Maintenance Requirement definition

Maintenance Requirement means the Value of Collateral which must be maintained in the Securities Account, as determined by the Lender from time to time in its discretion.
Maintenance Requirement means, for any Fiscal Year in which Special Taxes are levied, the amount equal to the budgeted costs for Maintenance applicable to the CFD for such Fiscal Year.
Maintenance Requirement means the amount calculated in accordance with paragraph 1 of Schedule 1;

Examples of Maintenance Requirement in a sentence

  • In all cases, funding of any Request for an Advance will be subject to compliance by Customer with the terms and provisions of the Act, the Regulations, the Credit Policy and this Agreement, including, without limitation, the Stock Ownership Requirement and Collateral Maintenance Requirement.

  • If Buyer fails to timely deliver to Seller a written notice or report required by (b), (c), or (d) 264 below, then, except for Seller’s continuing Maintenance Requirement, Buyer shall have waived Seller’s 265 obligation(s) to repair, replace, treat or remedy the matters not inspected and timely reported.

  • This Collateral Maintenance Requirement may be increased or decreased by Seattle Bank at any time, based upon Customer’s creditworthiness or the quality of Customer’s Eligible Collateral, as determined by Seattle Bank from time to time.

  • GBRA shall also render monthly bills to the WCID for one- twelfth (1/12th) of the Operation and Maintenance Requirement and Budgeted CRR Requirement, and one- twelfth (1/12th) of the Non-Budgeted CRR Requirement and the Repayment Requirement for as long as such latter two Requirements exist and available monies remain in the associated CRR Fund and Hydro Fund.

  • The Maintenance Requirement shall be determined by Bank in its sole discretion.

  • FHLBank may elect to treat any such Mortgage Collateral as Collateral that is not Qualifying Collateral or impose on such Collateral a higher Collateral Maintenance Requirement than similar Mortgage Collateral with respect to which such notes or other documents comprising or representing it have not been destroyed.

  • Finally, for a release of Collateral to occur under paragraph 2 of said SCHEDULE C, the Collateral Maintenance Requirement to be satisfied thereunder is the requirement that the Obligations as a percentage of market value of the Collateral shall be not greater than 50% after giving effect to any such release.

  • This shall include equipment and system technical documentation, including but not limited to Technical Manuals (TM), ECP, Planned Maintenance System (PMS) including Maintenance Requirement Card (MRC) and Maintenance Index Page (MIP), data for update to Allowance Parts List and Work Packages supplied as GFI/Government-Furnished Material (GFM).

  • If Buyer fails to timely deliver to Seller a written notice or report required by (b), (c), or (d) 208 below, then, except for Seller’s continuing Maintenance Requirement, Buyer shall have waived Seller’s 209 obligation(s) to repair, replace, treat or remedy the matters not inspected and timely reported.

  • Unless Buyer exercises the right to terminate granted herein, Buyer accepts the physical condition of the Property and any violation of governmental, building, environmental, and safety codes, restrictions, or requirements, but subject to Seller’s continuing AS IS Maintenance Requirement, and Buyer shall be responsible for any and all repairs and improvements required by Buyer’s lender.


More Definitions of Maintenance Requirement

Maintenance Requirement means, on any date, the percentage of the Value of the Collateral, expressed as a dollar amount and determined by the Lender, from time to time, in its discretion, denoting the maximum amount of the Advances that may be outstanding on that date. The Lender reserves the right to modify the Maintenance Requirement, from time to time, in its discretion, including but not limited to modifying the percentage of the Value of the Collateral to be used in determining the Maintenance Requirement and/or the type of Collateral that may be included in determining the Maintenance Requirement. Among other things, the Lender may, in its discretion, adjust the Maintenance Requirement as a result of a reduction in the trading volume or per share price of the Collateral.
Maintenance Requirement means that (a) the sum of (x) the market value of the Borrower's total assets, minus (y) 100% of the value of any assets pledged to third parties in connection with any Indebtedness of the type referred to in Section 5.1(iii) and (iv), minus (z) 100% of the dollar amount of any Indebtedness secured by the Lien referred to in Section 5.2(v) must be equal to or greater than (b) 150% of the principal amount of the Loans outstanding together with accrued and unpaid interest thereon (in each case, as determined on the date the Borrower calculates its Net Asset Value and as determined by the Borrower in determining the net asset value of its shares).
Maintenance Requirement. . This means that the individual must be able to support himself or herself and the family. One must also have a home of a sufficient size and standard so that they can live together when the family moves to Sweden.

Related to Maintenance Requirement

  • Maintenance Requirements shall have the meaning set forth in Clause 14.2;

  • Maintenance Test means the maintenance test set out in Clause 12.1 (Maintenance Test).

  • Insurance Requirements means, collectively, all provisions of the Insurance Policies, all requirements of the issuer of any of the Insurance Policies and all orders, rules, regulations and any other requirements of the National Board of Fire Underwriters (or any other body exercising similar functions) binding upon each Loan Party which is an owner of Mortgaged Property and applicable to the Mortgaged Property or any use or condition thereof.

  • performance requirement means a requirement that:

  • Debt Service Requirement means the total principal, Maturity Amounts and interest coming due, whether at maturity or upon mandatory redemption (less any amount of interest that is capitalized and payable with the proceeds of debt on deposit with the Authority or any paying agent for the or other obligations of the Authority payable from all or some portion of Gross Earnings), for any period of 12 consecutive calendar months for which such a determination is made, provided: