Maintenance Reserve Account definition

Maintenance Reserve Account means the Maintenance Reserve Account established by the Depositary pursuant to the Depository Agreement.
Maintenance Reserve Account has the meaning given to such term in Section 3.01(a).
Maintenance Reserve Account means the Account so designated established and created under Section 2.2(a) of the Intercreditor Agreement.

Examples of Maintenance Reserve Account in a sentence

  • The Maintenance Reserve Account is maintained in the general fund and its activity is included in the general fund annual budget.

  • The Maintenance Reserve Account is maintained in the General Fund and its activity is included in the General Fund annual budget.

  • Approve the appropriation of a sum not to exceed $2,000,000 to the Maintenance Reserve Account.

  • Purpose of the Councils Building Maintenance Reserve Account – To be used to fund or partially funds works associated with significant maintenance to assist asset preservation on Council owned buildings and/or works associated with emergency repairs.

  • Maintenance Reserve Account Withdrawal RESOLVED that the Tinton Falls Board of Education requests the approval of a maintenance reserve withdrawal in the amount of $200,000.


More Definitions of Maintenance Reserve Account

Maintenance Reserve Account has the meaning given to such term in Section 3.01.
Maintenance Reserve Account shall have the meaning assigned thereto in the Security Agreement.
Maintenance Reserve Account means the account opened and maintained pursuant to Clause 10 of the Intercreditor Agreement;
Maintenance Reserve Account is defined in the Depositary Agreement.
Maintenance Reserve Account means the special account designated by that name established by the Administrative Agent pursuant to Article VIII.
Maintenance Reserve Account means the Maintenance Reserve Trust Account together with the Maintenance Reserve DDA Account (it being understood that any provision herein providing for or requiring a deposit of funds to the Maintenance Reserve Account shall be deemed to refer to a deposit to the Maintenance Reserve DDA Account, with all amounts on deposit in the Maintenance Reserve DDA Account to be automatically transferred on a daily basis to the Maintenance Reserve Trust Account).
Maintenance Reserve Account means each of the Maintenance Reserve Accounts established pursuant to Section 4(c) hereof.