Reserve Withdrawal definition

Reserve Withdrawal. With respect to any Distribution Date, the lesser of (a) the amount on deposit in the Reserve Fund and (b) the amount of Non-Supported Interest Shortfalls allocated to the Class A-3 Certificates.
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Reserve Withdrawal means a withdrawal of moneys from the Reserve Fund, by or on behalf of a Governmental Agency, to pay the principal of and interest on the Obligations and any other payments due under an Assistance Agreement on behalf of the Governmental Agency.
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Reserve Withdrawal. As defined in Section 4.09.
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Examples of Reserve Withdrawal in a sentence

  • Tuition Reserve Withdrawal RESOLVED that the Keyport Board of Education requests the approval a tuition reserve withdrawal in the amount of $100,000.

  • Maintenance Reserve Withdrawal RESOLVED that the Keyport Board of Education requests the approval a maintenance reserve withdrawal in the amount of $325,000.

  • Emergency Reserve Withdrawal RESOLVED that the Keyport Board of Education requests the approval an emergency reserve withdrawal in the amount of $50,200.

  • Adjustment Emergency Reserve Withdrawal RESOLVED that the Stafford Township Board of Education includes in the proposed budget a withdrawal from the General Fund Reserve Account for Other Projects for the purpose of district security funding in the amount of $40,000.

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

  • Maintenance Reserve Withdrawal RESOLVED that the Keyport Board of Education requests the approval a maintenance reserve withdrawal in the amount of $TBD.

  • The Trustee will deliver to MBIA promptly after each Distribution Date a statement setting forth the Insured Reserve Withdrawal for such Distribution Date and the aggregate amount of Insured Reserve Withdrawals as of such Distribution Date.

  • In 2019, the Board eliminated the Fiscal Reserve Withdrawal Guidelines, established a new Fiscal Stabilization Fund, and adopted a Fiscal Stabilization Policy.

  • Tuition Reserve Withdrawal BE IT RESOLVED that the general fund appropriations include a $250,000 withdrawal from the Tuition Reserve Account which were deposited into the account in SY 2020-2021 and are now required to be withdrawn to pay tuition obligations in the 2022-2023 SY.

  • Adjustment Maintenance Reserve Withdrawal RESOLVED that the Stafford Township Board of Education includes in the proposed budget a withdrawal from the General Fund Maintenance Reserve Account for the purpose of building maintenance appropriations in the amount of $140,000.


More Definitions of Reserve Withdrawal

Reserve Withdrawal. With respect to any Distribution Date, the lesser of (a) the amount on deposit in the Reserve Fund and (b) the amount of Non-Supported Interest Shortfalls allocated to the Class A-11 Certificates.
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Related to Reserve Withdrawal

  • Cash Withdrawal means a disbursement of funds in any currency from any Account out of the balance in your favour (whether or not in the form of cash) made or obtained through or in connection with any Citibank ATM/ Debit Card.

  • Market Withdrawal means a Person’s Removal or Correction of a distributed product which involves a minor violation that would not be subject to legal action by the FDA or which involves no violation, e.g., normal stock rotation practices, routine equipment adjustments and repairs, etc.

  • Reserve Account Withdrawal Amount means, with respect to any Distribution Date, the lesser of (x) any shortfall in the amount of Available Funds available to pay the amounts specified in clauses (i) through (xvii) of Section 5.7(a) (taking into account application of Available Funds to the priority of payments specified in Section 5.7(a) and ignoring any provision hereof which otherwise limits the amounts described in such clauses to the amount of funds available) and (y) the amount on deposit in the Reserve Account on such Distribution Date prior to application of amounts on deposit therein pursuant to Section 5.8.

  • Suspension/Withdrawal Event means, in respect of the Benchmark:

  • Free Withdrawal Amount ’ means an amount equal to the percentage, stated in the Data Pages, of the Annuity Account Value, minus the total of all prior withdrawals (and associated Withdrawal Charges) made as described in Section 5.01 in the current Contract Year that may be withdrawn each Contract Year without incurring a Withdrawal Charge. We have the right to change the Free Withdrawal Amount, but it will always be a percentage between 5% and 30% if so provided in the Data Pages.

  • Withdrawal means any measure aimed at preventing a product in the supply chain from being made available on the market;

  • Qualified withdrawal means a withdrawal from an account to pay the qualified disability expenses of the designated beneficiary of the account.

  • Voluntary Withdrawal means a Member’s dissociation with the Company by means other than by a Transfer or an Involuntary Withdrawal.

  • Final Withdrawal Has the meaning specified in the Escrow Agreement.

  • Single Withdrawal Tranche means the amount of the Financing allocated to the category entitled “Single Withdrawal Tranche” in the table set forth in Part B of Section II of Schedule 1 to this Agreement.

  • Excess Withdrawal is a withdrawal of Account Value that exceeds the Free Withdrawal Amount. This term may not apply to your Contract.

  • Suspension/Withdrawal Event means, in respect of the Benchmark:

  • Event of Withdrawal has the meaning assigned to such term in Section 11.1(a).

  • Withdrawal Event means the earliest to occur of any event which causes a Partner to cease to be a Partner, and to become a Former Partner, as set forth in Section 1.29.

  • Involuntary Withdrawal means, with respect to any Member, the occurrence of any of the following events:

  • Market Participant Energy Withdrawal means transactions in the Day-ahead Energy Market and Real-time Energy Market, including but not limited to Demand Bids, Decrement Bids, real-time load (net of Behind The Meter Generation expected to be operating, but not to be less than zero), internal bilateral transactions and Export Transactions, as further described in the PJM Manuals. Market Seller Offer Cap:

  • Transmission Withdrawal Rights means Firm Transmission Withdrawal Rights and Non- Firm Transmission Withdrawal Rights. APPENDIX 2 STANDARD CONSTRUCTION TERMS AND CONDITIONS Preamble The construction of any Interconnection Facilities required to interconnect a Customer Facility with the Transmission System shall be in accordance with the following Standard Construction Terms and Conditions.

  • Event of withdrawal of a general partner means an event that causes a person to cease to be a general partner as provided in section 402.

  • Power of withdrawal means a presently exercisable general power of appointment other than a power:

  • Nonqualified withdrawal means a withdrawal from an account that is not:

  • Withdrawal Period as defined in Section 10.13(b).

  • EU withdrawal agreement means the withdrawal agreement within the meaning of the European Union (Withdrawal Agreement) Act 2020 (see section 39(1) and (6) of that Act).”,

  • Firm Transmission Withdrawal Rights means the rights to schedule energy and capacity withdrawals from a Point of Interconnection of a Merchant Transmission Facility with the Transmission System. Firm Transmission Withdrawal Rights may be awarded only to a Merchant D.C. Transmission Facility that connects the Transmission System with another control area. Withdrawals scheduled using Firm Transmission Withdrawal Rights have rights similar to those under Firm Point-to-Point Transmission Service.

  • Cash Reserve Account means an Eligible Deposit Account established in the name of the Trust and designated as the Cash Reserve Account for the purposes hereof, the balance of which shall be subject to the control of the Trust for the benefit of the Trust and the Seller and applied in accordance with the terms hereof, which account shall bear interest and shall initially be account number [*], maintained at [*];

  • Notice of Purchase Withdrawal Has the meaning specified in the Deposit Agreement.

  • Replacement Reserve Account shall have the meaning set forth in Section 7.3.1 hereof.