Restricted Reserve definition
Restricted Reserve means the Restricted Reserve Account, the Primary Reserve, the Secondary Reserve and the Restricted Reserve Funds required by OAR 410-141-5285.
Restricted Reserve means liquid assets maintained in a segregated account by a care management organization.
Restricted Reserve or “RR” is defined as Section 3.3.15.
Examples of Restricted Reserve in a sentence
Deliverables: Direction to the County Trustee regarding the amount required to be maintained in the Restricted Reserve.
No additional General Job Expenses or Contractor's Fee may be charged on expenditures of the Restricted Reserve.
All expenditures of the Restricted Reserve must be approved in writing by the Owner, the Architect and the Contractor.
The Trustee may also initiate FRT review of the SSTLTR at any time the Restricted Reserve balance falls to, or is expected to fall to, 25% or less of the minimum required in Section 3.3.12, or when the Restricted Reserve balance has declined for three consecutive Fiscal Years.
The Restricted Reserve may not be used for General Job Expenses or Contractor's Fee.
More Definitions of Restricted Reserve
Restricted Reserve means funds provided to the registered housing association, the use of which is restricted by general law or by the terms on which the funds were given to the registered housing association or were allowed to be retained by the registered housing association to be used for a specific purpose;