R&R Fund definition

R&R Fund means the repair and replacement fund established pursuant to Section 6.6.5. funded by Operator from Sports Center Gross Revenues into which Operator will deposit and maintain funds in accordance with Section 6.6.5. for the performance of Asset Management Services.
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R&R Fund means the funds to be included by the Village in its annual fiscal year budget for the purpose of accruing funds for the Renewal and Replacement of major Equipment and components of the Wastewater Facilities. The Renewal and Replacement Fund shall be maintained by the Village in a separate or segregated account to be managed by the Village for the purpose of funding Renewal and Replacement of the Wastewater Facilities.
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R&R Fund means the Annual Renewal and Replacement Fund.
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Examples of R&R Fund in a sentence

  • Annisa CLO, Ltd., as a Lender By: Invesco RR Fund L.P. as Collateral Manager By: Invesco RR Associates LLC, as general partner By: Invesco Senior Secured Management, Inc.

  • In order to assure funding to perform all capital assets repair and replacement work, the Operator shall on an annual basis deposit funds into the R&R Fund to be utilized solely to fund such work.

  • Riserva CLO, Ltd, as a Lender By: Invesco RR Fund L.P. as Collateral Manager By: Invesco RR Associates LLC, as general partner By: Invesco Senior Secured Management, Inc.

  • In the event Sports Center Gross Revenues received by the Operator in any Operating Year together with amounts on deposit and available in the R&R Fund and the Operating Reserve Fund are less than Sport Center Expenses, capital expenditures and funding of the deposits to the R&R Fund and the Operating Reserve Fund the Operator shall be obligated to advance such funds and be reimbursed at such time as Sports Center Gross Revenues are sufficient as provided in this Agreement.

  • The Operator will deposit a minimum annual amount of not less than 1% in year one, 2% in year two, 3% in year three, and 4% in the remaining years of the Sports Center Gross Revenues (less any parking fee income) into the R&R Fund for the Sports Center.

  • There is hereby established a R&R Fund to be held by the Operator.

  • During the term of this Agreement, deposits into the R&R Fund will be in amounts adequate for the maintenance and repair of the facilities based on factors including the selected construction method, materials, equipment, systems, life-cycle repair and replacement program, geography and climate.

  • Annisa CLO, Ltd., as a Term Loan Lender By: Invesco RR Fund L.P. as Collateral Manager By: Invesco RR Associates LLC, as general partner By: Invesco Senior Secured Management, Inc.

  • MILOS CLO, LTD., as a Lender By: Invesco RR Fund L.P. as Collateral Manager By: Invesco RR Associates LLC, as general partner By: Invesco Senior Secured Management, Inc.

  • By: Invesco RR Fund L.P. as Collateral Manager By: Invesco RR Associates LLC, as general partner By: Invesco Senior Secured Management, Inc., as sole member as a Lender, By: /s/ P▇▇▇▇▇▇ ▇▇▇▇▇▇ Name: P▇▇▇▇▇ ▇▇▇▇▇▇ Title: Authorized Signatory If two signatures required: By: Name: Title: C▇▇▇▇▇▇ CLO, Ltd.