R&R Reserve definition

R&R Reserve means the Repair and Replacement Reserve Fund established under Section 5.04 of the Indenture.
View Source

Examples of R&R Reserve in a sentence

  • The average MW Output or average MW Reduction, average Availability and the RR Reserve Characteristic of the Providing Unit for the Trading Period form the basis for calculating RR Available Volume.

  • On the last day of any AR, PR, or RR Reserve block(s), Scheduling will not assign any scheduled or rescheduled flight(s), including, but not limited to, a Charter, Red Eye, or Night Flight, that was originally scheduled to return the Reserve to her/his home domicile past 0259 Local Time (block plus thirty).

  • TL Denominated FX Denominated RR LR(GS) Total RR LR (GS) Total Deposits %6 %4 %10 %11 %1 %12 Other Liabilities %6 %4 %10 %11 %1 %12 RR: Reserve Requirement LR: Liquidity Requirement GS: Government Securities.

  • On the Closing Date, the Borrower shall deposit into the Repair and Restoration Reserve Account the amount set forth in the schedule of "sources and uses" referred to in Section 4.1(l) to be deposited into the Repair and Restoration Reserve Account, PROVIDED such amount shall in no event exceed the R&R Reserve Maximum Balance.

  • Pursuant to Section 5.04 of the Indenture, the Trustee is directed to establish and maintain a Repair and Replacement Reserve Fund (the "R&R Reserve").

  • The Borrower shall deposit into the Repair and Restoration Reserve Account all Repair Maintenance Payments and Restoration Payments received by the Borrower; PROVIDED, that amounts in excess of the R&R Reserve Maximum Balance shall, upon the next succeeding Quarterly Transfer Date, be distributed following the priority set forth in Section 8.8(b) commencing with paragraph SIXTH .

Related to R&R Reserve

  • road reserve means the area contained within the statutory width of a road, and includes roadways, shoulders and sidewalks and the airspace above such roadways, shoulders and sidewalks and all other areas within the road reserve boundary.

  • FF&E Reserve shall have the meaning given such term in Section 5.1.2(a).

  • Series Reserve Account means the Reserve Account for the Series of Bonds established in the Reserve Fund by Supplemental Indenture in an amount equal to the Series Reserve Account Requirement for such Series of Bonds.

  • Yield Reserve means, on any date, an amount equal to: (a) the Capital at the close of business of the Servicer on such date multiplied by (b)(i) the Yield Reserve Percentage on such date divided by (ii) 100% minus the Yield Reserve Percentage on such date.

  • Interest Reserve means, for any Calculation Period, the product (expressed as a percentage) of (i) 1.5 times (ii) the Alternate Base Rate as of the immediately preceding Cut-Off Date times (iii) a fraction the numerator of which is the highest Days Sales Outstanding for the most recent 12 Calculation Periods and the denominator of which is 360.