Sinking Fund Contribution definition

Sinking Fund Contribution means the amount of £[**] [per [month]/[annum]/[insert other timescale]];]

Examples of Sinking Fund Contribution in a sentence

  • Thus, in the aggregate, the recurrent spending in 2016 on current and retired employees of the central government amounts to $345.9 million or 60 percent of a total recurrent budget of $576.55 million, exclusive of Amortization and Sinking Fund Contribution.

  • In accordance with the Life Cycle Costing exercise, the Association will monitor and revise as necessary the Annual Sinking Fund Contribution for all schemes and the theoretical cumulative fund against actual reserves.

  • The Issuer shall deposit an amount equivalent to the Sinking Fund Contribution into the Sinking Fund on an annual basis.

  • These Estimates total $912.9 million: Of this sum, Recurrent Expenditure accounts for $576.55 million; Amortization amounts to $116.67 million; Sinking Fund Contribution receives an allocation of $22.0 million; and Capital Expenditure is allocated $197.67 million.

  • Mr Speaker, we are projecting the following: • Total Revenue - $50.736 billion; • Oil Revenue - $20.038 billion; • Non-Oil Revenue - $30.698 billion; • Total Expenditure net of Capital Repayments and Sinking Fund Contribution - $58.405 billion.

  • Payments to be made over four periods paid in advance on 1 November 2021, 1 February 2022, 1 May 2022, and 1 August2022.CARRIEDMotion 11: That the Owners Corporation determines a Sinking Fund Contribution of $150,300.00 plus GST for the 2021/2022 year, to be contributed in accordance with unit entitlements.

  • An additional piece of work was commissioned by the Internal Audit Committee concerning lessons learnt in regard to the former Sansome Walk Swimming Pool site.

  • Assumptions made by Knight Frank on non‐reimbursable costs are Sinking Fund Contribution in the amount of € 4.50/ m² per annum.

  • These are unchanged and are as follows; Rent: Year 1$110,000, plus GSTYear 2$113,300Year 3$116,699Year 4$120,200Year 5$128,806 Contribution to Capital Reserve Fund: Sinking Fund Contribution Year 1$45,000, plus GSTYear 2$46,300Year 3$47,741Year 4$49,173Year 5$50,645 For years thereafter, it will increase by CPI.

  • The Consumer Association has raised the issue with respect to disallowance of Contribution to Sinking Find at various forums.Vide Order dated 03.07.2023 in Petition No. 573/GT/2020 in respect of Durgapur Steel Thermal Power Plant, CERC has allowed Sinking Fund Contribution as an 'Additional Claim' to DVC.

Related to Sinking Fund Contribution

  • Sinking Fund Account means the sinking fund account established and held by the Treasurer of Charleston County designed to provide for the payment of the principal of, premium, if any, and interest on the Bonds, as the same respectively fall due.

  • Sinking Fund means each Sinking Fund Subaccount under the Indenture. To the extent necessary for compliance with the Authority’s tax covenants and other provisions of the Indenture and the Act, the Authorized Officers of the Authority may subdivide each such subaccount in respect of separate categories or issues of Sinking Fund Bonds.

  • Sinking Fund Payment means, with respect to a particular Series, as of any particular date of calculation, the amount required to be paid in all events by the Corporation on a single future date for the retirement of Outstanding Bonds which mature after said future date, but does not include any amount payable by the Corporation by reason of the maturity of a Bond or by call for redemption at the election of the Corporation.

  • Sinking Fund Installment means, as of any particular date of calculation, the amount required, as of such date of calculation, to be paid by the Authority on a future date for the retirement of Outstanding Bonds which are stated to mature subsequent to such future date, but does not include any amount payable by the Authority by reason only of the maturity of a Bond.

  • Sinking Fund Redemption Date Has the meaning specified in Section 6.06 of the Indenture.

  • Sinking Fund Provisions [No sinking fund provisions] [The Designated Securities are entitled to the benefit of a sinking fund to retire $ principal amount of Designated Securities on in each of the years through at 100% of their principal amount plus accrued interest] [, together with [cumulative] [non-cumulative] redemptions at the option of the Company to retire an additional $ principal amount of Designated Securities in the years through at 100% of their principal amount plus accrued interest.] [If Designated Securities are Extendable Debt Securities, insert-- Extendable Provisions: The Designated Securities are repayable on , at the option of the holder, at their principal amount with accrued interest. The initial annual interest rate will be %, and thereafter the annual interest rate will be adjusted on , , and to a rate not less than % of the effective annual interest rate on obligations with year maturities as of the [interest date 15 days prior to maturity date] prior to such [insert maturity date].] [If Designated Securities are Floating Rate Debt Securities, insert-- Floating Rate Provisions: The initial annual interest rate will be % through [and thereafter will be adjusted [monthly] [on each , , and ] [to an annual rate of % above the average rate for -year [-month] [securities] [certificates of deposit] by and [insert names of banks].] [and the annual interest rate [thereafter] [from through ] will be the interest yield equivalent of the weekly average per annum market discount rate for -month Treasury bills plus % of the Interest Differential (the excess, if any, of (i) the then-current weekly average per annum secondary market yield for -month certificates of deposit over (ii) the then-current interest yield equivalent of the weekly average per annum market discount rate for -month Treasury bills); [from and thereafter the rate will be the then-current interest yield equivalent plus % of the Interest Differential].] 23

  • Matching Funds means the amount and nature of the moneys or resources to be used by the Local Political Subdivision or Nonprofit Organization for the Project. Such funds shall constitute not less than twenty-five percent (25%) of the total Cost of Project set forth in Appendix D and may consist of money by any person, any Local Political Subdivision, the State of Ohio, or the federal government or of contributions in-kind by such parties through purchase or donation of equipment, land, easements, labor, or materials necessary to complete the Project.

  • the Independent Living Fund (2006 means the Trust of that name established by a deed dated 10th April 2006 and made between the Secretary of State for Work and Pensions of the one part and Margaret Rosemary Cooper, Michael Beresford Boyall and Marie Theresa Martin of the other part;

  • mandatory sinking fund payment has the meaning specified in Section 12.1.

  • Operating Fund means a fund in which the revenues and expenditures are subject to appropriation control.

  • Offering Funding Date means the date on which the offering for the Series Asset is fully funded through an offering conducted by the Company.

  • Matching Contribution means an Employer contribution made to this or any other Defined Contribution Plan on behalf of a Participant on account of an Employee Contribution made by such Participant, or on account of a Participant's Employee Elective Deferral, under a plan maintained by the Employer.

  • Nonelective Contribution means an amount contributed by a participating

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

  • Bond Payment Date means any date on which principal of or interest on any Bond is payable.

  • Participating Fund means each Fund, including, as applicable, any series thereof, specified in Exhibit A, as such Exhibit may be amended from time to time by agreement of the parties hereto, the shares of which are available to serve as the underlying investment medium for the aforesaid Contracts.

  • Participating Funds means those Funds that are parties to a particular repurchase transaction effected through the Joint Trading Account.

  • Revolving fund means a self-supporting fund which provides services or sells goods to state agencies, other governmental jurisdictions, or the public.

  • Matching Contributions means contributions made by the Employer on account of an "eligible Participant's" Elective Deferrals.

  • Qualified Matching Contribution means any employer contribution allocated to an Eligible Employee's account under any plan of an Employer or a Related Company solely on account of "elective contributions" made on his behalf or "employee contributions" made by him that is a qualified matching contribution as defined in regulations issued under Code Section 401(k), is nonforfeitable when made, and is distributable only as permitted in regulations issued under Code Section 401(k).

  • Qualified Nonelective Contribution (QNEC) means the Employer's contributions to the Plan that are made pursuant to Sections 12.1(a)(4), 12.5 and 12.7 or pursuant to any other Plan provision which provides for such contributions.

  • Qualified Nonelective Contributions means contributions of the Plan Sponsor or an Affiliate, other than Matching Contributions or Elective Deferrals, which are nonforfeitable when made, and which would be nonforfeitable regardless of the age or service of the Employee or whether the Employee is employed on a certain date, and which may not be distributed, except upon one of the events described under Code Section 401(k)(2)(B) and the regulations thereunder.

  • Interest and Sinking Fund means the interest and sinking fund established by Section 8.01(a).

  • In-kind contribution means a contribution of goods or services received by a candidate committee, joint candidates committee, political committee, continuing political committee, political party committee, or legislative leadership committee, which contribution is paid for by a person or entity other than the recipient committee, but does not include services provided without compensation by an individual volunteering a part of or all of his or her time on behalf of a candidate or committee.

  • Investing Fund any Fund investing Cash Balances and/or Cash Collateral in an Affiliated Money Market Fund; and

  • Qualifying contribution means, with respect to a candidate, a contribution that—