SRF Subsidy definition

SRF Subsidy means the amount of investment earnings which will accrue on the Reserve Account during each Fiscal Year (taking into account scheduled transfers from the Reserve Account which will occur upon the payment of principal on Authority Program Bonds and assuming that the construction for the applicable project has been completed), if the balance in the Reserve Account is equal to the Reserve Percentage of the principal amount of the SRF Leveraged Program Bonds outstanding, the Reserve Account is invested in an investment agreement at a fixed rate during the calculation period and earnings are reduced by the Administrative Fee payable to DNR. Administrative Fee, Reserve Account and Reserve Percentage as used in this definition have the respective meanings set forth in the bond indentures for the applicable Authority Program Bonds.
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SRF Subsidy means the amount of investment earnings that will accrue on the Reserve Account during each Fiscal Year (taking into account scheduled transfers from the Reserve Account that will occur
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SRF Subsidy means the amount of investment earnings that will accrue on the Reserve
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Examples of SRF Subsidy in a sentence

  • Interest to be paid on any SRF Leveraged Program Bonds may be reduced by the SRF Subsidy, if any.

  • In determining the Average Annual Debt Service, the interest on any SRF Leveraged Program Bonds shall be reduced by the SRF Subsidy, if any and interest on any System Revenue Bonds that qualify for a U.S. Treasury Interest Subsidy may be reduced by the amount of the U.S. Treasury Interest Subsidy.

  • Finger dexterity starts to decrease strongly below a hand skin temperature of 15°C (Dannen, 1993).

  • Interest to be paid on any SRF Program Bonds may be reduced by the SRF Subsidy, if any.

  • Capital subsidy account / SRF (Subsidy Reserve Fund) account should be reconciled.

  • No physical work affecting the carriageway is to be undertaken on that part of Fred Taylor Drive between Tawhia Drive and Gunton Drive or that part of Gunton Drive between Fred Taylor Drive and Tawhia Drive or the Hobsonville Interchange between 1 October and 5 January (inclusive) of any following year unless following consultation by the requiring authority with Auckland Transport, Stride Holdings and the Council pursuant to the TMP process a shorter period is agreed to by all those parties.

  • In determining Debt Service Requirements, interest on any SRF Leveraged Program Bonds may be reduced by the SRF Subsidy, if any, and interest on any System Revenue Bonds that qualify for a U.S. Treasury Interest Subsidy may be reduced by the amount of the U.S. Treasury Interest Subsidy.

  • Interest to be paid on any SRF Program Bonds (as defined in the Series 2006 Parity Ordinance and the Series 2007 Parity Ordinance) may be reduced by the SRF Subsidy (as defined in the Series 2006 Parity Ordinance and the Series 2007 Parity Ordinance), if any.

Related to SRF Subsidy

  • Subsidy means the difference between the amount of periodic

  • Group long-term care insurance means a long-term care insurance policy which is delivered or issued for delivery in this State and issued to:

  • Health-care-insurance receivable means an interest in or claim under a policy of insurance which is a right to payment of a monetary obligation for health-care goods or services provided.

  • Long-term care insurance means group insurance that is authorized by the retirement system for retirants, retirement allowance beneficiaries, and health insurance dependents, as that term is defined in section 91, to cover the costs of services provided to retirants, retirement allowance beneficiaries, and health insurance dependents, from nursing homes, assisted living facilities, home health care providers, adult day care providers, and other similar service providers.

  • Captive Insurance Subsidiary means any Subsidiary of the Company that is subject to regulation as an insurance company (or any Subsidiary thereof).

  • Insurance premium finance company means a person engaged in the business of

  • Special Primary Insurance Policy Any Primary Insurance Policy covering a Mortgage Loan the premium of which is payable by the Trustee pursuant to Section 4.04(a), if so identified in the Mortgage Loan Schedule. There are no Special Primary Insurance Policies with respect to any of the Mortgage Loans.

  • Long-term care facility means a nursing home, retirement care, mental care, or other facility or institution that provides extended health care to resident patients.

  • long-term insurance business means the business of providing or undertaking to provide policy benefits under long-term policies, but does not include -

  • Insurance Subsidiary means any Subsidiary that is licensed by any Applicable Insurance Regulatory Authority to conduct, and conducts, an Insurance Business.

  • Franchise insurance means an individual insurance policy provided through a

  • life insurance business means the business of providing or undertaking to provide policy benefits under life policies;

  • Insurance Subsidiaries means, collectively, MGMM Insurance Company, a Nevada corporation and any Subsidiaries formed for the purpose of facilitating and providing insurance coverage and claims services for the Company and its Subsidiaries.

  • insurance business means one or more aspects of the business of selling, issuing or underwriting insurance or reinsurance.

  • Material Foreign Subsidiary means any Foreign Subsidiary that is a Material Subsidiary.

  • Special Primary Insurance Premium With respect to any Special Primary Insurance Policy, the monthly premium payable thereunder. Statutory Trust Statute: Chapter 38 of Title 12 of the Delaware Code, 12 Del.C. §3801 et seq., as the same may be amended from time to time.

  • Pre-existing Disease means any condition, ailment or injury or related condition(s) for which you had signs or symptoms, and / or were diagnosed, and / or received medical advice / treatment within 48 months to prior to the first policy issued by the insurer.

  • Mortgage Insurance means insurance protecting Lender against the nonpayment of, or default on, the Loan.

  • Finance Leases means any finance leases, to the extent the arrangement is or would have been treated as a finance or a capital lease in accordance with the Accounting Principles applicable on the First Issue Date (a lease which in the accounts of the Group is treated as an asset and a corresponding liability), and for the avoidance of doubt, any leases treated as operating leases under the Accounting Principles as applicable on the First Issue Date shall not, regardless of any subsequent changes or amendments of the Accounting Principles, be considered as a finance lease.

  • Asset Coverage means “asset coverage” of a class of senior security which is a stock, as defined for purposes of Section 18(h) of the 1940 Act as in effect on the date hereof, determined on the basis of values calculated as of a time within 48 hours (only including Business Days) next preceding the time of such determination.

  • Immaterial Foreign Subsidiary means any Foreign Subsidiary of the Borrower that is not a Material Foreign Subsidiary.

  • FHA Mortgage Insurance Contract means the contractual obligation of the FHA respecting the insurance of a Mortgage Loan.

  • Mortgage guaranty insurance means surety insurance under which a mortgagee or other creditor is indemnified against losses caused by the default of a debtor.

  • Mortgage Impairment Insurance Policy A mortgage impairment or blanket hazard insurance policy as described in Section 4.11.

  • group insurance means insurance, other than creditor’s group insurance and family insurance, whereby the lives of a number of persons are insured severally under a single contract between an insurer and an employer or other person; (“assurance collective”)

  • Insurance group means the persons that comprise an insurance holding company system.