Working Capital Operating Reserve definition

Working Capital Operating Reserve means a reserve for the working capital and other needs of the Company and/or any Property Company. The parties acknowledge that any Working Capital Sale Reserve that is established pursuant to the sale of the Assets shall be separate and apart from the Working Capital Operating Reserve and, without limitation of the foregoing, the funds determined to be placed in any such Working Capital Sale Reserve shall not, unless otherwise reasonably determined by NS Managing Member, reduce the funds that shall remain in the Working Capital Operating Reserve.

Examples of Working Capital Operating Reserve in a sentence

  • Interest earned on invested funds is credited either to the Working Capital Operating Reserve fund or the Capital Asset Fund, depending on the source of the funds.

  • Total Desired Working Capital, Operating Reserve and Assessment Stabilization Reserve at 12/31/2018: $7,475,734.

  • The target reserve balances as follows:o Emergency Repair Reserve Target Balance $2,000,000-$4 million total all fundso Rate Stabilization Reserve Target Balance 10% of total operating revenues in each fundo Working Capital Operating Reserve 3-6 months expenditures Summary of Economic Factors in 2021: CPI-U = 7%, Colorado Min Wage increases 1.19% Summary of Proposed Fee Increases: Overall, the 2022 Budgets include an increase in total residential fees of $18.13/mo.

  • Identify appropriate areas within the Willakenzie subarea to accommodate office development and address neighborhood commercial needs.

  • The target reserve balances as follows:o Emergency Repair Reserve Target Balance $2-$4 million total for all fundso Rate Stabilization Reserve Target Balance 10% of total operating revenues in each fundo Working Capital Operating Reserve 3-6 months expenditures• Summary of Economic Factors in 2022: CPI-U = 8%, Colorado Min Wage increases 1.87% include an increase in total residential fees of $14.89/mo.

  • For reporting purposes, the Fire Authority has consolidated its Working Capital Operating Reserve Fund and Investment Fund into the General Fund.Debt Service Fund This fund is used to account for the financial resources that are restricted, committed, or assigned to expenditures for principal, interest and related costs on general long-term debt.

Related to Working Capital Operating Reserve