Working Capital Reserves definition

Working Capital Reserves means, initially, the portion of the Net Proceeds of the Offering set aside as working capital reserves pursuant to Section 3.3E, as increased or decreased from time to time at the discretion of the General Partners.

Working Capital Reserves means the amount reserved by the Company out of its Gross Operating Income and its proceeds from Capital Transactions each month for the payment of Working Capital Expenses and any other expenses of the Company and its Subsidiaries, the amount of which reserve shall be determined by the Board of Managers in good faith, but which shall be equal to $0 until such time as Whitehall shall have contributed the entire Initial Working Capital Contribution to the capital of the Company.

Working Capital Reserves has the meaning set forth in Section 3.3(a).

Examples of Working Capital Reserves in a sentence

• In its 2014 Budget, NERC included the deferred rent liability balance – funds that have been received and are being retained to satisfy future liabilities under its lease agreements – as Working Capital Reserves under the definition of “working capital requirement” in the WCOR Policy.

• Working Capital Reserves Internal service funds are dependent upon a reasonable level of working capital reserve to operate from one billing cycle to the next.

• Unfunded Liabilities & Working Capital Reserves Staff continues to work to identify the necessary resources to fully fund MTD’s currently-unfunded liabilities.

• This would help in restoration of companies in a seamless and time bound manner.

• Furthermore, the Risk profile of the investments in the different portfolios shall fully reflect the Risks associated with the liabilities flowing from the different activities (Working Capital, Reserves, and Healthcare).

More Definitions of Working Capital Reserves

Working Capital Reserves has the meaning assigned that term in Article I of the Reorganization Plan.

Working Capital Reserves means the amount of reserves set aside for the proper operation of the Partnership from time to time in the sole discretion of the General Partner.

Working Capital Reserves means funds held in reserves which are maintained as working capital for the Company and available for any contingencies relating to the ownership of the Property and the operation of the Company. Amounts held in the Working Capital Reserves may at any time, in the discretion of the Board of Directors, be added to the liquidation proceeds allocable to the respective Shares (depending upon the characterization of such amounts when received by the Company), but may not be otherwise removed from the respective Working Capital Reserves.

Working Capital Reserves means the portion of the Gross Proceeds of the Offering set aside as working capital reserves pursuant to Section 5.6G.

Working Capital Reserves means such working capital, capital expenditure and debt service reserves as the Manager reasonably determine are necessary from time to time for the efficient and profitable operation of the Company's business. EXHIBIT A TO OPERATING AGREEMENT OF STERILOGY, LLC OWNERSHIP SCHEDULE Member Capital Account Number of Voting Units Number of Nonvoting Units Profit/Loss Sharing % Zaima Family LLC 0000 Xxxx Xxxxxxxxx Xxxxxx Xxxxxxxxxx Xxxxx, XX 00000 $10,000.00 10 0 50% Xxxxxxx Xxxxxxx 000 Xxxxxx Xxxx Bloomfield Hills, MI 48304 $10,000.00 10 0 50%

Working Capital Reserves means any working capital reserves established pursuant to the provisions of Paragraph 16.1.14.

Working Capital Reserves means Partnership funds set aside by the General Partner for working capital reserves for all Partnership expenses, investments, debt payments, capital improvements, replacements or contingencies. EXHIBIT A AGREEMENT OF LIMITED PARTNERSHIP OF FNB FINANCIAL SERVICES, LP Date: December 3, 2004 PARTNER INITIAL CAPITAL NUMBER OF NUMBER OF AND CONTRIBUTION GENERAL LIMITED ADDRESS AND VALUE PARTNERSHIP UNITS PARTNERSHIP UNITS INTEREST (%) ----------------------- --------------- ----------------- ----------------- ------------ Regency Consumer $ 10 1 __ 1% Financial Services Inc. Xxxxx 000 000 Xxxxx Xxxx Wilmington, DE 19803 FNB Consumer $ 990 __ 99 99% Financial Services Inc. Xxxxx 000 000 Xxxxx Xxxx Wilmington, DE 19803 TOTAL $ 1,000 1 99 100%