Examples of Maintenance Reserve Fund in a sentence
The amount to be held in the Maintenance Reserve Fund is determined by the operator using a quantity surveyor’s report.Note: The following ongoing costs are all stated as weekly amounts to help you compare the costs of different villages.
This fund may or may not cover maintaining or repairing items in your unit, depending on the terms of your residence contract.The budgets for the General Services Charges Fund and the Maintenance Reserve Fund are set each financial year and these amounts can increase each year.
The Operating and Maintenance Reserve Fund is calculated as one‐sixth of the projected operating and maintenance expenses estimated for the following fiscal year.
Operations, Capital and Financing FundsThe GTAA has established an Operating and Maintenance Reserve Fund and a Renewal and Replacement Reserve Fund pursuant to the Trust Indenture.
This fund may or may not cover maintaining or repairing items in your unit, depending on the terms of your residence contract.The budgets for the General Services Charge and the Maintenance Reserve Fund are set each financial year and these amounts can increase each year.