Reserves definition

Reserves means the number of shares of Common Stock covered by each option under the Plan which have not yet been exercised and the number of shares of Common Stock which have been authorized for issuance under the Plan but not yet placed under option.
Reserves means funds set aside or amounts allocated to reserves which shall be maintained, in amounts reasonably determined by the Manager, to be appropriate for (i) working capital and to pay taxes, insurance, debt service or other costs or expenses incident to the ownership of the Company’s assets or operation of the Company’s business, including under any financing, or (ii) capital expenses which have been approved by the Manager.
Reserves means all (if any) Inventory Reserves and Availability Reserves.

Examples of Reserves in a sentence

  • RESERVES & RESOURCES 39% Increase in International 3P Reserves Work was undertaken across the portfolio in support of an updated independent review and assessment of the resource and reserve position, incorporating results of recent drilling activities and recent additions to the portfolio.

  • The simulated deployment of Demand Resources shall be such that there is adequate Primary Reserves provided by economic resources, if sufficient simulated Demand Resources are available.

  • Primary Reserves shall be assigned to generation resources in order to maximize simulated reliability, provided that assignments to Limited Duration Resources and Combination Resources shall be pro rata according to their Effective Nameplate Capacity.

  • Primary Reserves shall be exhausted prior to identifying a loss of load event in the analysis.

  • A bargaining unit member in the Reserves, National Guard, or Air National Guard who is deployed on extended unpaid military leave of absence and whose military pay (plus adjustments) is less than one hundred percent (100%) of their base pay as a City employee shall receive the difference between one hundred percent (100%) of their City base pay and their military pay (plus adjustments).


More Definitions of Reserves

Reserves means, as of any date of determination, such amounts as Bank may from time to time establish and revise in its good faith business judgment, reducing the amount of Advances and other financial accommodations which would otherwise be available to Borrower (a) to reflect events, conditions, contingencies or risks which, as determined by Bank in its good faith business judgment, do or may adversely affect (i) the Collateral or any other property which is security for the Obligations or its value (including without limitation any increase in delinquencies of Accounts), (ii) the assets, business or prospects of Borrower or any Guarantor, or (iii) the security interests and other rights of Bank in the Collateral (including the enforceability, perfection and priority thereof); or (b) to reflect Bank’s reasonable belief that any collateral report or financial information furnished by or on behalf of Borrower or any Guarantor to Bank is or may have been incomplete, inaccurate or misleading in any material respect; or (c) in respect of any state of facts which Bank determines constitutes an Event of Default or may, with notice or passage of time or both, constitute an Event of Default.
Reserves has the meaning set forth in Section 1.2.
Reserves means the maximum reserve requirement, as prescribed by the Board of Governors of the Federal Reserve System (or any successor) with respect to "Eurocurrency liabilities" or in respect of any other category of liabilities which includes deposits by reference to which the interest rate on Eurodollar Rate Loans is determined or category of extensions of credit or other assets which includes loans by a non-United States office of any Lender to United States residents.
Reserves. The following: Availability Reserves and Inventory Reserves.
Reserves means, with respect to any fiscal year or other period, funds set aside or amounts allocated during such period to reserves that shall be maintained in amounts deemed sufficient by the General Partner for working capital, to pay taxes, insurance, debt service, and other costs or expenses incident to the ownership of the Partnership Property and the conduct of business by the Partnership as contemplated hereunder.
Reserves means, with respect to any Fiscal Year, funds set aside or amounts allocated during such period to reserves which shall be maintained in amounts deemed sufficient by the Trustees for working capital and to pay taxes, insurance, debt service, renewals, or other costs or expenses, incident to the ownership of the Investments or to its operations.
Reserves means, with respect to any fiscal period, funds set aside or amounts allocated to such period to reserves which shall be maintained in amounts deemed sufficient by the Members for working capital or other reasonable business needs.