Reserved Funds definition

Reserved Funds. All funds paid by a Card Association on account of Sales Records submitted to Member or Servicer by Carrier pursuant to this Agreement and held by Member or Servicer pursuant to the provisions of the Exposure Protection Schedule.

Reserved Funds for any fiscal year of the Borrower, amounts committed to be paid but not expended in such fiscal year on account of Capital Expenditures, Investments and Permitted Acquisitions if the Borrower or any of its Restricted Subsidiaries has entered into a legally binding commitment to complete such project within 180 days following such fiscal year.

Reserved Funds all Net Cash Flow held by Lender pursuant to the terms and conditions of Section 4.1.

Examples of Reserved Funds in a sentence

• Each daily statement will provide the total Ounce weight held as the case may be, for each respective type of Bullion and its Prescribed Form in addition to an account activity statement detailing its Cash Balance, Credit Line, Unsettled Funds and Reserved Funds, all orders, deposits and withdrawals executed on the statement issue date.

• Interest for the reservation of funds fee for the reservation of funds calculated from the Reserved Funds according to the Interest rate.

• Reserved Funds reserved, but not yet issued Loan Amount or its part notified by the Lender to the Partner as per Clause 2.3 of the General Provisions.

• Reserved Funds reserved, but not yet issued Loan Amount or its part notified by the Lender to the Partner as per Clause 2.1 of the General Provisions.

• Prior to the Preliminary Approval Hearing, the Parties will cooperate on the preparation of a distribution schedule identifying the distribution of the Settlement Amount (less the Reserved Funds) to identified members included in Subclass 1 (the “Preliminary Distribution Schedule”).

More Definitions of Reserved Funds

Reserved Funds means the funds that have been reserved from PTM’s Available Balance due the existence of an open limit order in MetalDesk;

Reserved Funds means for any Fiscal Year of Borrower, amounts not expended during such Fiscal Year, but designated by Borrower as committed or projected to be paid within 365 days after the end thereof, in each case in respect of one or more Consolidated Capital Expenditures, Investments or Permitted Acquisitions (collectively, a “Permitted Reserved Funds Use”), provided that as of any date of determination of Consolidated Excess Cash Flow, Borrower or one or more of its Restricted Subsidiaries has either (i) entered into a legally binding commitment to expend such funds on such Permitted Reserved Funds Use or (ii) deposited such funds into a segregated account identified as the “Reserved Funds Account” to, and maintained with Administrative Agent. Any amounts designated as Reserved Funds may, to the extent no longer held or being used for a Permitted Reserved Funds Use, be redesignated by a certificate of a Financial Officer of Borrower to the Administrative Agent, as no longer being Reserved Funds.

Reserved Funds. All funds paid by a Card Association on account of Sales Records submitted to Member by Carrier pursuant to this Agreement and held by Member pursuant to the provisions of the Exposure Protection Schedule.

Reserved Funds means funds allocated under a Warrant that have been withheld and cannot be spent until the Premier or member of the Provincial Executive responsible for finance gives the approval to do so in the form of a De-reservation Warrant;

Reserved Funds means such funds reserved by the Joint Venture, including without limitation, (a) funds legally required by applicable laws to be set aside (for taxes, employee benefit contributions etc.), (b) operating reserves, (c) capital reserves, (d) contingency reserves and (e) funds reserved for debt coverage and debt pay down.

Reserved Funds means any Net Recoveries that would otherwise be available to Other Trust Beneficiaries that the Liquidation Trustee elects to reserve to fund the pursuit of specific Causes of Action (as opposed to trust administrative expenses).

Reserved Funds means such amounts reserved pursuant to this Plan, the Confirmation Order and the Liquidating Trust Agreement for the purpose of providing a Distribution to Disputed Claims that become Allowed after the Effective Date, including the Administrative Claim Reserve and the Disputed Claims Reserve, in such amounts as may be agreed by the Proponents.