Sentences with phrase «as a contingency fund»

Also please suggest as i want to invest 1, oo, ooo / - as a contingency fund.

In developed countries, livelihood and asset losses sustained in natural disasters are often covered by international insurance, capital markets, or simply by government budgets that act as contingency funds.

If you have hundreds of thousands of dollars as a contingency fund available, then you are fine.

It is important to have sufficient liquid cash / bank balance as a contingency fund.

Moreover, I generally use the loan on LIC policies as a contingency fund for all kinds emergencies.

20 % downpayment is $ 36K + $ 4K closing cost + $ 20K rehab + $ 6K for my 10 % «oh crap» fund (also known as a contingency fund or an estimate slippage fund).

Not exact matches

Save the funds as a contingency plan in case something does go wrong or you experience a slow month and need the extra cash to cover operating expenses and payroll.

The budget also requests $ 12 billion in so - called Overseas Contingency Operations, or OCO, funding for extraordinary costs, chiefly in war zones such as Afghanistan, Iraq and Syria.

The Conservatives characterized Martin's contingencies as little more than slush funds, a smear that stuck because of the white lies at the heart of the budget.

As Andrea Horwath noted, her platform includes significant contingency funds.

Financial firms are particularly vulnerable, which is why the Bank of England in April called on hundreds of them, including insurers and fund managers, to submit Brexit contingency plans in July as the central bank plans for «all eventualities.»

3) Could this push the listed fund towards a capital raising post-listing date as a contingency plan — and how would this affect the ASX «Share Price».

«Against the underlying balance of available funds we have, as mentioned above, invested strongly in player acquisitions during the summer at a total transfer in cost of more than # 90 million with additional significant commitments to player wages, agent's fees and performance related contingencies on top of that.»

As proposed by Cuomo, that contingency fund would filled with proceeds from converting non-profit healthcare companies to for - profit status, along with new taxes on health insurers and opioid manufacturers.

The state could also dip into a contingency fund that Cuomo wants to establish to backfill as a hedge against cuts in New York's federal healthcare funding.

A resolution of the County Legislature for any of the following specified purposes shall be submitted to the County Executive for his or her approval or veto in the same manner as provided in this charter for the adoption of ordinances: (a) an allocation from the budget contingency fund; (b) a supplemental or emergency appropriation; (c) the issuance of budget notes or notes in anticipation of the collection of taxes or revenues; and (d) the issuance of bonds, anticipation notes or capital notes.

«If they do not find a contingency way to address Medicaid... I will veto every single appropriation — all 518 of them — and 6,800 programs that they fund for $ 193 million, more commonly known as member items.

POUGHKEEPSIE — This afternoon, the Dutchess County Legislature's Public Safety Committee authorized $ 3.2 million to be taken out of the County's general contingency fund as well as out of general fund balance to pay for increasing costs relating to the Dutchess County Jail including overtime costs and inmates housed in other institutions.

As part of the proposed Council plan, 5 percent of what's left would get socked away in a contingency fund.

The balance will come in Medicaid funds known as FMAP, for which the Senate and Assembly both passed a contingency plan before leaving Albany last week.

The federal government has authorized the institute to spend less than half of its planned 220 million reai budget this year, withholding the rest as «contingency funds.»

In addition, a politically important aspect of the deal is how it treats war funding, also known as Overseas Contingency Operations funding or OCO.

You also need to watch the expiration date on contingencies, as it can impact the return of funds.

For instance, a kitchen renovation with an overall budget (including GST) is $ 50,000, so add another $ 5,000 as part of your contingency fund.

hi, we have some emergency fund which we will used in a better way that's why we choose some liquids mutual fund as follow; * dsp - br liquidity fund ip (g) * icici pru money market fund (g) * hdfc liquid fund g * axis liquid fund g so in which fund we go with them to invest contingency fund which is around 1.1 lac so kindly do suggest to me asap..

Should additional mold be found, such as behind the walls that could not be seen from the initial visual inspection, monies would more likely be available to complete this health and safety item either out of the contingency fund and / or could replace a possible elective item should cost of removal become excessive.

A.M. Best arrives at this rating by examining data such as policyholder reserve funds, other investment or operating contingency funds, and miscellaneous reserves reported as liabilities on the balance sheet.

Funds the implementation of key protections for Puget Sound and shared waters such as inspectors, contingency plans and drills to test these plans.

Wardle explained that as the co-ordinator position was not part of the strategic plan and budgetary process for 2016, the first year's $ 100,000 will come from the LSUC's approximately $ 1 million contingency fund and the second year will then be included in the regular budget stream.

Outside of the United States, many countries have adopted or are considering the adoption of practices that incentivize frivolous lawsuits, such as opt - out class actions, contingency fees, and unregulated third party litigation funding, bringing U.S. - style litigation abuses to foreign shores.

He had only the usual range of suspects to offer as alternative sources of income: a contingency legal aid fund, interest on solicitors» clients accounts and legal expenses insurance.

For example, Member States take varied positions on the availability of third party litigation funding and alternative fee arrangements (such as contingency fees); and some have opt - in systems, opt - out regimes, or both.

In its current iteration, the financing contingency (NWMLS Form 22A) specifically defines «lender» as «the party funding the loan.»

Kristian Justesen, a spokesperson for Legal Aid Ontario, has indicated that contingency fee arrangements in the province allow lawyers to take on these cases as an alternative to legal aid, and that funding was often only provided for disbursements, and not for lawyers» fees.

He named a range of litigation funding options that would be available if his final report is implemented — contingency fees, a supplementary legal aid scheme, and «hopefully» a contingent legal aid fund, as well as conditional fee agreements without recoverable success fees.

Kristian Justesen, a spokesperson for Legal Aid Ontario, has indicated that contingency fee arrangements in the province allow lawyers to take on these cases as an alternative to legal aid, and that funding was often... [more]

(b) the owner developer must calculate the contribution to the contingency reserve fund required under section 12 of the Act as a percentage of the estimated annual operating expenses as set out in the interim budget for the new phase of the strata plan only;

6.11 In addition to an investment permitted under the Act, for the purposes of section 95 (2)(a) or 108 (4)(b)(i) of the Act, as applicable, a strata corporation may invest money held in the contingency reserve fund or money collected on a special levy in one or more of the following investments:

(b) if the amount of money in the contingency reserve fund at the end of any fiscal year after the first annual general meeting is equal to or greater than 25 % of the total amount budgeted for the contribution to the operating fund for the fiscal year that has just ended, additional contributions to the contingency reserve fund may be made as part of the annual budget approval process after consideration of the depreciation report, if any, obtained under section 94 of the Act.

(6) Subsection (5) does not apply to a bylaw that was filed in the land title office before July 1, 2000 to the extent that the bylaw provides for the apportionment of contributions to a contingency reserve fund as a common expense according to type of strata lot, if that type of strata lot is a type identified in the bylaws of the corporation or a section.

Currently working closely with the MOJ on substantial reforms to the legal sector including as to the introduction of contingency fee arrangements / no cure no pay agreements / referral fee ban under reforms proposed by Lord Justice Jackson / litigation funding generally.

Companies with larger customer funds (total premiums collected both from first - time buyers as well as renewals from old policies) have the muscle to manage contingencies better.

As such, these insurance plans fulfill the basic requirement of creating the planned fund which is not hampered by any unforeseen contingency.

Dear Alok ji, 1 — Make sure you maintain certain savings as Emergency fund to meet any unforeseen contingencies.

With private lender funds, you can make stronger offers with quicker closings and eliminate financing contingencies with offers just as good as cash.

Steven G. Walther, Inc. v. Taranto (16 A.D. 3d 1076) buyers procured by broker remained ready willing and able to complete the purchase pursuant to the terms of the purchase contract thereby entitling broker to its commission where purchase and sale contract addendum made the offer contingent upon the sale of buyer's existing residence; pursuant to the addendum, seller received another purchase offer, he was entitled, upon notice to the buyers, to accept the offer and cancel the contract with the buyers unless they removed the sale and transfer of title contingency within three days after receiving such notice; buyers could remove the contingency by demonstrating in writing that they had accepted a mortgage loan commitment which does not require the sale and transfer of title of their property as a condition of the mortgage loan funding; buyer complied with such requirement, even though mortgage loan commitment was subject to additional conditions not prohibited by the contract; judgment for broker.

Section 194 of SPA provides that a section has the same powers and duties as the strata corporation in matters that relate solely to the section in respect of certain enumerated matters, including establishing an operating and contingency reserve fund for common expenses of the section.

In addition to maintaining separate trust accounts, when strata fees that include contingency reserve funds or special levy payments of a section are received by the brokerage, the brokerage must transfer the portion of the fee that relates to the contingency reserve fund or special levy to the contingency reserve fund trust account or special levy trust account of the section, as the case may be, within the time period set out in section 7 - 9 (4) of the Rules.

Unlike your emergency fund, the savings account goes toward long - term personal finance goals, what Sachs categorizes as «opportunities, contingencies, and investments.»