Sentences with phrase «expenditures out of the reserve»
(2) The board does not require the consent of the owners to make an expenditure out of a reserve fund.
https://www.ontario.ca/
Accommodations could gradually be accomplished by expenditures out of the reserve fund or could eventually be accomplished once enough funds had been set aside.
Not exact matches
(e) the details of expenditures out of the contingency reserve fund, including details of any unapproved expenditures under section 98 of the Act;
He provides a lot of solid advice for anyone starting out, particularly when it comes to maintaining a large reserve to handle vacancies or capital expenditures.