Sentences with phrase «of meeting reserve requirements»
The state's powerful natural gas producers have mounted a campaign inside ERCOT to compel wind generators to share the costs of meeting reserve requirements — the generation that has to be on hand to serve demand when wind isn't blowing — and of maintaining a stable transmission network.
https://www.scientificamerican.com/ Not exact matches
You see, back in those (relatively) halcyon days, the Fed got by with what now seems like a modest - sized balance sheet, the liabilities of which consisted mainly of circulating Federal Reserve notes, supplemented by Treasury and GSE deposit balances and by bank reserve balances only slightly greater than the small amounts needed to meet banks» legal reserve requirements.
Yet instead of enhancing the Fed's conventional powers of monetary control, the ballooning of the Fed's balance sheet has sapped those powers by making it unnecessary for banks to routinely borrow from one another in the federal funds market to meet their legal reserve requirements.
That power was originally awarded to the Fed in 2006 to allow it, starting in October 2011, to reduce banks» cost of meeting statutory reserve requirements.
The council can only meet the legal requirement to balance its budget by raiding # 3milion from its reserves while carrying out a raft of mid-year spending cuts, including cutting personal budgets for adult care users by a fifth and targeting high - cost adult care packages for reductions (appendices 4 and 5, pages 12 - 13).
Most councils are currently forecasting a deficit in 2016/17, forcing them to raid their reserves in order to meet the legal requirement to run a balanced budget at the end of the year.
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costs» means amounts substantially all of which are paid by, or for the account of, an obligor in connection with a project, including the cost of» (A) development phase activities, including planning, feasibility analysis, revenue forecasting, environmental review, permitting, preliminary engineering and design work, and other preconstruction activities;» (B) construction, reconstruction, rehabilitation, replacement, and acquisition of real property (including land relating to the project and improvements to land), environmental mitigation, construction contingencies, and acquisition of equipment; and» (C) capitalized interest necessary to meet market requirements, reasonably required reserve funds, capital issuance expenses, and other carrying costs during construction.»
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The qualification cycle used to determine if the account requirements have been met is the first day of the current statement month through the close of the current statement month; if you do not meet the requirements for three consecutive statement cycles, the bank reserves the right to convert your account to a Basic Checking account, subject to that account's associated restrictions and fees (see account details and Fee Schedule).
To meet statutory requirements (like CRR / SLR) banks have to keep certain reserves with RBI, so when percentage of reserves that banks have to keep with RBI comes down, banks may have more monies to do business, this may lead to lower loan rates.
A stated income mortgage loan is suitable for borrowers who have no verifiable income and have assets to meet minimum reserve requirements of the lender.
For example, a bank might have to borrow millions of dollars overnight to ensure that it meets federal reserve requirements.
You will see tons of hedge funds roll over and die as a result because they have no reserve requirements to meet these obligations.
But it sounds like, at least as of the time you got those numbers, you had to have met the reserve requirement even assuming zero cash.
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