Capital Expenditure Reserve Deposit

Example Definitions of "Capital Expenditure Reserve Deposit"
Capital Expenditure Reserve Deposit. Shall mean for any calendar quarter the deposit actually made by (or on behalf of) the Payee into the Capital Expenditure Account which deposit shall not exceed three percent (3.0%) of Gross Receipts for such quarter.
Found in AMERCO contract
Capital Expenditure Reserve Deposit. Shall mean for any calendar quarter the deposit actually made by (or on behalf of) the Payee Maker into the Capital Expenditure Account which [which deposit shall not exceed three percent (3.0%) of Gross Receipts for such quarter. quarter]
Found in AMERCO contract
View Variation
All Definitions