Funding Payment. Contingent upon approval by County staff of the Municipality’s Annual Report for the funding year 2017, the County will pay the Municipality the funding amount set forth in paragraph 6.1 above for 2018. Payment will be made in one installment within 30 days of approval of the Annual Report. Municipalities with a complete Application Packet and an approved Annual Report receive 100% payment of allocated funds for eligible expenses.
Funding Payment. Dow Corning agrees, subject to the terms hereof, to make funding payments to the Settlement Facility up to a maximum aggregate amount of $3,172,000,000, subject to adjustment as described in this Agreement in order to achieve a net present value of $2,350,000,000 compounded annually as of the Effective Date after applying a discount rate of 7% per annum. In no event shall Dow Corning be required to fund (whether with Insurance Proceeds or cash) an amount in excess of a net present value of $2,350,000,000 discounted at the rate of 7% per annum to the Effective Date.
Funding Payment. (A) The Parties acknowledge that the agreements outlined in section 2.1 govern the Title V activities listed below.
Funding Payment. Per contract
Funding Payment. 4.1 The CITY will allocate $ _ to fund grant awards and another $ _ for administrative expenses related to the CITY’s Grant Program.
Funding Payment. In the event of (a) the payment of any principal of any LIBOR Loan other than on the last day of an Interest Period applicable thereto (including as a result of an Event of Default), (b) the conversion of any LIBOR Loan other than on the last day of the Interest Period applicable thereto or (c) the failure to borrow, convert, continue or prepay any Loan on the date specified in any notice delivered pursuant hereto (regardless of whether such notice may be revoked under Section 2.11(b) and is revoked in accordance therewith), then, in any such event, the Borrower shall compensate each Bank for the loss, cost and expense attributable to such event. As to any LIBOR Loan, any such loss, cost or expense shall be deemed to include (as liquidated damages, and not as a penalty) an amount determined by the Bank to be the excess, if any, of (i) the amount of interest which would have accrued on the principal amount of such LIBOR Loan had such event not occurred, at the Adjusted LIBOR Rate that would have been applicable to such Loan, for the period from the date of such event to the last day of the then-current Interest Period therefor over (ii) the amount of interest which would accrue on such principal amount for such period at the interest rate which the Bank would bid were it to bid for dollar deposits on the date of such prepayment of a comparable amount and period from other banks in the eurodollar market. The Borrower acknowledges that the Bank might not fund its portfolio(s) of loans bearing interest by reference to the Adjusted LIBO Rate, or any prepayment thereof, on a loan-by-loan basis or in such manner at all times and agrees that the foregoing is a reasonable and appropriate method of calculating liquidated damages for any such event irrespective of whether any of the foregoing transactions have in fact occurred or occurred precisely as stated with respect to the applicable Loan. All calculations and determinations by the Bank of the amounts payable pursuant to the preceding provisions or of any element thereof, if made in accordance with its then standard procedures for so calculating or determining such amounts, shall be conclusive absent manifest arithmetic error. Anything to the contrary in this Note notwithstanding, the foregoing provisions shall not apply with respect to any mandatory prepayment of LIBOR Loans on any day other than the last day of the Interest Period therefore if the Borrower elects, in its sole discretion, to deposit the amount ...
Funding Payment. Contingent upon receipt (by February 15, 2015) and approval by Department staff of the Municipality’s Annual Report for the funding year 2014, the County will pay the Municipality the funding amount set forth in paragraph 6.1 above for 2015. Payment will be made in one installment within 30 days of receipt of the Application and Annual Report receipt. Municipalities with a complete Application and an approved Annual Report receive 100% payment for eligible expenses. If the Community is to receive a LNIF, the fund allocation and the LNIF payment are combined in a single payment.
Funding Payment. A. For services under this Agreement, DAS will pay Nelnet in accordance with the following rates:
Funding Payment
