Ongoing Funding Sample Clauses

Ongoing Funding. During any Dividend Restriction Period that occurs before the Termination Date, an FHLBank shall continue to allocate its Regular Contribution Percentage (or when, and if required under subsection II.B.4 below, its Special Contribution Percentage) to its Restricted Retained Earnings.
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Ongoing Funding. (a) the appropriate Notice of Borrowing will have been delivered in accordance with the notice provisions provided in Section 4.2;
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Ongoing Funding. The Parties will negotiate ongoing funding arrangements to support the work described in section 6.1 at least six months before the term expires.
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Ongoing Funding. The Company may, but shall have no obligation to, make additional contributions to the Trust from time to time, except that upon a Change in Control the Company shall be obligated to immediately, without notice or demand, contribute cash to the Trust in an amount equal to the Trust Amount. If the Trustee has not received payment of the Trust Amount in immediately available funds by 10:30 a.m. Eastern Standard or Daylight Savings Time (whichever is prevailing in Philadelphia, Pennsylvania) on the day on which the Change in Control of the Company occurs, the Trustee shall immediately draw the entire amount covered by any Letter of Credit and/or make a written demand for contribution to the Trust of any Company Stock reserved under a Company Stock Agreement addressed to the Board of Directors and chief executive officer of the Company, with a copy thereof to the Participant Representatives and the transfer agent and registrar for the Company Stock. In addition, if at any time the Company calculates the "Current Plan Termination Liability" and the amount equal to 200% of the Current Plan Termination Liability as so calculated is certified by the "Trust Actuary," as defined in Article V hereof, to be less than the Trust Amount, such amount shall constitute the new Trust Amount thereafter required to be maintained in the Trust Fund. Upon receipt, prior to a Change in Control of the Company, by the Trustee of a written direction from the Company to reduce any Letter of Credit then held in the Trust accompanied by the Trust Actuary's certification of the new Trust Amount, the Trustee shall give notice to the issuing bank under the Letter of Credit to reduce the amount payable under such Letter of Credit to the amount of the new Trust Amount.
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Ongoing Funding. GIRSA and Uniroyal shall be equally responsible for funds (other than those provided for in Sections 1.03 and 1.04 of this Agreement) required by the Joint Venture Companies from time to time. GIRSA and Uniroyal shall discuss and, agree upon the method by which additional funds required by the Joint Venture Companies shall be raised. Such funds may be provided in the form of loans directly from GIRSA and Uniroyal, from related or unrelated third parties or other funding methods as GIRSA and Uniroyal may agree. If GIRSA and Uniroyal are unable to agree on the adoption of some other method for raising funds required by a Joint Venture Company or Companies, GIRSA and Uniroyal shall lend or shall cause an affiliated party to lend to the entity requiring such funds one behalf of the amount so required at a rate of interest to be agreed upon by the parties at that time.
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Ongoing Funding. 1. Calculation of 2016-47 Funding Amount
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Related to Ongoing Funding

  • On-Going Funding 4.2.1 For the current term the Boards agree to contribute funds to support the Trust as follows:

  • Training Fund Employers and/or individuals who manage, operate, assist or own, either partially or wholly, a company or companies working non-union in the construction industry on Mainland Nova Scotia within the craft jurisdiction of xxx Xxxxxxxxxx Local 83 shall not be eligible to be appointed to serve, or to continue to serve, as trustees on any trust fund referred to within this Collective Agreement. This provision shall apply to management trustees and union trustees alike.

  • Sinking Funds Unless specified on the face hereof, this Note will not be subject to, or entitled to the benefit of, any sinking fund.

  • Sinking Fund The provisions of Sections 3.04, 3.05 and 3.06 shall be applicable to any sinking fund for the retirement of Securities of a series, except as otherwise specified as contemplated by Section 2.01 for Securities of such series. The minimum amount of any sinking fund payment provided for by the terms of Securities of any series is herein referred to as a “mandatory sinking fund payment,” and any payment in excess of such minimum amount provided for by the terms of Securities of any series is herein referred to as an “optional sinking fund payment”. If provided for by the terms of Securities of any series, the cash amount of any sinking fund payment may be subject to reduction as provided in Section 3.05. Each sinking fund payment shall be applied to the redemption of Securities of any series as provided for by the terms of Securities of such series.

  • Program Funding Upon entry into force of this Compact in accordance with Section 7.3, MCC will grant to the Government, under the terms of this Compact, an amount not to exceed Four Hundred Xxxxx-Xxxx Xxxxxxx Xxxx Xxxxxxx Xxxxxxxx Xxxxxx Xxxxxx Dollars (US$459,500,000) (“Program Funding”) for use by the Government to implement the Program. The allocation of Program Funding is generally described in Annex II.

  • Research Funding Alnylam will fund 100% of the costs of conducting the Research Program in accordance with the Research Plan (collectively, the “Research Costs”) to the extent that such Research Costs are incurred under the Budget, including without limitation FTEs (whether employed by Isis or Alnylam) plus any out-of-pocket expenses specified in the Research Plan. By [***], 2009 with respect to the second Calendar Quarter of 2009 and thereafter within [***] Days following [***] each Calendar Quarter, Alnylam will pay Isis [***] for the Alnylam-funded Isis FTEs assigned to the Research Program for such Calendar Quarter (a prorated amount shall be payable for any portion of a Calendar Quarter). With respect to any work to be performed in support of the Research Program during the [***] days following the Restatement Date, if the Parties have not agreed on an initial Research Plan, then Alnylam will make [***] payments for such work based on [***] Isis FTEs. No later than [***] days following the end of each Calendar Quarter, Isis will provide Alnylam with a report of the number of FTEs actually assigned to the Research Program with a summary of the FTEs who performed under the Research Program (“Actual FTE Costs”) and a reasonably detailed accounting of all other Research Costs actually incurred by Isis during such Calendar Quarter (“Actual External Costs”). Alnylam shall not be responsible for any Research Costs incurred by Isis that exceed the [***] amount in the Budget for the work specified in the Research Plan to be conducted by Isis (“Excess Amount”), unless the RMC approves an amendment to the Budget to include such Excess Amount. Similarly, (i) Alnylam will promptly provide Isis a summary of the Alnylam FTEs who performed under the Research Program for a given Calendar Quarter and a reasonably detailed accounting of all other Research Costs actually incurred by Alnylam during such Calendar Quarter, and (ii) Research Costs incurred by Alnylam that exceed the total amount in the Budget for the work specified in the Research Plan to be conducted by Alnylam will not reduce the amounts committed in the Budget to fund Isis’ Research Costs. In addition, upon reasonable request, each Party shall provide the other Party with reasonable documentation of Research Costs incurred by such Party during the Research Term and shall grant the other Party reasonable audit rights consistent with the terms set forth in Section 9.3 in connection with such Research Costs.

  • Matching Funds The Recipient shall, at a minimum, contribute not less than twenty-five percent (25%) of the total Cost of Project as set forth in Appendix D of this Agreement. The Matching Funds shall be for the sole and express purpose of paying or reimbursing the costs certified to the OPWC under this Agreement. In the event that the total actual Project costs exceed the estimated Cost of Project identified in Appendix D, the OPWC shall not be required to increase the maximum amount of the grant provided herein and the Recipient shall increase its Matching Funds to meet such actual Cost of Project.

  • Compensation to the Master Servicer The Master Servicer shall be entitled to receive a monthly fee equal to the Master Servicing Fee, as compensation for services rendered by the Master Servicer under this Agreement. The Master Servicer also will be entitled to any late reporting fees paid by a Servicer pursuant to its Servicing Agreement, any investment income on funds on deposit in the Certificate Account and any Liquidation Profits to which a Servicer is not entitled under its Servicing Agreement.

  • REMIC Administrator: Residential Funding Corporation If Residential Funding Corporation is found by a court of competent jurisdiction to no longer be able to fulfill its obligations as REMIC Administrator under this Agreement the Master Servicer or Trustee acting as Master Servicer shall appoint a successor REMIC Administrator, subject to assumption of the REMIC Administrator obligations under this Agreement.

  • Compensation for the Master Servicer The Master Servicer will be entitled to all income and gain realized from any investment of funds in the Distribution Account and the Master Servicer Collection Account, pursuant to Article IV, for the performance of its activities hereunder. Servicing compensation in the form of assumption fees, if any, late payment charges, as collected, if any, or otherwise (but not including any prepayment premium or penalty) shall be retained by the applicable Servicer and shall not be deposited in the Protected Account. The Master Servicer shall be required to pay all expenses incurred by it in connection with its activities hereunder and shall not be entitled to reimbursement therefor except as provided in this Agreement.

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