Auction Funds definition

Auction Funds means funds paid by the Borrower to the FCC in accordance with FCC Rules (a) to become eligible to participate in the Auction; (b) as a down payment or winning bid payment for any license for which Borrower is the Winning Bidder; (c) as an Auction related bid withdrawal payment; or (d) as an Auction related bid default payment, including but not limited to the Interim Default Payment.
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Auction Funds means funds paid by the Borrower to the FCC in accordance with FCC Rules (a) to become eligible to participate in the Auction; (b) as a down payment or winning bid payment for any license for which Borrower is the Winning Bidder or (c) as an Auction related bid withdrawal payment.
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Examples of Auction Funds in a sentence

  • Notwithstanding the paragraph above, if an Auction occurs before the Accelerated Amortization Date, and the Auction Funds would be inadequate to pay the Minimum Preference Share Redemption Price in full, then 100% of the Preference Shareholders may agree to a reduction or elimination of the Minimum Preference Share Redemption Price.

  • In any such case, the minimum funding requirements specified in the preceding paragraph would be reduced accordingly and the Auction would proceed if there are sufficient Auction Funds to pay such reduced minimum funding requirements.

  • Moreover, if the Preference Shareholders waive their right to receive any proceeds from the Auction, or if the Auction occurs after the Accelerated Amortization Date, and the Auction Funds would be insufficient to pay the Redemption Price, 100% of the aggregate outstanding amount of the affected Class or Classes of Notes may elect to receive less than 100% of their corresponding portion of the Redemption Price.

  • The depth of the buffer area may meander to a lesser or greater depth to accommodate the Project’s development plan and preservation of natural open space and scenic views.

  • The project is not expected to result in any change in annual operating expenditures.Full Project Estimate: $1,242,208 (internal) funded by Other, Spectrum Auction Funds.

  • I write because we lived together, because I was one among them, a shadow among their shadows, a body close to their bodies.

  • Over any twenty year period it is perfectly possible that a business would receive four bad/good rolls of the dice in a row.

  • Available to therapists or surgeons traveling and teaching / consulting in hand therapy in a developing country. Silent Auction Funds (funds raised at 2013 triennial congress): Supports international hand therapist faculty to attend Argentina, 2016. Evelyn Mackin Award: Sponsorship of several therapists from a developing country (GNI < $6000) to attend triennial congress.

  • Proposed Policy Proposal regarding Action Auction Funds: Following this discussion, it was generally agreed that we need in policy on what to do with action auction funds: they simply cannot languish forever in as restricted funds.

  • He encouraged all members to become national members and it was decided by the chapter to bring a guest to our next meeting.Don Bell made a motion to keep the Silent Auction Funds from the December Christmas meeting in our chapter and not send the funds to the Foresters Fund.

Related to Auction Funds

  • Levy reduction funds means increases in state funds from

  • Buydown Funds Any amount contributed by the seller of a Mortgaged Property, the Company or other source in order to enable the Mortgagor to reduce the payments required to be made from the Mortgagor's funds in the early years of a Mortgage Loan. Buydown Funds are not part of the Trust Fund prior to deposit into the Custodial or Certificate Account.

  • Contract Funds means the funds that have been appropriated, designated, encumbered, or otherwise made available for payment by the State under this Contract.

  • Construction Fund means an account specifically identified in the Indenture to hold funds which are currently available for expenditure to acquire or construct public facilities eligible under the Act.

  • Acquisition Fund means any company formed with the intent to offer securities to the public and use the proceeds to consummate one or more Business Combinations which are unspecified at the time of the securities offering.

  • Non-Fund means any corporation, business trust, partnership, trust or other entity which is not an Investment Company.

  • Project Funds means funds disbursed by the State Water Board to the Recipient for purposes of this Agreement.

  • Redemption Fund means the Redemption Fund for Refunded Notes created pursuant to Section 501 hereof.

  • Project Account means the account referred to in Section 3.04 (a) of this Agreement;

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • own funds means the sum of Tier 1 capital and Tier 2 capital;

  • Disbursement Account means, in respect of each Tranche, the bank account set out in the most recent List of Authorised Signatories and Accounts.

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Direct Account : means any Account which is not an ISA Account.

  • Administration Fund means the Administration Fund established by the Fiscal Agent pursuant to Section 4.01 hereof.

  • Principal Funding Account Investment Proceeds shall have the meaning specified in subsection 4.03(a)(ii).

  • Payment Account means a segregated non-interest-bearing corporate trust account maintained by the Property Trustee for the benefit of the Holders in which all amounts paid in respect of the Notes will be held and from which the Property Trustee, through the Paying Agent, shall make payments to the Holders in accordance with Sections 3.1, 4.1 and 4.2.

  • Disbursement Accounts has the meaning ascribed to it in Annex C.

  • Surplus funds means, at any given date, the excess of cash and other recognized assets that are expected to be resolved into cash or its equivalent in the natural course of events and with a reasonable certainty, over the liabilities and necessary reserves at the same date.

  • Principal Funds With respect to the Mortgage Loans and any Distribution Date, the sum, without duplication, of (1) the scheduled principal due during the related Due Period and received before the related Servicer Remittance Date or advanced on or before the related Servicer Remittance Date, (2) prepayments in full collected in the related Prepayment Period, (3) the Stated Principal Balance of each Mortgage Loan that was purchased by the Depositor during the related Prepayment Period or, in the case of a purchase pursuant to Section 9.01, on the Business Day prior to such Distribution Date, (4) the amount, if any, by which the aggregate unpaid principal balance of any Replacement Mortgage Loan is less than the aggregate unpaid principal of the related Deleted Mortgage Loans delivered by the Sponsor in connection with a substitution of a Mortgage Loan pursuant to Section 2.03(c), (5) all Liquidation Proceeds collected during the related Prepayment Period (to the extent such Liquidation Proceeds relate to principal and represent payment in full), (6) all Subsequent Recoveries received during the related Due Period and (7) all other collections and recoveries in respect of principal during the related Due Period, less (A) all Non-Recoverable Advances relating to principal with respect to the Mortgage Loans and (B) other amounts reimbursable (including without limitation indemnity payments) to the Servicer and the Trustee pursuant to this Agreement allocable to principal.

  • Funds means financial assets and benefits of every kind, including, but not limited to:

  • Agency Account means any deposit account opened on the books of a Subcustodian or other banking institution in accordance with Section 7.1.

  • Loss Proceeds Account has the meaning set forth in Section 3.3(a).

  • Lock-Box Account With respect to any Mortgaged Property, if applicable, any account created pursuant to any documents relating to a Mortgage Loan or Serviced Loan Combination to receive rental or other income generated by the Mortgaged Property. Any Lock-Box Account shall be beneficially owned for federal income tax purposes by the Person who is entitled to receive the reinvestment income or gain thereon in accordance with the terms and provisions of the related Mortgage Loan or Serviced Loan Combination and Section 3.07 of this Agreement, which Person shall be taxed on all reinvestment income or gain thereon.