Base Fund definition
Examples of Base Fund in a sentence
Class Counsel Fees in the amount of $426,064.50 (30% of the Base Fund and Economic Loss Fund) plus applicable taxes of $63,909.68, for a total of $489,974.18, are approved as fair and reasonable and shall be paid to Class Counsel in accordance with the terms of the Settlement Agreement.
The COMESA Infrastructure Fund will be made up of two different funds, namely, the Base Fund and the General Fund.
The Base Fund would be a fund holding contributions from participating member states of the COMESA and the General Fund would hold contributions from donor and other financing agencies, and would be the fund leveraged by the Base Fund.
Moreover, there was general consensus that both the Base Fund and the General Fund be determined using proportional voting.