Closing fund definition

Closing fund or "deal closing fund" means the fund within the West Virginia Department of Economic Development established under the provisions of §5B-2-1 et seq. of this code.
Closing fund means the Urban Redevelopment Agency of the City of Decatur Closing Fund created in Section 401 of this Parity Bond Resolution.
Closing fund or "deal closing fund" means the fund within the West Virginia

Examples of Closing fund in a sentence

  • In the event the Managing General Partner chooses not to transfer its interest to Citi within a specified period of time, it will be obligated to reimburse Citi for its share of equity paid at Closing, fund the remaining 50.9979% of equity due to the Partnership and will continue to benefit from its allocated share of tax credits, profits and losses.

  • Select the name of this field and the new recognition result will be assigned to that field.

  • In the event the amount of the Deficiency exceeds the Aggregate Closing Purchase Price, Seller shall, at Closing, fund into the Tax Escrow an amount which equals the difference between the Deficiency and the Aggregate Closing Purchase Price or such greater amount as may be required by the Division.

  • Closing fund balance is nil.esignated Funds: There is a designated fund of £75,000 to provide initial funding for the acquisition of aproperty to replace the current Day Centre.

  • Provided a given Project is approved by the Buyer, and subject to the satisfaction of the terms and conditions of this Agreement, the Buyer shall, at a Closing, fund only up to sixty-five (65%) of the total costs for such Project as shown on the Approved Budget.

  • Other Evaluations An evaluation of Florida’s Quick Action Closing fund in 2020 found the program to return $0.84 for every dollar spent by the state.14 The evaluation noted the program’s practice of allocating funds to projects, but paying them as project performance milestones are met, (similar to Oklahoma’s QACF) negatively impacts the state’s return on investment.

  • Manufacturing number (MFG No.) Please refer to the lateral specifications labels (the figure shows an example.) on the side.

  • Economic Impact Breakeven The Quick Action Closing fund program paid $10.9 million in awards from 2018-2022.

  • Closing fund balances presented in the SOFA must agree with the equivalent totals in the Balance Sheet.


More Definitions of Closing fund

Closing fund means the special trust fund created in Section 4.07 of this Indenture.

Related to Closing fund

  • Closing Securities shall have the meaning ascribed to such term in Section 2.1(a)(ii).

  • Closing Agent means the attorney, real estate firm, or closing company that is closing the cash sale qualifying purchase transaction and that prepares the cash sale settlement statement.

  • Closing Purchase Price shall have the meaning ascribed to such term in Section 2.1(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Closing Fee has the meaning set forth in Section 2.09(c).

  • Closing Consideration shall have the meaning set forth in Section 2.1(b).

  • Closing Fees means those fees required to be paid on the Closing Date pursuant to the Fee Letter.

  • Closing Escrow Agreement means the Closing Escrow Agreement, dated as of the date hereof, between the Company, Xxxx Capital Partners, LLC and the escrow agent (the “Escrow Agent”) identified therein, in the form of Exhibit B hereto.

  • Closing Payment has the meaning set forth in Section 2.2(a).

  • Pre-Closing Straddle Period means the portion of a Straddle Period ending on the Closing Date.

  • Closing Date Purchase Price shall have the meaning set forth in Section 2.1 hereof.

  • Purchase Price Allocation has the meaning set forth in Section 2.6(a).

  • Purchaser’s Counsel means Xxxxxx Xxxxxx Xxxxxxx LLP.

  • Outside Closing Date means the date which is 365 days after the earlier of the Firm Closing Date; or Second Tentative Closing Date; or such other date as may be mutually agreed upon in accordance with section 4. “Property” or “home” means the home including lands being acquired by the Purchaser from the Vendor. “Purchaser’s Termination Period” means the 30-day period during which the Purchaser may terminate the Purchase Agreement for delay, in accordance with paragraph 10(b).

  • Closing Stock Price means the Stock Price as of the last day of any Performance Measurement Period.

  • First Closing has the meaning set forth in Section 2.1(a).

  • Post-Closing Straddle Period means the portion of a Straddle Period beginning the day after the Closing Date.

  • Closing Notice Has the meaning specified in the NPA. Company: Has the meaning specified in the first paragraph of this Trust Supplement.

  • Closing Warrants shall have the meaning ascribed to such term in Section 2.1(a)(ii).

  • Final Closing Working Capital has the meaning set forth in Section 2.5(d).

  • Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).

  • Closing Working Capital means: (a) the Current Assets of the Company, less (b) the Current Liabilities of the Company, determined as of the close of business on the Closing Date.

  • Closing Debt means the aggregate amount of all Debt of the Company as of the close of business on the day immediately preceding the Closing Date.

  • First Closing Date shall refer to the time and date of delivery of certificates for the Firm Shares and such Optional Shares). Any such time and date of delivery, if subsequent to the First Closing Date, is called an “Option Closing Date,” shall be determined by the Representatives and shall not be earlier than three or later than five full business days after delivery of such notice of exercise. If any Optional Shares are to be purchased, each Underwriter agrees, severally and not jointly, to purchase the number of Optional Shares (subject to such adjustments to eliminate fractional shares as the Representatives may determine) that bears the same proportion to the total number of Optional Shares to be purchased as the number of Firm Shares set forth on Schedule A opposite the name of such Underwriter bears to the total number of Firm Shares. The Representatives may cancel the option at any time prior to its expiration by giving written notice of such cancellation to the Company.

  • Seller's Closing Certificate means the certificate of Seller in the form of Exhibit C attached hereto.

  • Closing means the closing of the purchase and sale of the Securities pursuant to Section 2.1.

  • Purchase Price Adjustment Escrow Amount means $500,000.