Current Disposition definition
Examples of Current Disposition in a sentence
On the Initial Settlement Date of each Current Disposition, the Borrowers shall, first, prepay Swingline Loans, second, repay outstanding reimbursement obligations in respect of LC Disbursements and third, prepay Revolving Credit Loans in an aggregate amount equal to the lower of (A) the amount of the Adjusted Net Available Proceeds of such Current Disposition and (B) the aggregate amount of the Revolving Credit Commitments in effect on such Initial Settlement Date.
On the Initial Settlement Date of each Current Disposition, (A) the Revolving Credit Commitments shall be reduced automatically and temporarily in an amount equal to the applicable Temporary Commitment Reduction Amount and (B) the Borrowers shall, pursuant to Section 2.10(b)(vi) (assuming all Term Loans were paid in full), prepay the Loans and/or provide cover for LC Exposure as specified in Section 2.05(k).
Validated Ref Code Category Sub Category VT specific - Application or Module Requirement Description "The system shall…" Current Disposition Comments Requirement Type Deferred to Jan 2014 Deferred to June 2014 PPRFP- 069 Financial Manage ment Issuer Premium Processor Reconcile premiums, APTCs, Federal CSRs, State CSRs, and state premium subsidy/(ies).
Validated Interface Ref Code Category Sub Category VT specific - Application or Module Requirement Description "The system shall…" Current Disposition Comments Requirement Type Deferred to Jan 2014 Deferred to June 2014 New- 150 Fed APTCs and CSRs Premium Processor Perform monthly reconcilliation of Federal APTC payments made to Issuers against Exchange data, at the individual level.
It being understood that, subject to the terms and conditions hereof (including Sections 2.01, 2.03 and 5.02), the Borrowers may make a Special Borrowing on the Final Settlement Date of any Current Disposition for the permitted purposes of Special Borrowings, including prepayment of Term Loans.
Validated Ref Code Category Sub Category VT specific - Application or Module Requirement Description "The system shall…" Current Disposition Comments Requirement Type Deferred to Jan 2014 Deferred to June 2014 New- 028 Financial Manage ment State Premium Subsidy and CSR Premium Processor Collect State CSR payment from State and transmit to Issuer Validated New- 029 Financial Manage ment State Premium Subsidy and CSR Premium Processor Confirm receipt by Issuer of State Premium Subsidy payment.
Validated Ref Code Category Sub Category VT specific - Application or Module Requirement Description "The system shall…" Current Disposition Comments Requirement Type Deferred to Jan 2014 Deferred to June 2014 New- 014 Financial Manage ment Premium Processor The Premium Processor shall provide financial data to the Exchange to support analytics and reporting.