Discretionary Funds definition

Discretionary Funds means the miscellaneous costs and expenses which represent that portion of the U.S. Co-Promotion Budget that are used by the Sales Representatives in support of their Detailing and marketing activity for the Product.
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Discretionary Funds means the sum of (i) the aggregate amount of Waived Proceeds, plus (ii) the aggregate amount of Excluded Sale Proceeds (not to exceed $300 million), with the aggregate amount of Excluded Sale Proceeds in excess of $200 million being referred to as "Excess Excluded Sale Proceeds", plus (iii) the aggregate amount of Indebtedness incurred pursuant to Section 5.2.2(t) (not to exceed $400 million) ("Debt Basket Proceeds"), plus (or minus, if Excess Cash Flow is negative) (iv) the aggregate amount of Excess Cash Flow for each Fiscal Quarter of the Borrower commencing with the Fiscal Quarter ending December 31, 1994 which is not required by Section 3.4(a) to be utilized as a mandatory prepayment, such amount to be determined without giving effect to any prepayment reduction or waiver pursuant to clause (B) of Section 3.4(a) or Section 3.6(f) and such amount with respect to any Fiscal Quarter becoming Discretionary Funds only after the delivery of the Excess Cash Flow Schedule for such Fiscal Quarter pursuant to Section 5.1.1(b) or 5.1.1(c). As of the Second Restatement Date, the amount of Debt Basket Proceeds shall be deemed increased by $300 million without otherwise limiting the Borrower's ability to incur Indebtedness under Section 5.2.2(t), and such $300 million increase may be utilized from and after the Second Restatement Date by the Borrower as Discretionary Funds constituting Debt Basket Proceeds.
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Discretionary Funds has the meaning set forth in Section 7.24(c).
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Examples of Discretionary Funds in a sentence

  • The Purchaser and the Authorized Approver should consult the Board Discretionary Funds Policy AC – 105 and budget guidelines as necessary.

  • In the case where AB 2766 Discretionary Funds are used to pay for the full differential cost of a new alternative fuel vehicle or for the retrofitting or repowering of an existing vehicle, all MSERCs attributable to AB 2766 Discretionary Funds must be retired.

  • The MSRC has adopted a policy that no MSERCs resulting from AB 2766 Discretionary Funds may be generated and/or sold.

  • Designated Program Services reimbursed under this Agreement shall be of good quality, shall maximize the effectiveness of the Discretionary Funds awarded to them, and shall not be funded from any other public or private source.

  • Available Discretionary Funds will be paid as directed by each jurisdiction.

  • Any funds transferred from TANF are treated as Discretionary Funds for reporting on the ACF-696 (42 USC 604(d); 45 CFR section 98.54(a)).

  • The minimum size of the portfolio under the Discretionary and/ or Non- Discretionary Funds Management Service should be Rs.50 lakhs as per the current SEBI Regulations.

  • Discretionary Funds (CFDA 93.575) must be obligated by the end of the succeeding fiscal year after award, and expended by the end of the third fiscal year after award (42 USC 9858h(c); 45 CFR section 98.60).

  • Unspent Tawa Community Board Discretionary Funds are not able to be carried over to a future financial year.

  • Contractor will notify the Department of any injury to any participant, employee, volunteer, officer, visitor, or any other person which occurs in connection with the Designated Program Services and of any damage to the program site or any damage to or theft of equipment purchased with Discretionary Funds.


More Definitions of Discretionary Funds

Discretionary Funds means funds managed in-house by the manager, where the manager has substantial input in the investment management process and/or authority to make investment decisions;
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Discretionary Funds means any QEFAF funds which are not included in the available appropriation amount, or which are returned or recouped from a Qualified Agency under Section R990-101-9.
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Discretionary Funds means those funds obtained by the Agency for its performance of services for a fee or from revenue from any other source that does not require the use of such revenue for a particular purpose. Funds passed through to the Agency, or appropriated or passed through to any other agency which, in turn, passes them through to the Agency, for the administrative purposes of a particular program will be considered Discretionary Funds if, although restricted to the purposes of such Program, are nonetheless available for the Agency’s use as it sees fit consistent with the Program’s purpose.
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Discretionary Funds means that portion of the Net Proceeds of any Debt Issuance or Equity Issuance or, after the Available Cash Condition has been satisfied, of Excess Cash Flow in respect of any Semi-Annual Period ending on or after December 31, 2001, which is not required to be applied to Reductions of the Facilities; provided, however, that the Net Proceeds of any Prepayment Event and any portion of Excess Cash Flow in respect of any Semi-Annual Period shall constitute Discretionary Funds only to the extent that they represent the Borrowers' Portion of aggregate Net Proceeds or Excess Cash Flow in respect of which the Lenders' Portion has in fact been applied to Reductions of the Facilities pursuant to Section 2.10(c) or (d) (and to the extent that, as a result of the condition set forth in Section 2.10(e), the Lenders Portion of any such Net Proceeds or Excess Cash Flow is not required to be and is in fact not applied to Reductions, no portion of such Net Proceeds or Excess Cash Flow will constitute Discretionary Funds). For purposes of the foregoing, (x) the Borrowers' Portion of (i) Net Proceeds of Debt Issuances shall be 25%, (ii) Net Proceeds of Equity Issuances shall be 50% and (iii) Excess Cash Flow (but only after the Available Cash Condition is met) shall be 25% and (y) the Lenders' Portion of any such Net Proceeds or Excess Cash shall be a percentage equal to 100% minus the applicable Borrowers' Portion.
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Discretionary Funds means the sum of (i) the aggregate amount of Waived Proceeds, PLUS (ii) the aggregate amount of Excluded Sale Proceeds (not to exceed $300 million), with the aggregate amount of Excluded Sale Proceeds in excess of $200 million being referred to as "EXCESS EXCLUDED SALE PROCEEDS", PLUS (iii) the aggregate amount of Indebtedness incurred pursuant to SECTION 5.2.2(t) (not to exceed $400 million) ("DEBT BASKET PROCEEDS"), PLUS (iv) the aggregate amount of Excess Cash Flow for each Fiscal Quarter of the Borrower commencing with the Fiscal Quarter ending December 31, 1994 which is not required by SECTION 3.4(a) to be utilized as a mandatory prepayment, such amount to be determined without giving effect to any prepayment reduction or waiver pursuant to clause (B) of SECTION 3.4(a) or SECTION 3.6(f) and such amount with respect to any Fiscal Quarter becoming Discretionary Funds only after the delivery of the Excess Cash Flow Schedule for such Fiscal Quarter pursuant to SECTION 5.1.1(b) or 5.1.1(c). As of the Restatement Date, the amount of Debt Basket Proceeds shall be deemed increased by $300 million without otherwise limiting the Borrower's ability to incur Indebtedness under SECTION 5.2.2(t), and such $300 million increase may be utilized from and after the Restatement Date by the Borrower as Discretionary Funds constituting Debt Basket Proceeds.
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Discretionary Funds means funds available for use by the
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Related to Discretionary Funds

  • Discretionary Account means a Personal Account in which you have completely turned over decision-making authority to a professional money manager (who is not a Family Member or not otherwise covered by this Code) and you have no direct or indirect influence or control over the account. (Such Discretionary Accounts are often referred to as “professionally managed,” “controlled” or “managed” accounts.)

  • Discretionary Contribution means the contribution made by the Employer on behalf of a Participant as described in Section 4.4(b).

  • discretionary use means the use of land or a building provided for in this Bylaw for which a development permit may be issued upon an application having been made;

  • Discretionary Assets means (i) securities that, if distributed, would be required to be registered under the Securities Act of 1933, as amended; (ii) securities issued by entities in countries that (A) restrict or prohibit the holding of securities by non-nationals other than through qualified investment vehicles, or (B) permit transfers of ownership of securities to be effected only by transactions conducted on a local stock exchange; and (iii) any assets that, although they may be liquid and marketable, must be traded through the marketplace or with the counterparty to the transaction in order to effect a change in beneficial ownership."

  • Discretionary Sale The meaning specified in Section 2.14(c).

  • Employer Contribution Account means, for any Participant, the account established by the Administrator or Trustee to which Employer Contributions made under Section 3.5 for the Participant's benefit are credited.

  • Employer Account The Participant's Matching 401(k) Contributions Account, Matching Thrift Contributions Account, Employer Contributions Account, Qualified Matching Contributions Account and Qualified Nonelective Contributions Account, as the case may be.

  • Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.

  • Administrative fund means that Fund established by Section 6.1 and administered pursuant to Section 6.9.

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

  • Program Funds means all funds that are required to be deposited into the Non-profit School Food Service Account.

  • Participating Account a separate account investing all or a portion of its assets in the Trust, including the Account.

  • Subsidy Funds With respect to any Subsidy Loans, funds contributed by the employer of a Mortgagor in order to reduce the payments required from the Mortgagor for a specified period in specified amounts.

  • Employer Matching Contributions means the Employer matching contributions made to the Trust Fund pursuant to Article V (Employer Matching Contributions).

  • Elective Deferral Account means the account established hereunder to which Elective Deferrals (including a separate accounting for Catch-Up Contributions) are allocated. Amounts in the Participant's Elective Deferral Account are nonforfeitable when made and are subject to the distribution restrictions of Section 12.2(e). The Elective Deferral Account may consist of the

  • Rollover Account means the account established hereunder to which amounts transferred from a qualified plan or individual retirement account in accordance with Section 4.6 are allocated.

  • Matching Account means the account maintained on the books of the Employer for the purpose of accounting for the Matching Amount and for the amount of investment return credited thereto for each Participant pursuant to Article V.

  • Rollover Contribution Account means the separate Account maintained for a Member to record such Member's share of the Trust Fund attributable to any Rollover Contribution made to the Plan on his behalf.

  • Program fund means the program fund established under section 12D.4.

  • Deferral Account means the Company's accounting of the Director's accumulated Deferrals plus accrued interest.

  • Company Matching Account means (i) the sum of all of a Participant's Annual Company Matching Amounts, plus (ii) amounts credited in accordance with all the applicable crediting provisions of this Plan that relate to the Participant's Company Matching Account, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant's Company Matching Account.

  • Participant Contributions means contributions made by the Participant pursuant to an executed Pay Reduction Agreement subject to the Participant Contribution limits contained in Article III.

  • Designated Disbursement Account means the account of the Borrower maintained with the Administrative Agent or its Affiliate and designated in writing to the Administrative Agent as the Borrower’s Designated Disbursement Account (or such other account as the Borrower and the Administrative Agent may otherwise agree).

  • Employer Contributions means all amounts paid into ASRS by an

  • Investment Funds means all monies and financial resources available for investment by the Authority, other than proceeds of bonds issued by the Authority.

  • Employer Contribution means the amount paid by an employer, as determined by the employer rate, including the normal and deficiency rates, contributions, and funds wherever used in this chapter.