Funded Transaction definition

Funded Transaction and "Stock Loan" as defined in the UK Facility Agreement shall have the same meanings in this Master Guarantee as in the UK Facility Agreement.
Funded Transaction means where we agree (in our sole discretion) either immediately or on acceptance of the Documents by the Issuing Bank to finance and make a prepayment to you of an amount up to the maximum amount specified under an Export Credit to which we have added our Confirmation or Independent Undertaking to.

Examples of Funded Transaction in a sentence

  • The parties agree that, in respect of any calendar month, the parties may only enter into one or more Transactions hereunder and/or may only carry out one or more Upsizes (as defined in the General Terms Confirmation) in respect of one or more Funded Transactions hereunder (the entering into of a Funded Transaction or the occurrence of an Upsize each, an "Activity") if Activities have not already occurred on two separate Business Days in such calendar month.

  • The purpose of the ‘call for action’ is to gain commitment from communities, Government, business, ‘not for profit’ and other sectors to develop actions to improve the prospects and quality of life of children and young people across Auckland.

  • In the event of any inconsistency between (i) the Master Agreement, (ii) the Credit Derivatives Definitions,(iii) this Master Confirmation Agreement, (iv) the General Terms Confirmation and (v) a Transaction Supplement, the latter stated document in the above list shall govern for purposes of the relevant Funded Transaction.

  • The parties intend to enter into separate Credit Derivative Transactions with respect to the Reference Portfolio, each of which will be linked for the Investment Advisor Agreement (each a "Transaction") , some of which will be documented under this Master Confirmation Agreement (each such Transaction, a "Funded Transaction").

  • In respect of each Funded Transaction in respect of which "Contingent Payment" is specified as being applicable in the relevant Transaction Supplement, the Seller shall make the single, aggregate payments in respect of all such "Contingent Payment" Transactions, as described in clauses (a), (d),(e) and (f) below, and Buyer shall make payments in respect of each relevant Funded Transaction as described in clauses (b) and (c) below.

  • If Funds for Closing, please confirm with your assigned Closer at Sherman & Phalen LLC OR your Lender if handling a Lender Funded Transaction.

  • Conditional Amount: In respect of each Funded Transaction for which “ContingentPayment” is specified to be applicable in the relevant Transaction Supplement and for each Conditional Amount Payment Date, an amount equal to the product of (a) the Remaining Tranche Notional Amount on such date and (b) the Conditional Percentage applicable to such date, as specified in the relevant Transaction Supplement.

  • On each Fixed Rate Payer Payment Date falling in June in each year (a "Conditional Amount Payment Date"), Buyer will deposit, in respect of each Funded Transaction, an amount equal to the Conditional Amount into the Conditional Amount Account.

Related to Funded Transaction

  • Bundled transaction means the purchase of 2 or more distinct and identifiable products, except real property and services to real property, where the products are sold for a single nonitemized price. A bundled transaction does not include the sale of any products in which the sales price varies, or is negotiable, based on the selection by the purchaser of the products included in the transaction. As used in this subdivision:

  • Excluded Transaction means any transaction in which assets are transferred to: (A) a shareholder of the Company (determined immediately before the asset transfer) in exchange for or with respect to its stock; (B) an entity, fifty percent (50%) or more of the total value or voting power of which is owned, directly or indirectly, by the Company (determined after the asset transfer); (C) a Person, or more than one Person Acting as a Group, that owns, directly or indirectly, fifty percent (50%) or more of the total value or voting power of all the outstanding stock of the Company (determined after the asset transfer); or (D) an entity at least fifty percent (50%) of the total value or voting power of which is owned, directly or indirectly, by a Person described in clause (C) (determined after the asset transfer).

  • Required Transaction means any transaction involving a Swap that is subject to the trade execution requirement of Section 2(h)(8) of the Act.

  • Failed Transactions is the set of all requests within Total Transaction Attempts that do not return a Success Code within 30 seconds from Microsoft’s receipt of the request.

  • Excluded Transactions means:

  • Approved Transaction means any transaction in which the Board (or, if approval of the Board is not required as a matter of law, the stockholders of the Company) shall approve (i) any consolidation or merger of the Company, or binding share exchange, pursuant to which shares of Common Stock of the Company would be changed or converted into or exchanged for cash, securities, or other property, other than any such transaction in which the common stockholders of the Company immediately prior to such transaction have the same proportionate ownership of the Common Stock of, and voting power with respect to, the surviving corporation immediately after such transaction, (ii) any merger, consolidation or binding share exchange to which the Company is a party as a result of which the Persons who are common stockholders of the Company immediately prior thereto have less than a majority of the combined voting power of the outstanding capital stock of the Company ordinarily (and apart from the rights accruing under special circumstances) having the right to vote in the election of directors immediately following such merger, consolidation or binding share exchange, (iii) the adoption of any plan or proposal for the liquidation or dissolution of the Company, or (iv) any sale, lease, exchange or other transfer (in one transaction or a series of related transactions) of all, or substantially all, of the assets of the Company.

  • Specified Transactions means (a) any Specified Disposition, (b) any Permitted Acquisition and (c) the Transactions.

  • Qualified Transaction means (a) any sale or other transfer of, or any release of Liens relating to, any Accounts or any books or records relating thereto, so long as (i) the Borrower delivers to the Agent (A) at least five Business Days prior to the proposed closing date of such transaction, a draft Borrowing Base Certificate prepared on a pro forma basis after giving effect to such transaction and (B) on the closing date of such transaction, a final Borrowing Base Certificate prepared on a pro forma basis after giving effect to such transaction and (ii) if the aggregate Credit Exposures of all Lenders exceeds the Borrowing Base in effect on the closing date of such transaction after giving effect thereto, the Borrower prepays Loans and pays cash to the Agent as required by Section 2.10(c) or (b) any other sale or other transfer of, or any other release of Liens relating to, any Accounts or any books or records relating thereto, so long as (i) the aggregate consideration received with respect to the transaction pursuant to which such Accounts are sold or otherwise transferred does not exceed $10,000,000 and (ii) the aggregate book value of Eligible Accounts sold or otherwise transferred pursuant to such transaction does not exceed $1,000,000; provided that no Accounts sold or transferred pursuant to the foregoing clause (a) or (b) shall be used in any securitization, factoring or similar financing program of the Borrower or any of its Subsidiaries.

  • SPAC Transaction means a transaction or series of related transactions by merger, consolidation, share exchange or otherwise of the Company with a publicly traded “special purpose acquisition company” or its subsidiary (collectively, a “SPAC”), immediately following the consummation of which the common stock or share capital of the SPAC or its successor entity is listed on the Nasdaq Stock Market, the New York Stock Exchange or another exchange or marketplace approved by the Board of Directors, including a majority of the Preferred Directors.

  • Specified Transaction will have the meaning specified in Section 14 of this Agreement.

  • Roll-Up Transaction means a transaction involving the acquisition, merger, conversion or consolidation either directly or indirectly of the Company and the issuance of securities of a Roll-Up Entity to the Shareholders. Such term does not include:

  • M&A Transaction means (i) the consolidation of the Company with, or a merger with or into, any third party, following which the Company’s stockholders immediately prior to such transaction, will own less than 50.1% of the surviving entity or the Company, as applicable, immediately following such transaction, or (ii) an acquisition or other transfer of all or substantially all of the Company’s securities or assets.

  • Post-Transaction Period means, with respect to any Specified Transaction, the period beginning on the date such Specified Transaction is consummated and ending on the last day of the eighth full consecutive fiscal quarter immediately following the date on which such Specified Transaction is consummated.

  • Termination Transaction has the meaning set forth in Section 11.2.B hereof.

  • Designated Transaction means a Transaction which fulfils the following requirements:

  • Void Transaction means any transaction wherein the transaction has taken place but has been cancelled /rejected /unsuccessful by the Alliance Partner.

  • Permitted Transaction means any transaction involving (i) a Swap that is not a Required Transaction or (ii) a Required Transaction that is a component of a Covered Package Transaction.

  • Sale Transaction has the meaning set forth in Section 3(a).

  • Acquisition Transaction means any transaction or series of transactions involving:

  • Terminated Transactions means with respect to any Early Termination Date (a) if resulting from a Termination Event, all Affected Transactions and (b) if resulting from an Event of Default, all Transactions (in either case) in effect immediately before the effectiveness of the notice designating that Early Termination Date (or, if "Automatic Early Termination" applies, immediately before that Early Termination Date).

  • Covered Transaction means a transaction that uses any funds under this award and that is a contract, memorandum of understanding, cooperative agreement, grant, loan, or loan guarantee.

  • Terminated Transaction means the Transaction terminated in accordance with Section 5.2 of this Agreement.

  • Restructuring Transaction means a tax free distribution under section 355 of the internal revenue code and includes tax free transactions under section 355 of the internal revenue code that are commonly referred to as spin offs, split ups, split offs, or type D reorganizations.

  • Pawn transaction means the same as that term is defined in Section 13-32a-102.

  • Significant Transaction means a transaction which meets any one of the tests below:

  • Subsequent Transaction has the meaning set forth in Section 1.08.