Fundi definition

Fundi means „craftsman“ in Kiswahili and is used here as a synonym for village entrepreneur.
Sample 1
Fundi means, in relation to a Fund Sharei, the investment fund issuing that Fund Sharei or the Fundi in whose assets the Fund Sharei represents a proportional interest.
Sample 1

Examples of Fundi in a sentence

  • If you haven’t paid cash, via Fundi or a deposit and we deduct your deposit from your bank account in instalments, the deposit payment period will be included in your 2-year period granted to complete your year course registered for.

  • Should you choose to make use of the Fundi/student loan (stop order facility) or debit order and Fundi doesn’t approve of your application, you hereby give Edutel the right to deduct your course fee from your bank account.

  • However, a conflict of interest can occur in a variety of situations.

  • Qualifying items have been agreed to by Fundi and the Service Provider.

  • Fundi staff will provide the insured with all relevant documents and thereafter shall refer all completed documents to Universal Insurance Administrators to process the claim.

  • Acknowledges that if married in community of property, their spouse has given the requisite authority to enter into this Agreement and the Insurance Agreement with Fundi and Universal Insurance Administrators respectively.

  • Fundi may request that a debit order go off the Applicant’s account earlier than on the date selected.

  • Should the Applicant wish to cancel their credit life policy before the lapse of a period of 30 (thirty) days from the signature of the Policy schedule Agreement with Universal Insurance Administrators, they must present evidence of their alternative or new credit life insurance and they must make Fundi the primary beneficiary in the event of the Applicant’s death, retrenchment and disability.

  • The Applicant bears the responsibility to adhere to the Institutions de-registration/cancellation of studies’ terms and conditions and Fundi may only cancel and/or refund monies according to the institution’s de-registration/ cancellation of studies terms and conditions.

  • In respect of allegations of the infliction of torture on the territory of States Parties other than Afghanistan, it is in the interest of the victims of those crimes, and the States Parties involved, that they have a clear ruling from the Appeals Chamber as to whether the Court can exercise jurisdiction over such crimes.

Related to Fundi

  • Funding means the amounts of money provided by the LHIN to the HSP in each Funding Year of this Agreement;

  • Funding Bank shall have the meaning given to such term in Section 3.3 hereof.

  • Fundserv means the facility maintained and operated by Fundserv Inc. for electronic communication with participating companies, including the receiving of orders, order match, contracting, registrations, settlement of orders, transmission of confirmation of purchases, and the redemption of investments or instruments.

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Fund means any Person (other than a natural person) that is (or will be) engaged in making, purchasing, holding or otherwise investing in commercial loans and similar extensions of credit in the ordinary course of its business.

  • Funding Percentage means with respect to any Payment Date, the percentage derived from the fraction the numerator of which is the Pre-Funded Amount and the denominator of which is the sum of the aggregate Principal Balance of Receivables transferred to the Trust and the Pre-Funded Amount, in each case, as of the last day of the related Collection Period.

  • Funding Agent or "agents" means an investment firm, trust bank, or other financial

  • Funding Amount has the meaning specified in Section 3.2(a).

  • 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.

  • Funded Amount means, with respect to any Revolving Obligation (excluding a Synthetic Security) or Delayed Drawdown Collateral Obligation at any time, the aggregate principal amount of advances or other extensions of credit to the extent funded thereunder by the Issuer that are outstanding at such time.

  • Principal Funding Investment Proceeds means, with respect to each Transfer Date, the investment earnings on funds in the Principal Funding Account (net of investment expenses and losses) for the period from and including the immediately preceding Transfer Date to but excluding such Transfer Date.

  • Funding Office the office of the Administrative Agent specified in Section 10.2 or such other office as may be specified from time to time by the Administrative Agent as its funding office by written notice to the Borrower and the Lenders.

  • Principal Accumulation Investment Proceeds means, with respect to each Transfer Date, the investment earnings on funds in the Principal Accumulation Account (net of investment expenses and losses) for the period from and including the immediately preceding Transfer Date to but excluding such Transfer Date.

  • Failed Bank Advances means the total sums paid by the Failed Bank to (i) protect its lien position, (ii) pay ad valorem taxes and hazard insurance, and (iii) pay credit life insurance, accident and health insurance, and vendor's single interest insurance.

  • Principal Funding Account shall have the meaning specified in subsection 4.03(a)(i).

  • Funding Cycle means the period of time commencing with the Notice of Funding Availability or Notice of Credit Availability pursuant to this rule chapter and concluding with the issuance of allocations or loans to Applicants who applied during a given Application Period.

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

  • Funding Lender means Citibank N.A., a national banking association, and any successor under this Funding Loan Agreement and the Borrower Loan Documents.

  • Working Capital Lender means any Lender that has a Working Capital Commitment.

  • Spread Account Percentage means, (i) 0% if the Quarterly Excess Spread Percentage on such Payment Date is greater than or equal to 5.00%, (ii) 2.00% if the Quarterly Excess Spread Percentage on such Payment Date is less than 5.00% and greater than or equal to 4.50%, (iii) 2.50% if the Quarterly Excess Spread Percentage on such Payment Date is less than 4.50% and greater than or equal to 4.00%, (iv) 3.50% if the Quarterly Excess Spread Percentage on such Payment Date is less than 4.00% and greater than or equal to 3.50%, (v) 4.50% if the Quarterly Excess Spread Percentage on such Payment Date is less than 3.50% and greater than or equal to 3.00%, (vi) 5.50% if the Quarterly Excess Spread Percentage on such Payment Date is less than 3.00% and greater than or equal to 2.50%, (vii) 6.50% if the Quarterly Excess Spread Percentage on such Payment Date is less than 2.50% and greater than or equal to 1.50%, (viii) 7.50% if the Quarterly Excess Spread Percentage on such Payment Date is less than 1.50% and greater than or equal to 0.50% and (ix) 8.50% if the Quarterly Excess Spread Percentage on such Payment Date is less than 0.50%.

  • Principal Funds With respect to the Mortgage Loans and any Distribution Date, the sum, without duplication, of (1) the scheduled principal due during the related Due Period and received before the related Servicer Remittance Date or advanced on or before the related Servicer Remittance Date, (2) prepayments in full collected in the related Prepayment Period, (3) the Stated Principal Balance of each Mortgage Loan that was purchased by the Depositor during the related Prepayment Period or, in the case of a purchase pursuant to Section 9.01, on the Business Day prior to such Distribution Date, (4) the amount, if any, by which the aggregate unpaid principal balance of any Replacement Mortgage Loan is less than the aggregate unpaid principal of the related Deleted Mortgage Loans delivered by the Sponsor in connection with a substitution of a Mortgage Loan pursuant to Section 2.03(c), (5) all Liquidation Proceeds collected during the related Prepayment Period (to the extent such Liquidation Proceeds relate to principal and represent payment in full), (6) all Subsequent Recoveries received during the related Due Period and (7) all other collections and recoveries in respect of principal during the related Due Period, less (A) all Non-Recoverable Advances relating to principal with respect to the Mortgage Loans and (B) other amounts reimbursable (including without limitation indemnity payments) to the Servicer and the Trustee pursuant to this Agreement allocable to principal.

  • Pre-Funded Amount With respect to any date of determination, the amount on deposit in the Pre-Funding Account.

  • Excess Funding Account shall have the meaning specified in Section 4.02.

  • Funder means Ontario Health;