Funding Amount definition

Funding Amount means an amount not to exceed Fifty Thousand Dollars ($50,000.00) of tax increment finance revenues to be used for paying the costs associated with the construction, equipping, inspection, and delivery of the Local Public Improvements.

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

Funding Amount has the meaning set forth in Section 2.1(a).

Examples of Funding Amount in a sentence

Notwithstanding any other provision set forth in this Agreement, the maximum liability of the Company under or relating to this Agreement to the extent relating to or arising out of any breach of the representations and warranties expressly set forth in this Agreement shall, with respect to any Placement, in no event exceed the aggregate Funding Amount paid by the Investor for the Placement Shares pursuant to this Agreement.
On the terms of this Agreement and subject to the satisfaction (or, to the extent permitted by applicable Law, waiver by the party entitled to the benefit thereof) of the conditions set forth in Article 6, the Investor shall purchase and acquire from the Company, and the Company shall issue, sell and deliver to the Investor, upon the Investor’s payment of the Funding Amount, the Placement Shares (such purchase and issuance, the “Placement”).

More Definitions of Funding Amount

Funding Amount means the aggregate amount, as listed on a Funding Statement, of all Loan Proceeds to be disbursed by Bank to Borrowers through Company’s Disbursement Account on each Funding Date and the related Origination Fees.

Funding Amount means the actual amount of funding for the Project determined in accordance with clause 5.1;

Funding Amount has the meaning set forth in Section 2.4(a)(iv).

Funding Amount means, in respect of any Investor, the amount identified as such on the signature page hereto executed by such Investor.

Funding Amount means, with respect to any Revolving Borrowing or Revolving Facility LC Issuance, such Lender’s pro rata share of such Revolving Borrowing or Revolving Facility LC Issuance based upon such Lender’s applicable Funding Percentage in effect at the time such Revolving Borrowing is to be made or of such Revolving Facility LC Issuance.

Funding Amount. Not applicable.

Funding Amount means, in respect of an Interest Period, the product of (i) the sum of each of the Calculation Period Funding Amounts in respect of that Interest Period’s Relevant Calculation Periods and (ii) the Shortfall Ratio in respect of that Interest Period.