Funding levy definition

Funding levy means the minimum price funding levy
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Funding levy means the levy required to be paid by 10
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Funding levy means the minimum price funding levy imposed by section 37 of this Act: 5
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Examples of Funding levy in a sentence

  • Finally respondents did refer to other levies payable by the sector and, in particular, proposed increases in the Industry Funding levy over the coming years.

  • All intermediaries will be notified when the solution is in place and a further update on the project will be provided in the next newsletter.Self-Declaration of Income Forms for Funding Levy – Final Call The amount of the Industry Funding levy payable by a retail intermediary is determined with reference to its income from the previous calendar year.

  • Central Bank Response:The Industry Funding levy discussed in the consultation paper seeks to recoup a proportion of the Central Bank budget that is attributable to the financial regulation activities.

  • At the hearing on 25 March 2021, there was discussion about the factors impacting the ASIC Funding levy for financial advisers in the 2019/20 year, and this was attributed to a significant increase in costs and a decline in financial adviser numbers.

  • Central Bank Response:The objective of the Industry Funding levy is to raise approximately 65% of the budget attributed to the Central Bank’s financial regulation activities directly from the financial service providers it regulates.

  • In response to the objections, a site meeting was held with the architects, school Headteacher, Dover DC and the KCC Conservation Architect in order to discuss the issues and visualise solutions.

  • The publication is intended to provide a user-friendly guide as to how the Industry Funding levy for 2018 is calculated and provides important information on the 2019 levy year.

  • This makes either Crown Funding, levy funding, or a direct charge for code signatories potential funding methods for the functions.

  • Kr. Medhi, i/c VO, (Team Leader) Ph. 8723854129 2.Sri Hwsrang Boro, VFA Ph. 88110022373.Sri Khemnath Brahma, Grade‐IV Ph. 7896735487 5.Block Vety.

  • Outside of work, he is a keen woodworker, homebrewer, gardener, hiker and footballer.


More Definitions of Funding levy

Funding levy means the levy required to be paid by subsection (2):
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Related to Funding levy

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

  • Funding Loan means the Funding Loan in the original maximum principal amount of $ made by Funding Lender to Governmental Lender under the Funding Loan Agreement, the proceeds of which are used by the Governmental Lender to make the Borrower Loan.

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

  • Non-Funding Lender has the meaning ascribed to it in Section 9.9(a)(ii).

  • 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.

  • Defaulting Lender Rate means (a) for the first 3 days from and after the date the relevant payment is due, the Base Rate, and (b) thereafter, the interest rate then applicable to Advances that are Base Rate Loans (inclusive of the Base Rate Margin applicable thereto).

  • Funding Conditions With respect to any proposed Funding Date, the following conditions:

  • Closing Level : means the official daily Closing Level of the Index as published by the Index Sponsor in relation to each Scheduled Trading Day during the Investment Term.

  • Money Market Lending Office means, as to each Bank, its Domestic Lending Office or such other office, branch or affiliate of such Bank as it may hereafter designate as its Money Market Lending Office by notice to the Borrower and the Agent; provided that any Bank may from time to time by notice to the Borrower and the Agent designate separate Money Market Lending Offices for its Money Market LIBOR Loans, on the one hand, and its Money Market Absolute Rate Loans, on the other hand, in which case all references herein to the Money Market Lending Office of such Bank shall be deemed to refer to either or both of such offices, as the context may require.

  • New Lending Office has the meaning specified therefor in Section 2.09(d).

  • Funding Date is any date on which a Credit Extension is made to or for the account of Borrower which shall be a Business Day.

  • Pricing Level IV means any time when (i) no Event of Default has occurred and is continuing, (ii) the Senior Debt Rating is BBB- or higher by S&P or Baa3 or higher by Moody’s and (iii) Pricing Levels I, II and III do not apply.

  • Exiting Lender see Section 2.17.7.

  • Pricing Level V any time when (i) the senior unsecured long term debt rating of the Borrower by (x) S&P is BBB‑ or higher or (y) Xxxxx’x is Baa3 or higher and (ii) none of Pricing Level I, Pricing Level II, Pricing Level III or Pricing Level IV applies.

  • Initial Borrowing means the first Borrowing by the Borrower under this Agreement.

  • Delayed Draw Funding Date means any date on which the Delayed Draw Term Loans are funded hereunder, which shall in no event be later than the Delayed Draw Term Loan Commitment Termination Date.

  • Funding Loan Agreement means the Funding Loan Agreement, of even date herewith, among the Governmental Lender, the Fiscal Agent and the Funding Lender, as it may from time to time be supplemented, modified or amended by one or more amendments or other instruments supplemental thereto entered into pursuant to the applicable provisions thereof.

  • Pricing Level III shall exist on an Adjustment Date if the Consolidated Leverage Ratio for the relevant period is less than 3.00 to 1.00 but greater than or equal to 2.50 to 1.00.

  • Initial Borrowing Date means the date occurring on or after the Effective Date on which the initial Borrowing of Loans occurs.

  • Pricing Level I shall exist on an Adjustment Date if the Consolidated Leverage Ratio for the relevant period is greater than or equal to 3.50 to 1.00.

  • Pricing Level refers to the determination of which of Level I, Level II, Level III, Level IV, Level V or Level VI applies at any date.

  • Mid-Swap Floating Leg Benchmark Rate means EURIBOR (if the Specified Currency is euro), LIBOR for the Specified Currency (if the Specified Currency is U.S. dollars, Pounds Sterling or Swiss Francs), CIBOR (if the Specified Currency is Danish Kroner), NIBOR (if the Specified Currency is Norwegian Kroner), STIBOR (if the Specified Currency is Swedish Kronor) or (in the case of any other Specified Currency) the benchmark rate most closely connected with such Specified Currency and selected by the Calculation Agent in its discretion after consultation with the Issuer;

  • Collateral Floating Percentage means, with respect to any Distribution Date, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is equal to the Collateral Invested Amount as of the close of business on the last day of the preceding Monthly Period and the denominator of which is the Adjusted Invested Amount as of the close of business on such last day; provided, however, that with respect to the first Monthly Period, the Collateral Floating Percentage shall mean the percentage equivalent of a fraction, the numerator of which is the Collateral Initial Invested Amount and the denominator of which is the Initial Invested Amount.

  • Funding Ratio means: (a) for a Governmental Plan Investor or other plan not covered by clause (b) below, the total net fair market value of the assets of the plan over the actuarial present value of the plan’s total benefit liabilities, as reported in such plan’s most recent audited financial statements; and (b) for a Pension Plan Investor that is subject to Form 5500 – series reporting requirements, the funding target attainment percentage reported on Schedule SB to the Form 5500 or the funded percentage for monitoring the plan’s status reported on Schedule MB to the Form 5500, as applicable, as reported on the most recently filed Form 5500 by such Pension Plan Investor with the United States Department of Labor.

  • Liquidity Funding means (a) a purchase made by any Committed Lender pursuant to its Liquidity Commitment of all or any portion of, or any undivided interest in, an applicable Conduit’s Loans, or (b) any Loan made by a Committed Lender in lieu of such Conduit pursuant to Section 1.1.