Funding Notes definition

Funding Notes means notes issued under the provisions of KRS 56.860 to 56.869 by the commission for the purpose of funding:

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Funding Notes shall have the meaning set forth in the recitals hereof.

Funding Notes means the 10 1/4% Senior Secured Notes due 2003 issued in an original principal amount of $62,000,000 evidencing indebtedness of Funding and Borrower.

Examples of Funding Notes in a sentence

The Administrator on behalf of the Issuer may direct the Issuer to apply such proceeds to reduce pro rata based on Invested Amounts, the VFN Principal Balance of any Classes of Variable Funding Notes, or to redeem any Series of Notes in accordance with Section 13.1. In the absence of any such direction, the proceeds of such sale shall be distributed to the Depositor or at the Depositor’s direction on the Issuance Date for the newly issued Notes.
In addition, on any Payment Date on which the Additional Balance Differential for such Payment Date if added to the aggregate Security Balance of the Variable Funding Notes (after application of any principal payments to be made thereon on such Payment Date) would cause the aggregate Security Balance thereof to exceed the Maximum Variable Funding Balance, then the Security Balance of one or more Certificates shall be increased by the amount of such excess.
The Purchaser shall use its best reasonable efforts to cause such registration statement to become effective with respect to such Capped Funding Notes as soon as practicable within a mutually agreed reasonable time period after the Seller's request.
If on any Funding Date there is more than one Series with Outstanding Variable Funding Notes, VFN draws on such Funding Date shall be made on a pro rata basis among all applicable Outstanding Series of VFNs in their Revolving Periods based on their respective available Borrowing Capacities, unless otherwise provided in the related Indenture Supplement and Note Purchase Agreement.
The Lenders have agreed, on the terms and conditions set forth herein, to provide a secured revolving credit facility which shall provide for Advances under the Variable Funding Note(s) from time to time in an aggregate principal amount not to exceed the Borrowing Base.

More Definitions of Funding Notes

Funding Notes means notes issued under the provisions of KRS 56.860 to 56.869

Funding Notes means the funding notes pursuant to which the Affiliated Physician Practices, as payors and obligors thereunder, owe certain dollar amounts to the Seller and its Affiliates, as payee and oblige of the notes.

Funding Notes means notes issued under the provisions of Sections 1 to 11 of this Act by the commission with a final maturity of not more than ten (10) years for the purpose of funding judgments;

Funding Notes means the notes in the form annexed hereto as Exhibit A1 issued in consideration of the Funding Note Purchase Price.

Funding Notes means the funding notes pursuant to which the Affiliated Physician Practices, as payors and obligors thereunder, owe certain dollar amounts to Seller or its Affiliates, as payee and oblige of the notes.

Funding Notes means notes issued under the provisions of KRS 56.860 to 56.869 by the commission with a final maturity of not more than ten (10) years for the purpose of funding

Funding Notes means the Series A Funding Notes and the Series B Funding Notes.