Funding Obligation definition

Funding Obligation means, with respect to a particular Purchaser, an amount equal to the Common Share Offering Price multiplied by the number of Purchased Shares to be purchased by such Purchaser on the Closing Date pursuant to Section 2.01.
Funding Obligation has the meaning set forth in the definition ofDefaulting Lender.”
Funding Obligation means an amount equal to the Cash Purchase Price multiplied by the number of Cash Units to be purchased by the Purchaser on the Closing Date, as set forth opposite a Purchaser’s name on Schedule A.

Examples of Funding Obligation in a sentence

  • Modification Description (e.g., Incremental Funding, Obligation Increase or Decrease, Exercise of Option, Change Order, Period of Performance extension, etc.)5.

  • The Insurer shall at all times maintain on deposit in the trust account established under the Trust Agreement (the "Trust Account") Assets (as that term is defined in the Trust Agreement) which have a fair market value equal to the Trust Funding Obligation.

  • Such Purchaser will have available to it at the Closing sufficient funds to enable such Purchaser to pay in full at the Closing the entire amount of such Purchaser’s Funding Obligation in immediately available cash funds.

  • Respected leaders such as Warren Foote, Jean Boyazoglu, David Sherman, Chris- tie Peacock, Rosalee Sinn and Adel Abul Naga have insisted that goats be included in the devel- opment agenda despite initial resistance.

  • Proponent’s argument:John Chevedden requests that the Board seek shareholder approval of any senior manager’s new or renewed pay package that provides for severance or termination payments with an estimated value exceeding 2.99 times the sum of the executive’s base salary plus target short-term bonus.


More Definitions of Funding Obligation

Funding Obligation means each obligation of the Performing Subsidiary to make a Funding Payment.
Funding Obligation has the meaning specified in the definition ofDefaulting Lenders”.
Funding Obligation means a payment obligation incurred by or on behalf of the Fair Hydro Trust,
Funding Obligation means an amount equal to the Purchase Price.
Funding Obligation means, with respect to a particular Purchaser, an amount equal to the Series A Preferred Unit Purchase Price multiplied by the number of Purchased Units to be purchased by such Purchaser on a Closing Date pursuant to Section 2.01.
Funding Obligation means an amount equal to the Purchase Price multiplied by the principal amount of Securities to be purchased by a Purchaser on the Closing Date, as set forth opposite such Purchaser’s name on Schedule A.
Funding Obligation shall have the meaning given such term in Schedule 2 of this Agreement.