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.