Funding Obligations definition

Funding Obligations shall have the meaning set forth in Section 4.7(b).
Funding Obligations shall have the meaning set forth in the definition ofLender Default.”
Funding Obligations means, collectively, as of any date of determination, (a) the aggregate commitments of the Borrower to make loan advances to any Person or Person pursuant to debt or loan facilities, (b) the obligations of the Borrower to pay previous monthly accrued interest expense and (c) dividends declared and payable by the Borrower.

Examples of Funding Obligations in a sentence

  • Mitigating factors for these risks are diversification or changes to generation mix sources, and energy efficiency measures.

  • On the date hereof, each Subscribing Reinsurer shall deposit in the trust account established thereunder (the "Trust Account") an amount equal to its Trust Funding Obligations (as defined below), determined solely with respect to this Contract and the Policy.

  • In the event that the Insured determines at any time that the fair market value of all Assets in the Trust Account is less than 100% of the Trust Funding Obligations, the Insured may send a written notice to that Insurer, with a copy to the Trustee, requiring the Insurer to deposit Assets in the Trust Account so that the fair market value of the Assets deposited in the Trust Account is at least equal to the Trust Funding Obligations.

  • Each municipality is obligated to repay only that amount which it draws down for the payment of project costs (Interim Funding Obligations).

  • If the Insurer does not timely deposit such Assets, in addition to any other legal or equitable remedy the Insured may have, the Insured may issue a written instruction to the Trustee directing the Trustee to transfer from the Income Portfolio (as defined in the Trust Agreement) to the Trust Account such assets as are required so that the fair market value of the Assets deposited in the Trust Account is at least equal to the Trust Funding Obligations.


More Definitions of Funding Obligations

Funding Obligations. Other than for emergency expenditures, including expenditures to remedy life/safety threats and violations of law, for which sufficient funds are not available in the Bank Accounts (and without giving effect to any obligation of New Propco for purposes of determining whether Manager shall be relieved from the Operating Standards), New Propco shall have no obligation to advance any additional funds, for the operation and maintenance of the Properties, whether pursuant to the approved budget or otherwise and Manager shall not be relieved from its obligations or duties under the Management Agreement as a result of New Propco’s determination not to advance any such funds. Notwithstanding, Manager shall not have an obligation to advance any funds necessary for the operation or maintenance of the Properties if New Propco refuses to fund such required amounts.
Funding Obligations has the meaning set forth in Section 3.4.
Funding Obligations as defined in the definition ofDefaulting Lender.”
Funding Obligations shall have the meaning given to such term in Section 8.1(e).
Funding Obligations means the collective reference to (a) the aggregate commitments of the Borrower to make loan advances to any Person or Person pursuant to debt or loan facilities, (b) the obligations of the Borrower to pay previous monthly accrued interest expense and (c) dividend payables of the Borrower. "GAAP" means generally accepted accounting principles in the United States set forth in the opinions and pronouncements of the Accounting Principles Board and the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board, consistently applied and as in effect from time to time. "Governmental Authority" means the government of the United States or any other nation, or of any political subdivision thereof, whether state or local, and any agency, authority, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or administrative powers or functions of or pertaining to government (including any supranational bodies such as the European Union or the European Central Bank). "Guarantee" means, as to any Person, (a) any obligation, contingent or otherwise, of such Person guaranteeing or having the economic effect of guaranteeing any Indebtedness or other obligation payable or performable by another Person (the "primary obligor") in any manner, whether directly or indirectly, and including any obligation of such Person, direct or indirect, (i) to purchase or pay (or advance or supply funds for the -11-N75013152.6
Funding Obligations means agreed project and timeframes for said commitments of the Parties to maintain and/or earn-in their respective rights for leaseholds within the Area of Mutual Interest and within the various Project Areas contemplated herein.
Funding Obligations means each obligation of the Performing Subsidiary to make a Funding Payment. Funding Payments mean: