Funding Period means the period beginning on the Closing Date and ending on the first to occur of (a) the Distribution Date on which the amount on deposit in the Pre-Funding Account (after giving effect to any transfers therefrom in connection with the transfer of Subsequent Contracts to the Trust on such Distribution Date) is less than $150,000, (b) the date on which an Event of Termination occurs, (c) the date on which an Insolvency Event occurs with respect to the Trust Depositor and (d) the close of business on the date which is 90 days from and including the Closing Date.
Funding Period means the period of time when Federal funding is available for obligation by the recipient.
Funding Period. The period beginning on the Closing Date and ending on the earlier to occur of (a) the date upon which the amount on deposit in the Pre-Funding Accounts (exclusive of any investment income therein) has been reduced to zero or (b) July 26, 2005.
Examples of Funding Period in a sentence
The Recipient must effect and maintain the insurance specified in Attachment 1 for not less than the amount specified in Attachment 1 during the Funding Period.
It is expected that the Fund will be fully utilised to support the execution of the awarded business proposal within the Funding Period specified in the Standard Terms and Conditions.
More Definitions of Funding Period
Funding Period. The period commencing on the Closing Date and ending on the earliest to occur of (i) the date on which the amount on deposit in the Pre-Funding Account is less than $200,000, (ii) the date on which an Event of Default occurs and (iii) the close of business on June 26, 1997.
Funding Period. The period beginning on the Closing Date and ending on the earlier of the date on which (a) the amount on deposit in the Pre-Funding Accounts is reduced to zero or (b) 2:00 p.m. New York City time on the 90th day following the Closing Date.
Funding Period means, if the Pre-Funding Account Initial Deposit is greater than zero, the period beginning on and including the Closing Date and ending on the first to occur of (a) the date on which the amount on deposit in the Pre-Funding Account (after giving effect to any transfers therefrom in connection with the transfer of Subsequent Receivables to the Issuing Entity on such Payment Date) is not greater than $100,000, (b) the date on which an Event of Default or a Servicer Default occurs, (c) the date on which an Insolvency Event occurs with respect to WOAR or World Omni or (d) the last Business Day of [RESERVED]. If the Pre-Funding Account Initial Deposit is zero, there will be no Funding Period.
Funding Period. The period from the Closing Date to and including the earlier to occur of (x) the date the amount in the Pre-Funding Account is less than $[25,000] and (y) ________ ___, 200_.
Funding Period. With respect to each of Group I and Group II, the respective period commencing on the Startup Day and ending on the earliest to occur of (i) the date on which the amount on deposit in the Pre-Funding Account with respect to such Group (exclusive of any investment earnings) is less than $100,000 and (ii) July 20, 1998.