Funding Target definition
Examples of Funding Target in a sentence
To calculate a revised Reclamation Funding Target Curve, the beginning balance of each year in the revised Reclamation Funding Target Curve is netted with all cash flows associated with the Reclamation Trust in each respective year, including principal capital contributions; the stream of Reclamation Costs; and Reclamation Trust investment income to determine an ending balance for each year.
Exhibit 1C is computed by adding 3% to the Reclamation Funding Target Amount of each year of Exhibit 1B after 2016.
Accordingly, adjustments required when funding is below the Minimum Funding Target or above the Maximum Funding Target will respect that agreement.
The Secretary will receive and disburse all funds directly to the parties involved in acquisition of Right of Way.
If the assignee elects to become an Opt-out Participant, it will satisfy its Reclamation Share of the Reclamation Funding Target Amount set out in Exhibit 1C and/or Exhibit 1F, as applicable, for December 31 of the year in which the consummation of the Purchase Transaction takes place.
The starting balance for revised Reclamation Funding Curves will be the Reclamation Funding Target Amount of the respective Reclamation Funding Curves being replaced for the calendar year immediately preceding the year in which the Reclamation Costs Review to which the curve is being revised is approved by the Reclamation Oversight Committee.
Limitations Applicable If the Plan’s Adjusted Funding Target Attainment Percentage Is Less Than 80 Percent, But Not Less Than 60 Percent.
Example: Assuming the value of funds in Party A’s Reclamation Trust is less than the Reclamation Funding Target Amount for Party A but greater than or equal to the Reclamation Funding Floor Amount for Party A at the end of 2015, then the Reclamation Correction Period expires December 31, 2017.
Opt-out) precedent funding curve’s Reclamation Funding Target Amount for the calendar year immediately preceding that in which the Reclamation Costs Review was approved.
The resulting respective (Opt-in or Opt-out) schedule of year-end balances for the period in question is the Reclamation Funding Target Curve for Exhibit 1A and 1B (for Pre-2017YE Reclamation Liability Costs) or, Exhibit 1D and 1E (for Post 2017YE Liability Costs).