Funding Window definition
Funding Window means the time you have to make deposits into your Account. The Funding Window will be 14 calendar days from the date your Account is opened and will close at 5pm on that day. If the 14th calendar day lands on a non-working day (i.e. a Saturday, Sunday or Public Bank Holiday in England and Wales), the funding window will close on the next Working Day.
Examples of Funding Window in a sentence
Foothill shall have no obligation to make Term Loan B after the end of the Term Loan B Funding Window.
Complimentary amendments to the distribution of National Skills Fund: Social Development Funding Window are required.
During the Term Loan B Funding Window, so long as Term Loan B has not been made or the Mobile Indebtedness Conditions are not satisfied, Foothill shall have no obligation to make advances hereunder to the extent they would cause the outstanding Obligations to exceed the Maximum Amount less the then outstanding amount of Mobile Indebtedness.
During the Funding Window, balances will earn interest at the Bank of England Base Rate.