Funds Committed definition

Funds Committed means the profits, hiring bonuses and other resources (not including salary) authorized by the Board of Directors for investment by the beneficiary in the acquisition of the Company's shares.
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Examples of Funds Committed in a sentence

  • During the Certain Funds Period the aggregate amount of Other Borrowings shall not exceed the difference between the aggregate Commitments and the Certain Funds Committed Amount.

  • During the period from the Announcement Date through the Closing Date, the Company shall not borrow any amount either individually or in the aggregate under the Existing Credit Agreement that exceeds the the difference between the aggregate Commitments hereunder plus the aggregate commitments under the Facility B Credit Agreement less, an amount equal to the sum of (i) the Certain Funds Committed Amount and (ii) the Facility B Certain Funds Committed Amount.

  • Very truly yours, STATE STREET BANK AND TRUST COMPANY By: Name: Bri▇▇ ▇▇▇▇▇▇▇ ▇itle: Vice President Acknowledged and Accepted: EACH OF THE BORROWERS, for itself and on behalf of each of its respective Funds By: Name: Title: Signature page to Eighth Amendment to the Baron Family of Funds Committed Line of Credit If the foregoing is acceptable to you, please have an authorized officer of each Borrower execute this Letter Amendment below where indicated and return the same to the undersigned.

  • State Contract Funds Committed Prior to July 1 of any Fiscal Year.

  • During the period from the Announcement Date through the Closing Date, the Company shall not borrow any amount either individually or in the aggregate under the Existing Credit Agreement that exceeds the difference between the aggregate Commitments hereunder plus the aggregate commitments under the Facility A Credit Agreement less, an amount equal to the sum of (i) the Certain Funds Committed Amount and (ii) the Facility A Certain Funds Committed Amount.

  • The Initial Account Size, Actual Funds, Committed Funds and Notional Funds for purposes of the Agreement are as follows: $500,000 - Initial Account Size $ -0- - Committed Funds $500,000 - Actual Funds $ -0- - Notional Funds All of the above amounts are set forth in United States dollars.

  • Amount (list amount here and select from either column C or D based on source) Funds Committed Funds Requested TTCF GRANT (Box 1)‐‐‐> $50,000 X Trout Unlimited ‐ 2021 Grant $18,750 X OVPSD Operating Budget, if needed $4,950 X Total Project Income: (Box 2)‐‐‐> $73,700 Expense Items ‐ List expenses for this project.

  • The Fund's Committed Equity Capital, as of the end of any fiscal quarter, shall be the aggregate amount of subscription obligations for the purchase of the Fund's shares (including any amounts of such obligations that have been satisfied) as of the end of such fiscal quarter.

Related to Funds Committed