Net Transfers definition

Net Transfers means an amount, determined for any period in the aggregate for all Loan Parties, equal to (A) the aggregate amount of loans funded by the Loan Parties during such period to, and capital contributions made by the Loan Parties during such period in, Restricted Subsidiaries that are not Loan Parties less (B) the aggregate amount of cash loan proceeds, cash loan payments and cash Distributions received by the Loan Parties during such period from Restricted Subsidiaries that are not Loan Parties.

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Net Transfers means an amount, determined for any period in the aggregate for all Loan Parties, equal to (A) the aggregate amount of loans funded by the Loan Parties during such period to, and capital contributions made by the Loan Parties during such period in, Restricted Subsidiaries that are not Loan Parties less (B) the aggregate amount of cash loan proceeds, cash loan payments and cash Distributions received by the Loan Parties during such period

Examples of Net Transfers in a sentence

• Net Transfers from Special and Covered Funds will reduce the applicable MGIB Rollup Base on a pro-rata basis.

• The Categories of expenditures that are eligible for financing under the MDTF are as follows: Safety Nets Grants (Safety Net Transfers); Goods; and Services.

• The Borrower shall cause NAF to select Beneficiaries and Takaful-1 Beneficiaries, and make Safety Net Transfers to eligible Beneficiaries and Takaful-1 Beneficiaries, in accordance with the eligibility criteria, requirements and procedures acceptable to the Bank, as described in the POM.

• For each Accounting Period, Net Transfers to/from Separate Accounts is the net amount of all fund transfers initiated by owners of the Reinsured Policies between the Separate Accounts and the general account as well as transfers required to pay any policy charges.

• Net Transfers to the Separate Accounts - the net amount of all monies and accruals flowing to the Separate Accounts from the General Account less monies and accruals flowing from the Separate Account to the General Account, if positive.

• The additional financing will scale up provision of Shock Responsive Safety Net Transfers and associated administrative costs in response to shocks being made through the Federal contingency budget under Part 2.2 of the Original Project.

• Conversely, Net Transfers to the Separate Accounts from the general account are to be reflected as positive amount in the “Separate Accounts (Modco)” column on Exhibit E.

• The Recipient shall cause NAF to select Beneficiaries and make Safety Net Transfers to eligible Beneficiaries, in accordance with the eligibility criteria, requirements and procedures acceptable to the Bank, as described in the POM.

• Net Transfers from Special, Covered or Excluded Funds will reduce the applicable MGIB Rollup Base on a pro-rata basis.

• NAF shall select Beneficiaries and Takaful Beneficiaries, and make Safety Net Transfers to eligible Beneficiaries and Takaful Beneficiaries, in accordance with the eligibility criteria, requirements and procedures acceptable to the Bank, as described in the POM.