PRB Funding definition

PRB Funding means PRB Funding, LLC, a Colorado limited liability company.
Sample 1

Examples of PRB Funding in a sentence

  • There is no judgment, writ, decree, injunction, or order of any court or government agency or instrumentality in effect against the Company, and the Company is not in default with respect to any order, judgment, injunction, writ, or decree of any governmental authority, except the Bankruptcy Court order relating to the payment of the principal and interest of PRB Funding, LLC and valid mechanic’s liens.

  • In order for PRB Funding to elect satisfaction of its Allowed Class A-3 Claim with New Equity Securities as provided herein, such election must be delivered in writing to Energy no later than five days after the Confirmation Date (the “PRB Funding Election Date”) or, if after the PRB Funding Election Date, then by such other date prior to the Effective Date to which Energy may agree in writing.

  • Status of Major Project Milestones: Project Review Board (PRB) Funding Release.

  • PRB Funding Policy Response by Pension Board After a brief review of the PRB Funding Policy Response prepared by Chuck Campbell and Brad Heinrichs, the Board decided to have Fund representation at the PRB Actuarial Committee meeting to be held the next day.

  • Within 15 calendar days of the entry of the order confirming the Plan, WCOF shall loan to PRB Energy and PRB O&G, jointly and severally, $1.5 million (the “ Exit Financing Facility”), which shall be used to pay (a) the post-petition claims of PRB Funding, LLC(1) and PRB Acquisition, LLC(2), (b) administrative claims that require payment as part of confirmation, and (c) other expenses and obligations as provided herein and in the Plan.

  • The Exit Financing Facility shall be used to pay (a) the postpetition Administrative Expense Claims of PRB Funding, LLC, (b) the Postpetition Administrative Expense Claims of PRB Acquisition, LLC, (c) other Administrative Expense Claims required to be paid by this Plan and (d) other expenses and obligations as provided by this Plan.

  • The Allowed Secured Prepetition Claim of PRB Funding shall receive in full satisfaction, settlement, release and discharge of and in exchange for such Allowed Class B-3 Claim the treatment described in and in accordance with Sec.

  • Mr. Brainard asked staff to recommend, either to the Actuarial Committee or the full Board, a shortened time period from when the first problematic valuation occurred to when a plan must submit a FSRP.Chair Brainard asked the Committee to consider replacing the current 40-year amortization period trigger with a 25-year amortization period to match the upper end of the target range in the PRB Funding Guidelines.

Related to PRB Funding

  • Match funding or “match share” means cash or in-kind (non-cash) contributions provided by the Applicant/Recipient, subcontractors, or other parties that will be used in performance of the proposed project. Match share percentage is calculated by dividing the total match share contributions by the total allowable project cost. “Total allowable project cost” is the sum of the CEC’s reimbursable share and Recipient’s match share of the project costs. Match share expenditures have the following requirements:

  • Initial Funding means the funding of the initial Loans or issuance of the initial Letters of Credit upon satisfaction of the conditions set forth in Sections 6.01 and 6.02.

  • CarMax Funding means CarMax Auto Funding LLC, a Delaware limited liability company.

  • Initial Funding Date means the Funding Date on which the first Loan is made pursuant to this Agreement, as specified in the Initial Borrower Funding Request.

  • Liquidity Funding means (a) a purchase made by any Committed Lender pursuant to its Liquidity Commitment of all or any portion of, or any undivided interest in, an applicable Conduit’s Loans, or (b) any Loan made by a Committed Lender in lieu of such Conduit pursuant to Section 1.1.

  • Funding means the amounts of money provided by the LHIN to the HSP in each Funding Year of this Agreement;

  • Master Funding Agreement means the Master Funding Agreement entered into by the Company and the Secretary of State on 31st October 2013;

  • Table funding means a settlement at which a mortgage loan is funded by a contemporaneous advance of loan funds and an assignment of the loan to the person advancing the funds.

  • Additional Funding has the meaning prescribed to that term in clause 4.3 of this Agreement.

  • Project Funding means the funding for the Services;

  • Pre-Funding Amount With respect to any date, the amount on deposit in the Pre-Funding Account.

  • Principal Funding Account shall have the meaning specified in subsection 4.03(a)(i).

  • Pre-Funding Period The period from the Closing Date until the earlier of (i) the date on which the amount on deposit in the Pre-Funding Account is reduced to less than $50,000 or (ii) June 29, 2007.

  • Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.

  • student loan means a loan towards a student's maintenance pursuant to any regulations made under section 22 of the Teaching and Higher Education Act 1998, section 73 of the Education (Scotland) Act 1980 or Article 3 of the Education (Student Support) (Northern Ireland) Order 1998 and includes, in Scotland, a young student's bursary paid under regulation 4(1)(c) of the Students’ Allowances (Scotland) Regulations 2007.

  • Supplemental Interest Trust The corpus of a trust created pursuant to Section 5.07 of this Agreement and designated as the “Supplemental Interest Trust,” consisting of the Swap Agreement, the Swap Account, the Interest Rate Cap Agreement, the Interest Rate Cap Account, the right to receive the Class X Distributable Amount as provided in Section 5.02(f)(vi), the Class LT4-I interest in REMIC 4 and the right to receive Class I Shortfalls.

  • Residual Funding Facility means any funding arrangement with a financial institution or institutions or other lenders or purchasers under which advances are made to the Company or any Subsidiary based upon residual, subordinated or retained interests in Receivables Entities or any of their respective securities, debt instruments or other Indebtedness.

  • CDO shall have the meaning assigned to such term in the definition of “Qualified Institutional Lender.”

  • Initial Mortgage Loans The Mortgage Loans included in the Trust as of the Closing Date.

  • Interest Funding Account shall have the meaning specified in subsection 4.2(b).

  • Principal Funding Investment Shortfall means, with respect to each Transfer Date relating to the Controlled Accumulation Period, the amount, if any, by which the Principal Funding Investment Proceeds for such Transfer Date are less than the Covered Amount determined as of such Transfer Date.

  • Pre-Funding Earnings means any Investment Earnings on amounts on deposit in the Pre-Funding Account.

  • Income trust means a trust or an entity, including corporate and non-corporate entities, the securities of which entitle the holder to net cash flows generated by an underlying business or income-producing properties owned through the trust or by the entity;

  • Excess Funding Account shall have the meaning specified in subsection 4.2(d).

  • Group I means Series 1997-1 and each other Series specified in the related Supplement to be included in Group I.

  • Initial Mortgage Loan A Mortgage Loan conveyed to the Trust Fund on the Closing Date pursuant to this Agreement as identified on the Mortgage Loan Schedule delivered to the Trustee on the Closing Date.