Unfunded Backlog means the total price of a Government Contract minus the total amount funding currently allotted to such Government Contract.

Unfunded Backlog means the total price or estimated cost of a Government Contract minus the total amount of direct costs, indirect costs and profit or fee allocable to such Government Contract. Nothing in this Section 3.29(m) shall be interpreted, construed or otherwise deemed a guarantee with respect to whether the Company Parties will actually earn, recognize as revenue, collect or otherwise realize any amount included in Schedule 3.29(m).

Unfunded Backlog has the meaning set forth in Section 3.27(f)(i).

Examples of Unfunded Backlog in a sentence

All of the Government Contracts constituting Funded Backlog and Unfunded Backlog of the Acquired Companies (i) were entered into in the ordinary course of business and (ii) management of the Company believes in good faith that such Government Contracts are capable of performance in accordance with the terms and conditions of such Government Contract by the applicable Acquired Company without a total Contract loss (without consideration of general and administrative expenses).
Commercial segment funded backlog represents the full value on firm contracts, which may cover multiple future years, under which we are obligated to perform, less revenues previously recognized on these contracts.• Negotiated Unfunded Backlog.
Schedule 4.10(h) sets forth, for each Government Contract having backlog as of December 31, 2017, the dollar amounts of Funded Backlog and Unfunded Backlog of the Acquired Companies thereunder as of such date (calculated by the Company consistent with past practice) and the name of the customer.

More Definitions of Unfunded Backlog

Unfunded Backlog means estimated amounts of revenue to be earned in the future from Government Contracts for which funding has not been appropriated or otherwise authorized and from unexercised priced contract options.

Unfunded Backlog has the meaning ascribed to such term in Section 3.29(m).

Unfunded Backlog. Section 2.30(f)(i) 9.15

Unfunded Backlog means the greater of awarded value or proposed value for all unfunded periods of a Government Contract, minus the sum of the Funded Backlog and the total amount of revenue received by the Company from inception through the reported month allocable to such Government Contract.

Unfunded Backlog means, with respect to any Government Contract, the amount of revenue expected to be realized over the remaining term of such Government Contract, including the base period and all option years thereunder, to the extent the funding thereof has not yet been authorized; provided that a contract ceiling value under a Government Contract constituting a GWAC or IDIQ contract shall not, by itself, constitute revenue expected to be so realized.

Unfunded Backlog means the total price of a Government Contract minus the total amount funding currently allotted to such Government Contract. (ii) Section 3.18(e)(ii) of the Disclosure Schedule identifies all personal property, equipment and fixtures loaned, bailed or otherwise furnished to the Company by or on behalf of a Governmental Entity and remaining in the Company’s possession (the “Government Furnished Items”), the current locations thereof and the Government Contract pursuant to which such Government Furnished Items were issued. The Company has complied with all of its obligations relating to the Government Furnished Items and upon the return thereof to any