Union Funding definition
Examples of Union Funding in a sentence
The CfD Counterparty shall agree by notice to the Generator to waive the fulfilment of the State Aid Declaration Operational CP if the Generator evidences to the satisfaction of the CfD Counterparty that the granter of such State aid or Union Funding refuses or is unable to accept the repayment of the State aid or Union Funding (as adjusted for interest in accordance with Condition 32.11), in full or in part.
The CfD Counterparty shall agree by notice to the Generator to waive the fulfilment of the Subsidy Declaration Operational CP if the Generator evidences to the satisfaction of the CfD Counterparty that the granter(s) of such Subsidy, State aid and/or Union Funding refuses or is unable to accept the repayment of the Subsidy, State aid and/or Union Funding (as adjusted for interest in accordance with Condition 32.11), in full or in part.
The CfD Counterparty shall agree by notice to the Generator to waive the fulfilment of the Subsidy Control Declaration Operational CP if the Generator evidences to the satisfaction of the CfD Counterparty that the granter(s) of such Subsidy, State aid and/or Union Funding refuses or is unable to accept the repayment of the Subsidy, State aid and/or Union Funding (as adjusted for interest in accordance with Condition 32.11), in full or in part.
If relevant, please provide proof on how the provisions of Article II.7 of the Grant Agreement (Visibility of Union Funding) were implemented.
Revolving Loans made pursuant to this Section 2.7(a)(ii) shall be transferred directly to the First Union Funding Account and applied to the payment of control disbursement checks and other appropriate charges to such account designated from time to time by the U.S. Borrowers or as otherwise provided for herein and in the other Credit Documents.
The DPA Counterparty shall agree by notice to the Generator to waive the fulfilment of the Subsidy Control Declaration Operational CP if the Generator evidences to the satisfaction of the DPA Counterparty that the granter(s) of such Subsidy, State aid and/or Union Funding refuses or is unable to accept the repayment of the Subsidy, State aid and/or Union Funding (as adjusted for interest in accordance with Condition 24.11 (Subsidy Interest)), in full or in part.
If the Contract for Difference expires or terminates and any amount of Subsidy, State aid and/or Union Funding (as adjusted for interest in accordance with Condition 32.11) has not yet been repaid in full pursuant to Condition 32.5(C) or set off in full, pursuant to Condition 3.31 or Condition 32.15, the CfD Counterparty shall be entitled to recover any payments made to the Generator under the Contract for Difference, up to the value of the outstanding amount.
The European Union Funding and supporting services (i.e. The Booster) for these activities will be raised as needed.
Transfers to established recipients from an Avadian Credit Union Funding Account may be made up to a daily dollar limit of $700.00 per day and $500 per transaction.
Wire transfers on any Business Day from the First Union Funding Account must be specifically requested by the U.S. Borrowers by telecopy by no later than 1:00 P.M. (Eastern time) on such Business Day.