Allocation of Funds definition

Allocation of Funds. Funds will be allocated on a first come, first-serve basis, provided that no employee shall receive more than $650 in each year of the contract except as outlined below.
Sample 1
Allocation of Funds immediately available to the account designated by Seller in writing at least three Business Days prior to the Closing Date.
Sample 1
Allocation of Funds means the selection of the types of projects or services to be funded and the amount of anticipated funding to be available for those services or projects for the fiscal year. Apportioned objects of expenditure shall initially be publie information, outpatient service, administration, and special projects.
Sample 1

Examples of Allocation of Funds in a sentence

  • If the total offering is not met, management will distribute the funds on a percentage weighted basis according to the Allocation of Funds Table provided above.

  • By: /s/ Xxxxx Xxxxx Its: __________________________ SCHEDULE A Bridge Loan Allocation of Funds The $200,000 to be advanced to Anadolun Madencilik Ltd.

  • By: /s/ Xxxxx Xxxxx Xxxxx Xxxxx, CEO SCHEDULE A Bridge Loan Allocation of Funds The $200,000 to be advanced to Anadolun Madencilik Ltd.

  • Noteholders' Percentage Certificateholders' Percentage Maximum Excess Principal Available Excess Principal Specified Reserve Account Balance Certificate Interest Reserve Draw Distribution Account to Depositor Servicing Fee to Servicer Allocation of Funds Sources Principal Distribution Amount Interest Distribution Amount Available Amount Certificate Interest Reserve Reserve Deposit from PFA Redemption/Prepay Amt.

  • The disbursement details are outlined in Exhibit "A" -- Loan Request / Allocation of Funds, attached to this commitment.

  • Allocation of Funds Paid by MCHP for Failure to Comply with Agreement.

  • Amendment and Termination 11.1 Amendment 92 11.2 Withdrawal 92 11.3 Termination 92 11.4 Allocation of Funds Between Employers 93 11.5 Trust to be Applied Exclusively for Participants and Their Beneficiaries 93 -iii- 5 MICHCON SAVINGS AND STOCK OWNERSHIP PLAN (As Amended and Restated Effective as of January 1, 1989) TABLE OF CONTENTS (Continued) Article XII.

  • This report shall be accompanied by invoices, statements and/or evidence of payment and/or financial statements of the Company that evidence the proper Allocation of Funds during the immediately preceding period for the purpose of characterizing the funds/resources/proceeds as derived from the Debentures as agribusiness credit rights (“Evidence Documents”).

  • Amendment and Termination -------------------------------------- 11.1 Amendment 83 11.2 Withdrawal 83 11.3 Termination 83 11.4 Allocation of Funds Between Employers 84 11.5 Trust to be Applied Exclusively for Participants and Their Beneficiaries 84 Article XII.

  • For more detail regarding the foregoing, see "Description of the Series 2006-1 Notes and the Indenture -- Flow of Funds -- Flow of Funds After an Early Amortization Event or an Event of Default and Prior to an Acceleration of the Notes." See "Description of the Series 2006-1 Notes and the Indenture -- Allocation of Funds among Series and Classes" herein for a description of the payment priorities among various Series.

Related to Allocation of Funds

  • Fund of Funds means a registered investment company or series of a Fund which is managed and administered by Service Company and which invests substantially all of its assets in shares of two or more Funds (or series thereof).

  • freezing of funds means preventing any move, transfer, alteration, use of, access to, or dealing with funds in any way that would result in any change in their volume, amount, location, ownership, possession, character, destination or other change that would enable the funds to be used, including portfolio management;

  • transfer of funds means any transaction at least partially carried out by electronic means on behalf of a payer through a payment service provider, with a view to making funds available to a payee through a payment service provider, irrespective of whether the payer and the payee are the same person and irrespective of whether the payment service provider of the payer and that of the payee are one and the same, including:

  • Note Distribution Account means the account designated as such, established and maintained pursuant to Section 5.1(a)(ii).

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Distribution Account means the Bank Account (which may be a current, saving or deposit account) maintained by the Trustee with a Bank as directed by the Management Company in which the amount required for distribution of income to the Unit Holder(s) shall be transferred. Interest, income or profit, if any, including those accruing on unclaimed dividends, in this account shall be transferred to the main account of the Fund from time to time, as part of the Trust Property for the benefit of the Unit Holder(s).

  • Cost of Funds means, with respect to a Loan in an Alternative Currency, the actual cost to a Lender of funding or maintaining such Loan in the applicable currency from whatever source it may reasonably select for the relevant Interest Period.

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Certificate Distribution Account has the meaning assigned to such term in the Trust Agreement.

  • Regular Allocation of Principal means, with respect to any Payment Date, an amount not less than zero equal to (1) the excess, if any, of (a) the Note Balance of the Notes as of such Payment Date (before giving effect to any principal payments made on the Notes on such Payment Date) over (b) (i) the Pool Balance as of the end of the related Collection Period less (ii) the Targeted Overcollateralization Amount minus (2) the sum of the First Allocation of Principal, the Second Allocation of Principal, the Third Allocation of Principal, the Fourth Allocation of Principal and the Fifth Allocation of Principal for such Payment Date.

  • Special Payments Account Means, with respect to the Class A Certificates, the account or accounts created and maintained for such series pursuant to Section 4.01(b) of the Basic Agreement (as modified by Section 7.01(c) of this Trust Supplement) and this Trust Supplement.

  • Third Allocation of Principal means, with respect to any Payment Date, an amount equal to (1) the excess, if any, of (a) the sum of the Class A Note Balance, the Class B Note Balance and the Class C Note Balance as of such Payment Date (before giving effect to any principal payments made on the Class A Notes, the Class B Notes and the Class C Notes on such Payment Date) over (b) the Pool Balance as of the end of the related Collection Period minus (2) the sum of the First Allocation of Principal and the Second Allocation of Principal for such Payment Date; provided, however, that the Third Allocation of Principal on and after the Final Scheduled Payment Date for the Class C Notes shall not be less than the amount that is necessary to reduce the outstanding principal amount of the Class C Notes to zero (after the application of the First Allocation of Principal and the Second Allocation of Principal).

  • Fourth Allocation of Principal means, with respect to any Payment Date, an amount equal to (1) the excess, if any, of (a) the sum of the Class A Note Balance, the Class B Note Balance, the Class C Note Balance and the Class D Note Balance as of such Payment Date (before giving effect to any principal payments made on the Notes on such Payment Date) over (b) the Pool Balance as of the end of the related Collection Period minus (2) the sum of the First Allocation of Principal, the Second Allocation of Principal and the Third Allocation of Principal for such Payment Date; provided, however, that the Fourth Allocation of Principal on and after the Final Scheduled Payment Date for the Class D Notes shall not be less than the amount that is necessary to reduce the outstanding principal amount of the Class D Notes to zero (after the application of the First Allocation of Principal, the Second Allocation of Principal and the Third Allocation of Principal).

  • Administration Account As defined in Section 7.02.

  • Principal Distribution Account means the account by that name established and maintained pursuant to Section 4.1 of the Sale and Servicing Agreement.

  • Distribution Accounts Collectively, the Upper-Tier REMIC Distribution Account, the Lower-Tier REMIC Distribution Account, the Excess Interest Distribution Account (and in each case any subaccount thereof), all of which may be subaccounts of a single Eligible Account.

  • Interest Funding Account means the trust account designated as such and established pursuant to Section 5.01(a).

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

  • Principal Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Principal Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Distribution Account Deposit Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

  • Sub-Servicing Account An account established by a Sub-Servicer which meets the requirements set forth in Section 3.08 and is otherwise acceptable to the Master Servicer.

  • Principal Collection Subaccount The meaning specified in Section 10.2(a).

  • First Allocation of Principal means, with respect to any Payment Date, an amount equal to the excess, if any, of (a) the Class A Note Balance as of such Payment Date (before giving effect to any principal payments made on the Class A Notes on such Payment Date) over (b) the Pool Balance as of the end of the related Collection Period; provided, however, that the First Allocation of Principal for any Payment Date on and after the Final Scheduled Payment Date for any Class of Class A Notes shall not be less than the amount that is necessary to reduce the Note Balance of that Class of Class A Notes to zero.

  • Prefunding Account The separate Eligible Account created and maintained by the Trustee pursuant to Section 3.06 in the name of the Trustee for the benefit of the Certificateholders and designated "U.S. Bank National Association, in trust for registered holders of CSFB Mortgage Pass-Through Certificates, CSFB ABS Trust Series 2001-HE12" Funds in the Prefunding Account shall be held in trust for the Certificateholders for the uses and purposes set forth in this Agreement and shall not be a part of any REMIC created hereunder; provided, however, that any investment income earned from Permitted Investments made with funds in the Prefunding Account shall be for the account of the Depositor.

  • Rollover Contribution Account means the separate Account maintained for a Member to record such Member's share of the Trust Fund attributable to any Rollover Contribution made to the Plan on his behalf.

  • Transaction Account means a cash account established and maintained by Repo Custodian for the Funds to effect repurchase transactions pursuant to the Master Agreement.