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:
Additional Funding has the meaning prescribed to that term in clause 4.3 of this Agreement.
Principal Funding Account shall have the meaning specified in subsection 4.03(a)(i).
Principal Funding Account Balance means, with respect to any date of determination during the Controlled Accumulation Period, the principal amount, if any, on deposit in the Principal Funding Account on such date of determination.
Investment Strategy is the processes and policies implemented by the Investment Manager for pursuing a particular investment objective managed by an Investment Team.
Finance Co means the Person named as such in the preamble of this Indenture under and until a successor replaces it pursuant to the applicable provision of this Indenture and thereafter means such successor.
Funding means the amounts of money provided by the LHIN to the HSP in each Funding Year of this Agreement;
CDO shall have the meaning assigned to such term in the definition of “Qualified Institutional Lender.”
Income trust means a trust that is not a unitrust.