Available funding definition

Available funding means funds that are available to a school district for paying accounts payable or are reasonably expected to be collected and available for payment of accounts payable;
Available funding means, on any date, the aggregate (without double counting) US dollar equivalent of:
Available funding has the meaning given to it in the Senior Secured Credit Facilities.

Examples of Available funding in a sentence

  • If no agencies meet the criteria, no awards will be made Service Category: Psychocosial Support Services (Peer Services) Available Funding: $135,000 (3 positions) Health Resources and Services Administration (“HRSA”) Definition: Psychosocial Support Services – Psychosocial Support Services provide group or individual support and counseling services to assist eligible people living with HIV to address behavioral and physical health concerns.

  • During the term of this agreement, Notes will be purchased by the Lenders in accordance with the terms hereof on any Business Day (each, a "Purchase Date") that the Securitization Agent, on behalf of the Trust, delivers a Notice of Utilization to the Liquidity Agent, in each case, subject to the maximum purchase price for the Notes purchased on any Purchase Date being equal to the Available Funding Amount on such Purchase Date.

  • If the Debit Card is declined, but you have sufficient availability in your Available Funding Source Balance, you should use the Debit Card to pay for the purchase inside with the cashier.

  • If you intend to use your Debit Card for recurring transactions, you should monitor your Available Funding Source Balance in the Extra Platform and ensure you have sufficient availability in your Available Funding Source Balance to cover the transactions.

  • If the merchant makes such a request, a “hold” is placed on your Available Funding Source Balance for the amount of the preauthorization request (which may vary in some cases from the amount of the actual purchase, depending on the merchant or purchase type), until the merchant sends the final payment amount of your purchase, or for up to sixty (60) days, even if you fail to make the purchase.


More Definitions of Available funding

Available funding means, for the period commencing on the relevant Calculation Date and ending on the Assumed Completion Date (as defined in the definition ofTotal Costs” below), the sum of (without double counting):
Available funding means, on any date, the aggregate (without double counting) of:
Available funding means funds that are available to a
Available funding means, as of any date, an amount equal to the aggregate of (i) to the extent no Event of Default or Potential Event of Default has occurred and is then continuing, the amount of unutilized Commitments as of such date that are not required, as confirmed by the Independent Engineer, to be applied to pay for costs relating to the Project (other than PPA Delay Penalties); (ii) the amount of pending Required Base Equity Contributions as of such date that are not required, as confirmed by the Independent Engineer, to be applied to pay for costs relating to the Project (other than PPA Delay Penalties); (iii) the funds on deposit in the Offshore Construction Account as of such date that are not required, as confirmed by the Independent Engineer, to be applied to pay for costs relating to the Project (other than PPA Delay Penalties); (iv) the funds on deposit in the Onshore Revenue Account as of such date that are not required, as confirmed by the Independent Engineer, to be applied to pay for costs relating to the Project (other than PPA Delay Penalties); and (v) the funds on deposit in the Restricted Payment Account as of such date;
Available funding means, at any time, the maximum amount available (including without limitation any amount which is or would be available subject to the giving of notice, the lapse of time or the satisfaction or waiver of any other condition, or any combination of these matters) to be borrowed under the Funding Agreements at or after such time.
Available funding means $4,235,000 less all amounts drawn pursuant to Section 2(a).
Available funding means, on any date, the aggregate (without double counting) of: (a) the undrawn and uncancelled Total Commitment as at that date; provided that the Top-Up Commitment shall be included only (i) for the purpose of calculating theForecast Funding Shortfall” pursuant to Clause 21.16(f) (Project Events) or (ii) if and to the extent it is available pursuant to Clause 3.4 (Top-Up Advances); (b) the aggregate undrawn and available Total Base Equity Commitment as at that date; (c) the amounts standing to the credit of the Construction and Supply Accounts as at that date; (d) the amount (if any) standing to the credit of the Pre-Completion Revenue Account as at that date up to the Pre-Completion Revenue Cap; provided that all amounts standing to the credit of the Pre-Completion Revenue Account shall be included only for the purpose of calculating the “Forecast Funding Shortfall” pursuant to Clause 21.16(f) (Project Events); (e) an amount of Pre-Completion Revenue which the Borrower reasonably projects will be earned and deposited to the Pre-Completion Revenue Account after such date, provided that: (i) if the Senior LendersTechnical Advisor and the Senior Lenders’ Reserves Consultant have certified to the Intercreditor Agent that, based upon the most recent Construction and Drilling Progress Report, all or part of such amount is not reasonably likely to be earned by the Borrower, then the amount of Pre-Completion Revenue to be included for the purpose of this paragraph (e) shall be the amount specified in such certificate of Pre-Completion Revenue as being the amount which the Senior Lenders’ Technical Advisor and the Senior Lenders’ Reserves Consultant consider that the Borrower is reasonably likely to earn; (ii) such amount shall not exceed an amount equal to the sum of (A) the Pre-Completion Revenue Cap minus (B) the amount then standing to the credit of the Pre-Completion Revenue Account (and if such sum is a negative number, then such amount shall be zero); (iii) such amount shall be excluded from the calculation of “Available Funding” for the purpose of Clauses 5.1(b)(i) (Cancellation) and 5.2(b)(i) (Voluntary Prepayment); and (iv) such amount shall be excluded for the purpose of calculating the “Forecast Funding Shortfall” pursuant to Clauses 18.11(c)(i)(B)(2), 18.11(e)(i) and 18.11(e)(xi)(D)(1) (Consent to Specified Actions under the Major Project Documents); and (f) for the purpose of calculating the “Forecast Funding Shortfall” pursuant to Clause 21.16...