Base funding amount definition

Base funding amount means the $1 billion of funding that Bharti Global Limited and the Secretary of State for Business, Energy and Industrial Strategy have agreed to provide Plan Sponsor in order to consummate the Transaction and address the funding requirements of the Company Parties and Reorganized Company Party on the Effective Date and going forward as it may be increased by any further equity subscriptions to BidCo on or prior to the Effective Date.
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Base funding amount means the total amount transferred from the legacy income tax rate reduction fund to the general fund in the preceding biennium.
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Base funding amount means the uniform dollar amount that each student generates towards the student's funding allocation in a given year;
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Examples of Base funding amount in a sentence

  • If the Student is Economically Disadvantaged, an English Learner, or a Student with a Disability, that Student instead generates an outcome bonus of twenty percent (20%) of the Base Funding Amount.

  • The Base Funding Amount will be adjusted annually by the two year average percent change in General State Aid allocated to District 150.

  • That the Board of Education of the City of Peoria School District 150 approve the Charter School Agreement between it and Peoria Charter School Initiative, Inc., an Illinois not-for-profit corporation doing business as Quest Charter Academy, attached as Exhibit B, with an initial Base Funding Amount for the 2015 – 2016 school year of $5,122,590.

  • The Department shall compare the LEA’s non-virtual school ADM value used in the TISA Base Funding Amount allocations for the three (3) prior school years.

  • For each of the Base Funding Amount and weighted components of the TISA, the Department will calculate thirty percent (30%) of the total statewide allocations generated under TISA for each component.

  • The Base Funding Amount in a given year is subject to an annual appropriation by the Tennessee General Assembly.

  • Elementary School: A Student who scored “meets expectations” or “exceeds expectations” on the 3rd grade ELA TCAP or any Student who scored “approaching” or “below” on the 3rd grade ELA TCAP but demonstrated Significant Growth on the 4th grade ELA TCAP generates an outcome bonus of ten percent (10%) of the Base Funding Amount.

  • Concentrated Poverty funding is calculated by multiplying the Base Funding Amount by the Concentrated Poverty weight as determined by law, and then multiply that amount by the school’s Title I eligible ADM.

  • Base Funding Amount is calculated by multiplying the total ADM by the base funding per-Student amount.

  • The Base Funding Amount for each state fiscal year will be determined and communicated to the County’s Authorized Representative by the State’s Authorized Representative (SAR) on or before August 31 of each fiscal year.


More Definitions of Base funding amount

Base funding amount means an amount equal to 5% of the
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Base funding amount means the Sponsor Base Equity Amount; Benchmark Service Charge(s) Revenues means the benchmark Service Charge(s) Revenues as set out in the Financial Model; Bid means the technical and financial proposal of the Sponsor(s) with respect to the Project submitted to the Authority on [•]; Bidding Process shall have the meaning ascribed thereto in Recital B above; Bid Security means the bank guarantee submitted by the Sponsor pursuant to the RFP in connection with its Bid for the Concession rights which shall remain valid and in effect until the Bid Security Expiry Date; Bid Submission Date shall mean the date on which the Bid is submitted; Bid Security Expiry Date shall have the meaning ascribed thereto in Section 11.1.4; Big Four Accounting Firms9 means:
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Base funding amount means collectively the sum of:
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Related to Base funding amount

  • Funding Amount has the meaning specified in Section 3.2(a).

  • Aggregate Excess Funding Amount of a Non-Funding Lender shall be the aggregate amount of all unpaid obligations owing by such Lender to Agent and other Lenders under the Loan Documents, including such Lender’s Ratable Share of Loans.

  • Cash Contribution Amount means the aggregate amount of cash contributions made to the capital of the Company described in the definition of “Contribution Indebtedness.”

  • Aggregate Funded Spread As of any Measurement Date, the sum of: (a) in the case of each Floating Rate Obligation (other than a Defaulted Obligation) that bears interest at a spread over a London interbank offered rate based index (including, for any Permitted Deferrable Obligation, only the excess of the required current cash pay interest required by the Underlying Documents thereon over the applicable index and excluding the unfunded portion of any Delayed Drawdown Collateral Obligation and Revolving Collateral Obligation), (i) the stated interest rate spread paid in Cash on such Collateral Obligation above such index multiplied by (ii) the Principal Balance of such Collateral Obligation; provided that (i) with respect to any Reference Rate Floor Obligation, the stated interest rate spread paid in Cash on such Collateral Obligation over the applicable index shall be deemed to be equal to the sum of (x) the stated interest rate spread paid in Cash over the applicable index and (y) the excess, if any, of the specified “floor” rate relating to such Collateral Obligation over the applicable index and (ii) the interest rate of each Step-Up Obligation will be deemed to be its current rate of interest and the interest rate of each Step-Down Obligation will be deemed to be the lowest rate of interest that such Collateral Obligation will by its terms pay in the future solely as a function of the passage of time; and (b) in the case of each Floating Rate Obligation (including, for any Permitted Deferrable Obligation, only the required current cash pay interest required by the Underlying Documents thereon and excluding the unfunded portion of any Delayed Drawdown Collateral Obligation and Revolving Collateral Obligation) that bears interest at a spread over an index other than a London interbank offered rate based index, (i) the excess of the sum of such spread and such index paid in Cash over the Reference Rate as of the immediately preceding Interest Determination Date (which spread or excess may be expressed as a negative percentage) multiplied by (ii) the Principal Balance of each such Collateral Obligation. Notwithstanding the foregoing, if a Reference Rate Amendment or an Alternative Reference Rate has been adopted, and the replacement Benchmark is the same benchmark rate currently in effect for determining interest on a Floating Rate Obligation, references to “London interbank offered rate based index” in this definition of Aggregate Funded Spread with respect to such Floating Rate Obligation shall be deemed to be a reference to such benchmark rate that is the same as the Benchmark.

  • Maximum Contribution Amount shall equal the excess of (i) the aggregate proceeds received by such Holder pursuant to the sale of such Registrable Notes or Exchange Notes over (ii) the aggregate amount of damages that such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this Section 8(d) are several in proportion to the respective principal amount of the Registrable Securities held by each Holder hereunder and not joint. The Company’s and Subsidiary Guarantors’ obligations to contribute pursuant to this Section 8(d) are joint and several. The indemnity and contribution agreements contained in this Section 8 are in addition to any liability that the Indemnifying Parties may have to the Indemnified Parties.

  • Aggregate Invested Amount means, as of any date of determination, the sum of the Invested Amounts of all Series of Certificates issued and outstanding on such date of determination.

  • Reserve Account Funding Date means the Payment Date selected by the Servicer on behalf of the Issuer which occurs not later than the earliest of the Payment Date with respect to the Monthly Period which commences three months prior to the commencement of the Controlled Accumulation Period (which commencement shall be subject to postponement pursuant to Section 4.13); provided, however, that if the Rating Agency Condition is satisfied, the Issuer may postpone the Reserve Account Funding Date.

  • Note Interest Distributable Amount means, with respect to any Payment Date and a Class of Notes, the sum of the Note Monthly Interest Distributable Amount for such Payment Date and the Note Interest Carryover Shortfall for such Class of Notes. For all purposes of this Agreement and the other Basic Documents, interest with respect to the Class A-2, Class A-3 and Class A-4 Notes shall be computed on the basis of a 360-day year consisting of twelve 30-day months; and interest with respect to the Class A-1 Notes shall be computed on the basis of the actual number of days in each applicable Interest Accrual Period, divided by 360.

  • Series Invested Amount means the Initial Invested Amount.

  • Class A-1 Interest Distributable Amount means the amount of interest accrued during the related Interest Period (calculated on the basis of the actual number of days in such Interest Period and a year assumed to consist of 360 days) on the Class A‑1 Principal Balance as of the immediately preceding Payment Date (after giving effect to payments of principal made on such immediately preceding Payment Date) at the Class A‑1 Rate or, in the case of the first Payment Date, on the Class A‑1 Initial Principal Balance.

  • Balance Amount shall have the meaning set forth in Section 8.1 of this Agreement.