Project Funding means the funding for the Services;
Pre-Funding Period means the period beginning on the Closing Date and ending on the earliest of (a) the date on which the amount on deposit in the Pre-Funding Account is less than $10,000, (b) the Funding Termination Date or (c) the date on which an Event of Termination occurs.
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:
Pre-Funding Amount With respect to any date, the amount on deposit in the Pre-Funding Account.
CarMax Funding means CarMax Auto Funding LLC, a Delaware limited liability company.
Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.
Table funding means a settlement at which a mortgage loan is funded by a contemporaneous advance of loan funds and an assignment of the loan to the person advancing the funds.
Loan Fund means the special fund created by the RECIPIENT for the repayment of the principal of and interest on the loan. “Loan Security” means the mechanism by which the RECIPIENT pledges to repay the loan.
Excess Funding Account shall have the meaning specified in Section 4.02.
Group I means Series 1997-1 and each other Series specified in the related Supplement to be included in Group I.
Excess Funding Amount means the amount on deposit in the Excess Funding Account.
Lead Securitization Trust means the Securitization Trust created in connection with the Lead Securitization.
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.
Lead Securitization Date means the closing date of the Lead Securitization.
CDO shall have the meaning assigned to such term in the definition of “Qualified Institutional Lender.”
Project Funding Agreement means an agreement in the form of Schedule F that incorporates the terms of this Agreement and enables the LHIN to provide one-time or short term funding for a specific project or service that is not already described in Schedule A;
Interest Funding Account means the trust account designated as such and established pursuant to Section 5.01(a).
PIPE Investment has the meaning specified in the Recitals hereto.
Liquidity Funding means (a) a purchase made by any Committed Lender pursuant to its Liquidity Commitment of all or any portion of, or any undivided interest in, an applicable Conduit’s Loans, or (b) any Loan made by a Committed Lender in lieu of such Conduit pursuant to Section 1.1.
Lead Securitization Note Holder Representative means the “Directing Certificateholder” or equivalent Person under the Lead Securitization Servicing Agreement.
Pre-Funding Earnings means any Investment Earnings on amounts on deposit in the Pre-Funding Account.
Principal Funding Account shall have the meaning specified in subsection 4.03(a)(i).
Initial Funding means the funding of the initial Loans or issuance of the initial Letters of Credit upon satisfaction of the conditions set forth in Sections 6.01 and 6.02.
Final Asset Status Report As defined in Section 3.24(a)(vi).