Discretionary Funds means the miscellaneous costs and expenses which represent that portion of the U.S. Co-Promotion Budget that are used by the Sales Representatives in support of their Detailing and marketing activity for the Product.
Discretionary Funds means funds available for use by the
Discretionary Funds means the miscellaneous costs and expenses which represent that portion of the U.S. Co-Promotion Budget that are used by the Sales Representatives in support of their Detailing and marketing activity for the Products.
Examples of Discretionary Funds in a sentence
It is not required that any or all Discretionary Funds be awarded.
XXX.xxx shall spend, prior to ------------------------------------------- December 31, 2007, not less than [*] in excess of the amount of Advertising Co- op and Discretionary Funds spent by XXX.xxx for advertising of TSA's Site, of which at least [*] shall be spent by December 31, 2001 and the balance remaining will be spent at the rate of at least [*] per Fiscal Year until all [*] is spent.
Abbott shall manage and control, and shall bear the full cost and expense of, all elements of the budget for the Co-Promotion of the Products (the "Co-Promotion Budget"), including an amount of Discretionary Funds of *** Dollars ($ *** ) per Sales Year and *** .
NMR-1954 Fraunhofer CMB under the Discretionary Funds Grant from Fraunhofer USA have engineered and developed a candidate vaccine against anthrax using thermostable carrier molecule for which purpose the evaluations in humans under this Agreement is sought.
The Investment Committee may, at any time and from time to time, establish and/or remove one or more separate Discretionary Funds.
More Definitions of Discretionary Funds
Discretionary Funds has the meaning set forth in Section 7.24(c).
Discretionary Funds means the sum of (i) the aggregate amount of Waived Proceeds, plus (ii) the aggregate amount of Excluded Sale Proceeds (not to exceed $300 million), with the aggregate amount of Excluded Sale Proceeds in excess of $200 million being referred to as "Excess Excluded Sale Proceeds", plus (iii) the aggregate amount of Indebtedness incurred pursuant to Section 5.2.2(t) (not to exceed $400 million) ("Debt Basket Proceeds"), plus (or minus, if Excess Cash Flow is negative) (iv) the aggregate amount of Excess Cash Flow for each Fiscal Quarter of the Borrower commencing with the Fiscal Quarter ending December 31, 1994 which is not required by Section 3.4(a) to be utilized as a mandatory prepayment, such amount to be determined without giving effect to any prepayment reduction or waiver pursuant to clause (B) of Section 3.4(a) or Section 3.6(f) and such amount with respect to any Fiscal Quarter becoming Discretionary Funds only after the delivery of the Excess Cash Flow Schedule for such Fiscal Quarter pursuant to Section 5.1.1(b) or 5.1.1(c). As of the Second Restatement Date, the amount of Debt Basket Proceeds shall be deemed increased by $300 million without otherwise limiting the Borrower's ability to incur Indebtedness under Section 5.2.2(t), and such $300 million increase may be utilized from and after the Second Restatement Date by the Borrower as Discretionary Funds constituting Debt Basket Proceeds.
Discretionary Funds means any QEFAF funds which are not included in the available appropriation amount, or which are returned or recouped from a Qualified Agency under Section R990-101- 9.
Discretionary Funds means funds managed in-house by the manager, where the manager has substantial input in the investment management process or authority to make investment decisions;
Discretionary Funds means those funds obtained by the Agency for its performance of services for a fee or from revenue from any other source that does not require the use of such revenue for a particular purpose. Funds passed through to the Agency, or appropriated or passed through to any other agency which, in turn, passes them through to the Agency, for the administrative purposes of a particular program will be considered Discretionary Funds if, although restricted to the purposes of such Program, are nonetheless available for the Agency’s use as it sees fit consistent with the Program’s purpose.
Discretionary Funds means the sum of (i) the aggregate amount of Waived Proceeds, PLUS (ii) the aggregate amount of Excluded Sale Proceeds (not to exceed $300 million), with the aggregate amount of Excluded Sale Proceeds in excess of $200 million being referred to as "EXCESS EXCLUDED SALE PROCEEDS", PLUS (iii) the aggregate amount of Indebtedness incurred pursuant to SECTION 5.2.2(t) (not to exceed $400 million) ("DEBT BASKET PROCEEDS"), PLUS (iv) the aggregate amount of Excess Cash Flow for each Fiscal Quarter of the Borrower commencing with the Fiscal Quarter ending December 31, 1994 which is not required by SECTION 3.4(a) to be utilized as a mandatory prepayment, such amount to be determined without giving effect to any prepayment reduction or waiver pursuant to clause (B) of SECTION 3.4(a) or SECTION 3.6(f) and such amount with respect to any Fiscal Quarter becoming Discretionary Funds only after the delivery of the Excess Cash Flow Schedule for such Fiscal Quarter pursuant to SECTION 5.1.1(b) or 5.1.1(c). As of the Restatement Date, the amount of Debt Basket Proceeds shall be deemed increased by $300 million without otherwise limiting the Borrower's ability to incur Indebtedness under SECTION 5.2.2(t), and such $300 million increase may be utilized from and after the Restatement Date by the Borrower as Discretionary Funds constituting Debt Basket Proceeds.
Discretionary Funds means that portion of the Net Proceeds of any Debt Issuance or Equity Issuance or, after the Available Cash Condition has been satisfied, of Excess Cash Flow in respect of any Semi-Annual Period ending on or after December 31, 2001, which is not required to be applied to Reductions of the Facilities; provided, however, that the Net Proceeds of any Prepayment Event and any portion of Excess Cash Flow in respect of any Semi-Annual Period shall constitute Discretionary Funds only to the extent that they represent the Borrowers' Portion of aggregate Net Proceeds or Excess Cash Flow in respect of which the Lenders' Portion has in fact been applied to Reductions of the Facilities pursuant to Section 2.10(c) or (d) (and to the extent that, as a result of the condition set forth in Section 2.10(e), the Lenders Portion of any such Net Proceeds or Excess Cash Flow is not required to be and is in fact not applied to Reductions, no portion of such Net Proceeds or Excess Cash Flow will constitute Discretionary Funds). For purposes of the foregoing, (x) the Borrowers' Portion of (i) Net Proceeds of Debt Issuances shall be 25%, (ii) Net Proceeds of Equity Issuances shall be 50% and (iii) Excess Cash Flow (but only after the Available Cash Condition is met) shall be 25% and (y) the Lenders' Portion of any such Net Proceeds or Excess Cash shall be a percentage equal to 100% minus the applicable Borrowers' Portion.