Funded Backlog definition

Funded Backlog means the total amount of funding allotted to a Government Contract minus the total amount of direct costs, indirect costs and profit or fee incurred and allocable to such Government Contract.
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Funded Backlog means any item of Transferred Backlog as to which, on or after the Closing Date, CPLC has, prior to the expiration date applicable to such item of Transferred Backlog (as reflected on the Closing Backlog Schedule), (i) entered into one or more contracts or agreements that, if such contracts or agreements were in existence as of the Closing, would, taken as a whole, constitute a Financing Contract and (ii) made a loan or advance to, or on behalf of, the Obligor thereunder or made funds available or otherwise provided financing or credit to, or on behalf of, such Obligor; provided, however, that with respect to any Transferred Backlog, if in connection with the preparation, execution or delivery of any of the contracts or agreements described in clause (i) or the making of loans or advances to, or on behalf of any Obligor thereunder or making any funds available or otherwise providing financing or credit to, or on behalf of, any Obligor thereunder, CPLC (A) increases the maximum amount for which such Transferred Backlog was approved or (B) changes or modifies in any material respect, the general kind or type of Property to be subject to or governed by such Transferred Backlog, any Credit Enhancement requirement, the minimum acceptable yield required by CPLC with respect to such Transferred Backlog, the term of such Transferred Backlog or the identity of the Obligor or any guarantor under such Transferred Backlog (in each case, as such matters are reflected in the written credit approval relating to such Transferred Backlog), then such Transferred Backlog shall not qualify as Funded Backlog.
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Funded Backlog has the meaning set forth in Section 3.27(f)(i).
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Examples of Funded Backlog in a sentence

  • Prior to the Closing, Schedule 3.2(v) shall be updated to additionally set forth the Funded Backlog of AdvanceMed as of the date set forth therein, which date shall be within thirty (30) days of the Closing Date.

  • Prior Year Revenue of $134.8 Million and $0.02 EPS~~$501 Million in Funded Backlog at End of 2011 First Quarter~~Q2 2011 Awards Provide Increased Visibility to Full Year Outlook of Revenue & Earnings Growth~SUMMERVILLE, S.C. — May 9, 2011 — FORCE PROTECTION, INC.

  • Year Ended December 31, 1998 1997 1996 Total Backlog $11,565 $5,864 $7,566 Funded Backlog 5,071 4,172 4,403 Year-end 1998 backlog includes contracts for the construction of the first four ships of the Virginia-class submarine, formerly known as the New Attack Submarine, 13 Arleigh Burke class destroyers (DDG 51), five strategic sealift ships, and the final Seawolf-class attack submarine.

  • Notwithstanding the foregoing, except as otherwise provided in this Agreement, the CSC Parties make no representation or warranty in respect of AdvanceMed’s ability to earn, recognize as revenue or collect any Funded Backlog amount.

  • Backlog Year Ended December 31, 1998 1997 1996 Total Backlog $1,579 $2,190 $2,057 Funded Backlog 843 1,186 1,031 The company enters 1999 in its fourth production year of a $1.3 billion multiyear contract for the upgrade of approximately 600 M1 Abrams tanks to the M1A2 configuration.

  • Year Ended December 31, 1998 1997 1996 Total Backlog $892 $938 N/A Funded Backlog 816 831 N/A Year-end 1998 backlog for this segment includes contracts at Advanced Technology Systems for continued sales of commercial undersea fiber optic products and sales involving light-wave based transmission systems to various government customers.

  • Schedule 3.2(v) sets forth the Funded Backlog of orders for AdvanceMed as of December 31, 2010.

  • REPORTS FOURTH QUARTER RESULTS - 4th Quarter Earnings Per Share of $1.02 - - 4th Quarter Revenues Increase 77% to $801 Million -- $821 Million of Funded Sales Orders Were Announced in 4th Quarter -- $2.7 Billion Funded Backlog as of December 31, 2006 -- Stewart & Stevenson Integration Continues to Proceed Smoothly and Ahead of Plan -- Reiterates FY2007 Earnings Per Share Expectation of $4.80 - $5.20 - Jacksonville, Fla.

  • Pro Forma Contracted and Funded Backlog ($ in millions) Note: Backlog is presented on a pro forma basis as if all acquisitions were consummated at the beginning of the relevant period with certain purchased companies estimated by Atlas management.

  • Note: Funded Backlog represents performance obligations as of December 31, 2020.


More Definitions of Funded Backlog

Funded Backlog has the meaning ascribed to such term in Section 3.29(m).
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Funded Backlog. Section 2.30(f)(i) “Government Furnished Items” Section 2.30(f)(ii) “Interests” Recitals of the Agreement “IP Licenses” Section 2.12(a)(ii) “Leased Premises” Section 2.22(a) “Leases” Section 2.22(a) “Liability” and “Liabilities” Section 2.16 “Listing” Section 2.30(d)(i) “LLC Conversion” Recitals of the Agreement “Lock-up Period” Section 5.8(a) “Majority Owner” Preamble to the Agreement “Notices” Section 9.4(a) “NWC Certificate” Section 1.3 “Objection Notice” Section 1.3 “OCI” Section 2.30(b)(iii)(J) “Option Repurchase Agreement” Section 6.1(n) “Owner” Recitals of the Agreement “Patents” definition of Intellectual Property “Personnel Security Clearances” Section 2.30(g) “Piggyback Registration” Section 5.8(b)(i) “Piggyback Shelf Registration Statement Section 5.8(b)(i) “Piggyback Shelf Takedown” Section 5.8(b)(i) “Preferred Bidder Status” Section 2.30(a)(v) “Purchase Price” Section 1.1(b) “Restricted Period” Section 5.8(a) “Registrable Securities” Section 5.8(b)(i) “Reorganization” Recitals of the Agreement “SEC Documents” Section 4.8 “Section 409A Plan” Section 2.19(k) “Security Clearances” Section 2.30(g) “Seller” Preamble to the Agreement “Seller Parties” Section 7.1 “Software” definition of Intellectual Property
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Funded Backlog means, as of the applicable measurement date, that portion of the then-current Total Backlog for which funding is appropriated and obligated to AdvanceMed under a Government Contract or other authorization for payment, executed by a Governmental Entity with authorized purchasing authority, less the amount of revenue that AdvanceMed has previously recognized under such Government Contracts as of such date. Funded Backlog excludes options and add-ons to Government Contracts and task orders for which funding is not yet appropriated or obligated to AdvanceMed. Funded Backlog does not include the full potential value of AdvanceMed’s then-current Government Contracts, as the applicable Governmental Entities may appropriate funds on a basis that is inconsistent with the period of performance under such Government Contracts.
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Funded Backlog is the portion of Contract Backlog for which funding currently is appropriated and obligated to such contract or other authorization for payment signed by the cognizant contracting officer of the U.S. Government or an authorized representative of a prime contractor, less the amount of revenue previously recognized on such contract by the Company Entities. Funded Backlog excludes options and any add-ons to Active Government Contracts and Active Government Subcontracts which have not yet received funding. “Unfunded Backlog” is Contract Backlog less Funded Backlog.
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Funded Backlog means the total amount of funding allotted to a Government Contract minus the total amount of direct costs, indirect costs and profit or fee incurred and allocable to such Government Contract, and the term “Unfunded Backlog” means the total price of a Government Contract minus the total amount funding currently allotted to such Government Contract. (ii) Section 3.18(e)(ii) of the Disclosure Schedule identifies all personal property, equipment and fixtures loaned, bailed or otherwise furnished to the Company by or on behalf of a Governmental Entity and remaining in the Company’s possession (the “Government Furnished Items”), the current locations thereof and the Government Contract pursuant to which such Government Furnished Items were issued. The Company has complied with all of its obligations relating to the Government Furnished Items and upon the return thereof to any
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Funded Backlog means, with respect to any Government Contract, the amount of revenue expected to be realized over the remaining term of such Government Contract, including the base period and all option years thereunder, to the extent the funding thereof has been authorized; provided that a contract ceiling value under a Government Contract constituting a GWAC or IDIQ contract shall not, by itself, constitute revenue expected to be so realized.
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Related to Funded Backlog

  • Backlog means we have an executed order with a buyer but the settlement did not occur prior to report date.

  • Unfunded Capital Expenditures means Capital Expenditures made with Internally Generated Funds and, for the avoidance of doubt, not including Capital Expenditures funded through or by funds provided by any Customer or supplier for such purpose.

  • Interim Balance Sheet as defined in Section 3.4.

  • Funded Amount means, with respect to any Revolving Obligation (excluding a Synthetic Security) or Delayed Drawdown Collateral Obligation at any time, the aggregate principal amount of advances or other extensions of credit to the extent funded thereunder by the Issuer that are outstanding at such time.

  • Estimated Closing Date Balance Sheet shall have the meaning set forth in Section 2.3(a) hereof.

  • Product Backlog means a list of those Stories that do not form part of the current Sprint Plan at that time and which are to form the subject of a future Sprint, either in the current Release at that time or a subsequent Release;

  • Latest Balance Sheet has the meaning set forth in Section 3.4(a).

  • Estimated Closing Balance Sheet has the meaning set forth in Section 2.6(a).

  • SpinCo Balance Sheet means the pro forma combined balance sheet of the SpinCo Business, including any notes and subledgers thereto, as of September 30, 2021, as presented in the Information Statement made available to the Record Holders.

  • Unfunded Amount means, at any time, the sum of (i) the aggregate Exposure Amount at such time plus (ii) the aggregate Unsettled Amount at such time.

  • Audited Balance Sheet means the audited balance sheet of the company prepared for the purposes of the Companies Acts for a financial year unless an audited consolidated balance sheet dealing with the state of affairs of the company and its subsidiary undertakings required to be dealt with in group accounts has been prepared for those purposes for the same financial year, in which case it means that audited consolidated balance sheet, and in that case all references to reserves shall be deemed to be references to consolidated reserves;

  • Closing Date Balance Sheet has the meaning specified in Section 2.3(b).

  • Company Balance Sheet has the meaning set forth in Section 3.04(e).

  • Off-Balance Sheet Liabilities of any Person shall mean (i) any repurchase obligation or liability of such Person with respect to accounts or notes receivable sold by such Person, (ii) any liability of such Person under any sale and leaseback transactions that do not create a liability on the balance sheet of such Person, (iii) any Synthetic Lease Obligation or (iv) any obligation arising with respect to any other transaction which is the functional equivalent of or takes the place of borrowing but which does not constitute a liability on the balance sheet of such Person.

  • Unaudited Balance Sheet has the meaning set forth in Section 3.4(a)(ii).

  • Closing Balance Sheet has the meaning set forth in Section 2.4(a).

  • Most Recent Balance Sheet means the balance sheet contained within the Most Recent Financial Statements.

  • relevant balance sheet means the latest published audited consolidated balance sheet of the Group, but where the Company has no subsidiaries it means the balance sheet and profit and loss account of the Company and, where the Company has subsidiaries but there are no consolidated accounts of the Group, it means the respective balance sheets and profit and loss accounts of the companies comprising the Group;

  • Unfunded Exposure Amount means, on any date of determination, with respect to any Delayed Funding Term Loan, an amount equal to the aggregate amount of all unfunded commitments associated with such Delayed Funding Term Loan.

  • Current Assets of any Person means all assets of such Person that would, in accordance with GAAP, be classified as current assets of a company conducting a business the same as or similar to that of such Person, after deducting adequate reserves in each case in which a reserve is proper in accordance with GAAP.

  • Asset Balance means, for any Payment Date, the Pool Balance as of the beginning of the current Collection Period.

  • Current Balance Sheet shall have the meaning set forth in Section 2.7.

  • Planned Balance With respect to any group of Planned Principal Classes or Components in the aggregate and any Distribution Date appearing in Schedule V hereto, the Aggregate Planned Balance for such group and Distribution Date. With respect to any other Planned Principal Class or Component and any Distribution Date appearing in Schedule V hereto, the applicable amount appearing opposite such Distribution Date for such Class or Component.

  • Final Balance Sheet has the meaning set forth in Section 3.3(b).

  • Annual Balanced Budget means that, in each Funding Year of the term of this Agreement, the total revenues of the HSP are greater than or equal to the total expenses, from all sources, of the HSP;