Funding Period means the period beginning on the Closing Date and ending on the first to occur of (a) the Distribution Date on which the amount on deposit in the Pre-Funding Account (after giving effect to any transfers therefrom in connection with the transfer of Subsequent Contracts to the Trust on such Distribution Date) is less than $150,000, (b) the date on which an Event of Termination occurs, (c) the date on which an Insolvency Event occurs with respect to the Trust Depositor and (d) the close of business on the date which is 90 days from and including the Closing Date.
Funding Period means the period of time when Federal funding is available for obligation by the recipient.
Funding Period means the period beginning on the Closing Date and ending upon the earliest to occur of (i) February 28, 2013, (ii) the date upon which an Event of Default occurs and (iii) the date on which the amount on deposit in the Pre-Funding Account has been reduced to $10,000 or less.
Examples of Funding Period in a sentence
Accordingly, and for the avoidance of doubt, the Company must provide signed copies of all of the applicable Second Tranche Transaction Documents with respect to the Second Tranche within the Second Tranche Funding Period as a condition of closing of the Second Tranche.
For the avoidance of doubt, the Additional Funding Conditions must continue to be satisfied during the Second Tranche Funding Period.
More Definitions of Funding Period
Funding Period. The period beginning on the Closing Date and ending on the earlier of the date on which (a) the amount on deposit in the Pre-Funding Accounts is reduced to zero or (b) 2:00 p.m. New York City time on the 90th day following the Closing Date.
Funding Period. The period from the Closing Date to and including the earlier to occur of (x) the date the amount in the Pre-Funding Account is less than $25,000 and (y) May 16, 2005.
Funding Period means the period from and including the Closing Date and ending on the earliest of: (a) the Determination Date on which the amount on deposit in the Pre-Funding Account (after giving effect to any transfers therefrom in connection with the transfer of Subsequent Receivables to the Issuing Entity on or before such Determination Date) is less than $ , (b) the date on which an Event of Default or a Servicer Default occurs, (c) the date on which an Insolvency Event occurs with respect to the Seller or the Servicer and (d) the close of business on the [Month], 20XX Payment Date.]
Funding Period. The period beginning on the Closing Date and ending on the earlier of the date on which (a) the amount on deposit in the Pre-Funding Account is reduced to zero or (b) 2:00 p.m., _____________ time, on _______________.
Funding Period means the financial year from 1st April 2013 to 31st March 2014.