Additional Funding from Abry is anticipated Sample Clauses

Additional Funding from Abry is anticipated. (6) Subject to reduction as a result of addititional funding from equity holders at their discretion and cash collateral carve-out. Draft - Subject to Material Change B&H Education Weekly Cash Flow - Daily Funding Requirements Internal Wind Down Budget Forecast Forecast Forecast Forecast $ in 000s 02/16/16 02/17/16 02/18/16 02/19/16 (1) Total Operating Inflows: Title IV Disbursements - - - - - Student Cash Payments - - - - - Agency Collections - - - - - VA/Rehab/Other Cash Collections - - - - - Clinic Services/Sales Receipts - - - - - Total Operating Inflows $ - $ - $ - $ - $ - Operating Outflows: Credit Balance Payments - - - - - R2T4 Refund Payments(2) - - - - - Campus Payroll - - - - - Regional Payroll - - - - - Corporate Payroll(3) - - 614 - 614 Vacation & PTO Accrual Pay - - - - - Employee Payroll Taxes - - - 291 291 Rent/Lease Payments - - - - - Advertising - Media Payments - - - - - Critical Vendor Payments - - - 80 80 Security Payments - - - 20 20 Sales Tax & Property Tax 33 - - - 33 Xxxxxx Occupancy - - - - - IT Payments (Records Maintenance) - - 85 70 155 Record Retention - - - 440 440 Workers Comp & Auto Ins. - - - - - Freight/Mailings - - - 15 15 Employee Health Benefits - - - - - 401k Funding - 53 - - 53 Total Operating Outflows $ 33 $ 53 $ 699 $ 916 $ 1,701 Non-Operating Outflows: Debt Interest Payments - - - - - Close-out Audit - - - 150 150 401k Plan Audit - - - 20 20 Restructuring Legal & Advisory Fees - - - 372 372 DSI/Counsel Fees - - - 1,200 1,200 Post-ABC Expenses - - - 115 115 Total Non-Operating Outflows $ - $ - $ - $ 1,857 $ 1,857 Checks Outstanding: Payroll Checks - - - - - Employee Health Benefits 281 - - - 281 AP Outstanding Checks 6 - 3 - 8 Total Checks Outstanding $ 286 $ - $ 3 $ - $ 289 Net Cash Flow $ (319) $ (53) $ (702) $ (2,773) $ (3,847) Beginning Cash Balance 1,309 990 2,006 1,305 1,309 Beginning Balance Cash Reconciliation - - - - - Lender Cash Sweep - - - - - Net Cash Flow (319) (53) (702) (2,773) (3,847) Cash Infusion Management - - - - - Abry - 1,069 - 660 1,729 (4) Future Cash Infusions Abry - - - 658 658 Other Equity Investors - - - 150 150 Net Cash Balance $ 990 $ 2,006 $ 1,305 $ 0 $ 0
AutoNDA by SimpleDocs
Additional Funding from Abry is anticipated. (5) Subject to reduction as a result of addititional funding from equity holders at their discretion and cash collateral carve-out. Draft - Subject to Material Change B&H Education Weekly Cash Flow - Cash Flow Known vs. Unknown Estimates Internal Wind Down Budget Forecast Forecast Forecast Forecast $ in 000s 02/16/16 02/17/16 02/18/16 02/19/16 Total Known Estimates Critical Vendor Payments $ - $ - $ - $

Related to Additional Funding from Abry is anticipated

  • Additional Funding If the General Partner determines that it is in the best interests of the Partnership to provide for additional Partnership funds (“Additional Funds”) for any Partnership purpose, the General Partner may (i) cause the Partnership to obtain such funds from outside borrowings, or (ii) elect to have the General Partner or any of its Affiliates provide such Additional Funds to the Partnership through loans or otherwise.

  • Additional Funds In the event that any management investment company in addition to those listed on Appendix A hereto desires to have the Custodian render services as custodian under the terms hereof, it shall so notify the Custodian in writing, and if the Custodian agrees in writing to provide such services, such management investment company shall become a Fund hereunder and be bound by all terms and conditions and provisions hereof including, without limitation, the representations and warranties set forth in Section 18.7 below.

  • Additional Functionality Microsoft may provide additional functionality for the software. Other license terms and fees may apply.

  • Qualified HSA Funding Distribution If you are eligible to contribute to a health savings account (HSA), you may be eligible to take a one-time tax-free HSA funding distribution from your IRA and directly deposit it to your HSA. The amount of the qualified HSA funding distribution may not exceed the maximum HSA contribution limit in effect for the type of high deductible health plan coverage (i.e., single or family coverage) that you have at the time of the deposit, and counts toward your HSA contribution limit for that year. For further detailed information, you may wish to obtain IRS Publication 969, Health Savings Accounts and Other Tax-Favored Health Plans.

  • Negotiated Funding Amount, Board Contributions 4.1.1 Each Board shall pay an amount equal to 1/12th of the annual negotiated funding amount as described in 4.1.2 and 4.1.3 to the Trustees of the ETFO ELHT by the last day of each month from and after the Board’s Participation Date.

  • CONDITIONS FOR EMERGENCY/HURRICANE OR DISASTER - TERM CONTRACTS It is hereby made a part of this Invitation for Bids that before, during and after a public emergency, disaster, hurricane, flood, or other acts of God that Orange County shall require a “first priority” basis for goods and services. It is vital and imperative that the majority of citizens are protected from any emergency situation which threatens public health and safety, as determined by the County. Contractor agrees to rent/sell/lease all goods and services to the County or other governmental entities as opposed to a private citizen, on a first priority basis. The County expects to pay contractual prices for all goods or services required during an emergency situation. Contractor shall furnish a twenty-four (24) hour phone number in the event of such an emergency.

  • Program Funding Upon entry into force of this Compact, MCC will grant to the Government, under the terms of this Compact, an amount not to exceed Four Hundred Eight Million Eight Hundred Fifty Thousand United States Dollars (US$408,850,000) to support the Program (“Program Funding”). The allocation of Program Funding is generally described in Annex II to this Compact.

  • Fiscal Funding Notwithstanding any other provision of this agreement, the parties hereto agree that the charges hereunder are payable to the Contractor by the District solely from appropriations received by District. In the event such appropriations are determined by the Chief Financial Officer/Comptroller of the District to no longer exist or to be insufficient with respect to the charges payable hereunder, this Agreement shall immediately terminate without further obligation to the District upon notice that such appropriations no longer exist and are insufficient. If this Agreement is so terminated, then the District shall only pay Contractor for goods and/or services provided by Contractor and accepted by the District up to, through, and including the date of termination. Following the termination of this Agreement under this Section, the parties’ duties to one another shall cease except for those obligations that shall survive the termination of this Agreement, including, but not limited to, the District’s payment obligations for goods and/or services accepted by the District before the date of termination, and the Contractor’s duties to insure and/or indemnify the District and to cooperate with any audit. Termination of this Agreement pursuant to this Section shall not limit either of the parties’ remedies for any breach of this Agreement.

  • How Are Distributions From a Traditional IRA Taxed for Federal Income Tax Purposes Amounts distributed to you are generally includable in your gross income in the taxable year you receive them and are taxable as ordinary income. To the extent, however, that any part of a distribution constitutes a return of your nondeductible contributions, it will not be included in your income. The amount of any distribution excludable from income is the portion that bears the same ratio as your aggregate non-deductible contributions bear to the balance of your Traditional IRA at the end of the year (calculated after adding back distributions during the year). For this purpose, all of your Traditional IRAs are treated as a single Traditional IRA. Furthermore, all distributions from a Traditional IRA during a taxable year are to be treated as one distribution. The aggregate amount of distributions excludable from income for all years cannot exceed the aggregate non-deductible contributions for all calendar years. You must elect the withholding treatment of your distribution, as described in paragraph 22 below. No distribution to you or anyone else from a Traditional IRA can qualify for capital gains treatment under the federal income tax laws. Similarly, you are not entitled to the special five- or ten-year averaging rule for lump-sum distributions that may be available to persons receiving distributions from certain other types of retirement plans. Historically, so-called “excess distributions” to you as well as “excess accumulations” remaining in your account as of your date of death were subject to additional taxes. These additional taxes no longer apply. Any distribution that is properly rolled over will not be includable in your gross income.

  • Additional Facilities If the CAISO determines that it requires Operational Control over additional transmission lines and associated facilities not then constituting part of the CAISO Controlled Grid in order to fulfill its responsibilities in relation to the CAISO Controlled Grid then the CAISO shall apply to FERC pursuant to Section 203 of the Federal Power Act, and shall make all other regulatory filings necessary to obtain approval for such change of control and shall serve a copy of all such applications on the affected Participating TO and the owner of such lines and facilities (if other than the Participating TO). In the event that a Party invokes the dispute resolution provisions identified in Section 15 with respect to the transfer of Operational Control over a facility, such facility shall not be transferred while the dispute resolution process is pending except pursuant to Section 4.5.2.

Time is Money Join Law Insider Premium to draft better contracts faster.