Funding Review Sample Clauses

Funding Review. 1.1 Welsh Government shall review the implementation of BES Funding on a periodic basis ("Funding Review"), at frequencies to be determined by Welsh Ministers at their sole discretion. 1.2 It is acknowledged that BES Funding has been provided on a discretionary basis by Welsh Government and that Welsh Government shall therefore be entitled to apply its own criteria to determine whether to continue the provision of BES 2 Funding, but such criteria may include: 1.2.1 Performance of the Bus Emergency Scheme (including this Agreement) against the available Funding in meeting the Priorities; and

Funding Review. TRQ and Rio Tinto will, during the three month period following the later of the Co-Lending Closing Date and the Outside Date (which period may be extended by written consent of each of TRQ and Rio Tinto and which period may be accelerated by mutual consent of the parties), meet to review the funding options for the Future Funding Shortfall. As part of this review, the parties will in good faith (i) discuss potential sources of funding and a potential funding plan to satisfy the Future Funding Shortfall if and only to the extent it exceeds the Anticipated Funding Shortfall, and (ii) discuss a potential implementation process for any such potential sources of funding to which Rio Tinto may be prepared to consent at the time. If the parties agree on such a funding plan and implementation process, then the parties will endeavour to follow such plan and process and consider the terms of any agreed potential sources of funding. However, TRQ acknowledges that Rio Tinto has certain consent rights under its agreements with TRQ, including the TRQ FSA, and that certain funding proposals that TRQ may present to Rio Tinto may be subject to such consent rights and in no event shall this Section 27 constitute a waiver of any such rights under the TRQ FSA or otherwise.

Funding Review. The District, upon request, will make known the amount of money received from universities and colleges placing intern/student teachers in the Kalamazoo Public Schools. The amount per intern/student teacher will be deposited in the school’s account for the supervising teacher to purchase items for his/her professional use.

Funding Review. The Parties shall, on an annual cycle, together with the other Participating Provinces or Territories, review the funding that has been required from Canada and each Province or Territory under clause 3 of the Framework Agreement, and forecast the funding that will be required over the next five years, taking into account an actuarial assessment of previous spending. The Parties, together with the other Participating Provinces or Territories, shall establish a methodology for this review by September 1, 2003, and shall engage independent experts to review the methodology.

Funding Review. A Funding Review (“FR”) has been established by the Company to advise the Members with respect to matters relating to the Annual Plan and Budget, the Multi-Year Plan adopted by the Board, and funding requirements of the Company. The FR shall have no voting or decision-making authority.

Funding Review. During the three month period following the Future Date, TRQ and Rio Tinto will meet to review the funding options for the Future Funding Shortfall. As part of this review, the parties will in good faith (i) discuss potential sources of funding and a potential funding plan to satisfy the Future Funding Shortfall (after taking into account the net proceeds received by TRQ under the Equity Offering) and (ii) discuss a potential implementation process for those potential sources of funding to which Rio Tinto may be prepared to consent at the time. If the parties agree on such a funding plan and implementation process, then the parties will endeavour to follow such plan and process and consider the terms of any agreed potential sources of funding. However, TRQ acknowledges that Rio Tinto has certain consent rights under its agreements with TRQ, including the TRQ FSA, and that certain funding proposals that TRQ may present to Rio Tinto may be subject to such consent rights and in no event shall this Section 25 constitute a waiver of any such rights under the TRQ FSA or otherwise.

Funding Review. (i) The Seller shall have a Funding Review 14 Business Days after the Closing Date. If a subsequent Funding Review is requested by the Note Insurer following the final Funding Date, the Seller shall have the Funding Review performed with respect to the Subsequent Receivables acquired on each Funding Date, and the results thereof provided to the Note Insurer, the Seller, the Trustee, the Owner Trustee and the Rating Agencies within twenty-one (21) Business Days following the request therefor. (ii) The Seller will engage the Review Firm to conduct the Funding Reviews. In each Funding Review, the Review Firm will: (A) compare the Receivable files with respect to a random sample of at least 150 of such Receivables in the case of the Funding Review conducted prior to the Closing Date, and at least 100 of such Receivables in the case of the Funding Review conducted following the final Funding Date if a subsequent Funding Review is requested by the Note Insurer, to the information in the electronic data tape representing such Receivables, and shall check to see that items such as original term, first and last payment date, Receivable Balance, Scheduled Payment, Amount Financed, vehicle identification number, interest rate, etc., are the same on the tape as in the files; (B) review the Receivable file with respect to each Receivable to verify the existence of (i) a copy of an original executed retail installment contract and security agreement relating to such Receivable and (ii) a copy of an original Certificate of Title for the related Financed Vehicle or other evidence of lien issued by the applicable Department of Motor Vehicles ("DMV"), indicating the Seller's (or, in the case of a Referral Receivable, the Referral Originator's) position as lienholder (or, in the case of a recently originated loan for which the Seller has not yet received a definitive Certificate of Title or other evidence of lien from the DMV, a copy of properly completed and signed application to such DMV requesting the issuance of a Certificate of Title or other evidence of lien noting the Seller's (or, in the case of a Referral Receivable, the Referral Originator's) position as lienholder); (C) review a randomly selected sample of 150 Receivables in the case of the Funding Review conducted prior to the Closing Date, and of 100 Receivables in the case of the Funding Review conducted following the final Funding Date if a subsequent Funding Review is requested by the Note Insurer, to verify ...

Funding Review. The Debtor will engage the Review Firm to conduct the Funding Re views. In each Funding Review, the Review Firm, as directed by the Insurance Provider, but in no event more than four times per calendar year, will: (1) compare the Receivable Files with respect to a randomly selected sample (not to exceed 200 of such Receivables) to the information in the electronic data tape representing such Receivables, and shall check to see that items such as original term, first and last payment date, Principal Balance, scheduled payment, Amount Financed, vehicle identification number, interest rate, etc., are the same on the tape as in the files; (2) review the Receivable File with respect to each Receivable to verify the existence of (i) a copy of an original executed 116 retail installment contract and security agreement relating to such Receivable and (ii) a copy of the Certificate of Title for the related Financed Vehicle or other evidence of lien issued by the applicable Department of Motor Vehicles ("DMV"), indicating the applicable Seller's position as first lienholder (or, in the case of a recently originated loan for which the Servicer has not yet received a definitive Certificate of Title or other evidence of lien noting such Seller's position as lienholder a copy of a properly completed and signed application to such DMV requesting the issuance of a Certificate of Title noting the Seller's position as lienholder); (3) check a randomly selected sample of Receivables, not to exceed 200, for compliance with certain of the applicable Seller's origination and under writing guidelines, as specified in the Credit and Collection Policy. The Debtor has instructed or shall instruct the Review Firm to deliver copies of the results of each Funding Review to the Insurance Provider, each Seller, the Collateral Agent, the Servicer, the Agent and the Rating Agencies with respect to the related Funding Review.

Funding Review. 5A.1 The Company acknowledges that Defra has a ceiling for the Funding of £40,000,000 (forty million pounds) in each Charging Year (the “Funding Review Level”). If the Funding exceeds the Funding Review Level in respect of any Charging Year (an “Excess”) the Company shall, at the request of Defra, fund the Excess provided that Defra shall reimburse the Company the Excess in the following Charging Years pursuant to this clause 5A. 5A.2 The Company shall give Defra indicative estimates of the Funding required by 30 November each year for the following Charging Year and firm estimates of the Funding required by 31 December. 5A.3 The Company shall notify Defra immediately if, in respect of a Charging Year, it becomes aware that there is, or is likely to be, an Excess in that Charging Year. 5A.4 If, pursuant to clause 5A.2 or 5A.3, Defra is informed by the Company that there is or is likely to be an Excess, Defra shall review its policy and the level of Funding (a “Review”) and, as a result of the Review may, at its sole discretion, alter the value of the Xxxx Reduction for subsequent Charging Years (a “Xxxx Reduction Change”). 5A.5 The Review shall take into account any Excess which the Company is funding so that any Xxxx Reduction Change allows Defra to reimburse the Excess at the earliest possible opportunity such reimbursement to be made by Defra to the Company in accordance with paragraphs 4.1 and 4.2 of Schedule 1 subject to the Funding Review Level not being exceeded in any Charging Year. 5A.6 If Defra decides to implement a Xxxx Reduction Change pursuant to clause 5A.4, it shall promptly notify the Company in writing so that the Company can apply the Xxxx Reduction Change in the Funding Formula for subsequent Charging Years. 5A.7 If Defra notifies the Company of a Xxxx Reduction Change between 1 April and 31 December the Company shall apply the Xxxx Reduction Change in all subsequent Charging Years. 5A.8 If Defra notifies the Company of a Xxxx Reduction Change between 1 January and 31 March the Company shall apply the Xxxx Reduction Change in the Charging Year following the next Charging Year and all subsequent Charging Years. 5A.9 If Defra has not reimbursed fully or at all the Excess by the Termination Date Defra shall within 30 days of receipt of an invoice from the Company after the Termination Date reimburse the Company the Excess or the balance of the Excess as appropriate.

Funding Review. The Depositor further agrees to give written notice of the results of the Pre-Funding Review to the Originator.]