Match Funding Sample Clauses

Match Funding. The amount of such (i) Indemnified Loss or Expense, or (ii) Additional Costs outlined above shall be determined, in the Bank's sole discretion, based upon the assumption that the Bank funded 100% of that portion of the Loan to which the LIBOR-Based Rate applies in the applicable London interbank market.

Match Funding. The Royal Conservatoire is not in a position to provide match funding in cash terms. However, as noted in previous papers, the Conservatoire invests considerable resources in professional teams devoted to effective public and cultural engagement – these teams are not funded by UIF and so their budgeted staff costs for offer indicative match funding in kind for the UIF, as follows:

Match Funding. The specified source of match funding will be SKMR.

Match Funding. ‌ 6.1 The provision of any funding by the Minister under this Agreement is conditional at all times upon the Project including a minimum of 15% match funding from other sources. 6.2 The Minister takes no responsibility where Grantees are unable to secure the match funding and will not provide additional funding to make up for any shortfall in match funding. If it arises that the match funding is not available or was misrepresented in the Application Form and/or Verification and Confirmation Form, the Minister reserves the right to withhold, suspend or terminate Project funding. 6.3 Any changes to the availability or source of match funding which arise during any stage of the Project must be notified to the Minister immediately.

Match Funding. Anything to the contrary contained herein notwithstanding, neither Agent nor any Lender, nor any of their participants, is required actually to acquire Term SOFR deposits to fund or otherwise match fund any Obligation as to which interest accrues based on the Term SOFR Rate. The provisions set forth herein shall apply as if each Lender or its participants had match funded any Obligation as to which interest is accruing based on the Term SOFR Rate by acquiring SOFR deposits for each Interest Period in the amount of the Term SOFR Rate Loans.

Match Funding. 13.1. The financial support will require match funding from the Organisation making the application. The match funding may be through own resources available to the Organisation or may be sourced through external finance such as credit or external equity investment. Match funding can also come from co-applicants. 13.2. Match funding can be in the form of cash/cash equivalents, credit or equity from external financiers. In cases where applications are made by co-applicants, the match fund contributions can be provided by any of the co-applicants. 13.3. Matching funds should be drawn down as per the agreed milestones and from the 2nd disbursement onwards the matching funds should in principle be 50% of the project costs. 13.4. SHA reserves the right to suspend disbursements of financial support and ultimately terminate this Contract with a written notice if matching funds are not available as contracted.

Match Funding. If any Lender determines that maintenance of its LIBOR Loans at a suitable Lending Installation would violate any applicable law, rule, regulation, or directive, whether or not having the force of law, then, on notice thereof by such Lender to the Borrower through the Administrative Agent, any obligation of such Lender to make or continue LIBOR Loans or to convert Base Rate Loans to LIBOR Loans, shall be suspended until such Lender notifies the Administrative Agent and the Borrower that the circumstances giving rise to such determination no longer exist. If the Required Lenders determine that deposits of a type and maturity appropriate to match fund Loans are not available, then, within 30 days of demand by the Required Lenders, the Borrower shall pay the Lenders such additional amount or amounts as will compensate such Lenders for such increased cost or reduction in amount received.

Match Funding. If any Lender determines that maintenance of its SOFR Loans at a suitable Lending Installation would violate any applicable law, rule, regulation, or directive, whether or not having the force of law, then, on notice thereof by such Lender to the Borrower Representative through the Administrative Agent, any obligation of such Lender to make or continue SOFR Loans, or to convert Base Rate Loans to SOFR Loans, shall be suspended until such Lender notifies the Administrative Agent and the Borrower Representative that the circumstances giving rise to such determination no longer exist. If the Required Lenders determine that deposits of a type and maturity appropriate to match fund Loans are not available, then, within 30 days of demand by the Required Lenders, the Borrowers shall pay the Lenders such additional amount or amounts as will compensate such Lenders for such increased cost or reduction in amount received.

Match Funding. CIT shall not be required to purchase United States dollars in the London interbank market or from any other applicable LIBOR Rate market or source or otherwise “match funds” to fund any LIBOR Loans.” 1.18 Section 8.10 is deleted and the following is substituted in lieu thereof: