Ongoing Funding Sample Clauses

Ongoing Funding. During any Dividend Restriction Period that occurs before the Termination Date, an FHLBank shall continue to allocate its Regular Contribution Percentage (or when, and if required under subsection II.B.4 below, its Special Contribution Percentage) to its Restricted Retained Earnings.
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Ongoing Funding the appropriate Notice of Borrowing will have been delivered in accordance with the notice provisions provided in Section 4.2;
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Ongoing Funding. The Parties will negotiate ongoing funding arrangements to support the work described in section 6.1 at least six months before the term expires.
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Ongoing Funding. The Company may, but shall have no obligation to, make additional contributions to the Trust from time to time, except that upon a Change in Control the Company shall be obligated to immediately, without notice or demand, contribute cash to the Trust in an amount equal to the Trust Amount. If the Trustee has not received payment of the Trust Amount in immediately available funds by 10:30 a.m. Eastern Standard or Daylight Savings Time (whichever is prevailing in Philadelphia, Pennsylvania) on the day on which the Change in Control of the Company occurs, the Trustee shall immediately draw the entire amount covered by any Letter of Credit and/or make a written demand for contribution to the Trust of any Company Stock reserved under a Company Stock Agreement addressed to the Board of Directors and chief executive officer of the Company, with a copy thereof to the Participant Representatives and the transfer agent and registrar for the Company Stock. In addition, if at any time the Company calculates the "Current Plan Termination Liability" and the amount equal to 200% of the Current Plan Termination Liability as so calculated is certified by the "Trust Actuary," as defined in Article V hereof, to be less than the Trust Amount, such amount shall constitute the new Trust Amount thereafter required to be maintained in the Trust Fund. Upon receipt, prior to a Change in Control of the Company, by the Trustee of a written direction from the Company to reduce any Letter of Credit then held in the Trust accompanied by the Trust Actuary's certification of the new Trust Amount, the Trustee shall give notice to the issuing bank under the Letter of Credit to reduce the amount payable under such Letter of Credit to the amount of the new Trust Amount.
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Ongoing Funding. Calculation of 2016-47 Funding Amount
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Ongoing Funding the appropriate Notice of Borrowing, Notice of Rollover or Notice of Conversion will have been delivered in accordance with the notice provisions provided in Section 5.2;
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Ongoing Funding. Subject to adjustments in accordance with sections 3.5 and 3.6, and the possible suspension of payments in accordance with section 3.8, the Province will provide the Tsleil-Waututh with annual Ongoing Funding payments as follows:
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Ongoing Funding. GIRSA and Uniroyal shall be equally responsible for funds (other than those provided for in Sections 1.03 and 1.04 of this Agreement) required by the Joint Venture Companies from time to time. GIRSA and Uniroyal shall discuss and, agree upon the method by which additional funds required by the Joint Venture Companies shall be raised. Such funds may be provided in the form of loans directly from GIRSA and Uniroyal, from related or unrelated third parties or other funding methods as GIRSA and Uniroyal may agree. If GIRSA and Uniroyal are unable to agree on the adoption of some other method for raising funds required by a Joint Venture Company or Companies, GIRSA and Uniroyal shall lend or shall cause an affiliated party to lend to the entity requiring such funds one behalf of the amount so required at a rate of interest to be agreed upon by the parties at that time.
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Related to Ongoing Funding

  • On-Going Funding For the current term the Boards agree to contribute funds to support the Trust as follows:

  • Training Fund Employers and/or individuals who manage, operate, assist or own, either partially or wholly, a company or companies working non-union in the construction industry on Mainland Nova Scotia within the craft jurisdiction of xxx Xxxxxxxxxx Local 83 shall not be eligible to be appointed to serve, or to continue to serve, as trustees on any trust fund referred to within this Collective Agreement. This provision shall apply to management trustees and union trustees alike. 30.01 Subject to the approval of xxx Xxxxxxxxxx Joint Training Fund Trustees, direct costs for upgrading the safety training of Union members described in Article 2.01 of this Agreement in Occupational Health and Safety courses required by Nova Scotia law, shall be paid by the fund.

  • Sinking Funds Unless specified on the face hereof, this Note will not be subject to, or entitled to the benefit of, any sinking fund.

  • Sinking Fund The provisions of Sections 3.04, 3.05 and 3.06 shall be applicable to any sinking fund for the retirement of Securities of a series, except as otherwise specified as contemplated by Section 2.01 for Securities of such series. The minimum amount of any sinking fund payment provided for by the terms of Securities of any series is herein referred to as a “mandatory sinking fund payment,” and any payment in excess of such minimum amount provided for by the terms of Securities of any series is herein referred to as an “optional sinking fund payment”. If provided for by the terms of Securities of any series, the cash amount of any sinking fund payment may be subject to reduction as provided in Section 3.05. Each sinking fund payment shall be applied to the redemption of Securities of any series as provided for by the terms of Securities of such series.

  • Program Funding Upon entry into force of this Compact in accordance with Section 7.3, MCC will grant to the Government, under the terms of this Compact, an amount not to exceed Four Hundred Xxxxx-Xxxx Xxxxxxx Xxxx Xxxxxxx Xxxxxxxx Xxxxxx Xxxxxx Dollars (US$459,500,000) (“Program Funding”) for use by the Government to implement the Program. The allocation of Program Funding is generally described in Annex II.

  • Research Funding (a) During each Collaboration Term and in connection with any wind-down activities contemplated by Section 13.4. Gilead shall reimburse Hookipa for all Out-of-Pocket Costs actually incurred (with no markup) by Hookipa in connection with the applicable Program, to the extent specifically contemplated in the applicable Research Plan and in accordance with the applicable Research Budget. Gilead shall reimburse the undisputed amount of such Out-of-Pocket Costs incurred in a [***] within [***] days after receipt from Hookipa of an invoice therefor issued within [***] days after the end of such [***]. (b) During each Collaboration Term for a Program, Gilead shall reimburse Hookipa at the FTE Rate for the costs of any FTEs (not to exceed the number of FTEs specified in the applicable Research Plan for such Program for any period without first obtaining, in each case, Gilead’s prior written consent) actually performing activities allocated to Hookipa under such Research Plan. Hookipa shall provide to Gilead, within [***] days after the end of each [***] during each Collaboration Term, a report indicating the number of FTEs actually provided by Hookipa with respect to each Program during such [***], Hookipa shall use standard industry systems and processes to record the number of hours and FTEs actually applied to each Program, which systems and processes shall be consistently and equitably applied to all Hookipa research programs with Third Parties. Gilead shall reimburse Hookipa the undisputed amount for such FTE costs incurred in a [***] within [***] days after receipt from Hookipa of an invoice therefor issued within [***] days after the end of each [***]. (c) For clarity, Gilead shall not be obligated to reimburse Hookipa for any costs or expenses incurred by Hookipa in the course of its activities under the Programs, other than: (i) those costs and expenses expressly identified in this Section 9.6 or elsewhere in this Agreement; (ii) reimbursement for the supply of Licensed Products to Gilead in accordance with the terms of any supply agreement entered into by the Parties pursuant to Section 7.2; or (iii) any other costs and expenses approved by Gilead in writing in advance.

  • Matching Funds The Recipient shall, at a minimum, contribute not less than twenty-five percent (25%) of the total Cost of Project as set forth in Appendix D of this Agreement. The Matching Funds shall be for the sole and express purpose of paying or reimbursing the costs certified to the OPWC under this Agreement. In the event that the total actual Project costs exceed the estimated Cost of Project identified in Appendix D, the OPWC shall not be required to increase the maximum amount of the grant provided herein and the Recipient shall increase its Matching Funds to meet such actual Cost of Project.

  • Assumptions Concerning Funding of LIBOR Loans Calculation of all amounts payable to a Lender under this Article shall be made as though such Lender had actually funded LIBOR Loans through the purchase of deposits in the relevant market bearing interest at the rate applicable to such LIBOR Loans in an amount equal to the amount of the LIBOR Loans and having a maturity comparable to the relevant Interest Period; provided, however, that each Lender may fund each of its LIBOR Loans in any manner it sees fit and the foregoing assumption shall be used only for calculation of amounts payable under this Article.

  • Compensation to the Master Servicer The Master Servicer shall be entitled to receive a monthly fee equal to the Master Servicing Fee, as compensation for services rendered by the Master Servicer under this Agreement. The Master Servicer also will be entitled to any late reporting fees paid by a Servicer pursuant to its Servicing Agreement, any investment income on funds on deposit in the Certificate Account and any Liquidation Profits to which a Servicer is not entitled under its Servicing Agreement.

  • Computation and Payment of Fee The advisory fee shall accrue on each calendar day, and shall be payable monthly on the first business day of the next succeeding calendar month. The daily fee accruals shall be computed by multiplying the fraction of one divided by the number of days in the calendar year by the annual advisory fee rate, and multiplying this product by the Managed Assets of the Fund, determined in the manner established by the Directors, as of the close of business on the last preceding business day on which the Fund's net asset value was determined.

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