Other Sources of Funds Sample Clauses

Other Sources of Funds. The Managing Venturer shall have the right but not the obligation to secure the necessary funds from other sources including loans (subject to approval by a Vote of the Venturers), and if such funds are not obtainable, the Joint Venture may abandon the Initial Operations to which such Special Assessment relates.
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Other Sources of Funds. From time to time XXXx receive funding in addition to the Measure 1, Measure 2 and administration allocation from EI’s XxX e.g. European Globalisation Adjustment Fund (EGF) (Eligibility Rules for 2014- 2020 on SharePoint); Trading Online Vouchers (TOVs). In many cases, the XXX acts as project promoter. The standard procedures detailed in this document should be adhered to in relation to any additional sources of finance and in accordance with LA best practice. Specific procedures for additional sources of funding will be notified from time to time by EI’s XxX and, in addition, the following procedures will apply:  The EVAC shall be appraised of an application in respect of any additional sources of finance.  The EVAC should be kept informed of the outcome and status of applications.  The Head of Enterprise should sign the acceptance of terms in relation to funding.  The Head of Enterprise should ensure that procedures are implemented to ensure compliance with the requirements of the funding organisation. EU funding requirements are outlined in Section 3.
Sample 1
Other Sources of Funds. In the event the consumer served under this Agreement is receiving SSI, Social Security, VA benefits or has money within his estate that will pay for any portion of the consumer's care, then the Agency will not pay for the room and board of the consumer. The Agency, through a Service Coordinator, will, on a monthly basis, monitor the consumer's benefit eligibility.
Sample 1
Other Sources of Funds. (i) Equity Capitalization of Company. On or before the Closing Date, the New Investor Group shall have purchased shares of capital stock of the Company and the Related Entities in an aggregate amount of not less than $155,000,000, in accordance with the terms and conditions of the Recapitalization Agreement and not less than $38,508,115 of shares of the Company's and Related Entities' capital stock shall constitute Rollover Shares retained by the existing shareholders of Company and the Related Entities.
Sample 1

Related to Other Sources of Funds

  • Investment of Funds NCPS will not commingle Escrow Funds received by it in escrow with funds of others and shall not invest such Escrow Funds. The Escrow Funds will be held in a non-interest bearing account.

  • Commingling of Funds So long as the Company is Servicer, any collections in respect of Contracts collected by the Company shall, prior to the deposit thereof in the Certificate Account, be held in bank accounts entitled substantially as follows: "[name of depository], as agent for U.S. Bank National Association as Trustee, other trustees, and Green Tree Financial Corporation, as their interests may appear."

  • Payment of Funds No federal appropriated funds have been paid or will be paid by or on behalf of the parties to any person for influencing or attempting to influence an officer or employee of any federal agency, a Member of Congress, an officer or employee of Congress, or an employee of a Member of Congress in connection with the awarding of any federal contract, the making of any federal grant, the making of any federal loan, the entering into of any cooperative agreement, and the extension, continuation, renewal, amendment, or modification of any federal contract, grant, loan, or cooperative agreement.

  • Use of Funds Grantee shall expend funds under this Contract only for approved services and for reasonable and allowable expenses directly related to those services.

  • Application of Funds After the exercise of remedies provided for in Section 8.02 (or after the Loans have automatically become immediately due and payable and the L/C Obligations have automatically been required to be Cash Collateralized as set forth in the proviso to Section 8.02), any amounts received on account of the Obligations shall be applied by the Administrative Agent in the following order: First, to payment of that portion of the Obligations constituting fees, indemnities, expenses and other amounts (including fees, charges and disbursements of counsel to the Administrative Agent and amounts payable under Article III) payable to the Administrative Agent in its capacity as such; Second, to payment of that portion of the Obligations constituting fees, indemnities and other amounts (other than principal, interest and Letter of Credit Fees) payable to the Lenders and the L/C Issuer (including fees, charges and disbursements of counsel to the respective Lenders and the L/C Issuer and amounts payable under Article III), ratably among them in proportion to the respective amounts described in this clause Second payable to them; Third, to payment of that portion of the Obligations constituting accrued and unpaid Letter of Credit Fees and interest on the Loans, L/C Borrowings and other Obligations, ratably among the Lenders and the L/C Issuer in proportion to the respective amounts described in this clause Third payable to them;

  • Various Types of Loans Each Revolving Loan shall be divided into tranches which are, either a Base Rate Loan or a LIBOR Loan (each a “type” of Loan), as the Company shall specify in the related notice of borrowing or conversion pursuant to Section 2.2.2 or 2.2.3. LIBOR Loans having the same Interest Period which expire on the same day are sometimes called a “Group” or collectively “Groups”. Base Rate Loans and LIBOR Loans may be outstanding at the same time, provided that not more than six (6) different Groups of LIBOR Loans shall be outstanding at any one time. All borrowings, conversions and repayments of Revolving Loans shall be effected so that each Lender will have a ratable share (according to its Pro Rata Share) of all types and Groups of Loans.

  • Source of Funds Each Purchaser severally represents that at least one of the following statements is an accurate representation as to each source of funds (a “Source”) to be used by such Purchaser to pay the purchase price of the Notes to be purchased by such Purchaser hereunder:

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