Subsequent Funding. The Participating Member States shall pay the in accordance with Schedule A and Sections 7.4 and 10.3 and the Order Forms (the “Subsequent Funding”).
Subsequent Funding. On each Subsequent Funding Date after ------------------ the Effective Date, each Lender shall severally make a Loan to the Borrower in an aggregate principal amount equal to its Applicable Percentage of the amount set forth in an approved Invoice Disbursement Request relating to an approved Subsequent Funding Request, which amount shall not exceed either (i) the then unutilized amount of such Lender's Commitment or (ii) when taken together with the previously Subsequent Fundings made by the Lenders with respect to an approved Subsequent Funding Request, 110% of the amount set forth in the AFE relating to such Subsequent Funding Request. A "Subsequent Funding Date" shall ----------------------- mean any Business Day prior to the Commitment Termination Date that is designated as the funding date in an Invoice Disbursement Request, which Invoice Disbursement Request must be delivered to Administrative Agent at least five Business Days prior to the date upon which the Subsequent Funding under such Invoice Disbursement Request is requested to occur. The Lenders shall have no further obligation to fund any Loans after the Commitment Termination Date.
Subsequent Funding. Unless Completion Guarantor shall agree otherwise in writing, the Minimum Remaining Funding Amount shall be funded by Beneficiary making Production Advances in U.S. Dollars following the Cash Flow Schedule (subject to possible acceleration as herein provided) by electronic funds transfer directly to the Production Account (except for the Guaranty Fee to the extent not previously paid, which will be paid directly to UniFi according to UniFi’s instructions or as otherwise instructed or agreed in writing by UniFi as agent for Completion Guarantor).
Subsequent Funding. Notwithstanding anything to the contrary contained in this Agreement, if Grantee is subsequently awarded direct federal funding to address the same COVID-19 related expenses referred to in Paragraph 3 of this Agreement, Grantee shall refund to County with ten (10) calendar days the lesser of: (a) the Grant Funds paid to Grantee under this Agreement; or (b) the subsequent federal funds awarded direct to Grantee.
Subsequent Funding. All time limits stated in the Agreement documents are of the essence of the Agreement. The term of the Agreement shall be a seven (7) month period. Renewal options are contingent upon future funding availability and Program performance. Execution of option years may be determined by Program performance in the preceding year. If the Contractor does not achieve the stated outcomes, Agreements may not be renewed and those funds may be reprogrammed.
Subsequent Funding. Borrower, if in compliance with the terms of the Loan, shall have the right to receive the remaining balance of the Three Million Dollar ($3,000,000) Loan. Borrower shall submit a Disbursement Request to Lender as provided for in Exhibit “1” with respect to each further borrowing. Principal sums repaid or converted under Article 7 during the loan term may not be reborrowed.
Subsequent Funding. On each Subsequent Funding Date after the Effective Date, each Lender shall severally make a Loan to the Borrower in an aggregate principal amount equal to its Applicable Percentage of the amount set forth in an approved Invoice Disbursement Request relating to an approved Subsequent Funding Request, which amount shall not exceed either (i) the then unutilized amount of such Lender’s Commitment or (ii) with respect to any Subsequent Funding for any Development Project, when taken together with the previous Subsequent Fundings made by the Lenders with respect to an approved Subsequent Commitment Increase Request covering such Development Project, 110% of the amount set forth in the authority for expenditure relating to such Subsequent Commitment Increase Request. A “Subsequent Funding Date” shall mean any Business Day prior to the Commitment Termination Date that is designated as the funding date in an Invoice Disbursement Request, which date must be at least five Business Days prior to the date upon which the Subsequent Funding under such Invoice Disbursement Request is requested to occur. Prior to making Loans with respect to development activities on the Borrower’s Oil and Gas Properties as described in any Development Plan or any acquisition of additional Oil and Gas Properties, the Borrower will be required to submit an Invoice Disbursement Request with respect to such advances. The Lenders shall have no further obligation to fund any Loans after the Commitment Termination Date.
Subsequent Funding. Upon the completion, delivery, and acceptance of item 2, as specified in Schedule A ("Deliverables") of the referenced contract, NHF will disburse dollars to the Recipient.
Subsequent Funding. In order to maintain the working account balance with funds in the range of five hundred to two thousand dollars ($500.00 - $2,000.00 USD), Owner hereby accepts that Manager and/or Subsidiary pulls funds from the Net Rental Proceeds as determined in covenant 3.1 of the Rental Management Agreement dated . Said funds shall be taken as a deduction from the payments the Owner is entitled to as a result of the occupancy of the Residence and shall be shown as such on the corresponding invoices. 4.
Subsequent Funding. If the General Partner determines that debt financing is not in the best interest of the Partnership and that funds in excess of the Initial Capital Contributions are required (i) to further the purposes set forth in Article 3 of this Agreement, (ii) to pay fees, costs or expenses payable by the Partnership pursuant to this Agreement, or (iii) otherwise to meet the Partnership’s then existing obligations, and, in each case, (A) funds are not otherwise available from the Partnership’s Available Cash and (B) all of the Initial Capital Contributions, together with any equipment or other financing received by the Partnership, have been expended or budgeted for expenditure by the Partnership for purposes of Operations, then within forty-five (45) Business Days after notice from the General Partner, each of the Partners shall make further Capital Contributions in the amount so determined (“Additional Capital Contribution”) pro rata in accordance with each Partner’s respective Percentage Interest. The Additional Capital Contribution, if any, shall be in addition to the Initial Capital Contribution.
