Alternative Funding definition

Alternative Funding means funding obtained by the Council for the ongoing management of Environmental Management Land and Offsite Offset Environmental Land dedicated to the Council under this Deed that does not rely on monetary Development Contributions obtained by the Council under Division 67.1 of Part 47 of the Act (including under this Deed).
Alternative Funding means unconditionally (except for customary closing conditions) and fully committed funding that would result in the Business being funded until at least the end of the calendar year 2012, which in the reasonable opinion of the Special Committee, acting in good faith, offers a better proposition for the future and continuity of the Company and its stakeholders than the Transaction;
Alternative Funding presumably means levies. NOT a popular option.

Examples of Alternative Funding in a sentence

  • Upon the execution of the Governance Agreement the RDA shall deposit all Tax Credit Dollars in its possession into the Escrow Fund and shall thereafter upon receipt, deposit all Tax Credit Dollars into the Escrow Fund until Equivalent Alternative Funding is secured pursuant to Section 8.4.5 or WL Deficit Alternative Funding is secured pursuant to Section 8.4.6.

  • Until such time as WL Deficit Alternative Funding has been secured, by August 15 of each year, RDA shall provide NICTD a statement specifying the Tax Credit Dollars received and deposited into the Escrow Fund and disbursed from the Escrow Fund that are attributable to the preceding State fiscal year.

  • The obligations of the Company to pay the Retention Bonus shall be subject and subordinated to the Company’s obligations set forth in the Loan and Security Agreement, dated May 11, 2015, by and between IMMY Funding LLC, an affiliate of Life Sciences Alternative Funding LLC and the Company, and the Company’s obligations to any future lenders as and when such obligations are incurred.

  • Upon receipt of such notice, until the Agent notifies the Seller that the circumstances giving rise to such determination no longer apply, (i) no Portion of Capital shall be funded at or by reference to the Alternative Funding Rate and (ii) the Yield Rate for any outstanding portions of Capital then funded at the Alternative Funding Rate shall automatically and immediately be converted to the Base Rate.

  • Upon delivery of such notice: (i) no Portion of Capital shall be funded thereafter at the Alternative Funding Rate unless and until the Agent shall have given notice to the Seller that the circumstances giving rise to such determination no longer exist and (ii) with respect to any outstanding Portion of Capital then funded at the Alternative Funding Rate, such Yield Rate shall automatically and immediately be converted to the Base Rate.

  • Unless an Alternative Funding Election has been made and the Closing occurs during the Alternative Funding Election Period, prior to the Effective Time, Parent shall use reasonable best efforts to cause the shares of Parent Common Stock to be issued as Stock Consideration to be approved for listing on the NYSE, subject to official notice of issuance.

  • For the avoidance of doubt, if the Closing does not occur within the Alternative Funding Election Period, (x) none of the conditions set forth in Article VI (including Section 6.1(d), Section 6.1(e), Section 6.2(d), Section 6.3(c), and Section 6.3(d)) shall be deemed to be waived and (y) Parent may not thereafter make another Alternative Funding Election.

  • The City last year authorized an alternative funding mechanism for such UAAL through new enabling legislation duly enacted by the Detroit City Council, Ordinances No. 03-05 and 04-05 (Alternative Funding Mechanism Ordinances) amending the City’s GRS and PFRS ordinances.

  • The period within which voters of the City could, under the Charter, petition for a referendum to nullify the Funding Ordinance or either of the Alternative Funding Mechanism Ordinances (referred to below under “PLAN OF FINANCE - Constitutional, Statutory and Ordinance Authority for Payment of UAAL and Issuance of the 2006 Certificates”) lapsed without any such petitions being filed.

  • Unless Parent has made the Alternative Funding Election and the Alternative Funding Election Period is not yet complete, the Form S-4 shall have been declared effective by the SEC in accordance with the provisions of the Securities Act and no stop order suspending the effectiveness of the Form S-4 shall have been issued by the SEC and remain in effect and no proceedings to that effect shall have been commenced or threatened by the SEC.


More Definitions of Alternative Funding

Alternative Funding. A higher priority will be given to funding requests where alternative sources of funding have been investigated prior to applying to the Student Technology Committee. Requests where the cost is shared between the Student Technology Fee and other funding sources may also be given higher priority.
Alternative Funding means funding other than the Government Investment Grant Approval and the Equity Commitments in an amount sufficient to offset a Government Investment Grant Shortfall, whether in the form of funding from one or more of the Parties, Third Parties, or from other local, state or federal government or EU entities or otherwise, or any combination of the foregoing.
Alternative Funding means any equity, hybrid equity, equity-linked, senior debt, subordinated debt, convertible debt, capital market or loan market securities raised by any member of the Group in any market.
Alternative Funding means any funding obtained by any Party from persons not a party to this Agreement that may be applied towards the cost of Work. Authority means the Commonwealth of Australia, the State of New South Wales, or any department or agency of the Commonwealth of Australia or the Building Work has the same meaning as in the Act. Claim against any person means any allegation, action, demand, cause of action, suit, proceeding, judgement, debt, damage, loss, cost, expense, or liability howsoever arising and whether present or future, fixed or unascertained, actual or contingent whether at law, in equity, under statute or otherwise. Concept Plan Approval means the approval made by the Minister on 24 May 2013 for a concept plan for the Development being MP11_0010. Construction Certificate has the same meaning as in the Act. Contribution Value in relation to each Item means the amount shown in column 4 of Schedule 3 for that Item, indexed from the date of this Agreement in accordance with the Consumer Price Index (All Groups - Sydney published by the Australian Bureau of Statistics. Defect means any error, omission, shrinkage, blemish in appearance or other fault in the Works caused by the Corporation which prevents the Works from being reasonably capable of being used for their intended purpose.

Related to Alternative Funding

  • Pre-Funding Amount With respect to any date, the amount on deposit in the Pre-Funding Account.

  • Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.

  • Reserve Account Funding Date means the Distribution Date which occurs not later than the earliest of (a) the Distribution Date with respect to the Monthly Period that commences not later than three months prior to the Distribution Date with respect to the first Monthly Period in the Controlled Accumulation Period, (b) in the event that the average Excess Spread Percentage for any three consecutive Monthly Periods ending in the May 2023 Monthly Period or any Monthly Period thereafter is less than 2%, the Distribution Date with respect to such Monthly Period, (c) in the event that the average Excess Spread Percentage for any three consecutive Monthly Periods ending in the November 2023 Monthly Period or any Monthly Period thereafter is less than 3%, the Distribution Date with respect to such Monthly Period and (d) such earlier Distribution Date as the Transferor may determine by written notice to the Trustee and the Servicer. For this purpose, the “Excess Spread Percentage” for any Monthly Period shall be equal to the Series Adjusted Portfolio Yield for such Monthly Period minus the Base Rate for such Monthly Period.

  • Interest Funding Account shall have the meaning specified in subsection 4.2(b).

  • Principal Funding Account Investment Proceeds shall have the meaning specified in subsection 4.03(a)(ii).