Annual Funding Date definition

Annual Funding Date. The established ongoing annual funding payment of $19,428,240 provided by the Ministry of Education will continue to be made each April 1. This payment shall be made each April 1 of the calendar year to provide LTD and JEIS benefits in accordance with the Settlors Statement on Accepted and Policy Practices of the PEBT.
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Examples of Annual Funding Date in a sentence

  • PEBT Annual Funding Date: The established ongoing annual funding payment of $19,428,240 provided by the Ministry of Education will continue to be made each April 1.

Related to Annual Funding Date

  • Investment Date means the date of the Investment Commitment Closing.

  • Refunding Date as defined in Section 2.7.

  • Delayed Draw Funding Date means any date on which the Delayed Draw Term Loans are funded hereunder, which shall in no event be later than the Delayed Draw Term Loan Commitment Termination Date.

  • Funding Date is any date on which a Credit Extension is made to or for the account of Borrower which shall be a Business Day.

  • Reserve Account Funding Date means the Payment Date selected by the Servicer on behalf of the Issuer which occurs not later than the earliest of the Payment Date with respect to the Monthly Period which commences three months prior to the commencement of the Controlled Accumulation Period (which commencement shall be subject to postponement pursuant to Section 4.13); provided, however, that if the Rating Agency Condition is satisfied, the Issuer may postpone the Reserve Account Funding Date.

  • Investment End Date : means 11 November 2022, or if such day is not a Scheduled Trading Day, the following day which is a Scheduled Trading Day.

  • Investment Period means, and shall be equal to, the Standard Investment Period.

  • Additional Funding has the meaning prescribed to that term in clause 4.3 of this Agreement.

  • Election Date has the meaning specified in Section 3.12(h).

  • Nomination Date means the twentieth (20th) day of the month preceding the Operating Month.