Borrowing Money definition

Borrowing Money means any debt: taken out by the College or a related-subsidiary that relates to any new or refinancing of existing facilities agreement, senior debt finance agreement, working capital facility, term- loan, overdrafts, revolving credit facility, PFI property finance agreement (whether recognised on the balance sheet or not) and any other financing agreement but excluding finance leases. For avoidance of doubt, this includes borrowing under section 19(4)(c) FHEA 1992 for FE corporations and section 33F(6)(e) and (f) FHEA 1992 for sixth form corporations;
Borrowing Money. The borrowing of any money in excess of $10,000 in the aggregate by the Company; or

Examples of Borrowing Money in a sentence

  • The POLICY LOANS section of Your policy is hereby deleted in its entirety and replaced with the following: Borrowing Money on this Policy By Written Request or other requests acceptable to Us, You may obtain a loan from Us at any time before the Insured’s (or, if a survivorship policy, the last surviving Insured’s) death whenever this policy has a Cash Surrender Value.

  • Approval of a revised fundamental investment restrictions on Borrowing Money.

  • The Borrowing Money on this Policy provision in the POLICY LOANS section of Your policy is hereby deleted in its entirety and replaced with the following: Borrowing Money on this Policy By Written Request or other requests acceptable to Us, You may obtain a loan from Us at any time before the Insured’s death whenever this policy has a Cash Surrender Value.

  • The Bond Fund For Income's investment limitations are discussed below under "Borrowing Money," "Diversification," and "Restricted and Illiquid Securities." MUNICIPAL BOND FUND The investment objective of the Municipal Bond Fund is to provide a high level of current income that is exempt from federal regular income taxes.

  • Borrowing Money Number of Votes: For Against Abstain Broker Non-Votes* 32,346,298.315 1,223,229.969 975,696,996 7,847,875.000 III-B.

  • The Fund's investment limitations are discussed below under "Borrowing Money," "Diversification," and "Restricted and Illiquid Securities.

  • The Municipal Bond Fund's investment limitations are discussed below under "Borrowing Money," "Diversification," and "Restricted and Illiquid Securities." PINNACLE FUND The Pinnacle Fund's investment objective is long-term capital appreciation.

  • Borrowing Money Number of Votes: For Against Abstain 2,040,112,837.3100 83,918,687.4240 100,908,402.6500 3-b.

  • Borrowing Money Affirmative Against Abstain Broker Non-Votes* 189,844,441.010 3,160,506.480 4,799,892.370 28,174.000 III-C.

  • Borrowing Money Affirmative Against Abstain Broker Non-Votes* 449,564,884.310 17,615,130.680 4,003,301.370 58,064,211.000 III-C.

Related to Borrowing Money

  • Borrowing means Loans of the same Type, made, converted or continued on the same date and, in the case of Eurodollar Loans, as to which a single Interest Period is in effect.

  • Notice of Committed Borrowing has the meaning set forth in Section 2.02.

  • L/C Borrowing means an extension of credit resulting from a drawing under any Letter of Credit which has not been reimbursed on the date when made or refinanced as a Committed Borrowing.

  • Borrowing Date any Business Day specified by the Borrower as a date on which the Borrower requests the relevant Lenders to make Loans hereunder.