Contingency Funding definition
Examples of Contingency Funding in a sentence
Refer to the “Interagency Policy Statement on Funding and Liquidity Risk Management,” dated March 22, 2010, (OCC Bulletin 2010-13); the “Addendum to the Interagency Policy Statement on Funding and Liquidity Risk Management: Importance of Contingency Funding Plans,” dated July 28, 2023, and the “Liquidity” booklet of the Comptroller’s Handbook, for guidance.
Refer to the “Interagency Policy Statement on Funding and Liquidity Risk Management,” dated March 22, 2010 (OCC Bulletin 2010-13); the “Addendum to the Interagency Policy Statement on Funding and Liquidity Risk Management: Importance of Contingency Funding Plans,” dated July 28, 2023, and the “Liquidity” booklet of the Comptroller’s Handbook, for guidance.
Within thirty (30) calendar days of any such notice, the Parties shall confer to determine whether the Finance Administrator should issue a cash call invoice for all or a portion of the Total Contingency Funding Amount.
Refer to the “Interagency Policy Statement on Funding and Liquidity Risk Management,” dated March 22, 2010, (OCC Bulletin 2010-13); the “Addendum to the Interagency Policy Statement on Funding and Liquidity Risk Management: Importance of Contingency Funding Plans,” dated July 28, 2023; and the “Liquidity,” booklet of the Comptroller’s Handbook, for guidance.
Refer to the “Interagency Policy Statement on Funding and Liquidity Risk Management,” dated March 22, 2010 (OCC Bulletin 2010-13); the “Addendum to the Interagency Policy Statement on Funding and Liquidity Risk Management: Importance of Contingency Funding Plans,” dated July 28, 2023 (OCC Bulletin 2023-25); and the “Liquidity” booklet of the Comptroller’s Handbook for guidance.
If at least seventy-five percent (75%) of the Parties agree that additional funds above the Initial Funding Amount are necessary to fund NorthernGrid’s regional planning activities for the Budget Cycle, the Parties shall instruct the Finance Administrator to invoice all Parties for their respective Contingency Allocated Share of any such additional amounts, up to the Total Contingency Funding Amount.
ALCO is also responsible for reviewing JPMorgan Chase’s Contingency Funding Plan.
If at any time the Senior Lender draws upon any letter of credit that a Member provides as Acceptable Credit Support pursuant to this Section 3.5, the Member providing such letter of credit shall be deemed to have made an Excess Capital Contribution to the Company, pursuant to a Contingency Funding Capital Call pursuant to Section 4.3, in an amount equal to the amount of such draw, which Excess Capital Contribution shall be a Contingency Funding Contribution for purposes of this Agreement.
In addition, the Board shall develop the bank’s Contingency Funding Plan (CFP) to address matters noted in the ▇▇▇.
The City’s initial contribution including Contingency Funding (the “City Initial Contribution”) attributable to the Basic Project (Roadway Only costs attributable to the City Portion) is currently estimated at Nine Million Eight Hundred Thousand Dollars ($9,800,000.00).