Contingent Funding definition
Examples of Contingent Funding in a sentence
The Foreign Currency Fronting Lender will promptly distribute to each Revolving Lender, to the extent such Revolving Lender has funded its participation interest in such Foreign Currency Loans, in accordance with Section 2.15 (Currency Conversion and Contingent Funding Agreement).
The principal of this Note and all interest accruing thereon, shall be due and payable as follows: Maturity Date Contingent Funding Principal Payment Interest Due on Contingent Funding Principal All payments should be made to Payee by wire transfer in immediately available funds to the bank and account number designated by Payee in writing.
A Staff Member appointed to a fixed-term research-only position (or positions) funded by Contingent Funding for a period of continuous service of 5 years or more who is to be appointed to a further consecutive contract of at least 1 year, may be offered employment on a Continuing (Contingent Funded) basis in accordance with this provision.
The principal of this Note and all interest accruing thereon, shall be due and payable as follows: Maturity Date Contingent Funding Principal Payment Interest Due on Contingent Funding Principal All payments should be made to Payee by wire transfer in immediately available funds to the bank and account number designated by ▇▇▇▇▇ in writing.
If an application for renewal of the Contingent Funding for the position is still pending, the period of employment may, at the discretion of the University, continue for any period of paid leave the staff member is entitled to and thereafter to unpaid leave to retain the employment relationship until a decision on the contingent funding is made.
In the event of such funding limitations, Section 10.5 (Contingent Funding Availability Termination Clause) shall apply.