Current Funding definition

Current Funding means the funding specified in the annual letters of funding (or their equivalent) for the Critical Years and all other resources available and likely to be available to the Academy Trust, including funds detailed in the Master Agreement;
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Current Funding clause ▇.▇▇;
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Current Funding means the funding specified in the annual letters of funding (or their equivalent) for the Critical Years and all other resources available and likely to be available to the Academy Trust, including such funds as are set out in clause 42 of this Agreement; A “PFI EAG Refusal” occurs where:
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Examples of Current Funding in a sentence

  • The Cash Manager shall ensure that the Current Funding Share and the Current Funding Share Percentage of the Trust Property and the Current Seller Share and the Current Seller Share Percentage of the Trust Property are recorded in the Funding Share/Seller Share Ledger on the Initial Closing Date and thereafter on each Distribution Date.

  • Except for the Initial Closing Date on which the Funding Share Percentage and the Seller Share Percentage shall be calculated to two decimal places, and unless otherwise agreed by the Beneficiaries, the Current Funding Share Percentage and the Current Seller Share Percentage shall be calculated to five decimal places.

  • Funding 1's share and the Seller's share of the Losses shall be determined by multiplying the Losses in the relevant Calculation Period by the Current Funding 1 Share Percentage, (as calculated on the Relevant Share Calculation Date), the product of which shall be allocated to Funding 1, and the remainder of such Losses shall be allocated to the Seller, on each Calculation Date, in each case prior to calculating the allocation of Mortgages Trustee Available Principal Receipts on that Calculation Date.

  • The "Current Seller Share" will be an amount equal to: Outstanding Principal Balance of all the Loans in the Trust Property on the relevant Calculation Date - Current Funding 1 Share.

  • On each Calculation Date, the "Current Seller Share Percentage" will be an amount calculated to the accuracy of five decimal places equal to: 100% - Current Funding 1 Share Percentage.

  • On each Calculation Date (the RELEVANT CALCULATION DATE) or on the date that the Mortgages Trust terminates, the Current Funding 1 Share Percentage will be recalculated and the recalculated amount will take effect from the next Distribution Date.

  • The Cash Manager shall ensure that the Current Funding 1 Share and the Current Funding 1 Share Percentage of the Trust Property and the Current Seller Share and the Current Seller Share Percentage of the Trust Property are recorded in the Funding 1 Share/Seller Share Ledger on the Initial Closing Date and thereafter on each Distribution Date.

  • The "Current Funding 1 Share" will be an amount equal to: A - B - C + D + E + F where "A", "B", "C", "D", "E" and "F" have the meanings specified in CLAUSE 8.2 above.

  • References herein to the "FUNDING SHARE" shall mean, prior to the first Distribution Date, the Initial Funding Share and thereafter shall mean the Current Funding Share (as defined below).

  • The Provider attests that they meet the minimum qualifications detailed in the Program Opportunity Notice (PON) 4038, available from NYSERDA’s Current Funding Opportunities page at ▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇.▇▇.▇▇▇/Funding-Opportunities/Current-Funding-Opportunities.aspx.


More Definitions of Current Funding

Current Funding clause 60A.1;
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Current Funding means the funding of all or a portion of the Town’s unfunded liabilities with respect to PSPRS in connection with the Project.
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Current Funding means the funding specified in the annual letters of funding for the Critical Years and all other resources available and likely to be available to the Academy Trust, including such funds as are set out in clause 48 of this Agreement;
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Current Funding clause 60A.1; "PFI EAG Refusal" - clause 60A.1;
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Related to Current Funding

  • Current Funds means wire transfers, certified funds or cashier's checks in a form acceptable to the Title Company which would permit the Title Company to immediately disburse such funds.

  • Match funding or “match share” means cash or in-kind (non-cash) contributions provided by the Applicant/Recipient, subrecipients, or other parties that will be used in performance of the proposed project. Match share percentage is calculated by dividing the total match share contributions by the total allowable project cost. “Total allowable project cost” is the sum of the CEC’s reimbursable share and Recipient’s match share of the project costs. Match share expenditures have the following requirements:

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

  • 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.

  • CarMax Funding means CarMax Auto Funding LLC, a Delaware limited liability company.