Discretionary Funds definition

Discretionary Funds means the miscellaneous costs and expenses which represent that portion of the U.S. Co-Promotion Budget that are used by the Sales Representatives in support of their Detailing and marketing activity for the Product.
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Discretionary Funds means the sum of (i) the aggregate amount of Waived Proceeds, plus (ii) the aggregate amount of Excluded Sale Proceeds (not to exceed $300 million), with the aggregate amount of Excluded Sale Proceeds in excess of $200 million being referred to as "Excess Excluded Sale Proceeds", plus (iii) the aggregate amount of Indebtedness incurred pursuant to Section 5.2.2(t) (not to exceed $400 million) ("Debt Basket Proceeds"), plus (or minus, if Excess Cash Flow is negative)
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Discretionary Funds means the miscellaneous costs and expenses which represent that portion of the U.S. Co-Promotion Budget that are used by the Sales Representatives in support of their Detailing and marketing activity for the Products.
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Examples of Discretionary Funds in a sentence

  • The minimum size of the portfolio under the Discretionary and/ or Non- Discretionary Funds Management Service should be Rs.50 lakhs as per the current SEBI Regulations.

  • Available Discretionary Funds will be paid as directed by each jurisdiction.

  • A statewide activities assessment allows the state to determine the effectiveness of the Governor’s Discretionary Funds in addressing identified statewide needs.

  • Deborah Jacobson, Assistant Superintendent, updated the Board on the FY2021 P-12 Discretionary Funds account.

  • The vehicles designated for disposal are: License # Vin # 1 125-2914 0XX0X0XXXX0000000 2 125-2916 0XX0X0XX0X0000000 Project is funded using $196,961 of 5339 Discretionary Funds and $6,641 of 5311 Flex Funds.


More Definitions of Discretionary Funds

Discretionary Funds has the meaning set forth in Section 7.24(c).
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Discretionary Funds means funds available for use by the
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Discretionary Funds means funds managed in-house by the manager, where the manager has substantial input in the investment management process or authority to make investment decisions;
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Discretionary Funds means any QEFAF funds which are not included in the available appropriation amount, or which are returned or recouped from a Qualified Agency under Section R990-101- 9.
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Discretionary Funds means those funds obtained by the Agency for its performance of services for a fee or from revenue from any other source that does not require the use of such revenue for a particular purpose. Funds passed through to the Agency, or appropriated or passed through to any other agency which, in turn, passes them through to the Agency, for the administrative purposes of a particular program will be considered Discretionary Funds if, although restricted to the purposes of such Program, are nonetheless available for the Agency’s use as it sees fit consistent with the Program’s purpose.
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Discretionary Funds means the sum of (i) the aggregate amount of Waived Proceeds, PLUS (ii) the aggregate amount of Excluded Sale Proceeds (not to exceed $300 million), with the aggregate amount of Excluded Sale Proceeds in excess of $200 million being referred to as "EXCESS EXCLUDED SALE PROCEEDS", PLUS (iii) the aggregate amount of Indebtedness incurred pursuant to SECTION 5.2.2(t) (not to exceed $400 million) ("DEBT BASKET PROCEEDS"), PLUS (iv) the aggregate amount of Excess Cash Flow for each Fiscal Quarter of the Borrower commencing with the Fiscal Quarter ending December 31, 1994 which is not required by SECTION 3.4(a) to be utilized as a mandatory prepayment, such amount to be determined without giving effect to any prepayment reduction or waiver pursuant to clause (B) of SECTION 3.4(a) or SECTION 3.6(f) and such amount with respect to any Fiscal Quarter becoming Discretionary Funds only after the delivery of the Excess Cash Flow Schedule for such Fiscal Quarter pursuant to SECTION 5.1.1(b) or 5.1.1
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Discretionary Funds means that portion of the Net Proceeds of any Debt Issuance or Equity Issuance or, after the Available Cash Condition has been satisfied, of Excess Cash Flow in respect of any Semi-Annual Period ending on or after December 31, 2001, which is not required to be applied to Reductions of the Facilities; provided, however, that the Net Proceeds of any Prepayment Event and any portion of Excess Cash Flow in respect of any Semi-Annual Period shall constitute Discretionary Funds only to the extent that they represent the Borrowers' Portion of aggregate Net Proceeds or Excess Cash Flow in respect of which the Lenders' Portion has in fact been applied to Reductions of the Facilities pursuant to Section 2.10(c) or (d) (and to the extent that, as a result of the condition set forth in Section 2.10(e), the Lenders Portion of any such Net Proceeds or Excess Cash Flow is not required to be and is in fact not applied to Reductions, no portion of such Net Proceeds or Excess Cash Flow will constitute Discretionary Funds). For purposes of the foregoing, (x) the Borrowers' Portion of (i) Net Proceeds of Debt Issuances shall be 25%, (ii) Net Proceeds of Equity Issuances shall be 50% and (iii) Excess Cash Flow (but only after the Available Cash Condition is met) shall be 25% and (y) the Lenders' Portion of any such Net Proceeds or Excess Cash shall be a percentage equal to 100% minus the applicable Borrowers' Portion.
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