Excess Funding definition

Excess Funding has the meaning given in Section 2.5.3 herein.
Sample 1Sample 2Sample 3
Excess Funding has the meaning set forth in Paragraph 28 herein.
Sample 1Sample 2Sample 3
Excess Funding will have the meaning specified in Section 3(b).
Sample 1

Examples of Excess Funding in a sentence

  • If (i) any Principal Shortfall remains after such allocation, (ii) any Series in Group One is in an Amortization Period and (iii) the amount on deposit in the Excess Funding Account is greater than zero, amounts on deposit in the Excess Funding Account will be treated as Excess Principal Collections and allocated to cover any remaining Principal Shortfall or principal shortfalls for other Principal Sharing Series in Group One pursuant to Section 8.03 of the Indenture.


More Definitions of Excess Funding

Excess Funding means the sum of: (i) the amount of the Contributing Shareholder's Default Loans (including accrued interest) that was converted to a capital contribution and if applicable pursuant to section 7.4 above (ii) the amount paid by the Contributing Shareholder for its share of the Additional Funding that was converted to a capital contribution.
Sample 1
Excess Funding means any CWELCC or municipal funding received that is unspent by the licensee during the fiscal year;
Sample 1
Excess Funding has the meaning set out in Section 2.g) of the Collaboration Agreement.
Sample 1
Excess Funding shall have the meaning ascribed to such term in Section 2.9(b) hereof.
Sample 1
Excess Funding has the meaning given in the Consent Decree and Settlement Agreement.
Sample 1
Excess Funding means Advances that the Bank may make from time to time, in its sole discretion, which cause the outstanding principal amount of the Loan to exceed the Permitted Loan Limit.
Sample 1

Related to Excess Funding

  • Match funding or “match share” means cash or in-kind (non-cash) contributions provided by the Applicant/Recipient, subcontractors, 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:

  • Reserve Account Funding Date means the Payment Date selected by the Servicer on behalf of the Issuer which occurs not later than the earliest of the Payment Date with respect to the Monthly Period which commences three months prior to the commencement of the Controlled Accumulation Period (which commencement shall be subject to postponement pursuant to Section 4.13); provided, however, that if the Rating Agency Condition is satisfied, the Issuer may postpone the Reserve Account Funding Date.