Financial Backing definition

Financial Backing means either the financial support offered by a User to a Contributor (which can consist of Support or Reward) which can only be accessed by Contributors registering for a Subscription Mode or Percentage Mode Account;
Sample 1
Financial Backing. In April 2019, Examity received a $90 million investment from Great Hill Partners. Recognizing growth in the space, the firm’s intention was to invest significant capital into a leading online proctoring company. After a substantial due diligence period, evaluating nearly every competitor in the space, Examity was chosen to receive this investment. This is a testament not only to the solution and reputation we have developed since 2013, but also our future growth trajectory and long-term sustainability as a leader in the space. The investment will fuel our continued investment into the people, process, and technology necessary to provide best-in-class online proctoring to PASSHE members.
Sample 1

Examples of Financial Backing in a sentence

  • Financial Backing Relevance to the Counseling Profession Counselors and supervisors who seek to implement EBPs in their work settings may benefit from knowing what helps or hinders successful implementation efforts.

  • Surprisingly, when dissolving a radioactive foil a couple of weeks later the behaviour was not the same.

  • Carl Weinschenk, Financial Backing: Telecommunication s Firm Supporting Connecticut Overbuild Proposal, Cable World, 18 October 1993, p.

  • Financial Backing- tax assistances at export: reduction/tax exemption for the consortium.- reduction of the custom duties on the import of raw material intended for the production and exportation of finished products.- co-financing certain activities of the consortium.

  • You will be required to read and accept those terms and conditions and privacy policy before receiving any Financial Backing from Users.

  • Payment can be made by those methods as set out on Our Site and the Joining Fee is payable whether or not you receive any Financial Backing.

  • If We receive notice from the Third Party Payment Service Provider that your use of Our Platform or the Payment Service is in breach of their terms or of any agreement between you and them, We may take actions including, but not limited to, those necessary to rectify your breach, removing your ability to use the Payment Service and receive Financial Backing via Our Platform, and/or the suspension or termination of your Account on Our Site.

  • Grain Dealer Years Ended 30-Jun-1330-Jun-1230-Jun-11Indemnity FunctionRevenues Assessments Collected807,500728,500681,700 Interest Income5,3004,6005,400 Total Revenues812,800733,100687,100Expenses Loan Repayment – Principal--- Loan Repayment -- Interest--- Premiums on Financial Backing--- Default Payments to Producers2,000-- License Fee Credits (transfer to Admin.

  • Victor was assessed by clinical neuropsychologist Dr Judy Tang on 21 September 2017.

  • Neil Rose, Gauke Announces more Financial Backing for Lawtech, LEGAL FUTURES (June 4, 2019), https://www.legalfutures.co.uk/latest-news/gauke-announces- more-financial-backing-for-lawtech.

Related to Financial Backing

  • Financial Bid means that part of the offer, that provides price schedule, total project costs etc.

  • Financial Package means the financing package indicating the total capital cost of the Project and the means of financing thereof, as set forth in the Financial Model and approved by the Lenders, and includes Equity and all financial assistance specified in the Financing Agreements;

  • Financial Monitoring Report or “FMR” means each report prepared in accordance with Section 4.02 of this Agreement;

  • Financial aid means loans and/or grants to needy students

  • financial service means a service of a financial nature, including insurance, and a service incidental or auxiliary to a service of a financial nature;

  • financial group means a group that consists of a legal person or legal arrangement exercising control and coordinating functions over the rest of the group for the application of group supervision under the Core Principles, and its branches and subsidiaries that are financial institutions as defined in section 27A(6) of the MAS Act or the equivalent financial institutions outside Singapore;

  • Financial Impairment means that a carrier is not insolvent and is:

  • Financial Futures Contract means the firm commitment to buy or sell fixed income securities including, without limitation, U.S. Treasury Bills, U.S. Treasury Notes, U.S. Treasury Bonds, domestic bank certificates of deposit, and Eurodollar certificates of deposit, during a specified month at an agreed upon price.

  • Financial exigency means a condition that requires the bona fide discontinuance or reduction in size of an administrative unit, project, program or curriculum due to the lack of funds available and sufficient to meet current or projected expenditures.

  • Financial need means the difference between the student’s financial resources, including resources available from the student’s parents and the student, as determined by a completed parents’ financial statement and including any non-campus-administered federal or state grants and scholarships, and the student’s estimated expenses while attending the institution. A student shall accept all available federal and state grants and scholarships before being considered eligible for grants under the Iowa minority academic grants for economic success program. Financial need shall be reconsidered on at least an annual basis.

  • Financial Report means the annual financial report prepared under Chapter 2M of the Corporations Act for the Company and its controlled entities;

  • Financial Contract of a Person means (i) any exchange-traded or over-the-counter futures, forward, swap or option contract or other financial instrument with similar characteristics or (ii) any Rate Management Transaction.

  • Financial Instrument” shall mean the Financial Instruments under the Company’s CIF license which can be found in the document “Company Information” on the Website. It is understood that the Company does not necessarily offer all the Financial Instruments which appear on its CIF license but only those marketed on its Website from time to time.

  • Liquidity means, as of any date of determination, the sum of (i) the aggregate amount of Unrestricted Cash of the Obligors at such time plus (ii) Availability at such time.

  • Financial Model means the financial model adopted by Senior Lenders, setting forth the capital and operating costs of the Project and revenues therefrom on the basis of which financial viability of the Project has been determined by the Senior Lenders, and includes a description of the assumptions and parameters used for making calculations and projections therein;

  • financial holding company means a financial holding company as defined in point (20) of Article 4(1) of Regulation (EU) No 575/2013;

  • Financial Statement has the meaning set forth in Section 4(g) below.

  • Leverage means the aggregate amount of indebtedness of the Company for money borrowed (including purchase money mortgage loans) outstanding at any time, both secured and unsecured.

  • Accounting system means the Contractor's system or systems for accounting methods, procedures, and controls established to gather, record, classify, analyze, summarize, interpret, and present accurate and timely financial data for reporting in compliance with applicable laws, regulations, and management decisions, and may include subsystems for specific areas such as indirect and other direct costs, compensation, billing, labor, and general information technology.

  • Accounting Information means (a) the annual audited consolidated financial statements of the Group and (b) the quarterly unaudited consolidated financial statements of the Group, each as provided or (as the context may require) to be provided to the Bank in accordance with clause 5.1.4;

  • Accounting Standard means GAAP.

  • financial creditor means any person to whom a financial debt is owed and includes a person to whom such debt has been legally assigned or transferred to;

  • Financial Crime Risk Management Activity means any action to meet Compliance Obligations relating to or in connection with the detection, investigation and prevention of Financial Crime that the Bank or members of the HSBC Group may take.

  • Balance Sheet has the meaning set forth in Section 3.06.

  • Financial Contribution means a contribution from an implementing partner in the form of own risk-taking capacity that is provided on a pari passu basis with the EU guarantee or in another form that allows an efficient implementation of the InvestEU Programme while ensuring appropriate alignment of interest;