Flow of Funds Statement definition

Flow of Funds Statement means a flow of funds statement relating to payments to be made and credited by all of the parties on the Closing Date (including wire instructions therefor) as prepared by the Parent Borrower and its financial advisor in consultation with (and approved by) the Administrative Agent and the Required Lenders (which such approval may be communicated via email from the Lender Advisor).
Sample 1Sample 2Sample 3
Flow of Funds Statement has the meaning set forth in Section 2.05(b).
Sample 1Sample 2Sample 3
Flow of Funds Statement means a flow of funds statement relating to payments to be made and credited by all of the parties on the Closing Date (including wire instructions therefor) as prepared by the Borrower and its financial advisor in consultation with (and approved by) the Administrative Agent, the Specified Lender Advisors and the Sponsor Advisors.
Sample 1Sample 2

Examples of Flow of Funds Statement in a sentence

  • The Administrative Agent and the Lenders shall have received a Flow of Funds Statement in form and substance acceptable to the Required Lenders.

  • The Selling Companies agree that the Purchase Price shall be decreased by such amount as shown on the Flow of Funds Statement.

  • The Purchasers are authorized and directed by the Selling Companies to pay the Purchase Price directly to the Persons set forth on the Flow of Funds Statement in lieu of making payment of the Purchase Price directly to the Selling Companies.

  • At the Closing, the relevant Parties shall execute a Flow of Funds Statement in substantially the form attached hereto as Attachment B (the “Flow of Funds Statement”).

  • The Parties acknowledge and agree that the Seller owes certain sums to the Business Purchaser related to the production and sale of products by Seller pursuant to the Inventory Agreement and certain other matters, all as detailed on Attachment C hereto, the amount of which is set forth on the Flow of Funds Statement.

  • The Purchase Price (x) plus or minus, as the case may be, Estimated Unexecuted Program Adjustment, (y) minus the (i) Closing Indebtedness, (ii) Closing Transaction Expenses and (iii) Escrow Amount, shall be paid to Seller at the Closing by wire transfer of immediately available funds to the account specified in the Flow of Funds Statement (“Closing Date Payment”).

  • This report analyzes the financial impact to the city and is based on the attached Flow of Funds Statement.

  • Roger Figard, City Engineer, reviewed the following materials (Exhibit C): * Railroad Transportation Safety District Annual Operating Budget Request for FY1999- 2000* Railroad Transportation Safety District, 1999-2009 Capital Improvement Program* Railroad Transportation Safety District, Flow of Funds Statement, As of June 30, 1999 Figard stated $7,000,000 in unexpended funds for the “X” Street railroad track relocation project has been re-budgeted for FY1999/2000 to finish the project.

  • The Flow of Funds Statement shows the internal cash generation, changes in the balance sheet between the previous year and the current year, uses of funds to cover debt service payments and capital investment requirements, and other sources of funds not coming from operations, such as loan proceeds, donated funds, or additional equity contributions.

  • In the event that the Reference Amount exceeds the estimate of Closing Working Capital set forth on the Flow of Funds Statement (such excess amount, the “Deficit Amount”) , each of (x) the Closing Date Merger Consideration and (y) the Reference Amount shall be reduced dollar-for-dollar by the Deficit Amount.


More Definitions of Flow of Funds Statement

Flow of Funds Statement means a “flow of funds” statement, prepared for purposes of distributing the amounts payable in connection with the closing of the Transactions, in form and substance reasonably satisfactory to the Investors.
Sample 1Sample 2
Flow of Funds Statement means the statement agreed between ProjectCo and the Majority Creditor on or prior to the Issue Date detailing the transfer of funds from the Escrow Account to the Operating Account, and certain other persons immediately following the proceeds of the EIB Loan and the issue of the Bonds being credited to the Escrow Account;
Sample 1
Flow of Funds Statement setting forth: (A) the Base Purchase Price; (B) the Closing Date Adjustment; and (C) the applicable payees, amounts payable and wire instructions for all amounts payable under Section 2(b) hereof.
Sample 1
Flow of Funds Statement means a statement of the source and application at Closing of funds required for the making of the initial Loans hereunder and the consummation of the Related Transactions, certified by the Company as true and correct.
Sample 1
Flow of Funds Statement shall have the meaning set forth in Section 5.16.
Sample 1
Flow of Funds Statement means the Flow of Funds Statement in the agreed terms;
Sample 1

Related to Flow of Funds Statement

  • Funds Flow Statement means a funds flow statement in agreed form.

  • Flow of Funds Agreement means a flow of funds agreement, dated as of even date herewith, in form and substance reasonably satisfactory to Agent, executed and delivered by each Loan Party and Agent.

  • CREFC® Reconciliation of Funds Template A report substantially in the form of, and containing the information called for in, the downloadable form of the “Reconciliation of Funds Template” available as of the Closing Date on the CREFC® Website, or such other form for the presentation of such information and containing such additional information as may from time to time be approved by the CREFC® for commercial mortgage securities transactions generally.

  • Borrowing Base Certificate means a certificate, signed and certified as accurate and complete by a Financial Officer of the Borrower Representative, in substantially the form of Exhibit C or another form which is acceptable to the Administrative Agent in its sole discretion.

  • MERS Report The report from the MERS System listing MERS Designated Mortgage Loans and other information.

  • Auditor’s Report means the auditor’s report on the Financial Report; “AEDT” means Australian Eastern Daylight Standard Time.

  • Servicer’s Report means any report of the Servicer delivered pursuant to Section 3.1(a) of the Administration Agreement, substantially in the form acceptable to the Administrator.

  • Release Certificate means a Release Certificate in the form attached to this Appendix "C" as Schedule 2 executed by a duly authorized officer of the Custodian and delivered by the Custodian to the applicable Fund by facsimile transmission or in such other manner as such Fund and the Custodian may agree in writing.

  • Borrowing Base Report means a report in substantially the form of Exhibit E (or such other form approved by Administrative Agent) certified by a Responsible Officer of Borrower.

  • Objections Statement has the meaning set forth in Section 1.02(d).

  • Closing Statement means the Closing Statement in the form on Annex A attached hereto.

  • Borrowing Certificate means a Borrowing Certificate substantially in the form of Exhibit A.

  • Servicing Report has the meaning assigned to that term in Section 6.08(b).

  • Compliance Certificate means a certificate substantially in the form of Exhibit C.

  • Section 404 Report means management’s report on “internal control over financial reporting” as defined by the SEC and the related attestation report of the independent certified public accountant as described in Section 3(A)(1).

  • Reconciliation Report refers to the Reconciliation Report as referenced in s. 1 of Reg 200/21 under Connecting Care Act, 2019.

  • Settlement Statement means a statement substantially in the form of Exhibit A to the 2014-A Servicing Supplement.

  • Servicer Certification As defined in Section 3.22(b) hereof.

  • Account Statement means a periodic statement of the transactions credited or debited to an Account;

  • Responsible Officer Certification means, with respect to the financial statements for which such certification is required, the certification of a Responsible Officer of the Lead Borrower that such financial statements fairly present, in all material respects, in accordance with GAAP, the consolidated financial condition of the Lead Borrower as at the dates indicated and its consolidated income and cash flows for the periods indicated, subject to changes resulting from audit and normal year-end adjustments.

  • Collection Report means the monthly report prepared by the Primary Servicer setting forth, with respect to each Mortgage Loan and the most recently ended Collection Period prior to the due date of such report, the information described on Exhibit G attached hereto.

  • Final delivery certificate means the document issued by the COE confirming that all the known defects have been rectified and that the works, goods or services appear in good order and have been accepted;

  • Acceptance Certificate (11/18) means a written instrument by which the City notifies Contractor that a Deliverable has been Accepted or Accepted with exceptions, and Acceptance Criteria have been met or waived, in whole or in part.

  • Monthly Report means a report, in substantially the form of Exhibit X hereto (appropriately completed), furnished by the Servicer to the Agent pursuant to Section 8.5.

  • Transaction Report is that certain report of transactions and schedule of collections in the form attached hereto as Exhibit C.

  • E-Statement means an electronic version of daily confirms, monthly, quarterly or annual statements, and shareholder tax statements created with investor transaction data housed on DST’s TA2000® mutual fund record keeping system, with images available online via a secure web site.