Fully Fund definition

Fully Fund means that on a consolidated basis, the Issuer and its Restricted Subsidiaries have a sufficient amount of free cash flow during the expected period of procurement or construction to completion of a Satellite based on the Issuer’s most recent forecast, together with the dollar amount of any award from the National Geospatial-Intelligence Agency for such Satellite, the balances of cash and Cash Equivalents as shown on the most recent internal financial statements and the committed and undrawn borrowing capacity under Credit Facilities not maturing during such period, to finance all costs and expenses associated with the procurement or construction of a complete Satellite (excluding launch costs and insurance and In-Orbit Insurance).
Fully Fund shall have a meaning correlative thereto.
Fully Fund shall have a meaning correlative thereto. “GAAP” shall mean generally accepted accounting principles and practices as in effect from time to time in the United States of America. “Governmental Authority” shall mean any federal, state, provincial, local or foreign court or governmental agency, authority, instrumentality or regulatory or legislative body. “Government Official” shall mean any officer or employee of a government or government- owned or controlled entity or of a public international organization, or any person acting in an official capacity for or on behalf of any of the foregoing, or any political party or party official or candidate for political office. “Guarantee” shall mean a guarantee other than by endorsement of negotiable instruments for collection in the ordinary course of business, direct or indirect, in any manner including, without limitation, by way of a pledge of assets or through letters of credit or reimbursement agreements in respect thereof, of all or any part of any Indebtedness (whether arising by virtue of partnership arrangements, or by agreements to keep-well, to purchase assets, goods, securities or services, to take or pay or to maintain financial statement conditions or otherwise). “Hazardous Materials” shall mean all pollutants, contaminants, wastes, chemicals, materials, substances and constituents, including explosive or radioactive substances or petroleum or petroleum distillates, asbestos or asbestos containing materials, polychlorinated biphenyls or radon gas, of any nature, in each case to the extent subject to regulation or for which liability can be imposed under any Environmental Law. “Hedging Obligations” shall mean, with respect to any specified Person, the obligations of such Person under (a) interest rate swap agreements (whether from fixed to floating or from floating to fixed), interest rate cap agreements and interest rate collar agreements; (b) other agreements or arrangements

Examples of Fully Fund in a sentence

  • Thereafter, on each date referred to in the next sentence, the Borrower shall Fully Fund the Debt Service Reserve Account with, to the extent available, (x) cash withdrawals from the Revenue Account permitted under Section 2.19(c)(v) and/or (y) one or more additional DSR Guarantees (or supplements to existing DSR Guarantees) and/or DSR Letters of Credit.

  • Recommendation VIII: Fully Fund Transition Impact Aid The Task Force recommends that the legislature fully fund Transition Impact Aid according to the levels and terms set forth in the current statute.

  • On the Closing Date, the Borrower shall Fully Fund the Debt Service Reserve Account up to the DSR Requirement Amount as of the Closing Date with cash or a Sponsor Guaranty.

  • RSPA’s New Rule Increased Registration Base and Fees to Fully Fund the HMEP Program According to agency officials, RSPA decided to expand the hazardous materials program’s registration base to collect more funds.

  • On the Closing Date, the Borrower shall Fully Fund the Debt Service Reserve Account up to the DSR Requirement Amount as of the Closing Date with a DSR Guaranty.

  • Public Works RES-2015-67Approve the Replacement of FAC-13, a 2004 Chevrolet 3/4 Ton Utility Body Truck, Assigned to the Facilities Maintenance Division; and Approve Budget Action Transferring Funds from the Facilities Maintenance Budget to the Vehicle Replacement Fund to Fully Fund the Replacement ($9,606) 4/5ths Vote RequiredCA16.

  • Motion by Vanderpool, seconded by Veldkamp, and after a unanimous roll call vote, approved Resolution to Fully Fund Special Education Services (Federal).

  • Create an income stream ("segment") by selecting ONE of these three options: Fully Fund Your Guarantee* Systematically Fund Your Combination - Lump Sum and Guarantee Systematic Transfers* Invest a lump sum of $_______ in the Transfer $_______ per month (minimum Invest a lump sum of $ GIS Subaccount to fully fund my of $100) to the GIS Subaccount ___________ in the GIS systematic transfers of $ until income begins in __years (at Subaccount to partially fund my _______(minimum of $100).

  • The IRS also plans to save by deferring lower priority space and housing projects and focusing on higher priority projects.This budget request proposes to reinvest these savings to Fully Fund Postage Base.

  • Coalition of aviation groups included the American Association of Airport Execu- tives and U.S. Contract Tower Association: AAAE/USCTA Lead Coalition in Asking Congress to Fully Fund Contract Towers (Feb.


More Definitions of Fully Fund

Fully Fund when used as a verb shall have a correlative meaning.
Fully Fund shall have a meaning correlative thereto. 149 “GAAP” shall mean generally accepted accounting principles and practices as in effect from time to time in the United States of America.
Fully Fund when used as a verb shall have a correlative meaning.”
Fully Fund means to fund the Tax Revenue Bond DSRF, or the Surplus Fund, as appropriate in context, up to the levels specified in paragraphs 5(j) (1), (2) and (3) of this Memorandum

Related to Fully Fund

  • Fully funded means, with respect to any exposure attributed to a protected cell, that the fair value of the protected cell assets, on the date on which the insurance securitization is effected, equals or exceeds the maximum possible exposure attributable to the protected cell with respect to such exposures.

  • CF Shadow Series means a series of Capital Stock that is identical in all respects to the shares of Capital Stock (whether Preferred Stock or another class issued by the Company) issued in the relevant Equity Financing (e.g., if the Company sells Series A Preferred Stock in an Equity Financing, the Shadow Series would be Series A-CF Preferred Stock), except that:

  • Revenue Fund means the fund so designated in, and created pursuant to, Section 502 hereof.

  • Sub-Fund means a segregated pool of assets and liabilities into which the Trust Fund is divided, established under the Trust Deed and the relevant supplemental deed as a separate trust as described in the relevant Appendix.

  • Class B Class C," "Class D," "Class E," "Class F," "Class G," "Class H," "Class J," "Class K," "Class L," "Class M," "Class N," "Class O," "Class R-I," "Class R-II" and "Class R-III" respectively, on the face thereof, in substantially the form attached hereto as Exhibits.

  • Class HI M-1 Formula Interest Distribution Amount" means, as to any Payment Date, the sum of (a) the amount specified in clause (a) of the definition of the term "Class HI: M-1 Formula Distribution Amount" and (b) the Unpaid Class HI: M-1 Interest Shortfall, if any.

  • Preferred ’ means any of the above securities that are publicly traded on a recognized securities exchange and the securities have a rating of ‘‘A’’ or above. If the securities are not ‘‘Preferred,’’ they are listed as ‘‘Other.’’

  • Class H designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Series A or “Series A Equipment Notes” means Equipment Notes issued and designated as “Series A Equipment Notes” under the Indenture, in the original principal amount and maturities as specified in Schedule I to the Indenture under the heading “Series A Equipment Notes” and bearing interest at the Debt Rate for Series A Equipment Notes specified in Schedule I to the Indenture.

  • Preferred Stock Issuance means the issuance or sale by any Company of any Preferred Stock after the Closing Date.

  • Class A LP Units means the Class A limited partnership units of the Partnership.

  • Class C Class D," "Class E," "Class F," "Class G," "Class H," "Class J," "Class K," "Class L," "Class M," "Class N," "Class O," "Class R-I," "Class R-II" and "Class R-III" respectively, on the face thereof, in substantially the form attached hereto as Exhibits.

  • OP Unit Economic Balance has the meaning set forth in Section 6.03(c) hereof.

  • Class B Units means the Class B Units of the Company.

  • Special Fund means the fund by that name created in Section 7.1. “State” means the State of Nebraska.

  • Class B Common Units has the meaning set forth in Section 1(a) hereof.

  • Class C Member means a Member holding the Class C Ordinary Share.

  • Partnership Unit Economic Balance means (i) the Capital Account balance of the General Partner plus the amount of the General Partner’s share of any Partner Minimum Gain or Partnership Minimum Gain, in each case to the extent attributable to the General Partner’s Partnership Units divided by (ii) the number of the General Partner’s Partnership Units.

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

  • General Subaccount is defined in Section 8.02(a) of the Indenture.

  • Class B Common Unit means one of that certain class of Common Units with those special rights and obligations specified in this Agreement as being appurtenant to a “Class B Common Unit”.

  • Series B or “Series B Equipment Notes” means Equipment Notes issued and designated as “Series B Equipment Notes” under the Indenture, in the original principal amount and maturities as specified in Schedule I to the Indenture under the heading “Series B Equipment Notes” and bearing interest at the Debt Rate for Series B Equipment Notes specified in Schedule I to the Indenture.

  • Class B-1 Percentage As to any Distribution Date, the percentage calculated by multiplying the Subordinated Percentage by either (i) if any Class B Certificates (other than the Class B-1 Certificates) are eligible to receive principal distributions for such Distribution Date in accordance with Section 4.01(d), a fraction, the numerator of which is the Class B-1 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d) or (ii) except as set forth in Section 4.01(d)(ii), in the event that the Class B Certificates (other than the Class B-1 Certificates) are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), one.

  • Common Unit Economic Balance means (i) the Capital Account balance of the General Partner, plus the amount of the General Partner’s share of any Partner Minimum Gain or Partnership Minimum Gain, in either case to the extent attributable to the General Partner’s ownership of Partnership Common Units and computed on a hypothetical basis after taking into account all allocations through the date on which any allocation is made under Section 6.2.D hereof, divided by (ii) the number of the General Partner’s Partnership Common Units.

  • Class C Monthly Interest is defined in Section 4.1(c).

  • Special Limited Partner Interest means the interest of the Special Limited Partner in the Partnership representing its right as the holder of an interest in distributions described in Sections 5.1(b)(iii)(A), (c), (d) and (e) (and any corresponding allocations of income, gain, loss and deduction under this Agreement).