Funding Adjustment means an update to the Schedule of Investments attached hereto as Annex I to account for a Spend Reconciliation in the form attached hereto as Exhibit B.
Funding Adjustment means the amount of any Funding Payments that have not been made under the Funding and Royalty Agreement. “Funding and Royalty Agreement” has the meaning set forth in the Recitals to this Agreement.
Funding Adjustment means the amount of any Funding Payments that have not been made under the Funding and Royalty Agreement.
Examples of Funding Adjustment in a sentence
Notwithstanding the foregoing, any failure by Arranger to facilitate a Funding Adjustment for any Growth Excess Spend, Growth Underspend or other applicable Spend Reconciliation shall not constitute a waiver of amounts due to related Investors of Reference Income.
Any such adjustment or any additional adjustment required to account for any applicable Spend Reconciliation shall be evidenced by a Funding Adjustment.
More Definitions of Funding Adjustment
Funding Adjustment means, (a) as of the Determination Dates occurring in March 1997, April 1997 and May 1997, an amount equal to the lesser of (w) $25,000,000, (x) an amount equal to $95,400,000 minus Primary Funding determined as of the applicable Determination Date, and (y) the Contractual Dilution Balance determined as of the applicable Determination Date, and (b) as of any Determination Date occurring after the month of May 1997, $0.
Funding Adjustment means an update to the Schedule of Investments attached hereto as Annex I to account for a Spend Reconciliation in the form attached hereto as Exhibit B. "Funding Threshold Breach" means, with respect to any Tested Cohort, the failure to satisfy on any day the Funding Threshold Test set forth in the Specified Commercial Terms;
Funding Adjustment has the meaning set forth in Section 2(b) below.
Funding Adjustment means an update to the Schedule of Investments attached hereto as Annex I to account for a Spend Reconciliation in the form attached hereto as Exhibit B. "Funding Threshold Breach" means, with respect to any Tested Cohort, the failure to satisfy on any day the Funding Threshold Test set forth in the Specified Commercial Terms; provided, however, that if only one (1) Tested Cohort (such Tested Cohort, a "Borderline Cohort") does not satisfy the Funding Threshold Test but such Borderline Cohort does satisfy the Borderline Funding Threshold Test, then such Borderline Cohort will be deemed to have satisfied the Funding Threshold Test and no Funding Threshold Breach will have occurred. For the avoidance of doubt, a Funding Threshold Breach will occur if at any time there is more than one
Funding Adjustment means, in respect of a Specified Currency and an Adjustment Date, (1) the sum of (x) in respect of Reference Obligations added to the Portfolio as of such Adjustment Date which are denominated in the relevant Specified Currency, the aggregate of the respective Settled Book Values thereof and (y) the aggregate of all Drawdown Amounts which are denominated in the relevant Specified Currency in respect of which the relevant Adjustment Date is a Drawdown Date, minus (2) the sum of (x) the aggregate of the Deletion Values applicable to all Reference Obligations in respect of which a Final Deletion Date occurs on such Adjustment Date that are denominated in the relevant Specified Currency, and (y) the aggregate of all Repayment Amounts which are denominated in the relevant Specified Currency in respect of which the relevant Adjustment Date is a Repayment Date.