Funding Base definition

Funding Base means, at any time, an amount equal to (i) the Net Receivables Balance at such time, multiplied by (ii) the difference of 100% minus the Reserve Percentage at such time.

Funding Base means, as of any date, an amount equal to (I)(a) the Net Eligible Receivables Balance multiplied by (b) a percentage equal to 100% minus the Reserve Percentage minus (II)(a) that portion of the Net Eligible Receivables Balance constituting Destination Sales Receivables multiplied by (b) 4% (provided that such 4% amount shall be subject to confirmation on an annual basis on each June 30th by the Committed Purchasers, and if the Committed Purchasers specify a higher percentage in a written notice to the Seller and the Master Servicer, such higher level shall be applicable until the following June 30th).

Funding Base means the following:

Examples of Funding Base in a sentence

• Not later than June 1, 2017, the Minister will notify the Society of the FFS Funding Base and the GEI Amount for the 2017-2018 Contract Year.

• The Parties agree that the FFS Base Amount for the purposes of calculating the FFS Funding Base for the 2016-2017 Contract Year is $473,887,642.00, comprised of Cash Payments made or funding allocated by the Minister under the categories in Section 3.2 pursuant to the Predecessor Agreement during or in respect of the period from April 1, 2015 to March 31, 2016, as summarized in Schedule O.

• Not later than May 1 of the Contract Year immediately preceding the Applicable Contract Year (the “Current Contract Year”), the Minister will notify the Society of the FFS Funding Base and the GEI Amount for the Applicable Contract Year.

• The Minister will provide the FFS Funding Base for each Contract Year for payment of FFS Physician accounts for entitled services furnished on a fee for service basis, and for payment in respect of the other services and programs described in this Part B and the associated Schedules.

• All revenues collected under the HSO Program, including revenues collected for the provision of services to non-HSO Type of Funding Base Source Public Health clients such as Ontario Works adults, Ontario Disability Support Program adults, municipal clients, etc., with HSO resources must be reported as income in the quarterly financial reports, annual reconciliation reports, and Program-Based Grants budget submissions.

More Definitions of Funding Base

Funding Base means the Net Receivables Balance multiplied by (100% minus the Reserve Percentage);

Funding Base or "Overconcentration Amount," (H) amend Section 2.10 or (I) amend or modify the levels or the calculation of the portfolio tests set forth in Section 7.01(f)."

Funding Base means the Adjusted Net Receivables Balance multiplied by (100% minus the Reserve Percentage);

Funding Base means, at any time, an amount equal to the sum of (a) the Outstanding Balance of Receivables the Obligors of which are United States residents, plus (b) the Outstanding Balance of Receivables the Obligor of which is Advanced Semiconductor, Orient Semiconductor or such other Obligors approved by the Administrator provided, that the obligations of such Obligors are supported by letter of credit arrangements and provided, further, that PNC provides documentary services for invoices supported by such letter of credit arrangements, plus (c) without duplication, the Outstanding Balance of Receivables the Obligors of which are residents of Hong Kong, Japan, Korea, Malaysia, Philippines, Singapore Taiwan or such other countries as may be mutually agreed

Funding Base means, in relation to the Initial Receivables Portfolio and each Additional Receivables Portfolio, an amount equal to the lower of:

Funding Base at any time, the aggregate at such time of (a) the Receivables Funding Base and (b) the Inventory Borrowing Base or, if such aggregate would exceed the Maximum Credit Line, the Maximum Credit Line;

Funding Base means an amount, calculated on each Settlement ------------ Date, equal to the product of (i) the present value of the Aggregate Adjusted Installment Payments, determined by discounting on a monthly basis (assuming a calendar year consisting of twelve thirty-day months) such Aggregate Adjusted Installment Payments at a rate equal to the Discount Rate and (ii) a percentage equal to 100% minus the Required Loss Reserve Percentage with respect to such ----- Settlement Date.