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, 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 the following:

Examples of Funding Base in a sentence

No Borrowing Base Deficiency or Funding Base Deficiency shall exist immediately prior and after giving effect to such Transaction.
Each LEA’s transportation basic allotment is calculated by multiplying its Funding Base by its Budget Rating.
Each Receivable which at any time is treated as an Eligible Receivable in any computation of the Funding Base or otherwise in connection with reports or statements delivered to any Agent or Lender hereunder qualifies as of the date of which such report or statement speaks as an Eligible Receivable.
Locals and councils of locals with full-time equivalency (FTE) of per capitas paid to the CFT of 1000 or fewer shall receive on a monthly basis a staff funding program from the CFT equal to seventy percent (70%) of Staff Funding Base of per capitas paid to the CFT by the local or council of locals.
Base Funding: Base Funding is allocated for required grant activities, including administration, residential communications, municipal facilities/parks verification and employee education, and special collections.

More Definitions of Funding Base

Funding Base means, as of any date, (a) the Net Eligible Receivables Balance multiplied by (b) a percentage equal to 100% minus the Reserve Percentage.

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

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.

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

Funding Base means, as of any date of determination, an amount equal to (a) the Net Receivables Balance at such time, multiplied by (b) the difference of 100% minus the Required Reserve Percentage at such time.

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