Funding Base definition

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).

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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 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.

• 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.

• 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.

• Type of Funding Base Source Public Health Local response plans, which can include harm reduction and education/prevention, initiatives, should contribute to increased access to programs and services, and improved health outcomes (i.e., decrease overdose and overdose deaths, emergency room visits, hospitalizations).

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