Funding Commitment has the meaning set forth in Section 2.2(b).

Funding Commitment means commission approval of the use of RISE funds for a project.

Funding Commitment means the aggregate principal amount of the loans or advances that Beneficiary is obligated to make to Producer to fund Production and Delivery under (and subject to the terms and conditions of) the Funding Agreement and the other Funding Documents (excluding therefrom the aggregate amount of the reserve for Interest and Charges and any collateral holdback or other holdbacks or reserves, if any, specified in the Funding Agreement).

Examples of Funding Commitment in a sentence

If the Baseline Funding commitment is not met in 2023, Commonwealth payments to States under the new long-term skills funding agreement may be reduced to offset the shortfall in funding.
The Commonwealth will not seek to offset shortfalls in funding driven by factors outside the control of States and where States have demonstrated best endeavours to fulfil the Baseline Funding commitment.
State contributions may be met through the allocation of funding under existing program streams but must be in addition to the agreed Baseline Funding commitment.
The Baseline Funding commitment has been determined by reference to 2019, based on the 2019 NCVER Funding Collection, with adjustments for agreed one-off spending and State funding contributions under Fee-Free TAFE (Table 1 refers).
Baseline Funding commitment means the agreed financial baseline for which additional contributions under the Fund is assessed in 2023.

More Definitions of Funding Commitment

Funding Commitment means, with respect to an LC Bank, the then available stated amount of its respective Credit Facility plus the principal amount of Advances evidenced by its Revolving Note.

Funding Commitment means projects funded for construction in the first year of an adopted work program, or committed by private sources which can include the Developer*, for construction with funding provided within one year.

Funding Commitment means, as to each Variable Funding Note Noteholder, the obligation of such Variable Funding Note Noteholder to fund its ratable share of Advances, on the Closing Date and on each Advance Date, up to but not exceeding the amount set forth under such Variable Funding Note Noteholder’s name on its signature page to the Note Purchase Agreement, or the most recent Joinder Agreement, as applicable.

Funding Commitment has the meaning set forth in Section 5.21(a).

Funding Commitment means MSHA’s official notification to an Applicant indicating that its application has been approved and stating the terms of a prospective financing.

Funding Commitment means a commitment from a Participant to contribute to the Loan Pool Fund and purchase Participation Interests in Loans made from the Loan Pool Fund. Each Participant's Funding Commitment and the total of all Funding Commitments are indicated in Exhibit A of this Agreement.

Funding Commitment means the funding commitment described in Clause 9.