Funding Commitment definition

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

  • The Company reserves the right to require the Customer to seek SLD reimbursement (instead of receiving discounted Company bills) if the Customer has not received its Funding Commitment Decision Letter from the SLD by December 31 of the funding year.

  • Upon notification, the Company will apply discounts to the Customer’s invoices or reimburse the Customer according to the Funding Commitment Decision Letter.

  • The Customer will notify the Company in writing within 30 days of its receipt of a Funding Commitment Decision Letter from the SLD along with a copy of the notice and other relevant documentation as requested by the Company.

  • The vendor commits to honor pricing and scope of work (some part substitutions might be required over time) for up to 18 months while awaiting a Funding Commitment Decision Letter.

  • The library has the right, but not the obligation to request service to begin prior to Funding Commitment Decision Letter and approval of funding from SLD.


More Definitions of Funding Commitment

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 executed after the Closing Date, as applicable.
Funding Commitment means a written commitment by the City to provide a tax exemption upon completion of Eligible Work and fulfilment of the terms of this Agreement;
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 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.