Funding Commitments definition
Examples of Funding Commitments in a sentence
The State has authorized the total amount of grant award from the fund as shown in Attachment B, Amount of Grant Award and Funding Commitments, which is attached to this agreement.
On the Amendment No. 3 Effective Date, subject to the terms and conditions of this Agreement and Amendment No. 3, the Note Obligors shall request, as set forth in Section 1(f), and the Investors shall purchase Notes issued by the Note Obligors in a principal amount equal to not more than 100% of the aggregate Bridge Funding Commitments at a Funding Event (the “Bridge Funding Event”) on the date specified in the Funding Notice by the Note Obligors.
All sections of this project, other than those sections expressly identified as NON ERATE or ERATE Ineligible, are contingent upon Funding Commitments issued through the FCC E-RATE program, as identified through an FCDL issued by the USAC-SLD of the FCC to the customer.
Subject to their respective Total Funding Commitments, Alpharetta shall contribute 50% and the County shall contribute 50% of the funding required for the local government share of the construction costs of Phase 1-A, which costs shall include environmental mitigation costs and utility relocation costs.
For the avoidance of doubt, to the extent payable in accordance with the terms of this Agreement, the Backstop Commitment Premium will be payable regardless of the amount of Unsubscribed Shares (if any) actually purchased; provided that subject to Section 2.3, the Backstop Commitment Premium shall not be payable in respect of the Funding Commitments of any Defaulting Equity Commitment Party.