Funding Gap definition

Funding Gap means the amount by which projected development costs exceed projected available funds.

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Funding Gap means the net extra cost determined by the difference between the economic revenues and costs (including the investment and operation) of the aided project and those of the alternative project which the aid beneficiary would credibly carry out in the absence of aid. To determine the funding gap, the Member State must quantify, for the factual scenario and a credible counterfactual scenario, all main costs and revenues, the estimated weighted average cost of capital (‘WACC’) of the beneficiaries to discount future cash flows, as well as the net present value (‘NPV’) for the factual and counterfactual scenarios, over the lifetime of the project. The typical net extra cost can be estimated as the difference between the NPV for the factual scenario and for the counterfactual scenario over the lifetime of the reference project.

Funding Gap means the gap between: (1) the sum of (a) the amount of the Companies’ assets, (b) projected future premiums, and (c) projected earnings in investments and (2) the amount of the Companies’ future policy benefit payment obligations and other expenses, determined collectively or individually for ANIC and PTNA.

Examples of Funding Gap in a sentence

• If in any calendar year Advancis anticipates a Development Funding Gap or there is a Development Funding Gap, within its sole discretion, Advancis shall have the right (a) to continue to incur and self-fund the Development Costs for such calendar year and/or (b) to procure third party funding of such shortfall and/or (c) to modify or delay the Development Plan in order to adjust the amount or timing of funds needed thereunder to match the payments being made by Par pursuant to Exhibit B.

• The Parties shall work together in good faith to assist the Town in resolving the Funding Gap.

• The Funding Gap shall be resolved in a manner satisfactory to the Town in its sole discretion, prior to any bond issuance by the Town or the Town Housing Authority.

• The Parties agree that the Developer will not be required to contribute any funds to resolve the Funding Gap.

• The Parties acknowledge that the Development Costs currently include an estimated $4,000,000 funding gap (the "Funding Gap").

More Definitions of Funding Gap

Funding Gap means the difference between the positive and negative cash flows over the lifetime of the investment, discounted to their current value (typically using the cost of capital);

Funding Gap means the difference between the total expected discounted costs of the aided project and its expected discounted revenues over the reference period.

Funding Gap means the gap between an INVESTMENT’s cost with and without concessional finance.

Funding Gap means the net extra cost determined by the difference between the economic revenues and costs (including the investment and operation) of the aided project and those of the alternative project

Funding Gap means the net extra cost determined by the difference between the economic revenues and costs (including the investment and operation) of the aided project and those of the alternative project which the aid beneficiary would credibly carry out in the absence of aid. To determine

Funding Gap means the difference between the net present value (‘NPV’) of the project (the factual scenario) taking into account all expected future positive and negative cash-flows including taxes generated by the investment over its lifetime and a terminal value, discounted using the beneficiary’s weighted average cost of capital, and the NPV of all expected cash-flows related to the counterfactual investment (the counterfactual scenario);

Funding Gap means the gap between: (a) the sum of: (1) the amount of SHIP’s assets,