Funding Gap definition

Funding Gap means the amount by which projected development costs exceed projected available funds.
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 the amount of the Companies’ assets and projected future premiums and the amount of their projected future policy benefit payment obligations and other expenses determined collectively or individually for ANIC and PTNA.

Examples of Funding Gap in a sentence

  • The progress on closing the Funding Gap will continue to be monitored throughout the year.

  • For an annotated list of CRS products that relate to the FY2014 shutdown, see CRS Report R43250, CRS Resources on the FY2014 Funding Gap, Shutdown, and Status of Appropriations, by Justin Murray.

  • For Tier 2, an Organizational Unit's Funding Gap equals the tier's Target Ratio, as described in paragraph (5) of this subsection (g), multiplied by the Organizational Unit's Adequacy Target, with the resulting amount reduced by the Organizational Unit's Final Resources and its Tier 1 funding allocation.

  • To determine the Organizational Unit's Funding Gap, the resulting amount is then multiplied by a factor equal to one minus the Organizational Unit's Local Capacity Target percentage.

  • Each Organizational Unit within Tier 1 or Tier 2 receives an allocation of New State Funds equal to its tier Funding Gap, as defined in the following sentence, multiplied by the tier's Allocation Rate determined pursuant to paragraph (4) of this subsection (g).

  • For an annotated listing of CRS resources related to the FY2014 shutdown, see CRS Report R43250, CRS Resources on the FY2014 Funding Gap, Shutdown, and Status of Appropriations, by Justin Murray.

  • Regenerative Medicine: Business Models, Venture Capital and the Funding Gap.

  • This table is from The Funding Gap 2004: Many States Still Shortchange Low-income and Minority Students, a study written by Kevin Carey and published by The Education Trust.

  • It is however a way for the festival organisers to help reduce the overall carbon emissions and they will continue to do this in the future and encourage festival-goers to use it.

  • Are a Funding Gap and a Shutdown the Same Thing?No; although a shutdown may result from a funding gap, the two events are distinct.


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

Related to Funding Gap

  • Funding Loss means the amount (which shall be payable on demand by Lender) necessary to promptly compensate Lender for, and hold it harmless from, any loss, cost or expense incurred by Lender as a result of:

  • Funding Guarantor as defined in Section 7.2.

  • Funding Amount has the meaning specified in Section 3.2(a).

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Specified Reserve Account Balance means, for any Payment Date, an amount equal to 1.00% of the Pool Balance as of the Cut-Off Date; provided, however, on any Payment Date after the Notes are no longer Outstanding following payment in full of the principal and interest on the Notes, the “Specified Reserve Account Balance” shall be $0.

  • Excess Cash Flow Percentage 50%; provided that the Excess Cash Flow Percentage shall be reduced to (a) 25% if the Consolidated Total Leverage Ratio as of the last day of the relevant fiscal year is not greater than 3.75 to 1.00 and (b) to 0% if the Consolidated Total Leverage Ratio as of the last day of the relevant fiscal year is not greater than 2.25 to 1.00.

  • Yield Supplement Overcollateralization Amount means, with respect to any calendar month and the related Payment Date, or with respect to the Closing Date, the aggregate amount by which the Principal Balance as of the last day of the related Collection Period or the Cutoff Date, as applicable, of each of the related Receivables with an APR as stated in the related contract of less than the Required Rate, other than Defaulted Receivables, exceeds the present value, calculated by using a discount rate equal to the Required Rate, of each scheduled payment of each such Receivables assuming such scheduled payment is made on the last day of each month and each month has 30 days.

  • Funding Year means in the case of the first Funding Year, the period commencing on the Effective Date and ending on the following March 31, and in the case of Funding Years subsequent to the first Funding Year, the period commencing on the date that is April 1 following the end of the previous Funding Year and ending on the following March 31;

  • Book Capital Account means, for any Holder at any time, the Book Capital Account of the Holder for such day, determined in accordance with Section 8.1 hereof.

  • Target Capital Account means the Capital Account of a Member as of the end of each fiscal year, increased by any amount that such Member is obligated to restore under this Agreement, is treated as obligated to restore under Treasury Regulations Section 1.704-1(b)(2)(ii)(c), or is deemed obligated to restore under the penultimate sentences of Treasury Regulations Section 1.704-2(g)(1) and (i)(5).