Funding Liability definition

Funding Liability means (a) any Eurodollar deposit which was used (or deemed by Section 3.2.6 to have been used) to fund any portion of a Loan subject to a Eurodollar Pricing Option, and (b) any portion of a Loan subject to a Eurodollar Pricing Option funded (or deemed by Section 3.2.6 to have been funded) with the proceeds of any such Eurodollar deposit.
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Funding Liability for a plan year means the
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Funding Liability means (a) any deposit which was used (or deemed by Section 3.2.6 to have been used) to fund any portion of the Loans subject to a LIBOR Pricing Option, and (b) any portion of the Loans subject to a LIBOR Pricing Option funded (or deemed by Section 3.2.6 to have been funded) with the proceeds of any such deposit.
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Examples of Funding Liability in a sentence

  • Promptly after the occurrence thereof, notice of any change in the Canadian Employee Funding Liability Reserve or the US Employee Funding Liability Reserve.

  • This mixture does not meet the PBT and/or vPvB- criteria of REACH regulation, annex XIII.

  • The Coast Guard achieved significant milestones with the publication of PIAs for the National Pollution Funds Center-Pollution Response Funding, Liability, and Compensation System, the Core Accounting Suite, and the Marine Information for Safety and Law Enforcement System.

  • If the Plan Sponsor does not timely fund the Security Amount or the Total Balance Funding Liability, a late payment fee in an amount equal to the greater of $100 per day or two- tenths of one percent (0.20%) of the amount due per day will be assessed.

  • In this paper we address four common challenges associated with (Project Funding, Liability and Safety, Faculty Recognition, and Student Assessment) and attempt to broaden the acceptance of EB by presenting strategies to benefit faculty intending to develop their own programs.

  • If the Plan Sponsor fails to pay or deposit or cause to be paid or deposited any sum required hereunder to satisfy payment of Total Balance Funding Liability or Miscellaneous Fees, by the relevant due date (for example, it fails to pay the deposit funds sufficient to meet the outstanding claims on the deposit due date for any reason), BCBSNC shall have the right to immediately suspend payment of claims hereunder.

  • Notes to supplement the following table: Heritage Lottery Funding Liability: RED = Cost to the Council, GREEN = No Cost to the Council.

  • Purchaser shall have duly performed all of the covenants and agreements to be performed by it hereunder on or prior to the Closing Date.

  • The Plan Sponsor shall pay amounts representing Total Balance Funding Liability for Group Health Plan benefits processed under this Agreement in the amount and the manner set forth in Exhibit C.

  • The Plan Sponsor is delinquent in funding amounts necessary to pay the Total Balance Funding Liability or Miscellaneous Fees due under this Agreement.


More Definitions of Funding Liability

Funding Liability means (a) any LIBOR deposit which was used (or deemed by Section 3.2.6 to have been used) to fund any portion of the Loan subject to a LIBOR Pricing Option, and (b) any portion of the Loan subject to a LIBOR Pricing Option funded (or deemed by Section 3.2.6 to have been funded) with the proceeds of any such LIBOR deposit.
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Funding Liability means (i) any Eurodollar deposit which was used (or deemed by Section 3.9 to have been used) to fund any portion of the Loans subject to a Eurodollar Pricing Option or (ii) any portion of the Loans subject to a Eurodollar Pricing Option funded (or deemed by Section 3.9 to have been funded) with the proceeds of any such Eurodollar deposit."
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Funding Liability means a Liability relating to, arising out of or in connection with (i) the ownership, business or operations of the Funding Hotels (or any of them), whether arising before or after the effective date of the Formation and Structuring Transactions, (ii) the Formation and Structuring Transactions, including the IPO or (iii) wages, compensation and benefits owed to employees of SHC LLC or any of its subsidiaries who are or become employees of any member of the SHC Funding Group in connection with the Formation and Structuring Transactions.
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Funding Liability means (a) any deposit which was used (or deemed by Section 3.2.6 to have been used) to fund any portion of the Loans subject to a LIBOR Pricing Option, and (b) any portion of the Loans subject to a LIBOR Pricing Option funded (or deemed bySection 3.2.6 to have been funded) with the proceeds of any such deposit.
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Funding Liability means (a) any deposit which was used (or deemed by ----------------- Section
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Related to Funding Liability

  • Hedging Liability means the liability of the Borrower or any Subsidiary to any of the Lenders, or any Affiliates of such Lenders, in respect of any interest rate, foreign currency, and/or commodity swap, exchange, cap, collar, floor, forward, future or option agreement, or any other similar interest rate, currency or commodity hedging arrangement, as the Borrower or such Subsidiary, as the case may be, may from time to time enter into with any one or more of the Lenders party to this Agreement or their Affiliates.

  • Assumed Servicing Liability means any Liabilities with respect to any Serviced Appointments (or Serviced Corporate Trust Contracts) that arise out of or relate to facts, circumstances, actions, omissions and/or events occurring from and after the Closing and prior to the applicable Succession Time for such Serviced Appointment; provided that Assumed Servicing Liability shall not include any Liabilities that arise out of or relate to facts, circumstances, actions, omissions and/or events with respect to any Retained Duties or any matters for which Seller or any of its Affiliates is responsible pursuant to Section 3.9.

  • Hedging Liabilities means the Liabilities owed by any Debtor to the Hedge Counterparties under or in connection with the Hedging Agreements.

  • Interest Funding Account shall have the meaning specified in subsection 4.2(b).

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

  • UK Bail-in Liability means a liability in respect of which the UK Bail-in Powers may be exercised.

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

  • Liquidity Obligations means all principal, interest, fees and other amounts owing to the Liquidity Providers under the Liquidity Facilities, Section 8.1 of the Participation Agreements or the Fee Letters.

  • Risk Participation Liability means, as to each Letter of Credit, all reimbursement obligations of Borrowers to the Issuing Lender with respect to an L/C Undertaking, consisting of (a) the amount available to be drawn or which may become available to be drawn, (b) all amounts that have been paid by the Issuing Lender to the Underlying Issuer to the extent not reimbursed by Borrowers, whether by the making of an Advance or otherwise, and (c) all accrued and unpaid interest, fees, and expenses payable with respect thereto.

  • Indemnity Obligations means all obligations of the Company to Indemnitee under this Agreement, including the Company’s obligations to provide indemnification to Indemnitee and advance Expenses to Indemnitee under this Agreement.

  • Funding Loan means the Funding Loan in the original maximum principal amount of $ made by Funding Lender to Governmental Lender under the Funding Loan Agreement, the proceeds of which are used by the Governmental Lender to make the Borrower Loan.

  • Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.

  • Intra-Group Liabilities means the Liabilities owed by any member of the Group to any of the Intra-Group Lenders.

  • Contingent Liability means any agreement, undertaking or arrangement by which any Person guarantees, endorses or otherwise becomes or is contingently liable upon (by direct or indirect agreement, contingent or otherwise, to provide funds for payment, to supply funds to, or otherwise to invest in, a debtor, or otherwise to assure a creditor against loss) the indebtedness, obligation or any other liability of any other Person (other than by endorsements of instruments in the course of collection), or guarantees the payment of dividends or other distributions upon the shares of any other Person. The amount of any Person’s obligation under any Contingent Liability shall (subject to any limitation set forth therein) be deemed to be the outstanding principal amount (or maximum outstanding principal amount, if larger) of the debt, obligation or other liability guaranteed thereby.

  • Unfunded Pension Liability means the excess of a Pension Plan’s benefit liabilities under Section 4001(a)(16) of ERISA, over the current value of that Pension Plan’s assets, determined in accordance with the assumptions used for funding the Pension Plan pursuant to Section 412 of the Code for the applicable plan year.

  • Controlled Disbursement Account means any accounts of the Borrowers maintained with the Administrative Agent as a zero balance, cash management account pursuant to and under any agreement between a Borrower and the Administrative Agent, as modified and amended from time to time, and through which all disbursements of a Borrower, any other Loan Party and any designated Subsidiary of a Borrower are made and settled on a daily basis with no uninvested balance remaining overnight.

  • Deposit Liabilities means all of Seller's duties, obligations and liabilities relating to the deposit accounts of the Branches as of the Effective Time (including accrued but unpaid or uncredited interest thereon).

  • Aircraft Liability This policy does not cover "aircraft liability".

  • Seller Obligations means all present and future indebtedness, reimbursement obligations, and other liabilities and obligations (howsoever created, arising or evidenced, whether direct or indirect, absolute or contingent, or due or to become due) of the Seller to any Purchaser Party, Seller Indemnified Party and/or any Affected Person, arising under or in connection with this Agreement or any other Transaction Document or the transactions contemplated hereby or thereby, and shall include, without limitation, all obligations of the Seller in respect of the Seller Guaranty and the payment of all Capital, Yield, Fees and other amounts due or to become due under the Transaction Documents (whether in respect of fees, costs, expenses, indemnifications or otherwise), including, without limitation, interest, fees and other obligations that accrue after the commencement of any Insolvency Proceeding with respect to the Seller (in each case whether or not allowed as a claim in such proceeding).

  • Controlled Group Liability means any and all liabilities (i) under Title IV of ERISA, (ii) under Section 302 of ERISA, (iii) under Sections 412 and 4971 of the Code, (iv) as a result of a failure to comply with the continuation coverage requirements of Section 601 et seq. of ERISA and Section 4980B of the Code, and (v) under corresponding or similar provisions of foreign laws or regulations.

  • Defects Liability Expiry Certificate means the certificate to be issued by the Client to the Contractor, in accordance with the Contract.

  • Agent Payment Account means account no. 5000000030266 of Agent at Wachovia Bank, National Association, or such other account of Agent as Agent may from time to time designate to Administrative Borrower as the Agent Payment Account for purposes of this Agreement and the other Financing Agreements.

  • Disbursement Account means, in respect of each Tranche, the bank account set out in the most recent List of Authorised Signatories and Accounts.

  • Safety Obligations means all applicable obligations concerning health and safety (including any duty of care arising at common law, and any obligation arising under statute, statutory instrument or mandatory code of practice) in Great Britain;

  • Unfunded Pension Liabilities means the excess of a Plan’s benefit liabilities under Section 4001(a)(16) of ERISA, over the current value of that Plan’s assets, determined in accordance with the assumptions used by the Plan’s actuaries for funding the Plan pursuant to Section 412 of the Code for the applicable plan year.

  • Hovercraft Liability This policy does not cover "hovercraft liability".