Funding Limit definition

Funding Limit means the amount specified in Item 7, being the maximum amount of financial accommodation that may be provided to the Owner on the terms set out in Annexure G. financial market (as defined in Chapter 7 of the Corporations Act) and any overseas stock or futures exchange. A person is Insolvent if:

Funding Limit. The maximum permitted amount, as stated in clause 12 of the Particulars or which we tell you in writing, on your Current Account at any time.

Funding Limit means the lesser of (i) the limit set out in paragraph 14 (or such other limit as we may notify to you in writing from time to time) or (ii) an amount equivalent to the Prepayment Percentage multiplied by the total amount of Outstanding Approved Book Debts;

Examples of Funding Limit in a sentence

• The portion of the costs that exceed the DERA Funding Limit is referred to as the “mandatory cost- share.” Meeting the mandatory cost-share is ultimately the responsibility of the grantee, however the mandatory cost-share is typically provided by project partners (e.g., fleet owners).

• Funding Limit: Total HDGF funds in the development cannot exceed 50 percent of the project’s total cost.

• Management contingency reserves are budget line items allocated for unplanned changes.• Funding Limit Reconciliation – Reconcile the expenditure of funds with the funding limits set by the performing organization on the disbursement of funds for the project.

• The Funding Seller may, at any time and from time to time, request in writing, with a copy to each of the Purchasing Entities, that the Bank Purchasers decrease the Funding Limit (a “Funding Limit Decrease Request”); provided that no such requested decrease shall be in an amount less than $10,000,000 and the aggregate of all of such requested decreases shall not exceed 20% of the greatest Funding Limit at any time since the Closing Date.

• Any such decrease shall take effect on the Settlement Date following such Funding Limit Decrease Request.

More Definitions of Funding Limit

Funding Limit means $950,000,000, as the same may be increased pursuant to Section 2.13 or decreased pursuant to Section 2.14.

Funding Limit means the amount specified in Item 7, being the maximum amount of financial accommodation that may be provided to the Owner on the terms set out in Annexure G. Government Authority includes the Crown, any government and any governmental, semi‑governmental, public, administrative, regulatory or judicial entity. It also includes a statutory corporation, a self-regulatory organisation or a supervisory authority established by statute and any market licensee of a financial market (as defined in Chapter 7 of the Corporations Act) and any overseas stock or futures exchange. A person is Insolvent if: it is (or states that it is) an insolvent under administration or insolvent (each as defined in the Corporations Act); or it is in liquidation, in provisional liquidation, under administration or wound up or has had a Controller appointed to its property; or it is subject to any arrangement, assignment, moratorium or composition, protected from creditors under any statute, or dissolved; or an application or order has been made (and, in the case of an application, it is not stayed, withdrawn or dismissed within 30 days), resolution passed, proposal put forward, or any other action taken, in each case in connection with that person, which is preparatory to or could result in any of (a), (b) or (c) above; or it is taken (under section 459F of the Corporations Act) to have failed to comply with a statutory demand; or it is the subject of an event described in section 459C(2)(b) or section 585 of the Corporations Act; or it is otherwise unable to pay its debts when they fall due; or in the case of a natural person, the person dies, ceases to be of full legal capacity or otherwise becomes incapable of managing his or her own affairs for any reason; or something having a substantially similar effect to any of paragraphs (a) to (h) above (both inclusive) happens in connection with that person under the law of any jurisdiction. Land means the land on which the Building is located.

Funding Limit means $200,000,000.

Funding Limit means each Annual Site Funding Limit, each Current Budget and each Capital Budget;

Funding Limit. Con 9.2 and 9.4 I.10 Date on which an Approved Debt will automatically - Con 7.2(g) become a Disapproved Debt:

Funding Limit means, as to the members of any Funding Group considered in the aggregate, an amount equal to the applicable Committed Purchaser’s Commitment.

Funding Limit. In relation to a Debtor:- the amount specified in paragraph 12 of the Schedule or such other amount as Venture may from time to time in its absolute discretion determine.