Funding Obligation definition

Funding Obligation means, with respect to a particular Purchaser, an amount equal to the Common Share Offering Price multiplied by the number of Purchased Shares to be purchased by such Purchaser on the Closing Date pursuant to Section 2.01.

Funding Obligation has the meaning set forth in the definition of “Defaulting Lender.”

Funding Obligation means each obligation of the Performing Subsidiary to make a Funding Payment.

Examples of Funding Obligation in a sentence

• Such Purchaser will have available to it at the Closing sufficient funds to enable such Purchaser to pay in full at the Closing the entire amount of such Purchaser’s Funding Obligation in immediately available cash funds.

• During construction the municipality enters into a short-term borrowing agreement with the State called an Interim Funding Obligation (“IFO”) from which it pays project costs as needed.

• Respected leaders such as Warren Foote, Jean Boyazoglu, David Sherman, Chris- tie Peacock, Rosalee Sinn and Adel Abul Naga have insisted that goats be included in the devel- opment agenda despite initial resistance.

• Upon request by the General Partner, HIP will pay to the Partnership, or any other Person as directed by the General Partner, any amounts necessary to satisfy its Completion Funding Obligation.

• The General Partner may not request additional Capital Contributions from the Partners for amounts that HIP is obligated to expend in satisfaction of its Completion Funding Obligation.

More Definitions of Funding Obligation

Funding Obligation means an amount equal to the Cash Purchase Price multiplied by the number of Cash Units to be purchased by the Purchaser on the Closing Date, as set forth opposite a Purchaser’s name on Schedule A.

Funding Obligation means, with respect to a particular Purchaser, an amount equal to (a) the Series A Preferred Unit Purchase Price multiplied by the number of Purchased Preferred Units to be purchased by such Purchaser on the Closing Date pursuant to Section 2.01, plus (b) the Common Unit Offering Price multiplied by the number of Purchased Common Units to be purchased by such Purchaser on the Closing Date pursuant to Section 2.01.

Funding Obligation has the meaning specified in the definition of “Defaulting Lenders”.

Funding Obligation means a payment obligation incurred by or on behalf of the Fair Hydro Trust,

Funding Obligation means an amount equal to the Purchase Price.

Funding Obligation means a payment obligation incurred by or on behalf of an investment interest owner to fund its ownership of an investment interest or a payment obligation that meets such other criteria as may be prescribed; (“obligation de financement”)

Funding Obligation means an amount equal to the Purchase Price multiplied by the principal amount of Securities to be purchased by a Purchaser on the Closing Date, as set forth opposite such Purchaser’s name on Schedule A.