Examples of Funding Period in a sentence
For the avoidance doubt, any election by Seller to request a Funding Period Extension Option pursuant to this Section 3.06(b) shall not exhaust Seller’s option to make three (3) requests for a Static Extension Period as referenced in Section 3.06(a).
Each such request of Seller to exercise a Funding Period Extension Option may be approved or denied by Buyer, in Bxxxx’s sole and absolute discretion and, independent of any failureextension of Buyer to respond in writing to any such request shall be deemed to be a denial thereof by Buyerthe Maturity Date pursuant to Section 3.06(a).
Seller’s request to exercise a Funding Period Extension Option will be deemed to be denied if any of the Extension Conditions set forth in Section 3.06(a) are not satisfied with respect to the first Extension Period,Seller’s request for the secondcorresponding Extension Period or the third Extension Period, as applicable, as determined by Buyer in Buyer’s sole and absolute discretion.
Subject to this Agreement, during the Funding Period Seller may sell to Buyer, repurchase from Buyer and re-sell Eligible Assets to Buyer, but Seller may not substitute other Eligible Assets for Purchased Assets.
Award Amount $2,500 | $5,000 | $10,000 Funding Period May 1, 2024 - February 28, 2025 Eligible Costs Rescue Plan funds are intended to support artist contracts.