Future Funding means any additional advance under a Future Funding Eligible Asset that is funded by Seller.
Future Funding has the meaning set forth in Section 6.1(b)(i).
Future Funding means funding as contemplated under Clause 8;
Examples of Future Funding in a sentence
Throughout the time-frame of the grant, how will the activities be monitored to ensure they are happening in a timely manner, and how will the program be evaluated to make sure it is meeting the goals of the grant?• Future Funding or Sustainability Applicant’s plan for continuing the program beyond the grant period, or the availability of other resources, if applicable.
Any interest earned on Eligible Investments held in the Future Funding Reserve Account shall be applied as Interest Proceeds.
For the avoidance of doubt, any amounts transferred from the Future Funding Reserve Account for application as Principal Proceeds as provided above shall be further invested in Collateral Loans (to the extent expressly permitted by the other provisions in this Agreement) or applied as Principal Proceeds in accordance with Section 9.1(a)(ii), in each case as expressly provided in this Agreement.
The Future Funding Reserve Account shall remain at all times with an Eligible Account Bank.
By Borrower Order (which may be in the form of standing instructions), the Borrower (or the Services Provider on behalf of the Borrower) may, so long as no Event of Default has occurred and is continuing, direct the Collateral Agent to, and, upon receipt of such Borrower Order, the Collateral Agent shall, invest all funds received into the Future Funding Reserve Account as so directed solely in overnight funds that are Eligible Investments.
More Definitions of Future Funding
Future Funding. Grantee acknowledges that STEP INTO SWIM and its representatives have made no actual or implied promise of funding except for the amounts specified by this agreement. If any of the grant funds are returned or if the grant is rescinded, Grantee acknowledges that STEPINTO SWIM will have no further obligation to Grantee in connection with this grant as a result of such return or rescission. However, the foregoing is not intended to prohibit STEPINTO SWIM from providing Grantee an additional grant at the termination of the grant described in this agreement upon the submission of a new proposal, if STEPINTO SWIM in its sole discretion determines that an additional grant is appropriate.
Future Funding means the funding of all or a portion of the City’s futureunfunded liabilities with respect to PSPRS or the transfer to PSPRS of amounts to be held for payment of amounts due from the City to PSPRS.
Future Funding. If future funding of GSN in excess of the parties' mandatory capital contribution amounts is required, SPE and Liberty Digital will agree on capital- raising strategies which may include subordinated Member loans, bank borrowings, voluntary capital calls and/or accessing public capital markets. Transfer Restrictions: No party will be permitted to sell, transfer, assign, pledge or otherwise dispose of (directly or indirectly) its Membership Interests for a period of three years following the Closing; provided that -------- (x) SPE or a SCA Affiliate (as defined below) may transfer all or part of its Membership Interests, directly or indirectly, to a SCA Affiliate and Liberty Digital or a LMC Affiliate (as defined below) may transfer all or part of its Membership Interests, directly or indirectly, to a LMC Affiliate, (y) a party may pledge its interest in a bona fide financing transaction so long as the pledgee agrees to be bound by the terms of the LLC Operating Agreement and (z) a party may create derivative securities which relate to such interest in connection with bona fide financing transactions. Notwithstanding anything herein to the contrary, any transfer by SPE pursuant to clause (x) above may be made only if the entities holding the rights to the game show programming and licenses currently held by SPE or thereafter acquired by any Affiliate of SCA are held at the time of such transfer by a SCA Affiliate. Following such third anniversary, sales of any Membership Interests will be subject to a right of first offer in favor of the other party; provided such right of -------- first offer shall not apply to a transfer pursuant to clause (x) above by SPE, a SCA Affiliate, Liberty Digital or a LMC Affiliate. Any such third party transferee shall become a party to and bound by the provisions of the LLC Operating Agreement to the same extent as the transferor upon the transfer of Membership Interests to it. Each party agrees to structure any such purchase and sale in the most tax efficient manner possible.
Future Funding. If requested by the Company’s board of directors to fund the operations and expansion of the Company’s business, the Purchasing Investors and the Company’s existing shareholders (the “Existing Shareholders”) (other than Messrs. Kors and Idol) agree to fund up to an additional $40 million on a pro rata basis (“Shareholder Funding”). The Shareholder Funding shall be effected through the sale and issuance of additional Preference Shares. At the discretion of the board of directors, either in addition to or 1 600 Ordinary Shares are currently issued and outstanding. in lieu of any Shareholder Funding, the Company or any of its subsidiaries may also secure from time to time debt or equity funding from the Existing Shareholders and Purchasing Investors and/or any third parties. The Shareholder Funding and any other equity funding or debt funding involving the Existing Shareholders and/or their affiliates shall be subject to the preemptive rights described below. Dividends: All holders of Shares will receive dividends on a pari passu basis in accordance with the number of Ordinary Shares held. The Company generally intends to retain future earnings, if any, for use in the operations and expansion of the Company’s business. As a result, the Company does not anticipate paying regular cash dividends in the foreseeable future.
Future Funding. No partner will be obligated to provide any future funding or financial assistance, including, without limitation, any guarantee, beyond its initial capital contribution as set out above. Each of the partners will have a pre-emptive right to maintain its proportionate ownership interest in the case of any future equity issue. The amount and terms of any debt financing will be in the discretion of the E-Car Partnership Board.
Future Funding. The board of directors plus Requisite Interest Approval may approve future funding of New Moly for ongoing activities and general company purposes. Capital calls, whether associated with membership interests or any other equity interest may be made on the members on terms and conditions approved by the board of directors plus Requisite Interest Approval. Capital calls will be offered to all members on a pro rata basis to their ownership at the time of the capital call. No member will be required to contribute additional capital in the future. Members may make loans to New Moly (which shall not be treated as membership interests) so long as such loan is approved by the board of directors plus Requisite Interest Approval.
Future Funding means any additional advance under a Future Funding Eligible Asset that is required to be funded by Seller.