Interim Funding Amount definition
Examples of Interim Funding Amount in a sentence
Pay to the Trustee an amount which when added to the value of the Trust Fund as of a date selected by the Bank (no more than ten (10) days prior to the date of such payment) would result in a sum equal to or greater than such Interim Funding Amount.
Cause the Actuary to compute the Interim Funding Amount as of a date reasonably selected by the Actuary which shall be no more than thirty (30) days prior to such Interim Valuation Requirement Date and deliver to the Trustee the Actuary’s certification of such Interim Funding Amount; and B.
The Interim Funding Amount would be invoiced in the first billing cycle following the date of suspension and expiration of the one week grace period.
Those options and their consequence on payment of the Interim Funding Amount are described below.
Cause the Actuary to compute the Interim Funding Amount as of such last day and deliver to the Trustee the Actuary’s certification of such Interim Funding Amount; and B.