Net Funding definition

Net Funding the consideration transferred to Seller after the Applicable Fees and Origination Fees (as defined below) are deducted;
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Net Funding means, at any time, any amount by which the aggregate of any Funds, [***] and payments of instalments under clause 13 [***] to Valneva exceeds the [***] of:
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Net Funding shall be defined for these purposes as actual cash or cash equivalents available for Senz-It use, including goods and services rendered in lieu of cash payment for Senz-It.
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Examples of Net Funding in a sentence

  • In the event the Net Funding Amount is not sufficient to purchase the necessary Treasury Securities, on the Closing Date, Cheniere Holdings shall contribute the difference to the MLP as an additional Capital Contribution.

  • After making its Net Funding Amount available to the Agent, such Continuing Lender shall be deemed to have made available all of its Loans under the New Facility and shall be deemed to have converted its Existing Loans (excluding any accrued and unpaid interest and other charges or expenses thereon).

  • The Licensee needs to know the amount of its extra contribution to work out the Initial Net Funding Required.

  • The MLP shall use the Net Funding Amount to purchase the Treasury Securities on the Closing Date maturing as to principal and interest at such times and in such amounts as MLP GP determines will be sufficient to pay the Initial Quarterly Distribution on the Initial Common Units and General Partner Units.

  • The Parties acknowledge (a) the payment by Cheniere Holdings, in connection with the Closing, of transaction expenses in the amount of approximately $3,800,000 (exclusive of the Underwriters’ discount and the structuring fee) and (b) the deposit of the Net Funding Amount into the Distribution Reserve Account.

  • In contrast, for one year of persistent stress, the Stable Net Funding Ratio enables banks to provide stable funding above what is required.

  • SLS follows a Net Funding procedure, reducing the SRP by the required escrow balance, tax service fee, boarding fee and any per diem servicing fee interest.

  • Current Liabilities $76,887.26 Account Payable $87,597.09 A/P F&R Professional Engineering $70,443.90 N/P Gxxx Xxxxx $452,439.00 (Due 10/22/14)* N/P Fxxxxxx & Hxxxxx $496,864.66 (Subject to extension) N/P Dxxxxxxx/ Gxxxxx $477,707.05 (Subject to extension) N/P Wxxx $1,159,725.00 (Subject to extension) N/P Revere $2,219,033.33 Development Cost $2,400,000.00 ** Total Funding $7,440,697.29 Expected Builder Contribution $1,300,000.00 Net Funding $6,140,697.29 * Unless Extended.

  • One of the liquidity standards (the Liquidity Coverage Ratio, LCR) was aimed to address short-term liquidity risks, and the other (the Net Funding Stable Ratio, NSFR) targeted medium-term liquidity risks.3The additional capital buffers for G-SIBs sought two specific objectives (further to increasing banks’ loss-absorbing capacity): to incentivise G-SIBs to internalise the ex- ternalities they create for the system and to reduce the implicit subsidies generated by their ‘Too big to fail’ (TBTF) status.

  • In the event the Net Funding Amount is not sufficient to purchase Distribution Treasury Securities in an amount equal to the Distribution Reserve Amount, Cheniere Holdings shall contribute the difference to the MLP as an additional Capital Contribution.

Related to Net Funding

  • Match funding or “match share” means cash or in-kind (non-cash) contributions provided by the Applicant/Recipient, subcontractors, or other parties that will be used in performance of the proposed project. Match share percentage is calculated by dividing the total match share contributions by the total allowable project cost. “Total allowable project cost” is the sum of the CEC’s reimbursable share and Recipient’s match share of the project costs. Match share expenditures have the following requirements:

  • Contribution Rate means, in a reserve study as described in RCW 64.34.380, the amount contributed to the reserve account so that the association will have cash reserves to pay major maintenance, repair, or replacement costs without the need of a special assessment.

  • Initial Funding means the funding of the initial Loans or issuance of the initial Letters of Credit upon satisfaction of the conditions set forth in Sections 6.01 and 6.

  • Group I The pool of Mortgage Loans identified in the related Schedules of Mortgage Loans as having been assigned to Group I, including any Qualified Replacement Mortgages delivered in replacement thereof and each Subsequent Mortgage Loan delivered to the Trust for inclusion therein.

  • Residual Funding Facility means any funding arrangement with a financial institution or institutions or other lenders or purchasers under which advances are made to the Company or any Subsidiary based upon residual, subordinated or retained interests in Receivables Entities or any of their respective securities, debt instruments or other Indebtedness.

  • CarMax Funding means CarMax Auto Funding LLC, a Delaware limited liability company.

  • Excess Funding Amount means the amount on deposit in the Excess Funding Account.

  • Adjusted Net Mortgage Interest Rate As to each Mortgage Loan and at any time, the per annum rate equal to the Mortgage Interest Rate less the Expense Fee Rate.

  • Interest Funding Account shall have the meaning specified in subsection 4.2(b).

  • Weighted Average Net Mortgage Interest Rate As to any Distribution Date, a rate per annum equal to the average, expressed as a percentage of the Net Mortgage Interest Rates of all Mortgage Loans that were Outstanding Mortgage Loans as of the Due Date in the month preceding the month of such Distribution Date, weighted on the basis of the respective Scheduled Principal Balances of such Mortgage Loans.

  • Project Funding means the funding for the Services;

  • Group II The pool of Mortgage Loans identified in the related Schedules of Mortgage Loans as having been assigned to Group II, including any Qualified Replacement Mortgages delivered in replacement thereof and each Subsequent Mortgage Loan delivered to the Trust for inclusion therein.

  • Additional Funding has the meaning prescribed to that term in clause 4.3 of this Agreement.

  • Pre-Funding Amount With respect to any date, the amount on deposit in the Pre-Funding Account.

  • the Macfarlane (Special Payments) Trust means the trust of that name, established on 29th January 1990 partly out of funds provided by the Secretary of State, for the benefit of certain persons suffering from haemophilia;

  • Net Mortgage Interest Rate As to any Mortgage Loan and Distribution Date, such Mortgage Loan's Mortgage Interest Rate thereon on the first day of the month preceding the month of the related Distribution Date reduced by (i) the Servicing Fee Rate and (ii) the Trustee Fee Rate.

  • REMIC Pass-Through Rate In the case of a Class of the Class A, Class M and Class B Certificates, the Upper Tier REMIC Net WAC Cap for the Corresponding REMIC Regular Interest.

  • Floating Interest Rate means: (a) initially Three-Month Term SOFR (as defined below). (b) Notwithstanding the foregoing clause (i) of this Section 2(b): (i) If the Calculation Agent, determines prior to the relevant Floating Interest Determination Date that a Benchmark Transition Event and its related Benchmark Replacement Date (each of such terms as defined below) have occurred with respect to Three-Month Term SOFR, then the Company shall promptly provide notice of such determination to the Holders and Section 2(c) (Effect of Benchmark Transition Event) will thereafter apply to all determinations, calculations and quotations made or obtained for the purposes of calculating the Floating Interest Rate payable on the Subordinated Notes during a relevant Floating Interest Period. (ii) However, if the Calculation Agent, determines that a Benchmark Transition Event and its related Benchmark Replacement Date have occurred with respect to Three-Month Term SOFR, but for any reason the Benchmark Replacement has not been determined as of the relevant Floating Interest Determination Date, the Floating Interest Rate for the applicable Floating Interest Period will be equal to the Floating Interest Rate on the last Floating Interest Determination Date for the Subordinated Notes, as determined by the Calculation Agent (as defined below). (iii) If the then-current Benchmark is Three-Month Term SOFR and any of the foregoing provisions concerning the calculation of the interest rate and the payment of interest during the Floating Interest Period are inconsistent with any of the Three-Month Term SOFR Conventions determined by the Company, then the relevant Three-Month Term SOFR Conventions will apply.

  • Group III All applicants for employment who have had two (2) or more years' experience in the trade, are residents of the geographical area constituting the normal construction labor market area, and who have been employed in the normal construction labor market area for at least six (6) months in the last two and one-half (2½) years in the geographical area covered by the collective bargaining agreement.

  • Group II Senior Percentage For any Distribution Date, the lesser of (i) 100% and (ii) the aggregate Class Principal Balance of the Group II-A and Residual Certificates divided by the aggregate Class Principal Balance of the Group II Loans (exclusive of the Class II-P Fraction thereof, with respect to any Class II-P Mortgage Loan), in each case immediately before such Distribution Date.

  • Group I Senior Percentage As of each Distribution Date, the lesser of 100% and a fraction, expressed as a percentage, the numerator of which is the aggregate Certificate Principal Balance of the Group I Certificates immediately prior to such Distribution Date and the denominator of which is the aggregate Stated Principal Balance of all of the Mortgage Loans (or related REO Properties) in Loan Group I immediately prior to such Distribution Date.

  • Minimum Mortgage Interest Rate With respect to each Adjustable Rate Mortgage Loan, a rate that is set forth on the related Mortgage Loan Schedule and in the related Mortgage Note and is the minimum interest rate to which the Mortgage Interest Rate on such Mortgage Loan may be decreased on any Adjustment Date.

  • Liquidity Funding means (a) a purchase made by any Committed Lender pursuant to its Liquidity Commitment of all or any portion of, or any undivided interest in, an applicable Conduit’s Loans, or (b) any Loan made by a Committed Lender in lieu of such Conduit pursuant to Section 1.1.

  • Group I Interest Remittance Amount With respect to any Distribution Date, that portion of the Available Funds for such Distribution Date attributable to interest received or advanced with respect to the Group I Mortgage Loans.

  • Maximum Mortgage Interest Rate With respect to each Adjustable Rate Mortgage Loan, a rate that is set forth on the related Mortgage Loan Schedule and in the related Mortgage Note and is the maximum interest rate to which the Mortgage Interest Rate on such Mortgage Loan may be increased on any Adjustment Date.

  • the Macfarlane (Special Payments) (No. 2) Trust means the trust of that name, established on 3rd May 1991 partly out of funds provided by the Secretary of State, for the benefit of certain persons suffering from haemophilia and other beneficiaries;