Net Funds definition

Net Funds means Funds Received less Administration Costs. In most cases, Net Funds is the same as Funds Received as most Individuals and/or Organisations agree to cover all Administration Costs. “Organisations” Third parties including employers and non-employer participants, service providers and others to assist Good2Give with its Charitable Purposes.

Net Funds means Funds Received less a percentage of the Funds Received (where such charges are not covered by Individuals and/or Organisations).

Net Funds means the remainder of (x) the gross retail sales price (subject to the Markdown Restrictions) received by Purchaser from the sale of the Closing Date Inventory, minus (y) the Inventory Payment due to Seller under the terms of this Agreement.

Examples of Net Funds in a sentence

• The Pool 1 Net Funds Cap, the Pool 2 Net Funds Cap or the Subordinate Net Funds Cap, as the context requires.

• Any of the Group 1 Senior Net Funds Cap, the Group 2 Senior Net Funds Cap or the Subordinate Net Funds Cap, as applicable.

• The Class M-1, Class M-2, Class M-3, Class B-1, Class B-2 and Class B-3 Certificateholders will also be treated as holders of rights in an limited recourse interest rate cap contract written by the Class X Certificateholder whereby the Class M-1, Class M-2, Class M-3, Class B-1, Class B-2 and Class B-3 Certificateholders will receive any excess of the Subordinate Net Funds Cap over the Adjusted Subordinate Net Funds Cap on their respective principal balances for such Distribution Date.

• The Note Interest Rate for the Class A Notes, is a rate per annum equal to the least of (i) LIBOR plus ____%, in the each payment date; (ii) the Net Funds Cap; and (iii) the Maximum Note Interest Rate.

• On any distribution date, the Net Funds Cap will equal (a) a fraction, expressed as a percentage, the numerator of which is the product of (1) the Optimal Interest Remittance Amount for such date and (2) 12, and the denominator of which is the Aggregate Loan Balance of the group III mortgage loans for the immediately preceding distribution date, multiplied by (b) a fraction, the numerator of which is 30 and the denominator of which is the actual number of days in the immediately preceding accrual period.

More Definitions of Net Funds

Net Funds means, with respect to the Purchase Date Receivables for each Purchase Date, the amount determined by multiplying the aggregate amount deposited in the Collection Expenses Account as of the date that the Net Funds are being determined (the “Calculation Date”) by a fraction, the numerator of which is the Net Invoice Amount of the Purchase Date Receivables and the denominator of which is the aggregate Net Invoice Amount of all the Purchased Receivables sold hereunder as of the Calculation Date. On the date that no further purchase transactions are authorized hereunder Sellers, as compensation for the collection agent services performed hereunder, shall be entitled to all funds remaining in the Collection Expenses Account.

Net Funds shall equal the Gross Funds less the Fees payable at any individual Breakout.

Net Funds means the difference between the Gross Funds less the Fees payable at any individual Breakout. The “Trailing Volume” shall equal the average daily volume for the Common Shares during the 30 calendar days preceding each Breakout multiplied by the number of trading days during the 30 calendar days preceding each Breakout. The “Available Breakout” shall equal the product of 20% times the Trailing Volume times the Market Price.

Net Funds shall equal the Gross Funds less the Fees payable at any individual Breakout. The actual amount of Fees and Net Funds to be disbursed to each relevant account upon each Breakout shall be calculated by the Intermediary with the Breakout Calculator, which shall also automatically generate a conforming Senior Purchase Price Disbursement Report for each Breakout, an example of which is provided here: Wire Instruction Sample TO: ELCO SECURITIES LTD. ATTN: MX. XXXXX XXXXXX RE: ACCOUNT MANAGEMENT AGREEMENT (ACCOUNT NO.: ____________) ______________ formally requests the release of ________________ from its ___________ Account with Elco Securities. ______________ formally makes this request to the Intermediary for release of said asset under the Account Management Agreement. Please deliver the asset to: (Bank Transfer Instructions) Signature: By: ___________________________ Print: Title: Date: If to Intermediary: Elco Securities, Ltd. Ixxxx Xxxxxx Loyalist Plaza, Dxx Xxxxxx Blvd.

Net Funds means Sale Proceeds less costs and expenses of Sale of Business.

Net Funds means the amounts EZbra actually received, pursuant to an order a customer placed as a result of your Referral, less all shipping and handling costs and sales and other taxes. The exact commission amount due to Affiliates is set forth on the Sign-Up Page. Subject to the provisions of this Section 5 (and the other terms and conditions of this Agreement), commission amounts will be paid in U.S. Dollars by means of Paypal based on the information entered by you in your Account, or other method agreed upon by you and EZbra in writing (for example by checks), within sixty (60) days from the date the applicable customer is charged for the applicable order.

Net Funds. See Section 1(g).