New Funding Arrangements definition

New Funding Arrangements means (a) the subscription by Purchaser for Subscription Shares to be issued on the Subscription Date, the subscription price for which shall be equal to US$10,900,000, the application to increase the registered capital of the PRC Affiliate, and the repayment by the PRC Affiliate to Grace Fabric of the Inter-Company Funding or (b) the payment from Purchaser to Vendor of the Deferred Consideration; and in either event the release of the Inter-Company Funding obligation by Grace Fabric, in accordance with the terms of this Agreement.
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New Funding Arrangements means the New Funding Arrangements under the Share Sale Agreement.
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New Funding Arrangements means the New Funding Arrangements under the Share Sale Agreement. “New Funding Notice” means the New Funding Notice under the Share Sale Agreement. “Memorandum” means the Memorandum of Association of the Company, as amended from time to time; “Options” has the meaning set forth in the Option Agreement;
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Examples of New Funding Arrangements in a sentence

  • The New Funding Arrangements project is reviewing existing and new funding arrangements needed to assure financially sustainable health and care services.

  • Notwithstanding the foregoing, either the Vendor or the Purchaser may assign its rights, benefits and obligations under this Agreement to its Affiliate or to any Person that acquires, whether by purchase of assets, merger, consolidation, reorganization or other corporate-level transaction, by operation of law or otherwise, all or substantially all of the business and assets of the Vendor or the Purchaser (as the case may be) provided that the New Funding Arrangements have been completed.

  • If a New Funding Notice is issued in accordance with the Share Sale Agreement, the Company shall procure that the PRC Affiliate (a) will promptly use funds made available to the Company through the New Funding Arrangements to repay the Inter-Company Funding and (b) for the avoidance of doubt, will draw down such funds as are sufficient to repay the Inter-Company Funding within five (5) Business Days of such funding becoming available.

  • Prior to the completion of the New Funding Arrangements, the Vendor and the Vendor’s Guarantor will procure that neither Grace Fabric nor any of its Affiliates will demand repayment of the Inter-Company Funding or any part thereof other than as contemplated by the New Funding Arrangements, earn or demand interest on the Inter-Company Funding, or exercise any creditor’s rights or other remedies with respect to the Inter-Company Funding.

  • Further, Vendor, the Vendor’s Guarantor and Main Union hereby agree that as of the completion of the New Funding Arrangements, the Inter-Company Funding shall be extinguished and shall be of no further force or effect.

  • New Funding Arrangements / Care Pathways and Service Delivery Transformation – Approach for future funding models and service models for residential and nursing careThe Transformation Political Board reviewed a paper seeking their agreement to a proposed high-level approach for developing options for future funding models and service models for residential and nursing care, in line with satisfying recommendation 16 of Sir JonathanMichael’s Final Report.

  • By late August 2020, the New Funding Arrangements project will also have completed an estimate of what health and care ‘should’ cost on the island.

  • The Transformation Political Board subsequently: • agreed to support the Officer Board’s approval of the proposed high-level approach and timescales for developing options for future funding models and service models for residential and nursing care; and• agreed that the New Funding Arrangements and Care Pathway and Service Delivery Transformation Projects should deliver this jointly with support from the Transformation Programme Management Office in order for resources to be committed.

  • Alleged student conduct violations that are handled by an academic department result in sanctions that include failure of a respective assignment, or failure ofthe entire course, clinic or laboratory, but do not include suspension or expulsion from the College.

  • By September 2020, the New Funding Arrangements project within the Transformation Programme will have worked, alongside DHSC, to provide a budget submission for 2021/22 for both Manx Care and DHSC.

Related to New Funding Arrangements

  • Financing Arrangements means the arrangements between the Borrower and the State as per current policy of the Borrower, and acceptable to ADB;

  • Cash Pooling Arrangements means a deposit account arrangement among a single depository institution, CDW and one or more Foreign Subsidiaries involving the pooling of cash deposits in and overdrafts in respect of one or more deposit accounts (each located outside of the United States and any States and territories thereof) with such institution by CDW and such Foreign Subsidiaries for cash management purposes.

  • Funding Agreements means all or any of the agreements or instruments to be entered into by a Project Service Provider or any of their Associates relating to the financing of its business of providing services pursuant to the terms of any Project Agreements, excluding always the Project Agreements themselves;

  • Continuing Arrangements means those arrangements set forth on Schedule 1.1(24) and such other commercial arrangements among the Parties that are intended to survive and continue following the Separation Time; provided, however, that for the avoidance of doubt, Continuing Arrangements shall not be Third Party Agreements.

  • Financial Closure or Project Financing Arrangements means the agreements pursuant to which the SPG has sought financing for the Power Project including the loan agreements, security documents, notes, indentures, security agreements, letters of credit and other documents, as may be amended, modified, or replaced from time to time, but without in anyway increasing the liabilities of JDVVNL.

  • Relevant Funding Agreements means the agreement or agreements entered into by the Company and the Secretary of State under section 1 of the Academies Act 2010 for the establishment of each Academy, including any variation or supplemental agreements thereof;

  • netting arrangement means an arrangement under which a number of claims or obligations can be converted into a single net claim, including close-out netting arrangements under which, on the occurrence of an enforcement event (however or wherever defined) the obligations of the parties are accelerated so as to become immediately due or are terminated, and in either case are converted into or replaced by a single net claim, including ‘close-out netting provisions’ as defined in point (n)(i) of Article 2(1) of Directive 2002/47/EC and ‘netting’ as defined in point (k) of Article 2 of Directive 98/26/EC;

  • Acquisition Agreements has the meaning specified in the Recitals.

  • Management Arrangements means the arrangements for the strategic management of the relationship between the Authority and the Contractor, including arrangements for monitoring of the Contractor’s compliance with the Specification, the Service Levels, the Award Procedures and the terms of this Framework Agreement, set out in Schedule 4.

  • Project Funding Agreement means an agreement in the form of Schedule E that incorporates the terms of this Agreement and enables the Funder to provide one-time or short term funding for a specific project or service that is not already described in the Schedules;

  • Equity Contribution Agreement means the Equity Contribution Agreement, to be dated as of the Closing Date, by and among Guarantor, Borrower and Administrative Agent.

  • Alternative Financing has the meaning set forth in Section 5.14(b).

  • Contribution Agreements has the meaning set forth in the Recitals.

  • Alternative living arrangement means a structure in which households live in distinct bedrooms, yet share kitchen and plumbing facilities, central heat and common areas. Alternative living arrangements include, but are not limited to: transitional facilities for the homeless; Class A, B, C, D and E boarding homes as regulated by the State of New Jersey Department of Community Affairs; residential health care facilities as regulated by the New Jersey Department of Health; group homes for the developmentally disabled and mentally ill as licensed and/or regulated by the New Jersey Department of Human Services; and congregate living arrangements.

  • Joint service arrangements means agreements between or

  • Tax Sharing Arrangement means any written or unwritten agreement or arrangement for the allocation or payment of Tax liabilities or payment for Tax benefits with respect to a consolidated, combined or unitary Tax Return which includes the Company.

  • Collateral Acquisition Agreements means each of the agreements entered into by the Issuer in relation to the purchase by the Issuer of Collateral Debt Obligations from time to time.

  • Co-financing Agreement means the agreement to be entered into between the Recipient and the Co-financier providing for the Co-financing.

  • Securities Financing Transactions means collectively securities lending transactions, sale and repurchase transactions and reverse repurchase transactions.

  • Cap Contracts means (i) the Cap Contract between the Trustee and the counterparty named thereunder, for the benefit of the Holders of the Class A-1 Certificates, the Mezzanine Certificates and the Class B Certificates (the "Group I Cap Contract") and (ii) the Cap Contract between the Trustee and the counterparty thereunder, for the benefit of the Class A-2 Certificates, the Mezzanine Certificates and the Class B Certificates (the "Group II Cap Contract").

  • Reinvestment Agreements One or more reinvestment agreements, acceptable to the Rating Agencies, from a bank, insurance company or other corporation or entity (including the Trustee).

  • Investment Agreements has the meaning set forth in the Recitals.

  • Distribution Agreements means (i) any and all agreements entered into by a Credit Party, pursuant to which such Credit Party has sold, leased, licensed or assigned distribution rights or other exploitation rights to any Item of Product to an un-Affiliated Person, and (ii) any and all agreements hereafter entered into by a Credit Party pursuant to which such Credit Party sells, leases, licenses or assigns distribution rights or other exploitation rights to an Item of Product to an un-Affiliated Person.

  • Cash Management Arrangements means all cash management arrangements pursuant to which Honeywell or its Subsidiaries automatically or manually sweep cash from, or automatically or manually transfer cash to, accounts of SpinCo or any member of the SpinCo Group.

  • Original Financing Agreement means the development credit agreement for a Social Investment Program Project between the Recipient and the Association, dated April 7, 2003, as amended to the date of this Agreement (Credit No. 3740-BD).

  • Servicing Arrangement is defined in Section 11.06(b).