Phase 2 Funding definition

Phase 2 Funding. Use the purchased age corporation to obtain corporate funding with JV Partners as officers for the corporation. Then use the corporations credit line to pay back any personal loans used in the phase one. The pay back of the personal loan by the age corporation will clear the credit of the JV Partner which then will allow JV Partner to do this process multiple times.
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Phase 2 Funding. The remaining funds of this Subward in the amount of $18, 872 (Eighteen Thousand, Eight Hundred Seventy-Two Dollars) will be dispersed after 6 month financial report is received.
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Phase 2 Funding means, in relation to any funding calls of up to, in aggregate $200m (taking into account the Initial Funding), the amount to be advanced in relation to the Business by the Shareholders (or their respective affiliates) which the Company approves to be required for its working capital needs in the ordinary course of the Business pursuant to the Business Plan, but not including the Excluded Funding.
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Examples of Phase 2 Funding in a sentence

  • Key Issue 5: Other Phase 2 Funding AssistanceRene Guillen discussed other possible funding sources, including IRWM grants.

  • Q1a: Under the SFI Research Centres Programme - Call for Submission of Proposals for Phase 2 Funding, what is the definition of a lead applicant?It is assumed that the Lead Applicant will be the existing Research Centre Director.

  • It was therefore proposed that Phase 2 Funding continues to be funded from BCBC’s HSG allocation and a contract be entered into with Pobl until 31/12/2022, with an option to extend for up to 24 months at a maximum total cost of £283,674.32 (£75,522.34 per annum).

  • The GFATM Procurement and Supply- chain Management Plan for Round 9 Phase 2 Funding (15 March 2013) has similarly agreed a protocol for the quality testing of medicines procured directly by MISAU.4 Global Integrity Report, 2007; cited in Transparency International, 2007.public procurement information.

  • Approved Resolution 20-05: San Pablo Avenue Multimodal Corridor Project, Phase 2 Funding Agreement.

  • Phase 2, Funding: Consists of completing the corridor study, upon approval of the FLAP application, and consists of providing the matching funds for the completion of the corridor study with an anticipated maximum cost of $18,350.00.

  • American Rescue Plan – Phase 2 Funding Priorities Approval is requested to authorize the funding priorities for the Phase 2 allocation of the American Rescue Plan of $39,241,019.

  • For instance, consider the smart contract snippets written in Solidity and shown in Listing 1.

  • In the event of any failure by a Funding Partner to make a contribution within sixty (60) days of the date by which such contribution is due pursuant to the Phase 2 Funding Procedures, the Borrower shall prepare and submit to the TIFIA Lender a Revised Financial Model demonstrating what funds are available to the Borrower to complete the Project and describing the availability of such funds to the Borrower as of the date of such Revised Financial Model.

  • Phase 2: Funding of between £50,000 and £150,000 would be made available to the most competitive (or 2 most) to develop the innovative solution assessed and scored in Phase 1.

Related to Phase 2 Funding

  • 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.

  • Project Funding means the funding for the Services;

  • Phase 2 means the phase of the ATP comprised of: (1) improvements to the State Street Substation to receive Rebuilt Line 972; (2) the rebuilding of NYSEG’s existing Line 972 not performed in Phase 1; (3) construction of Relocated Line 15; (4) the construction of Bused Line 5; (5) improvements to the Elbridge Substation to receive Relocated Line 15; and (6) improvements to the Elbridge Substation to receive Bused Line 5.

  • Pre-Funding Period means the period beginning on the Closing Date and ending on the earliest of (a) the date on which the amount on deposit in the Pre-Funding Account is less than $10,000, (b) the Funding Termination Date or (c) the date on which an Event of Termination occurs.

  • 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:

  • Initial Funding Date means the Funding Date on which the first Loan is made pursuant to this Agreement, as specified in the Initial Borrower Funding Request.

  • Phase or “Phases” in respect of the Project shall mean that the components of the Project are placed in service during more than one year during the Investment Period, and the word “Phase” shall therefore refer to the applicable portion of the Project placed in service in a given year during the Investment Period.

  • Phase II means the second part of the tuition incentive assistance program which provides assistance in the third and fourth year of 4-year degree programs.

  • 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.

  • Construction Funding Subsidy or “CFS” means the funding that the MOHLTC agreed to provide, or to ensure the provision of, to the HSP, in an agreement for the construction, development, redevelopment, retrofitting or upgrading of beds (a “Development Agreement”).

  • 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;

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

  • Phase 1 means the phase of the ATP comprised of: (1) improvements to the State Street Substation; (2) construction of the Proposed Line; (3) the rebuilding of NYSEG’s existing Lines 971 and 000 xxxxx xx Xxxxxxxx Xxxx xx the NYSEG ROW to allow for construction of the Proposed Line as intended; (4) improvements to the Elbridge Substation to accept the Proposed Line; and (5) National Grid’s conveyance to NYSEG of the NYSEG Acquired ROW and such other land interests as contemplated by the Purchase and Sale Agreement.

  • Phase II Study means a human clinical trial, for which the primary endpoints include a determination of dose ranges and/or a preliminary determination of efficacy in patients being studied as described in 21 C.F.R. § 312.21(b) (FDCA), as amended from time to time, and the foreign equivalent thereof.

  • Common interest development means any of the following:

  • Commercial Operation Date (COD) means the date certified by the DISCOM’s committee upon successful commissioning (as per provisions of the PPA) of the project when all equipments as per rated capacity have been installed and energy has flown into the grid.

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

  • Broken Funding Costs means for any Purchaser Interest which: (i) has its Capital reduced without compliance by Seller with the notice requirements hereunder or (ii) does not become subject to an Aggregate Reduction following the delivery of any Reduction Notice or (iii) is assigned under Article XIII or terminated prior to the date on which it was originally scheduled to end; an amount equal to the excess, if any, of (A) the CP Costs or Yield (as applicable) that would have accrued during the remainder of the Tranche Periods or the tranche periods for Commercial Paper determined by the Agent to relate to such Purchaser Interest (as applicable) subsequent to the date of such reduction, assignment or termination (or in respect of clause (ii) above, the date such Aggregate Reduction was designated to occur pursuant to the Reduction Notice) of the Capital of such Purchaser Interest if such reduction, assignment or termination had not occurred or such Reduction Notice had not been delivered, over (B) the sum of (x) to the extent all or a portion of such Capital is allocated to another Purchaser Interest, the amount of CP Costs or Yield actually accrued during the remainder of such period on such Capital for the new Purchaser Interest, and (y) to the extent such Capital is not allocated to another Purchaser Interest, the income, if any, actually received during the remainder of such period by the holder of such Purchaser Interest from investing the portion of such Capital not so allocated. In the event that the amount referred to in clause (B) exceeds the amount referred to in clause (A), the relevant Purchaser or Purchasers agree to pay to Seller the amount of such excess. All Broken Funding Costs shall be due and payable hereunder upon demand.

  • Accumulation Reserve Funding Period shall not apply if the Calculation Agent on behalf of the Issuer notifies the Indenture Trustee that it expects the Accumulation Period Length to be adjusted to one (1) month, and otherwise shall mean a period commencing on the first Distribution Date on which a condition in the right column of the following table was in effect on the immediately preceding Distribution Date, if the Distribution Date is a Distribution Date described in the corresponding left column of the following table, and ending on the Distribution Date immediately preceding the earlier to occur of:

  • Funding Cycle means the period of time commencing with the Notice of Funding Availability or Notice of Credit Availability pursuant to this rule chapter and concluding with the issuance of allocations or loans to Applicants who applied during a given Application Period.

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

  • Funding means the amounts of money provided by the LHIN to the HSP in each Funding Year of this Agreement;

  • Phase III means human clinical trials, the principal purpose of which is to establish substantial evidence of both safety and efficacy in patients with the disease or condition being studied, as more fully defined in 21 C.F.R. §312.21(c) or similar clinical study in a country other than the United States. Phase III shall also include any other human clinical trial intended to serve as a pivotal trial to support the submission of an application for regulatory approval.

  • 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.

  • Reserve Account Funding Date means the Distribution Date which occurs not later than the earliest of (a) the Distribution Date with respect to the Monthly Period that commences not later than three months prior to the Distribution Date with respect to the first Monthly Period in the Controlled Accumulation Period, (b) in the event that the average Excess Spread Percentage for any three consecutive Monthly Periods ending in the May 2023 Monthly Period or any Monthly Period thereafter is less than 2%, the Distribution Date with respect to such Monthly Period, (c) in the event that the average Excess Spread Percentage for any three consecutive Monthly Periods ending in the November 2023 Monthly Period or any Monthly Period thereafter is less than 3%, the Distribution Date with respect to such Monthly Period and (d) such earlier Distribution Date as the Transferor may determine by written notice to the Trustee and the Servicer. For this purpose, the “Excess Spread Percentage” for any Monthly Period shall be equal to the Series Adjusted Portfolio Yield for such Monthly Period minus the Base Rate for such Monthly Period.

  • Intercollegiate sport means a sport played at the collegiate level for which eligibility requirements for participation by a student athlete are established by a national association for the promotion or regulation of collegiate athletics.