Released Funds definition

Released Funds means amounts released to the relevant Borrower, on any Loan Interest Payment Date, after payment of items (a) to (m) of the Borrower Pre-Acceleration Priority of Payments.Other undertakings Each Borrower will give certain other positive and negative covenants (many of which are qualified by reference to, among other things, materiality), including, without limitation:

Released Funds re-defined so it means (i) any part of the Indemnity Reserve which is available for distribution in accordance with Clause 5.2.5 and/or (ii) any part of the General Expenses Reserve which is available for distribution in accordance with Clause 5.3.5; and/or (iii) any part of the Portfolio Managers’ and Trade Creditors’ Reserve which is available for distribution in accordance with Clause 5.4.3; and/or (iv) any of the Supervisors’ Reserve which is available for distribution in accordance with Clause 5.3.10;

Released Funds means (i) any part of the Indemnity Reserve which is available for distribution in accordance with Clause 5.2.5 and/or (ii) any part of the General Expenses Reserve which is available for distribution in accordance with Clause 5.3.5; and/or (iii) any part of the Portfolio Managers’ and Trade Creditors’ Reserve which is available for distribution in accordance with Clause 5.4.3;

Examples of Released Funds in a sentence

• The parties hereto agree that the Deposit, the Released Funds and Extension Fees reasonably represent the damages which could be anticipated to be suffered or incurred by Seller as a result of a default hereunder by the Buyer, and that proof of actual damages would be costly and inconvenient.

• The Escrow Agent hereby agrees to deposit the Initial Cash Payment less the Released Funds that he receives in a segregated interest-bearing account, comprising a liquid time deposit account with Money Centre at US Investment Bank with interest to accrue for the benefit of the party to whom such funds are released pursuant to the terms and conditions of this Agreement.

• The “Earnout Amount” is defined as the amount equal to (a) the sum of all amounts contributed to the Seller Account by the Seller minus (b) the sum of the Released Funds minus (c) the sum of all amounts required for satisfaction of the Seller’s indemnification obligations under the SPA, subject to a cap of US$10,000,000 (approximately S$13,700,000).

• Notwithstanding anything to the contrary herein, the Released Funds portion of the Deposit shall be paid to the Seller within five (5) days following the end of the Due Diligence Period, unless the Buyer provides to the Escrow Holder written notice that it has terminated this Agreement in accordance with the provisions of Section 13(b), above.

• At Settlement, the Deposit and the Released Funds shall be a credit against the Purchase Price and Buyer shall pay Seller the balance of the Purchase Price, subject to all adjustments as provided herein, by certified or title company check or by wire transfer of immediately available funds.

• STATEMENT No. 10 - (Contd.)(i) Statement Containing Details of Total Funds released during the year 2016-17 as Grants-in-aid and Funds Allocated for Creation of Assets - (Concld.) Total Funds Released Funds Allocated for Creation of Capital Assets Name/ Category of as Grants-in-aid out of Total Funds Released the GranteePlan includingNon PlanTotalPlan includingNon PlanTotal CSS and CP CSS and CP 8.

• Concld.) Total Funds Released Funds Allocated for Creation of Capital AssetsName/ Category of as Grants-in-aid out of Total Funds Released the Grantee Plan including Non Plan Total Plan including Non Plan TotalCSS and CP CSS and CP(` in crore) 8.Others - (Concld.) (xxxii)Ecology and Environment34.61..34.6133.15..33.15(xxxiii)Secretariat- Economic Services1,11.800.191,11.99......(xxxiv)Tourism0.600.250.85......(xxxv)Civil Supplies3,23.12..3,23.12......(xxxvi)Devsthan..0.050.05......

• Student must provide an official report of AP examination scores in order to receive credit.

• With regards to the first and second cash distributions, since the Third Progress Report, the Scheme Supervisors have remitted US$161,656 of Released Funds which remained from these distributions to Scheme Claimants.

• I noted that out of the total warrants of UGX.40,066,389,337 a sum of UGX.39,145,045,833 was spent by the entity representing an absorption level of 97.7% as shown in the Table below; Released Funds [B] Expenditure Unspent [B-D] [D] under the Education department.

More Definitions of Released Funds

Released Funds means any release of funds from the Escrow Account, including without limitation, a refund of amounts held in the Escrow Account due to the fact that the Proposed DEP Regulations (as hereafter defined) are either denied or not approved by June 1, 2005. "Proposed DEP Regulations" shall mean the Connecticut Department of Environmental Protection's Proposed Regulations contained in the Notice of Intent to Adopt and Revise the State Air Quality Regulations and to Revise the State Implementation Plan for Air Quality dated February 2, 2004.

Released Funds means funds released from one or more MBIA/ARG Collection Accounts to ARG from time to time pursuant to this Agreement.