Sources of Funds definition

Sources of Funds. GE Capital Senior Secured Term Loan $30,000 Other Debt (Health-Styles LLC, non-recourse to Sierra Tucson) 15,000 - 20,000 Investor Equity and Subordinated Debt Contributions (TRIOD) 16,000 - 21,000 Management's Capital Contribution (TRIOD) 24,000 ------- $90,000 ======= Uses of Funds: Assumed Purchase Price @ $5.65 per Share $82,779 Acquisition of STAC Building 5,000 Financing and Transaction Costs 2,721 Working Capital 2,100 ------- Less: Projected Cash and Cash Equivalents (2,600) ------- Total Uses of Cash $90,000 =======
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Sources of Funds. X. Xxxx Proceeds 12,790,000 B. G.P. Capital Contributions 211 C. I.P. Capital Contributions 2,154,802 D. Deferred Development Fee 861,148 Note 15,806,161 Total Sources
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Sources of Funds means the sources of funds listed in the Project Budget and the Method of Financing (Attachment No. 5).
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Examples of Sources of Funds in a sentence

  • Notwithstanding anything in this Lease to the contrary, in the event that all or any portion of the public Sources of Funds (consisting of the State Funds, City Funds, and Tenant’s Share of CID & TDD Revenues) does not come to fruition, Tenant shall not have any obligation to proceed with the development of the Project or to expend all or any portion of Tenant’s Contribution or other funds.


More Definitions of Sources of Funds

Sources of Funds means, when determined as of the last day of each month of Borrowers, the sum of (a) Pledged Cash, plus (b) Undrawn Availability, plus (c) all of Borrowers’ consolidated unbilled backlog.
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Sources of Funds means the anticipated sources of funds to pay for (and/or reimburse, as applicable) the Project Costs, as illustrated in Exhibit D attached hereto and incorporated herein;
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Related to Sources of Funds

  • Fund of Funds means a registered investment company or series of a Fund which is managed and administered by Service Company and which invests substantially all of its assets in shares of two or more Funds (or series thereof).

  • freezing of funds means preventing any move, transfer, alteration, use of, access to, or dealing with funds in any way that would result in any change in their volume, amount, location, ownership, possession, character, destination or other change that would enable the funds to be used, including portfolio management;

  • Good Funds means immediately available funds delivered by confirmed wire transfer to an account designated by the Closing Agent.

  • Program Funds means all funds that are required to be deposited into the Non-profit School Food Service Account.

  • Contract Funds means the funds that have been appropriated, designated, encumbered, or otherwise made available for payment by the State under this Contract.

  • Mutual Funds means (i) all open-end mutual funds; and (ii) similar pooled investment vehicles established in non-U.S. jurisdictions, such as registered investment trusts in Japan. For purposes of the Code, Mutual Fund does not include shares of open-end money market mutual funds (unless otherwise advised by Compliance).

  • Surplus funds means, at any given date, the excess of cash and other recognized assets that are expected to be resolved into cash or its equivalent in the natural course of events and with a reasonable certainty, over the liabilities and necessary reserves at the same date.

  • Call Off Procedure means the process for awarding a Call Off Agreement pursuant to Clause 4 (Call Off Procedure) and Framework Schedule 5 (Call Off Procedure);

  • Investment Funds means all monies and financial resources available for investment by the Authority, other than proceeds of bonds issued by the Authority.

  • Funds means financial assets and benefits of every kind, including, but not limited to:

  • Prepayment Account for any Class of Loans shall mean an account (which may include the Prepayment Account established under the Security Agreement) established by the Borrower with the Collateral Agent and over which the Collateral Agent shall have exclusive dominion and control, including the exclusive right of withdrawal for application in accordance with this subsection (viii). The Collateral Agent will, at the request of the Borrower, invest amounts on deposit in the Prepayment Account for any Class of Loans in Cash Equivalents that mature prior to the last day of the applicable Interest Periods of the Eurodollar Loans of such Class to be prepaid; provided, however, that (i) the Collateral Agent shall not be required to make any investment that, in its sole judgment, would require or cause the Collateral Agent to be in, or would result in any, violation of any Law, (ii) such Cash Equivalents shall be subjected to a First Priority Lien in favor of the Collateral Agent and (iii) if any Event of Default shall have occurred and be continuing, the selection of such Cash Equivalents shall be in the sole discretion of the Collateral Agent. The Borrower shall indemnify the Collateral Agent for any losses relating to such investments in Cash Equivalents so that the amount available to prepay Eurodollar Loans on the last day of the applicable Interest Periods is not less than the amount that would have been available had no investments been made pursuant thereto. Other than any interest or profits earned on such investments, the Prepayment Accounts shall not bear interest. Interest or profits, if any, on the investments in any Prepayment Account shall accumulate in such Prepayment Account until all outstanding Loans of any applicable Class with respect to which amounts have been deposited in the Prepayment Accounts have been prepaid in full, at which time so much thereof as is not required to make payment of the Senior Credit Obligations which have become due and payable (whether by scheduled maturity, acceleration or otherwise) shall be withdrawn by the Collateral Agent on the next Business Day following the day on which the Collateral Agent considers the funds deposited therein to be collected funds and disbursed to the Borrower or its order. If the maturity of the Loans has been accelerated pursuant to Section 8.02, the Administrative Agent may, in its sole discretion, cause the Collateral Agent to withdraw amounts on deposit in the Prepayment Account for the applicable Class of Loans and, subject to Section 8.03, apply such funds to satisfy the Senior Credit Obligations of the applicable Class or Classes.

  • Client Funds means money deposited by the Client in his/her Trading Account, plus or minus any unrealized or realized profit or loss, plus or minus any amount that is due by the Client to the Company and vice versa.

  • Public funds means money belonging to the government.