Unfunded Backlog means the total price of a Government Contract minus the total amount funding currently allotted to such Government Contract.
Unfunded Backlog means the greater of awarded value or proposed value for all unfunded periods of a Government Contract, minus the sum of the Funded Backlog and the total amount of revenue received by the Company from inception through the reported month allocable to such Government Contract.
Unfunded Backlog means the total price or estimated cost of a Government Contract minus the Funded Backlog under such Government Contract.
Examples of Unfunded Backlog in a sentence
Schedule 2.30(f)(i) sets forth for each Government Contract having backlog as of March 31, 2016, the dollar amounts of Funded Backlog and Unfunded Backlog of the Company thereunder as of such date (calculated by the Company consistent with past practice) and the name of the customer.
All of the Government Contracts constituting Funded Backlog and Unfunded Backlog of the Transferred Entities (i) were entered into in the Ordinary Course of Business and (ii) management of the Transferred Entities believes in good faith that such Government Contracts are capable of performance in accordance with the terms and conditions of such Government Contract by the applicable Transferred Entity.
More Definitions of Unfunded Backlog
Unfunded Backlog has the meaning set forth in Section 3.27(f)(i).
Unfunded Backlog means estimated amounts of revenue to be earned in the future from Government Contracts for which funding has not been appropriated or otherwise authorized and from unexercised priced contract options.
Unfunded Backlog is Contract Backlog less Funded Backlog.
Unfunded Backlog means, with respect to any Government Contract, the amount of revenue expected to be realized over the remaining term of such Government Contract, including the base period and all option years thereunder, to the extent the funding thereof has not yet been authorized; provided that a contract ceiling value under a Government Contract constituting a GWAC or IDIQ contract shall not, by itself, constitute revenue expected to be so realized.
Unfunded Backlog means the total price or estimated cost of a Government Contract minus the total amount of direct costs, indirect costs and profit or fee allocable to such Government Contract. Nothing in this Section 3.29(m) shall be interpreted, construed or otherwise deemed a guarantee with respect to whether the Company Parties will actually earn, recognize as revenue, collect or otherwise realize any amount included in Schedule 3.29(m).
Unfunded Backlog has the meaning ascribed to such term in Section 3.29(m).
Unfunded Backlog. Section 2.30(f)(i) 9.15