Funding Agreement

Funding Agreement

A low-risk, fixed-income investment that an institutional investor may purchase. In a funding agreement, one provides a lump sum to the seller, and, in exchange, one receives a fixed return, often based on LIBOR. Mutual funds and pensions often purchase funding agreements because of the certainty associated with them. It is structured much like a guaranteed investment contract.
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Additionally, ING USA's prudent asset/liability management strategies ensure that close matches between funding agreement assets and liabilities are maintained.
The funding agreement also has features that allows Transamerica Asset Funding Corp.
The rating reflects the underlying assets supporting the notes, consisting primarily of a funding agreement provided by Travelers Insurance Co.
Nordic Mines AB has entered an agreement in principle with its lenders for the company to buy all of the lenders' claims on Group companies in line with the existing project funding agreement.
Funding Agreement with Sidney Stringer Multi-Academy Trust to build and run a new Primary School (Sidney stringerprimary Academy) at the preferred site adjacent to Sidney Stringer Academy Enterprise and innovation Centre?
The Peepeekisis Cree Nation is refusing to re-sign its Contribution Funding Agreement with the federal government while Onion Lake Cree Nation has signed the CFA under duress.
Global Banking News-September 16, 2011--Capital Corp signs funding agreement with a waste-to-energy company(C)2011 ENPublishing - http://www.
Summary: Algeria and the European Union (EU) signed Monday here a EUR30 million funding agreement for a new support programme for the implementation of the association agreement, to be launched in January 2012.
Canada and Alberta will conclude a detailed multi-year funding agreement for the period 2006-07 to 2009-2010.
Gargano announced that Brooklyn Bridge Park Development Corporation, a subsidiary of ESD and the City of New York, solidified a Funding Agreement for the development of Brooklyn Bridge Park.
Cannon said it received notice from CitiCapital that it would exercise its right to end its funding agreement with Cannon but agreed to the extension because, among the terms and conditions of the agreement, it was a clause that allowed CitiCapital certain remedies if certain conditions existed.