Additional Funds

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Additional Funds would have been monies advanced by the GNWT to the [[DCBC}] as defined by the Concession Agreement. One of the main possible causes that might have required an advance of Additional Funds would be if the Base Amount available for a year was not sufficient to meet the Annual Requirement (due to low toll revenues, for instance). In the case the GNWT would have advanced the difference as Additional Funds.

Amounts advanced as Additional Funds would have been included in the running Additional Funds Outstanding balance, and the DCBC would have paid interest on this balance to the GNWT. Any excess in the Base Amount after the Annual Requirement is met would first have gone to reducing this balance, before any Enhanced Return was paid.