Examples of Disbursement Date in a sentence
The Borrower shall have submitted to the Lender a properly completed and executed Borrowing Request by e-mail not later than noon (Boston time) on the 10th Business Day prior to the Disbursement Date, which Borrowing Request satisfies the requirements of Section 2.2 and certifies that the requirements of this Section 5.2 have been met.
The Borrower may from time to time prior to the Maturity Date (but not more often than once per calendar month, unless agreed by the Lender in its sole discretion) request a loan under Section 2.1 by providing to the Lender a completed written notice in the form of Exhibit B (a “Borrowing Request”) by e-mail not later than noon (Boston time) on the 10th Business Day prior to the requested Disbursement Date.
The representations and warranties contained in Section 6 shall be true and correct on and as of such Disbursement Date with the same force and effect as though originally made on and as of such date; and no Default shall exist on the Disbursement Date prior to or immediately after giving effect to the requested extension of credit.
As of such Disbursement Date, the development of the Project for which the disbursement of the Loan is requested shall be in compliance with the applicable Development Plan.
At any time up to and including the Final Disbursement Date for a Credit, the Lender may request and Ex-Im Bank will issue, a Guarantee Certificate with respect to each Disbursement to be made on or prior to the Final Disbursement Date for such Credit in the manner described in, and pursuant to the terms and conditions of, Annex B and Annex B-1 (if applicable) to the Credit Agreement for such Credit.