Disbursement definition

Disbursement is defined in Section 2.6.2.
Disbursement has the meaning set forth in Section 3.1.
Disbursement means any Lease Deficit Disbursement, any Unpaid Demand Note Disbursement, any Termination Date Disbursement or any Termination Disbursement under a Multi-Series Letter of Credit, or any combination thereof, as the context may require.

Examples of Disbursement in a sentence

  • In accordance with Article 5 Use and Disbursement of Grant Funds of the Grant Agreement, payments shall be made for actual costs incurred and reported for each month within the budget term (e.g., Fiscal Year or Project Term).

  • Disbursement of the bursary will occur on or after June 15th of the contract year.

  • Disbursement of proceeds of insurance (plus any supplemental funds provided by the Property Owner) shall, at the Capital Provider’s election (made by written notice to the Property Owner), be deposited with the Capital Provider and disbursed under an agreement for disbursement acceptable in all respects to the Capital Provider.

  • Disbursement of accruals will be subject to the approval of a six (6) member committee composed of three (3) members appointed by the County Administrator and three (3) members appointed by the majority representative employee organizations.

  • Except as ADB may otherwise agree, all Goods, Works and consulting services to be financed out of the Loan proceeds shall be disbursed in accordance with ADB’s “Loan Disbursement Handbook” dated January 2001 (ADB’s Loan Disbursement Handbook), as amended from time to time.


More Definitions of Disbursement

Disbursement means, collectively, (a) an advance of a working capital loan from Lender to Borrower under the Loan Facility, and (b) an advance to fund a drawing under a Letter of Credit issued or caused to be issued by Lender for the account of Borrower under the Loan Facility.
Disbursement means any of the following:
Disbursement means any Lease Deficit Disbursement, any Unpaid Demand Note Disbursement, any Termination Date Disbursement or any Termination Disbursement under a Series 2008-1 Letter of Credit, or any combination thereof, as the context may require.
Disbursement means a payment in cash.
Disbursement means any payment of moneys, including any transfer of funds, by any means.
Disbursement means the date funds are wire transferred from Holder's account) of all or a part of the principal of this Note ("Disbursement Date") until maturity at the rate of four and 96/100 percent (4.96%) per annum ("Contract Rate") as follows: