Common use of Disbursement Amount Clause in Contracts

Disbursement Amount. The Disbursement Amount is the Amount of Loan minus the Origination Fee and the payoffs of prior loans/lines to the extent applicable.

Appears in 11 contracts

Samples: American Rebel Holdings Inc, Precipio, Inc., Applied UV, Inc.

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Disbursement Amount. The Disbursement Amount is the Amount of Loan minus the Origination Fee and the payoffs of prior loans/lines to the extent applicable. Fees The Origination Fee is deducted at the time of disbursement.

Appears in 1 contract

Samples: Business Loan and Security Agreement (Vapor Hub International Inc.)

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