Disbursement Notice Sample Clauses

Disbursement Notice. (a) Not less than 10 (ten) days before the proposed Scheduled Disbursement Date of a Tranche the Bank shall, if the Disbursement Request conforms to this Article 1.02, deliver to the Borrower a Disbursement Notice which shall specify:
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Disbursement Notice. If the CEB receives a Disbursement Request that complies with the Disbursement Request requirements set out Sub-clause 4.3 (a) above, and if all other relevant Disbursement Conditions as defined in Sub-clause 4.5 (Disbursement Conditions) below have been fulfilled by the Borrower, the CEB shall deliver to the Borrower a disbursement notice substantially in the form set out under Appendix 3 hereto (hereinafter, a “Disbursement Notice”). Each Disbursement Notice shall be sent at least two (2) Business Days before the proposed Disbursement Date. A Disbursement Notice shall specify:
Disbursement Notice. (1) From time to time, Recipient may submit a written notice of a claim ("Claim"), subject to the terms and provisions of Section 3 of the Assignment Agreement, to the Escrow Agent and Depositor, which notice shall include an amount as to which Recipient claims payment from the Escrow Funds (a "Disbursement Notice"). Unless Depositor, by written notice (a "Disbursement Objection Notice") to the Escrow Agent and Recipient, objects to the payment requested in a Disbursement Notice within fifteen (15) calendar days after such Disbursement Notice is received by Depositor (the "Disbursement Objection Period"), the Escrow Agent shall, within three business days after expiration of the Disbursement Objection Period, release funds from the Escrow Funds in the amount specified in the Disbursement Notice, to the extent claim does not exceed the Escrow Funds, to Recipient in immediately available funds. If a Disbursement Objection Notice shall object as to less than the entire amount of the payment subject to the Disbursement Notice, then the Escrow Agent shall release such amount specified in the Disbursement Notice (less the amount objected to in the Disbursement Objection Notice) in the manner aforesaid. If Depositor provides a Disbursement Objection Notice in the manner aforesaid, the Escrow Agent will not transfer funds from the Escrow Funds (to the extent specified in the Disbursement Objection Notice) until the receipt by the Escrow Agent of (i) a Joint Written Objection (as defined herein) or (ii) a Final Order (as hereinafter defined) providing for a release from the Escrow Funds in respect of the Disbursement Notice. For purposes of this Agreement, a "Final Order" shall mean a final order, judgment or decree of a court of competent jurisdiction, which order, judgment or decree is not subject to appeal.
Disbursement Notice. Lima, [·] [·] of 20[·] Messrs. BBVA Continental City.-
Disbursement Notice. (To be transcribed onto the Customer’s letterhead) KOPERASI BANK PERSATUAN MALAYSIA BERHAD (1146 / 7.6.50) Xx. 00, 00 & 00, Xxxxx Bank Persatuan, Xxxxx Xxxxx, Xxxxx Xxxxx, 00000 Butterworth, Pulau Pinang Dear Sirs, Re: ……………………… Facility of up to RM………………………….. only referred in the Facility Agreement dated *I/We refer to the abovementioned Facility Agreement.
Disbursement Notice. In accordance with Section 2.3 of this Agreement, the Borrower shall have delivered to the Administrative Agent (in form and substance satisfactory to it), at least three (3) Business Days before of the proposed Disbursement Date, a Disbursement Notice (in the form of Exhibit VII) requesting irrevocably the Advance.
Disbursement Notice. Date [—] Banco de Crédito del Perú, as Administrative Agent [Address] Attention: [—] Facsimile: [—] Dear Sirs: We refer to Section 2.3 of the loan agreement made as of September 17, 2010 between Gold Fields La Cima S.A.A. as Borrower; Banco de Crédito del Perú and The Bank of Nova Scotia, as Lenders; Scotiabank Perú S.A.A., as Onshore Collateral Agent; The Bank of Nova Scotia Trust Company of New York, as Offshore Collateral Agent; Banco de Crédito del Perú, as Administrative Agent; and Banco de Crédito del Perú and The Bank of Nova Scotia as Mandated Lead Arrangers (the “Loan Agreement”). Capitalized terms used and not defined herein have the meanings given to them in the Loan Agreement. We hereby confirm our request for an aggregate Advance in the amount of US$ 200,000,000.00 as follows:
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Disbursement Notice. The Borrower shall have delivered a Disbursement Notice in accordance with the requirements of Section 4.02(g) of the Depository Agreement.
Disbursement Notice. (Template) <Date, place> To the attention of: [• ] Reference number: [ ] Dear Sir/Madam, In response to your Disbursement Request dated [●] with reference to the Grant Agreement dated [•] (hereinafter, the “Agreement”) between the Council of Europe Development Bank (hereinafter, the “CEB”) and [ ] (hereinafter, the “Beneficiary”), the CEB hereby notifies to the Beneficiary, in accordance with Article 2.3 (Disbursement Procedure) of the Agreement, the amount of the <Enter number of the tranche> Tranche. The amount is EUR < ...> to be disbursed on < value date >. Yours faithfully, <Authorised Signatories> APPENDIX C REPORTING TEMPLATES (PROGRESS REPORTS AND COMPLETION REPORT) Ref: PROJECT/TECHNICAL ASSISTANCE TITLE: [PROGRESS REPORT / COMPLETION REPORT] REPORTING PERIOD: dd/mm/yyyy - dd/mm/yyyy Approved by (name and signature)_______________ Date: Table of Contents

Related to Disbursement Notice

  • Settlement Notice Upon written request received from the Master Servicer, the Servicer shall provide any report relating to such settlement to the Master Servicer on a Hazard Insurance Loss Draft Notification, together with a summary of the disposition of the proceeds.

  • Determination to Honor Drawing Request In determining whether to honor any request for drawing under any Letter of Credit by the beneficiary thereof, Agent shall be responsible only to determine that the documents and certificates required to be delivered under such Letter of Credit have been delivered and that they comply on their face with the requirements of such Letter of Credit and that any other drawing condition appearing on the face of such Letter of Credit has been satisfied in the manner so set forth.

  • Disbursement Procedure Subject to compliance by the Contracting Party with all the terms, provisions and conditions of this Agreement, including, but not limited to, the conditions precedent set forth within Sections 3, 4 and 5 hereof, the Board will cause its Depository to disburse sums to the Contracting Party, or to the appropriate payee, for the purpose of paying Costs of Construction items specified in the Approved Budget, in accordance with the following procedures:

  • Disbursement Prior to 4:00 p.m. (Atlanta, Georgia time) on the date of an Advance hereunder, the Administrative Agent shall, subject to the satisfaction of the conditions set forth in Article 4, disburse the amounts made available to the Administrative Agent by the Lenders in like funds by (i) transferring the amounts so made available by wire transfer to the Borrowers’ Disbursement Account or (ii) in the case of an Advance the proceeds of which are to reimburse an Issuing Bank pursuant to Section 2.15, transferring such amounts to such Issuing Bank. Unless the Administrative Agent shall have received notice from a Lender prior to 1:00 p.m. (Atlanta, Georgia time) on the date of any Advance that such Lender will not make available to the Administrative Agent such Lender’s ratable portion of such Advance, the Administrative Agent may assume that such Lender has made or will make such portion available to the Administrative Agent on the date of such Advance and the Administrative Agent may, in its sole discretion and in reliance upon such assumption, make available to the Borrowers or the appropriate Issuing Bank, as applicable, on such date a corresponding amount. If and to the extent such Lender shall not have so made such ratable portion available to the Administrative Agent, such Lender agrees to repay to the Administrative Agent forthwith on demand such corresponding amount together with interest thereon, for each day from the date such amount is made available to the Borrowers or the appropriate Issuing Bank, as applicable, until the date such amount is repaid to the Administrative Agent, (x) for the first two (2) Business Days, at the Federal Funds Rate for such Business Days, and (y) thereafter, at the Base Rate. If such Lender shall repay to the Administrative Agent such corresponding amount, such amount so repaid shall constitute such Lender’s portion of the applicable Advance for purposes of this Agreement and if both such Lender and the Borrowers shall pay and repay such corresponding amount, the Administrative Agent shall promptly relend to the Borrowers such corresponding amount. If such Lender does not repay such corresponding amount immediately upon the Administrative Agent’s demand therefor, the Administrative Agent shall notify the Administrative Borrower and the Borrowers shall immediately pay such corresponding amount to the Administrative Agent. The failure of any Lender to fund its portion of any Advance shall not relieve any other Lender of its obligation, if any, hereunder to fund its respective portion of the Advance on the date of such borrowing, but no Lender shall be responsible for any such failure of any other Lender. In the event that a Lender for any reason fails or refuses to fund its portion of an Advance in violation of this Agreement, then, until such time as such Lender has funded its portion of such Advance, or all other Lenders have received payment in full (whether by repayment or prepayment) of the principal and interest due in respect of such Advance, such non-funding Lender shall not (i) have the right to vote regarding any issue on which voting is required or advisable under this Agreement or any other Loan Document and, with respect to any such Lender, the amount of the Revolving Loan Commitments or Loans, as applicable, held by such Lender shall not be counted as outstanding for purposes of determining “Majority Lenders” hereunder, and (ii) be entitled to receive any payments of principal, interest or fees from the Borrowers or the Administrative Agent (or the other Lenders) in respect of its Loans.

  • Notice of Borrowing and Disbursement The Swingline Lender will make Swingline Loans available to the Borrower on any Business Day upon request made by the Borrower not later than 12:00 Noon (Charlotte, North Carolina time) on such Business Day. A notice of request for Swingline Loan borrowing shall be made in the form of Schedule 2.1(b)(i) with appropriate modifications. Swingline Loan borrowings hereunder shall be made in minimum amounts of $100,000 and in integral amounts of $100,000 in excess thereof.

  • Disbursement Requests Except as expressly provided in the Credit Agreement, Administrative Agent must receive Disbursement Requests in writing. Disbursement Requests will only be accepted from the applicable Authorized Representatives designated in the Disbursement Instruction Agreement. Disbursement Requests will be processed subject to satisfactory completion of Administrative Agent’s customer verification procedures. Administrative Agent is only responsible for making a good faith effort to execute each Disbursement Request and may use agents of its choice to execute Disbursement Requests. Funds disbursed pursuant to a Disbursement Request may be transmitted directly to the Receiving Bank, or indirectly to the Receiving Bank through another bank, government agency, or other third party that Administrative Agent considers to be reasonable. Administrative Agent will, in its sole discretion, determine the funds transfer system and the means by which each Disbursement will be made. Administrative Agent may delay or refuse to accept a Disbursement Request if the Disbursement would: (i) violate the terms of this Agreement; (ii) require use of a bank unacceptable to Administrative Agent or Lenders or prohibited by government authority; (iii) cause Administrative Agent or Lenders to violate any Federal Reserve or other regulatory risk control program or guideline; or (iv) otherwise cause Administrative Agent or Lenders to violate any applicable law or regulation.

  • Payment – Invoicing Instructions The Contractor will provide an invoice on the Contractor’s letterhead for goods delivered and/or services rendered. In the case of goods, the Contractor will leave an invoice with each delivery. Each invoice will have a number and will include the following information:

  • Notice to the Administrative Agent The Borrower shall give notice to the Administrative Agent by no later than 10:00 a.m. (Chicago time): (i) at least three (3) Business Days before the date on which the Borrower requests the Lenders to advance a Borrowing of Eurodollar Loans and (ii) on the date the Borrower requests the Lenders to advance a Borrowing of Base Rate Loans. The Loans included in each Borrowing shall bear interest initially at the type of rate specified in such notice of a new Borrowing. Thereafter, subject to the terms and conditions hereof, the Borrower may from time to time elect to change or continue the type of interest rate borne by each Borrowing or, subject to the minimum amount requirement for each outstanding Borrowing set forth in Section 1.5 hereof, a portion thereof, as follows: (i) if such Borrowing is of Eurodollar Loans, on the last day of the Interest Period applicable thereto, the Borrower may continue part or all of such Borrowing as Eurodollar Loans or convert part or all of such Borrowing into Base Rate Loans or (ii) if such Borrowing is of Base Rate Loans, on any Business Day, the Borrower may convert all or part of such Borrowing into Eurodollar Loans for an Interest Period or Interest Periods specified by the Borrower. The Borrower shall give all such notices requesting the advance, continuation or conversion of a Borrowing to the Administrative Agent by telephone, telecopy, or other telecommunication device acceptable to the Administrative Agent (which notice shall be irrevocable once given and, if by telephone, shall be promptly confirmed in writing), substantially in the form attached hereto as Exhibit B (Notice of Borrowing) or Exhibit C (Notice of Continuation/Conversion), as applicable, or in such other form acceptable to the Administrative Agent. Notice of the continuation of a Borrowing of Eurodollar Loans for an additional Interest Period or of the conversion of part or all of a Borrowing of Base Rate Loans into Eurodollar Loans must be given by no later than 10:00 a.m. (Chicago time) at least three (3) Business Days before the date of the requested continuation or conversion. All such notices concerning the advance, continuation or conversion of a Borrowing shall specify the date of the requested advance, continuation or conversion of a Borrowing (which shall be a Business Day), the amount of the requested Borrowing to be advanced, continued or converted, the type of Loans to comprise such new, continued or converted Borrowing and, if such Borrowing is to be comprised of Eurodollar Loans, the Interest Period applicable thereto. No Borrowing of Eurodollar Loans shall be advanced, continued, or created by conversion if any Default or Event of Default then exists. The Borrower agrees that the Administrative Agent may rely on any such telephonic, telecopy or other telecommunication notice given by any person the Administrative Agent in good faith believes is an Authorized Representative without the necessity of independent investigation, and in the event any such notice by telephone conflicts with any written confirmation such telephonic notice shall govern if the Administrative Agent has acted in reliance thereon.

  • Request for Advance Subject to the following conditions, the Borrower may request an Advance to be made by ensuring that the Agent receives a completed Drawdown Notice not later than 11.00 a.m. (Hamburg time) 3 Business Days prior to the intended Drawdown Date.

  • Disbursement Account 12.1 The Lender is obligated to keep the bank account information provided on the Platform up to date. The account shall be managed by a bank within the Single Euro Payment Area (hereinafter “SEPA”).

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