Partial Disbursements. If any or all conditions precedent to making a Disbursement have not been satisfied on the applicable funding date for such Disbursement, TDF shall authorize or direct the Trustee to disburse only that portion of the requested Disbursement for which all of the conditions have been satisfied.
Appears in 2 contracts
Sources: Letter of Credit and Reimbursement Agreement (Maxxam Inc), Letter of Credit and Reimbursement Agreement (Maxxam Inc)