Actual Disbursement Amount definition

Actual Disbursement Amount means the sum of all disbursements, expenses and payments made by the Credit Parties during the relevant Period of determination, as determined in a manner consistent with the Approved Budget.

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Actual Disbursement Amount means the sum of all cash expenditures made by Holdings and any of its Subsidiaries during the relevant period of determination which corresponds to the budgeted cash expenditures described in the line item “Aggregate Cash Disbursements” contained in the Approved Budget as determined in a manner consistent with the Approved Budget.

Actual Disbursement Amount means the sum of all cash expenditures made by the Loan Parties during the relevant period of determination which corresponds to each of the budgeted cash expenditures described in the line item contained in the Approved Budget across from the headings “Total Disbursements” (but excluding the line item across from the headings “Professional Fees”) determined in a manner consistent with the Approved Budget.

Examples of Actual Disbursement Amount in a sentence

Actual Disbursement Amount - the actual amount of all disbursements (other than for the line items for “Interest and Fees”, “Related Party Expenses”, “Amendment Fees”, “Montrovest Fee on the $5MM LC”, “Capital Lease Repayments”, and “IQ Principal Payments”) made by the Loan Parties during the relevant period of determination.
Commencing at the end of the fourth full fiscal week following the Petition Date and for each fiscal week thereafter, the Loan Parties shall not permit (i) Actual Cash Receipts for any Cumulative Four-Week Period to be less than 90% of Budgeted Cash Receipts for any such Cumulative Four-Week Period and (ii) the Actual Disbursement Amount for any Cumulative Four-Week Period to be greater than 110% of the Budgeted Disbursement Amount for any such Cumulative Four Week Period.
Upon the receipt by Borrowers of the Cure Amount pursuant to the exercise of such Equity Cure Right, such Cure Amount shall be deemed to reduce the Actual Disbursement Amount for the applicable calendar month or two calendar month period and the Approved Budget Covenant shall be recalculated for all purposes under the Loan Documents.
Upon the receipt by the Issuer of the Cure Amount pursuant to the exercise of such Equity Cure Right, such Cure Amount shall be deemed to reduce the Actual Disbursement Amount for the applicable calendar month or two calendar month period and the Approved Budget Covenant shall be recalculated for all purposes under the Note Documents.

More Definitions of Actual Disbursement Amount

Actual Disbursement Amount means, for any period, the sum of all cash expenditures made by the Loan Parties during such period.

Actual Disbursement Amount means, for any period, the sum of all cash expenditures made by the Borrower during such period.

Actual Disbursement Amount means the actual amount of all disbursements made by Borrower during the relevant period.

Actual Disbursement Amount means the actual amount of all disbursements (other than for the line items for “Interest and Fees”, “Related Party Expenses”, “Amendment Fees”, “Montrovest Fee on the $5MM LC”, “Capital Lease Repayments”, and “IQ Principal Payments”) made by the Loan Parties during the relevant period of determination.

Actual Disbursement Amount is hereby deleted in its entirety.

Actual Disbursement Amount means the actual amount of all disbursements made by the Loan Parties during the relevant Period.