Additional Disbursement definition
Examples of Additional Disbursement in a sentence
The Additional Disbursement will be advanced to Borrower in accordance with the Loan Agreement and the other Loan Documents as of the date hereof and will be subject in all respects to the interest, payment and other terms currently set forth in the Note.
Borrower hereby represents and warrants that each of the conditions precedent to the advance of the Additional Disbursement have been satisfied, as of the date hereof.
In addition to the foregoing, the obligation of IFC to make the second Additional Disbursement is also subject to the condition that IFC has received evidence satisfactory to it that the Rabobank Debt has been paid in full.
Borrower hereby restates and reaffirms all of the covenants, representations and warranties set forth in the Loan Agreement, as if made as of the date of this Amendment and with regard to the Loan and the Additional Disbursement.
Pursuant to the Loan Agreement, on each Additional Disbursement Date or any other date in which any Replacement Unit is subjected to the Loan Agreement, among other things, the Borrower and the Lender shall enter into a Loan Agreement Supplement which shall describe the [Additional Equipment] [Replacement Units] being assigned to the Trustee by means of a Contribution Agreement.
Each Additional Disbursement of the Additional Loans shall be allocated pro rata to the A-2 Loan and the B-2 Loan.
The Additional Disbursement will be advanced to Borrower in accordance with the Loan Agreement and the other Loan Documents as of the date hereof and will be subject in all respects to the interest, payment and other terms set forth in the Note, as amended hereby.
Borrowers hereby represent and warrant that each of the conditions precedent to the advance of any Additional Disbursement have been satisfied, as of the date hereof.
On the date of disbursement of the Additional Disbursement, Borrower acknowledges and agrees that, in accordance with the Note, the interest rate thereunder as adjusted shall remain at 3.50% per annum.
Within 2 business days following deconversion (June 12, 2012) for all Accounts other than those relating to the Additional Disbursement Loans; July 1, 2012 for all Accounts relating to the Additional Disbursement Loans IntID Query Provide a query file that matches IntID, SSN and name at the borrower level.