Date of First Disbursement definition

Date of First Disbursement is the day in which the Banks shall collect the first disbursement of the Loan, according to the provisions in 2.05 and 4.01. The disbursement shall be made on the same day as this Agreement is entered into, pursuant to the fulfillment of all the Conditions Precedent at the discretion of the Banks, or the business day after the Agreement is entered into, according to the provisions in 4.01 of this Agreement.

Examples of Date of First Disbursement in a sentence

  • Distribution of Loans by Date of First Disbursement Number of LoansPrincipal Balance E.

  • Servicing the monthly instalmentNote: The commencement date for payment of (a) and (b) will be as follows:- Date of First Disbursement Important: Your monthly instalment and total payment will vary if the BR changes.

  • Servicing the Grace Period Profit (GPP) / monthly progressive profit; orb)Servicing the monthly instalmentNote: The commencement date for payment of (a) and (b) will be as follows:- Date of First Disbursement Important: Your monthly instalment and total payment will vary if the BR changes.

  • Date of First Disbursement of Term Loan8.Term Loan Account No.9.Project Report, covering1.

  • Date of First Disbursement REQUIRED– Must match the disbursement date listed on the promissory note– If MPN, must match the disbursement history– Must match information provided to NSLDS– If a borrower’s Perkins Loans were reported to NSLDS as one loan, report the date of the first disbursement of the first loan the borrower received.

  • Key timelines planned or expected for project implementationKey project’s milestones Date Project Document Signature date 29May2009 Date of First Disbursement 12 June 2009 Original Planned Closing Date 30 June 2012 Expected Closing Date 30 August 2012 2.2. Problems that the project sought to address Georgia holds the major part of the region’s biodiversity with almost all Caucasus ecosystems and habitats represented and a high number of globally threatened species.

  • TL-1 TL-2 TL-3 TL-4 TL-5 Purposes Name of Machines Total Cost Sanc Limit Margin Date of First Sanctions Date of First Disbursement Moratorium Repayment Started Date of last Insll Loan Amt As on …………..

Related to Date of First Disbursement

  • L/C Disbursement means a payment or disbursement made by an Issuing Bank pursuant to a Letter of Credit.

  • Final Disbursement Date means the last date on which Lender may make a Disbursement set forth in Section 10 of the Loan Authorization Agreement (including as amended by an Extension) or, if such date is not a Business Day, the next succeeding Business Day; provided, however, to the extent that Lender has not received cash collateral in the amount of the Letter of Credit Obligations or an equivalent full indemnity from Borrower or Guarantor, as applicable, with respect to Letter of Credit Obligations outstanding on the Final Disbursement Date, the Final Disbursement Date with respect to an advance to fund a drawing under such Letter of Credit shall be no later than thirty (30) days after any such drawing which may be no later than the expiry date of the Letter of Credit related thereto.

  • Disbursement Date is defined in Section 2.6.2.

  • L/C Disbursements a payment or disbursement made by the Issuing Lender pursuant to a Letter of Credit.

  • Revolving Loan Termination Date means the earlier of (a) the fifth anniversary of the Funding Date and (b) the date of termination in whole of the Aggregate Revolving Loan Commitment pursuant to Section 2.05(a) or Section 9.01 hereof.

  • Revolver Termination Date means the date that is the four (4) year anniversary of the Restatement Effective Date, unless extended with the consent of each Lender in its sole and absolute discretion.

  • Disbursement Period means the period during which Grant Funds may be disbursed.

  • State disbursement unit or "SDU" means the entity established in section 6 of the office of child support act, 1971 PA 174, MCL 400.236.

  • Delayed Draw Term Loan Commitment Termination Date means the earliest to occur of (i) December 31, 2008, (ii) the date the Delayed Draw Term Loan Commitments are permanently reduced to zero pursuant to Section 2.1, and (iii) the date of the termination of the Delayed Draw Term Loan Commitments pursuant to Section 11.1.

  • Term Loan Termination Date means the earlier to occur of the (i) Term Loan Maturity Date or (ii) Early Termination Date.

  • Discounted Prepayment Effective Date means in the case of a Borrower Offer of Specified Discount Prepayment, Borrower Solicitation of Discount Range Prepayment Offer or Borrower Solicitation of Discounted Prepayment Offer, five (5) Business Days following the Specified Discount Prepayment Response Date, the Discount Range Prepayment Response Date or the Solicited Discounted Prepayment Response Date, as applicable, in accordance with Section 2.05(a)(v)(B)(1), Section 2.05(a)(v)(C)(1) or Section 2.05(a)(v)(D)(1), respectively, unless a shorter period is agreed to between the Borrower and the Auction Agent.

  • Special Reimbursement Date means, the special payment date established in connection with a Reimbursement under Special Circumstances as described hereunder “Extraordinary Events and Special Circumstances – Reimbursement Under Special Circumstances and Payment”.

  • Applied Special Termination Advance has the meaning assigned to such term in Section 2.05.

  • Revolving Loan Commitment Termination Date means the earliest of

  • Term Loan Commitment Termination Date means with respect to the Tranche B Term Loans, the date which is the earlier to occur of (x) the date which is seven years after the Third Restatement Date and (y) the first date on which all undrawn Term Loan Commitments have been terminated or reduced to zero pursuant to the terms hereof.

  • Extension Determination Date means, in respect of a Series of Covered Bonds, the date falling two Business Days after the expiry of seven days from (and including) the Final Maturity Date of such Covered Bonds.

  • Payment Date Advance Reimbursement has the meaning set forth in Section 8.03(a)(iii)(A) of the 20[•]-[•] Servicing Supplement.

  • Credit allowance date means with respect to any qualified equity investment:

  • Reimbursement Date as defined in Section 2.4(d).

  • Swingline Termination Date means the date which is 7 Business Days prior to the Termination Date.

  • Designated Disbursement Account means the account of the Borrower maintained with the Administrative Agent or its Affiliate and designated in writing to the Administrative Agent as the Borrower’s Designated Disbursement Account (or such other account as the Borrower and the Administrative Agent may otherwise agree).

  • Disbursement Rate means an annual rate of interest, as of the date of determination, equal to the greater of (a) eight percent (8%) and (b) the per annum rate for ten (10) year U.S. Treasury Obligations as published in The Wall Street Journal plus three hundred (300) basis points; provided, however, that in no event shall the Disbursement Rate exceed eleven and one-half percent (11.5%).

  • Special Termination Advance means an Advance made pursuant to Section 2.02(g).

  • Administrative Purchase Payment means, with respect to a Payment Date and to an Administrative Receivable purchased by the Seller or the Servicer as of the end of the related Collection Period, the sum of (a) the unpaid principal balance owed by the related Obligor in respect of such Receivable and (b) interest on such unpaid principal balance at a rate equal to the APR of the related Receivable from the date of last payment by such Obligor to the last day of such Collection Period.

  • Non-Extension Advance means an Advance made pursuant to Section 2.02(b).

  • Agent Advance shall have the meaning provided in Section 2.01(e).