Direct Disbursement definition

Direct Disbursement means any provision of money that is disbursed by us directly to the Student Borrower. A Direct Disbursement may be made by check, electronic funds transfer, or any other means of disbursement that we select in our sole discretion that is accepted by you.
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Direct Disbursement shall have the meaning set forth in Section 2.06.
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Direct Disbursement means funds available for reimbursement of indigent defense expenses to counties that do not apply for the formula grant.
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Examples of Direct Disbursement in a sentence

  • From time to time, Seller shall deposit applicable Haircut Amounts into the Haircut Account in connection with Direct Disbursement Transactions as described herein.

  • Such transfer of funds to the applicable Settlement Party on the Purchase Date for any Direct Disbursement Transaction will constitute full payment by Buyer of the Purchase Price for such Mortgage Loan and will be subject to the Lien of the Buyer created hereby.

  • In connection with a failed Direct Disbursement Transaction, Buyer shall deposit in the Haircut Account, if applicable, the portion of disbursement proceeds allocable to the Haircut Amount returned by a Settlement Party.

  • The Company may not reimburse itself or an Affiliate for amounts previously paid by the Company or an Affiliate for Costs of the Project from the Company Direct Disbursement Account.

  • The fully executed Ex-Im Bank Approval with respect to such Credit shall be in full force and effect (i) in the case of a Reimbursement or Direct Disbursement, on the relevant Disbursement Date or (ii) in the case of an L/C Payment, on the date of the issuance of the relevant Letter of Credit.

  • The Ex-Im Bank Approval with respect to such Credit must continue to be in full force and effect (a) in the case of a Reimbursement or Direct Disbursement, on the relevant Disbursement Date or (b) in the case of an L/C Payment, on the date of the issuance of the relevant Letter of Credit.

  • Such other documents, certificates, instruments or information relating to the Agreement, the Ex-Im Bank M/T Credit Agreement (if any) or the Note(s) or the relevant Transaction as Ex-Im Bank may have reasonably requested shall have been delivered in form and substance satisfactory to Ex-Im Bank (i) in the case of a Reimbursement or Direct Disbursement, on the relevant Disbursement Date or (ii) in the case of an L/C Payment, on the date of the issuance of the relevant Letter of Credit.

  • Any modifications will be approved by the Chief of Police prior to implementation.

  • The Lender must have received such other documents, certificates, instruments or information, if any, as required by Ex-Im Bank in the Ex-Im Bank Approval with respect to such Credit (“Other Documents”) (i) in the case of a Reimbursement or Direct Disbursement, on the relevant Disbursement Date or (ii) in the case of an L/C Payment, on the date of the issuance of the relevant Letter of Credit.

  • The making of the Direct Disbursement will allow the Subsidiary to finance the acquisition of the Acquired Assets, which acquisition clearly constitutes a direct, pecuniary benefit to the Subsidiary.