Disburse definition

Disburse or “Disbursement” means the funds the Contractor pays to others on behalf of the Agency.
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Disburse means to make awarded loan proceeds available to the borrower, including by crediting those loan proceeds to a borrower’s student account at the institution of attendance;
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Disburse means to deliver the funds approved by the Board to the escrow account of the closing attorney.
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Examples of Disburse in a sentence

  • Disburse, or cause to be disbursed, the funds of the corporation as may be directed by the Board of Directors, taking proper vouchers for such disbursements.

  • Disburse, or cause to be disbursed, the funds of the Corporation as may be directed by the Board of Directors, taking proper vouchers for such disbursements.

  • Disburse the balance of funds and documents in escrow to Seller and Purchaser as the respective interest appear.

  • Disburse, or cause to be disbursed, the funds of the corporation as may be directed by the board of directors, taking proper vouchers for such disbursements.

  • Disburse or be responsible for the disbursement of the funds of the corporation as may be ordered by the Board of Directors or a duly appointed and authorized committee of the Board of Directors.

  • Disburse or cause to be disbursed the funds of the Corporation as may be directed by the Board of Directors, taking proper vouchers for those disbursements.

  • Disburse wages in respect of workers working on Purchaser’s jobs inside the premises under the supervision of nominated representative of the Purchaser.

  • Disburse withdrawn or loaned funds, upon approval of each disbursement by the savings bank.

  • Disburse Wages in respect of workers working on Purchaser’s jobs inside the premises under the supervision of nominated representative of the Purchaser.

  • Disburse Wages in respect of workers working on Purchaser’s jobs inside the premises under the supervision of nominated representative of the Purchaser.Iii Production of Wage / Attendance Register along with E.


More Definitions of Disburse

Disburse. Means to issue a check.
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Disburse shall have a similar meaning.
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Disburse or any derivative of the word means the act of Settlement Agent or any other authorized party releasing the Loan Proceeds to the appropriate persons.
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Related to Disburse

  • Disbursement Account has the meaning ascribed to it in Section 1.1(e).

  • Disbursement Agent means Deutsche Bank National Trust Company and its successors and permitted assigns, or such other entity as mutually agreed upon by Agent and Seller.

  • Escrowed Funds Has the meaning, with respect to any Trust, specified in Section 2.02(b).

  • Escrow Deposit has the meaning set forth in Section 2.1.

  • Escrow Account The separate account or accounts created and maintained pursuant to Section 4.06.

  • Escrowed Proceeds means the proceeds from the offering of any debt securities or other Indebtedness paid into an escrow account with an independent escrow agent on the date of the applicable offering or Incurrence pursuant to escrow arrangements that permit the release of amounts on deposit in such escrow account upon satisfaction of certain conditions or the occurrence of certain events. The term “Escrowed Proceeds” shall include any interest earned on the amounts held in escrow.

  • Invest or "investment" means the utilization of money in the expectation of future returns in the form of income or capital gain. Investments initially purchased in accordance with this act that subsequently do not qualify for purchase for any reason shall be considered to continue to meet the requirements of this act. Investment includes a guarantee by an investment fiduciary but does not include, as a sole investment, a pledge of the system's assets as collateral to guarantee the repayment of obligations made by a third party to a borrower.

  • Funds means financial assets and benefits of every kind, including, but not limited to:

  • the Treasurer means the person elected from time to time to be the treasurer of the Club in accordance with Rule 9;

  • Disbursement Accounts has the meaning ascribed to it in Annex C.

  • Required Repair Account shall have the meaning set forth in Section 7.1.1 hereof.

  • Reserve Fund Initial Deposit means the initial deposit of cash in the amount of $3,846,153.85 made by or on behalf of the Seller into the Reserve Fund on the Closing Date.

  • Escrow Funds means the Advance funds deposited with the Escrow Agent pursuant to this Agreement.

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Controlled Disbursement Account means any accounts of the Borrowers maintained with the Administrative Agent as a zero balance, cash management account pursuant to and under any agreement between a Borrower and the Administrative Agent, as modified and amended from time to time, and through which all disbursements of a Borrower, any other Loan Party and any designated Subsidiary of a Borrower are made and settled on a daily basis with no uninvested balance remaining overnight.

  • Loan Proceeds means all amounts advanced as part of the Loan, whether advanced directly to Borrower or otherwise.

  • Direct Account means an Account established directly with and through BNYM as a registered account on the Fund Registry and through which the owner of record has the ability to directly conduct account and transactional activity with and through BNYM.

  • Construction Fund means an account specifically identified in the Indenture to hold funds which are currently available for expenditure to acquire or construct public facilities eligible under the Act.

  • Disbursement Date is defined in Section 2.6.2.

  • Insurance Proceeds Account has the meaning given to such term in the Accounts Agreement.

  • Project Account means the account referred to in Section 3.04 (a) of this Agreement;

  • Project Funds means all moneys disbursed to the Recipient by the State Water Board for eligible Project Costs pursuant to this Agreement.

  • Purchase Fund means a fund by that name that may be established by a Certificate of Determination pursuant to Section 403 hereof.

  • Escrow Accounts means (1) accounts of the Borrower or any Subsidiary, solely to the extent any such accounts hold funds set aside by the Borrower or any Subsidiary (plus accrued interest thereon) to manage the collection and payment of amounts collected, withheld or incurred by the Borrower or such Subsidiary for the benefit of third parties relating to: (a) federal income tax withholding and backup withholding tax, employment taxes, transportation excise taxes and security related charges, (b) any and all state and local income tax withholding, employment taxes and related charges and fees and similar taxes, charges and fees, including, but not limited to, state and local payroll withholding taxes, unemployment and supplemental unemployment taxes, disability taxes, xxxxxxx’x or workers’ compensation charges and related charges and fees, (c) state and local taxes imposed on overall gross receipts, sales and use taxes, fuel excise taxes and hotel occupancy taxes, (d) passenger facility fees and charges collected on behalf of and owed to various administrators, institutions, authorities, agencies and entities, (e) other similar federal, state or local taxes, charges and fees (including without limitation any amount required to be withheld or collected under applicable law) and (f) other funds held in trust for, or otherwise segregated for the benefit of, an identified beneficiary; in each case, held in escrow accounts, agent accounts, trust funds or other segregated accounts; or (2) accounts, capitalized interest accounts, debt service reserve accounts, escrow accounts and other similar accounts or funds established in connection with the ARB Indebtedness.

  • Holding Account means an interest-bearing deposit account belonging to the Agent for the benefit of the Lenders into which the Borrower may be required to make cash deposits pursuant to the provisions of this Agreement, such account to be under the sole dominion and control of the Agent and not subject to withdrawal by the Borrower, with any amounts therein to be held for application toward payment of any outstanding Letters of Credit when drawn upon.

  • Project Fund means the fund required to be established by this Resolution for the deposit of the proceeds of the Bonds.