Disbursed definition

Disbursed means the Eligible Postsecondary Institution has credited the student’s account, issued or made available to the student a check, or directly deposited the funds in the student’s personal account.
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Disbursed mean the transfer of Loan Funds to a Consultant in respect of the relevant Funded Project Activity.
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Examples of Disbursed in a sentence

  • Interest shall accrue on each Disbursed Amount outstanding from time to time at a rate based on a floating rate index prior to its Rate Fixing Date and at a fixed rate from its Rate Fixing Date, as described in paragraph 2 of this Part B.

  • The principal amount of the Loan shall be divided into Disbursed Amounts.

  • Each installment shall be one-twelfth (1/12) of such Disbursed Amount.

  • Each installment shall be one-eighteenth (1/18) of such Disbursed Amount.

  • Disbursed IDA funds of Transfers to the Partial Credit Guarantee Account for purposes of issuing Partial Credit Guarantees under Part 1 (c) of the Project will remain in the guarantee fund for 5 years after project closing, after which the Bank and the Government will determine whether to continue the guarantee fund or refund the unutilized funds in the bank account of World Bank.

  • Disbursed MoneyPlus Term Loan amount will be rounded down to the nearest hundred.

  • The last installment shall be equal to the remaining outstanding amount of the Disbursed Amount.

  • Determine Amount of Title IV Aid Disbursed or that Could Have Been DisbursedIn addition to aid disbursed, aid that could have been disbursed is used.

  • Disposition of Money Disbursed: All money disbursed pursuant to this Grant Agreement shall be deposited in a non-interest bearing account, administered, and accounted for pursuant to the provisions of applicable law.

  • Without additional summative assessment (EOY) data, itis unknown if the correlation will be more in line but, the information we gain from our short cycle assessment does satisfy some of the work we are doing to improve the current standing of the school and growth of the lowest quartile.

Related to Disbursed

  • Disbursement Account means any Deposit Account maintained by Borrower with a financial institution for the purpose of receiving and disbursing the proceeds of Loans made pursuant hereto.

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

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

  • Escrow Account The Eligible Account or Accounts established and maintained pursuant to Section 3.09(b).

  • Controlled Disbursement Account means any account 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.

  • Construction Account means the account by that name established in the FGR Subordinated Indebtedness Fund pursuant to the Second Resolution.

  • 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.

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Disbursement Date is defined in Section 2.6.2.

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

  • Disbursement is defined in Section 2.6.2.

  • Proceeds Account means a bank account of the Issuer, into which the Net Proceeds from the Initial Bond Issue will be transferred and which has been pledged in favour of the Agent and the Bondholders (represented by the Agent) under the Proceeds Account Pledge Agreement.

  • Escrowed Proceeds shall include any interest earned on the amounts held in escrow.

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

  • FF&E Reserve Account shall have the meaning set forth in Section 7.3 hereof.

  • 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).

  • Construction Loan means the loan to finance construction of the Apartment Housing, made to Owner by the Construction Lender.

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

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

  • Reserve Funds means, collectively, the Tax and Insurance Reserve Fund, the Replacement Reserve Fund, the Required Repair Fund, the Rollover Reserve Fund, the Ground Lease Reserve Fund, the Excess Cash Flow Reserve Fund and any other escrow fund established by the Loan Documents.

  • Trust Account means the trust account established by the Company upon the consummation of its IPO and into which a certain amount of the net proceeds of the IPO, together with a certain amount of the proceeds of a private placement of warrants simultaneously with the closing date of the IPO, will be deposited.

  • 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.

  • Agent Account means such account of the Administrative Agent in New York, New York as is designated in writing from time to time by the Administrative Agent to the Borrower and the Lenders for such purpose.

  • Indemnity Escrow Account has the meaning set forth in Section 2.3(c).

  • Disbursement Agent means Deutsche Bank National Trust Company, a national banking association, and its successors in interest, as disbursement agent under the Custodial and Disbursement Agreement, and any successor Disbursement Agent under the Custodial and Disbursement Agreement.