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

  • Disbursed VA Claim Payment MM/DD/YYYY VA_CLAIM_PAID_AMT Amount Veterans Admin.

  • 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.

  • The purchase price at which Lessor shall sell the Leased Premises to Lessee, shall be the total amount of Initial Disbursed Funds disbursed by Lessor to acquire the Leased Premises at the Closing Date (as defined in the Commitment), plus the total amount of funds disbursed pursuant to this Agreement, plus all accrued interest and incurred expenses of Lessor fundable pursuant to this Agreement, plus all reasonable costs of collection and enforcement of the terms hereof.

  • After each Disbursed Amount shall have been withdrawn, the Bank shall promptly notify the Borrower of the amortization schedule for such Disbursed Amount.

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

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

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

  • Account to Which Loan Will Be Disbursed on Behalf of Borrower Account Holder Bank Name: Educational Institute Bank 15.

  • Disbursed proceeds of the Development Financing shall accrue interest at a rate of seven percent (7.0%) per annum, which interest shall accrue unpaid unless advanced by Lessor to itself, or Lessee shall default hereunder, which default shall remain uncured after the expiration of any applicable notice and cure period.