Disbursement definition

Disbursement is defined in Section 2.6.2.

Disbursement has the meaning set forth in Section 3.1.

Disbursement means, collectively, (a) an advance of a working capital loan from Lender to Borrower under the Loan Facility, and (b) an advance to fund a drawing under a Letter of Credit issued or caused to be issued by Lender for the account of Borrower under the Loan Facility.

Examples of Disbursement in a sentence

• The LEA will request that payment be made to the Vendor within thirty (30) days, pursuant to the Disbursement Request.

• Disbursement of tranches will commence on __________8 and will be made over a period of __________9 months.

• This sum shall be provided in a single disbursement on [Disbursement Date] directly to the Borrower’s designated account [Account Information, if applicable].

• Without limiting the generality of the foregoing, no Disbursement shall constitute a waiver of any conditions to the Governmental Lender’s or the Funding Lender’s obligation to make further Disbursements nor, in the event Borrower is unable to satisfy any such conditions, shall any such waiver have the effect of precluding the Governmental Lender or the Funding Lender from thereafter declaring such inability to constitute a Potential Default or Event of Default under this Borrower Loan Agreement.

• Disbursement of the Grant is subject to the availability and receipt of grant funds from HUD and the State.

More Definitions of Disbursement

Disbursement means any Lease Deficit Disbursement, any Unpaid Demand Note Disbursement, any Termination Date Disbursement or any Termination Disbursement under a Series 2006-1 Letter of Credit, or any combination thereof, as the context may require.

Disbursement means any Lease Deficit Disbursement, any Unpaid Demand Note Disbursement, any Termination Date Disbursement or any Termination Disbursement under a Multi-Series Letter of Credit, or any combination thereof, as the context may require.

Disbursement means a disbursement of Borrower Loan Proceeds and Other Borrower Moneys pursuant to this Borrower Loan Agreement.

Disbursement means a payment in cash.

Disbursement means any of the following:

Disbursement means any payment of moneys, including any transfer of funds, by any means.

Disbursement means the date funds are wire transferred from Holder's account) of all or a part of the principal of this Note ("Disbursement Date") until maturity at the rate of four and 96/100 percent (4.96%) per annum ("Contract Rate") as follows: