Disbursement definition

Disbursement is defined in Section 2.6.2.
Disbursement has the meaning set forth in Section 3.1.
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.

Examples of Disbursement in a sentence

  • Prior to 1:00 p.m. on the Business Day immediately following the Disbursement Date, the applicable Borrower will reimburse such LC Issuer, for all amounts which such LC Issuer has disbursed under such Letter of Credit.

  • The Issuing Bank shall as promptly as possible give telephonic notification, confirmed by fax, to the Agent and the Borrower of such demand for payment and whether the Issuing Bank has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse the Issuing Bank and the Revolving Credit Lenders with respect to any such L/C Disbursement.


More Definitions of Disbursement

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.
Disbursement means a payment in cash.
Disbursement means any of the following:
Disbursement means a disbursement of Borrower Loan Proceeds and Other Borrower Moneys pursuant to this Borrower Loan Agreement.
Disbursement means any payment of moneys, including any transfer of funds, by any means.
Disbursement means any disbursement of the Loan;
Disbursement has the meaning set forth in Section 2.03(d)(iii).