Disbursement Date(s) definition

Disbursement Date(s). These are the dates on which the Bank will disburse the Loan to the Borrower once the conditions established in Section III have been met.
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Disbursement Date(s) means the date(s) upon which the Series 2024 Subordinate Tier Note proceeds are disbursed to the Trustee for deposit to the credit of the Construction Fund, subject to Corporation's completion of the Disbursement Conditions.
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Disbursement Date(s) means the Tranche A Loan Disbursement Date, Tranche B Loan Disbursement Date, Tranche C Loan Disbursement Date, and/or Tranche D Loan Disbursement Date.
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Examples of Disbursement Date(s) in a sentence

  • FURTHER, WHILE GBCI TAKES REASONABLE EFFORTS TO ENSURE THE FUNCTIONALITY OF THE APPLICATION, ANY OF THE FOREGOING MAY CONTAIN CALCULATIVE, PROGRAMMATIC OR OTHER ERRORS, INCLUDING ERRORS THAT COULD RESULT IN INTERRUPTION OF SERVICE OR LOSS OF DATA, OR POTENTIALLY CAUSE A FORM TO MISREPRESENT COMPLIANCE OR NON-COMPLIANCE WITH A MEASURE, AND, ACCORDINGLY, IN NO EVENT SHALL ANY GBCI INDEMNITEE BE LIABLE TO YOU OR ANY OTHER THIRD PARTY FOR ANY SUCH ERRORS.

  • On the corresponding Disbursement Dates, the Banks shall transfer the totality of the funds relevant to the Loan, gross (before taxes), costs, expenses and charges of each Bank, if applicable, in accordance with the respective Proportional Participation, to the Administrative Agent’s Account.

  • In addition, no more than two Disbursement Dates shall occur in any calendar quarter.

  • It is calculated on the basis of the Disbursement Dates of the respective Tranches using the formulae indicated in paragraph 3.

  • Interest shall be payable two years after the Disbursement Dates in arrears.

  • Disbursements shall be made on the Disbursement Dates in the following amounts.

  • Term of the Loan : The term of the Loan shall be for a period of two (2) years commencing from the Disbursement Dates.

  • Each one of the representations and warranties made by the Client in accordance with this Clause shall be correct and true on the Closing Date, as well as on the Disbursement Dates.

  • The term “Applicable Rate” as used herein shall mean the following: (a) for interest accruing from the respective Disbursement Dates (as set forth in Section 1.1 above) to December 31, 2004: 4% per annum; (b) for interest accruing from January 1, 2005 to December 31, 2005: 5% per annum; and (c) for interest accruing from January 1, 2006 to December 31, 2007: 6% per annum.

  • It is calculated at the Disbursement Dates of the respective Tranches.


More Definitions of Disbursement Date(s)

Disbursement Date(s) has the meaning set forth in Section 2.2 hereto.
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