Disbursement Procedures definition

Disbursement Procedures the procedures set forth in Annex C hereto;

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Disbursement Procedures the disbursement procedures set forth in Annex A hereto;

Disbursement Procedures the disbursement procedures attached hereto as Annex A;

Examples of Disbursement Procedures in a sentence

• The Obligors shall not request or apply any portion of any Term Loan other than in accordance with this Section 2.1 (Term Loans), Sections 2.02 (Term Loan Availability) and 2.10 (Use of Proceeds) of this Agreement and Sections 2.3 (Disbursement Procedures), 2.4 (Pro Rata Advances), 2.6 (Currency) and 12.1 (Use of Proceeds) of the Common Terms Agreement.

• The Obligors shall not request or apply any portion of any Working Capital Loan other than in accordance with this Section 2.03 (Working Capital Loans), Sections 2.04 (Working Capital Loan Availability) and 2.10 (Use of Proceeds) and Section 2.3 (Disbursement Procedures) and Section 2.6 (Currency) of the Common Terms Agreement.

• The proceeds of the Loan will be advanced by the Lender to the Borrower in accordance with the Disbursement Procedures set forth in Exhibit C.

• The Loan Parties shall not request or apply any portion of any Working Capital Loan other than in accordance with Section 2.02(b) (Availability) and Section 8.01 (Use of Proceeds) of this Agreement and Section 2.3 (Disbursement Procedures) and Section 2.6 (Currency) of the Common Terms Agreement.

• The Loan Parties shall not request or apply any portion of any Term Loan other than in accordance with Section 2.02(b) (Availability) of this Agreement and Sections 2.3 (Disbursement Procedures), 2.4 (Pro Rata Advances) and 2.6 (Currency) of the Common Terms Agreement and Section 2.07 (Use of Proceeds) of this Agreement.

More Definitions of Disbursement Procedures

Disbursement Procedures means the processes, procedures, obligations, rights, actions and limitations specified in section 5.16 through and including 5.22 of the Plan.

Disbursement Procedures procedures set forth in Attachment 3;

Disbursement Procedures means the disbursement procedures set forth in Attachment 4 (Disbursement Procedure).

Disbursement Procedures means the method, procedure, conditions and requirements for disbursement of any, all and each disbursement of the Agency Loan proceeds (except monies authorized to be paid into Escrow for Developer’s acquisition of the Site and monies disbursed pursuant to the Predevelopment Loan Agreement) that are set forth in the Disbursement Procedures attached hereto as Attachment No. 12 and incorporated herein by this reference.

Disbursement Procedures means the procedures specified in APPENDIX 3 to govern the manner in which HOME Funds will be made available to the CHDO.

Disbursement Procedures means those procedures for disbursement from the Escrow Fund set forth on Schedule A annexed hereto and made a part hereof. ESCROW FUND shall mean the fund so designated and established pursuant to Section 3.1 hereof, consisting of the Developer's Account and the SJTA Account..

Disbursement Procedures. All funds disbursed under the Loan shall be subject to the Lender's Construction Loan Agreement, which shall contain such terms, covenants, and conditions as shall be satisfactory to the Lender, including without limitation, the following: Draw Request: All requests for disbursement of -------------- funds ("Phase I Loan Disbursement") shall be in writing using the Lender's standard form of Borrower Certificate and shall be submitted on a Standard AIA Form G702 and G703, including any change orders on a Standard AIA Form G701, and including invoices for any "soft costs," and shall be for costs consistent with the final Project cost breakdown as presented on Lender's standard "Soft and Hard Cost Requisition" form and accepted by the Lender in aggregate total and itemization. Draw requests should not be made more frequently than once per month. Lender may, in its sole discretion permit disbursements for materials stored off-site. Each draw request shall be certified by the Borrowers and approved in writing by the Project Architect or Engineer, and the Lender's independent inspector.