Disbursement Requests definition
Examples of Disbursement Requests in a sentence
The aggregate dollar amount for such Disbursement Requests shall not exceed the grant amount set forth in Appendix C.
Disbursement Requests will only be accepted from the applicable Authorized Representatives designated in the Disbursement Instruction Agreement.
Administrative Agent is only responsible for making a good faith effort to execute each Disbursement Request and may use agents of its choice to execute Disbursement Requests.
Disbursement Requests will be processed subject to satisfactory completion of Administrative Agent’s customer verification procedures.
Disbursement Requests will be final and will not be subject to stop payment or recall; provided that Administrative Agent may, at Borrower’s request, make an effort to effect a stop payment or recall but will incur no liability whatsoever for its failure or inability to do so.
Administrative Agent will not execute Disbursement Requests expressed in foreign currency unless permitted by the Credit Agreement.
Except as expressly provided in the Credit Agreement, Administrative Agent must receive Disbursement Requests in writing.
Borrower agrees to notify Administrative Agent of any errors in the Disbursement of any funds or of any unauthorized or improperly authorized Disbursement Requests within fourteen (14) days after Administrative Agent’s confirmation to Borrower of such Disbursement.
Disbursement Requests for Subsequent Disbursements to be deposited into an account at ▇▇▇▇▇ Fargo Bank, N.A. must specify the amount and applicable account.
Administrative Agent will not execute Disbursement Requests expressed in foreign currency unless permitted by the Loan Agreement.