Disbursement Voucher definition

Disbursement Voucher means Borrower's written request for a Loan Advance set forth on the form attached hereto as Exhibit B.
Disbursement Voucher means Borrower's written request for a Loan Advance set forth on a form satisfactory to Lender. "Effective Date" means the date of this Agreement. "Event of Default" has the meaning set forth in 7.1. "Facility" means each skilled nursing, assisted living or retirement facility leased to Borrower pursuant to a Lease. "Financial Statements" means the annual, quarterly and year-to-date financial statements of Borrower submitted to Lender prior to Closing. "Guarantor" means Texas-ESC-Lubbock, L.P., a Washington limited partnership. "Lease" means the Amended and Restated Master Lease Agreement dated September 30, 2003 by which Lender leased each Facility to Borrower, as amended from time to time. "Lease Documents" means the Lease and all other documents executed by Borrower in connection with the Lease, each as amended from time to time. "Lender" means Health Care REIT, Inc., its successors and assigns. "Lender Affiliate" means any person, corporation, partnership, limited liability company, trust or other legal entity that, directly or indirectly, controls or is controlled by, or is under common control with Lender. "Control" (and the correlative meanings of the terms "controlled by" and "under common control with") means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of such entity. "Lender Affiliate" includes without limitation, HCRI Mississippi Properties, Inc. "Loan" means the loan by Lender to Borrower in the amount up to the Loan Amount. "Loan Amount" means $25,800,000.00. "Loan Advance" means each advance of proceeds of the Loan. "Loan Documents" means [i] this Agreement; [ii] the Note; and [iii] all other documents and instruments executed by Borrower in connection with the Loan, each as amended from time to time. "Loan Expenses" means all reasonable costs and expenses incurred by Lender in investigating, making and administering the Loan, including but not limited to, [i] reasonable attorneys' and paralegals' fees and costs; and [ii] reasonable travel, transportation, food, and lodging costs and expenses incurred by Lender and Lender's attorneys and paralegals. "Material Obligation" means [i] any indebtedness in excess of $250,000.00 secured by a security interest in or a lien, deed of trust or mortgage on any of the Facility (or any part thereof, including any Personal Property) and any agreement relating thereto; [ii] any obligation or agreement that is material to the constructio...
Disbursement Voucher means Developer's written request for a disbursement set forth on a form satisfactory to Landlord.

Examples of Disbursement Voucher in a sentence

  • Tenant shall request each Contingent Payment by submitting a Contingent Payment Request to Landlord or in the case of Contingent Payments for Project Improvements, a Disbursement Voucher pursuant to the Disbursing Agreement.

  • For each Loan Advance, Manager, on behalf of Borrower, shall submit to Lender and Borrower a Disbursement Voucher.

  • Lender may make disbursements from time to time but shall not be obligated to disburse more frequently than once in each calendar month and shall not be obligated to disburse until at least seven Business Days following receipt of a Disbursement Voucher.

  • Manager shall have delivered to Lender a Disbursement Voucher in accordance with Section 2.5.1.

  • Borrower shall have delivered to Lender fully executed originals of the Transaction Documents and a Disbursement Voucher.

  • Manager estimates that the schedule of Loan Advances will be in accordance with the Disbursement Schedule; provided, however, the actual disbursement dates shall be determined by the dates on which Manager submits a Disbursement Voucher in accordance with the working capital needs of the Facility.

  • The Disbursement Voucher will have full probative value and legal force to accredit the transaction carried out, the amount of the same, its nature, as well as the characteristics and scope of its instructions.

  • Developer shall have delivered a Disbursement Voucher to Landlord.

  • Tenant shall request each Contingent Payment by submitting a Contingent Payment Request to Landlord or in the case of Contingent Payments for Project Improvements, a Disbursement Voucher pursuant to the Disbursirig Agreement.

  • Each disbursement of the credit shall be documented with a Disbursement Voucher.


More Definitions of Disbursement Voucher

Disbursement Voucher. Means the document issued as proof of a disbursement made by the Borrower, a copy of which shall be delivered by electronic means to the Borrower.