Disbursing Account definition

Disbursing Account means the Deposit Account established by Lender for purposes of making all Advances under the Disbursing Agreement.

Disbursing Account means the bank account that will be established after the Confirmation Date to disburse the payments provided for in the Plan.

Disbursing Account means the bank account(s) maintained by the Debtor that hold monies of the Estate. The Disbursing Account shall be utilized for the purpose of paying Liquidation Expenses and making distributions to creditors pursuant to the Plan.

Examples of Disbursing Account in a sentence

• Funds equal to the balance of the AMBP Disbursing Account on the Petition Date, in an amount not less than $5,937,250, shall be paid into the Trust.

• All unpaid Class 1 administrative claims shall be paid in full, in cash, from the Disbursing Account, on or before the Effective Date of the Plan.This class of claims is unimpaired.

• The Problems with Existing DefinitionsThe definitions of “burden” and “substantial” fleshed out in Parts I and II’s case law analysis present problems for both the courts and the religious exemption claimants that come before them.

• As a result, the balance of the AMBP Disbursing Account was significantly diminished as of the end of March 2016.

• The $8,464,365 held in the AMBP Reserve Account and $4,600,000 representing the balance in the AMBP Disbursing Account on the Petition Date will be transferred to the Trust.

More Definitions of Disbursing Account

Disbursing Account means the bank account of the Debtor to be established in accordance with Section 8.01 of this Plan.

Disbursing Account means one or more accounts established by the General Partner at a depository institution in the name of the Partnership for the purpose of receiving payments from Scheduled Trustees and payments from Repurchases, and disbursing same in accordance with this Agreement. Disbursing Accounts shall be Eligible Accounts.

Disbursing Account has the meaning set forth in Section 3.5.

Disbursing Account. As defined in the Project Management Agreement.

Disbursing Account means the account to be created by the Disbursing Agent for distribution to creditors.

Disbursing Account means and refers to the account to be established, upon final approval by the Court, for disbursement of settlement proceeds.

Disbursing Account means a deposit account established by the Disbursing Agent with Security Xxxxx Xxxx, Xxxxxx Xxxxx, Xxxxxxxxx for purposes of making all Advances under this Agreement. Disbursing Agent means First Minnesota Title & Abstract, LLC, a Minnesota limited liability company, its successors and assigns.