Disbursing Agreement definition

Disbursing Agreement means the Disbursing Agreement, of even date herewith, executed by the Disbursing Agent, the Borrower, and the Lender, as the same may be from time to time amended, modified, or supplemented from time to time.

Disbursing Agreement means the Disbursing Agreement, dated as of May 1, 2021, among the Corporation, the Trustee, Bremer Bank, National Association and Commercial Partners Title, LLC.

Disbursing Agreement means that certain Stadium Disbursing Agreement, dated as of the Effective Date, among the Disbursing Agent and StadCo, providing for the disbursement of amounts received from the Construction Fund Trust to the payment or reimbursement of Project Costs, a copy of which is attached hereto as Exhibit F-2, as the same may be amended, amended and restated, restated, supplemented or otherwise modified from time to time.

Examples of Disbursing Agreement in a sentence

• If required by the City, the Borrower immediately will deposit all Loan proceeds advanced by the City in a separate and exclusive demand deposit account with a financial institution acceptable to the City, and the City, at its option, may make any advance directly to such account with the Title Company in accordance with the Escrow and Disbursing Agreement (with the date of the deposit being the date of the advance for all purposes).

• All draw disbursements shall be made in accordance with the Escrow and Disbursing Agreement.

• The Authority and StadCo shall enter into the Disbursing Agreement with the Disbursing Agent for the purpose of receiving funds from the Trust as remitted by the Trustee to pay for or reimburse the payment of Project Costs in accordance with the terms and conditions set forth in this Agreement.

• Pursuant to the Disbursing Agreement, the Disbursing Agent shall provide payment instructions, which shall include: (1) receiving bank name, (2) receiving bank ABA number, (3) Disbursing Agent account number, (4) Disbursing Agent account name and (5) Disbursing Agent street address.

• In the event that, for any reason, funds in the NFL G-4 Subaccount are not advanced to pay Project Costs as provided in Section 3.4 hereof and are returned by Disbursing Agent to the Trustee in accordance with the terms of the Disbursing Agreement, the Trustee shall return said funds directly to Ventures within one (1) Business Day after receipt from the Disbursing Agent pursuant to the wire instructions set forth on Exhibit E, as may be modified by Ventures in writing from time to time.

More Definitions of Disbursing Agreement

Disbursing Agreement means any Disbursing Agreement between Landlord and Tenant setting forth the terms and conditions pursuant to which Landlord shall make Contingent Payments to Tenant for certain Project Improvements or Development Projects and any amendments thereto or substitutions and replacements therefor.

Disbursing Agreement means that certain Construction and Disbursing Agreement of even date herewith by and among Lenders, Investor, and Disbursing Agent.

Disbursing Agreement means the Disbursing Agreement, dated December 27, 2006, executed by the Title Company, the Borrower, and the Lender, as the same may be from time to time amended, modified, or supplemented.

Disbursing Agreement means the Agreement, dated as of September 1, 2018, between the Borrower, the Fiscal Agent, the Administrative Agent, the Trustee, and the Title Company, as the same may be amended, modified or supplemented from time to time.

Disbursing Agreement means the Disbursing Agreement, dated [ ], 2021 among the Borrower, the Trustee, the Title Company, and the Construction Monitor.

Disbursing Agreement means the Disbursement Agreement dated as of December 15, 2021 by and among the Owner and the Investor, as the same may be validly amended or supplemented and in effect from time to time.

Disbursing Agreement means the Disbursing Agreement of even date herewith, entered into among Borrower, Lender, and Title Company governing the disbursement of Loan Funds.