Final Disbursement Date definition

Final Disbursement Date means the last date on which Lender may make a Disbursement set forth in Section 10 of the Loan Authorization Agreement (including as amended by an Extension) or, if such date is not a Business Day, the next succeeding Business Day; provided, however, to the extent that Lender has not received cash collateral in the amount of the Letter of Credit Obligations or an equivalent full indemnity from Borrower or Guarantor, as applicable, with respect to Letter of Credit Obligations outstanding on the Final Disbursement Date, the Final Disbursement Date with respect to an advance to fund a drawing under such Letter of Credit shall be no later than thirty (30) days after any such drawing which may be no later than the expiry date of the Letter of Credit related thereto.
Final Disbursement Date means the date of the final disbursement of the Development Financing provided hereunder.
Final Disbursement Date means, unless subject to an extension of such date agreed to by Ex-Im Bank, the last date on which Lender may make a Disbursement set forth in Section 10 of the Loan Authorization Agreement or, if such date is not a Business Day, the next succeeding Business Day; provided, however, to the extent that Lender has not received cash collateral or an indemnity with respect to Letter of Credit Obligations outstanding on the Final Disbursement Date, the Final Disbursement Date with respect to an advance to fund a drawing under a Letter of Credit shall be no later than thirty (30) Business Days after the expiry date of the Letter of Credit related thereto.

Examples of Final Disbursement Date in a sentence

  • Unless the Revolving Loan Facility is renewed or extended by Lender with the consent of Ex-Im Bank, Borrower shall pay in full the outstanding Loan Facility Obligations and all accrued and unpaid interest thereon no later than the first Business Day after the Final Disbursement Date.

  • The Bank shall only disburse the DFSP Funds for the purposes of such Donor’s Agreement after the Final Disbursement Date with the written approval of such Donor.

  • Following the Final Disbursement Date, the Bank shall return any remaining balance of the DFSP Funds to the Donor (or to the Donor Balance Account) based on the Donor’s paid DFSP Funds.

  • It is expected that the DFSP Funds will be fully disbursed by the Bank in accordance with the provisions of its Agreement by the Final Disbursement Date.

  • The Amended and Restated Note will mature on the first day of the month immediately following the month in which the tenth anniversary of the Final Disbursement Date occurs.


More Definitions of Final Disbursement Date

Final Disbursement Date means the date of the Final Disbursement.
Final Disbursement Date means the date on which the Loan is advanced, or, if the Borrower elects the Alternative Disbursement Option in accordance with Section 2.3(b), the date on which the final balance of the Loan is advanced in connection with delivery of the Purchased Vessel under the Construction Contract; provided that if the Loan is, or as the case may be, the final balance of the Loan is reborrowed pursuant to Section 3.7, then the Final Disbursement Date, solely with respect to such reborrowed Loan, shall be the date of such reborrowing.
Final Disbursement Date means, unless subject to an extension of such date agreed to by Ex-Im Bank, the last date on which Lender may make a Disbursement set forth in Section 10 of the Loan Authorization Agreement or, if such date is not a Business Day, the next succeeding Business Day; PROVIDED, HOWEVER, to the extent that Lender has not received cash collateral or an indemnity with respect to Letter of Credit Obligations outstanding on the Final Disbursement Date, the Final Disbursement Date with respect to an advance to fund a drawing under a Letter of Credit shall be no later than thirty (30) Business Days after the expiry date of the Letter of Credit related thereto.
Final Disbursement Date means the earliest of (a) the date on which the WIFIA Loan has been disbursed in full; (b) the last anticipated date of disbursement set forth in the then-current Anticipated WIFIA Loan Disbursement Schedule; (c) the date on which the Borrower has certified to the WIFIA Lender that it will not request any further disbursements under the WIFIA Loan;(d) the date on which the WIFIA Lender terminates its obligations relating to disbursements of any undisbursed amounts of the WIFIA Loan in accordance with Section 17 (Events of Default and Remedies); and (e) the date that is thirty (30) days prior to the sixth (6th) anniversary of the Effective Date.
Final Disbursement Date shall have the meaning set forth in Section 2.02 of the Credit Agreement.
Final Disbursement Date shall have the meaning set forth in Section 2.02.
Final Disbursement Date means the later of (a) December 31, 2011 and (b) any date agreed by the Lenders, Hermes Agent (acting at the instruction of Hermes) and Administrative Agent.