First Disbursement definition

First Disbursement has the meaning set forth in Section 1.2.6.

First Disbursement means the first disbursement of Loan proceeds, to be made upon the fulfillment of the conditions set forth in Section 6.1.

First Disbursement means the first disbursement of funds from the Escrow Account to the Issuer, in an amount not materially exceeding the aggregate of (i) the purchase price and any related transaction costs in relation to the Acquisition of the first Target Company to be acquired, (ii) the amount of any existing debt of that Target Company to be refinanced with the proceeds of the Notes and (iii) the amount of any existing debt of the Issuer to be refinanced with the proceeds of the Notes.

Examples of First Disbursement in a sentence

• The loan period is less than 155 days in length.• Each subsequent disbursement date must be greater than or equal to the previous disbursement date.• First Disbursement If the current date is less than or equal to 20 days prior to the start of the loan period, the current date shall be assigned as the first disbursement date.

• The Issuer has not provided the Agent with evidence, in form and substance satisfactory to the Agent (acting reasonable), showing (i) that the Conditions Subsequent for the First Disbursement and the Conditions Subsequent for the Second Disbursement have been fulfilled at the times set forth in Clauses 14 and 16.

• For the purpose of securing that the Conditions Precedent for the First Disbursement and the Conditions Precedent for the Second Disbursement, respectively, have been fulfilled before the relevant disbursement of the Net Proceeds is made and for the purpose of securing that the Net Proceeds will be used by the Issuer in accordance with Clause 4.2, the Escrow Account has been pledged in favour of the Agent and the Holders (represented by the Agent).

• Upon fulfilment of the Conditions Precedent for the First Disbursement and the Conditions Precedent for the Second Disbursement, respectively, the Net Proceeds shall be used (i) to finance the Acquisition, (ii) to repay existing debt of up to approximately DKK 41,000,000 and (iii) towards general corporate purposes (“ Purpose of the Bond Issue”).

• The pledge over the Escrow Account shall be released when the Conditions Precedent for the First Disbursement and the Conditions Precedent for the Second Disbursement have been fulfilled.

More Definitions of First Disbursement

First Disbursement has the meaning given to it in Section 5.3(b)(i) of Schedule “A”.

First Disbursement has the meaning given to it in Section 5.3 of Schedule “A”. First Disbursement Top-up has the meaning given to it in Section 5.4(b)(ii)(B) of Schedule “A”. First Nation and Métis Community means, for the purposes of the ECB Program, a First Nation in Ontario that is a “band” as defined in the Indian Act, RSC 1985, c. I-5; the Métis Nation of Ontario or any of its active Chartered Community Councils; or a Person, other than a Natural Person, that has previously been determined by the Government of Ontario to represent the collective interests of a community that is composed of Aboriginal Natural Persons in Ontario or composed of Métis Natural Persons in Ontario. a Person, other than a Natural Person, that is determined by the Government of Ontario for the purposes of one or more of the Support Programs to represent the collective interests of a community that is composed of Aboriginal Natural Persons in Ontario or composed of Métis Natural Persons in Ontario.

First Disbursement. RIQI will disperse $2,000 to the practice after signing the participative agreement and attending the first meeting on January 17, 2019. Practices are expected to send their practice team, including, but limited to: provider champion, nurse care manager, practice reporting/IT staff to learning network meetings. RIQI will provide practices with a KnowMyHealthRI Upload Usage report the first week of every month starting February 7 2019.

First Disbursement has the meaning given to it in Section 5.3(b)(i) of Schedule “A”. First Nation and Métis Community means, for the purposes of Identified Transmission Projects, a First Nation in Ontario that is a “band” as defined in the Indian Act, RSC 1985, c. I-5, or the Métis Nation of Ontario or any of its active Chartered Community Councils; and for all other purposes has the meaning given to it in the FIT Definitions.

First Disbursement means the sum of $37,160,000.00.

First Disbursement means the first disbursement from the Escrow Account in an amount sufficient for full repayment of the Existing Debt in accordance with paragraph (a) (i) of Clause

First Disbursement means the first disbursement of funds to the Recipient, as set out in Schedule D. First Nation or Métis Community means, for the purposes of the ECB Program, (a) a First Nation in Ontario that is a “band” as defined in the Indian Act (Canada), as amended; (b) the Métis Nation of Ontario or any of its active Chartered Community Councils; or (c) a Person, other than a natural person, that has previously been determined by the Government of Ontario to represent the collective interests of a community that is composed of First Nation or Métis individuals. First Nation or Métis Organization means an organization that, as determined in the sole and absolute discretion of the IESO, represents the interests of more than one (1) First Nation or Métis Community, or was established to provide key services to one or more First Nation or Métis Communities or members of one or more First Nation or Métis Communities. Funding Agreement means this agreement.