Initial Disbursement Date definition

Initial Disbursement Date means the Disbursement Date of the Initial Disbursement.
Initial Disbursement Date means the date of the first disbursement of any Loan Proceeds by the Lender to the Borrower.
Initial Disbursement Date means the date of the first disbursement of any Loan Proceeds by the City to the Borrower.

Examples of Initial Disbursement Date in a sentence

  • The Loan shall bear interest at a rate of one percent (1%) per annum and shall commence to accrue as of the Initial Disbursement Date.

  • Payments of principal and interest on the nonforgiveable portion of the Loan shall commence on the first day of the first month immediately following the Initial Disbursement Date and shall continue on the first day of each and every month thereafter until the Loan is paid in full.

  • All funds must be disbursed within a twelve-month period of the Initial Disbursement Date with a maximum of three disbursements.

  • Such payments shall fully amortize the Loan over Five (5) years; provided, however, the entire remaining unpaid balance of principal and interest shall be due and payable in full on the first day of the sixtieth (60) month following the Initial Disbursement Date.


More Definitions of Initial Disbursement Date

Initial Disbursement Date means the date on which the Initial Disbursement is made.
Initial Disbursement Date means the date of the initial Borrowing of Term Loans.
Initial Disbursement Date means October 1, 1991.
Initial Disbursement Date means the date of the first disbursement of the WIFIA Credit Facility.
Initial Disbursement Date means the date hereof.
Initial Disbursement Date. As defined in Section 2.4(b) of this Agreement.
Initial Disbursement Date shall have the meaning set forth in Section 2.1.