Initial Disbursement Request definition

Initial Disbursement Request means that certain disbursement request dated as of the Agreement Date, including the funds flow documentation attached thereto, delivered by the Borrower to the Agent and the Lenders on the Agreement Date.
View Source
Initial Disbursement Request has the meaning set forth in Section 7.1.
View Source

Examples of Initial Disbursement Request in a sentence

  • The Lender having received on or before the Effective Date an Initial Disbursement Request Notice attaching a Collateralization Ratio Certificate.

  • All funds from time to time credited to and contained in each of the Renovation Disbursement Account (other than those to be disbursed pursuant to the Initial Disbursement Request, which shall be so disbursed on the Issue Date) and the Interest Reserve Account shall be invested only in Cash Equivalents from time to time by written instructions by the Issuers delivered to the Disbursement Agent, pending disbursement of such funds pursuant to this Agreement.

  • The Acknowledgement of Initial Disbursement Request Notice must acknowledge the Initial Principal Amount in cash requested to be drawn down by the Initial Disbursement Request Notice.

  • The Initial Disbursement Request Notice must (a) set forth the Initial Principal Amount (which may not exceed the Maximum Principal Amount), (b) certify that the applicable conditions to the initial disbursement contained in Clause 10 have been satisfied, (c) attach a Collateralization Ratio Certificate, (d) include any changes in the wiring instructions and (e) be substantially in the form of the Initial Disbursement Request Notice attached hereto as Schedule 7.

  • Completed Initial Disbursement Request (with attached supporting documentation) 9.