The Initial MSA Disbursement and each subsequent annual MSA7 Disbursement shall be immediately deposited into the Tobacco Settlement8 Holding Fund, and distributed from there as prescribed in this Act.
L/C Disbursement means a payment or disbursement made by an Issuing Bank pursuant to a Letter of Credit.
L/C Disbursements a payment or disbursement made by the Issuing Lender pursuant to a Letter of Credit.
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.
State disbursement unit or "SDU" means the entity established in section 6 of the office of child support act, 1971 PA 174, MCL 400.236.
Minimum Disbursement Amount means Twenty-Five Thousand and No/100 Dollars ($25,000).
Letter of Credit Disbursement means a payment made by Issuing Lender or Underlying Issuer pursuant to a Letter of Credit.
Payment Date Advance Reimbursement has the meaning set forth in Section 8.03(a)(iii)(A) of the 20[•]-[•] Servicing Supplement.
Disbursement Period means the period during which Grant Funds may be disbursed.
Advance Reimbursement Amount has the meaning stated in Section 4.4(b) of the Servicing Supplement.
Designated Disbursement Account means the account of the Borrower maintained with the Administrative Agent or its Affiliate and designated in writing to the Administrative Agent as the Borrower’s Designated Disbursement Account (or such other account as the Borrower and the Administrative Agent may otherwise agree).
Disbursement Date is defined in Section 2.6.2.
Disbursement Request means a disbursement request from the Borrower to the Administrative Agent and the Collateral Agent in the form attached hereto as Exhibit C in connection with a disbursement request from the Unfunded Exposure Account in accordance with Section 2.04(d) or a disbursement request from the Principal Collection Subaccount in accordance with Section 2.18, as applicable.
Controlled Disbursement Account means any account of the Borrowers maintained with the Administrative Agent as a zero balance, cash management account pursuant to and under any agreement between a Borrower and the Administrative Agent, as modified and amended from time to time, and through which all disbursements of a Borrower, any other Loan Party and any designated Subsidiary of a Borrower are made and settled on a daily basis with no uninvested balance remaining overnight.
Reimbursement Amount As defined in Section 2.04.
Disbursement is defined in Section 2.6.2.
Liquidity Expenses means all Liquidity Obligations other than (i) the principal amount of any Drawings under the Liquidity Facilities and (ii) any interest accrued on any Liquidity Obligations.
Servicing Advance Reimbursement Amounts As defined in Section 3.22.
Reimbursement Date as defined in Section 2.4(d).
Project Preparation Advance is modified to read “Preparation Advance” and its definition is modified to read as follows:
Advance Reimbursement Amounts As defined in Section 3.29 hereof.
Letter of Credit Reimbursement Agreement has the meaning specified in Section 2.4(e).
L/C Advance means, with respect to each Lender, such Lender’s funding of its participation in any L/C Borrowing in accordance with its Applicable Percentage.
Agent Advance shall have the meaning provided in Section 2.01(e).
Credit Event Amount With respect to each Payment Date, the aggregate amount of the Credit Event UPBs of all Credit Event Reference Obligations for the related Reporting Period.