Minimum Disbursement Amount definition

Minimum Disbursement Amount means Twenty-Five Thousand and No/100 Dollars ($25,000).
Minimum Disbursement Amount means $100,000.
Minimum Disbursement Amount means Ten Thousand and No/100 Dollars ($10,000).

Examples of Minimum Disbursement Amount in a sentence

  • Lender shall not be required to make disbursements from the Shortfall Reserve Account more frequently than once each calendar month nor in an amount less than the Minimum Disbursement Amount.

  • Lender shall not be required to make disbursements from the Reserve Accounts (other than the Tax Reserve Account or the Insurance Reserve Account, which shall not be so limited) unless such requested disbursement is in an amount greater than the Minimum Disbursement Amount.

  • Lender shall not be required to make disbursements from the Reserve Accounts unless such requested disbursement is in an amount greater than the Minimum Disbursement Amount.


More Definitions of Minimum Disbursement Amount

Minimum Disbursement Amount means Fifteen Thousand and No/100 Dollars ($15,000).
Minimum Disbursement Amount means One Hundred Thousand and No/100 Dollars ($100,000).
Minimum Disbursement Amount means $50,000.
Minimum Disbursement Amount means Fifty Thousand and No/100 Dollars ($50,000).
Minimum Disbursement Amount means $25,000.00.
Minimum Disbursement Amount means Twenty-Five Thousand and No/100 ($25,000.00), or such lesser amount remaining in the applicable Reserve Account.
Minimum Disbursement Amount means Ten Thousand and No/100 Dollars ($10,000), or such lesser amount remaining in the applicable Reserve Account.