Total Disbursements definition

Total Disbursements means the sum of total operating disbursements, total non-operating disbursements and total bankruptcy disbursements as provided in the Budget.

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Total Disbursements means the sum of (i) Total Operating Disbursements and (ii) Total Other Expenditures.

Total Disbursements means all disbursements of the Credit Parties, but excluding payment for fees for professional services.

Examples of Total Disbursements in a sentence

For the avoidance of doubt, compliance with the Budget (i) will be tested based on the amount of each line item and Total Disbursements line item and not based upon the timing of when each line item is actually paid, and (ii) will not be tested with respect to any cash receipts.
If, for any such week, the actual weekly cash flow results for the line items identified as Ending Account Balance, GMAC Availability, Gross Total Collateral, Total Investment, Ending Balances—Net A/R Outstanding, Net Eligible A/R Outstanding, GMAC Drawdowns, Total Disbursements and Remaining Operating Cash, negatively deviate from the projections for such week set forth on Exhibit A by more than ten percent (10%), then such deviation shall constitute an Event of Default under the Loan Documents.
Every other Thursday, commencing on August 8, 2024, the Permitted Variances (as defined below) shall be tested on a bi-weekly basis for the prior cumulative two-weekly period for Total Disbursements (the “Bi-Weekly Disbursement Period”) against the Approved Budget, and Total Disbursements shall not be more than 120% of the Total Disbursements in the Approved Budget for such Bi-Weekly Disbursement Period (the “Permitted Variances”).
If, for any such week, the actual weekly cash flow results for the line items identified as Ending Account Balance, GMAC Availability, Gross Total Collateral, Total Investment, Ending Balances - Net A/R Outstanding, Net Eligible A/R Outstanding, GMAC Drawdowns, Total Disbursements and Remaining Operating Cash, negatively deviate from the projections for such week set forth on Exhibit A by more than ten percent (10%), then such deviation shall constitute an Event of Default under the Loan Documents.
Total Non-Operating Disbursements shall not, as of any date of measurement, exceed one hundred and ten percent (110%) of the amount shown as "Total Disbursements" on the Approved Budget less "total Operating Disbursements" on the Approved Budget, with respect to such measurement date, calculated, on a cumulative basis for the period commencing with the first Business Day of the Borrowers fiscal month of February 2004 through such date of measurement.
Education Fund Total Receipts Education Fund Total Disbursements Operations Fund Total Receipts Operations Fund Total Disbursements Operating Referendum Fund Total Receipts Operating Referendum Total Disbursements Rainy Day Total Receipts Rainy Day Fund Total Disbursements Total Fund Receipts To document maintenance of the $1,500,000 Surplus, the following calculation should be shown for each of the years ending June 30, 2025, 2026, 2027, 2028, and 2029.
The Royalty Cap shall be recalculated each time the Total Disbursements increases.
Permitted Variances Variance from the Approved Budget shall be tested on a bi-weekly basis for the prior cumulative two-week period for Total Disbursements (the “Bi-Weekly Disbursement Period”) against the Approved Budget, and Total Disbursements shall not be more than 120% of the Total Disbursements in the Approved Budget for such Bi- Weekly Disbursement Period (the “Permitted Variances”).
For each Interim Budget Period, the aggregate actual expenditures by the Debtors for Total Disbursements (as designated in the Interim Budget and which, for the avoidance of doubt shall include the fees budgeted and actually expended on the Debtor Professionals) shall not in any event exceed the aggregate amount budgeted therefor in the Interim Budget for such period by more than fifteen percent (15%) of the budgeted amount (the “Authorized Variance”).

More Definitions of Total Disbursements

Total Disbursements means the total number of Disbursements made at any time pursuant to the Facility Agreement, without giving effect to any full or partial repayment of Disbursements.

Total Disbursements means the sum of total operating disbursements and total non- operating disbursements as provided in the Budget. “Third Amendment Effective Date” means August 3, 2018. “Third Amendment Fee Letter” means that certain fee letter, dated as of the Third Amendment Effective Date, by and between the Borrower and the Administrative Agent. “Type”, when used in reference to any Loan or Borrowing, refers to whether the rate of interest on such Loan, or on the Loans comprising such Borrowing, is determined by reference to the Adjusted LIBO Rate or the Prime Rate. “Variance Report” has the meaning provided therefor in Section 5.01(m) hereof. “UCC” shall mean the Uniform Commercial Code as in effect from time to time in the State of New York; provided, however, that if a term is defined in Article 9 of the Uniform Commercial Code differently than in another Article thereof, the term shall have the meaning set forth in Article 9; provided further that, if by reason of mandatory provisions of law, perfection, or the effect of perfection or non-perfection, of a security interest in any Collateral or the 49

Total Disbursements means, at any time, the aggregate principal amount of all Disbursements outstanding at such time.