Unpaid Demand Note Disbursement definition

Unpaid Demand Note Disbursement means an amount drawn under a Series 2006-1 Letter of Credit pursuant to a Certificate of Unpaid Demand Note Demand.
Unpaid Demand Note Disbursement means an amount drawn under a Multi-Series Letter of Credit pursuant to a Certificate of Unpaid Demand Note Demand.
Unpaid Demand Note Disbursement means an amount drawn under a Series 2002-2 Letter of Credit pursuant to a Certificate of Unpaid Demand Note Demand.

Examples of Unpaid Demand Note Disbursement in a sentence

  • The Trustee shall deposit, or cause the deposit of, each Class A/B LOC Unpaid Demand Note Disbursement and the proceeds of any such withdrawal from each Class A/B Cash Collateral Account into the Series 2011-1 Distribution Account and such amounts shall be treated as Principal Collections.

  • The Trustee shall deposit, or cause the deposit of, each Series 2010-1 LOC Unpaid Demand Note Disbursement and the proceeds of any such withdrawal from each Series 2010-1 Cash Collateral Account into the Series 2010-1 Distribution Account and such amounts shall be treated as Principal Collections.

  • The Trustee shall deposit, or cause the deposit of, each Class A/B LOC Unpaid Demand Note Disbursement and the proceeds of any such withdrawal from each Class A/B Cash Collateral Account into the Series 2013-1 Distribution Account and such amounts shall be treated as Principal Collections.

  • The Trustee shall deposit, or cause the deposit of, each Class A LOC Unpaid Demand Note Disbursement and the proceeds of any such withdrawal from each Class A Cash Collateral Account into the Series 2009-2 Distribution Account and such amounts shall be treated as Principal Collections.


More Definitions of Unpaid Demand Note Disbursement

Unpaid Demand Note Disbursement means an amount drawn under a Series 2008-1 Letter of Credit pursuant to a Certificate of Unpaid DemandNote Demand.
Unpaid Demand Note Disbursement means an amount drawn under a Series 2012-1 Letter of Credit pursuant to a Certificate of Unpaid
Unpaid Demand Note Disbursement means an amount drawn under a Series 2014-1 Letter of Credit pursuant to a Certificate of Unpaid Demand Note Demand. (c) Any amounts calculated by reference to the Series 2014-1 Invested Amount (or any component thereof) on any date shall, unless otherwise stated, be calculated after giving effect to any payment of principal made to the applicable Series 2014-1 Noteholders on such date.

Related to Unpaid Demand Note Disbursement

  • L/C Disbursement means a payment or disbursement made by an Issuing Bank pursuant to a Letter of Credit.

  • Unpaid Drawing shall have the meaning provided in Section 3.4(a).

  • Reimbursement Obligation the obligation of the Borrower to reimburse the Issuing Lender pursuant to Section 3.5 for amounts drawn under Letters of Credit.

  • Agent Advances has the meaning set forth in Section 2.3(e)(i).

  • 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.

  • Prepayment Fee is, with respect to any Term Loan subject to prepayment prior to the Maturity Date, whether by mandatory or voluntary prepayment, acceleration or otherwise, an additional fee payable to the Lenders in amount equal to:

  • 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.

  • L/C Obligations means, as at any date of determination, the aggregate amount available to be drawn under all outstanding Letters of Credit plus the aggregate of all Unreimbursed Amounts, including all L/C Borrowings. For purposes of computing the amount available to be drawn under any Letter of Credit, the amount of such Letter of Credit shall be determined in accordance with Section 1.09. For all purposes of this Agreement, if on any date of determination a Letter of Credit has expired by its terms but any amount may still be drawn thereunder by reason of the operation of Rule 3.14 of the ISP, such Letter of Credit shall be deemed to be “outstanding” in the amount so remaining available to be drawn.

  • LC Disbursement means a payment made by the Issuing Bank pursuant to a Letter of Credit.