DISBURSEMENT OF LOAN FUNDS. ACPE will disburse funds through your school’s financial aid office. Your loan will generally be disbursed in multiple installments based on the academic terms at the school. If you are attending a school without standard academic terms, your loan will generally be disbursed in two disbursements, one at the beginning and one at the midpoint of the enrollment period.
DISBURSEMENT OF LOAN FUNDS. Disbursements of principal under the Loans may be made at various times at the request of Borrowers, provided that Lender shall have the right to withhold further disbursements if it determines that: (a) the value of the Collateral is insufficient; (b) Loan proceeds previously advanced have been used for purposes other than those approved by Lender; (c) the terms and conditions of this Agreement have been violated by Borrowers; (d) Borrowers do not demonstrate continued involvement in farming, or (e) any other event has occurred which would entitle Lender to accelerate payment of the Loan.
DISBURSEMENT OF LOAN FUNDS. The following provisions relate to the disbursement of funds from the Loan Fund.
DISBURSEMENT OF LOAN FUNDS for Milestone 3 is conditional upon the submission to UNOPS of all of the following:
DISBURSEMENT OF LOAN FUNDS. 4.1 CONDITIONS PRECEDENT TO INITIAL DISBURSEMENTS OF PROCEEDS OF THE BONDS. Bondowner Representative’s obligation to consent to the initial disbursement of the proceeds of the Bonds held by Bondowner Representative in the Bond Fund in an amount not to exceed $ shall be subject at all times to satisfaction of each of the following conditions precedent:
DISBURSEMENT OF LOAN FUNDS. The following provisions relate to the disbursement of funds from the Loan Fund. Application for Advances. Each application shall be stated on a standard AIA payment request form or other form approved by Lender, executed by Borrower, and supported by such evidence as Lender shall reasonably require. Borrower shall apply only for disbursement with respect to work actually done by the General Contractor and for materials and equipment actually incorporated into the Project. Each application for an Advance shall be deemed a certification of Borrower that as of the date of such application, all representations and warranties contained in the Agreement are true and correct, and that Borrower is in compliance with all of the provisions of this Agreement. Under no circumstances shall Lender be required to make any Loan Advance in an amount less than 50,000.00.
DISBURSEMENT OF LOAN FUNDS. When participating in the disbursement of each loan fund in accordance with the provisions of this Contract, each lender shall pay its share of the loan fund to the payment account of the agent bank before [17:00] (Beijing time) on the scheduled withdrawal date of the loan fund. Should any lender fail to disburse its share of the loan funds to be withdrawn, the borrower shall still withdraw the loan funds disbursed by other lenders according to the withdrawal notice. Each lender shall disburse its share of the loan fund to be withdrawn in accordance with the loan amount ratio. For the purpose of facilitating the performance of this Contract, the lenders under this Contract may make other flexible arrangements for the allocation of the ratio of the loan fund through consensus of all the lenders, but such arrangements shall not affect the total amount of loan fund to be disbursed by each lender to the borrower under this Contract.
DISBURSEMENT OF LOAN FUNDS. The following provisions relate to the disbursement of funds from the Loan Fund. Application for Advances. Each application shall be stated on a payment request form approved by Xxxxxx, executed by Xxxxxxxx, and supported by such evidence as Lender shall reasonably require. Borrower shall apply only for disbursement with respect to work actually done by the General Contractor and for materials and equipment actually incorporated into the Project. Each application for an Advance shall be deemed a certification of Borrower that as of the date of such application, all representations and warranties contained in the Agreement are true and correct, and that Borrower is in compliance with all of the provisions of this Agreement.
DISBURSEMENT OF LOAN FUNDS. At closing, the County shall disburse the Loan funds to Borrower to be placed by Borrower into a restricted bank account (the “Bank Account”). Disbursements from the Bank Account shall be approved by FHFC’s servicer. For any month in which a disbursement is made from the Bank Account, Borrower shall deliver to the County a copy of the related draw request.
DISBURSEMENT OF LOAN FUNDS. The following provisions relate to the disbursement of funds from the Loan Fund. Application for Reimbursements. Each application shall be stated on a Draw Agreement in the form attached hereto as Exhibit C and incorporated herein by reference, executed by Borrower, and supported by such evidence as Lender shall reasonably require. Borrower shall apply only for disbursement with respect to work actually done by the General Contractors and for materials and equipment actually incorporated into the Projects. Each application for a Reimbursement shall be deemed a certification of Borrower that as of the date of such application, all representations and warranties contained in the Agreement are true and correct, and that Borrower is in compliance with all of the provisions of this Agreement.
