Withdrawals and Disbursements Sample Clauses

Withdrawals and Disbursements. Withdrawals and disbursements may only be made in U.S. dollars, by EFT, including domestic (United States) ACH transactions or in our sole discretion, by wire transfers or by check we issue. This agreement is subject to Article 4A of the Uniform Commercial Code – Funds Transfer as adopted in the state in which you have your account with us.
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Withdrawals and Disbursements a. Withdrawals and disbursements may be made in U.S. dollars and via the withdrawal and disbursement methods set forth in Schedule 2 (Funds Availability, Transaction Limits and EFT Disclosures) and Schedule 5 (Debit Card Agreement) included herewith.
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Withdrawals and Disbursements. Provided no Event of Default shall have occurred and be continuing under any of the Loan documents, all Funds deposited by Borrower and held by Lender as Collateral during the term of the Loan shall be available for use by Borrower upon receipt of Borrower's written request therefor, except that no disbursement of Collateral shall be made by Lender hereunder which would cause the remaining balance of the Funds to be less than the outstanding principal under the Note (the "Funds Minimum Balance"). Lender shall disburse Funds to Borrower not more frequently than once per calendar quarter upon receipt of Borrower's written request therefor.
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Withdrawals and Disbursements. Withdrawals or disbursements from the Naming Proceeds Account in excess of $1,000 for any single transaction or $15,000 total for any calendar month shall only be made upon the signatures of either two current officers of the Foundation or the Executive Director of CoSA and one current officer of the Foundation (neither of which individuals shall be related by blood or marriage), and upon the prior written approval of the Superintendent or other administrative officer of the District identified for such purpose by the Board of Trustees of the District. Should the District from time to time determine that additional control procedures should be adopted to assure that all expenditures are being made in a manner consistent with this Agreement, the District shall have the right to request the same, and the District and the Foundation shall discuss the implementation of the same in good faith and shall confirm in writing any additional accounting control procedures so agreed upon.
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Related to Withdrawals and Disbursements

  • Accounts and Disbursements The Custodian shall establish and maintain a separate account for each Portfolio and shall credit to the separate account all moneys received by it or a Sub-Custodian for the account of such Portfolio and shall disburse, or cause a Sub-Custodian to disburse, the same only:

  • Costs and Disbursements (a) Except as otherwise provided in this Agreement, a Recipient of Services shall pay to the Provider of such Services a monthly fee for the Services (or category of Services, as applicable) (each fee constituting a “Service Charge” and, collectively, “Service Charges”) as listed on the Schedules hereto.

  • Deposit and Disbursement Accounts Disclosure Schedule (3.19) lists all banks and other financial institutions at which any Credit Party maintains deposit or other accounts as of the Closing Date, including any Disbursement Accounts, and such Schedule correctly identifies the name, address and telephone number of each depository, the name in which the account is held, a description of the purpose of the account, and the complete account number therefor.

  • Deemed Disbursements Upon the occurrence and during the continuation of any Default under Section 8.1.9 or upon notification by the Administrative Agent (acting at the direction of the Required Lenders) to the Borrower of its obligations under this Section, following the occurrence and during the continuation of any other Event of Default,

  • Additional Advances and Disbursements; Costs of Enforcement If any Event of Default exists, Mortgagee and each of the Lenders shall have the right, but not the obligation, to cure such Event of Default in the name and on behalf of Mortgagor in accordance with the Credit Agreement. All sums advanced and expenses incurred at any time by Mortgagee or any Lender under this Section, or otherwise under this Mortgage or any of the other Credit Documents or applicable law, shall bear interest from the date that such sum is advanced or expense incurred if not repaid within five (5) days after demand therefor, to and including the date of reimbursement, computed at the rate or rates at which interest is then computed on the Indebtedness, and all such sums, together with interest thereon, shall be secured by this Mortgage. Mortgagor shall pay all expenses (including reasonable attorneys’ fees and expenses) of or incidental to the perfection and enforcement of this Mortgage and the other Credit Documents, or the enforcement, compromise or settlement of the Indebtedness or any claim under this Mortgage and the other Credit Documents, and for the curing thereof, or for defending or asserting the rights and claims of Mortgagee or the Lenders in respect thereof, by litigation or otherwise.

  • Attorneys' Fees and Disbursements If any action at law or in equity is necessary to enforce or interpret the terms of this Agreement, the prevailing party or parties shall be entitled to receive from the other party or parties reasonable attorneys’ fees and disbursements in addition to any other relief to which the prevailing party or parties may be entitled.

  • Disbursements, Reimbursement Immediately upon the issuance of each Letter of Credit, each Lender shall be deemed to, and hereby irrevocably and unconditionally agrees to, purchase from the Issuing Lender a participation in such Letter of Credit and each drawing thereunder in an amount equal to such Lender’s Ratable Share of the maximum amount available to be drawn under such Letter of Credit and the amount of such drawing, respectively.

  • Disbursement Account 12.1 The Lender is obligated to keep the bank account information provided on the Platform up to date. The account shall be managed by a bank within the Single Euro Payment Area (hereinafter “SEPA”).

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