Examples of Disbursement Period in a sentence
The Borrower shall not be required to cover the Bank's expenses for general inspection and supervision, unless the Bank establishes otherwise during the Original Disbursement Period as a consequence of its periodic review of financial charges for ordinary capital loans, and notifies the Borrower accordingly.
In no case may the Bank charge for a specific semester more than the result ofapplying one percent (1%) of the Loan amount divided by the number of semesters comprising the Original Disbursement Period.
The Borrower may request to the Bank, and the Bank may accept, that this Loan be eligible for the Principal Payment Option after it has entered into effect and up to sixty (60) days prior to the expiration of the Original Disbursement Period.
The Original Disbursement Period will be six (6) years from the effective date of this Contract.
Unless the Bank agrees othe1wise, the last disbursement request shall be presented to the Bank no later than thirty (30) days in advance of the expiration date of the Original Disbursement Period or any extension thereof.