Disbursement Request definition

Disbursement Request means a disbursement request from the Borrower to the Administrative Agent and the Collateral Agent in the form attached hereto as Exhibit C in connection with a disbursement request from the Unfunded Exposure Account in accordance with Section 2.04(d) or a disbursement request from the Principal Collection Subaccount in accordance with Section 2.18, as applicable.

Disbursement Request has the meaning given to it in Section 2.2(a).

Disbursement Request means the disbursement request attached to the Escrow Agreement as Schedule 1 and made a part thereof.

Examples of Disbursement Request in a sentence

• Town or the Building Corporation, as applicable, shall disburse the amounts specified in such Disbursement Request in accordance with the provisions of Section 9 and, when all identified Project Costs have been paid (or reimbursed to Developer), the outstanding amount of the Purchase Price shall be deemed to have been reduced to $0.00.

• If, instead, Town submits the Disbursement Request to Building Corporation, then, within 15 days after receipt of such Disbursement Request, Building Corporation shall disburse, or direct the BANs trustee to disburse, the amounts reflected in the Disbursement Request to the parties identified therein (including, if applicable, to Developer in reimbursement for Project Costs paid directly by Developer).

• If Town intends to apply Town Contributed Funds, then, in the ordinary course of its business, it shall disburse the amounts reflected in the Disbursement Request to such parties (including, if applicable, to Developer in reimbursement for Project Costs paid directly by Developer).

• The amount of funds disbursed pursuant to a Disbursement Request shall be applied against (reduce the outstanding amount of) the Purchase Price on a dollar-for-dollar basis.

• After reviewing the Closing Disbursement Request, the City approves the Closing Disbursement Request to the extent set forth below and authorizes and directs payment by Trustee in such amounts and from the accounts listed below, to the Developer or other person designated by the Developer herein.

More Definitions of Disbursement Request

Disbursement Request has the meaning provided in Section 3.1(a).

Disbursement Request means a notice substantially in the form set out in Schedule C.1.

Disbursement Request means a request for a disbursement of the Loan made by an Authorized Representative in such form as the Finance Authority may from time to time prescribe.

Disbursement Request means the form used by the Recipient to document Match Funds and request reimbursement of Project Costs.

Disbursement Request shall have the meaning assigned to such term in Section 11.01(c)(iii).

Disbursement Request means Borrower’s written requests to Lender in the form attached to this Agreement as Exhibit “C” for the disbursement of money from the Repair Escrow Fund pursuant to Section 3 below, which requests shall not be made more often than once every thirty (30) days during the term of this Agreement.

Disbursement Request has the meaning given in Section 4.1.1(a).