Disbursing Account definition

Disbursing Account means the bank account that will be established after the Confirmation Date to disburse the payments provided for in the Plan.

Disbursing Account means the bank account(s) maintained by the Debtor that hold monies of the Estate. The Disbursing Account shall be utilized for the purpose of paying Liquidation Expenses and making distributions to creditors pursuant to the Plan.

Disbursing Account means a deposit account established by the Agent with the Disbursing Agent for purposes of making all Advances under this Agreement.

Examples of Disbursing Account in a sentence

• The developer must provide all information reasonably obtainable on contamination and the location of live services before archaeological site works commence.In order to define the exact area of archaeological interest, and to protect it from unauthorised works during the development of the remainder of the site, no development shall take place until a scheme for the fencing of the area identified has been submitted to and approved by the City Council in consultation with GLAAS.

• The $8,464,365 held in the AMBP Reserve Account and $4,600,000 representing the balance in the AMBP Disbursing Account on the Petition Date will be transferred to the Trust.

• Payments to be made by the Debtor pursuant to this Plan shall be made by check drawn on the Disbursing Account or upon such other terms as may be agreed upon by the Reorganized Debtor and the Claimant.

• As a result, the balance of the AMBP Disbursing Account was significantly diminished as of the end of March 2016.

• Funds equal to the balance of the AMBP Disbursing Account on the Petition Date, in an amount not less than $5,937,250, shall be paid into the Trust.

More Definitions of Disbursing Account

Disbursing Account means and refers to the account to be established, upon final approval by the Court, for disbursement of settlement proceeds.

Disbursing Account means the bank account of the Debtor to be established in accordance with Section 8.01 of this Plan.

Disbursing Account means a deposit account established by the Disbursing Agent for purposes of making Advances under this Agreement pursuant to the terms of the Construction Disbursing Agreement.

Disbursing Account means a deposit account established by the Lender for purposes of making all Advances under this Agreement.

Disbursing Account has the meaning set forth in Section 3.5.

Disbursing Account means a deposit account established by the Disbursing Agent with Security Xxxxx Xxxx, Xxxxxx Xxxxx, Xxxxxxxxx for purposes of making all Advances under this Agreement. Disbursing Agent means First Minnesota Title & Abstract, LLC, a Minnesota limited liability company, its successors and assigns.

Disbursing Account means one or more accounts established by the General Partner at a depository institution in the name of the Partnership for the purpose of receiving payments from Scheduled Trustees and payments from Repurchases, and disbursing same in accordance with this Agreement. Disbursing Accounts shall be Eligible Accounts.