Disbursement Amount. The Disbursement Amount is the Amount of Loan minus the Origination Fee and the payoffs of prior loans/lines to the extent applicable.
Appears in 13 contracts
Samples: Business Loan and Security Agreement (American Rebel Holdings Inc), Business Loan and Security Agreement (PishPosh, Inc.), Business Loan and Security Agreement (PishPosh, Inc.)
Disbursement Amount. The Disbursement Amount is the Amount of Loan minus the Origination Fee and the payoffs of prior loans/lines to the extent applicable. The Origination Fee is deducted at the time of disbursement.
Appears in 1 contract
Samples: Business Loan and Security Agreement (Vapor Hub International Inc.)