Disbursement of Undisputed Amounts. In the event of any dispute, the Department shall disburse the amount of the Draw Request not in dispute, and fund any disputed amount promptly upon resolution of the dispute. Disputed amounts shall not be deducted from the Department’s Program Funds, but shall be available for disbursement for other approved costs in accordance with the Sources and Uses of Funds. The Department and Recipient shall seek to resolve any disputes promptly and in good faith.
Disbursement of Undisputed Amounts. In the event of any dispute, the City shall disburse the portion requested in any Application for Payment that is not in dispute, and fund any disputed amounts promptly upon resolution of the dispute. Disputed amounts shall not be deducted from the City Funds, but shall be available for disbursement for other Approved Costs in accordance with the Project Budget. The City and Borrower shall seek to resolve any disputes promptly and in good faith.
Disbursement of Undisputed Amounts. In the event of any dispute, the Agency and Borrower shall each disburse the amount of any Application for Payment not in dispute, and fund any disputed amounts promptly upon resolution of the dispute. Disputed amounts shall not be deducted from the Agency s loan, but shall be available for disbursement for other approved Costs in accordance with the Project Budget. The Agency and the Borrower shall seek to resolve any disputes promptly and in good faith.
Disbursement of Undisputed Amounts f. . In the event of any dispute, the Lenders and Borrower shall each disburse the amount of any Application for Payment not in dispute and fund any disputed amounts promptly upon resolution of the dispute. The Lenders and Borrower shall seek to resolve any disputes promptly and in good faith. Right to Condition Disbursements
