Disbursement Requirements. Upon satisfaction of the conditions set forth in Section 6, Disbursements under the Credit, with respect to each Credit, may be made:
Disbursement Requirements. 11.3.2 A settlement corporation shall be subject to the disbursement rules, including the disbursement excess rules, applicable to “public foundations” under the federal Tax Act, with such modifications as are required, provided that such rules shall not apply to a settlement corporation or its disbursements until the first day of the taxation year of the corporation commencing after the end of a period of 15 years commencing on the day of payment of the first capital transfer payment described in chapter 8. For this purpose, any loans made by the settlement corporation pursuant to schedule I to this chapter shall be treated as disbursements, the relevant provisions of the federal Tax Act shall apply as if the permitted activities described in schedule I to this chapter were charitable activities and the persons to whom payments or loans are made by the settlement corporation in the course of carrying on these permitted activities shall be treated as qualified donees.
Disbursement Requirements. (1) Loan Portion A Upon compliance with the requirements set forth in Article 3, AKA will disburse Loan Portion A in one or more Advances within five (5) Banking Days but not earlier than at the disbursement dates stipulated in a completed and executed copy of a Drawdown Certificate after receipt of such Drawdown Certificate issued by the Exporter and confirmed by the Bank for deliveries evidenced in conformity with a Letter of Irrevocable Instructions for Disbursement of Payments (Lol) in form and substance as per Annex H hereto, if
Disbursement Requirements. Prior to any disbursement except the Initial Disbursement, Borrower shall provide to Xxxxxxx Mac the following items:
Disbursement Requirements. Together with each Advance Request for a TI/LC Advance, Borrower shall furnish Lender and Note B-2 Lender with copies of bills and other documentation (including lien releases or lien releases conditioned only upon payment) reasonably required by Note B-2 Lender (and consistent with the documentation required to be delivered under the Xxxxxx & Xxxxxxx Lease) to establish that the related tenant improvement expenses and leasing commissions have actually been incurred in accordance with the Xxxxxx & Xxxxxxx Lease, that any work relating thereto has been completed and that such amounts that are then due and payable or have been paid. Note B-2 Lender shall approve or disapprove any Advance Request (and, if approved, make the related TI/LC Advance to Borrower or Borrower’s designee) within ten (10) Business Days after Note B-2 Lender’s receipt of such Advance Request.
Disbursement Requirements. Upon satisfaction of the conditions set forth in Section 6, Disbursements under an Approved Credit may be made: (a) by drawings by an Exporter, Local Cost Provider, or Ancillary Services Provider under a Letter of Credit (“L/C Payments”) issued by or for the account of the Borrower; and/or (b) by advances from the Lender to the Borrower reimbursing the Borrower for the Financed Portion or Local Cost Financed Portion of payments to an Exporter, Local Cost Provider, or Ancillary Services Provider and/or Ex-Im Bank (“Reimbursements”); and/or (c) through direct payments to an Exporter or Ancillary Services Provider by the Lender on behalf of the Borrower for the Financed Portion (“Direct Disbursements”).
Disbursement Requirements. (a) What is practical period for disbursement
Disbursement Requirements. 4.1 Subject to the fulfilment of the conditions under Clause 3 above the Swedish Grant will be made available for disbursement to the Trustee as follows.
Disbursement Requirements. 9 Section 4.03 Specific Requirements for the First Disbursement. 10 Section 4.04 Supporting Documentation. 10
Disbursement Requirements. CHFA shall not be required to disburse any HSCP grant funds until CHFA has received such funds from NeighborWorks America. CHFA will not process multiple disbursements to Sub-Grantee at one time. Prior to each disbursement to Sub-Grantee, CHFA will also check to ensure:
