Early payment of Undisbursed Funds Sample Clauses

Early payment of Undisbursed Funds. The Departments may, in their sole discretion, pay to the Recipient or deposit into the Bank Account or Segregated Bank Account some or all of the Undisbursed Funds before the time otherwise specified for payment in this clause 6.
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Early payment of Undisbursed Funds. The Department may, in its sole discretion, pay the Recipient some or all of the Undisbursed Funds before the time otherwise specified for payment in this clause 5. [Drafting note: the Department may need flexibility to pay out the entire grant in a lump sum (subject to any financial year caps).]
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Early payment of Undisbursed Funds. ‌ The Office may, in its sole discretion, pay to You or deposit into the Bank Account some or all of the Undisbursed Funds before the time otherwise specified for payment in this clause 5.
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Related to Early payment of Undisbursed Funds

  • Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges Borrower will pay each Periodic Payment when due. Borrower will also pay any prepayment charges and late charges due under the Note, and any other amounts due under this Security Instrument. Payments due under the Note and this Security Instrument must be made in U.S. currency. If any check or other instrument received by Lender as payment under the Note or this Security Instrument is returned to Lender unpaid, Lender may require that any or all subsequent payments due under the Note and this Security Instrument be made in one or more of the following forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank check, treasurer’s check, or cashier’s check, provided any such check is drawn upon an institution whose deposits are insured by a U.S. federal agency, instrumentality, or entity; or (d) Electronic Fund Transfer. Payments are deemed received by Lender when received at the location designated in the Note or at such other location as may be designated by Lender in accordance with the notice provisions in Section 16. Lender may accept or return any Partial Payments in its sole discretion pursuant to Section 2. Any offset or claim that Borrower may have now or in the future against Lender will not relieve Borrower from making the full amount of all payments due under the Note and this Security Instrument or performing the covenants and agreements secured by this Security Instrument.

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