Common use of Limits on Disbursements Clause in Contracts

Limits on Disbursements. Lender will disburse funds from the Capital Replacement and Repair Reserve Fund no more frequently than once per calendar month, and no disbursement will be made in an amount less than $1,000.

Appears in 3 contracts

Samples: Loan Agreement, Loan Agreement, Loan Agreement

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Limits on Disbursements. Lender will disburse funds from the Capital Replacement and Repair Reserve Fund no more frequently than once per calendar month, and no disbursement will be made in an amount less than $1,000.the Capital Replacement and Repair Reserve Fund Disbursement Minimum specified in Article I.

Appears in 3 contracts

Samples: Loan Agreement (Vinebrook Homes Trust, Inc.), Loan Agreement (Reven Housing REIT, Inc.), Loan Agreement (Front Yard Residential Corp)

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