Date of Disbursement definition

Date of Disbursement means the date of a Disbursement.

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Date of Disbursement means any day during the Availability Period, on which pursuant to the request of the Borrower, the Loan Amount or any part thereof may be disbursed by the Lender subject to fulfilment of terms and conditions of this Agreement.

Date of Disbursement means the date or dates on which the Authority funds the Loans. If the disbursement is made by check, it will be the date shown on the check.

Examples of Date of Disbursement in a sentence

In addition, if following disbursement by Buyer of the Purchase Price relating to any Transaction, Seller cancels such Transaction, regardless of the number of Transactions Seller has previously cancelled, Seller shall pay Buyer a price differential on such Purchase Price from the Date of Disbursement until, but not including, the date the Purchase Price is returned to Buyer.
In such case, the Borrower hereby agrees to service the Interest accrued on the Outstanding Balance, from the first Date of Disbursement up to the Pre-EMI End Date, by making payment of the accrued Interest on the amounts disbursed, on a monthly basis on the dates specified in the Repayment Schedule or at such time interval and upon such terms and in such manner, as may be directed by the Lender, from time to time (“Pre-EMIs” or “PEMIs”).
That the Borrower and each of each of the Joint Obligors have confirmed, in terms of the format annexed herein as Annex 5, that on the corresponding Date of Disbursement: (i) all representations made by them are true and correct, (ii) there is no Default nor any Default may arise from the corresponding Disbursement, (iii) no Event of Termination pursuant to the Purchase Agreement exists and (iv) the Purchase Agreement, the First Novation and the Second Novation are valid.
In such case, the Borrower hereby agrees to service the Interest accrued on the Outstanding Balance, from the first Date of Disbursement up to the Pre-EMI End Date, by making payment of the accrued Interest on the amounts disbursed, on a monthly basis on the dates specified in the Repayment Schedule or at such time interval and upon such terms and in such manner, as may be directed by the Lender, from time to time (“Pre-EMIs or PEMIs).
For value received, BORROWER promises to pay to the order of LENDER, the Principal Sum with interest on unpaid principal from the Date of Disbursement at the Interest Rate.

More Definitions of Date of Disbursement

Date of Disbursement means the actual/deemed date of disbursement of the Loan, in whole or in part,or the date(s) on which cheque(s) for the Loan, in whole or in part, is/are issued by the Lender, whichever is earlier.

Date of Disbursement means the date funds are disbursed by the Lender to the Borrower, by check or wire, whether or not the Borrower receives them on that date.

Date of Disbursement means, with respect to a Disbursement, the date in which such Disbursement is or must be made.

Date of Disbursement means the date designated as such in each Disbursement Certificate or TEC Certificate, as the case may be.

Date of Disbursement means the date or dates on which the Authority funds the Loan. If the disbursement is made by check, it will be the date shown on the check. If the disbursement is made by electronic funds transfer, it will be the date the Loan funds are electronically transferred to the Approved Institution.

Date of Disbursement means the date or dates on which you lend money to me in consideration for the Note. If the disbursement is made by check, it will be the date shown on my loan check. If the disbursement is made by electronic funds transfer, it will be the date the loan funds are electronically transferred to my School.

Date of Disbursement means the date when Lender disburses or gives instruction to his bank for remittance of Loan Amount