Disbursement definition

Disbursement is defined in Section 2.6.2.
Disbursement has the meaning set forth in Section 3.1.
Disbursement means any Lease Deficit Disbursement, any Unpaid Demand Note Disbursement, any Termination Date Disbursement or any Termination Disbursement under a Multi-Series Letter of Credit, or any combination thereof, as the context may require.

Examples of Disbursement in a sentence

  • Each Lender and the Borrowers agree that, in making any Disbursement under a Letter of Credit, the applicable Issuer shall not have any responsibility to obtain any document (other than any sight draft, certificates and documents expressly required by the Letter of Credit) or to ascertain or inquire as to the validity or accuracy of any such document or the authority of the Person executing or delivering any such document.


More Definitions of Disbursement

Disbursement means, collectively, (a) an advance of a working capital loan from Lender to Borrower under the Loan Facility, and (b) an advance to fund a drawing under a Letter of Credit issued or caused to be issued by Lender for the account of Borrower under the Loan Facility.
Disbursement means a payment in cash.
Disbursement means any of the following:
Disbursement means a disbursement of Borrower Loan Proceeds and Other Borrower Moneys pursuant to this Borrower Loan Agreement.
Disbursement means any payment of moneys, including any transfer of funds, by any means.
Disbursement means any disbursement of the Loan;
Disbursement has the meaning given to it in Section 2.2(a).