Disbursement 2 definition

Disbursement 2. Client disburses and GPT collects payment of an additional $35,000 USD prior to the XXXXX filing of the Companies Form SB-2 offering document; NOTE: Client allows GPT 500,000 shares of the Common Stock at distribution time to the founders;
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Disbursement 2. Client disburses and GPT collects payment of an additional $35,000 USD prior to the EXXXX filing of the Companies Form SB-2 offering document; NOTE: Client allows GPT 500,000 shares of the Common Stock to be sold in federally registered offering; Client disburses and GPT collects payment of an additional $10,000 USD upon clearance of the federally registered statement; Client disburses and GPT collects payment of an additional $10,000 USD prior to the filing of the Form 211 with the NASD clearance of the Client for quotation and trading on the NASDOTCBB.
Sample 1

Examples of Disbursement 2 in a sentence

  • Disbursement 2 covers the period from the first day of the 6th week, to the last day of the 10th week that a student director is in office.

  • Disbursement 2: Client disburses and GPT collects payment of an additional $10,000 USD upon file for permit by the State of Nevada pursuant to NRS 90.490; and $10,000 when the offering closes.

  • These decision items are discussed elsewhere in this figure setting packet, but they affect the following line items: (1) Amortization Equalization Disbursement, (2) Supplemental Amortization Equalization Disbursement, (3) Vehicle Lease Payments, and (4) Leased Space.

  • Utility Permit Public Hearing - US 50 Sanitary Sewer Improvements County Planner - Leadership Athens County 2015-2016 FNA Deferred Compensation ACCVB - Non Voting Appointments (2) Animal Claim Dog Shelter Volunteers Ohio Public Works Disbursement #2 - Pearlwood Slip Repair Rail Trail Athens Metropolitan Housing Authority - Statement of Consistency ~TRAVEL Planner, Miranda Kridler - Ohio Floodplain Mgt.

  • Dates Initial Disbursement 7 December 2009Final Disbursement 2 February 2016Time Interval 6 years, 2 months Effective Date 4 June 2009 Original Closing Date 30 September 2013Time Interval 4 years, 4 monthsb.

  • Open the email from UConntact with the subject line “Review Form Submission: Foundation Account Request for Disbursement 2.

  • Disbursement #2, Baker Tilly Municipal Advisors, LLC, for services rendered with the analysis of the Grissom Water Utility rates and charges, for $36,451.

  • Disbursement 2 covers the period from the first day of the 6th week, to the last day of the 10th week that a student director is in office.4.5.6.5. Elected Director Student Leaders- A student director who campaigned and/or was voted into office through the last ASI General Election.

  • Complete version for construction phase, prior to First Disbursement; 2.

  • Cash 13,944 Project Management Disbursement 1 2,311,228 Disbursement 2 4,964,939 Disbursement 3 5,131,142 Disbursement 4 5,206,706 Disbursement 5 5,107,080 Disbursement 6 3,699,076 UNDP Support Services as requested by Government: services provided to government directly under NIM.

Related to Disbursement 2

  • Disbursement Account means, in respect of each Tranche, the bank account set out in the most recent List of Authorised Signatories and Accounts.

  • Disbursement Date is defined in Section 2.6.2.

  • Disbursement is defined in Section 2.6.2.

  • Disbursement Agreement that certain Master Disbursement Agreement, dated as of , 2002, among the Borrower, the Administrative Agent and the other parties signatory thereto, as the same may hereafter be amended or modified in accordance with its terms and the terms of the Credit Agreement.

  • Disbursement Accounts has the meaning ascribed to it in Annex C.

  • Disbursement Schedule means the disbursement schedule as set out in an FAA;

  • Disbursement Request means a disbursement request from the Borrower to the Administrative Agent and the Collateral Agent in the form attached hereto as Exhibit C in connection with a disbursement request from the Unfunded Exposure Account in accordance with Section 2.04(d) or a disbursement request from the Principal Collection Subaccount in accordance with Section 2.18, as applicable.

  • Disbursement Letter means an instructional letter executed and delivered by Borrower to Agent regarding the extensions of credit to be made on the Closing Date, the form and substance of which is satisfactory to Agent.

  • Designated Disbursement Account means the account of the Borrower maintained with the Administrative Agent or its Affiliate and designated in writing to the Administrative Agent as the Borrower’s Designated Disbursement Account (or such other account as the Borrower and the Administrative Agent may otherwise agree).

  • Disbursement Agent means Deutsche Bank National Trust Company, a national banking association, and its successors in interest, as disbursement agent under the Custodial and Disbursement Agreement, and any successor Disbursement Agent under the Custodial and Disbursement Agreement.

  • Loan Disbursement Handbook means ADB’s Loan Disbursement Handbook (2012, as amended from time to time);

  • Final Disbursement Date means the last date on which Lender may make a Disbursement set forth in Section 10 of the Loan Authorization Agreement (including as amended by an Extension) or, if such date is not a Business Day, the next succeeding Business Day; provided, however, to the extent that Lender has not received cash collateral in the amount of the Letter of Credit Obligations or an equivalent full indemnity from Borrower or Guarantor, as applicable, with respect to Letter of Credit Obligations outstanding on the Final Disbursement Date, the Final Disbursement Date with respect to an advance to fund a drawing under such Letter of Credit shall be no later than thirty (30) days after any such drawing which may be no later than the expiry date of the Letter of Credit related thereto.

  • Controlled Disbursement Account means any accounts of the Borrowers maintained with the Administrative Agent as a zero balance, cash management account pursuant to and under any agreement between a Borrower and the Administrative Agent, as modified and amended from time to time, and through which all disbursements of a Borrower, any other Loan Party and any designated Subsidiary of a Borrower are made and settled on a daily basis with no uninvested balance remaining overnight.

  • Professional Fee Escrow Account means an interest-bearing account funded by the Debtors with Cash on the Effective Date in an amount equal to the Professional Fee Amount.

  • Advance Reimbursement Amounts As defined in Section 3.29 hereof.

  • Payment Date Advance Reimbursement has the meaning set forth in Section 8.03(a)(iii)(A) of the 20[•]-[•] Servicing Supplement.

  • Advance Reimbursement Amount has the meaning stated in Section 4.4(b) of the Servicing Supplement.

  • Disbursement Instruction Agreement means an agreement substantially in the form of Exhibit M to be executed and delivered by the Borrower pursuant to pursuant to Section 6.1(a)(xi), as the same may be amended, restated or modified from time to time with the prior written approval of the Administrative Agent.

  • Disbursement Rate means an annual rate of interest, as of the date of determination, equal to the greater of (a) eight percent (8%) and (b) the per annum rate for ten (10) year U.S. Treasury Obligations as published in The Wall Street Journal plus three hundred (300) basis points; provided, however, that in no event shall the Disbursement Rate exceed eleven and one-half percent (11.5%).

  • Administrative Fees shall have the meaning assigned to such term in Section 2.06(b).

  • Termination Disbursement means an amount drawn under a Multi-Series Letter of Credit pursuant to a Certificate of Termination Demand.

  • Administrative Agent Fees shall have the meaning assigned to such term in Section 2.05(b).

  • Loan Proceeds means all amounts advanced as part of the Loan, whether advanced directly to Borrower or otherwise.

  • Agent's Fees shall have the meaning assigned to such term in Section 3.5(c).

  • Cash Advance Fees shall have the meaning specified in the Credit Card Agreement applicable to each Account for cash advance fees or similar terms.

  • L/C Disbursement means a payment or disbursement made by an Issuing Bank pursuant to a Letter of Credit.