Disbursement 3 definition

Disbursement 3. Client disburses and GPT collects payment of an additional $10,000 USD upon clearance of the federally registered statement;
Disbursement 3. Client disburses and GPT collects payment of an additional $5,000 USD upon completion and before filing of the Form 211 with the NASD; Disbursement 4: Client disburses and GPT collects payment of an additional $5,000 USD upon notification by the NASD of the Company's clearance for quotation on the NASDOTCBB;

Examples of Disbursement 3 in a sentence

  • A1.1 Roles and Responsibilities‌ The ODH Grants Services Unit (GSU) is comprised of four teams: 1) Processing, 2) Disbursement, 3) Reporting, and 4) Compliance.

  • Program Funding 2 Section 2.2 Compact CDF 2 Section 2.3 MCC Funding 3 Section 2.4 Disbursement 3 Section 2.5 Interest 3 Section 2.6 Government Resources; Budget 3 Section 2.7 Limitations on the Use of MCC Funding 3 Section 2.8 Taxes 4 ARTICLE 3.

  • Client allows GPT 500,000 shares of the Common Stock at distribution time to the founders; Disbursement 3: Client disburses and GPT collects payment of an additional $10,000 USD upon clearance of the federally registered statement; Disbursement 4: 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.

  • 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.

  • Section 2.1 Program Funding 2 Section 2.2 Compact Facilitation Funding 2 Section 2.3 MCC Funding 3 Section 2.4 Disbursement 3 Section 2.5 Interest 3 Section 2.6 Government Resources; Budget 3 Section 2.7 Limitations on the Use of MCC Funding 4 Section 2.8 Taxes 4 ARTICLE 3.

  • Section 2.1 Program Funding 2 Section 2.2 Compact Facilitation Funding 2 Section 2.3 MCC Funding 3 Section 2.4 Disbursement 3 Section 2.5 Interest 3 Section 2.6 Government Resources; Budget 3 Section 2.7 Limitations on the Use of MCC Funding 4 Section 2.8 Taxes 5 Section 2.9 Lower Middle Income Countries 6 ARTICLE 3.

  • Program Funding 2 Section 2.2 Compact Development Funding 2 Section 2.3 MCC Funding 3 Section 2.4 Disbursement 3 Section 2.5 Interest 3 Section 2.6 Government Resources; Budget 3 Section 2.7 Limitations on the Use of MCC Funding 4 Section 2.8 Taxes 4 ARTICLE 3.

  • Disbursement 3: Newcourt will disburse to GLOBAL and or its assigns -------------- equivalent of 800,000 shares (8%) of founders common stock.

  • Disbursement 3 to Designated Accounts.” Within ninety days (90) after the transfer of the Funds out of Escrow 4 account, Principal will be paid its first disbursement of earnings.” 5 9.

  • 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 3

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

  • Disbursement is defined in Section 2.6.2.

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

  • Disbursement Date 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 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.

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

  • 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.

  • Advance Reimbursement Amounts As defined in Section 3.29 hereof.

  • 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.

  • 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%).

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

  • 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.

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

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

  • Servicing Advance Reimbursement Amounts As defined in Section 3.22.

  • 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.

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

  • 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.

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

  • L/C Disbursements a payment or disbursement made by the Issuing Lender pursuant to a Letter of Credit.

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

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

  • Administrative Fee is defined in Section 4.1(a).