Disbursement 4 definition

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.
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Examples of Disbursement 4 in a sentence

  • This reduction was based on JBC common policies to disallow the Supplemental Amortization Equalization Disbursement ($4, 622) and a larger base reduction than OSPB requested ($20,256).

  • 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.

  • Disbursement #4, Ice Miller LLP, for professional services for Waterworks Revenue Bonds, for $36,000.

  • Disbursement #4, #6, #8, #10, #12 require for each EEP that expenditures in the previous fiscal year be equal to or greater than 70% of their budgeted amounts during the fiscal year for each EEP line item with respect to the expected annual budgeted amounts specified in Schedule 4 to the Loan Agreement (70% Rule-Final).

  • Disbursement 1 7,901,895 June 2017 Disbursement 2 11,324,992 June 2018 Disbursement 3 10,556,592 June 2019 Disbursement 4 7,378,595 June 2020 Disbursement 5 4,010,665 June 2021 iii.

  • In Quarter III, UGX 130,000,000 was disbursed for sub-projects under Disbursement 4, lot 1.

  • Disbursement Plan Disbursement 1 1,022,186 Disbursement 2 1,760,066 Disbursement 3 1,927,632 Disbursement 4 1,085,573 Disbursement 5 444,542 PROFONANPE will be the recipient of the GCF grant and will be responsible for the Project’s technical and fiduciary execution, including monitoring and supervision.

  • Disbursement 4: Newcourt will disburse to GLOBAL a success fee of one -------------- percent (1%) of all financing and all funds raised by Newcourt from funding sources introduced by Global.

  • 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 4

  • Disbursement is defined in Section 2.6.2.

  • 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 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.

  • 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 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.

  • 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).

  • 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.

  • 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%).

  • 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.

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

  • 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.

  • 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.

  • Letter of Credit Disbursement means a payment made by Issuing Bank pursuant to a Letter of Credit.

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

  • 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.

  • L/C Disbursement means a payment or disbursement made by an Issuing Bank 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.

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

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

  • Servicing Advance Reimbursement Amounts As defined in Section 3.22.