Disbursement Application definition

Disbursement Application shall refer to the written application delivered by the Debtor to the Creditor requesting the disbursement of the Loan, in the form stated in EXHIBIT “M” hereof and which is notarized under the same number of repertoire as this public deed, and is made an integral part of this Agreement for all legal purposes. “Interest Rate” shall refer to LIBOR plus the Applicable Margin to be determined on the first Banking Business Day of each Interest Period of the Loan. “LIBOR” shall refer, for each bank business day: /a/ the rate determined by the “British Bankers Association” for 360-day Dollar deposits and published in the “LIBORM” Reuters page, and in default thereof, in the page that replaces it, in both cases at 11.00 am London time, on the second business day before the commencement of each Interest Period; /b/ in the event the LIBOR could not be determined in accordance with the foregoing, it shall refer to the average of the respective annual rates for 360-day Dollar deposits offered by five referential banks /to be defined by the Agent Bank / on the London interbank market at 11 a.m., London time, on the second business day immediately preceding the commencement date of each Interest Period of the Loan. Debtor hereby accepts any variation in the interest rates that may arise as a consequence of the foregoing statement and the test and verification procedures of the variable interest rates referred to above as valid sufficient
Sample 1Sample 2
Disbursement Application means a form prepared by the Recipient following the sample set forth in Schedule 3B of the Agreement.
Sample 1
Disbursement Application means, with respect to a request for any Disbursement, a notice given by the Borrowers to the relevant Facility Agent requesting a Loan in accordance with the terms of, and following the form as scheduled to, the relevant Loan Agreement with respect to such Disbursement.
Sample 1

Examples of Disbursement Application in a sentence

  • Money Disbursement Application shall mean a billing document, which is used to get money in cash form received in favour of the recipient via the Payment System.

  • Submission of requests for TR financing can be through Marketing or nearest Bank INA Branch Office / Sub-Branch Office Terms of Application• Open a Bank INA Current account• Obtaining LC Line Import LC Sub Limit Trust Receipt facility from Bank INA or with cash guarantee• Fill out and sign Trust Receipt Disbursement Application.

  • In: Karaduman A, Ülger Ö, Kılınç M, Vardar Yağlı N, Serel S, eds.

  • The Borrower shall have the right to submit the Disbursement Application for the first Disbursement no later than July 31, 2000.

  • Any representation or warranty made or confirmed by any Borrower in any Finance Document (including in connection with the execution of, or any request (including any Disbursement Application) under, any Finance Document) is found to be incorrect in any material respect.

  • In the case of the first two (2) Disbursements, the Borrower may request a Disbursement by submitting to the Lender an original application for such Disbursement, in the form of Exhibit A (a "Disbursement Application"), (i) in the case of the first Disbursement at least two (2) Business Days prior to the proposed date of such Disbursement and (ii) in the case of the second Disbursement, at least ten (10) Business Days prior to the proposed date of such Disbursement.

  • The Borrower shall pay to the Lender the Interest on the Outstanding Loan Amounts, according to the Interest Rate specified in the Interest and Tariff Table, in force at the time of the Disbursement Application, or the Conditional Change Application.

  • Fig 1: Basic Structure of WAP In the above Fig1 the WAP client wants to connect to the Internet, all the communication passes through the WAP gateway.

  • You can apply for only one Business Advance (SME Loan) in this application form.Secured Overdraft Fully Cash Secured (SOD) Business Installment Loan (BIL)*OthersLoan Against Property (LAP)* Commercial Mortgage (CM)** Term Loan Products.2. Application Processing and Loan Disbursement: Application processing time i.e. loan decision (approval/decline/defer) of different Business Advance products are denoted in the following table.

  • The procedures were performed solely for the purpose of the grant recipient's submission of the Disbursement Application Form to BCA in accordance with the terms and conditions specified by the BCA in its Letter of Offer dated .


More Definitions of Disbursement Application

Disbursement Application shall have the meaning specified in Section 3.02(a).
Sample 1
Disbursement Application means the letter that the BANK shall submit to SEDESA (pursuant to the text of Exhibit 1) requesting to SEDESA the disbursement of the Loan and evidencing by reliable means - to SEDESA's satisfaction - the compliance with every and each Condition Precedent;
Sample 1

Related to Disbursement Application

  • Account Application or “Application” shall mean the application, as may be amended from time to time, by which this Agreement is established between the Depositor (or following the death of the Depositor, the Beneficiary) and the Custodian. The statements contained therein shall be incorporated into this Agreement.

  • L/C Application means an application and agreement for the issuance or amendment of a Letter of Credit in the form from time to time in use by the L/C Issuer.

  • Fee Application means an application for allowance and payment of a Fee Claim (including Claims for “substantial contribution” pursuant to section 503(b) of the Bankruptcy Code).

  • 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.

  • Account Application Form means the Personal Account Application Form for International Personal Banking or Wealth and Investment as applicable;

  • Client Application means an application developed by Licensee that a) utilizes the Runtime Product, b) is installed fully on an end user’s machine, with all report processing local to that machine, and c) adds significant and primary functionality to the Runtime Product.

  • Project Application means the federal Section 5311 operating assistance project application submitted by the Municipal Corporation to, and as approved by the Commissioner for the Project described in Appendix C of this Agreement, including all project supporting information submitted therewith;

  • Application Process means the online application process under which the Applicant applies for Hospitality Packages on the Webshop.

  • L/C Amendment Application means an application form for amendment of outstanding Letters of Credit as shall at any time be in use at the Issuing Bank, as the Issuing Bank shall request.

  • Development Application means the development application identified in Item 5 of Schedule 1 and includes all plans, reports models, photomontages, material boards (as amended supplemented) submitted to the consent authority before the determination of that Development Application.

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

  • Request for Applications (RFA) means the document (including all exhibits, attachments, and published addenda), issued by the System Agency under which applications for grant funds were requested, which is incorporated by reference in the Grant Agreement for all purposes in its entirety.

  • Software Application means a digital product or service as defined in Article 2, point 13, of Regulation (EU) …/… [on contestable and fair markets in the digital sector (Digital Markets Act)];

  • Disbursement is defined in Section 2.6.2.

  • Patent Application means an application for patent protection for a CRADA Subject Invention with the United States Patent and Trademark Office (“U.S.P.T.O.”) or the corresponding patent-issuing authority of another nation.

  • Application Unit means such number of Units or whole multiples thereof as specified in this Prospectus or such other whole multiple of Units determined by the Manager, approved by the Trustee and notified to the Participating Dealers.

  • Request regarding a list of collateral means a record authenticated by a debtor requesting that the recipient approve or correct a list of what the debtor believes to be the collateral securing an obligation and reasonably identifying the transaction or relationship that is the subject of the request.

  • 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.

  • Access Application means an application for Access Rights as described in section 3.7;

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

  • Completed application means an application that satisfies all of the information and other requirements of the Tariff, including any required deposit.

  • Account Opening Application Form means the application form/questionnaire completed by the Client, on-line on the Company’s Website and/or mobile application(s) and/or in hard copy, in order to apply for the Company’s Services under the Agreement and a Client Account, via which form/questionnaire the Company will obtain amongst other things information for the Client’s identification and due diligence, financial profile and appropriateness in accordance with the Applicable Regulations.

  • Application Fee means any nonrefundable fee, which is paid by a tenant to a landlord or managing

  • Uniform application means the current version of the national association of insurance commissioners uniform application for resident and nonresident insurance producer licensing.

  • Practical application means to manufacture in the case of a composition or product, to practice in the case of a process or method, or to operate in the case of a machine or system; and, in each case, under such conditions as to establish that the invention is being utilized and that its benefits are, to the extent permitted by law or government regulations, available to the public on reasonable terms.

  • Mobile Application means a specialized software program downloaded onto a wireless communication device.