Disbursement Requisition definition

Disbursement Requisition means a request for disbursement of funds submitted by Borrower to Administrative Agent in the form of Exhibit C-10 to the Credit Agreement.
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Disbursement Requisition means a requisition in the form attached hereto as Exhibit A.
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Disbursement Requisition means a requisition in the form attached as Exhibit A executed by a Senior Financial Officer of the Grantor.
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Examples of Disbursement Requisition in a sentence

  • Administrative Agent shall review such Disbursement Requisition within five Banking Days following receipt thereof, and, to the extent funds exist in the Revenue Account after application of amounts in such account to Waterfall Levels 1 through 5, make payment of the Subordinated O&M Costs specified therein in accordance with Section 7.2.1 to the designated payee thereof to the extent that such expenditures are in accordance with the terms of the relevant Annual Operating Budget.

  • On or before the fifth Banking Day prior to the end of each calendar quarter on which Borrower desires to make payments of Subordinated O&M Costs, Borrower shall include in the Disbursement Requisition submitted pursuant to Section 7.2.2 on such date the amounts to be so paid, which amounts shall not exceed the Subordinated O&M Costs which have become due and payable.

  • The following Exhibits are attached to, and by this reference are made a part of, this Trust Agreement: Exhibit A (Form of Certificate) and Exhibit B (Form of Disbursement Requisition from Construction Fund).

  • The disbursement will be made within thirty (30) days following receipt by the County of a complete Disbursement Requisition, including all attachments and signed by the Homeowner, in the form attached as Exhibit B.

  • Notwithstanding anything to the contrary contained herein, the Depositary shall not be responsible for the calculation of any amounts hereunder and shall be entitled to conclusively rely on the accuracy of any and all amounts stated in each Disbursement Requisition delivered hereunder.

  • Administrative Agent shall withdraw from the Revenue Account and transfer to the applicable Checking Account the amount specified in a Monthly Disbursement Requisition.

  • The relevant Project Owner shall be entitled to withdraw amounts from an Operating Account (a) to pay Project Costs for the corresponding Project in accordance with Section 7.1.2 or (b) to pay Senior O&M Costs for the corresponding Project which have become due and payable in respect of such Project in accordance with the Disbursement Requisition in which such Senior O&M Costs were described.

  • Borrower shall be entitled to withdraw amounts from the Operating Account to pay Senior O&M Costs which have become due and payable in accordance with the Disbursement Requisition in which such Senior O&M Costs were described.

  • Please liquidate investments held in the [Name of Account] under the Depositary Agreement in an amount sufficient to yield proceeds of $_____________, to be used for the payment of [________ costs] as set forth in the [Construction Drawdown Certificate] [Turbine Purchase Drawdown Certificate] [Disbursement Requisition] [specify any other purposes for the withdrawal], attached hereto as Schedule 1.

  • Amounts transferred to the Operating Account which are not, for any reason, applied to payment of Senior O&M Costs in accordance with the Disbursement Requisition pursuant to which such amounts were transferred, shall be retained in the Operating Account for application to the following month's Senior O&M Costs in accordance with Section 7.2.2.

Related to Disbursement Requisition

  • 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 is defined in Section 2.6.2.

  • Disbursement Date 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.

  • 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.