Funding Requisition definition

Funding Requisition is defined in the Participation Agreement.
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Funding Requisition has the meaning specified in Section 2.4 (a) of the Participation Agreement.
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Funding Requisition means a requisition form, in the form attached to the Loan Agreement as Exhibit B, requesting disbursement of monies by the Trustee from the Construction Fund.
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Examples of Funding Requisition in a sentence

  • Together with the Funding Requisition, the Lessee shall submit to the Lender a requisition using AIA Form G702 and 703 accompanied by a cost breakdown, the accuracy of which shall be certified by the Lessee, the Architect and the General Contractor, and such other information and documentation required hereunder.

  • In order to fulfill the Partnership’s obligation to fund the Contribution in accordance with Section 2.2(d) of the Participation Agreement, the Limited Partner shall, concurrently with the funding of the Loan, advance as its Capital Contribution, an amount equal to 100% of the Contribution on the Closing Date in accordance with the disbursement instructions set forth in the Funding Requisition.

  • As provided in subsection (b) below, the Lender shall from time to time, upon the receipt of a Funding Requisition from the Lessee, make Loan Advances as requested in such Funding Requisition, and the Lessor shall from time to time, make Contribution Advances as requested in such Funding Requisition.

  • Each Funding Requisition shall be addressed jointly to the Lessor and the Lender and be substantially in the form attached hereto as Appendix II.

  • Except as provided in Sections 2.2 (c) and 2.2 (d), Lessor hereby directs the Lender to make disbursements of each Loan Advance and each Contribution Advance directly to the Lessee or as otherwise directed in the applicable Funding Requisition.

  • Notwithstanding anything to the contrary contained herein, the Funding Date with respect to any Funding Requisition shall be a Loan Payment Date, except that a Funding Requisition which requests a Loan Advance for a Base Rate Loan may request a Funding Date with respect to such Loan Advance on any Business Day.

  • Each Funding Requisition shall constitute a representation and warranty by the Lessee to the Lender and the Lessor that all the conditions precedent to such Funding have been satisfied, including but not limited to those contained in Section 3.3 hereof.

  • In the event that Administrative Agent shall approve any such Funding Requisition, Lenders shall disburse the Loan Proceeds so approved.

  • Each Funding Requisition shall be addressed jointly to the Lessor and the Lender and be substantially in the form attached hereto as APPENDIX II.

  • In order to obtain a Disbursement of Loan Proceeds, Borrower must submit a Funding Requisition to Administrative Agent together with the other items required to obtain a Disbursement.


More Definitions of Funding Requisition

Funding Requisition has the meaning specified in SECTION 2.2 of the Participation Agreement.
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Funding Requisition means the requisition form requesting disbursement of moneys from the Program Fund in the form attached as an exhibit to the Loan Agreement.
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Funding Requisition means the requisition form requesting disbursement of monies from the Construction Fund in the form attached hereto as Exhibit C;
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Funding Requisition means the Funding Requisition provided for in SECTION 2.2(c) and (d) of the Participation Agreement.
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Funding Requisition. Shall, with respect to a proposed Disbursement, mean a Funding Requisition in substantially the form attached hereto as Exhibit G.
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Funding Requisition means the requisition form requesting disbursement of funds from the Cost of Issuance Fund in the form attached to the Indenture.
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Related to Funding Requisition

  • Funding Request shall have the meaning set forth in Section 5.3(a).

  • Borrowing Request means a request by the Borrower for a Borrowing in accordance with Section 2.03.

  • 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.

  • Advance Request means a request for an Advance submitted by Borrower to Lender in substantially the form of Exhibit A.

  • Request for Loan means a written request for a Loan substantially in the form of Exhibit G, signed by a Responsible Official of Borrower, on behalf of Borrower, and properly completed to provide all information required to be included therein.

  • Additional Advance means each additional loan that is made under an RBC Homeline Plan after the initial advance, including any new or additional advances, increases to principal, or further borrowings or extensions of the term, including in the case of any fluctuating account or accounts, revolving loans, or lines of credit, additional segments of such facilities made after the initial advance. They are referred to collectively as Additional Advances.

  • Draw Request Any request by the Borrower, pursuant to Section 2.2 of this Agreement, for a disbursement of any portion of the proceeds of the Loan.

  • Request for Advance means a Request for Revolving Credit Advance or a Request for Swing Line Advance, as the context may indicate or otherwise require.

  • CREFC® Advance Recovery Report A monthly report substantially in the form of, and containing the information called for in, the downloadable form of the “Advance Recovery Report” available as of the Closing Date on the CREFC® Website, or such other form for the presentation of such information and containing such additional information as may from time to time be approved by the CREFC® for commercial mortgage securities transactions generally.

  • Swingline Borrowing Request means a request by a Borrower substantially in the form of Exhibit C-2.

  • Advance Request Form means a certificate, in substantially the form of Exhibit A, properly completed and signed by Borrower requesting an Advance.

  • Request for Letter of Credit means a written request for a Letter of Credit substantially in the form of Exhibit H, signed by a Responsible Official of Borrower, and properly completed to provide all information required to be included therein.

  • Notice of Swingline Borrowing shall have the meaning set forth in Section 2.4.

  • Project Preparation Advance means the project preparation advance granted by the Association to the Borrower pursuant to an exchange of letters dated April 28, 1994 and May 21, 1994 between the Borrower and the Association;

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Request for Borrowing has the meaning provided in Section 2.3(a).

  • Notice of Borrowing has the meaning specified in Section 2.02(a).

  • Notice of Swing Line Borrowing has the meaning specified in Section 2.02(b).

  • Funding Conditions With respect to any proposed Funding Date, the following conditions:

  • Construction Budget means the fully-budgeted costs for the acquisition and construction of a given parcel of real property (including, without limitation, the cost of acquiring such parcel of real property, reserves for construction interest and operating deficits, tenant improvements, leasing commissions, and infrastructure costs) as reasonably determined by the Parent in good faith.

  • Loan Advance The meaning specified in Section 2.2(a).

  • Prepayment Account for any Class of Loans shall mean an account (which may include the Prepayment Account established under the Security Agreement) established by the Borrower with the Collateral Agent and over which the Collateral Agent shall have exclusive dominion and control, including the exclusive right of withdrawal for application in accordance with this subsection (viii). The Collateral Agent will, at the request of the Borrower, invest amounts on deposit in the Prepayment Account for any Class of Loans in Cash Equivalents that mature prior to the last day of the applicable Interest Periods of the Eurodollar Loans of such Class to be prepaid; provided, however, that (i) the Collateral Agent shall not be required to make any investment that, in its sole judgment, would require or cause the Collateral Agent to be in, or would result in any, violation of any Law, (ii) such Cash Equivalents shall be subjected to a First Priority Lien in favor of the Collateral Agent and (iii) if any Event of Default shall have occurred and be continuing, the selection of such Cash Equivalents shall be in the sole discretion of the Collateral Agent. The Borrower shall indemnify the Collateral Agent for any losses relating to such investments in Cash Equivalents so that the amount available to prepay Eurodollar Loans on the last day of the applicable Interest Periods is not less than the amount that would have been available had no investments been made pursuant thereto. Other than any interest or profits earned on such investments, the Prepayment Accounts shall not bear interest. Interest or profits, if any, on the investments in any Prepayment Account shall accumulate in such Prepayment Account until all outstanding Loans of any applicable Class with respect to which amounts have been deposited in the Prepayment Accounts have been prepaid in full, at which time so much thereof as is not required to make payment of the Senior Credit Obligations which have become due and payable (whether by scheduled maturity, acceleration or otherwise) shall be withdrawn by the Collateral Agent on the next Business Day following the day on which the Collateral Agent considers the funds deposited therein to be collected funds and disbursed to the Borrower or its order. If the maturity of the Loans has been accelerated pursuant to Section 8.02, the Administrative Agent may, in its sole discretion, cause the Collateral Agent to withdraw amounts on deposit in the Prepayment Account for the applicable Class of Loans and, subject to Section 8.03, apply such funds to satisfy the Senior Credit Obligations of the applicable Class or Classes.

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

  • Notice of Drawdown means a notice substantially in the form set out in Schedule 4 (Notice of Drawdown).

  • Borrowing Notice is defined in Section 2.8.

  • Funding Date is any date on which a Credit Extension is made to or for the account of Borrower which shall be a Business Day.