Loan Disbursement Date definition

Loan Disbursement Date has the meaning given in clause 2.3(g);
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Loan Disbursement Date means the date the loan was funded to Borrower.
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Loan Disbursement Date means the first date the Agency disburses any funds to the Borrower pursuant to this Agreement.
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Examples of Loan Disbursement Date in a sentence

  • PPP Loan Disbursement Date: Enter the date that you received the PPP loan proceeds from the Lender.

  • Covered Period: The Covered Period is either: (1) the 24-week (168-day) period beginning on the PPP Loan Disbursement Date, or (2) if the Borrower received its PPP loan before June 5, 2020, the Borrower may elect to use an eight-week (56-day) Covered Period.

  • Alternative Payroll Covered Period: For administrative convenience, Borrowers with a biweekly (or more frequent) payroll schedule may elect to calculate eligible payroll costs using the 24-week (168-day) period or for loans received before June 5, 2020 at the election of the borrower, the eight-week (56-day) period that begins on the first day of their first pay period following their PPP Loan Disbursement Date.

  • Covered Period: The Covered Period is either: (1) the 24-week (168-day) period beginning on the PPP Loan Disbursement Date, or (2) if the Borrower received its PPP loan before June 5, 2020, the Borrower may elect to use an eight-week (56- day) Covered Period.

  • In no event may the Covered Period extend beyond December 31, 2020.Alternative Payroll Covered Period: For administrative convenience, Borrowers with a biweekly (or more frequent) payroll schedule may elect to calculate eligible payroll costs using the 24-week (168-day) period or for loans received before June 5, 2020 at the election of the borrower, the eight-week (56-day) period that begins on the first day of their first pay period following their PPP Loan Disbursement Date.

  • Alternative Payroll Covered Period: For administrative convenience, Borrowers with a biweekly (or more frequent) payroll schedule may elect to calculate eligible payroll costs using the 24-week (168-day) period (or for loans received before June 5, 2020 at the election of the borrower, the eight-week (56-day) period) that begins on the first day of their first pay period following their PPP Loan Disbursement Date.

  • Covered Period: The Covered Period is either (1) the 24-week (168-day) period beginning on the PPP Loan Disbursement Date, or(2) if the Borrower received its PPP loan before June 5, 2020, the Borrower may elect to use an eight-week (56-day) Covered Period.

  • Request this number from the Lender if necessary.Lender PPP Loan Number: Enter the loan number assigned to the PPP loan by the Lender.PPP Loan Amount: Enter the disbursed principal amount of the PPP loan (the total loan amount you received from the Lender).PPP Loan Disbursement Date: Enter the date that you received the PPP loan proceeds from the Lender.

  • If you cannot find your copy, you may email COVID19relief@gwcu.org and request it.▪ Lender PPP Loan Number: This is your Goldenwest Credit Union account number for the account the loan was funded on.▪ PPP Loan Disbursement Date: This is the date your PPP funds were deposited into your account.▪ Covered Period: Your covered period begins on your loan disbursement date and ends anywhere from 8 weeks to 24 weeks later.

  • The first day of the Covered Period must be the same as the PPP Loan Disbursement Date.


More Definitions of Loan Disbursement Date

Loan Disbursement Date means any Business Day occurring on or after the Closing Date; provided that there shall not occur more than two Loan Disbursement Dates in any calendar month.
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Loan Disbursement Date means the first date on which a Senior Facility A Loan is disbursed by the Senior Facility A Lenders following a claim under a Bank Guarantee;
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Loan Disbursement Date has the meaning set forth in the TW Subscription Agreement”;
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Loan Disbursement Date the disbursement date of an Individual Loan.
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Loan Disbursement Date means any Business Day occurring on or after the Closing Date but on or prior to the Commitment Termination Date; provided that there shall not occur more than one Loan Disbursement Date in any calendar month.
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Related to Loan Disbursement Date

  • 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 Date is defined in Section 2.6.2.

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

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

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

  • Agent Advance shall have the meaning provided in Section 2.01(e).

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

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

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

  • Tranche A Advance has the meaning specified in Section 2.01(a).

  • Agent Advances has the meaning set forth in Section 2.3(e)(i).

  • Unpaid Drawing shall have the meaning provided in Section 3.4(a).

  • Shared-Loss Loan Commitment Advance means an advance pursuant to a Shared-Loss Loan Commitment with respect to which the Assuming Institution has not made a Permitted Advance.

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

  • 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).

  • Tranche A Loan shall have the meaning set forth in Section 2.01(a).

  • Revolving Facility Loan means a Loan made by a Revolving Facility Lender pursuant to Section 2.01(b). Unless the context otherwise requires, the term “Revolving Facility Loans” shall include the Other Revolving Loans.

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

  • Tranche B Advance has the meaning specified in Section 2.01(b).

  • Loan Payment Date means any date on which any Bond Service Charges are due and payable.

  • Delayed Draw Loan A Loan that requires one or more future advances to be made by the Borrower and which does not permit the re-borrowing of any amount previously repaid by the related Obligor; provided that such loan shall only be considered a Delayed Draw Loan for so long as any future funding obligations remain in effect and only with respect to any portion which constitutes a future funding obligation.

  • Revolving Loan Termination Date means the earlier of (a) the fifth anniversary of the Funding Date and (b) the date of termination in whole of the Aggregate Revolving Loan Commitment pursuant to Section 2.05(a) or Section 9.01 hereof.

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • Extended Repayment Date shall have the meaning provided in Section 2.5(c).

  • Revolving Facility Maturity Date means, as the context may require, (a) with respect to the Revolving Facility in effect on the Closing Date, the fifth anniversary of the Closing Date and (b) with respect to any other Classes of Revolving Facility Commitments, the maturity dates specified therefor in the applicable Extension Amendment or Refinancing Amendment.