Minimum Disbursement Amount definition

Minimum Disbursement Amount means Twenty-Five Thousand and No/100 Dollars ($25,000).

Minimum Disbursement Amount means $100,000.

Minimum Disbursement Amount means Ten Thousand and No/100 Dollars ($10,000).

Examples of Minimum Disbursement Amount in a sentence

• Lender shall not be required to disburse Replacement Reserve Funds more frequently than once each calendar month nor in an amount less than the Minimum Disbursement Amount (or a lesser amount if the total amount of Replacement Reserve Funds is less than the Minimum Disbursement Amount, in which case only one disbursement of the amount remaining in the account shall be made).

• Lender shall not be required to disburse Immediate Repair Funds more frequently than once each calendar month nor in an amount less than the Minimum Disbursement Amount (or a lesser amount if the total Immediate Repair Funds is less than the Minimum Disbursement Amount, in which case only one disbursement of the amount remaining in the account shall be made).

• Lender shall not be required to disburse Capital Expenditure Funds more frequently than once each calendar month, unless such requested disbursement is in an amount greater than the Minimum Disbursement Amount (or a lesser amount if the total amount of Capital Expenditure Funds is less than the Minimum Disbursement Amount, in which case only one disbursement of the amount remaining in the account shall be made).

• Lender shall not be required to disburse Leasing Reserve Funds more frequently than once each calendar month nor in an amount less than the Minimum Disbursement Amount (or a lesser amount if the total amount of Leasing Reserve Funds is less than the Minimum Disbursement Amount, in which case only one disbursement of the amount remaining in the account shall be made).

• Lender shall not be required to disburse Capital Expenditure Funds more frequently than once each calendar month, and each disbursement of Capital Expenditure Funds must be in an amount not less than the Minimum Disbursement Amount (or a lesser amount if the total remaining balance of Capital Expenditure Funds is less than the Minimum Disbursement Amount, in which case only one disbursement of the amount remaining in the Capital Expenditure Account shall be made).

More Definitions of Minimum Disbursement Amount

Minimum Disbursement Amount means One Hundred Thousand and No/100 Dollars ($100,000).

Minimum Disbursement Amount means Fifteen Thousand and No/100 Dollars ($15,000).

Minimum Disbursement Amount means $50,000.

Minimum Disbursement Amount means Fifty Thousand and No/100 Dollars ($50,000).

Minimum Disbursement Amount means Twenty-Five Thousand and No/100 ($25,000.00), or such lesser amount remaining in the applicable Reserve Account.

Minimum Disbursement Amount means $25,000.00.

Minimum Disbursement Amount means Twenty-Five Thousand Dollars ($25,000).