Net Disbursement Amount definition

Net Disbursement Amount means, in relation to any Financial Assistance under a Facility, the Financial Assistance Amount thereof less the sum of (without double counting):
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Net Disbursement Amount means the proceeds of the Funding Instrument less the aggregate amount of clearing of the pre-financing according to Article 6 of this Loan Agreement in relation to any Disbursement, resulting in an amount to be disbursed to the Borrower.
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Net Disbursement Amount means the proceeds of the Financial Transaction less the aggregate amount of any commissions, fees and costs related to such Financial Transaction and to the preparation and execution of it and the costs referred to in Clause 6(4) in relation to any Instalment, resulting to an amount to be disbursed to the Borrower.
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Examples of Net Disbursement Amount in a sentence

  • The Borrower undertakes to utilise the Net Disbursement Amount from the Loan in accordance with the Decision and the Memorandum of Understanding.

  • If the Lender due to prevailing market conditions at the time of launching a bond issue or any other Financial Transaction is not able to obtain a funding at or below the maximum rates referred to in the relevant Acceptance Notice, then the Lender is under no obligation to make the Net Disbursement Amount of any Tranche available to the Borrower.

  • The EFSF proposal shall specify the amount which EFSF is authorised to make available by way of a Financial Assistance under the Financial Assistance Facility Agreement and on what terms including as to the amount of the Financial Assistance, the Net Disbursement Amount, the term, the redemption schedule and the interest rate (including the Margin) in relation to such Financial Assistance.

  • The Net Disbursement Amount of the Instalment to be at least [•] % of the principal amount.

  • The EFSF proposal shall specify the amount which EFSF is authorised to make available by way of a Loan under the Loan Facility Agreement and on what terms including as to the amount of the Loan, the Net Disbursement Amount, the term, the redemption schedule and the interest rate (including the Margin) in relation to such Loan.

  • On the Closing Date, subject to the satisfaction of the conditions to borrowing set forth on Addendum 3 hereto, ▇▇▇▇▇▇ will make the Loan hereunder in the sum designated in the Loan Chart as the “Loan Amount.” Lender shall make the Loan by funding the Net Disbursement Amount specified in the Loan Chart per written disbursement instructions between Borrowers and Lender prior to closing and retaining the Commitment Fee shown on the Loan Chart for its own Account.

  • Following this consultation, the Borrower may request an Instalment in writing in the form of Annex 1 irrevocably accepting the main terms thereby indicated including the amount of the Instalment, the minimum Net Disbursement Amount, the maturity, the maximum interest rate as well as whether fixed or variable, and any other relevant characteristics (hereinafter the “Request for Funds”).

  • The request from the Euro Working Group Chairman shall specify the amount which the Lenders are willing to make available by way of a Loan under the Loan Facility Agreement and on what terms including as to the amount of the Loan, the Net Disbursement Amount, the Term, the redemption schedule and the Interest Rate in relation to such Loan.

  • In addition, costs referred to in Article 7, paragraph 5, shall also be deducted from the net proceeds, resulting to the amount to be disbursed to the Borrower (hereinafter referred to as the "Net Disbursement Amount").

  • If the Lender due to prevailing market conditions at the time of launching a bond issue or any other Financial Transaction is not able to obtain a funding at or below the maximum rates referred to in the relevant Acceptance Notice, then the Lender is under no obligation to make the Net Disbursement Amount of any Instalment available to the Borrower.