Owner’s Disbursements definition

Owner’s Disbursements means all amounts required to be distributed by Manager to Borrower or Operating Lessee pursuant to Section 5.04.3 of the Management Agreement (or such similar amounts required to be disbursed to Borrower or Operating Lessee pursuant to any replacement Management Agreement).
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Examples of Owner’s Disbursements in a sentence

  • Owner’s Disbursements, if any, plus total construction for all four sites, shall not exceed the total construction budget.

Related to Owner’s Disbursements

  • L/C Disbursements a payment or disbursement made by the Issuing Lender pursuant to a Letter of Credit.

  • Disbursement is defined in Section 2.6.2.

  • State disbursement unit or "SDU" means the entity established in section 6 of the office of child support act, 1971 PA 174, MCL 400.236.

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

  • Report-based Disbursements means the Borrower’s option for withdrawal of funds from the Credit Account referred to in Part A.5 of Schedule 1 to this Agreement;