Quarterly Disbursements definition

Quarterly Disbursements means that portion of the Funds that may be disbursed to the Recipient after the Closing Date for reimbursement in connection with expenses for Eligible Uses incurred by the Recipient as detailed on the Recipient’s Quarterly Disbursement Statements.
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Examples of Quarterly Disbursements in a sentence

  • Figure 1 - Quarterly Disbursements of ARTF Recurrent Cost Window Compared to Investment Window (US$ million)$120$100$80$60$40$20$0Q3Q4 1382- Q2Q1Q3Q4 1383- Q2Q1Q3Q4 1384- Q2Q1Q3(Source: World Bank) Funding Requirements for 4th Quarter 1384‌In SY1384, the Administrator, Government and donors have agreed to provide US$280 million in recurrent budget financing through the ARTF.

  • Country: Ghana Year: 2012 Quarter 3 Total Obligation: $547,009,000Entity to which the assistance is provided: MCA Ghana Total Quarterly Disbursements 1: $42,629,978 Agriculture Project .............$203,234,837Enhance Profitability of cultivation, services to agriculture and product handling in support of the expansion of com- mercial agriculture among groups of smallholder farms.$201,898,740Farmers trained in commercial agriculture.

  • If the total of the Quarterly Disbursements in the Second Year is less than the Annual Funding for the Second Year, the Municipality may request an increase in the Annual Funding for the Third Year which will be considered by the NWMO.

  • Pursuant to Section 15.6 of the Agreement, the following Revised Schedules are hereby appended and incorporated into the Agreement, and shall supersede, and be substituted in their entirety for, the originally attached Schedules: Revised Schedule 4.2(a) Quarterly Disbursements Revised Schedule 4.2(b) Proposed Disbursements Revised Schedule 4.4(c) Disbursement Conditions (revised as to Items 1 and 4 only).

  • For the avoidance of doubt, the parties hereby acknowledge that, as set forth in Exhibit B, there will be no Quarterly Disbursements pursuant to this paragraph 3 before April 1, 2013.

  • ProjectsObligatedObjectiveCumulative ExpendituresCountry: Burkina Faso Year: 2013 Quarter 2 Total Obligation: $478,585,879Entity to which the assistance is provided: MCA Burkina Faso Total Quarterly Disbursements 1: $28,561,283 Roads Project ................

  • Taylor, Principal Consultant, Black & Veatch Management Consulting, LLC.; (13) Douglas Debski, Senior Regulatory Analyst, Unitil; and (14) Dylan D’Ascendis, Director of ScottMadden, Inc.

Related to Quarterly Disbursements

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

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

  • Minimum Tranche Amount has the meaning specified in Section 2.15(b).

  • 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;

  • Quarterly Distribution means with respect to each Distribution Date, the distribution to be made to the Holders of the Up-MACRO Tradeable Shares that are Outstanding on the Distribution Date pursuant to Section 5.2(a).

  • L/C Disbursement means a payment or disbursement made by an Issuing Bank pursuant to a Letter of Credit.

  • Quarterly Dates means the last Business Day of March, June, September and December in each year, the first of which shall be the first such day after the date hereof.

  • Minimum Quarterly Distribution means $0.35 per Unit per Quarter (or with respect to the period commencing on the Closing Date and ending on September 30, 2005, it means the product of $0.35 multiplied by a fraction of which the numerator is the number of days in such period and of which the denominator is 92), subject to adjustment in accordance with Section 6.6 and Section 6.9.

  • Quarterly Excess Available Funds Percentage means, with respect to the March 2008 Transfer Date and each Transfer Date thereafter, the percentage equivalent of a fraction the numerator of which is the sum of the Excess Available Funds Percentages with respect to the immediately preceding three Monthly Periods and the denominator of which is three.

  • Total Premiums Paid means total of all the premiums received, excluding any extra premium, any rider premium and taxes.

  • Quarterly Date means the last Business Day of March, June, September and December in each year, the first of which shall be the first such day after the date hereof.

  • 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.

  • Quarterly Distribution Date means the last Business Day of the month following the end of each calendar quarter after the Effective Date; provided, however, that if the Effective Date is within 45 days of the end of a calendar quarter, the first Quarterly Distribution Date will be the last Business Day of the month following the end of the first calendar quarter after the calendar quarter in which the Effective Date falls.

  • Estimated Incremental Quarterly Tax Amount has the meaning assigned to such term in Section 6.9.

  • Quarterly Dividend Period means the quarterly period commencing on each February 1, May 1, August 1 and November 1 and ending on the day before the following Dividend Payment Date.

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

  • Borrower Delayed Reimbursements Any Additional Trust Fund Expenses and reimbursements of Advances that the related Mortgagor is required, pursuant to a written modification agreement, to pay in the future to the Trust in its capacity as owner of the related Mortgage Loan.

  • Liquidity Expenses means all Liquidity Obligations other than (i) the principal amount of any Drawings under the Liquidity Facilities and (ii) any interest accrued on any Liquidity Obligations.

  • Minimum L/C Collateral Amount means, at any time, in connection with any Letter of Credit, (i) with respect to Cash Collateral consisting of cash or deposit account balances, an amount equal to 102% of the Revolving L/C Exposure with respect to such Letter of Credit at such time and (ii) otherwise, an amount sufficient to provide credit support with respect to such Revolving L/C Exposure as determined by the Administrative Agent and the Issuing Banks in their sole discretion.

  • 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).

  • Non-Availability Charges has the meaning set forth in the CAISO Tariff.

  • LOC Committed Amount shall have the meaning set forth in Section 2.3(a).

  • Maximum Swingline Amount means $5,000,000.

  • Required Overcollateralization Amount With respect to any Distribution Date, (a) prior to the Stepdown Date, an amount equal to 1.80% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date, (b) on or after the Stepdown Date if a Trigger Event is not in effect, the greater of (i) an amount equal to 3.60% of the aggregate outstanding Stated Principal Balance of the Mortgage Loans after giving effect to distributions made on that Distribution Date and (ii) the Overcollateralization Floor and (c) on or after the Stepdown Date if a Trigger Event is in effect, an amount equal to the Required Overcollateralization Amount from the immediately preceding Distribution Date. The Required Overcollateralization Amount may be reduced so long as written confirmation is obtained from each Rating Agency that such reduction shall not reduce the ratings assigned to any Class of Certificates by such Rating Agency below the lower of the then-current rating or the rating assigned to such Certificates as of the Closing Date by such Rating Agency. Residential Funding: Residential Funding Corporation, a Delaware corporation, in its capacity as seller of the Mortgage Loans to the Depositor and any successor thereto.

  • Targeted Overcollateralization Amount means, for a Payment Date, an amount equal to:

  • Maximum Revolving Advance Amount means $25,000,000.