Scheduled Disbursement Date definition

Scheduled Disbursement Date means the date on which a Tranche is scheduled to be disbursed in accordance with Article 1.02C.

Scheduled Disbursement Date means the date on which a Tranche is scheduled to be disbursed in accordance with Article 1.02B.

Scheduled Disbursement Date means the date on which a Tranche is scheduled to be disbursed in accordance with Article 1.02C. ‘‘Security’’ means any mortgage, pledge, lien, charge, assignment, hypothecation or other security interest securing any obligation of any person or any other agreement or arrangement having a similar effect. ‘‘Spread’’ means the fixed spread to the Relevant Interbank Rate (being either plus or minus) determined by the Bank and notified to the Borrower in the relevant Disbursement Notice or Interest Revision/Conversion Proposal.

Examples of Scheduled Disbursement Date in a sentence

• Any request for deferment shall have effect in respect of a Tranche only if it is made at least 5 (five) Business Days before its Scheduled Disbursement Date.

• However, the notice shall have no effect in respect of an Accepted Tranche which has a Scheduled Disbursement Date falling within 5 (five) Business Days of the date of the notice.

• If pursuant to Articles 1.05 and 1.06 disbursement of any Floating Rate Tranche takes place after the Scheduled Disbursement Date the Relevant Interbank Rate applicable to the first Floating Rate Reference Period shall apply as though the disbursement had been made on the Scheduled Disbursement Date.

• However, the notice shall have no effect in respect of (i) a Notified Tranche which has a Scheduled Disbursement Date falling within 5 (five) Business Days of the date of the notice or (ii) a Tranche in respect of which a Disbursement Request has been submitted but no Disbursement Notice has been issued.

• If pursuant to Articles 1.05 and 1.06 disbursement of any Floating Rate Tranche takes place after the Scheduled Disbursement Date, the Relevant Interbank Rate applicable to the first Floating Rate Reference Period shall apply as though the disbursement had been made on the Scheduled Disbursement Date.

More Definitions of Scheduled Disbursement Date

Scheduled Disbursement Date means the date on which a Tranche is scheduled to be disbursed in accordance with Article 1.02B. ‘‘Spread’’ means the fixed spread to the Relevant Interbank Rate (being either plus or minus) determined by the Bank and notified to the Borrower in the relevant Disbursement Offer or Interest Revision/Conversion Proposal. ‘‘Sub-Project’’ has the meaning given to it in Recital (1). ‘‘Technical Description’’ has the meaning given to it in Recital (1).

Scheduled Disbursement Date means the date on which a Tranche is scheduled to be disbursed in accordance with Article 1.2.B, which shall be a Relevant Business Day falling at least 10 (ten) days after the date of the Disbursement Offer and on or before the Final Availability Date.

Scheduled Disbursement Date means the date on which a Tranche is scheduled to be disbursed.

Scheduled Disbursement Date means the date on which a Tranche is scheduled to be disbursed in accordance with Article 1.02B. "SEC" means the U.S. Securities and Exchange Commission. 0015274-0000214 BK:37209258.7 14 "Security" means any mortgage, pledge, lien, charge, assignment, hypothecation, or other security interest securing any obligation of any person or any other agreement or arrangement having a similar effect. “Sensus Acquisition” means the purchase, directly or indirectly, by the Guarantor of the shares in Sensus USA Inc., a company duly incorporated under the laws of Delaware, Sensus Metering Systems (Luxco 1) S.à x.x., a Luxembourg société à responsabilité limitée, and each of their direct and indirect subsidiaries. “Sensus Acquisition Agreement” means that certain Share Purchase Agreement dated as of as of August 15, 2016 among Sensus Worldwide Limited, Sensus Industries Limited, Sensus USA Inc., the Guarantor and Xylem Luxembourg S.à x.x., a Luxembourg société à responsabilité limitée. “Sensus Closing Date” means the date, if any, on which the Sensus Acquisition is consummated. "Solvent" means as to the Guarantor that as of the date of determination both (a) (i) the sum of the Guarantor's debt (including contingent liabilities) does not exceed all of its property, at a fair valuation; (ii) the Guarantor is able to pay the probable liabilities on the Guarantor's then existing debts as they become absolute and matured; and (iii) the Guarantor has not incurred, does not believe (and has no reason to believe) that it will incur, debts beyond its ability to pay such debts as they become due; and (b) the Guarantor is "solvent" within the meaning given that term and similar terms under applicable US laws relating to fraudulent transfers and conveyances. For purposes of this definition, the amount of any contingent liability at any time shall be computed as the amount that, in light of all of the facts and circumstances existing at such time, represents the amount that can reasonably be expected to become an actual or matured liability (discounted to present value at rates believed to be reasonable by the Guarantor acting in good faith). "Spread" means the fixed spread to the Relevant Interbank Rate (being either plus or minus) determined by the Bank including the Margin and notified to a Borrower in the relevant Disbursement Offer or Interest Revision/Conversion Proposal. "Subsidiary" means all entities which are consolidated with the Guarantor in accordance with generally acc...

Scheduled Disbursement Date means the date on which a Tranche is scheduled to be disbursed in accordance with Article 2.2.2. ”Second Tranche” has the meaning given to it in 2.2.1(b).

Scheduled Disbursement Date means the date on which a Tranche is expected to be disbursed by the Agent to the Issuer in accordance with Clause 4 (Conditions for Disbursement).

Scheduled Disbursement Date means February 2, 2014.