Termination Disbursement definition

Termination Disbursement means an amount drawn under a Multi-Series Letter of Credit pursuant to a Certificate of Termination Demand.
Termination Disbursement means an amount drawn under a Series 2010-6 Letter of Credit pursuant to a Certificate of Termination Demand.
Termination Disbursement means an amount drawn under a Series 2002-2 Letter of Credit pursuant to a Certificate of Termination Demand.

Examples of Termination Disbursement in a sentence

  • If a Termination Disbursement is not made in accordance with Section 6.4, then Distributions, including the purchase of new annuities under Section 8 and guaranteed withdrawals under the Target Guaranteed Withdrawal Rider, may continue to be made.

  • If a Termination Disbursement is made, then this Agreement will end with no further value.

  • You or another authorized Plan representative must give Us written instructions regarding the Termination Disbursement.

  • On the Termination Disbursement Date, We will disburse, or begin to disburse all assets held under this Agreement.

  • Any amounts (other than earnings on investments) released from the Series 2007-1 Cash Collateral Account in accordance with Section 4.17(d) of the Series 2007-1 Supplement shall be paid to the Series 2007-1 Letter of Credit Provider to the extent the Series 2007-1 Letter of Credit Provider has not been fully reimbursed by the Lessees under clauses (a) and (c) above for LOC Credit Disbursements or a LOC Termination Disbursement.


More Definitions of Termination Disbursement

Termination Disbursement means an amount drawn under a Multi-Series Letter of Credit pursuant to a Certificate of TerminationDemand.
Termination Disbursement means an amount drawn under a Series 2020-2 Letter of Credit pursuant to a Certificate of Termination
Termination Disbursement means an amount drawn under a Series 2008-1 Letter of Credit pursuant to a Certificate of TerminationDemand.
Termination Disbursement means an amount drawn under a Series 2012-1 Letter of Credit pursuant to a Certificate of Termination Demand. “Transfer Supplement” is defined in Section 12.1(c).
Termination Disbursement means an amount drawn under a Series 2010-2 Letter of Credit pursuant to a Certificate of Termination Demand. “Trustee” is defined in the recitals hereto.
Termination Disbursement means an amount drawn under a Series 2006-2 Letter of Credit pursuant to a Certificate of TerminationDemand.
Termination Disbursement means an amount drawn under a Series 2012-1 Letter of Credit pursuant to a Certificate of TerminationDemand.