Undisbursed Funds definition

Undisbursed Funds means the Total Funds less any amounts already paid to the Recipient under this Funding Agreement. Unused Proportion the proportion that the sum of the unused Recipient Contributions and Other Contributions represents when compared to the total Recipient Contributions and Other Contributions. Update Period the period of six months commencing on the Commencement Date and each six month period thereafter occurring partly or wholly during the Term. Visitors has the meaning given in clause 15.1(q)(1). Warranty a representation and warranty in clause 13. WHS Laws all applicable Law relating to work health and safety and electrical safety, and includes (without limitation): 1 Work Health and Safety Xxx 0000 (Cth); 2 Work Health and Safety Regulations 2011 (Cth); and 3 Work Health and Safety Xxx 0000 (NSW) and associated regulations, as enacted or amended from time to time.
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Undisbursed Funds means the Total Funds less any amounts already paid to the Recipient under this Funding Agreement. Unused Proportion the proportion that the sum of the unused Recipient Contributions and Other Contributions represents when compared to the total Recipient Contributions and Other Contributions. Update Period the period of six months commencing on the Commencement Date and each six month period thereafter occurring partly or wholly during the Term.
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Undisbursed Funds means the Total Funds specified in item 2.1 of Schedule 1 less any amounts already paid to the Recipient under this agreement. Update Period the period of six months commencing on the Commencement Date and each six month period thereafter occurring partly or wholly during the Term. Visitors has the meaning given to that term in clause 14.1(p)(1). Warranty a representation and warranty in clause 12. WHS Law all applicable Law relating to work health and safety and electrical safety, and includes: 1 Work Health and Safety Act 2011 (Cth); 2 Work Health and Safety Regulations 2011 (Cth); and 3 Work Health and Safety Act 2011 (NSW) and associated regulations, as enacted or amended from time to time. For information only
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Examples of Undisbursed Funds in a sentence

  • The Department may, in its sole discretion, pay the Recipient some or all of the Undisbursed Funds before the time otherwise specified for payment in this clause 5.

  • Please disburse the loan proceeds as follows: Amount paid to Borrower directly: $______ Undisbursed Funds $______ Principal $______ CHARGES PAID IN CASH.

  • The Department may, in its sole discretion, pay to the Recipient or deposit into the Bank Account or Segregated Bank Account some or all of the Undisbursed Funds before the time otherwise specified for payment in this clause 6.

  • The Departments may, in their sole discretion, pay to the Recipient or deposit into the Bank Account or Segregated Bank Account some or all of the Undisbursed Funds before the time otherwise specified for payment in this clause 6.


More Definitions of Undisbursed Funds

Undisbursed Funds. $ 1,000,000.00 Amount paid to others on Borrower’s behalf: $1,000,000.00 to Sub-limit (Standby Letter of Credit) $ 1,000,000.00 Note Principal: $ 2,000,000.00 CHARGES PAID IN CASH. Borrower has paid or will pay in cash as agreed the following charges: Prepaid Finance Charges Paid in Cash: $3,750.00 LOAN FEE ($1,250.00 has been collected) $ 3,750.00 Other Charges Paid in Cash: $50.00 UCC MONITORING FEE $ 50.00 Total Charges Paid in Cash: $ 3,800.00
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Undisbursed Funds. $1,000,000.00 Amount paid on Borrower's account: 0.00 ---------------------- Note Principal: $1,000,000.00 CHARGES PAID IN CASH. Borrower has paid or will pay in cash as agreed the following charges: Prepaid Finance Charges Paid in Cash: $1,500.00 $1,500.00 Loan Fees ----------------- Total Charges Paid in Cash: $1,500.00 FINANCIAL CONDITION. BY SIGNING THIS AUTHORIZED, BORROWER REPRESENTS AND WARRANTS TO LENDER THAT THE INFORMATION PROVIDED ABOVE IS TRUE AND CORRECT AND THAT THERE HAS BEEN NO MATERIAL ADVERSE CHANGE IN BORROWER'S FINANCIAL CONDITION AS DISCLOSED IN BORROWER'S MOST RECENT FINANCIAL STATEMENT TO LENDER. THIS AUTHORIZATION IS DATED JULY 18, 1996. BORROWER: ASPEC TECHNOLOGY, INC. By: \c\ Jai X. Xxxx --------------------------------------- JAI X. XXXX, XXIEF FINANCIAL OFFICER CERTIFIED TO AND ATTESTED BY: X \c\ Jai X. Xxxx ----------------------------------
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Undisbursed Funds. $100,000.00 Note Principal: $100,000.00 CHARGES PAID IN CASH. Borrower has paid or will pay in cash as agreed the following charges: Prepaid Finance Charges Paid in Cash: $0.00 Other Charges Paid in Cash: $500.00 $500.00 LOAN FEES ________________ Total Charges Paid in Cash: $500.00 AUTOMATIC PAYMENTS. Borrower hereby authorizes Lender automatically to deduct from Borrower's account numbered 10402011343 the amount of any loan payment. If the funds in the account are insufficient to cover any payment, Lender shall not be obligated to advance the funds to cover the payment. At any time and for any reason, Borrower or Lender may voluntarily terminate Automatic Payments.
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Undisbursed Funds. $4,596,189.85 Amount paid to others on Xxxxxxxx's behalf: $1,403,810.15 $1,403,810.15 Renewal of Loan No. 4295542-273 Other Charges Financed: $0.00 ------------- Note Principal: $6,000,000.00 CHARGES PAID IN CASH. Xxxxxxxx has paid or will pay in cash as agreed the following charges: Prepaid Finance Charges Paid in Cash: $0.00 Other Charges Paid in Cash: $10,175.00 $10,000.00 Loan Origination Fee $175.00 Closing Agent Fee ------------- Total Charges Paid in Cash: $10,175.00 AUTHORIZATION TO DEBIT ACCOUNT FOR CLOSING COSTS. An exhibit, titled "AUTHORIZATION TO DEBIT ACCOUNT FOR CLOSING COSTS," is attached to this Authorization and by this reference is made a part of this Authorization just as if all the provisions, terms and conditions of the Exhibit had been fully set forth in this Authorization.
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Undisbursed Funds. $1,253,000.00 Amount paid on Borrower's account: $1,747,000.00 $1,747,000.00 Payment on Loan # (Renew)0108143855 ------------- Note Principal: $3,000,000.00 CHARGES PAID IN CASH. Borrower has paid or will pay in cash as agreed the following charges: Prepaid Finance Charges Paid in Cash: $11,875.00 $11,875.00 Loan Fees ------------- Total Charges Paid in Cash: $11,875.00 AUTOMATIC PAYMENTS. Borrower hereby authorizes Lender automatically to deduct from Borrower's account numbered 0108143801 the amount of any loan payment. If the funds in the account are insufficient to cover any payment, Lender shall not be obligated to advance funds to cover the payment. At any time and for any reason, Borrower or Lender may voluntarily terminate Automatic Payments.
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Undisbursed Funds. $1,979,850.00 Amount paid to others on Borrower"s behalf. $1,000,000.00 $1,000,000.00 RENEW LOAN #7057008-9003 Told Financed Prepaid Finance Charges: $ 20,150.00 $20,000-00 Loan Few $150.00 Documentation Fee ------------- Note Principal: $3,000,000.00 FINAL AGREEMENT. Borrower understands that the loan documents signed in connection with this loan are the final expression of the agreement between Lender and Borrower and may not be contradicted by evidence of any alleged oral agreement DISBURSEMENT AUTHORIZATION. BORROWER HEREBY AUTHORizES LENDER TO DISBURSE ANY FUNDS PURSUANT TO FACSIMILE WIRE INSTRUCTIONS WHICH BEAR THE SIGNATURE OF ANY AUTHORIZED SIGNER. ALLOCATION OF PROCEEDS. THE PROCEEDS OF THIS LOAN WILL BE USED TO RENEW AN OUTSTANDING REVOLVING LINE OF CREDIT. THE CURRENT OUTSTANDING BALANCE AND THE AMOUNT AVAILABLE ARE DESCRIBED ABOVE IN THE SECTION ENTITLED AMOUNT PAID TO OTHERS ON BORROWER'S BEHALF. FINANCIAL CONDITION. BY SIGNING THIS AUTHORIZATION, BORROWER REPRESENTS AND WARRANTS TO LENDER THAT THE INFORMATION PROVIDED ABOVE IS TRUE AND CORRECT AND THAT THERE HAS BEEN NO MATERIAL ADVERSE CHANGE IN BORROWER"S FINANCIAL CONDITION AS DISCLOSED IN BORROWER"S MOST RECENT FINANCIAL STATEMENT TO LENDER. THIS AUTHORIZATION IS DATED JANUARY 6, 1998. BORROWER: 1-800 CONTACTS, INC. By: /s/ Jonaxxxx X. Xxxx By: /s/ John X. Xxxxxxx -------------------------------- ---------------------------- JONAXXXX X. XXXX, XXESIDENT JOHN XXXXXXX, XXCE PRESENT
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Related to Undisbursed Funds

  • Disbursed Amount means, in respect of each Interest Period, the aggregate principal amount of the Loan withdrawn from the Loan Account in such Interest Period.

  • Letter of Credit Disbursement means a payment made by Issuing Lender or Underlying Issuer pursuant to a Letter of Credit.

  • Collected Funds means, with respect to any Collection Period, the amount of funds in the Collection Account representing collections on the Receivables during such Collection Period, including all Net Liquidation Proceeds collected during such Collection Period (but excluding any Purchase Amounts).

  • Good Funds means immediately available funds delivered by confirmed wire transfer to an account designated by the Closing Agent.

  • Unreimbursed Amount has the meaning specified in Section 2.03(c)(i).

  • Escrowed Funds Has the meaning, with respect to any Trust, specified in Section 2.02(b).

  • Controlled Disbursement Account means any account of the Borrowers maintained with the Administrative Agent as a zero balance, cash management account pursuant to and under any agreement between a Borrower and the Administrative Agent, as modified and amended from time to time, and through which all disbursements of a Borrower, any other Loan Party and any designated Subsidiary of a Borrower are made and settled on a daily basis with no uninvested balance remaining overnight.

  • Letter of Credit Liabilities means, at any time and in respect of all Letters of Credit, the sum of (a) the aggregate amount available to be drawn under all such Letters of Credit plus (b) the aggregate unpaid amount of all Reimbursement Obligations then due and payable in respect of previous drawings under such Letters of Credit.

  • 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).

  • Revolving Advances means Advances made other than Letters of Credit.

  • Committed Loans means loans made pursuant to Section 2.1(a).

  • Pooled Fund means any pooled fund established and maintained by the Partners as a pooled fund in accordance with the Regulations;

  • Swing Loan Commitment means PNC Bank’s commitment to make Swing Loans to the Borrower pursuant to Section 2.1.2 hereof in an aggregate principal amount up to $10,000,000.

  • Letter of Credit Liability means the sum of (x) aggregate amount of the undrawn stated amount of all outstanding Letters of Credit plus (y) the amount drawn under Letters of Credit for which the Letter of Credit Issuer and the Lenders, or any one or more of them, have not yet received payment or reimbursement (in the form of a conversion of such liability to Loans, or otherwise) as required pursuant to Section 2.8.

  • Syndicated Loans means Base Rate Loans or Euro-Dollar Loans made pursuant to the terms and conditions set forth in Section 2.01.

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • Pledged Funds means all of the Series Pledged Funds.

  • Letter of Credit Commitment Amount means, on any date, a maximum amount of $25,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Defaulting Lender Rate means (a) for the first 3 days from and after the date the relevant payment is due, the Base Rate, and (b) thereafter, the interest rate then applicable to Advances that are Base Rate Loans (inclusive of the Base Rate Margin applicable thereto).

  • Revolving Loan Commitment means, for each Bank, the amount set forth opposite such Bank's name in Schedule I directly below the column entitled "Revolving Loan Commitment," as same may be (x) reduced from time to time pursuant to Sections 3.02, 3.03 and/or 10 or (y) adjusted from time to time as a result of assignments to or from such Bank pursuant to Section 1.13 or 13.04(b).

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

  • Defaulting Lender means any Lender with respect to which a Lender Default is in effect.

  • Segregated funds means the amount of benefits that would