Definicija Disbursement Notice

Disbursement Notice means a notice from the Bank to the Borrower pursuant to and in accordance with Article 1.02C. “Disbursement Request” means a notice substantially in the form set out in Schedule C1. “Disruption Event” means either or both of:
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Disbursement Notice has the meaning specified under Sub-clause 4.3(b).
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Disbursement Notice means a notice from the Bank to the Borrower pursuant to and in accordance with Article 1.2.C.
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Examples of Disbursement Notice in a sentence

  • All the amounts due by the Borrower under this Agreement are payable in the Currency of each Tranche to the CEB’s account indicated in the applicable Disbursement Notice.

  • For the calculation of the sums available to be disbursed in currencies other than EUR, and to determine their equivalent in EUR, the Bank shall apply the rate published by the European Central Bank in Frankfurt, available on or shortly before submission of the Disbursement Notice as the Bank shall decide.

  • Each Disbursement Notice shall be delivered at least two (2) Business Days before the proposed Disbursement Date.

  • A Disbursement Notice matching the elements included in a Disbursement Request shall constitute an irrevocable and unconditional commitment on the part of the Borrower to borrow from the CEB and on the part of the CEB to disburse to the Borrower the Tranche under the terms and conditions specified in the Disbursement Notice.

  • The Borrower shall pay interest on the principal of each Tranche from time to time outstanding during each Interest Period at the Fixed Interest Rate/Floating Interest Rate specified in the applicable Disbursement Notice.

  • On any Principal Repayment Date, the Borrower shall repay the principal of each Tranche due on that Principal Repayment Date in accordance with the terms set forth in the applicable Disbursement Notice.

  • Interest shall (i) accrue from and including the first day of the Interest Period to but excluding the last day of such Interest Period; and (ii) be due and payable on the Interest Payment Dates specified in the applicable Disbursement Notice.

  • Interest shall be calculated on the basis of the Day Count Convention specified in the relevant Disbursement Notice.

  • Notwithstanding the above, if the CEB has not delivered a Disbursement Notice within ten (10) Business Days following the receipt of a Disbursement Request, the relevant Disbursement Request shall be deemed as cancelled.

  • Yours faithfully, For and on behalf of Borrower Date: If an Interest Revision/Conversion Date has been included in the Disbursement Notice for a Tranche, the following provisions shall apply.