Disbursement Date Clause Samples
The Disbursement Date clause defines the specific date on which funds are to be released or paid out under an agreement. In practice, this clause sets a clear timeline for when the lender or paying party must transfer the agreed-upon amount to the recipient, often contingent on the fulfillment of certain conditions or documentation. By establishing a precise date for payment, this clause ensures predictability and coordination between parties, helping to prevent disputes or confusion regarding when financial obligations are to be met.
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Disbursement Date. The Loan will be disbursed to the Borrower’s bank account provided by the Borrower via Platform after the Borrower signing the Loan Agreement (the exact date will be indicated in the Appendix I to this Agreement).
Disbursement Date. August ___, 2004 --------------------------------------------------------------------------------
Disbursement Date. The Construction Allowance must be fully disbursed within sixty (60) days following completion of the Tenant Improvements. If there remains any unused portion of the Construction Allowance after payment of all Construction Costs pursuant to this Exhibit, then Tenant may instruct Landlord to apply said unused portion of the Construction Allowance as a credit against Base Rent.
Disbursement Date. 1.1 [IF THE DISBURSEMENT REQUISITION IS FOR SENIOR O&M COSTS ONLY, INSERT: THE DISBURSEMENT DATE IS [LAST BANKING DAY OF EACH MONTH].] [IF THE DISBURSEMENT REQUISITION INCLUDES PAYMENT OF SUBORDINATED O&M COSTS, INSERT: [THE DISBURSEMENT DATE IS THE LAST DAY OF A CALENDAR QUARTER].]
Disbursement Date. The Disbursement Date is the date on which Lender first disburses an Advance to or for the account of Borrower.
Disbursement Date. The date on which my disbursement is loaded to the servicing system and interest begins accruing.
Disbursement Date. The Loan will be disbursed on the Loan Agreement signing date (the ‘Disbursement Date’).
Disbursement Date. The actual Direct Funding Disbursement Date for any Disbursement Milestone may occur after the Milestone Completion Longstop Date for such Disbursement Milestone.
Disbursement Date. December ____, 2004 --------------------------------------------------------------------------------
Disbursement Date. The date of a disbursement of Loan proceeds pursuant to a Draw Request, it being contemplated by this Agreement that there will one (1) Disbursement Date per month.