Common use of Disbursement Request Clause in Contracts

Disbursement Request. Borrower shall have submitted to the Committee a written request for disbursement (“Disbursement Request”) in form and substance as set forth on Exhibit F, attached hereto and incorporated herein by this reference. Disbursement Requests shall be made by the persons listed in Exhibit F, who have been authorized by Borrower to request such disbursements until such time as written notice of Borrower's revocation of such authority is received by the Committee and acknowledged. Disbursement Requests may include Eligible Costs previously funded by the Construction Lender.

Appears in 4 contracts

Sources: HCD Backfill Loan Agreement, HCD Backfill Loan Agreement, Loan Agreement

Disbursement Request. Borrower Grantee shall have submitted to the Committee a written request for disbursement (“Disbursement Request”) in form and substance as set forth on Exhibit F, attached hereto and incorporated herein by this reference. Disbursement Requests shall be made by the persons listed in Exhibit F, who have been authorized by Borrower Grantee to request such disbursements until such time as written notice of Borrower's or ▇▇▇▇▇▇▇’s revocation of such authority is received by the Committee and acknowledged. Disbursement Requests may include Eligible Costs previously funded by the Construction Lender.

Appears in 1 contract

Sources: Conditional Grant Agreement

Disbursement Request. Borrower Grantee shall have submitted to the Committee a written request for disbursement (“Disbursement Request”) in form and substance as set forth on Exhibit F, attached hereto and incorporated herein by this reference. Disbursement Requests shall be made by the persons listed in Exhibit F, who have been authorized by Borrower Grantee to request such disbursements until such time as written notice of Borrower's or Grantee’s revocation of such authority is received by the Committee and acknowledged. Disbursement Requests may include Eligible Costs previously funded by the Construction Lender.

Appears in 1 contract

Sources: Conditional Grant Agreement