Disbursement Account definition
Disbursement Account shall have the meaning given to such term in Section 4.3 hereof.
Disbursement Account has the meaning ascribed to it in Section 1.1(e).
Disbursement Account means the account established by Buyer pursuant to which funds shall be disbursed to fund any Wet Loan.
Examples of Disbursement Account in a sentence
The Issuer agrees to deposit good and collected funds in USDC stablecoin with an escrow company or with a segregated Disbursement Account of the Issuer, such that the collected balance available for processing of payments by the Transfer Agent is sufficient to cover the amount of the interest and principal, or redemption price, to be paid.
Unclaimed funds shall remain in the escrow or segregated Disbursement Account until such time as they are claimed by the security-holder or their representative, or until the Issuer, subject to applicable law and regulation, provides further direction as to their disposition.
More Definitions of Disbursement Account
Disbursement Account shall have the meaning provided in Section 9.15(a).
Disbursement Account means, in respect of each Tranche, the bank account set out in the most recent List of Authorised Signatories and Accounts.
Disbursement Account means the deposit account in the name of the Borrower maintained at a bank in the United States designated by the Borrower to the Agent into which there shall be deposited proceeds of Loans and funds disbursed to the Borrower by the Agent.
Disbursement Account shall have the meaning assigned to it in Annex C.
Disbursement Account means account number 8800828975 maintained at SunTrust Bank, or as otherwise designated to the Administrative Agent by the Administrative Borrower.
Disbursement Account shall have the meaning ascribed to such term in the Custodial Agreement.
Disbursement Account means, in respect of each Tranche, the bank account to which disbursements may be made under this Contract, as set out in the most recent List of Authorised Signatories and Accounts.