Advances to Satisfy Obligations of Borrower. Bank may, but shall not be obligated to, make advances hereunder and apply same to the satisfaction of any condition, warranty, representation or covenant of Borrower contained in this Agreement, and the funds so advanced and applied shall be part of the Loan proceeds advanced under this Agreement and evidenced by the Note.
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Samples: Loan Agreement (Carrizo Oil & Gas Inc), Loan Agreement (Carrizo Oil & Gas Inc), Revolving Credit Agreement (Midland Resources Inc /Tx/)
Advances to Satisfy Obligations of Borrower. Bank may, but shall not be obligated to, make advances hereunder and apply same to the satisfaction of any condition, warranty, representation or covenant of Borrower contained in this Agreement, Agreement and/or the Guaranty and the funds so advanced and applied shall be part of the Loan proceeds advanced under this Agreement and evidenced by the Note.Agreement
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