AGREEMENT BETWEEN THE LENDERS. 13.1 a) The Agent, for the account of the Lenders, shall disburse all loans and advances to the Obligors and shall handle all collections of Collateral and repayment of Obligations. It is understood that for purposes of advances to the Obligors and for purposes of this Section 13 the Agent is using the funds of the Agent.
Appears in 2 contracts
Samples: Financing Agreement (Lone Star Technologies Inc), Financing Agreement (Lone Star Technologies Inc)
AGREEMENT BETWEEN THE LENDERS. 13.1 1. a) The Agent, for the account of the Lenders, shall disburse all loans and advances to the Obligors Companies and shall handle all collections of Collateral and repayment of Obligations. It is understood that for purposes of advances to the Obligors Companies and for purposes of this Section 13 12 the Agent is using the funds of the Agent.
Appears in 2 contracts
Samples: Financing Agreement (Rock of Ages Corp), Financing Agreement (United Retail Group Inc/De)
AGREEMENT BETWEEN THE LENDERS. 13.1 (a) The Agent, for the account of the Lenders, shall disburse all loans and advances to the Obligors Company and shall handle all collections of Collateral and repayment of Obligations. It is understood that for purposes of advances to the Obligors Company and for purposes of this Section 13 the Agent is using the funds of the Agent.
Appears in 1 contract
Samples: Financing Agreement (Viewsonic Corp)
AGREEMENT BETWEEN THE LENDERS. 13.1 12.1 a) The Agent, for the account of the Lenders, shall disburse all loans and advances to the Obligors Companies and shall handle all collections of Collateral and repayment of Obligations. It is understood that for purposes of advances to the Obligors Companies and for purposes of this Section 13 12 the Agent is using the funds of the Agent.
Appears in 1 contract
Samples: Financing Agreement (Twinlab Corp)
AGREEMENT BETWEEN THE LENDERS. 13.1 1. a) The Agent, for the account of the Lenders, shall disburse all loans and advances to the Obligors Company and shall handle all collections of Collateral and repayment of Obligations. It is understood that for purposes of advances to the Obligors Company and for purposes of this Section 13 11 the Agent is using the funds of the Agent.
Appears in 1 contract
Samples: Financing Agreement (Gart Sports Co)
AGREEMENT BETWEEN THE LENDERS. 13.1 a1. A) The Agent, for the account of the Lenders, shall disburse all loans and advances to the Obligors Company and shall handle all collections of Collateral and repayment of Obligations. It is understood that for purposes of advances to the Obligors Company and for purposes of this Section 13 the Agent is using the funds of the Agent.
Appears in 1 contract
AGREEMENT BETWEEN THE LENDERS. 13.1 1. a) The Agent, for the account of the Lenders, shall disburse all loans and advances to the Obligors Company and shall handle all collections collection of Collateral and repayment of Obligations. It is understood that for purposes of advances to the Obligors Company and for purposes of this Section 13 11 the Agent is using the funds of the Agent.
Appears in 1 contract