Common use of Applicable for Wire Transfer Clause in Contracts

Applicable for Wire Transfer. Administrative Agent is hereby authorized to accept wire transfer instructions for the Subsequent Loan Disbursement from (i.e. specify title/escrow company), which instructions are to be delivered, via fax, email, or letter, to Administrative Agent. Said instructions shall include the Borrower’s Name; Title/Escrow # and/or Loan # ; the person/entity to receive the Subsequent Loan Disbursement (“Receiving Party”); the Receiving Party’s full account name; Receiving Party’s account number at the receiving bank (“Receiving Bank”); Receiving Bank’s (ABA) routing number; city and state of the Receiving Bank; and the amount of the Subsequent Loan Disbursement (not to exceed the Maximum Subsequent Loan Disbursement Amount set forth above).

Applicable for Wire Transfer. Administrative Agent is hereby authorized to accept wire transfer instructions for the Subsequent Initial Loan Disbursement from (i.e. specify title/escrow company), which instructions are to be delivered, via fax, email, or letter, to Administrative Agent. Said instructions shall include the Borrower’s Name; Title/Escrow # and/or Loan # ; the person/entity to receive the Subsequent Initial Loan Disbursement (“Receiving Party”); the Receiving Party’s full account name; Receiving Party’s account number at the receiving bank (“Receiving Bank”); Receiving Bank’s (ABA) routing number; city and state of the Receiving Bank; and the amount of the Subsequent Initial Loan Disbursement (not to exceed the Maximum Subsequent Initial Loan Disbursement Amount set forth above).