Common use of Details of Disbursement Clause in Contracts

Details of Disbursement. The Lender shall disburse the Loan in one lumpsum or in suitable installments having regard to the needs of the Borrower. The decision of the Lender in this regard shall be final, conclusive and binding on the Borrower. The Borrower shall acknowledge the receipt, in the form required by the Lender, of each amount so disbursed.

Appears in 5 contracts

Samples: Mortgage Loan Agreement, Mortgage Loan Agreement, Car Loan Agreement

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Details of Disbursement. The Lender shall disburse the Loan in one lumpsum lump-sum or in suitable installments having regard to the needs of the Borrower. The decision of the Lender in this regard shall be final, conclusive and binding on the Borrower. The Borrower shall acknowledge the receipt, in the form required by the Lender, of each amount so disbursed.

Appears in 3 contracts

Samples: Loan Agreement, Loan Cum Hypothecation Agreement, Loan Agreement

Details of Disbursement. The Lender Bank shall disburse the Loan in one lumpsum lump sum or in suitable installments instalments having regard to the needs of the Borrower. The decision of the Lender Bank in this regard shall be final, conclusive and binding on the Borrower. The Borrower/ Co- Borrower shall acknowledge the receipt, in the form required by the LenderBank, of each amount so disbursed.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement

Details of Disbursement. The Lender shall shall, at its sole discretion, disburse the Loan in one lumpsum or in suitable installments having regard to the needs of the Borrower. The decision of the Lender in this regard shall be final, conclusive and binding on the Borrower. The Borrower shall acknowledge the receipt, in the form required by the Lender, of each amount so disbursed.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement

Details of Disbursement. The Lender shall at its sole discretion, disburse the Loan in one lumpsum or in suitable installments having regard to the needs of the Borrowerinstallments. The decision of the Lender in this regard shall be final, conclusive and binding on the Borrower. The Borrower shall acknowledge the receipt, in the form required by the Lender, of each amount so disbursed.

Appears in 1 contract

Samples: Car Loan Agreement

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Details of Disbursement. The Lender shall disburse the Loan in one lumpsum lump sum or in suitable installments having regard to the needs of the Borrower. The decision of the Lender in this regard shall be final, conclusive and binding on the Borrower. The Borrower shall acknowledge the receipt, in the form required by the Lender, of each amount so disbursed.

Appears in 1 contract

Samples: Vehicle Loan Agreement

Details of Disbursement. The Lender shall disburse the Loan in one lumpsum lump sum or in suitable installments tranches having regard to the needs of the Borrower. The decision of the Lender in this regard shall be final, conclusive and binding on the Borrower. The Borrower shall acknowledge the receipt, in the form required by the Lender, of each amount so disbursed.of

Appears in 1 contract

Samples: Loan Against Property Agreement

Details of Disbursement. The Lender shall at its sole discretion, disburse the Loan in one lumpsum lump-sum or in suitable installments having regard to the needs of the Borrower. The decision of the Lender in this regard shall be final, conclusive and binding on the Borrower. The Borrower shall acknowledge the receipt, in the form required by the Lender, of each amount so disbursed.

Appears in 1 contract

Samples: Loan Agreement

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