Disbursement Account. The Borrower and the Security Agent have established with the Securities Intermediary an account entitled the “Stetson Disbursement Account” (account number 0000000) (the “Disbursement Account”). All proceeds of the Term Loans and Bridge Loans shall be deposited in the Disbursement Account and shall be applied in accordance with Section 7.1 of the Financing Agreement and the Notice of Borrowing.
Appears in 4 contracts
Samples: Financing Agreement (First Wind Holdings Inc.), Financing Agreement (First Wind Holdings Inc.), Financing Agreement (First Wind Holdings Inc.)