DISBURSEMENT AND SUB-LIMITS. 4.1 The Bank shall at its sole discretion disburse the Facilities, in accordance with the terms and conditions of this Agreement, including compliance of the provisions of this Clause 4 to such account as specified in the disbursement request. The Bank at the request of the Borrower make/allow disbursements/drawls under the facilities by issuance of BGs and/or LCs and/or other Facility Products.
Appears in 3 contracts
Samples: Working Capital Loan Agreement, Term Loan Agreement, www.axisbank.com
DISBURSEMENT AND SUB-LIMITS. 4.1 9.1 The Bank shall at its sole discretion disburse the Facilities, in accordance with the terms and conditions of this Agreement, including compliance of the provisions of this Clause 4 to such account as specified in the disbursement request. The Bank at the request of the Borrower make/allow disbursements/drawls under the facilities by issuance of BGs and/or LCs and/or other Facility Products.
Appears in 2 contracts
Samples: Working Capital Loan Agreement, Term Loan Agreement
