Common use of Disbursement and Use Clause in Contracts

Disbursement and Use. (a) The Borrower must fulfil each condition precedent set out in the Letter of Offer and any additional conditions precedent stated in Schedule 3, otherwise the Facility may be cancelled by the Bank.

Disbursement and Use. (a) The Borrower must fulfil fulfill each condition precedent set out in the Letter of Offer and any additional conditions precedent stated in Schedule 3, otherwise the Facility may be cancelled by the Bank.