Common use of Disbursement Authorization Clause in Contracts

Disbursement Authorization. Borrower hereby irrevocably authorizes Lender to disburse the proceeds of each Revolver Loan requested by Borrower, or deemed to be requested pursuant to Section 3.1.1, as follows: (i) the proceeds of each Revolver Loan requested under Section 3.1.1 (i) shall be disbursed by Lender in accordance with the terms of the written disbursement letter from Borrower in the case of the initial Borrowing, and, in the case of each subsequent Borrowing, by wire transfer to such bank account as may be agreed upon by Borrower and Lender from time to time in writing; and (ii) the proceeds of each Revolver Loan requested under Section 3.1.1 (ii) shall be disbursed by Lender by way of direct payment of the relevant interest or other Obligation. Any proceeds disbursed in payment of any of the Obligations shall be deemed to have been received by Borrower.

Disbursement Authorization. Each Borrower hereby irrevocably authorizes Lender to disburse the proceeds of each Revolver Loan requested by any Borrower, or deemed to be requested pursuant to Section 3.1.1SECTION 4.1.1, as follows: (i) the proceeds of each Revolver Loan requested under Section 3.1.1SECTION 4.1.1 (i) shall be disbursed by Lender in accordance with the terms of the written disbursement letter from Borrower Borrowers in the case of the initial Borrowing, and, in the case of each subsequent Borrowing, by wire transfer to such bank account as may be agreed upon by any Borrower and Lender from time to time in writingtime; and (ii) the proceeds of each Revolver Loan requested under Section SECTION 3.1.1 (a) (ii) shall be disbursed by Lender by way of direct payment of the relevant interest or other Obligation. Any Loan proceeds disbursed received by any Borrower or in payment of any of the Obligations shall be deemed to have been received by Borrowerall Borrowers.

Disbursement Authorization. Each Borrower hereby irrevocably authorizes Lender to disburse the proceeds of each Revolver Loan requested by any Borrower, or deemed to be requested pursuant to Section 3.1.14.1.1, as follows: (i) the proceeds of each Revolver Loan requested under Section 3.1.1 (i4.1.1(i) shall be disbursed by Lender in accordance with the terms of the written disbursement letter from Borrower Borrowers in the case of the initial Borrowing, and, in the case of each subsequent Borrowing, by wire transfer to such bank account of Borrowers as may be agreed upon directed by Borrower and Lender Borrowers from time to time in writingor elsewhere if pursuant to a written direction from any Borrower; and (ii) the proceeds of each Revolver Loan requested under Section 3.1.1 (ii4.1.1(ii) shall be disbursed by Lender by way of direct payment of the relevant interest or other Obligation. Any Loan proceeds disbursed received by any Borrower or in payment of any of the Obligations shall be deemed to have been received by Borrowerall Borrowers.

Disbursement Authorization. Borrower hereby irrevocably authorizes Lender Xxxxxx to disburse the proceeds of each Revolver Loan requested by BorrowerXxxxxxxx, or deemed to be requested pursuant to Section 3.1.1, 4.1.1 (i) as follows: (i) the proceeds of each Revolver Loan requested under Section 3.1.14.1.1 (i) (a) shall be disbursed by Lender Xxxxxx in accordance with the terms of the written disbursement letter from Borrower in the case of the initial Borrowing, and, in the case of each subsequent Borrowing, by wire transfer to such bank account as may be agreed upon by Borrower Xxxxxxxx and Lender from time to time in writingor elsewhere if pursuant to a written direction from Borrower; and (ii) the proceeds of each Revolver Loan requested under Section 3.1.1 (ii4.1.1(i)(b) or Section 4.1.1(i)(c) shall be disbursed by Lender by way of direct payment of the relevant interest or other Obligation. Any Loan proceeds disbursed received by Borrower or in payment of any of the Obligations shall be deemed to have been received by each Borrower.

Disbursement Authorization. Borrower hereby irrevocably authorizes Lender to disburse the proceeds of each Revolver Loan requested by Borrowerrequested, or deemed to be requested pursuant to Section 3.1.14.1.1, as follows: (i) the proceeds of each Revolver Loan requested under Section 3.1.1 (i4.1.1(i) shall be disbursed by Lender in immediately available funds, in the case of the initial borrowing, in accordance with the terms of the written disbursement letter from Borrower in the case of the initial BorrowingBorrower, and, and in the case of each subsequent Borrowingborrowing, by wire transfer to such bank account as may be agreed upon by Borrower and Lender from time to time in writingor elsewhere if pursuant to a written direction from Borrower; and (ii) the proceeds of each Revolver Loan requested under Section 3.1.1 (ii4.1.1(ii) shall be disbursed by Lender by way of direct payment of the relevant interest or other Obligation. Any proceeds disbursed in payment of any of the Obligations shall be deemed to have been received by Borrower.

Disbursement Authorization. Each Borrower hereby irrevocably authorizes Lender to disburse the proceeds of each Revolver Loan requested by any Borrower, or deemed to be requested pursuant to Section 3.1.1, as follows: (i) the proceeds of each Revolver Loan requested under Section 3.1.1 (i3.1.1(i) shall be disbursed by Lender in accordance with the terms of the written disbursement letter from Borrower Borrowers in the case of the initial Borrowing, and, in the case of each subsequent Borrowing, by wire transfer to such bank account as may be agreed upon by any Borrower and Lender from time to time in writingor elsewhere if pursuant to a written direction from a Borrower; and (ii) the proceeds of each Revolver Loan requested under Section 3.1.1 (ii3.1.1(ii) shall be disbursed by Lender by way of direct payment of the relevant interest or other Obligation. Any Revolver Loan proceeds disbursed received by any Borrower or in payment of any of the Obligations shall be deemed to have been received by Borrowerall Borrowers.

Disbursement Authorization. Borrower hereby irrevocably -------------------------- authorizes Lender to disburse the proceeds of each Revolver Loan requested by Borrowerrequested, or deemed to be requested pursuant to Section 3.1.14.1.1, as follows: (i) the proceeds of each Revolver Loan requested under Section 3.1.1 (i4.1.1(i) shall be disbursed by Lender in accordance with the terms of the written disbursement letter from Borrower in the case of the initial Borrowing, and, in the case of each subsequent Borrowing, by wire transfer to such bank account as may be agreed upon by Borrower and Lender from time to time in writingor elsewhere if pursuant to a written direction from Borrower; and (ii) the proceeds of each Revolver Loan requested under Section 3.1.1 (ii4.1.1(ii) shall be disbursed by Lender by way of direct payment of the relevant interest or other Obligation. Any proceeds disbursed in payment of any of the Obligations shall be deemed to have been received by Borrower.

Disbursement Authorization. Each Borrower hereby irrevocably authorizes Lender to disburse the proceeds of each Revolver Loan requested by any Borrower, or deemed to be requested pursuant to Section 3.1.1, as follows: (i) the proceeds of each Revolver Loan requested under Section 3.1.1 (i) shall be disbursed by Lender in accordance with the terms of the written disbursement letter from Borrower Borrowers in the case of the initial Borrowing, and, in the case of each subsequent Borrowing, by wire transfer to such bank account as may be agreed upon by Borrower and Lender from time to time in writingthe Funding Account; and (ii) the proceeds of each Revolver Loan requested under Section 3.1.1 (ii) shall be disbursed by Lender by way of direct payment of the relevant interest or other Obligation. APB shall have the authority and responsibility to transfer Loan proceeds deposited in the Funding Account to the other Borrowers according to their borrowing needs. Any Loan proceeds disbursed received by any Borrower or in payment of any of the Obligations shall be deemed to have been received by Borrowerall Borrowers.

Disbursement Authorization. Borrower hereby irrevocably authorizes Lender to disburse the proceeds of each Revolver Loan requested by Borrower, or deemed to be requested pursuant to Section 3.1.1, as follows: (i) the proceeds of each Revolver Loan requested under Section 3.1.1 (i3.1.1(i) shall be disbursed by Lender in accordance with the terms of the written disbursement letter from Borrower in the case of the initial Borrowing, and, in the case of each subsequent Borrowing, by wire transfer to such bank account as may be agreed upon by Borrower and Lender from time to time in writing; and (ii) the proceeds of each Revolver Loan requested under Section 3.1.1 (ii3.1.1(ii) shall be disbursed by Lender by way of direct payment of the relevant interest or other Obligation. Any proceeds disbursed in payment of any of the Obligations shall be deemed to have been received by Borrower.