Common use of Disbursement Instructions Clause in Contracts

Disbursement Instructions. The Agent shall have received ------------------------- disbursement instructions from the Borrower, indicating that a portion of the proceeds of the Loans are paid to satisfy the obligations described in (S)8.17.1.

Appears in 7 contracts

Samples: Revolving Credit and Term Loan Agreement (Mapics Inc), Revolving Credit and Term Loan Agreement (Mapics Inc), Revolving Credit (Mapics Inc)

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Disbursement Instructions. The Agent shall have received ------------------------- disbursement instructions from the Borrower, indicating that a portion of the proceeds of the Loans Term Loan, in an amount equal to the aggregate loan obligations of the Parent, the Borrower or any of their respective Subsidiaries to any existing lenders, are paid to satisfy the be disbursed to repay such obligations described in (S)8.17.1full.

Appears in 1 contract

Samples: Revolving Credit (Chart House Enterprises Inc)

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