Common use of Disbursement of Advance Proceeds Clause in Contracts

Disbursement of Advance Proceeds. All Advances shall be disbursed from whichever office or other place Lender may designate from time to time and, together with any and all other Obligations of Borrower to Lender, shall be charged to Borrower's account on Lender's books. During the Term, except as otherwise provided in Section 4.21 hereof, Borrower may use the Revolving Advances by borrowing, prepaying and reborrowing, all in accordance with the terms and conditions hereof. The proceeds of each Revolving Advance requested by Borrower or deemed to have been requested by Borrower under Section 2.2 hereof shall, with respect to requested Revolving Advances to the extent Lender makes such Revolving Advances, be made available to Borrower on the day so requested by way of credit to Borrower's operating account at Lender, or such other bank as Borrower may designate following notification to Lender, in federal funds or other immediately available funds or, with respect to Revolving Advances deemed to have been requested, be disbursed to Lender to be applied to the outstanding Obligations giving rise to such deemed request.

Disbursement of Advance Proceeds. All Advances shall be disbursed from whichever office or other place the Lender may designate from time to time and, together with any and all other Obligations of Borrower Borrowers to Lender, shall be charged to Borrower's any account of the Borrowers on the Lender's books. During the Term, except as otherwise provided in Section 4.21 hereof, Borrower Borrowers may use the Revolving Advances by borrowing, prepaying repaying and reborrowing, all in accordance with the terms and conditions hereof. The proceeds of each Revolving Advance requested by Borrower the Borrowers or deemed to have been requested by Borrower the Borrowers under Section 2.2 2.4(c) hereof shall, with respect to requested Revolving Advances to the extent the Lender makes such Revolving Advances, subject to Section 2.3 hereof, be made available to Borrower the Borrowers on the day so requested by way of credit to Borrower's Industries' operating account at Lender, or such other bank as Borrower Industries may designate following notification to Lender, in immediately available federal funds or other immediately available funds or, with respect to Revolving Advances deemed to have been requested, be disbursed to the Lender to be applied to the in payment of outstanding Obligations giving rise to such deemed requestObligations.

Disbursement of Advance Proceeds. All Advances shall be disbursed from whichever office or other place the Lender may designate from time to time and, together with any and all other Obligations of the Borrower to Lender, shall be charged to Borrower's any account of the Borrower on the Lender's books. During the Term, except as otherwise provided in Section 4.21 hereof, the Borrower may use the Revolving Advances by borrowing, prepaying repaying and reborrowing, all in accordance with the terms and conditions hereof. The proceeds of each Revolving Advance requested by the Borrower or deemed to have been requested by the Borrower under Section 2.2 2.4(c) hereof shall, with respect to requested Revolving Advances to the extent the Lender makes such Revolving Advances, subject to Section 2.3 hereof, be made available to the Borrower on the day so requested by way of credit to Borrower's Industries' operating account at Lender, or such other bank as Borrower Industries may designate following notification to Lender, in immediately available federal funds or other immediately available funds or, with respect to Revolving Advances deemed to have been requested, be disbursed to the Lender to be applied to the in payment of outstanding Obligations giving rise to such deemed requestObligations.

Disbursement of Advance Proceeds. All Advances shall be disbursed from whichever office or other place Lender Agent may designate from time to time and, together with any and all other Obligations of Borrower to LenderAgent or Lenders, shall be charged to Borrower's account Account on LenderAgent's books. During the Term, except as otherwise provided in Section 4.21 hereof, Borrower may use the Revolving Advances by borrowing, prepaying and reborrowing, all in accordance with the terms and conditions hereof. The proceeds of each Revolving Advance requested by Borrower or deemed to have been requested by Borrower under Section 2.2 2.1(d) hereof shall, with respect to requested Revolving Advances to the extent Lender makes Lenders make such Revolving AdvancesAdvances subject to and in accordance with the provisions hereof, be made available to Borrower on the day so requested by way of credit to Borrower's such operating account at LenderPNC, or such other bank as Borrower may designate following notification to LenderAgent, in immediately available federal funds or other immediately available funds or, with respect to Revolving Advances deemed to have been requestedrequested by Borrower, be disbursed to Lender Agent to be applied to the outstanding Obligations giving rise to such deemed request.