Common use of Disbursement of Advance Clause in Contracts

Disbursement of Advance. Subject to the provisions of this Agreement, the Agent shall on each Drawdown Date pay to the Borrower the amounts which the Agent receives from the Lenders under Clause 4.5; and that payment to the Borrower shall be made: (a) to the account which the Borrower specifies in the relevant Drawdown Notice; and (b) in the like funds as the Agent received the payments from the Lenders.

Disbursement of Advance. Subject to the provisions of this Agreement, the Agent shall on each Drawdown Date pay to the Borrower Borrowers the amounts which the Agent receives from the Lenders under Clause 4.5; and that payment to the Borrower Borrowers shall be made: (a) to the account which the Borrower specifies Borrowers specify in the relevant Drawdown Notice; and (b) in the like funds as the Agent received the payments from the Lenders.

Disbursement of Advance. Subject to the provisions of this Agreement, the Agent shall on each the Drawdown Date pay to the Borrower the amounts which the Agent receives from the Lenders under Clause 4.5; 4.5 and that payment to the Borrower shall be made: (a) to the account which the Borrower specifies in the relevant Drawdown Notice; and (b) in the like funds as the Agent received the payments from the Lenders.

Disbursement of Advance. Subject to the provisions of this Agreement, the Agent shall on each Drawdown Date pay to the Borrower Borrowers the amounts which the Agent receives from the Lenders under Clause 4.5; and that payment to the Borrower Borrowers shall be made: (a) to the account which the Borrower specifies Borrowers specify in the relevant Drawdown Notice; and (b) in the like funds as the Agent received the payments from the Lenders.

Disbursement of Advance. Subject to the provisions of this Agreement, the Agent shall on each the Drawdown Date pay to the Borrower the amounts which the Agent receives from the Lenders under Clause 4.5; and that payment to the Borrower shall be made: (a) to the account which the Borrower specifies in the relevant Drawdown Notice; and (b) in the like funds as the Agent received the payments from the Lenders.

Disbursement of Advance. Subject to the provisions of this Agreement, the Agent shall on each Drawdown Date pay to the Borrower the amounts which the Agent receives from the Lenders under Clause 4.5; and that payment to the Borrower shall be made: (a) to the account which the Borrower specifies in the relevant Drawdown Notice; and (b) in the like funds as the Agent received the payments from the Lenders.

Disbursement of Advance. Subject to the provisions of this Agreement, the Facility Agent shall on each Drawdown Date pay to the Borrower the amounts which the Facility Agent receives from the Lenders under Clause 4.54.6; and that payment to the Borrower shall be made: (a) to the such account which the Borrower specifies in the relevant Drawdown Notice; and (b) in the like funds as the Facility Agent received the payments from the Lenders.

Disbursement of Advance. Subject to the provisions of this Agreement, the Agent shall on each the Drawdown Date pay to the Borrower Borrowers the amounts which the Agent receives from the Lenders under Clause 4.5; 4.5 and that payment to the Borrower Borrowers shall be made: (a) to the account which the Borrower specifies Borrowers specify in the relevant Drawdown Notice; and (b) in the like funds as the Agent received the payments from the Lenders.

Disbursement of Advance. Subject to the provisions of this Agreement, the Agent shall on each the Drawdown Date pay to the Borrower Borrowers the amounts which the Agent receives from the Lenders under Clause 4.5; and that payment to the Borrower Borrowers shall be made: (a) to the account which the Borrower specifies Borrowers specify in the relevant Drawdown Notice; and (b) in the like funds as the Agent received the payments from the Lenders.

Disbursement of Advance. Subject to the provisions of this Agreement, the Agent shall on each Drawdown Date pay to the Borrower Borrowers the amounts which the Agent receives from the Lenders under Clause 4.5; and that payment to the Borrower Borrowers shall be made: (a) to the account which the Borrower Borrowers specifies in the relevant Drawdown Notice; and (b) in the like funds as the Agent received the payments from the Lenders.

Disbursement of Advance. Subject to the provisions of this Agreement, the Agent shall on each the Drawdown Date pay to the Borrower the amounts which the Agent receives from the Lenders under Clause 4.5; , the Borrower shall at that time become indebted, as principal and direct obligor, to each Lender in an amount equal to that Lender’s Contribution and that payment to the Borrower shall be made: (a) to the account which the Borrower specifies in the relevant Drawdown Notice; and (b) in the like funds as the Agent received the payments from the Lenders.

Disbursement of Advance. Subject to the provisions of this Agreement, the Agent shall on each the Drawdown Date pay to the Borrower Borrowers the amounts which the Agent receives from the Lenders under Clause 4.5; 4.5 and that payment to the Borrower Borrowers shall be made: (a) to the account which the Borrower Borrowers specifies in the relevant Drawdown Notice; and (b) in the like funds as the Agent received the payments from the Lenders.

Disbursement of Advance. Subject to the provisions of this Agreement, the Agent shall on each Drawdown Date pay to the Borrower the amounts which the Agent receives from the Lenders under Clause 4.5; and that payment to the Borrower shall be made: (a) to the such account which the Borrower specifies in the relevant Drawdown Notice; and (b) in the like funds as the Agent received the payments from the Lenders.

Disbursement of Advance. Subject to the provisions of this Agreement, the Facility Agent shall on each Drawdown Date pay to the Borrower relevant Borrowers the relevant Advance for the purposes specified in the Drawdown Notice relative to such Advance the amounts which the Facility Agent receives from the Lenders under Clause 4.54.6; and that payment to the Borrower such Borrowers shall be made: (a) to the such account which the Borrower specifies Borrowers specify in the relevant Drawdown Notice; and (b) in the like funds as the Facility Agent received the payments from the Lenders.

Disbursement of Advance. Subject to the provisions of this Agreement, the Agent shall on each Drawdown Date pay to the Borrower the amounts which the Agent receives from the Lenders under Clause 4.5; and that payment to the Borrower shall be made: (a) to the account of the Builder which the Borrower specifies in the relevant Drawdown Notice; and (b) in the like funds as the Agent received the payments from the Lenders.

Disbursement of Advance. Subject to the provisions of this Agreement, the Agent shall on each Drawdown Date pay to the Borrower the amounts which the Agent receives from the Lenders under Clause 4.54.4; and that payment to the Borrower shall be made: (a) to the account of the Builder which the Borrower specifies in the relevant Drawdown Notice; and (b) in the like funds as the Agent received the payments from the Lenders.

Disbursement of Advance. Subject to the provisions of this Agreement, the Agent shall on each the relevant Drawdown Date pay to the Borrower the amounts which the Agent receives from the Lenders under Clause 4.5; 4.5 and that payment to the Borrower shall be made: (a) to the account account(s) which the Borrower specifies in the relevant Drawdown Notice; and (b) in the like funds as the Agent received the payments from the Lenders.

Disbursement of Advance. Subject to the provisions of this Agreement, the Agent shall on each Drawdown Date pay to the Borrower the amounts which the Agent receives from the Lenders under Clause 4.5; and that payment to the Borrower shall be made: (a) to the account Earnings Account which the Borrower specifies in the relevant Drawdown Notice; and (b) in the like funds as the Agent received the payments from the Lenders.

Disbursement of Advance. Subject to the provisions of this Agreement, the Agent shall on each the Drawdown Date pay to the Borrower Borrowers the amounts which the Agent receives from the Lenders under Clause 4.5; , the Borrowers shall at that time become indebted, as principal and direct obligors, to each Lender in an amount equal to that Lender’s Contribution and that payment to the Borrower Borrowers shall be made: (a) to the account which the Borrower specifies Borrowers specify in the relevant Drawdown Notice; and (b) in the like funds as the Agent received the payments from the Lenders.

Disbursement of Advance. Subject to the provisions of this Agreement, the Agent shall on each Drawdown Date pay to the Borrower Borrowers for on-payment to the relevant Collateral; Guarantor the amounts which the Agent receives from the Lenders under Clause 4.5; and that payment to the Borrower Borrowers shall be made: (a) to the account which the Borrower specifies Borrowers specify in the relevant Drawdown Notice; and (b) in the like funds as the Agent received the payments from the Lenders.

Disbursement of Advance. Subject to the provisions of this Agreement, the Agent shall on each Drawdown Date pay to the Borrower for on-payment to the relevant Collateral; Guarantor the amounts which the Agent receives from the Lenders under Clause 4.5; and that payment to the Borrower shall be made: (a) to the account which the Borrower specifies specify in the relevant Drawdown Notice; and (b) in the like funds as the Agent received the payments from the Lenders.

Disbursement of Advance. Subject to the provisions of this Agreement, the Agent shall shall, on and with value on each Drawdown Date Date, pay to the Borrower the amounts which the Agent receives from the Lenders under Clause 4.5; 4.6 and that payment to the Borrower shall be made: (a) made to the account of the Builder which the Borrower specifies in the relevant Drawdown Notice; and (b) in the like funds as the Agent received the payments from the Lenders.

Disbursement of Advance. Subject to the provisions of this Agreement, the Agent shall on each Drawdown Date pay to the Borrower the amounts which the Agent receives from the Lenders under Clause 4.5; and that payment to the Borrower shall be made: (a) to the account of the Builder on behalf of the relevant Owner which the Borrower specifies in the Drawdown Notice subject to such payment being held to the order of the Agent for release upon actual delivery of the relevant Drawdown NoticeShip; and (b) in the like funds as the Agent received the payments from the Lenders.

Disbursement of Advance. Subject to the provisions of this Agreement, the Agent shall on each the Drawdown Date pay to the Borrower Borrowers the amounts which the Agent receives from the Lenders under Clause 4.5; 4.5 and that payment to the Borrower Borrowers shall be made: (a) to the account of the Builder which the Borrower specifies Borrowers specify in the relevant Drawdown Notice; and (b) in the like funds as the Agent received the payments from the Lenders.

Disbursement of Advance. Subject to the provisions of this Agreement, the Agent shall shall, on and with value on each Drawdown Date Date, pay to the Borrower the amounts which the Agent receives from the Lenders under Clause 4.5; 4.6 and that payment to the Borrower shall be made: (a) made to the account of the Builder which the Borrower specifies in the relevant Drawdown Notice; and (b) in the like funds as the Agent received the payments from the Lenders.

Disbursement of Advance. Subject to the provisions of this Agreement, the Agent shall on each Drawdown Date pay to the Borrower Borrowers the amounts which the Agent receives from the Lenders under Clause 4.5; and that payment to the Borrower Borrowers shall be made: (a) to the account of the Builder which the Borrower specifies Borrowers specify in the relevant Drawdown Notice; and (b) in the like funds as the Agent received the payments from the Lenders.

Disbursement of Advance. Subject to the provisions of this Agreement, the Agent shall on each the Drawdown Date pay to the Borrower Borrowers the amounts which the Agent receives from the Lenders under Clause 4.5; and that payment to the Borrower Borrowers shall be made: (a) to the account which the Borrower specifies in the relevant Drawdown Notice; and (b) in the like funds as the Agent received the payments from the Lenders.

Disbursement of Advance. Subject to the provisions of this Agreement, the Agent shall on each the Drawdown Date pay to in accordance with the Borrower provisions of Clause 9.3 the amounts which the Agent receives from the Lenders under Clause 4.5; and that payment to , the Relevant Borrower shall be made: (a) at that time become indebted, as principal and direct obligor, to the account which the Borrower specifies in the relevant Drawdown Notice; and (b) in the like funds as the Agent received the payments from the Lenders.each

Disbursement of Advance. Subject to the provisions of this Agreement, the Agent shall on each Drawdown Date pay make available to the Borrower Borrowers the amounts which the Agent receives from the Lenders under Clause 4.54.5 (Lenders to make available Contributions); and that payment to the Borrower Borrowers shall be made: (a) to the account which the Borrower specifies Borrowers specify in the relevant Drawdown Notice; and (b) in the like funds as the Agent received the payments from the Lenders.