Common use of Disbursement of Advance Clause in Contracts

Disbursement of Advance. Subject to the provisions of this Agreement, the Lender shall on each Drawdown Date make each Advance to the Borrower; and payment to the Borrower shall be made to the account which the Borrower specifies in the Drawdown Notice.

Disbursement of Advance. Subject to the provisions of this Agreement, the Lender shall on each Drawdown Date make each the relevant Advance to the BorrowerBorrowers; and payment to the Borrower Borrowers shall be made to the account which the Borrower specifies Borrowers specify in the relevant Drawdown Notice.

Disbursement of Advance. Subject to the provisions of this Agreement, the Lender shall on each Drawdown Date make each the relevant Advance to the Borrower; Borrower and that payment to the Borrower shall be made to the account of the Builder which the Borrower specifies in the Drawdown Notice.

Disbursement of Advance. Subject to the provisions of this Agreement, the Lender shall on each Drawdown Date make each the relevant Advance to the Borrower; and payment to the Borrower shall be made to the account or accounts which the Borrower specifies in the Drawdown Notice.

Disbursement of Advance. Subject to the provisions of this Agreement, the Lender shall on each the Drawdown Date make each Advance the Commitment available to the Borrower; Borrower and payment to the Borrower shall be made to the account which the Borrower specifies specify in the Drawdown Notice: The payment by the Lender under this Clause 4.44 ( Disbursement of Advance ) shall constitute the making of the Advance and the Borrower shall at that time become indebted, as principal and direct obligors, to the Lender.

Disbursement of Advance. Subject to the provisions of this Agreement, the Lender shall on each Drawdown Date make each the relevant Advance to the Borrower; and payment to the Borrower shall be made to the account of the Builder which the Borrower specifies in the Drawdown Notice.

Disbursement of Advance. Subject to the provisions of this Agreement, the Lender shall on each Drawdown Date make each the relevant Advance to the Borrower; Borrower and that payment to the Borrower shall be made to the account of the relevant Seller which the Borrower specifies in the Drawdown Notice.

Disbursement of Advance. Subject to the provisions of this Agreement, the Lender shall on each Drawdown Date make each the relevant Advance to the Borrower; and payment to the Borrower shall be made to the account of the relevant Seller which the Borrower specifies in the relevant Drawdown Notice.

Disbursement of Advance. Subject to the provisions of this Agreement, the Lender shall on each Drawdown Date make each the relevant Advance available to the BorrowerBorrowers; and payment to the Borrower Borrowers shall be made to the account of the Seller or, as the case may be, a Borrower which the Borrower specifies Borrowers specify in the relevant Drawdown Notice.

Disbursement of Advance. Subject to the provisions of this Agreement, the Lender shall on each Drawdown Date make each Advance pay to the BorrowerBorrowers the amount of the relevant Advance; and that payment to the Borrower Borrowers shall be made to the account which the Borrower specifies Borrowers specify in the Drawdown Notice.

Disbursement of Advance. Subject to the provisions of this Agreement, the Lender shall on each Drawdown Date make each the relevant Advance to the Borrower; Borrower and that payment to the Borrower shall be made to the account which the Borrower specifies in the Drawdown Notice.

Disbursement of Advance. Subject to the provisions of this Agreement, the Lender shall on each Drawdown Date make each the relevant Advance to the BorrowerBorrowers; and payment to the Borrower Borrowers shall be made to the account of the Time Charterer which the Borrower specifies Borrowers specify in the Drawdown Notice.