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 available the relevant Advance to the Borrowers; and payment to the Borrowers shall be made to the account which the 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 available the relevant Advance or, as the case may be, Tranche A to the Borrowers; and payment to the Borrowers shall be made to the account which the Borrowers specify in the relevant Drawdown Notice.