Common use of Disbursement of Loan Amount Clause in Contracts

Disbursement of Loan Amount. Xxxxxx hereby agrees to disburse and lend to Toolbox the principal sum of Thousand Dollars ($ ) (the “Loan Amount”). Lender shall deliver the Loan Amount to Toolbox as soon as reasonably practicable and in no event later than two (2) business days following the execution of this Agreement by check, wire transfer, electronic funds transfer, or through such other means as may be agreed upon by the Parties.

Disbursement of Loan Amount. Xxxxxx hereby agrees to disburse and lend to Toolbox ToolBox the principal sum of Thousand Dollars ($ ,000.00) (the “Loan Amount”). Lender shall deliver the Loan Amount to Toolbox ToolBox as soon as reasonably practicable and in no event later than two (2) business days following the execution of this Agreement by check, wire transfer, electronic funds transfer, or through such other means as may be agreed upon by the Parties.