Disbursement of Revolving Loans. The proceeds of Revolving Loans shall be transmitted by the Agent or Lenders, as the case may be, to the Disbursement Account.
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Samples: Credit Agreement (Metal Management Inc), Credit Agreement (Metal Management Inc), Credit Agreement (Metal Management Inc)
Disbursement of Revolving Loans. The proceeds of Revolving Loans shall be transmitted by the Agent or Lendersin the circumstances described in Section 3.5, as directly to the case may beIssuing Bank and in all other circumstances, to the applicable Borrower's Disbursement AccountAccount or as otherwise directed by the applicable Borrower in writing.
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Disbursement of Revolving Loans. The proceeds of Revolving Loans shall be transmitted by the Agent or Revolving Lenders, as the case may be, to the Disbursement Account.
Appears in 1 contract