Common use of Disbursement of the Loan to third party Clause in Contracts

Disbursement of the Loan to third party. The payment by the Agent under Clause 4.6 shall constitute the making of the Loan and 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.

Disbursement of the Loan to third party. The A payment by the Agent under Clause 4.6 (Disbursement of the Loan) above shall constitute the making available of the Loan and the Borrowers shall at that time thereupon become indebted, as principal and direct obligors, to each Lender in an amount equal to that Lender's ’s Contribution.

Disbursement of the Loan to third party. The payment by the Agent under Clause 4.6 shall constitute the making advance of the Loan and the Borrowers Borrower shall at that time thereupon become indebted, as principal and direct obligorsobligor, to each Lender in an amount equal to that LenderXxxxxx's ContributionContribution in the Loan.

Disbursement of the Loan to third party. The payment by the Agent under Clause 4.6 to the account of a third party designated by the Borrower in the Borrowing Request shall constitute the making of the Loan and the Borrowers Borrower shall at that time become indebted, as principal and direct obligorsobligor, to each Lender in an amount equal to that Lender's ’s Contribution.

Disbursement of the Loan to third party. The A payment by the Facility Agent under Clause 4.6 5.6 (Payment to third parties) to a person other than the Borrower (as specified by the Borrower) shall constitute the making of the Loan and the Borrowers Borrower shall at that time become indebted, as principal and direct obligorsobligor, to each Lender in an amount equal to that Lender's Contributionparticipation in the Loan.