Common use of Disbursement of the Loan Clause in Contracts

Disbursement of the Loan. ● Disbursements will be made by and at the discretion of SBA Counsel, in accordance with this Loan Authorization and Agreement and the general requirements of SBA. ● Disbursements may be made in increments as needed. ● Other conditions may be imposed by SBA pursuant to general requirements of SBA. ● Disbursement may be withheld if, in SBA's sole discretion, there has been an adverse change in Borrower's financial condition or in any other material fact represented in the Loan application, or if Borrower fails to meet any of the terms or conditions of this Loan Authorization and Agreement.

Appears in 3 contracts

Samples: Loan Authorization and Agreement (Blue Dolphin Energy Co), Loan Authorization and Agreement (Blue Dolphin Energy Co), Loan Authorization and Agreement (CFN Enterprises Inc.)

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Disbursement of the Loan. ● Disbursements will be made by and at the discretion of SBA Counsel, in accordance with this Loan Authorization and Agreement and the general requirements of SBA. ● Disbursements may be made in increments as needed. ● Other conditions may be imposed by SBA pursuant to general requirements of SBA. ● Disbursement may be withheld if, in SBA's ’s sole discretion, there has been an adverse change in Borrower's ’s financial condition or in any other material fact represented in the Loan application, or if Borrower fails to meet any of the terms or conditions of this Loan Authorization and Agreement.

Appears in 1 contract

Samples: Loan Agreement (American Picture House Corp)

Disbursement of the Loan. ● Disbursements will be made by and at the discretion of SBA Counsel, in accordance with this Loan Authorization and Agreement and the general requirements of SBA. ● Disbursements may be made in increments as needed. ● Other conditions may be imposed by SBA pursuant to general requirements of SBA. ● Disbursement may be withheld if, in SBA's ’s sole discretion, there has been an adverse change in Borrower's ’s financial condition or in any other material fact represented in the Loan application, or if Borrower fails to meet any of the terms or conditions of this Loan Authorization and Agreement.. SBA Form 1391 (5-00) Ref 50 30 SBA Loan #0000000000 Application #3306649043

Appears in 1 contract

Samples: Loan Authorization and Agreement (DecisionPoint Systems, Inc.)

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Disbursement of the Loan. A. Disbursements will be made by and at the discretion of SBA Counsel, in accordance with this Loan Authorization and Agreement and the general requirements of SBA. ● , B. Disbursements may be made in increments as needed. ● . C. Other conditions may be imposed by SBA pursuant to general requirements of SBA. ● . D. Disbursement may be withheld if, in SBA's ’s sole discretion, there has been an adverse change in Borrower's ’s financial condition or in any other material fact represented in the Loan application, application or if Borrower fails to meet any of the terms or conditions of this Loan Authorization and Agreement.

Appears in 1 contract

Samples: Loan Authorization and Agreement (Propell Corporation.)

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