Disbursements; Funding Reliance; Domicile of Loans. (a) The Borrower hereby authorizes the Administrative Agent to disburse the proceeds of each Borrowing in accordance with the terms of any Notice of Borrowing or other written instructions from any Responsible Officer of the Borrower.
Appears in 2 contracts
Samples: Credit Agreement, Credit Agreement (Metaldyne Performance Group Inc.)
Disbursements; Funding Reliance; Domicile of Loans. (a) The Borrower hereby authorizes the Administrative Agent to disburse the proceeds of each Borrowing in accordance with the terms of any Notice of Borrowing or other written instructions from any Responsible Authorized Officer of the Borrower.; provided that the Administrative Agent shall not be obligated under any circumstances to forward amounts to any account not listed in an Account
Appears in 1 contract
Disbursements; Funding Reliance; Domicile of Loans. (a) The Each Borrower hereby authorizes the Administrative Agent to disburse the proceeds of each Borrowing it makes in accordance with the terms of any Notice of Borrowing or other written instructions from any Responsible Authorized Officer of such Borrower; provided that the BorrowerAdministrative Agent shall not be obligated under any circumstances to forward amounts to any account not listed in an Account Designation Letter.
Appears in 1 contract
Disbursements; Funding Reliance; Domicile of Loans. (a) The Each Borrower hereby authorizes the Administrative Agent to disburse the proceeds of each Borrowing it makes in accordance with the terms of any Notice of Borrowing or other written instructions from any Responsible Authorized Officer of such Borrower, provided that the BorrowerAdministrative Agent shall not be obligated under any circumstances to forward amounts to any account not listed in an Account Designation Letter.
Appears in 1 contract
Samples: Credit Agreement (Unum Group)