Common use of Discretionary Disbursements Clause in Contracts

Discretionary Disbursements. Lender, in its sole and absolute discretion, may immediately upon notice to Borrower, disburse any or all proceeds of the Revolving Loans made or available to Borrower pursuant to this Agreement to pay any fees, costs, expenses or other amounts required to be paid by Borrower hereunder and not so paid. All monies so disbursed shall be a part of the Obligations, payable by Borrower on demand from Lender.

Appears in 29 contracts

Samples: Senior Secured Revolving Credit Facility Agreement (SRAX, Inc.), Credit Agreement, Agreement

AutoNDA by SimpleDocs

Discretionary Disbursements. Lender, in its sole and absolute discretion, may immediately upon notice to BorrowerBorrowers, disburse any or all proceeds of the Revolving Loans made or available to Borrower Borrowers pursuant to this Agreement to pay any fees, costs, expenses or other amounts required to be paid by Borrower Borrowers hereunder and not so paid. All monies so disbursed shall be a part of the Obligations, payable by Borrower Borrowers on demand from Lender.

Appears in 11 contracts

Samples: Senior Secured Revolving Credit Facility Agreement (Intelligent Highway Solutions, Inc.), Credit Agreement (Poet Technologies Inc.), Credit Agreement (Dr. Tattoff, Inc.)

Discretionary Disbursements. Lender, in its sole and absolute discretion, may immediately upon notice to Borrower, disburse any or all proceeds of the Revolving Loans made or available to Borrower pursuant to this Agreement to pay any fees, costs, expenses or other amounts required to be paid by Borrower hereunder and not so paid. All monies so disbursed shall be a part of the Obligations, payable by Borrower on demand from Lender.

Appears in 11 contracts

Samples: Consent and Agreement (Pacific Ventures Group, Inc.), Consent and Agreement (Sack Lunch Productions Inc.), Consent and Agreement (Sack Lunch Productions Inc.)

Discretionary Disbursements. The Lender, in its sole and absolute discretion, may immediately upon notice to the Borrower, disburse any or all proceeds of the Revolving Loans made or available to the Borrower pursuant to this Agreement to pay any fees, costs, expenses or other amounts required to be paid by the Borrower to the Lender hereunder and not so paid. All monies so disbursed shall be a part of the Obligations, payable by the Borrower on demand from the Lender.

Appears in 2 contracts

Samples: Loan and Security Agreement (Amtech Systems Inc), Loan and Security Agreement (Amtech Systems Inc)

Discretionary Disbursements. The Lender, in its sole and absolute ---------------------------- discretion, may immediately upon notice to Borrowerthe applicable Borrowers, disburse any or all proceeds of the Revolving Loans made or available to Borrower the applicable Borrowers pursuant to this Agreement to pay any fees, costs, expenses or other amounts required to be paid by Borrower the applicable Borrowers hereunder and not so paid. All monies so disbursed shall be a part of the Obligations, payable by Borrower the applicable Borrowers on demand from the Lender.

Appears in 2 contracts

Samples: Loan and Security Agreement (Amrep Corp.), Loan and Security Agreement (Amrep Corp.)

Discretionary Disbursements. Lender, in its sole and absolute discretion, may immediately upon notice to BorrowerBorrowers, disburse any or all proceeds of the Revolving Loans made or available to Borrower Borrowers pursuant to this Agreement to pay any fees, costs, expenses or other amounts required to be paid by Borrower Borrowers hereunder and not so paid. All monies so disbursed shall be a part of the Obligations, payable by Borrower Borrowers on demand from Lender.

Appears in 2 contracts

Samples: Loan and Security Agreement (BG Staffing, Inc.), Loan and Security Agreement (LTN Staffing, LLC)

Discretionary Disbursements. Lender, in its sole and absolute discretion, may immediately upon notice to Borrowerthe Borrowers, disburse any or all proceeds of the Revolving Loans made or available to Borrower the Borrowers pursuant to this Agreement to pay any fees, costs, expenses or other amounts required to be paid by Borrower the Borrowers hereunder and not so paid. All monies so disbursed shall be a part of the Obligations, payable by Borrower the Borrowers on demand from Lender.

Appears in 2 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement (Hill International, Inc.)

Discretionary Disbursements. The Lender, in its sole and absolute discretion, may may, immediately upon notice to the Borrower, disburse any or all proceeds of the Revolving Loans made or available to the Borrower pursuant to this Agreement to pay any fees, costs, expenses expenses, or other amounts required to be paid by the Borrower hereunder and not so paid. All monies so disbursed shall be a part of the Obligations, payable by the Borrower on demand from the Lender.

Appears in 1 contract

Samples: Credit Agreement (Enova International, Inc.)

Discretionary Disbursements. The Lender, in its sole and absolute discretion, may immediately upon notice to Borrowerthe applicable Borrowers, disburse any or all proceeds of the Revolving Loans made or available to Borrower the applicable Borrowers pursuant to this Agreement to pay any fees, costs, expenses or other amounts required to be paid by Borrower the applicable Borrowers hereunder and not so paid. All monies so disbursed shall be a part of the Obligations, payable by Borrower the applicable Borrowers on demand from the Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (Amrep Corp)

Discretionary Disbursements. Lender, in its sole and absolute discretion, may immediately upon notice to Borrower, disburse any or all proceeds of the Revolving Loans made or available to Borrower pursuant to this Agreement to pay any fees, costs, expenses or other amounts required to be paid by Borrower hereunder and not so paid. All monies so disbursed shall be a part of the Obligations, payable by Borrower on demand from Lenderto Lender in accordance with the terms hereof.

Appears in 1 contract

Samples: Senior Secured Revolving Credit Facility Agreement (Staffing Group, Ltd.)

Discretionary Disbursements. Lender, in its sole and absolute discretion, may immediately upon notice to the Borrower, disburse any or all proceeds of the Revolving Loans made or available to the Borrower pursuant to this Agreement to pay any fees, costs, expenses or other amounts required to be paid by the Borrower hereunder and not so paid. All monies so disbursed shall be a part of the Obligations, payable by the Borrower on demand from Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (Hill International, Inc.)

AutoNDA by SimpleDocs

Discretionary Disbursements. Lender, in its sole and absolute discretion, may immediately upon notice to Borrower, disburse any or all proceeds of the Revolving Loans made or available to Borrower pursuant to this Agreement to pay any fees, costs, expenses or other amounts required to be paid by Borrower hereunder and that have not so been duly paid. All monies so disbursed shall be a part of the Obligations, payable by Borrower on demand from Lender.

Appears in 1 contract

Samples: Secured Revolving Credit Facility Agreement (RiceBran Technologies)

Discretionary Disbursements. The Lender, in its sole and absolute discretion, may immediately upon notice to the Borrower, disburse any or all proceeds of the Revolving Loans Loan made or available to the Borrower pursuant to this Agreement to pay any substantiated fees, costs, expenses or other amounts undisputedly required to be paid by the Borrower hereunder and not so paid. All monies so disbursed shall be a part of the Obligations, payable by the Borrower on demand from the Lender.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Millennium Ethanol, LLC)

Discretionary Disbursements. The Lender, in its sole and absolute discretion, may immediately upon notice to the Borrower, disburse any or all proceeds of the Revolving Loans made or available to the Borrower pursuant to this Agreement to pay any fees, costs, expenses or other amounts required to be paid by the Borrower hereunder and not so paid. All monies so disbursed shall be a part of the Obligations, payable by the Borrower on demand from the Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (Digital Ally, Inc.)

Discretionary Disbursements. Lender, in its sole and absolute commercially reasonable discretion, may immediately upon notice to Borrower, disburse any or all proceeds of the Revolving Loans Loan advances made or available to Borrower pursuant to this Agreement to pay any fees, costs, expenses or other amounts required to be paid by Borrower hereunder and not so paid. All monies so disbursed shall be a part of the Obligations, payable by Borrower on demand from Lender.

Appears in 1 contract

Samples: Facility Agreement (Credex Corp)

Discretionary Disbursements. Lender, in its sole and absolute discretion, may immediately upon notice to BorrowerBorrowers, disburse any or all proceeds of the Revolving Loans made or available to Borrower Borrowers pursuant to this Agreement to pay any fees, costs, expenses or other amounts required to be paid by Borrower Borrowers hereunder and not so paid. All monies so disbursed shall be a part of the Obligations, payable by Borrower on Borrowers within ten (10) Business Days after demand from by Lender.

Appears in 1 contract

Samples: Credit Agreement (Blue Earth, Inc.)

Discretionary Disbursements. The Lender, in its sole and absolute discretion, may immediately upon notice to the Borrower, disburse any or all proceeds of the Revolving Loans Loan made or available to the Borrower pursuant to this Agreement to pay any substantiated fees, costs, expenses or other amounts undisputedly required to be paid by the Borrower hereunder and not so paid. All monies so disbursed shall be a part of the Obligations, payable by the Borrower on demand from the Lender.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (REX AMERICAN RESOURCES Corp)

Discretionary Disbursements. Lender, in its sole and absolute discretion, may immediately upon notice to Borrower, disburse any or all proceeds of the Revolving Loans made or available to Borrower pursuant to this Agreement to pay any fees, costs, expenses or other amounts required to be paid by Borrower hereunder and not so paid. All monies so disbursed shall be a part of the Obligations, payable by Borrower on demand from Lender.. 2.7

Appears in 1 contract

Samples: www.sec.gov

Time is Money Join Law Insider Premium to draft better contracts faster.