Common use of Distributions to the Borrower Generally Clause in Contracts

Distributions to the Borrower Generally. Distributions to the Borrower on each Funding Date shall be deposited in an account designated by the Borrower in writing to the Program Manager from time to time.

Appears in 3 contracts

Samples: Loan and Security Agreement (Community Care of America Inc), Loan and Security Agreement (Physicians Clinical Laboratory Inc), Loan and Security Agreement (Nu Tech Bio Med Inc)

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Distributions to the Borrower Generally. Distributions to the Borrower on each Funding Date shall be deposited in an account designated by the Borrower in writing to the Program Manager from time to timeAccount.

Appears in 1 contract

Samples: Loan and Security Agreement (Mim Corp)

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