Common use of Funding Loans Clause in Contracts

Funding Loans. Subject to the terms, conditions and procedures of this Agreement and each other Loan Document and to the satisfaction of all conditions precedent to the making and funding of any loan as set forth in any Loan Document, Bank shall make the proceeds of any such loan available to Borrower on the disbursement date agreed upon by Bank and Borrower by depositing such proceeds into an account maintained by Borrower with Bank or as otherwise agreed to in writing by Borrower and Bank.

Appears in 6 contracts

Samples: Credit Agreement (Universal Power Group Inc.), Credit Agreement (Copano Energy, L.L.C.), Credit Agreement (Copano Energy, L.L.C.)

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Funding Loans. Subject to the terms, conditions and procedures of this Agreement and each other Loan Document and to the satisfaction of all conditions precedent to the making and funding of any loan as set forth in any Loan Document, Bank shall make the proceeds of any such loan available to Borrower on the disbursement date agreed upon by Bank and Borrower Borrowers by depositing such proceeds into an account maintained by Borrower with Bank or as otherwise agreed to in writing by Borrower Borrowers and Bank.

Appears in 2 contracts

Samples: Credit Agreement (Microwave Transmission Systems Inc), Credit Agreement (Microwave Transmission Systems Inc)

Funding Loans. Subject to the terms, conditions and procedures of this Agreement and each other Loan Document and to the satisfaction of all conditions precedent to the making and funding of any loan as set forth in any Loan Document, Bank shall make the proceeds of any such loan available to Borrower on the disbursement date Disbursement Date agreed upon by Bank and Borrower by depositing such proceeds into an account maintained by Borrower with Bank or as otherwise agreed to in writing by Borrower and Bank.

Appears in 1 contract

Samples: Credit Agreement (Thinking Tools Inc)

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Funding Loans. Subject to the terms, conditions and procedures of this Agreement and each other Loan Document and to the satisfaction of all conditions precedent to the making and funding of any loan as set forth in any Loan Document, Bank shall make the proceeds of any such loan available to Borrower Parent on the disbursement date agreed upon by Bank and Borrower Parent by depositing such proceeds into an account maintained by Borrower Parent with Bank or as otherwise agreed to in writing by Borrower Parent and Bank.

Appears in 1 contract

Samples: Credit Agreement (Bridgepoint Education Inc)

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