Future Disbursements Clause Samples
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Future Disbursements. Notwithstanding any contrary provision of this Agreement, Lender's obligation to make Advances or issue L/C's under the Loan from time to time until the Maturity Date is expressly subject to and conditioned upon the satisfaction of each of the conditions precedent identified in Sections 3.2(b) through 3.2(d) below.
Future Disbursements. The balance of the Loan's proceeds in the -------------------- approximate amount of $37,194,188.00 shall be disbursed as follows:
Future Disbursements. This Mortgage secures a loan which by its terms is subject to modification as defined in N.J.S.A. 46:9-8.1 et seq.
Future Disbursements. This Instrument secures all present and future loan disbursements made by Lender to Borrower which are included in the Combined Obligations.
Future Disbursements. This Deed of Trust secures all present and future indebtedness owing by the Mortgagor under the Credit Agreement pursuant to N.C.G.S.s.s.45-68. The amount of the present disbursement secured hereby is $25,000,000 and the maximum principal amount which may be secured hereby at any one time is $42,000,000. The time period within which such future disbursements are to be made is the period between the date hereof and the date fifteen (15) years from the date hereof.
Future Disbursements. 21 5.18 Reduction of Secured Amount ........................................21 5.19 Application of Payments and Repayments .............................21 5.20 Removal of Trustee .................................................21 DEED OF TRUST, SECURITY AGREEMENT, ASSIGNMENT Of LEASES AND RENTS AND FINANCING STATEMENT THIS DEED OF TRUST, SECURITY AGREEMENT, ASSIGNMENT OF LEASES AND RENTS, AND FINANCING STATEMENT ("Mortgage") is made as of July 31, 1998 by STANDARD PACKAGING AND PRINTING CORP., a North Carolina corporation ("Mortgagor") with its principal office at ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇, IN 46803 as trustor, to Chicago Title Insurance Company, 1211 Avenue of the ▇▇▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ("Trustee"), for the ratable benefit of First Source Financial, LLP ("First Source"), an Illinois Limited liability partnership with its principal office at ▇▇▇▇ ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, as mortgagee, and as agent for itself, and for and on behalf of the other Lenders (as hereinafter defined), and as assignee and secured party (together with any successors or assigns, the "Mortgagee").
Future Disbursements. All proceeds are to be credited to Account Number _________ at City National Bank. Disburse as Requested by: (identify persons authorized to make requests) ▇▇▇▇▇ ▇▇▇▇, per verbal or written request. a Nevada corporation By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, CFO/Interim President/Secretary