Loan Disbursement Account Sample Clauses

Loan Disbursement Account. The Loan Disbursement Account herein shall be determined in accordance with (2): (1) within working days from the date of coming into effect of this Contract and before the date of first drawdown, Party A shall open an account within Party B for the sole purpose of the disbursement and payment of all loan amount under this Contract. (2) other account opened by Party A within Party B (Account Number: ).

Loan Disbursement Account. The Borrower shall maintain at all times during this Agreement with the Agent, at the Agent's office in Pittsburgh, Pennsylvania, a demand deposit account (the "LOAN DISBURSEMENT ACCOUNT"), into which proceeds of Revolving Credit Loans, Swingline Loans and other monies transferred to the Borrower hereunder shall be deposited from time to time. The Loan Disbursement Account shall be in the name of the Borrower and, subject to the other provisions of this Agreement and the other Loan Documents, monies therein shall be disbursed as directed by the Borrower, from time to time. To secure the payment and performance of Lender Obligations, the Borrower hereby pledges and assigns, and grants to the Agent for the benefit of the Agent, the L/C Issuer and the Lenders, a lien on and security interest in the Loan Disbursement Account, all funds from time to time deposited or held therein, all interest and other income derived therefrom, and all proceeds of all the foregoing.

Loan Disbursement Account. All Disbursements, irrespective of whether made as reimbursements or advances shall be made to the Borrower's current account with the New York Branch of the Lender.

Loan Disbursement Account. The proceeds of any Advance to the Borrower shall, on the date of such Advance, be deposited in immediately available funds in the Loan Disbursement Account, which shall be a demand deposit account maintained with Lender.

Loan Disbursement Account. Loan Disbursement Account under this Contract shall be determined as specified in (2) below: (1) Party A shall open a Loan Disbursement Account in Party B for the disbursement and payment of the loan under this Contract within BLANK business day(s) following the effective date hereof before the first disbursement. (2) Other accounts opened by Party A in Party B (Account No.: 12001835100052513510).

Loan Disbursement Account. The Borrower has requested, and the Agent ------------------------- and the Lenders have agreed, that the Loans and any proceeds of each Acceptance discounted pursuant to Section 4.2.1 will be advanced to account no. 00-000-000 ------------- maintained at Bankers Trust Company, 000 Xxxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000 in the name of the Borrower (the "Loan Disbursement Account").

Loan Disbursement Account. The account maintained by Borrower with Lender into which Advances shall be deposited under the Loan.

Loan Disbursement Account. The Borrower has requested, and the ------------------------- Agent and the Lenders have agreed, that the Loans and any proceeds of each Acceptance discounted pursuant to Section 4.2 will be advanced to account ----------- no. 00-000-000 maintained at Deutsche Bank, 000 Xxxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000 in the name of the Borrower (the "Loan Disbursement Account"). -------------------------

Loan Disbursement Account. All Advances hereunder shall be disbursed into the Loan Disbursement Account.

Loan Disbursement Account. The borrower shall open the following account at the lender’s institution as the loan disbursement account, and the disbursement and payment of the loan shall be conducted through this account. Account Name: Xinjiang United Family Trading Co., Ltd Account Number: [*]