Common use of Loan Disbursement Clause in Contracts

Loan Disbursement. The borrower must apply for withdrawal to the lender before using the funds. If the lender, after review, deems that the withdrawal conditions stipulated in this contract are met, the loan funds will be transferred to the agreed borrower’s account.

Appears in 3 contracts

Samples: Working Capital Loan Contract (MaxsMaking Inc.), Working Capital Loan Contract (MaxsMaking Inc.), Working Capital Loan Contract (MaxsMaking Inc.)

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Loan Disbursement. The borrower must apply applies for withdrawal to from the lender before using the funds. If the lender, lender deems after review, deems review that the withdrawal conditions stipulated in this contract are met, transfer the loan funds will be transferred to the agreed borrower’s account.

Appears in 1 contract

Samples: Loan Agreement (Golden Sun Health Technology Group LTD)

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