Common use of Making of Advances Clause in Contracts

Making of Advances. Subject to the terms of this Agreement, each Bank shall, on the Utilisation Date, make available to the Agent its Proportion in Dollars for the account of the Borrower. All such amounts shall be made available to the Agent in accordance with clause 11 for disbursement to or to the order of the Borrower in accordance with the provisions of this Agreement.

Appears in 2 contracts

Samples: Loan Agreement (Uih Australia Pacific Inc), Syndicated Senior Secured Debt Facility Agreement (Uih Australia Pacific Inc)

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Making of Advances. Subject to the terms of this Agreement, each Bank shall, on the Utilisation Date, make available to the Facility Agent its Proportion in Dollars for the account of the Borrower. All such amounts shall be made available to the Facility Agent in accordance with clause 11 for disbursement to or to the order of the Borrower in accordance with the provisions of this Agreement.

Appears in 2 contracts

Samples: Syndicated Senior Secured Debt Facility Agreement (Uih Australia Pacific Inc), Syndicated Senior Secured Debt Facility Agreement (United International Holdings Inc)

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