Common use of Method of Disbursement Clause in Contracts

Method of Disbursement. The payment by the Lender to the account specified in the Drawdown Notice shall constitute the making of the Loan (or the relevant part thereof) and the Borrower shall thereupon become indebted, as principal and direct obligor, to the Lender in an amount equal to the Loan (or the relevant part thereof).

Appears in 8 contracts

Samples: Loan Agreement, Loan Agreement, Loan Agreement (Albireo Pharma, Inc.)

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Method of Disbursement. The payment by the Lender to the account specified in the each Drawdown Notice shall constitute the making of the Loan (or the relevant part thereof) Instalment and the Borrower shall thereupon become indebted, as principal and direct obligor, to the Lender in an amount equal to the Loan (or the relevant part thereof)such Instalment.

Appears in 3 contracts

Samples: Share Purchase Agreement (WhiteSmoke, Inc.), Loan Agreement (WhiteSmoke, Inc.), Share Purchase Agreement (WhiteSmoke, Inc.)

Method of Disbursement. 3.3.1 The payment by the Lender to the account specified in the Drawdown Notice shall constitute the making of the Loan (or the relevant part thereof) and the Borrower shall thereupon become indebted, as principal and direct obligor, to the Lender in an amount equal to the Loan (or the relevant part thereof)) and all interest thereon and other payments due in connection therewith under this Loan Agreement.

Appears in 2 contracts

Samples: Loan Agreement (Orphazyme a/S), Loan Agreement (Orphazyme a/S)

Method of Disbursement. The payment by the Lender to the account specified in the each Drawdown Notice shall constitute the making of the Loan (or the relevant part thereof) and the Borrower shall thereupon become indebted, as principal and direct obligor, to the Lender in an amount equal to the Loan (or the relevant part thereof)Loan.

Appears in 2 contracts

Samples: Loan Agreement (Negevtech Ltd.), Loan Agreement (Negevtech Ltd.)

Method of Disbursement. The payment by the Lender to the account specified in the Drawdown Notice shall constitute the making of the Loan (or the relevant part thereof) and the Borrower shall thereupon become indebted, as principal and direct obligor, to the Lender in an amount equal to the Loan (or the relevant part thereof)) and all interest thereon and other payments due in connection therewith under this Loan Agreement.

Appears in 2 contracts

Samples: Loan Agreement (MDxHealth SA), Loan Agreement (MDxHealth SA)

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Method of Disbursement. The payment by the Lender of an amount specified in the Drawdown Notice to the account specified in the that Drawdown Notice shall constitute the making of the Loan (or the relevant part thereof) and the Borrower shall thereupon become indebted, as principal and direct obligor, to the Lender in an amount equal to respect of the Loan (or the relevant part thereof)in such an amount.

Appears in 1 contract

Samples: Loan Agreement (Nabriva Therapeutics AG)

Method of Disbursement. The payment by the Lender to the account specified in the Drawdown Notice shall constitute the making of the Loan (or the relevant part thereof) and the Borrower shall thereupon become indebted, as principal and direct obligor, to the Lender in an amount equal to the Loan (or the relevant part thereof)Loan.

Appears in 1 contract

Samples: Loan Agreement (BioLineRx Ltd.)

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