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: Intra Group Loan Agreement, Intra Group Loan Agreement (Albireo Pharma, Inc.), www.sec.gov

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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: Preferred Stock Purchase Agreement (WhiteSmoke, Inc.), Preferred Stock Purchase Agreement (WhiteSmoke, Inc.), 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: Agreement (Orphazyme a/S), 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: Agreement (Negevtech Ltd.), 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: MDxHealth SA, 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: 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: Agreement (BioLineRx Ltd.)

Method of Disbursement. 3.3.1 The payment by the Lender to the Drawdown Account, or to such other bank account specified as is agreed in writing between the Drawdown Notice Lender and the Borrower Representative, shall constitute the making of the Loan (or the relevant part thereof) and the each 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 1 contract

Samples: Akebia Therapeutics, Inc.

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