Pay Proceeds Letter. Borrower shall have delivered to Lender a pay proceeds letter with respect to the disbursement of the proceeds of the initial Loans in form and substance satisfactory to Lender, which letter shall provide for, among other things, the payment or reimbursement of all costs and expenses incurred by Lender in connection with this Agreement and the other Loan Documents.
Pay Proceeds Letter. The Company shall have executed and delivered to the Administrative Agent and each Bank a pay proceeds letter dated the Closing Date (the "Pay Proceeds Letter"), in form and substance satisfactory to the Administrative Agent and the Banks.
Pay Proceeds Letter. Duly executed originals of a letter from Borrower addressed to Administrative Agent, in form and substance reasonably acceptable to Administrative Agent and Co-Syndication Agents, on behalf of itself and Lenders, with respect to the disbursement on the Closing Date of the proceeds of the initial Revolving Credit Advance.
Pay Proceeds Letter. The Administrative Agent shall have received a letter from the Parent containing wire transfer instructions relating to the funds to be made available to the Borrowers on the Amendment and Restatement Effective Date. 17
Pay Proceeds Letter. A letter executed by Borrowers directing Agent to disburse amounts approved by Agent under the Loans directly to creditors approved by Agent, to repay certain existing indebtedness of Borrowers.
Pay Proceeds Letter. A pay proceeds agreement detailing distribution of the proceeds of the Term Loan Note.
Pay Proceeds Letter. The Debtors jointly shall submit a letter acceptable to Lender authorizing and instructing Lender to: (i) make the Loan in proper amount, (ii) to retain and apply U.S.$75,000.00 towards the balance of the Proposal Fee payable, as provided in Section 9.4, on the Funding Date, and (iii) pay to Lender's counsel the amount of Lender's legal fees and disbursements.
Pay Proceeds Letter. The Administrative Agent shall have received a letter from the Parent containing wire transfer instructions relating to the funds to be made available to the Borrowers on the Restatement Effective Date, specifying that the proceeds of the Tranche B Term Loans shall be used, to the extent necessary, to repay Revolving Credit Loans outstanding on the Restatement Effective Date.
Pay Proceeds Letter. Borrower shall have requested disbursement of the Loan by delivery of a pay proceeds letter and certification of representations and warranties in a form acceptable to Lender, together with such supporting evidence as Lender shall require;
Pay Proceeds Letter. The Purchaser shall have received the Pay Proceeds Letter, dated the Closing Date and duly executed and delivered by the Company, directing application of the proceeds of the funded Purchase Price to the payment of fees and expenses owed by the Company to the Purchaser, the pay-off in full of the Hillair Note and as otherwise provided therein, together with a Funds Flow Statement attached thereto, all in form and substance satisfactory to the Purchaser.
