Common use of Procedure for Loans Clause in Contracts

Procedure for Loans. Company may by written notice request a borrowing of Loans prior to 9:30 a.m. (New York time) on the Business Day of its request to incur, on that day, a Loan. Together with each request for a Loan (or at such other intervals as Laurus may request), Company shall deliver to Laurus a Borrowing Base Certificate in the form of Exhibit A, which shall be certified as true and correct by the President or Chief Financial Officer of Company together with all supporting documentation relating thereto. All Loans shall be disbursed from whichever office or other place Laurus may designate from time to time and shall be charged to Company's account on Laurus' books. The proceeds of each Loan made by Laurus shall be made available to Company on the Business Day so requested in accordance with the terms of this Section 4 by way of credit to Company's operating account maintained with such bank as Company designated to Laurus. Any and all Obligations due and owing hereunder may be charged to Company's account and shall constitute Loans.

Procedure for Loans. Company Agent may by written notice request a borrowing of Loans prior to 9:30 a.m. 12:00 noon (New York time) on the Business Day of its request to incur, on that daythe next Business Day, a Loan. Together with each request for a Loan (or at such other intervals as Laurus may request), Company Agent shall deliver to Laurus a Borrowing Base Certificate in the form of Exhibit A, which shall be certified as true and correct by the President Chief Executive Officer or Chief Financial Officer of Company Agent together with all supporting documentation relating thereto. All Loans shall be disbursed from whichever office or other place Laurus may designate from time to time and shall be charged to Company's the Companies’ account on Laurus' ’ books. The proceeds of each Loan made by Laurus shall be made available to Company Agent on the Business Day following the Business Day so requested in accordance with the terms of this Section 4 by way of credit to the applicable Company's ’s operating account maintained with such bank as Company Agent designated to Laurus. Any and all Obligations due and owing hereunder may be charged to Company's the Companies’ account and shall constitute Loans.

Procedure for Loans. Company may by written notice request a borrowing of Loans prior to 9:30 a.m. (New York time) on the Business Day of its request to incur, on that day, a Loan. Together with each request for a Loan (or at such other intervals as Laurus may request), Company shall deliver to Laurus a Borrowing Base Certificate in the form of Exhibit A, which shall be certified as true and correct by the President or Chief Financial Officer of Company together with all supporting documentation relating thereto. All Loans shall be disbursed from whichever office or other place Laurus may designate from time to time and shall be charged to Company's ’s account on Laurus' ’ books. The proceeds of each Loan made by Laurus shall be made available to Company on the Business Day so requested in accordance with the terms of this Section 4 by way of credit to Company's ’s operating account maintained with such bank as Company designated to Laurus. Any and all Obligations due and owing hereunder may be charged to Company's ’s account and shall constitute Loans.