Common use of Request for Loans Clause in Contracts

Request for Loans. Credit Parties shall be entitled to honor any request for Loan proceeds made by Borrower and shall have no obligation to see to the proper disposition of such advances. Each Guarantor agrees that their respective obligations hereunder shall not be released or affected by reason of any improper disposition by Borrower of such Loan proceeds.

Appears in 4 contracts

Samples: Credit Agreement (CyrusOne Inc.), Guaranty (Dupont Fabros Technology, Inc.), Guaranty (Dupont Fabros Technology, Inc.)

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Request for Loans. Credit Parties shall be entitled to honor any request for Loan proceeds made by Borrower and shall have no obligation to see to the proper disposition of such advances. Each Guarantor agrees that their respective its obligations hereunder shall not be released or affected by reason of any improper disposition by Borrower of such Loan proceeds.

Appears in 1 contract

Samples: Guaranty (Dupont Fabros Technology, Inc.)

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