The Disbursement Account. Except as otherwise specifically provided in, or permitted by, this Agreement, all checks shall be drawn by the Borrowers upon, and other disbursements shall be made by the Borrowers solely from, the Disbursement Account.
Appears in 2 contracts
Samples: Loan and Security Agreement (Mazel Stores Inc), Loan and Security Agreement (Mazel Stores Inc)
The Disbursement Account. Except as otherwise specifically provided in, or permitted by, this Agreement, all checks shall be drawn by the Borrowers Borrower upon, and other disbursements shall be made by the Borrowers Borrower solely from, the Disbursement AccountAccount or from its payroll account.
Appears in 1 contract
The Disbursement Account. Except as otherwise specifically provided in, or permitted by, this Agreement, all checks shall be drawn by the Borrowers upon, and other disbursements shall be made by the Borrowers solely from, the Disbursement Account.. 105 113 ARTICLE VIII. - GRANT OF SECURITY INTEREST:
Appears in 1 contract
Samples: Loan and Security Agreement (Restoration Hardware Inc)
