Common use of Written Receipt Clause in Contracts

Written Receipt. If any part of the proceeds of the Loan is to be disbursed to a Person other than the Borrower, the Agent shall have received from the Borrower written disbursement instructions and a written receipt for such proceeds;

Appears in 2 contracts

Samples: Credit Agreement (New American Healthcare Corp), Credit Agreement (New American Healthcare Corp)

AutoNDA by SimpleDocs

Written Receipt. If any part of the proceeds of the Loan is to be disbursed to a Person other than the a Co-Borrower, the Agent shall have received from the Borrower Co-Borrowers written disbursement instructions and a written receipt for such proceeds;

Appears in 2 contracts

Samples: Credit Agreement (Housecall Medical Resources Inc), Credit Agreement (Housecall Medical Resources Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.