DISBURSEMENT INSTRUCTIONS definition

DISBURSEMENT INSTRUCTIONS. Borrower understands that no loan proceeds will be disbursed until all of Bank's conditions for making the loan have been satisfied. Please disburse the loan proceeds as follows: REVOLVING LINE -------------- Amount paid to Borrower directly $ -------- Undisbursed Funds $ -------- Principal $ -------- CHARGES PAID IN CASH. Borrower has paid or will pay in cash as agreed the following charges: Prepaid Finance Charges Paid in Cash: $ -------- $50,000 Loan Fee -------- $ Accounts Receivables Audit -------- Other Charges Paid in Cash: $ -------- $ UCC Search Fees -------- $ UCC Filing Fees -------- $ Patent Filing Fees -------- $ Trademark Filing Fees -------- $ Copyright Filing Fees -------- $ Outside Counsel Fees and Expenses (ESTIMATE, DO NOT LEAVE BLANK) -------- Total Charges Paid in Cash $ ------- AUTOMATIC PAYMENTS. Borrower hereby authorizes Bank automatically to deduct from Borrower's account numbered *** the amount of any loan payment. If the funds in the account are insufficient to cover any payment, Bank shall not be obligated to advance funds to cover the payment. FINANCIAL CONDITION. BY SIGNING THIS AUTHORIZATION, BORROWER REPRESENTS AND WARRANTS TO BANK THAT THE INFORMATION PROVIDED ABOVE IS TRUE AND CORRECT AND THAT THERE HAS BEEN NO ADVERSE CHANGE IN BORROWER'S FINANCIAL CONDITION AS DISCLOSED IN BORROWER'S MOST RECENT FINANCIAL STATEMENT TO BANK. THIS AUTHORIZATION IS DATED AS OF __________________, 19___.
Sample 1
DISBURSEMENT INSTRUCTIONS. Borrower understands that no loan proceeds will be disbursed until all of Lender's conditions for making the loan have been satisfied. Please disburse the loan proceeds of $1,500,000.00 as follows:
Sample 1Sample 2
DISBURSEMENT INSTRUCTIONS. Borrower understands that no loan proceeds will be disbursed until all of Lender's conditions for making the loan have been satisfied. Please disburse the loan proceeds of $633,000.00 as follows: AMOUNT PAID TO OTHERS ON BORROWERS BEHALF: $633,000.00 $633,000.00 to EXTEND 505-7979623550-26 ----------- NOTE PRINCIPAL: $633,000.00 FINANCIAL CONDITION. BY SIGNING THIS AUTHORIZATION, BORROWER REPRESENTS AND WARRANTS TO LENDER THAT THE INFORMATION PROVIDED ABOVE IS TRUE AND CORRECT AND THAT THERE HAS BEEN NO MATERIAL ADVERSE CHANGE IN BORROWER'S FINANCIAL CONDITION AS DISCLOSED IN BORROWER'S MOST RECENT FINANCIAL STATEMENT TO LENDER. THIS AUTHORIZATION IS DATED AUGUST 15, 1995. BORROWER: SCIENTIFIC SOFTWARE - INTERCOMP, INC., A COLORADO CORPORATION By: ------------------------------ RONAXX X. XXXXXXX, XXCRETARY ================================================================================ Variable Rate. Line of Credit. 21 [BANK ONE LOGO] DISBURSEMENT REQUEST AND AUTHORIZATION ------------------------------------------------------------------------------------------------------------------------ PRINCIPAL LOAN DATE MATURITY LOAN NO. CALL COLLATERAL ACCOUNT OFFICER INITIALS ------------------------------------------------------------------------------------------------------------------------ $4,500,000.00 03-30-1996 42 7979623550 410 ------------------------------------------------------------------------------------------------------------------------ References in the shaded area are for Lender's use only and do not limit the applicability of this document to any particular loan or item. ------------------------------------------------------------------------------------------------------------------------ BORROWER: SCIENTIFIC SOFTWARE - INTERCOMP, INC., A LENDER: BANK ONE, COLORADO, N.A. COLORADO CORPORATION DOWNTOWN BOULDER BANKING CENTER 1801 XXXXXXXXXX XX. XXX 000 2696 XXXXX XXXXXXXX XXXX. XXXXXX, XX 00000-0000 DENVXX, XX 00000 ======================================================================================================================== LOAN TYPE. This is a Variable Rate (1.500% over LENDER'S PRIME RATE, making an initial rate of 10.250%), Revolving Line of Credit Loan to a Corporation for $4,500,000.00 due on March 30, 1996. PRIMARY PURPOSE OF LOAN. The primary purpose of this loan is for: [ ] PERSONAL, FAMILY, OR HOUSEHOLD PURPOSES OR PERSONAL INVESTMENT. [X] BUSINESS (INCLUDING REAL ESTATE INVESTMENT).
Sample 1

Examples of DISBURSEMENT INSTRUCTIONS in a sentence

  • Monroe St., Chicago, IL 60603 Bank SWIFT: HATRUS44Bank Account Number: 4241238 Beneficiary Name: TLA LLCBeneficiary Address: 3100 McKinnon St., Suite 170 Dallas, Texas 75201 Reference: Escrow Number TLA EXHIBIT "B" TOESCROW AGREEMENT DISBURSEMENT INSTRUCTIONS TLA LLC Escrow Agent Account Manager Ref: Irrevocable Disbursement Instructions In accordance with the Escrow agreement signed on the Click here to enter a date.

  • CERTIFIED AND ATTESTED BY: X _______________________________ IMPERIAL BANK MEMBER FDIC ITEMIZATION OF AMOUNT FINANCED DISBURSEMENT INSTRUCTIONS NAME: EVOLVE SOFTWARE, INC.

  • CERTIFIED AND ATTESTED BY: X ------------------------------ -------------------------------------------------------------------------------- COMERICA BANK-CALIFORNIA MEMBER FDIC ITEMIZATION OF AMOUNT FINANCED DISBURSEMENT INSTRUCTIONS (TERM LOAN) Name(s): LYNX THERAPEUTICS, INC.

  • COMERICA BANK Member FDIC ITEMIZATION OF AMOUNT FINANCED DISBURSEMENT INSTRUCTIONS Name(s): QUOVADX, INC.

  • INC., A CALIFORNIA CORPORATION BY:_________________________________ BOYD CODDINGTON CHAIRMAN OF THE BOARD BY:_________________________________ REX OURS SECRETARY DISBURSEMENT INSTRUCTIONS Branch:ORANGE COUNTY CBC #050 Date:MARCH 25, 1997 City National Bank is authorized to disburse the proceeds of that certain note dated MARCH 25, 1997 in the amount of $9,000,000.00 executed by the undersigned Borrower as follows: CREDIT ACCOUNT NO.


More Definitions of DISBURSEMENT INSTRUCTIONS

DISBURSEMENT INSTRUCTIONS shall have the meaning ascribed to such term in the Cash Management Agreement.
Sample 1Sample 2
DISBURSEMENT INSTRUCTIONS means the instructions delivered to Purchaser by Seller and the Bond Fund Trustee regarding that portion of the Purchase Price described in Section 2.2.1(a) of this Agreement to be deposited into the Escrow Deposit and/or Refunding Trust Fund by Purchaser at Closing.
Sample 1Sample 2
DISBURSEMENT INSTRUCTIONS has the meaning set forth in the preface.
Sample 1Sample 2
DISBURSEMENT INSTRUCTIONS means the Net Purchase Price Disbursement Instructions provided by the Company substantially in the form attached hereto as Annex IIIand incorporated herein by this reference.
Sample 1Sample 2
DISBURSEMENT INSTRUCTIONS shall (i) be in writing and signed by LTC and the Seller, (ii) state the principal amount owed to LTC or the Seller as determined in accordance with the Purchase Agreement, and (iii) shall provide wire transfer instructions to the Escrow Agent as to where and to whom such amount is to be sent. Upon receipt of the Disbursement Instructions, the Escrow Agent shall within five (5) business days transfer funds from the Escrow Funds as directed in the Disbursement Instructions.
Sample 1
DISBURSEMENT INSTRUCTIONS. Very truly yours, Long Beach Acceptance Receivables Corp., as Borrower By: ----------------------------------- Name: Title:
Sample 1
DISBURSEMENT INSTRUCTIONS. Borrower understands that no loan proceeds will be disbursed until all of Lender's conditions for making the loan have been satisfied. Please disburse the loan proceeds of $633,000.00 as follows: AMOUNT PAID TO OTHERS ON BORROWERS BEHALF: $633,000.00 $633,000.00 to EXTEND 505-7979623550-26 ----------- NOTE PRINCIPAL: $633,000.00 FINANCIAL CONDITION. BY SIGNING THIS AUTHORIZATION, BORROWER REPRESENTS AND WARRANTS TO LENDER THAT THE INFORMATION PROVIDED ABOVE IS TRUE AND CORRECT AND THAT THERE HAS BEEN NO MATERIAL ADVERSE CHANGE IN BORROWER'S FINANCIAL CONDITION AS DISCLOSED IN BORROWER'S MOST RECENT FINANCIAL STATEMENT TO LENDER. THIS AUTHORIZATION IS DATED SEPTEMBER 15, 1995. BORROWER: SCIENTIFIC SOFTWARE - INTERCOMP, INC., A COLORADO CORPORATION BY: /s/ RONAXX X. XXXXXXX ---------------------------- RONAXX X. XXXXXXX, XXCRETARY ================================================================================ Variable Rate. Line of Credit. 7 [BANK ONE LETTERHEAD] September 15, 1995 Mr. Xxxxxx Xxxxxxx X/O Margxx Xxxxx Xxxentific Software-Intercomp, Inc. 1801 Xxxxxxxxxx, Xxxxx 000 Xxxxxx, XX 00000-0000 Xxar Ron: Xnclosed are the documents to extend the credit facilities until September 30, 1995 while EXIMBank completes its review of their guarantee. Please sign and return then directly to my attention at your earliest convenience.
Sample 1