Disbursements. Each disbursement made under the Revolving Credit Line shall be made on the Disbursement Date indicated in the Disbursement Request. Disbursement Requests must be submitted by DRP to the AGENT at no later than 5:00 P.M. on the third business day before the desired Disbursement Date. At no later than 1:00 P.M. on the Disbursement Date, the Bank shall place at the AGENT’s immediate disposal the proportional amount of its Commitment corresponding to each disbursement requested, in the account and at the office indicated by the AGENT. If DRP has fulfilled the Precedent Conditions to Make the Disbursements, the AGENT shall place the total amount deposited by the Xxxxx at DRP’s immediate disposal in the account that for purposes of the Credit Line the latter maintains at the office indicated by the AGENT. The disbursement by the AGENT does not imply a certification by the latter that the Precedent Conditions to Make the Disbursement have been fulfilled or a waiver to file a claim against DRP for default.
