Common use of Disbursements; Conditions To Disbursements Clause in Contracts

Disbursements; Conditions To Disbursements. Each of the promises I make in this Loan Agreement will be considered made again as of the time (i) Lender, or Lender’s escrow agent, receives any request from me and Contractor for a Disbursement (“Request for Disbursement”), or (ii) I endorse any Loan Proceeds check to Contractor or a Supplier. Lender will hold ten (10%) percent of each Disbursement for the Work (“Holdback”). Lender will disburse Holdback only as part of the final Disbursement.

Disbursements; Conditions To Disbursements. Each of the promises I make in this Loan Agreement will be considered made again as of the time (i) Lender, or LenderXxxxxx’s escrow agent, receives any request from me and Contractor for a Disbursement (“Request for Disbursement”), or (ii) I endorse any Loan Proceeds check to Contractor or a Supplier. Lender will hold ten (10%) percent of each Disbursement for the Work (“Holdback”). Lender Xxxxxx will disburse Holdback only as part of the final Disbursement.

Disbursements; Conditions To Disbursements. Each of the promises I make in this Loan Agreement will be considered made again as of the time (i) Lender, or Lender’s escrow agent, receives any request from me and Contractor for a Disbursement (“Request for Disbursement”), ; or (ii) I endorse any Loan Proceeds check to Contractor or a Supplier. Lender will hold ten (10%) percent of each Disbursement for the Work (“Holdback”). Lender will disburse Holdback only as part of the final Disbursement.

Disbursements; Conditions To Disbursements. Each of the promises I make in this Loan Agreement will be considered made again as of the time (i) Lender, or LenderXxxxxx’s escrow agent, receives any request from me and Contractor for a Disbursement (“Request for Disbursement”), ; or (ii) I endorse any Loan Proceeds check to Contractor or a Supplier. Lender will hold ten (10%) percent of each Disbursement for the Work (“Holdback”). Lender Xxxxxx will disburse Holdback only as part of the final Disbursement.