Disbursements from Project Fund. The Borrower shall not request or receive any disbursement of funds from the Project Fund unless and until the Bank shall have approved such disbursement in writing and all of the following conditions shall be true with respect to each such disbursement:
Appears in 3 contracts
Samples: Reimbursement Agreement (Aerovox Inc), Reimbursement Agreement (Core Materials Corp), Reimbursement Agreement (Core Molding Technologies Inc)
Disbursements from Project Fund. The Borrower shall not request or receive any disbursement of funds from the Project Fund unless and until the Bank shall have approved such disbursement in writing to the Trustee, and all of the following conditions shall be true with respect to each such disbursement:
Appears in 1 contract
Disbursements from Project Fund. The Borrower shall not request or receive any disbursement of funds from the Project Fund unless and until the Bank shall have approved such disbursement in writing to the Trustee and all of the following conditions shall be true with respect to each such disbursement:
Appears in 1 contract
Samples: Credit Reimbursement Agreement (Spurlock Industries Inc)
