Common use of Fundings Clause in Contracts

Fundings. Lender shall fund each Borrowing on the applicable funding date and, subject to the terms of this Agreement, shall disburse the proceeds as directed by Borrower Agent.

Appears in 3 contracts

Sources: Loan Agreement (Par Pacific Holdings, Inc.), Loan and Security Agreement (Radiant Logistics, Inc), Loan and Security Agreement (Ashworth Inc)

Fundings. Lender shall fund each Borrowing on the applicable funding date and, subject to the terms of this Agreement, shall disburse the proceeds as directed by Borrower AgentBorrower.

Appears in 3 contracts

Sources: Loan and Security Agreement (Lapolla Industries Inc), Loan and Security Agreement (Craftmade International Inc), Loan Agreement (Ashworth Inc)