Mode of Disbursement. a) Disbursement of the Loan may be made directly to the Borrower or the Seller/Dealer/DSA of the Vehicle or in such other manner as may be decided solely by the Lender.
Appears in 3 contracts
Samples: Hypothecation Agreement, Hypothecation Agreement, Vehicle Loans Agreement
Mode of Disbursement. a) Disbursement of the Loan may be made directly to the Borrower or the Seller/Dealer/DSA of the Vehicle Car or in such other manner as may be decided solely by the Lender.
Appears in 2 contracts
Samples: Hypothecation Agreement, Loan Cum Hypothecation Agreement
Mode of Disbursement. a) Disbursement of the Loan may be made directly to the Borrower or the Seller/Dealer/DSA of the Vehicle Car or the earlier banker/lender/financier (in case of used Car) for and on behalf of the Borrower or in such other manner as may be decided solely by the Lender, and the same shall amount to/deemed to be a disbursement made to the Borrower by the Lender.
Appears in 1 contract
Samples: Hypothecation Agreement
Mode of Disbursement. (a) Disbursement of the Loan may be made directly to the Borrower or the Seller/Dealer/DSA Body-constructor of the Vehicle or in such other manner as may be decided solely by the Lender.
Appears in 1 contract
Samples: Loan Agreement
