Common use of Procedure for Advances Clause in Contracts

Procedure for Advances. (a) The Agent will make advances not more frequently than twice during each month upon receipt of a written request from the Borrowers in the form of borrowing request attached hereto as Exhibit C (each a "Requisition", and collectively, the "Requisitions").

Appears in 2 contracts

Samples: Financing and Security Agreement (American Retirement Corp), Financing and Security Agreement (American Retirement Corp)

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Procedure for Advances. (a) The Agent will make advances not more frequently than twice during each month upon receipt of a written request from the Borrowers Borrower in the form of borrowing request attached hereto as Exhibit C designated by the Agent (each a "Requisition", and collectively, the "Requisitions")) signed by Mark X. Xxxxxxxxx xx Davix X. Xxxxxxx xx behalf of Borrower.

Appears in 2 contracts

Samples: Financing and Security Agreement (Alternative Living Services Inc), Financing and Security Agreement (Alternative Living Services Inc)

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