Requests for Advances. Any Line advance permitted under this Agreement must be requested by telephone or in a writing delivered to the Bank (or transmitted via facsimile) by any person reasonably believed by the Bank to be an authorized officer of the Borrower. The Bank will not consider any such request if there is an event which is, or with notice or the lapse of time would be, an event of default under this Agreement. Proceeds will be deposited into the Borrower's account at the Bank or disbursed in such other manner as the parties agree.
Appears in 5 contracts
Samples: Credit Agreement (American Caresouce Holdings, Inc.), Credit Agreement (Datalink Corp), Credit Agreement (Patient Infosystems Inc)
Requests for Advances. Any Line line advance permitted requested under the terms of this Agreement must shall be requested by telephone or in a writing delivered to the Bank (or transmitted via facsimile) by any person reasonably believed by the Bank to be an authorized officer of by the BorrowerBorrower to do so. The Bank will not consider any such request if there is following an event which is, or with notice or the lapse of time would be, an event of default under this Agreement. Proceeds will shall be deposited into the Borrower's account at the Bank or disbursed in such other manner as the parties may agree.
Appears in 4 contracts
Samples: Credit Agreement (Datalink Corp), Credit Agreement (Everest Medical Corporation), Credit Agreement (Biosensor Corp)
Requests for Advances. Any Line advance permitted requested under the terms of this Agreement must shall be requested by telephone or in a writing delivered to the Bank (or transmitted via facsimile) by any person reasonably believed by the Bank to be an authorized officer of by the BorrowerBorrower to do so. The Bank will not consider any such request if there is following an event which is, or with notice or the lapse of time would be, an event of default under this Agreement. Proceeds will shall be deposited into the Borrower's account at the Bank or disbursed in such other manner as the parties may agree.
Appears in 3 contracts
Samples: Loan and Credit Agreement (Industrial Rubber Products Inc), Credit Agreement (Medamicus Inc), Credit Agreement (Research Inc /Mn/)
Requests for Advances. Any Line advance permitted under this Agreement must be requested by telephone or in a writing delivered to the Bank (or transmitted via facsimile) by any person reasonably believed by the Bank to be an authorized officer of the Borrower. The Bank will not consider any such request if there is an event which is, or with notice or the lapse of time would be, an event of default under this Agreement. Proceeds will be deposited into the Borrower's ’s account at the Bank or disbursed in such other manner as the parties agree.
Appears in 1 contract
Requests for Advances. Any Line line advance permitted requested under the terms of this Agreement must shall be requested by telephone or in a writing delivered to the Bank (or transmitted via facsimile) by any person reasonably believed by the Bank to be an authorized officer of by the BorrowerBorrower to do so. The Bank will not consider any such request if there is following an event which is, or with notice or the lapse of time would be, an event of default under this Agreement. Proceeds will shall be deposited into the Borrower's account at the Bank or disbursed in such other manner as the parties may agree. 3.2.
Appears in 1 contract
Requests for Advances. Any Line line advance permitted under this Agreement must be requested by telephone or in a writing delivered to the Bank (or transmitted via facsimile) by any person reasonably believed by the Bank to be an authorized officer of the Borrower. The Bank will not consider any such request if there is an event which is, or with notice or the lapse of time would be, an event of default under this Agreement. Proceeds will be deposited into the Borrower's account at the Bank or disbursed in such other manner as the parties agree.
Appears in 1 contract
