THE BANK’S OBLIGATION. The Bank’s obligation to disburse the Facility shall be limited to and not exceed the aggregate amount of the proceeds of sale of the Commodities stated in Section 2.7 above. Any monies payable by the Customer to any party which exceed the Facility Amount shall be borne and paid by the Customer.
Appears in 3 contracts
Samples: Facility Agreement, Facility Agreement, Facility Agreement
THE BANK’S OBLIGATION. The Bank’s obligation to disburse the Facility shall be limited to and not exceed the aggregate amount of the proceeds of sale of the Commodities Commodity stated in Section 2.7 2(g) above. Any monies payable by the Customer to any party which exceed the Facility Amount shall be borne and paid by the Customer.
Appears in 1 contract
Samples: Facility Agreement
