Examples of Disbursement Instruction Agreement in a sentence
The amount so received by the Administrative Agent shall, subject to the terms and conditions of this Agreement, be made available to the Borrower not later than 3:30 p.m. Central Time on such date by depositing the same, in immediately available funds, in the account of the Borrower designated in the Disbursement Instruction Agreement.
Subject to fulfillment of all applicable conditions set forth herein, the Administrative Agent shall make available to the Borrower in the account specified by the Borrower in the Disbursement Instruction Agreement, not later than 4:00 p.m. Central Time on the date of the requested borrowing of Revolving Loans, the proceeds of such amounts received by the Administrative Agent.
The Borrower hereby authorizes the Administrative Agent to disburse the proceeds of any Loan made by the Lenders or any of their Affiliates pursuant to the Loan Documents as requested by an authorized representative of the Borrower to any of the accounts designated in the Disbursement Instruction Agreement.