Common use of Bank Obligations Clause in Contracts

Bank Obligations. The Bank agrees to make the Revolving Loan on the Disbursement Date as set forth in a notice to the Bank from the Borrower conforming to the requirements of Section 2.2.1 by crediting the Borrower's general deposit account with the Bank in the amount of such Revolving Loan, provided, however, that the Bank shall not be so obligated if:

Appears in 3 contracts

Samples: Revolving Credit Loan Agreement (Sterling Construction Co Inc), Loan Agreement (Neutral Posture Ergonomics Inc), Credit Loan Agreement (Sterling Construction Co Inc)

AutoNDA by SimpleDocs

Bank Obligations. The Bank agrees to make the Revolving Loan on the Disbursement Date as set forth in a notice to the Bank from the Borrower conforming to the requirements of Section 2.2.1 by crediting the Borrower's general deposit account with the Bank in the amount of such Revolving Loan, provided, however, that the Bank shall not be so obligated if:

Appears in 2 contracts

Samples: Loan Agreement (Plymouth Commercial Mortgage Fund), Revolving Credit Loan Agreement (Bestway Inc)

Bank Obligations. The Bank agrees to make the Revolving Loan on the Disbursement Date as set forth in a notice to the Bank from the Borrower conforming to the requirements of Section SECTION 2.2.1 by crediting the Borrower's general deposit account with the Bank in the amount of such Revolving Loan, provided, however, that the Bank shall not be so obligated if:

Appears in 2 contracts

Samples: Loan Agreement (Henley Healthcare Inc), Loan Agreement (Henley Healthcare Inc)

Bank Obligations. The Bank agrees to make the Revolving Loan Loans on the Disbursement Date as set forth in a established by notice to the Bank from the Borrower conforming to the requirements of Section 2.2.1 by crediting the Borrower's general deposit account of the Borrower with the Bank in the amount of such Revolving Loan, ; provided, however, that the Bank shall not be so obligated if:

Appears in 1 contract

Samples: Neogen Corp

Bank Obligations. The Bank agrees to make the Revolving Loan on the Disbursement Date as set forth in a date established by notice to the Bank from the Borrower Borrowers conforming to the requirements of Section 2.2.1 2.2 by crediting the Borrower's general deposit account of the Borrowers with the Bank -- and/or (without duplication of funding) paying to such Person or Persons for the Borrowers' account -- as is specified in such notice, the amount proceeds of such Revolving Loan, ; provided, however, that the Bank shall not be so obligated to make any such Revolving Loan if:

Appears in 1 contract

Samples: Note Purchase Agreement (Mca Financial Corp /Mi/)

AutoNDA by SimpleDocs

Bank Obligations. The Bank agrees to make the Revolving Loan on the each Disbursement Date as set forth in a established by notice to the Bank from the Borrower Borrowers conforming to the requirements of Section 2.2.1 2.1.3 by crediting the Borrower's general deposit account of Borrowers with Bank specified in the Bank Telephone Notice Authorization in the amount of such Revolving Loan, ; provided, however, however that the Bank shall not be obligated to do so obligated if:

Appears in 1 contract

Samples: Secured Loan Agreement (Hilite Industries Inc)

Bank Obligations. The Bank agrees to make the Revolving Loan on the Disbursement Date as set forth in a established by notice to the Bank from the Borrower conforming to the requirements of Section 2.2.1 by crediting the Borrower's general any deposit account of the Borrower with the Bank (as specified by the Borrower from time to time) in the amount of such Revolving Loan, provided, however, that the Bank shall not be so obligated if:

Appears in 1 contract

Samples: Revolving Credit Loan Agreement (Manatron Inc)

Bank Obligations. The Bank agrees to make the Revolving Loan on the ---------------- Disbursement Date as set forth in a established by notice to the Bank from the Borrower conforming to the requirements of Section 2.2.1 by crediting the deposit account of Borrower with Bank specified in Borrower's general deposit account with the Bank Telephone and Facsimile Authorization in the amount of such Revolving Loan, provided, however, that the Bank shall not be so obligated if:

Appears in 1 contract

Samples: Revolving Credit Loan Agreement (Symmetricom Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.