Disbursement of the Loan. Subject to the terms hereof, Bank will credit the proceeds of the Loan advanced from time to time to Borrower's deposit account with Bank or, at Bank's discretion, to other depository accounts designated by Borrower.
Appears in 2 contracts
Samples: Loan Agreement (United Development Funding IV), Loan Agreement (United Development Funding IV)
Disbursement of the Loan. Subject to the terms hereof, Bank will credit the proceeds of the revolving Loan advanced from time to time to the Borrower's deposit account with the Bank or, at Bank's discretion, to other depository accounts designated by Borrower.
Appears in 2 contracts
Samples: Revolving Loan Agreement (United Development Funding IV), United Development Funding IV
