Notice, Frequency and Place of Disbursements Sample Clauses

Notice, Frequency and Place of Disbursements. The Certificate for Payment shall be submitted to Lender at least ten (10) business days prior to the date of the requested advance. Disbursements shall be made no more frequently than monthly and in amounts of not less than Twenty Five Thousand Dollars ($25,000). All disbursements shall be made at the principal office of Lender at Dallas, Texas or at such other place as Lender may designate.
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Notice, Frequency and Place of Disbursements. The Advance Request shall be submitted to Administrative Agent at least ten (10) Business Days prior to the date of the requested advance. Disbursements shall be made no more frequently than monthly, except that a second disbursement may be made each month with respect to the following: framing, stucco/plaster, drywall, masonry items, retaining walls, final cleaning, concrete materials and roofing. Disbursements shall be in amounts of not less than $100,000 (except for the final Advance). All disbursements shall be made within ten (10) Business Days after receipt by Administrative Agent of all documentation and information referred to in Section 6.4 hereof (or, if not a Business Day, on the first Business Day following).
Notice, Frequency and Place of Disbursements. At the option of Lender: (i) each Draw Request shall be submitted to Lender at least ten (10) business days prior to the date of the requested advance; (ii) disbursements shall be made no more frequently than monthly; and (iii) all disbursements shall be made at the principal office of Lender or at such other place as Lender may designate. If all of the terms and conditions of this Agreement have been materially complied with to Lender's sole satisfaction and provided that there exists no Event of Default, Lender shall disburse the proceeds of the Loan in accordance with such Draw Requests.
Notice, Frequency and Place of Disbursements. At Lender's option (a) the above said draw request shall be submitted to Lender at least five (5) business days prior to the date of the requested advance, (b) disbursements shall be made no more frequently than monthly, (c) all disbursements shall be made by transfer to Borrower's account at Lender or at such other place as Lender may designate from time to time.
Notice, Frequency and Place of Disbursements. Borrower shall submit a complete Request for Advance to Bank each month at least five business days before the date the disbursement is required. Bank shall make disbursements no more frequently than monthly.
Notice, Frequency and Place of Disbursements. The Certificate for Payment shall be submitted to Lender at least ten (10) business days prior to the date of the requested advance. Disbursements shall be no more frequently than monthly and, except for the final advance hereunder, in amounts of not less than Fifty Thousand Dollars ($50,000). All disbursements shall be made at the principal office of Lender in Chicago, Illinois, or at such other place as Lender may designate. All disbursements shall be made on the 25th day of a calendar month (or, if not a business day, on the first business day following).
Notice, Frequency and Place of Disbursements. At the option of Lender (i) the above said draw request shall be submitted to Lender at least ten (10) business days prior to the date of the requested advance, (ii) disbursements shall be made no more frequently than monthly at the office of the Lender.
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Notice, Frequency and Place of Disbursements. Each draw request shall be submitted by Borrower to Lender at least three (3) business days prior to the date of the requested advance. Disbursements shall be made no more frequently than weekly. All disbursements shall be made at the principal office of Lender at Chicago, Illinois or at such other place as Lender may designate.
Notice, Frequency and Place of Disbursements. At Lender’s option (a) the above-said Requisition shall be submitted to Lender at least three (3) business days prior to the date of the requested advance, (b) disbursement shall be made no more frequently than bi-monthly, and (c) all disbursements as to the Loan shall be made by transfer to Borrower’s account at Lender or at such other place as Borrower may designate from time to time.
Notice, Frequency and Place of Disbursements. At the option of Lender (i) each Draw Request shall be submitted to Lender at least ten (10) business days prior to the date of the requested advance, (ii) disbursements shall be made no more frequently than monthly, and (iii) all disbursements shall be made at the principal office of Lender or at such other place as Lender may designate. Each request for payment shall be accompanied by waivers of lien satisfactory to Lender covering that part of the Work for which payment or reimbursement is being requested and, if required by Lender, a search prepared by a title company, or by other evidence satisfactory to Lender that there has not been filed with respect to the Property any mechanics’ or other lien or instrument for the retention of title relating to any part of the Work not discharged of record. Additionally, as to final payment for reimbursement of the costs for any personal property covered by the request for payment, Lender shall be furnished with evidence of payment therefor and such further evidence satisfactory to assure Lender of its valid first lien on the personal property, which may be satisfied by the furnishing of an updated title search showing no intervening liens from the date of the most recent updated title search.
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