Example ContractsClausesDisbursement of Advance Proceeds
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All Advances shall be disbursed from whichever office or other place may designate from time to time and, together with any and all other Obligations of to or Lenders, shall be charged to ' Account on 's books. During the Term,

Full Disbursement of Proceeds. The Mortgage Loan has been closed and, except with respect to, HECM Loans, Homestyle Renovation Mortgage Loans or HomePath Renovation Mortgage Loans, the proceeds of the Mortgage Loan have been fully disbursed and there is no requirement for future advances thereunder, and any and all requirements as to completion of any on site or off site improvement and as to disbursements of any escrow funds therefor have been complied with. With respect to HomeStyle Renovation Mortgage Loans and HomePath Renovation Mortgage Loans, has made all advances and disbursements in accordance with the terms of the Mortgage and/or the terms and conditions of the related

Advance. During the Term of this Agreement, Manager shall make advances to Provider which Manager, in the exercise of its sole discretion, deems necessary for the payment of Provider Expenses and the Management Fee, and Manager shall be repaid such advances, without interest, at such time as there are sufficient funds for repayment.

Disbursement. On the Closing Date, assuming all of the terms and conditions set forth in [Section 3.2] have been satisfied by the Company and the Company has executed and delivered to each of the this Agreement and any other related documents in form and substance reasonably satisfactory to the , each Purchaser shall disburse to the Company in immediately available funds the Subordinated Note Amount set forth on each Purchaser’s respective signature page hereto in exchange for an electronic securities entitlement through the facilities of DTC in accordance with the Applicable Procedures in the Subordinated Note with a principal amount equal to such Subordinated Note Amount (the “Disbursement”). The Company will deliver to the Paying Agent a global certificate representing the Subordinated Notes (the “Global Note”) registered in the name of Cede & Co., as nominee for DTC.

Form of Advance for the disbursement of each Advance;

Advance Request. shall submit an Advance Request in accordance with [Section 2.17(d)], provided that in no event shall submit an Advance Request more than once in any thirty (30) day period (and, for the avoidance of doubt, each Advance Request shall contain a request for all items requested by for such thirty (30) day period).

Interest Advance. A portion of the Loan specified in the Project Budget (the “Interest Advance”) has been reserved for payments of interest as it accrues and becomes due and payable on the Loan. The Interest Advance shall not be disbursed for any purpose other than the payment of interest on the Loan unless otherwise agreed to by in its sole and absolute discretion. Subject to the provisions of [Section 2.20(b)], shall advance portions of the Interest Advance directly to itself to satisfy obligations for the payment of interest under the Note from time to time as the same become due and payable.

Advance Requests. may request that make an Advance by delivering to an Advance Request therefor and shall be entitled to rely on all the information provided by to on or with the Advance Request. The may honor Advance Requests, instructions or repayments given by the (if an individual) or by any Authorized Person.

Use of Proceeds. The Company will use the Net Proceeds as described in the Prospectus in the section entitled “Use of Proceeds.”

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Use of Proceeds. The Seller, on behalf of itself and of each of its Affiliated Funds, hereby covenants and agrees for the benefit of the Purchaser, that none of the Seller and any Affiliated Fund or any other affiliate of the foregoing shall use, or permit the use of, any of the proceeds from the Securities Sale, or any proceeds received in connection with a Divestment of any Consideration Share, in connection with, either directly or indirectly, funding the business of any Credit Party if the business of any such Credit Party is not being conducted in compliance with applicable law, including the Controlled Substances Act.

Use of Proceeds. Except as set forth on [Schedule 4.7] attached hereto, the Company will apply the net proceeds from the sale of the Securities to be sold by it hereunder for the purposes set forth in the Prospectus Supplement and shall not use such proceeds: # for the satisfaction of any portion of the Company’s debt (other than payment of trade payables in the ordinary course of the Company’s business and prior practices), # for the redemption of any Common Stock or Common Stock Equivalents, # for the settlement of any outstanding litigation or # in violation of FCPA or OFAC regulations.

Use of Proceeds. shall not knowingly use the proceeds of any Transaction hereunder to # pay any obligation of or amounts due to any Affiliate of , # purchase any assets from or any assets financed by any Affiliate of ; or # purchase any securities issued by any Affiliate of .

Use of Proceeds. The Company will, and will cause each Subsidiary to, use the proceeds of the Advances for the Company’s general corporate purposes, including to finance the Borrowers’ and their Subsidiaries’ working capital needs, and for Permitted Acquisitions; provided that:

Application of Proceeds. The Administrative Agent shall apply all proceeds of Collateral to be applied to the Secured Obligations in accordance with the Collateral Documents in the following order:

Use of Proceeds. The proceeds of the Loans shall be used for general domestic corporate purposes. Borrower agrees it shall not Transfer any proceeds of the Loans or make any Investment with proceeds of the Loans to a Subsidiary that is not organized under the laws of the United States.

The proceeds of the Original Tranche B Loans shall be used to pay outstanding obligations of the Borrower and its Subsidiaries under the Existing Credit Facility and fees and expenses relating to the Transactions, to provide working capital and for other general corporate purposes of the Borrower and its Subsidiaries.

Use of Proceeds. Use the proceeds of the Loans for purposes other than as specified in [Section 4.23] or use any part of the proceeds of Loans for any purpose which violates, or is inconsistent with, Regulations T, U, or X.

Application of Proceeds. From and during the continuance of any Event of Default (other than any Specified Default during the Forbearance Period), any monies or property actually received by the Administrative Agent pursuant to this Agreement or any other Loan Document, the exercise of any rights or remedies under any Security Document or any other agreement with any Loan Party which secures any of the Obligations (collectively, the “Default Proceeds”), may, at the option of shall be applied by the Administrative Agent (as directed by the Majority ), be applied in the following order:

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