Disbursement Instructions Sample Clauses

Disbursement Instructions. The Administrative Agent shall have received Loan Requests and disbursement instructions from the Borrower with respect to the proceeds of the Loans to be made on the Funding Date.

Disbursement Instructions. Borrower understands that no loan proceeds will be disbursed until all of Lender's conditions for making the loan have been satisfied. Please disburse the loan proceeds of $1,503,985.26 as follows: AMOUNT PAID ON BORROWER'S ACCOUNT: $1,503,985.26 $1,503,985.26 Payment on Loan # 3400069949 ------------- NOTE PRINCIPAL: $1,503,985.26 FINANCIAL CONDITION. BY SIGNING THIS AUTHORIZATION, BORROWER REPRESENTS AND WARRANTS TO LENDER THAT THE INFORMATION PROVIDED ABOVE IS TRUE AND CORRECT AND THAT THERE HAS BEEN NO MATERIAL ADVERSE CHANGE IN BORROWER'S FINANCIAL CONDITION AS DISCLOSED IN BORROWER'S MOST RECENT FINANCIAL STATEMENT TO LENDER. THIS AUTHORIZATION IS DATED JUNE 7,1999. BORROWER: BIOSOURCE TECHNOLOGIES, INC. By: Robe▇▇ ▇. ▇▇▇▇▇ By: Mich▇▇▇ ▇. ▇▇▇▇▇▇▇ -------------------------------------- ------------------------------ ROBE▇▇ ▇. ▇▇▇▇▇, ▇▇AIRMAN OF THE BOARD MICH▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇EASURER. PROMISSORY NOTE ================================================================================ PRINCIPAL LOAN DATE MATURITY LOAN NO CALL COLLATERAL ACCOUNT OFFICER INITIALS $640,895.40 02-07-2000 10-01-2001 0002 04A0 210 894071 282475 References in the shaded area are for Lender's use only and do not limit the applicability of this document to any particular loan or item. Any item above containing "***" has been omitted due to text length limitations. BORROWER: LARGE SCALE BIOLOGY CORPORATION FORMERLY KNOWN AS LENDER: BANK OF THE WEST BIOSOURCE TECHNOLOGIES, INC. NORT▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ #▇▇▇ 3333 ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, SUITE #1000 1651 ▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇ SACR▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ (800) ▇▇▇-▇▇▇▇

Disbursement Instructions. Borrower understands that no loan proceeds will be disbursed until all of Lender's conditions for making the loan have been satisfied. Please disburse the loan proceeds of $500,000.00 as follows:

Disbursement Instructions. (a) Settlement Class Counsel may, without further order of the Court or authorization by the Settling Universities’ Counsel, instruct the Second Tranche 568 Custodian/Escrow Agent to disburse the funds necessary to pay Notice and Administration Expenses. (b) Disbursements other than those described in paragraph 7(a), including disbursements for distribution of Settlement Class Settlement Funds, must be authorized by either (i) an order of the Court, or (ii) the written direction of Settlement Class Counsel, namely ▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, and ▇▇▇▇▇▇ ▇▇▇▇▇▇▇. (c) In the event funds transfer instructions are given (other than in writing at the time of execution of this Second Tranche 568 Custodian/Escrow Agreement), whether in writing, by facsimile, e-mail, telecopier or otherwise, the Second Tranche 568 Custodian/Escrow Agent will seek confirmation of such instructions by telephone call back when new wire instructions are established to the person or persons designated in subparagraphs (a) and (b) above only if it is reasonably necessary, and the Second Tranche 568 Custodian/Escrow Agent may rely upon the confirmations of anyone purporting to be the person or persons so designated. It will not be reasonably necessary to seek confirmation if the Second Tranche 568 Custodian/Escrow Agent receives written letters authorizing a disbursement from each of the law firms required in subparagraphs (a) and (b), as applicable, on their letterhead and signed by one of the persons designated in subparagraphs (a) and (b). To assure accuracy of the instructions it receives, the Second Tranche 568 Custodian/Escrow Agent may record such call backs. If the Second Tranche 568 Custodian/Escrow Agent is unable to verify the instructions, or is not satisfied with the verification it receives, it shall not execute the instruction until all issues have been resolved. The persons and telephone numbers for call backs may be validly changed only in a writing that (i) is signed by the party changing its notice designations, and (ii) is received and acknowledged by the Second Tranche 568 Custodian/Escrow Agent. Settlement Class Counsel will notify the Second Tranche 568 Custodian/Escrow Agent of any errors, delays or other problems within 30 days after receiving notification that a transaction has been executed. If it is determined that the transaction was delayed or erroneously executed as a result of the Second Tranche 568 Custodian/Escrow Agent’s error, the Second Tranche 568...

Disbursement Instructions. The Agent shall have received disbursement instructions from the Borrower with respect to the proceeds of the initial Revolving Credit Loan.

Disbursement Instructions. Borrower understands that no loan proceeds will be disbursed until all of Bank's conditions for making the loan have been satisfied. Please disburse the loan proceeds as follows: Revolving Advance Equipment/Leasehold ----------------- ------------------- Amount paid to Borrower directly: Undisbursed Funds Principal CHARGES PAID IN CASH. Borrower has paid or will pay in cash as agreed the following charges: Charges Paid in Cash: $ ---- $TBD UCC Search Fees $TBD UCC Filing Fees $TBD Patent Filing Fees $TBD Trademark Filing Fees $TBD Copyright Filing Fees $TBD Outside Counsel Fees and Expenses (Estimate) AUTOMATIC PAYMENTS. Borrower hereby authorizes Bank automatically to deduct from Borrower's account numbered ______ the amount of any loan payment. If the funds in the account are insufficient to cover any payment, Bank shall not be obligated to advance funds to cover the payment. FINANCIAL CONDITION. BY SIGNING THIS AUTHORIZATION, BORROWER REPRESENTS AND WARRANTS TO BANK THAT THE INFORMATION PROVIDED ABOVE IS TRUE AND CORRECT AND THAT THERE HAS BEEN NO ADVERSE CHANGE IN BORROWER'S FINANCIAL CONDITION AS DISCLOSED IN BORROWER'S MOST RECENT FINANCIAL STATEMENT TO BANK. THIS AUTHORIZATION IS DATED AS OF JULY 2, 1997.

Disbursement Instructions. Borrower understands that no loan proceeds will be disbursed until all of Bank's conditions for making the loan have been satisfied. Please disburse the loan proceeds as follows: Revolving Line -------------- Amount paid to Borrower directly: $ -------- Undisbursed Funds $ -------- Principal $ -------- CHARGES PAID IN CASH. Borrower has paid or will pay in cash as agreed the following charges:

Disbursement Instructions. The Purchasers shall have received written instructions from the Company to the Purchasers directing the payment of the purchase price to be paid on the Closing Date.

Disbursement Instructions. 57 13. CONDITIONS TO ALL BORROWINGS. .................................................................57 13.1. Representations True; No Event of Default. .........................................58 13.2. No Legal Impediment. ...............................................................58 13.3.