Disbursement Instructions Sample Clauses
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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 $3,000,000.00 as follows: AMOUNT PAID TO BORROWER DIRECTLY: $3,000,000.00 $3,000,000.00 Deposited to Account #38-0▇▇-▇▇▇* ------------- NOTE PRINCIPAL: $3,000,000.00 CHARGES PAID IN CASH. Borrower has paid or will pay in cash as agreed the following charges: PREPAID FINANCE CHARGES PAID IN CASH: $250.000 Documentation Fee $250.00 ------------- TOTAL CHARGES PAID IN CASH: $250.00 INTERNATIONAL SUB-LIMITS. Subject to conditions and limitations as specified in the Credit Agreement dated March 27, 2000, as it may be revised from time to time. Proceeds are to be available and applied as required for international transactions. DISBURSEMENT PROVISION. *or by Cashier's Check or by wire transfer when advances are requested. AUTOMATIC PAYMENT. Borrower hereby authorizes Lender automatically to deduct from Borrower's account numbered 38-0▇▇-▇▇▇ ▇▇▇ amount of any loan payment. If the funds in the account are insufficient to cover any payment, Lender shall not be obligated to advance funds to cover the payment, 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 MARCH 27, 2000. BORROWER: WEBSIDESTORY, INC. By: /s/ John ▇▇▇▇▇▇▇▇ By: /s/ Mich▇▇▇ ▇▇▇▇▇▇▇▇▇ --------------------------------- ---------------------------------- JOHN ▇▇▇▇▇▇▇▇, ▇▇ESIDENT/CEO MICH▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇P ================================================================================ STATE OF CALIFORNIA UNIFORM COMMERCIAL CODE - FINANCING STATEMENT CHANGE - FORM UCC-2 ---------------------------------------------------------------------------------------------------------------------------- This STATEMENT is presented for filing pursuant to the CALIFORNIA Uniform Commercial Code ---------------------------------------------------------------------------------------------------------------------------- 1. FILE NO. OF ORIG. 1A. DATE OF FILING OF ORIG. 1B. DATE OF ORIG. 1C. PLACE OF FILING ORIG. FINANCING STATEMENT FINANCING STATEMENT FINANCING STATEMENT FINANCING STATEMENT 9924560816 8-23-99 SACRAMENTO -------------------------------------------------------...
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 $95,000.00 as follows: Undisbursed Funds: $ 95,000.00 Amount paid to others on Borrower's $0.00 behalf: ----------- Note Principal: $640,895.40 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 14,1999. BORROWER: BIOSOURCE TECHNOLOGIES, INC. By: /s/ Robe▇▇ ▇. ▇▇▇▇▇ By: /s/ Mich▇▇▇ ▇. ▇▇▇▇▇▇▇ -------------------------------- --------------------------------- ROBE▇▇ ▇. ▇▇▇▇▇, ▇▇ESIDENT MICH▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇EASURER ================================================================================ 77 CORPORATE RESOLUTION TO BORROW ---------------------------------------------------------------------------------------------------------------------- PRINCIPAL LOAN DATE MATURITY LOAN NO CALL COLLATERAL ACCOUNT OFFICER INITIALS $95,000.00 06-18-2000 3400069792 10 111721 274 ---------------------------------------------------------------------------------------------------------------------- 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. ---------------------------------------------------------------------------------------------------------------------- BORROWER: BIOSOURCE TECHNOLOGIES, INC. (TIN: LENDER: SIERRAWEST BANK 77-0▇▇▇▇▇▇ CENTRAL PACIFIC REGION 3333 ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, SUITE #1000 1100 ▇▇▇▇▇ ▇▇. ▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇ FAIR▇▇▇▇▇, ▇▇ ▇▇▇▇▇
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 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.
Disbursement Instructions. (a) Before the Effective Date, the Escrow Agent may, upon written authorization of the undersigned counsel acting jointly, withdraw from the Settlement Fund disbursements sufficient to pay costs and expenses of notice to the Settlement Classes, costs of the Settlement Administrator, and expenses payable by the Escrow Agent on be half of the Settlement Fund. After the Effective Date, such authorization may be granted by a majority of Co-Lead Class Counsel alone. Co-Lead Class Counsel is authorized, after obtaining approval of Defendants’ Counsel, to appoint, and shall appoint, an administrator (and any successors) for the Settlement Fund within the meaning of Treasury Regulation §1.468B-2(k)(3). The Court has appointed Rust Consulting, Inc., as the Settlement Administrator. Co-Lead Class Counsel shall be responsible for assuring that the Settlement Administrator qualifies as an “administrator” of the Settlement Fund within the meaning of Treasury Regulation 1.468B- 2(k)(3) and is performing its duties thereunder. Defendants shall have no responsibility for any fees of the Settlement Administrator, nor shall Defendants have any other liability for or on account of the performance of the Settlement Administrator.
(b) Other than those distributions contemplated herein to pay taxes and costs of notice and administration as described in paragraph 7 a nd subparagraph 8(a) hereof, distributions from the Settlement fund may be made only after the Effective Date, as authorized by Court order. In addition upon the Effective Date, a majority of Co-Lead Class Counsel shall have the authority, in accordance with paragraph 11(g), to appoint a Successor Escrow Agent and direct that all funds be transferred to the Successor Escrow Agent, which Successor Escrow Agent shall not be a Defendant or an affiliate of a Defendant. U pon the Effective Date, Defendants’ interest in the Settlement Fund shall cease in its entirety.
(c) In the event funds transfer instructions are given (other than in writing at the time of execution of this Agreement), whether in writing, by facsimile, e-mail, telecopier or otherwise, Escrow Agent will seek confirmation of such instructions by telephone call back to the person or persons designated in subparagraphs (a) and (b) above only if it is reasonably necessary, and 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 Escrow Agent r...