Common use of Disbursement of Loan Clause in Contracts

Disbursement of Loan. 4.1 We will disburse the Loan amount, less the agreement fee specified in the Service Agreement, within the term set out in the Price List after the entry into force of the Service Agreement. 4.2 The Loan amount will be paid to a current account opened in Your name in an Estonian credit institution or in the Estonian branch of a foreign credit institution. 4.3 We have the right to refuse to disburse the Loan if even one of the following circumstances occurs: 4.3.1 You have not submitted to Us the required documents or information or You have submitted false documents or information; 4.3.2 Your identity or the correctness of the submitted documents needs further verification; 4.3.3 the essential circumstances serving as the basis for the disbursement of the Loan have changed (and thereby Your creditworthiness has deteriorated).