Common use of Disbursement to the Borrower Clause in Contracts

Disbursement to the Borrower. All RC Loans made available to the Administrative Agent in accordance with Section 1.01(c) shall be disbursed by the Administrative Agent not later than 3:00 p.m. (New York time) on the requested date therefor in Dollars in funds immediately available to the Borrower by credit to an account of the Borrower at the Administrative Agent's Office or in such other manner as may have been specified in the applicable notice and as shall be acceptable to the Administrative Agent.