Common use of Disbursement Clause in Contracts

Disbursement. Lender shall disburse the proceeds of each Loan by wire transfer to Borrower at the account specified in the Funding Certificate for the Loan.

Appears in 11 contracts

Sources: Venture Loan and Security Agreement (Xtera Communications, Inc.), Venture Loan and Security Agreement (Singulex Inc), Venture Loan and Security Agreement (Pharmasset Inc)

Disbursement. Lender shall disburse the proceeds of each the Loan by wire transfer to Borrower at the account specified in the Funding Certificate for the Loan.

Appears in 9 contracts

Sources: Venture Loan and Security Agreement, Venture Loan and Security Agreement (Tengion Inc), Venture Loan and Security Agreement (eXegenics Inc)

Disbursement. Lender shall disburse the proceeds of each Loan by wire transfer to Borrower at the account specified in the Funding Certificate for the such Loan.

Appears in 8 contracts

Sources: Venture Loan and Security Agreement (Kodiak Robotics, Inc.), Venture Loan and Security Agreement (IMV Inc.), Venture Loan and Security Agreement (CVRx, Inc.)

Disbursement. Lender Lenders shall disburse the proceeds of each Loan by wire transfer to Borrower at the account specified in the Funding Certificate for the such Loan.

Appears in 8 contracts

Sources: Loan and Security Agreement (D-Wave Quantum Inc.), Venture Loan and Security Agreement (D-Wave Quantum Inc.), Venture Loan and Security Agreement (eASIC Corp)

Disbursement. Lender Lenders shall disburse the proceeds of each Loan by wire transfer to Borrower at the account specified in the Funding Certificate for the Loan.

Appears in 4 contracts

Sources: Venture Loan and Security Agreement (Inotek Pharmaceuticals Corp), Venture Loan and Security Agreement (Inotek Pharmaceuticals Corp), Venture Loan and Security Agreement (Entropic Communications Inc)

Disbursement. Each Lender shall disburse the proceeds of each its Loan by wire transfer to Borrower at the account specified in the Funding Certificate for the LoanLoans.

Appears in 3 contracts

Sources: Venture Loan and Security Agreement, Venture Loan and Security Agreement (Ambit Biosciences Corp), Venture Loan and Security Agreement (Ambit Biosciences Corp)

Disbursement. Lender Lenders shall disburse the proceeds of each Loan by wire transfer to Borrower Co-Borrowers at the account account(s) specified in the Funding Certificate for the such Loan.

Appears in 3 contracts

Sources: Venture Loan and Security Agreement (Environmental Impact Acquisition Corp), Venture Loan and Security Agreement (Stealth BioTherapeutics Corp), Venture Loan and Security Agreement (Cerecor Inc.)

Disbursement. Each Lender shall disburse the proceeds of each its Loan by wire transfer to Borrower at the account specified in the Funding Certificate for the such Loan.

Appears in 2 contracts

Sources: Venture Loan and Security Agreement (Northstar Neuroscience, Inc.), Venture Loan and Security Agreement (Sunesis Pharmaceuticals Inc)

Disbursement. Lender shall disburse the proceeds of each Loan by wire transfer to Borrower Representative at the account specified in the Funding Certificate for the such Loan.

Appears in 2 contracts

Sources: Venture Loan and Security Agreement (Catasys, Inc.), Venture Loan and Security Agreement (Catasys, Inc.)

Disbursement. Lender shall disburse the proceeds of each Loan by wire transfer to Borrower Co-Borrowers at the account specified in the Funding Certificate for the such Loan.

Appears in 2 contracts

Sources: Venture Loan and Security Agreement (Castle Creek Biosciences, Inc.), Venture Loan and Security Agreement (Mohawk Group Holdings, Inc.)

Disbursement. Lender shall disburse the proceeds of each Loan by wire transfer to Borrower at the account specified in the Funding Certificate Loan Agreement Supplement for the relevant Loan.

Appears in 1 contract

Sources: Equipment Loan and Security Agreement (Anadys Pharmaceuticals Inc)

Disbursement. Lender Lenders shall disburse the proceeds of each Loan by wire transfer to (i) pay deductions as set forth in the Funding Certificate for such Loan and (ii) the remainder to Borrower at the account specified in the Funding Certificate for the such Loan.

Appears in 1 contract

Sources: Loan and Security Agreement (MAP Pharmaceuticals, Inc.)

Disbursement. Lender shall disburse the proceeds of each such Loan by wire transfer to Borrower at the account specified in the Funding Certificate Loan Agreement Supplement for the relevant Loan.

Appears in 1 contract

Sources: Equipment Loan and Security Agreement (Nuvasive Inc)

Disbursement. Lender shall disburse the proceeds of each the Loan by wire transfer to Borrower at the account specified in the Funding Certificate for the such Loan.

Appears in 1 contract

Sources: Venture Loan and Security Agreement (Interleukin Genetics Inc)

Disbursement. Each Lender shall disburse its portion of the proceeds of each the Loan by wire transfer to Borrower at the account specified by Borrower Representative in the Funding Certificate for the Loan.

Appears in 1 contract

Sources: Venture Loan and Security Agreement (Satcon Technology Corp)

Disbursement. Lender shall disburse the proceeds of each the Loan by wire transfer to Borrower Borrowers at the account specified in the Funding Certificate for the Loan.

Appears in 1 contract

Sources: Venture Loan and Security Agreement (Everyday Health, Inc.)

Disbursement. Lender Lenders shall disburse the proceeds of each Loan by wire transfer to Borrower Co-Borrowers at the account specified in the Funding Certificate and Loan Payment/Advance Request Form for the such Loan.

Appears in 1 contract

Sources: Venture Loan and Security Agreement (vTv Therapeutics Inc.)