Disbursements and Payments. (a) Each payment by the Borrower will be made in U.S. Dollars and immediately available funds by direct debit to a deposit account as specified below. (b) Each disbursement by the Bank and each payment by the Borrower will be evidenced by records kept by the Bank. In addition, the Bank may, at its discretion, require the Borrower to sign one or more promissory notes.
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Sources: Loan Agreement (Point.360), Loan Agreement (Point 360), Loan Agreement (Point 360)
Disbursements and Payments. (a) Each payment by the Borrower will be made in U.S. Dollars and immediately available funds by direct debit to a deposit account as specified below or, for any payment not subject to direct debit as specified below, by mail to the address shown on the Borrower's statement or at one of the Bank's banking centers in the United States.
(b) Each disbursement by the Bank and each payment by the Borrower will be evidenced by records kept by the Bank. In addition, the Bank may, at its discretion, require the Borrower to sign one or more promissory notes.
Appears in 1 contract
Sources: Business Loan Agreement (California Water Service Group)
Disbursements and Payments. (a) Each payment by the Borrower will be made in U.S. Dollars and immediately available funds by direct debit to a the Borrower’s deposit account as specified belowor by mail to the address shown on the Borrower’s statement or at one of the Bank’s banking centers in the United States.
(b) Each disbursement by the Bank and each payment by the Borrower will be evidenced by records kept by the Bank. In addition, the Bank may, at its discretion, require the Borrower to sign one or more promissory notes.
Appears in 1 contract
Disbursements and Payments. (a) Each payment by the Borrower will be made in U.S. Dollars and immediately available funds by direct debit to a deposit account as specified belowbelow or by mail to the address shown on the Borrower’s statement or at one of the Bank’s banking centers in the United States.
(b) Each disbursement by the Bank and each payment by the Borrower will be evidenced by records kept by the Bank. In addition, the Bank may, at its discretion, require the Borrower to sign one or more promissory notes.
Appears in 1 contract
Disbursements and Payments. (a) Each payment by the Borrower will be made in U.S. Dollars and immediately available funds by direct debit to a deposit account as specified belowbelow or, for payments not required to be made by direct debit, by mail to the address shown on the Borrower's statement or at one of the Bank's banking centers in the United States.
(b) Each disbursement by the Bank and each payment by the Borrower will be evidenced by records kept by the Bank. In addition, the Bank may, at its discretion, require the Borrower to sign one or more promissory notes.
Appears in 1 contract
Disbursements and Payments. (a) Each payment by the Borrower will be made in U.S. Dollars and immediately available funds by direct debit mail to a deposit account as specified belowthe address shown on the Borrower’s statement or at one of the Bank’s banking centers in the United States.
(b) Each disbursement by the Bank and each payment by the Borrower will be evidenced by records kept by the Bank. In addition, the Bank may, at its discretion, require the Borrower to sign one or more promissory notes.
Appears in 1 contract
Sources: Loan Agreement (Natco Group Inc)
Disbursements and Payments. (a) Each payment by the Borrower will be made in U.S. Dollars and immediately available funds as reasonably specified by direct debit to a deposit account as specified belowthe Lender.
(b) Each disbursement by the Bank Lender and each payment by the Borrower will be evidenced by records kept by the BankLender. In addition, the Bank Lender may, at its discretion, require the Borrower to sign one or more promissory notes.
Appears in 1 contract
Sources: Revolving Credit Agreement (Puradyn Filter Technologies Inc)
Disbursements and Payments. (a) Each payment by the Borrower will be made in U.S. Dollars and immediately available funds by direct debit wire transfer to a deposit an account as specified belowdesignated by Bank or by mail to the address shown on Borrower’s statement or at one of Bank’s banking centers in the United States.
(b) Each disbursement by the Bank and each payment by the Borrower will be evidenced by records kept by the Bank. In addition, the Bank may, at its discretion, require the Borrower to sign one or more promissory notes.
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Disbursements and Payments. (a) Each payment by the Borrower Borrowers will be made in U.S. Dollars and immediately available funds by direct debit to a deposit account as specified below.
(b) Each disbursement by the Bank will be made in U.S. Dollars and each payment by the Borrower Borrowers will be evidenced by records kept by the Bank. In addition, the Bank may, at its discretion, require the Borrower Borrowers to sign one or more promissory notes, in accordance with the terms of this Agreement.
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