Common use of Making Line Advances Clause in Contracts

Making Line Advances. Each Advance shall be conclusively deemed to have been made at the request of and for the benefit of the Borrower (i) when credited to any deposit account of the Borrower maintained with the Bank or (ii) when paid in accordance with the Borrower’s written instructions. Subject to the requirements of Section 3 and provided such request is made in a timely manner as provided in Section 2.1.5 below, Advances shall be made by the Bank under the Line of Credit .

Appears in 1 contract

Sources: Credit Agreement (Cheesecake Factory Incorporated)

Making Line Advances. Each Advance shall be conclusively deemed to have been made at the request of and for the benefit of the any Borrower (i) when credited to any deposit account of the either Borrower maintained with the Bank or (ii) when paid in accordance with the such Borrower’s 's written instructions. Subject to the requirements of Section 3 and provided such request is made in a timely manner as provided in Section 2.1.5 below, Advances shall be made by the Bank under the Line of Credit .

Appears in 1 contract

Sources: Credit Agreement (Osi Systems Inc)

Making Line Advances. Each Advance shall be conclusively deemed to have been made at the request of and for the benefit of the Borrower (i) when credited to any deposit account of the Borrower maintained with the Bank or (ii) when paid in accordance with the Borrower’s written instructions. Subject to the requirements of Section 3 hereof and provided such request is made in a timely manner as provided in Section 2.1.5 belowhereof, Advances shall be made by the Bank under the Line of Credit Credit.

Appears in 1 contract

Sources: Credit Agreement (Ixys Corp /De/)