Common use of Procedure for Loans Clause in Contracts

Procedure for Loans. Each request for a borrowing of Loans hereunder shall be made to Laurus in writing by the Company no later than 12:00 noon (New York time) on a day that is one (1) Business Day prior to the date of such requested borrowing. Together with each request for a Loan (or at such other intervals as Laurus may request), Company shall deliver to Laurus a Borrowing Base Certificate in the form of Exhibit A, which shall be certified as true and correct by the Chief Executive Officer or Chief Financial Officer of Company together with all supporting documentation relating thereto. All Loans shall be disbursed from whichever office or other place Laurus may designate from time to time and shall be charged to Company's account on Laurus' books. The proceeds of each Loan made by Laurus shall be made available to Company on the Business Day following the Business Day so requested in accordance with the terms of this Section 4 by way of credit to Company's operating account maintained with such bank as Company designated to Laurus. Any and all Obligations due and owing hereunder may be charged to Company's account and shall constitute Loans.

Procedure for Loans. Each Company may by written notice request for a borrowing of Loans hereunder shall be made prior to Laurus in writing by the Company no later than 12:00 noon p.m.. (New York time) on a day that is one (1) the Business Day prior of its request to incur, on the date of such requested borrowingnext business day, a Loan but no more than twice per week. Together with each request for a Loan (or at such other intervals as Laurus may request), Company shall deliver to Laurus a Borrowing Base Certificate in the form of Exhibit A, which shall be certified as true and correct by the Chief Executive Officer or Chief Financial Officer of Company together with all supporting documentation relating thereto. All Loans shall be disbursed from whichever office or other place Laurus may designate from time to time and shall be charged to Company's account on Laurus' books. The proceeds of each Loan made by Laurus shall be made available to Company on the Business Day following the Business Day so requested in accordance with the terms of this Section 4 by way of credit to Company's operating account maintained with such bank as Company designated to Laurus. Any and all Obligations due and owing hereunder may be charged to Company's account and shall constitute Loans.

Procedure for Loans. Each Company Agent on behalf of any Company may by written notice request for a borrowing of Loans hereunder shall be made prior to Laurus in writing by the Company no later than 12:00 noon p.m. (New York time) on a day that is one (1) the Business Day prior of its request to incur, on the date of such requested borrowingnext Business Day, a Loan. Together with each request for a Loan (or at such other intervals as Laurus may request), Company Agent shall deliver to Laurus a Borrowing Base Certificate in the form of Exhibit A, which shall be certified as true and correct by the President, Chief Executive Officer or Chief Financial Officer of Company Companies together with all supporting documentation relating thereto. All Loans shall be disbursed from whichever office or other place Laurus may designate from time to time and shall be charged to Company's Companies' account on Laurus' books. The proceeds of each Loan made by Laurus shall be made available to Company Companies on the Business Day following the Business Day so requested in accordance with the terms of this Section 4 by way of credit to Company's Companies' operating account maintained with such bank as Company Companies designated to Laurus. Any and all Obligations due and owing hereunder may be charged to Company's Companies' account and shall constitute Loans.

Procedure for Loans. Each In addition to the Loans funded on the Closing Date pursuant to Section 2(a)(i), the Company may by written notice request for a borrowing additional borrowings of Loans hereunder shall be made under the Revolving Note prior to Laurus in writing by the Company no later than 12:00 noon p.m. (New York time) on a day that is one (1) the Business Day prior of its request to incur, on the date of such requested borrowingnext business day, a Loan. Together with each request for a Loan (or at such other intervals as Laurus may request, but in any event not more often than once per week), Company shall deliver to Laurus a Borrowing Base Certificate in the form of Exhibit A, which shall be certified as true and correct by the Chief Executive Officer or Chief Financial Officer of Company together with all supporting documentation relating thereto. All Loans shall be disbursed from whichever office or other place Laurus may designate from time to time and shall be charged to Company's account on Laurus' books. The proceeds of each Loan made by Laurus shall be made available to Company on the Business Day following the Business Day so requested in accordance with the terms of this Section 4 by way of credit to Company's operating account maintained with such bank as Company designated to Laurus. Any and all Obligations due and owing hereunder may be charged to Company's account and shall constitute LoansLoans under the Notes, as applicable.