Community banks serve companies and consumers throughout the nation. After Agents receipt of the proceeds of such Revolving Loans, Agent shall make the proceeds of such Revolving Loans out there to Debtors on the relevant Funding Date by transferring same day funds equal to the proceeds of such Revolving Loans received by Agent to the account of Debtors, designated in writing by Borrowers and acceptable to Agent; provided, however, that the amount of Revolving Loans so made on any date shall in no event exceed the Extra Availability on such date.
(g) Making of Revolving Loans. To advise the EME Regional Consultant on all aspects of strategic financial administration for EME, sustaining an overview of key monetary points together with the financial viability of the places of work and their work. I have by no means overdrafted from my bank account but made a whopper of an error, inflicting my check to Regional Finance to be declined.
Such statement shall be deemed correct, correct, and binding on Debtors and an account stated (aside from reversals and reapplications of funds made as provided in Paragraph 2.four and corrections of errors found by Agent), except Borrowers notify Agent in writing on the …Read More