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HomeMy WebLinkAboutAlexis Manufacturing 50% payment - $5,430.50 The National Bank of Indianapolis hereby is instructed to make a disbursement of Loan Proceeds from the Borrower Loan Account to (or for the account of) Borrower in: (a) the amount of the "Total Authorized Disbursement" line in the "Amount of Authorized Disbursement" column below; and (b) accordance with the terms and conditions of the Agreement, the other Loan Documents, and the Disbursement Instructions. Purpose of Authorized Disbursement Amount of Authorized Disbursement Amount to be paid by Carmel Theater Development as per the Seating installment purchase contract 50%payment(Alexis Manufacturing) June 2011 $ 5,430.50 Total Authorized Disbursement $ 5,430.50 All terms used in these Disbursement Instructions without definition shall have the meanings ascribed thereto in that certain Loan Agreement (Equipment and Improvements), dated February 23, 2010, by and between The Nation I Bank of Indianapolis and Carmel Theater Development Company, LLC. Dated: to Ae CITY OF CARMEL REDEVELOPMENT COMMISSION By: jill Les S. Olds Printed: Executive Director Title: