Allocations and Reallocations of Financing Proceeds. (a) A Financing Agreement may allocate the amount of the Financing to categories of Eligible Expenditures and specify the percentages of such Eligible Expenditures to be financed by the Financing.
Allocations and Reallocations of Financing Proceeds. A Financing Agreement may allocate the amount of the Financing to categories of Eligible Expenditures and specify the percentages of such Eligible Expenditures to be financed by the Financing. The Fund shall monitor the uses of the Financing in order to determine when the allocation to a category has been depleted or is about to be depleted. If the Fund determines that the amount of the Financing allocated in the Financing Agreement to a category of Eligible Expenditures is or will be insufficient, the Fund may, by notice to the Borrower/Recipient: reallocate to such category amounts of the Financing allocated to another category to the extent required to meet the estimated shortfall; and/or if such reallocation will not fully meet the estimated shortfall, reduce the percentage of such Eligible Expenditures to be financed by the Financing.
