Common use of Approval of Disbursement Requests; Release of Proceeds Clause in Contracts

Approval of Disbursement Requests; Release of Proceeds. (i) Upon receipt of a Disbursement Request, MCC shall determine the appropriate aggregate amount of the Disbursement permitted for the applicable Disbursement Period based on, among other things, (A) progress achieved under the CDF Implementation Documents, (B) the amount of funds required to complete the Activities described in the Disbursement Request during such Disbursement Period, and (C) the satisfaction, waiver, or deferral of the conditions precedent applicable to the requested Disbursement. (ii) MCC may, in its sole discretion, reject any Disbursement Request completely, or reject or reduce the amount of any Disbursement requested thereunder, based on among other things, (A) any modification made to the CDF Implementation Documents or (B) any of the conditions precedent in Sections 3.3 and 3.4 of this Agreement has not been satisfied, waived, or deferred. (iii) Subject to MCC’s approval of a Disbursement Request, the proceeds of the Disbursement approved thereunder may be transferred, at MCC’s sole election, (A) to a Permitted Account, or (B) directly to a Government Service Provider as payment for goods, works or services in accordance with MCC’s common payment system or any alternate payment system approved by MCC. Payments to Government Service Providers and other expenditures of Grant funding during the relevant Disbursement Period (including amounts transferred directly to a Service Provider) shall be made only as authorized by the Government and certified by the Fiscal Agent, or as otherwise agreed by the Parties, in accordance with the approved CDF Detailed Financial Plan and the standards and procedures set forth in the Interim Fiscal Accountability Plan approved by MCC.

Approval of Disbursement Requests; Release of Proceeds. (i) Upon receipt of a Disbursement Request, MCC shall will determine the appropriate aggregate amount of the Disbursement permitted for the applicable Disbursement Period to be made based on, among other things, (A) the progress achieved under the CDF Implementation DocumentsPlan, (B) the amount of funds required to complete the Activities activities described in the accompanying Periodic Reports during the corresponding Disbursement Request during such Disbursement Period, Period and (C) the satisfaction, waiver, waiver or deferral of the applicable conditions precedent applicable to the requested such Disbursement. (ii) . MCC may, in its sole discretion, reject disapprove any Disbursement Request completely, completely or reject or reduce modify the amount of any Disbursement requested thereunder, below proposed in a Disbursement Request based on among other things, (A) any modification made to the CDF Implementation Documents or (B) its determination of any of the conditions precedent factors set forth in Sections 3.3 and 3.4 of this Agreement has not been satisfied, waived, or deferredSection 3.1(b)(i). (iiiii) Subject to Upon MCC’s approval of a Disbursement Request, the proceeds of the Disbursement approved thereunder may be transferred, at MCC’s sole election, (A) to a Permitted Account, or (B) directly to a Government Service Provider provider as payment for goods, works or services received by MCA-Benin II in accordance with MCC’s common payment system the Common Payment System or any alternate payment system approved by MCC. Payments to Government Service Providers and other ; provided however, that expenditures of Grant funding during the relevant Disbursement Period such proceeds (including amounts transferred directly to a Service Providerprovider) shall be made only as are authorized by MCA-Benin II, and the Government and related payment complies, as certified by the Fiscal Agent, or as otherwise agreed by the Parties, in accordance with the most recently approved CDF Detailed Financial Plan and the standards and procedures set forth in the Interim Fiscal Agent Agreement and the Fiscal Accountability Plan approved by MCCPlan.

Approval of Disbursement Requests; Release of Proceeds. (i) Upon receipt of a Disbursement Request, MCC shall determine the appropriate aggregate amount of the Disbursement Disbursements permitted for the applicable Disbursement Period based on, among other things, : (A) progress achieved under the CDF Implementation Documents, Plan; (B) the amount of funds required to complete the Activities activities described in the accompanying Disbursement Request during such Disbursement Period, ; and (C) the satisfaction, waiver, or deferral of the conditions precedent applicable to the requested DisbursementDisbursements. (ii) MCC may, in its sole discretion, reject any Disbursement Request completely, or reject or reduce the amount of any Disbursement requested thereunder, based on among other things, : (A) any modification made to to, or lack of progress under, the CDF Implementation Documents or Plan; and (B) if any of condition precedent applicable to the conditions precedent in Sections 3.3 and 3.4 of this Agreement requested Disbursements has not been satisfied, waived, or deferred. MCC shall communicate any such rejection or reduction to the Government in writing. (iii) Subject to MCC’s approval of a Disbursement Request, the proceeds of the Disbursement approved thereunder Disbursements may be transferred, at MCC’s sole election, : (A) to a Permitted Account, or ; (B) directly to a Government Service Provider third party as payment for goods, works works, or services received by the Government or the Accountable Entity, as applicable, in accordance with MCC’s common payment system (the “Common Payment System”) or any alternate payment system approved by MCC. Payments to Government Service Providers and other expenditures of Grant funding during the relevant Disbursement Period ; or (including amounts transferred C) directly to a Service Provider) shall be made only an employee of the Accountable Entity (or to the Government, as reimbursement for authorized expenses); provided, however, that any expenditure of such proceeds is authorized by the Government or the Accountable Entity, as applicable, and certified by the Fiscal Agent, or as otherwise agreed by the Parties, in accordance any related payment complies with the most recently approved CDF Detailed Financial Plan and the standards and procedures set forth in the Interim Fiscal Accountability Plan. (iv) Unless MCC agrees otherwise, any Disbursement, or financial commitment involving Grant funding may be made, and a Disbursement Request may be submitted, only if the related expense is provided for in the Detailed Financial Plan approved by MCCand sufficient uncommitted funds exist in the Detailed Financial Plan for that object of expense and for the relevant Disbursement Period.

Approval of Disbursement Requests; Release of Proceeds. (i) Upon receipt of a Disbursement Request, MCC shall agrees to determine the appropriate aggregate amount of the Disbursement permitted for the applicable Disbursement Period to be made based on, among other things, (A) the progress achieved under the CDF Implementation DocumentsPlan, (B) the amount of funds required to complete the Activities activities described in the accompanying Periodic Reports during the corresponding Disbursement Request during such Disbursement Period, Period and (C) the satisfaction, waiver, waiver or deferral of the applicable conditions precedent applicable to the requested such Disbursement. (ii) . MCC may, in its sole discretion, reject disapprove any Disbursement Request completely, or reject completely or reduce the amount of any Disbursement requested thereunder, below that proposed in a Disbursement Request based on among other things, (A) any modification made to the CDF Implementation Documents or (B) its determination of any of the conditions precedent factors set forth in Sections 3.3 and 3.4 of this Agreement has not been satisfied, waived, or deferredSection 3.1(b)(i). (iiiii) Subject to Upon MCC’s approval of a Disbursement Request, the proceeds of the Disbursement approved thereunder may be transferred, at MCC’s sole election, (A) to a Permitted Account, or (B) directly to a Government Service Provider provider as payment for goods, works or services received by MCA-Côte d’Ivoire in accordance with MCC’s common payment system the Common Payment System or any alternate payment system approved by MCC. Payments to Government Service Providers and other ; provided however, that expenditures of Grant funding during the relevant Disbursement Period such proceeds (including amounts transferred directly to a Service Providerprovider) shall be made only as are authorized by MCA-Côte d’Ivoire, and the Government and related payment complies, as certified by the Fiscal Agent, or as otherwise agreed by the Parties, in accordance with the most recently approved CDF Detailed Financial Plan and the standards and procedures set forth in the Interim Fiscal Agent Agreement and the Fiscal Accountability Plan approved by MCCPlan.

Approval of Disbursement Requests; Release of Proceeds. (i) Upon receipt of a Disbursement Request, MCC shall will determine the appropriate aggregate amount of the Disbursement Disbursements permitted for the applicable Disbursement Period based on, among other things, : (A) progress achieved under the CDF Implementation Documents, Plan; (B) the amount of funds required to complete the Activities activities described in the accompanying Disbursement Request during such Disbursement Period, ; and (C) the satisfaction, waiver, or deferral of the conditions precedent applicable to the requested DisbursementDisbursements. (ii) MCC may, in its sole discretion, reject any Disbursement Request completely, or reject or reduce the amount of any Disbursement requested thereunder, based on among other things, : (A) any modification made to, or failure to achieve progress under, the CDF Implementation Documents Plan; or (B) if any of condition precedent applicable to the conditions precedent in Sections 3.3 and 3.4 of this Agreement requested Disbursements has not been satisfied, waived, or deferred. (iii) Subject to MCC’s approval of a Disbursement Request, the proceeds of the Disbursement Disbursements approved thereunder may be transferred, at MCC’s sole election, : (A) to a Permitted Account, or ; (B) directly to a Government Service Provider third party as payment for goods, works works, or services received by the Government or the Accountable Entity, as applicable, in accordance with MCC’s common payment system (the “Common Payment System”) or any alternate payment system approved by MCC. Payments to Government Service Providers and other expenditures of Grant funding during the relevant Disbursement Period ; or (including amounts transferred C) directly to a Service Provider) shall be made only an employee of the Accountable Entity (or to the Government, as reimbursement for authorized expenses of the Accountable Entity); provided, however, that any expenditure of such proceeds is authorized by the Government or the Accountable Entity, as applicable, and certified by the Fiscal Agent, or as otherwise agreed by the Parties, in accordance any related payment complies with the most recently approved CDF Detailed Financial Plan and the standards and procedures set forth in the Interim Fiscal Accountability Plan. (iv) Unless MCC agrees otherwise, any Disbursement, or financial commitment involving Grant funding may be made, and a Disbursement Request may be submitted, only if the related expense is provided for in the Detailed Financial Plan approved by MCCand sufficient uncommitted funds exist in the Detailed Financial Plan for that object of expense and for the relevant Disbursement Period.

Approval of Disbursement Requests; Release of Proceeds. (i) Upon receipt of a Disbursement Request, MCC shall will determine the appropriate aggregate amount of the Disbursement Disbursements permitted for the applicable Disbursement Period based on, among other things, : (A) progress achieved under the CDF Implementation Documents, Plan; (B) the amount of funds required to complete the Activities activities described in the accompanying Disbursement Request during such Disbursement Period, ; and (C) the satisfaction, waiver, or deferral of the conditions precedent applicable to the requested DisbursementDisbursements. (ii) MCC may, in its sole discretion, reject any Disbursement Request completely, or reject or reduce the amount of any Disbursement requested thereunder, based on among other things, : (A) any modification made to, for failure to achieve progress under, the CDF Implementation Documents Plan; or (B) if any of condition precedent applicable to the conditions precedent in Sections 3.3 and 3.4 of this Agreement requested Disbursements has not been satisfied, waived, or deferred. (iii) Subject to MCC’s approval of a Disbursement Request, the proceeds of the Disbursement Disbursements approved thereunder may be transferred, at MCC’s sole election, : (A) to a Permitted Account, or ; (B) directly to a Government Service Provider third party as payment for goods, works works, or services received by the Government or the Accountable Entity, as applicable, in accordance with MCC’s common payment system (the “Common Payment System”) or any alternate payment system approved by MCC. Payments to Government Service Providers and other expenditures of Grant funding during the relevant Disbursement Period ; or (including amounts transferred C) directly to a Service Provider) shall be made only an employee of the Accountable Entity (or to the Government, as reimbursement for authorized expenses of the Accountable Entity); provided, however, that any expenditure of such proceeds is authorized by the Government or the Accountable Entity, as applicable, and certified by the Fiscal Agent, or as otherwise agreed by the Parties, in accordance any related payment complies with the most recently approved CDF Detailed Financial Plan and the standards and procedures set forth in the Interim Fiscal Accountability Plan. (iv) Unless MCC agrees otherwise, any Disbursement, or financial commitment involving Grant funding may be made, and a Disbursement Request may be submitted, only if the related expense is provided for in the Detailed Financial Plan approved by MCCand sufficient uncommitted funds exist in the Detailed Financial Plan for that object of expense and for the relevant Disbursement Period.

Approval of Disbursement Requests; Release of Proceeds. (i) Upon receipt of a Disbursement Request, MCC shall will determine the appropriate aggregate amount of the Disbursement permitted for the applicable Disbursement Period based on, among other things, (A) progress achieved under the CDF Implementation Documents, (B) the amount of funds required to complete the Activities described in the Disbursement Request during such Disbursement Period, and (C) the satisfaction, waiver, or deferral of the conditions precedent applicable to the requested Disbursement. (ii) MCC may, in its sole discretion, reject any Disbursement Request completely, or reject or reduce the amount of any Disbursement requested thereunder, based on among other things, (A) any modification made to the CDF Implementation Documents or (B) any of the conditions precedent in Sections 3.3 and 3.4 of this Agreement has not been satisfied, waived, or deferred. (iii) Subject to MCC’s approval of a Disbursement Request, the proceeds of the Disbursement approved thereunder may be transferred, at MCC’s sole election, (A) to a Permitted Account, or (B) directly to a Government Service Provider as payment for goods, works or services in accordance with MCC’s common payment system or any alternate payment system approved by MCC. Payments to Government Service Providers and other expenditures of Grant funding during the relevant Disbursement Period (including amounts transferred directly to a Service Provider) shall will be made only as authorized by the Government and certified by the Fiscal Agent, or as otherwise agreed by the Parties, in accordance with the approved CDF Detailed Financial Plan and the standards and procedures set forth in the Interim Fiscal Accountability Plan approved by MCC.

Approval of Disbursement Requests; Release of Proceeds. (i) Upon receipt of a Disbursement Request, MCC shall will determine the appropriate aggregate amount of the Disbursement permitted for the applicable Disbursement Period to be authorized based on, among other things, (A) the progress achieved under the CDF Implementation DocumentsPlan, (B) the amount of funds required to complete the Activities activities described in the accompanying Periodic Reports during the corresponding Disbursement Request during such Disbursement Period, Period and (C) the satisfaction, waiver, waiver or deferral of the applicable conditions precedent applicable to the requested such Disbursement. (ii) . MCC may, in its sole discretion, reject disapprove any Disbursement Request completely, or reject completely or reduce the amount of any Disbursement requested thereunder, below that proposed in a Disbursement Request based on among other things, (A) any modification made to the CDF Implementation Documents or (B) its determination of any of the conditions precedent factors set forth in Sections 3.3 and 3.4 of this Agreement has not been satisfied, waived, or deferredSection 3.1(b)(i). (iiiii) Subject to Upon MCC’s approval of a Disbursement Request, the proceeds of the Disbursement MCC Funding approved thereunder therein may be transferred, at MCC’s sole election, (A) to a Permitted Account, or (B) directly to a Government Service Provider provider as payment for goods, works or services received by MCA-El Salvador in accordance with MCC’s common payment system the Common Payment System or any alternate payment system approved by MCC. Payments to Government Service Providers and other ; provided however that expenditures of Grant funding during the relevant Disbursement Period such proceeds (including amounts transferred directly to a Service Providerprovider) shall be made only as are authorized by MCA-El Salvador, and the Government and related payment complies, as certified by the Fiscal Agent, or as otherwise agreed by the Parties, in accordance with the most recently approved CDF Detailed Financial Plan and the standards and procedures set forth in the Interim Fiscal Agent Agreement and the Fiscal Accountability Plan approved by MCCPlan.

Approval of Disbursement Requests; Release of Proceeds. (i) Upon receipt of a Disbursement Request, MCC shall will determine the appropriate aggregate amount of the Disbursement permitted for the applicable Disbursement Period to be made based on, among other things, (A) the progress achieved under the CDF Implementation DocumentsPlan, (B) the amount of funds required to complete the Activities activities described in the accompanying Periodic Reports during the corresponding Disbursement Request during such Disbursement Period, Period and (C) the satisfaction, waiver, waiver or deferral of applicable conditions to such Disbursement. MCC reserves the conditions precedent applicable right to the requested Disbursement. (ii) MCC may, in its sole discretion, reject any Disbursement Request completely, or reject or reduce the amount of any Disbursement requested thereunder, based on among other things, (Abelow that proposed in a Disbursement Request in accordance with this Section 3.1(b) any modification made to the CDF Implementation Documents or (B) any of the conditions precedent in Sections 3.3 and 3.4 of this Agreement has not been satisfied, waived, or deferredSection 3.5. (iiiii) Subject to Upon MCC’s approval of a Disbursement Request, the proceeds of the Disbursement approved thereunder may be transferred, at MCC’s sole election, (A) to a Permitted Account, or (B) directly to a Government Service Provider provider as payment for goods, works or services received by MCA-Malawi in accordance with MCC’s common payment system the Common Payment System or any alternate payment system approved by MCC. Payments to Government Service Providers and other ; provided however, that expenditures of Grant funding during the relevant Disbursement Period such proceeds (including amounts transferred directly to a Service Providerprovider) shall be made only as are authorized by MCA-Malawi, and the Government and related payment complies, as certified by the Fiscal Agent, or as otherwise agreed by the Parties, in accordance with the most recently approved CDF Detailed Financial Plan and the standards and procedures set forth in the Interim Fiscal Agent Agreement and the Fiscal Accountability Plan approved by MCCPlan.

Approval of Disbursement Requests; Release of Proceeds. (i) Upon receipt of a Disbursement Request, MCC shall determine the appropriate aggregate amount of the Disbursement permitted for the applicable Disbursement Period to be authorized based on, among other things, (A) the progress achieved under the CDF Implementation DocumentsPlan, (B) the amount of funds required to complete the Activities activities described in the accompanying Periodic Reports during the corresponding Disbursement Request during such Disbursement Period, Period and (C) the satisfaction, waiver, waiver or deferral of the applicable conditions precedent applicable to the requested such Disbursement. (ii) . MCC may, in its sole discretion, reject disapprove any Disbursement Request completely, or reject completely or reduce the amount of any Disbursement requested thereunder, below that proposed in a Disbursement Request based on among other things, (A) any modification made to the CDF Implementation Documents or (B) its determination of any of the conditions precedent factors set forth in Sections 3.3 and 3.4 of this Agreement has not been satisfied, waived, or deferredSection 3.1(b)(i). (iiiii) Subject to Upon MCC’s approval of a Disbursement Request, the proceeds of the Disbursement approved thereunder may be transferred, at MCC’s sole election, (A) to a Permitted Account, or (B) directly to a Government Service Provider third party as payment for goods, works or services received by MCA-Mongolia in accordance with MCC’s common payment system the Common Payment System or any alternate payment system approved by MCC. Payments to Government Service Providers and other MCC provided however, that expenditures of Grant funding during the relevant Disbursement Period such proceeds (including amounts transferred directly to a Service Providerprovider) shall be made only as are authorized by MCA-Mongolia, and the Government and related payment complies, as certified by the Fiscal Agent, or as otherwise agreed by the Parties, in accordance with the most recently approved CDF Detailed Financial Plan and the standards and procedures set forth in the Interim Fiscal Agent Agreement and the Fiscal Accountability Plan approved by MCCPlan.

Approval of Disbursement Requests; Release of Proceeds. (i) Upon receipt of a Disbursement Request, MCC shall determine the appropriate aggregate amount of the Disbursement permitted for the applicable Disbursement Period to be authorized based on, among other things, (A) the progress achieved under the CDF Implementation DocumentsPlan or any other plan, report, or other document required pursuant to Article II, (B) the amount of funds required to complete the Activities activities described in the accompanying Periodic Reports during the corresponding Disbursement Request during such Disbursement Period, Period and (C) the satisfaction, waiver, waiver or deferral of the applicable conditions precedent applicable to the requested such Disbursement. (ii) . MCC may, in its sole discretion, reject disapprove any Disbursement Request completely, or reject completely or reduce the amount of any Disbursement requested thereunder, below that proposed in a Disbursement Request based on among other things, (A) any modification made to the CDF Implementation Documents or (B) its determination of any of the conditions precedent factors set forth in Sections 3.3 and 3.4 of this Agreement has not been satisfied, waived, or deferredSection 3.1(b)(i). (iiiii) Subject to Upon MCC’s approval of a Disbursement Request, the proceeds of the Disbursement approved thereunder may be transferred, at MCC’s sole election, : (A) to a Permitted Account, ; or (B) directly to a Government Service Provider third-party as payment for goods, works or services received by MCA-Burkina Faso II in accordance with MCC’s common payment system the Common Payment System or any alternate payment system approved by MCC. Payments ; or (C) directly to Government Service Providers and other an employee of MCA-Burkina Faso II (or to the Government, as reimbursement for authorized expenses of MCA-Burkina Faso II) provided however, that expenditures of Grant funding during the relevant Disbursement Period such proceeds (including amounts transferred directly to a Service Providerprovider) shall be made only as are authorized by MCA-Burkina Faso II, and the Government and related payment complies, as certified by the Fiscal Agent, or as otherwise agreed by the Parties, in accordance with the most recently approved CDF Detailed Financial Plan and the standards and procedures set forth in the Interim Fiscal Agent Agreement and the Fiscal Accountability Plan approved by MCCPlan.

Approval of Disbursement Requests; Release of Proceeds. (i) Upon receipt of a Disbursement Request, MCC shall determine the appropriate aggregate amount of the Disbursement permitted for the applicable Disbursement Period to be authorized based on, among other things, (A) the progress achieved under the CDF Implementation Documentson any Project or Activity for which funds are requested, (B) the amount of funds required to complete the Activities activities described in the Disbursement Request during such the corresponding Disbursement Period, and (C) the satisfaction, waiver, waiver or deferral of the applicable conditions precedent applicable to the requested such Disbursement. (ii) . MCC may, in its sole discretion, reject disapprove any Disbursement Request completely, or reject completely or reduce the amount of any Disbursement requested thereunder, below that proposed in a Disbursement Request based on among other things, (A) any modification made to the CDF Implementation Documents or (B) its determination of any of the conditions precedent factors set forth in Sections 3.3 and 3.4 of this Agreement has not been satisfied, waived, or deferredSection 3.1(b)(i). (iiiii) Subject to Upon MCC’s approval of a Disbursement Request, the proceeds of the Disbursement approved thereunder may be transferred, at MCC’s sole election, (A) to a Permitted Account, Account or (B) directly to a Government Service Provider third party via the Common Payment System as payment for goodsamounts owed by MCA-Belize for implementation of the Program; provided however, works or services in accordance with MCC’s common payment system or any alternate payment system approved by MCC. Payments to Government Service Providers and other that expenditures of Grant funding during the relevant Disbursement Period such proceeds (including amounts transferred directly to a Service Providerthird party) shall be made only as are authorized by MCA-Belize, and the Government and related payment complies, as certified by the Fiscal Agent, or as otherwise agreed by the Parties, in accordance with the most recently approved CDF Detailed Financial Plan and the standards and procedures set forth in the Interim Fiscal Agent Agreement and the Fiscal Accountability Plan approved by MCCPlan.

Approval of Disbursement Requests; Release of Proceeds. (i) Upon receipt of a Disbursement Request, MCC shall will determine the appropriate aggregate amount of the Disbursement permitted for the applicable Disbursement Period to be made based on, among other things, (A) the progress achieved under the CDF Implementation DocumentsPlan, (B) the amount of funds required to complete the Activities activities described in the accompanying Periodic Reports during the corresponding Disbursement Request during such Disbursement Period, Period and (C) the satisfaction, waiver, waiver or deferral of applicable conditions to such Disbursement. MCC reserves the conditions precedent applicable right to the requested Disbursement. (ii) MCC may, in its sole discretion, reject any Disbursement Request completely, or reject or reduce the amount of any Disbursement requested thereunder, based on among other things, (Abelow that proposed in a Disbursement Request in accordance with this Section 3.1(b) any modification made to the CDF Implementation Documents or (B) any of the conditions precedent in Sections 3.3 and 3.4 of this Agreement has not been satisfied, waived, or deferredSection 3.5. (iiiii) Subject to Upon MCC’s approval of a Disbursement Request, the proceeds of the Disbursement approved thereunder may be transferred, at MCC’s sole election, (A) to a Permitted Account, or (B) directly to a Government Service Provider provider as payment for goods, works or services received by MCA-Indonesia in accordance with MCC’s common payment system the Common Payment System or any alternate payment system approved by MCC. Payments to Government Service Providers and other ; provided however, that expenditures of Grant funding during the relevant Disbursement Period such proceeds (including amounts transferred directly to a Service Providerprovider) shall be made only as are authorized by MCA-Indonesia, and the Government and related payment complies, as certified by the Fiscal Agent, or as otherwise agreed by the Parties, in accordance with the most recently approved CDF Detailed Financial Plan and the standards and procedures set forth in the Interim Fiscal Agent Agreement and the Fiscal Accountability Plan approved by MCCPlan.

Approval of Disbursement Requests; Release of Proceeds. (i) Upon receipt of a Disbursement Request, MCC shall will determine the appropriate aggregate amount of the Disbursement permitted for the applicable Disbursement Period to be made based on, among other things, (A1) the progress achieved under the CDF Implementation DocumentsPlan, (B2) the amount of funds required to complete the Activities activities described in the Disbursement Request accompanying Periodic Reports during such the corresponding Disbursement Period, and (C3) the satisfaction, waiver, waiver or deferral of applicable conditions to such Disbursement. MCC reserves the conditions precedent applicable right to the requested Disbursement. (ii) MCC may, in its sole discretion, reject any Disbursement Request completely, or reject or reduce the amount of any Disbursement requested thereunder, based on among other things, (Abelow that proposed in a Disbursement Request in accordance with this Section 3.1(b) any modification made to the CDF Implementation Documents or (B) any of the conditions precedent in Sections 3.3 and 3.4 of this Agreement has not been satisfied, waived, or deferredSection 3.5. (iiiii) Subject to Upon MCC’s approval of a Disbursement Request, the proceeds of the Disbursement approved thereunder may be transferred, at MCC’s sole election, (A1) to a Permitted Account, or (B2) directly to a Government Service Provider provider as payment for goods, works or services received by MCA-Jordan in accordance with MCC’s common payment system the Common Payment System or any alternate payment system approved by MCC. Payments to Government Service Providers and other ; provided, however, that expenditures of Grant funding during the relevant Disbursement Period such proceeds (including amounts transferred directly to a Service Providerprovider) shall be made only as are authorized by MCA-Jordan, and the Government and related payment complies, as certified by the Fiscal Agent, or as otherwise agreed by the Parties, in accordance with the most recently approved CDF Detailed Financial Plan and the standards and procedures set forth in the Interim Fiscal Agent Agreement and the Fiscal Accountability Plan approved by MCCPlan.

Approval of Disbursement Requests; Release of Proceeds. (i) Upon receipt of a Disbursement Request, MCC shall will determine the appropriate aggregate amount of the Disbursement permitted for the applicable Disbursement Period to be made based on, among other things, (A) the progress achieved under the CDF Implementation DocumentsPlan, (B) the amount of funds required to complete the Activities activities described in the accompanying Periodic Reports during the corresponding Disbursement Request during such Disbursement Period, Period and (C) the satisfaction, waiver, waiver or deferral of the applicable conditions precedent applicable to the requested such Disbursement. (ii) . MCC may, in its sole discretion, reject disapprove any Disbursement Request completely, or reject completely or reduce the amount of any Disbursement requested thereunder, below that proposed in a Disbursement Request based on among other things, (A) any modification made to the CDF Implementation Documents or (B) its determination of any of the conditions precedent factors set forth in Sections 3.3 and 3.4 of this Agreement has not been satisfied, waived, or deferredSection 3.1(b)(i). (iiiii) Subject to Upon MCC’s approval of a Disbursement Request, the proceeds of the Disbursement approved thereunder may be transferred, at MCC’s sole election, (A) to a Permitted Account, or (B) directly to a Government Service Provider provider as payment for goods, works or services received by MCA-Morocco in accordance with MCC’s common payment system the Common Payment System or any alternate payment system approved by MCC. Payments to Government Service Providers and other ; provided, however, that expenditures of Grant funding during the relevant Disbursement Period such proceeds (including amounts transferred directly to a Service Providerprovider) shall be made only as are authorized by MCA-Morocco, and the Government and related payment complies, as certified by the Fiscal Agent, or as otherwise agreed by the Parties, in accordance with the most recently approved CDF Detailed Financial Plan and the standards and procedures set forth in the Interim Fiscal Agent Agreement and the Fiscal Accountability Plan approved by MCCPlan.

Approval of Disbursement Requests; Release of Proceeds. (i) Upon receipt of a Disbursement Request, MCC shall determine the appropriate aggregate amount of the Disbursement Disbursements permitted for the applicable Disbursement Period based on, among other things, : (A) progress achieved under the CDF Implementation Documents, Plan; (B) the amount of funds required to complete the Activities activities described in the accompanying Disbursement Request during such Disbursement Period, ; and (C) the satisfaction, waiver, or deferral of the conditions precedent applicable to the requested DisbursementDisbursements. (ii) MCC may, in its sole discretion, reject any Disbursement Request completely, or reject or reduce the amount of any Disbursement requested thereunder, based on among other things, : (A) any modification made to the CDF Implementation Documents or (B) any of the conditions precedent in Sections 3.3 and 3.4 of this Agreement has not been satisfied, waivedto, or deferred.lack of progress under, the Implementation (iii) Subject to MCC’s approval of a Disbursement Request, the proceeds of the Disbursement approved thereunder Disbursements may be transferred, at MCC’s sole election, : (A) to a Permitted Account, or ; (B) directly to a Government Service Provider third party as payment for goods, works works, or services received by the Government or the Accountable Entity, as applicable, in accordance with MCC’s common payment system (the “Common Payment System”) or any alternate payment system approved by MCC. Payments to Government Service Providers and other expenditures of Grant funding during the relevant Disbursement Period ; or (including amounts transferred C) directly to a Service Provider) shall be made only an employee of the Accountable Entity (or to the Government, as reimbursement for authorized expenses); provided, however, that any expenditure of such proceeds is authorized by the Government or the Accountable Entity, as applicable, and certified by the Fiscal Agent, or as otherwise agreed by the Parties, in accordance any related payment complies with the most recently approved CDF Detailed Financial Plan and the standards and procedures set forth in the Interim Fiscal Accountability Plan. (iv) Unless MCC agrees otherwise, any Disbursement, or financial commitment involving Grant funding may be made, and a Disbursement Request may be submitted, only if the related expense is provided for in the Detailed Financial Plan approved by MCCand sufficient uncommitted funds exist in the Detailed Financial Plan for that object of expense and for the relevant Disbursement Period.

Approval of Disbursement Requests; Release of Proceeds. (i) Upon receipt of a Disbursement Request, MCC shall will determine the appropriate aggregate amount of the Disbursement permitted for the applicable Disbursement Period based on, among other things, (A1) progress achieved under the CDF 609(g) Implementation DocumentsPlan, (B2) the amount of funds required to complete the Activities described in the Disbursement Request during such Disbursement Period, and (C3) the satisfaction, waiver, or deferral of the conditions precedent applicable to the requested Disbursement. (ii) MCC may, in its sole discretion, reject any Disbursement Request completely, or reject or reduce the amount of any Disbursement requested thereunder, based on among other things, (A1) any modification made to the CDF 609(g) Implementation Documents Plan or (B2) any of the conditions condition precedent in Sections 3.3 and 3.4 of this Agreement applicable to such Disbursement that has not been satisfied, waived, or deferred. (iii) Subject to MCC’s approval of a Disbursement Request, the proceeds of the Disbursement approved thereunder may be transferred, at MCC’s sole election, (A) to a Permitted Account, or (B) directly to a Government Service Provider as payment for goods, works works, or services in accordance with MCC’s common payment system or any alternate payment system approved by MCC. Payments to Government Service Providers and other expenditures of Grant funding during the relevant Disbursement Period (including amounts transferred directly to a Government Service Provider) shall will be made only as authorized by the Government and certified by the Fiscal Agent, or as otherwise agreed by the Parties, in accordance with the approved CDF 609(g) Detailed Financial Plan and the standards and procedures set forth in the Interim Fiscal Accountability Plan Plan, or any interim fiscal accountability plan approved by MCC. (iv) Except as MCC may otherwise agree, any Disbursement or financial commitment involving Grant funding may be made, and a Disbursement Request may be submitted, only if the related expense is provided for in the 609(g) Detailed Financial Plan and sufficient uncommitted funds exist in the 609(g) Detailed Financial Plan for the relevant Disbursement Period.

Approval of Disbursement Requests; Release of Proceeds. (i) Upon receipt of a Disbursement Request, MCC shall determine the appropriate aggregate amount of the Disbursement permitted for the applicable Disbursement Period to be authorized based on, among other things, (A) the progress achieved under the CDF Implementation Documentson any Project or Activity for which funds are requested, (B) the amount of funds required to complete the Activities activities described in the Disbursement Request during such the corresponding Disbursement Period, and (C) the satisfaction, waiver, or deferral of the applicable conditions precedent applicable to the requested such Disbursement. (ii) . MCC may, in its sole discretion, reject disapprove any Disbursement Request completely, or reject completely or reduce the amount of any Disbursement requested thereunder, below the amount proposed in a Disbursement Request based on among other things, (A) any modification made to the CDF Implementation Documents or (B) its determination of any of the conditions precedent factors set forth in Sections 3.3 and 3.4 of this Agreement has not been satisfied, waived, or deferredSection 3.1(b)(i). (iiiii) Subject to Upon MCC’s approval of a Disbursement Request, the proceeds of the Disbursement approved thereunder may be transferred, at MCC’s sole election, (A) to a Permitted Account, Account or (B) directly to a Government Service Provider third party via the Common Payment System as payment for goodsamounts owed by MCA- Zambia II for implementation of the Program; provided, works or services in accordance with MCC’s common payment system or any alternate payment system approved by MCC. Payments to Government Service Providers and other however, that expenditures of Grant funding during the relevant Disbursement Period such proceeds (including amounts transferred directly to a Service Providerthird party) shall be made only as are authorized by MCA- Zambia II, and the Government and related payment complies, as certified by the Fiscal Agent, or as otherwise agreed by the Parties, in accordance with the most recently approved CDF Detailed Financial Plan and the standards and procedures set forth in the Interim Fiscal Agent Agreement and the Fiscal Accountability Plan approved by MCCPlan.

Approval of Disbursement Requests; Release of Proceeds. (i) Upon receipt of a Disbursement Request, MCC shall determine the appropriate aggregate amount of the Disbursement permitted for the applicable Disbursement Period to be authorized based on, among other things, , (A) the progress achieved under the CDF Implementation DocumentsPlan, (B) the amount of funds required to complete the Activities activities described in the Disbursement Request during such the corresponding Disbursement Period, Period and (C) the satisfaction, waiver, or deferral of the applicable conditions precedent applicable to the requested such Disbursement. (ii) . MCC may, in its sole discretion, reject disapprove any Disbursement Request completely, or reject completely or reduce the amount of any Disbursement requested thereunder, below that proposed in a Disbursement Request based on among other things, (A) any modification made to the CDF Implementation Documents or (B) its determination of any of the conditions precedent factors set forth in Sections 3.3 and 3.4 of this Agreement has not been satisfied, waived, or deferredSection 3.1(b)(i). (iiiii) Subject to Upon MCC’s approval of a Disbursement Request, the proceeds of the Disbursement approved thereunder may be transferred, at MCC’s sole election, (A) to a Permitted Account, or (B) directly to a Government Service Provider third party as payment for goods, works works, or services received by MCA-Malawi II in accordance with MCC’s common payment system the Common Payment System or any alternate payment system approved by MCC. Payments , or (C) directly to Government Service Providers and other an employee of MCA-Malawi II (or to the Government, as reimbursement for authorized expenses of MCA-Malawi II); provided, however, that expenditures of Grant funding during the relevant Disbursement Period such proceeds (including amounts transferred directly to a Service Providerprovider) shall be made only as are authorized by MCA-Malawi II, and the Government and related payment complies, as certified by the Fiscal Agent, or as otherwise agreed by the Parties, in accordance with the most recently approved CDF Detailed Financial Plan and the standards and procedures set forth in the Interim Fiscal Agent Agreement and the Fiscal Accountability Plan approved by MCCPlan.

Approval of Disbursement Requests; Release of Proceeds. (i) Upon receipt of a Disbursement Request, MCC shall determine the appropriate aggregate amount of the Disbursement permitted for the applicable Disbursement Period to be authorized based on, among other things, (A) the progress achieved under the CDF Implementation DocumentsPlan, (B) the amount of funds required to complete the Activities activities described in the accompanying Periodic Reports during the corresponding Disbursement Request during such Disbursement Period, Period and (C) the satisfaction, waiver, waiver or deferral of the applicable conditions precedent applicable to the requested such Disbursement. (ii) . MCC may, in its sole discretion, reject disapprove any Disbursement Request completely, or reject completely or reduce the amount of any Disbursement requested thereunder, below that proposed in a Disbursement Request based on among other things, (A) any modification made to the CDF Implementation Documents or (B) its determination of any of the conditions precedent factors set forth in Sections 3.3 and 3.4 of this Agreement has not been satisfied, waived, or deferredSection 3.1(b)(i). (iiiii) Subject to Upon MCC’s approval of a Disbursement Request, the proceeds of the Disbursement approved thereunder may be transferred, at MCC’s sole election, : (A) to a Permitted Account, or ; (B) directly to a Government Service Provider third party as payment for goods, works or services in accordance with MCC’s common payment system received by MCA-Senegal II through the Common Payment System or any alternate payment system approved by MCC. Payments ; or (C) directly to Government Service Providers and other an employee of MCA-Senegal II (or to the Government, as reimbursement for authorized expenses of MCA-Senegal II) provided however, that expenditures of Grant funding during the relevant Disbursement Period such proceeds (including amounts transferred directly to a Service Providerprovider) shall be made only as are authorized by MCA-Senegal II, and the Government and related payment complies, as certified by the Fiscal Agent, or as otherwise agreed by the Parties, in accordance with the most recently approved CDF Detailed Financial Plan and the standards and procedures set forth in the Interim Fiscal Agent Agreement and the Fiscal Accountability Plan approved by MCCPlan.

Approval of Disbursement Requests; Release of Proceeds. (i) Upon receipt of a Disbursement Request, MCC shall determine the appropriate aggregate amount of the Disbursement permitted for the applicable Disbursement Period to be authorized based on, among other things, (A) the progress achieved under the CDF Implementation Documents, Plan; (B) the amount of funds required to complete the Activities activities described in the Disbursement Request during such the corresponding Disbursement Period, ; and (C) the satisfaction, waiver, or deferral of the applicable conditions precedent applicable to the requested such Disbursement. (ii) . MCC may, in its sole discretion, reject disapprove any Disbursement Request completely, or reject completely or reduce the amount of any Disbursement requested thereunder, below that proposed in a Disbursement Request based on among other things, (A) any modification made to the CDF Implementation Documents or (B) its determination of any of the conditions precedent factors set forth in Sections 3.3 and 3.4 of this Agreement has not been satisfied, waived, or deferredSection 3.1(b)(i). (iiiii) Subject to Upon MCC’s approval of a Disbursement Request, the proceeds of the Disbursement approved thereunder may be transferred, at MCC’s sole election, (A) to a Permitted Account, or ; (B) directly to a Government Service Provider third party as payment for goods, works works, or services received by MCA-Benin Regional in accordance with MCC’s common payment system the Common Payment System or any alternate payment system approved by MCC. Payments ; or (C) directly to Government Service Providers and other an employee of MCA-Benin Regional (or to the Government, as reimbursement for authorized expenses of MCA-Benin Regional); provided, however, that expenditures of Grant funding during the relevant Disbursement Period such proceeds (including amounts transferred directly to a Service Providerprovider) shall be made only as are authorized by MCA-Benin Regional, and the Government and related payment complies, as certified by the Fiscal Agent, or as otherwise agreed by the Parties, in accordance with the most recently approved CDF Detailed Financial Plan and the standards and procedures set forth in the Interim Fiscal Agent Agreement and the Fiscal Accountability Plan approved by MCCPlan.

Approval of Disbursement Requests; Release of Proceeds. (i) Upon receipt of a Disbursement Request, MCC shall will determine the appropriate aggregate amount of the Disbursement Disbursements permitted for the applicable Disbursement Period based on, among other things, : (A) progress achieved under the CDF Implementation Documents, Plan; (B) the amount of funds required to complete the Activities activities described in the accompanying Disbursement Request during such Disbursement Period, ; and (C) the satisfaction, waiver, or deferral of the conditions precedent applicable to the requested DisbursementDisbursements. (ii) MCC may, in its sole discretion, reject any Disbursement Request completely, or reject or reduce the amount of any Disbursement requested thereunder, based on among other things, : (A) any modification made to, for failure to achieve progress under, the CDF Implementation Documents Plan; or (B) if any of condition precedent applicable to the conditions precedent in Sections 3.3 and 3.4 of this Agreement requested Disbursements has not been satisfied, waived, or deferred. To this end, it will notify the Government or Accountable Entity of the decision with due notice. (iii) Subject to MCC’s approval of a Disbursement Request, the proceeds of the Disbursement Disbursements approved thereunder may be transferred, at MCC’s sole election, : (A) to a Permitted Account, or ; (B) directly to a Government Service Provider third party as payment for goods, works works, or services received by the Government or the Accountable Entity, as applicable, in accordance with MCC’s common payment system (the “Common Payment System”) or any alternate payment system approved by MCC. Payments to Government Service Providers and other expenditures of Grant funding during the relevant Disbursement Period ; or (including amounts transferred C) directly to a Service Provider) shall be made only an employee of the Accountable Entity (or to the Government, as reimbursement for authorized expenses of the Accountable Entity); provided, however, that any expenditure of such proceeds is authorized by the Government or the Accountable Entity, as applicable, and certified by the Fiscal Agent, or as otherwise agreed by the Parties, in accordance any related payment complies with the most recently approved CDF Detailed Financial Plan and the standards and procedures set forth in the Interim Fiscal Accountability Plan. (iv) Unless MCC agrees otherwise, any Disbursement, or financial commitment involving Grant funding may be made, and a Disbursement Request may be submitted, only if the related expense is provided for in the Detailed Financial Plan approved by MCCand sufficient uncommitted funds exist in the Detailed Financial Plan for that object of expense and for the relevant Disbursement Period.

Approval of Disbursement Requests; Release of Proceeds. (i) Upon receipt of a Disbursement Request, MCC shall will determine the appropriate aggregate amount of the Disbursement permitted for the applicable Disbursement Period to be made based on, among other things, (A) the progress achieved under the CDF Implementation DocumentsPlan, (B) the amount of funds required to complete the Activities activities described in the accompanying Periodic Reports during the corresponding Disbursement Request during such Disbursement Period, Period and (C) the satisfaction, waiver, waiver or deferral of the applicable conditions precedent applicable to the requested such Disbursement. (ii) . MCC may, in its sole discretion, reject disapprove any Disbursement Request completely, or reject completely or reduce the amount of any Disbursement requested thereunder, below that proposed in a Disbursement Request based on among other things, (A) any modification made to the CDF Implementation Documents or (B) its determination of any of the conditions precedent factors set forth in Sections 3.3 and 3.4 of this Agreement has not been satisfied, waived, or deferredSection 3.1(b)(i). (iiiii) Subject to Upon MCC’s approval of a Disbursement Request, the proceeds of the Disbursement approved thereunder may be transferred, at MCC’s sole election, (A) to a Permitted Account, or (B) directly to a Government Service Provider provider as payment for goods, works or services received by MCA-Liberia in accordance with MCC’s common payment system the Common Payment System or any alternate payment system approved by MCC. Payments to Government Service Providers and other ; provided, however, that expenditures of Grant funding during the relevant Disbursement Period such proceeds (including amounts transferred directly to a Service Providerprovider) shall be made only as are authorized by MCA-Liberia, and the Government and related payment complies, as certified by the Fiscal Agent, or as otherwise agreed by the Parties, in accordance with the most recently approved CDF Detailed Financial Plan and the standards and procedures set forth in the Interim Fiscal Agent Agreement and the Fiscal Accountability Plan approved by MCCPlan.

Approval of Disbursement Requests; Release of Proceeds. (i) Upon receipt of a Disbursement Request, MCC shall will determine the appropriate aggregate amount of the Disbursement permitted for the applicable Disbursement Period to be made based on, among other things, (A) the progress achieved under the CDF Implementation DocumentsPlan, (B) the amount of funds required to complete the Activities activities described in the accompanying Periodic Reports during the corresponding Disbursement Request during such Disbursement Period, Period and (C) the satisfaction, waiver, waiver or deferral of the applicable conditions precedent applicable to the requested such Disbursement. (ii) . MCC may, in its sole discretion, reject disapprove any Disbursement Request completely, or reject completely or reduce the amount of any Disbursement requested thereunder, below that proposed in a Disbursement Request based on among other things, (A) any modification made to the CDF Implementation Documents or (B) its determination of any of the conditions precedent factors set forth in Sections 3.3 and 3.4 of this Agreement has not been satisfied, waived, or deferredSection 3.1(b)(i). (iiiii) Subject to Upon MCC’s approval of a Disbursement Request, the proceeds of the Disbursement approved thereunder may be transferred, at MCC’s sole election, (A) to a Permitted Account, or (B) directly to a Government Service Provider provider as payment for goods, works or services received by MiDA in accordance with MCC’s common payment system the Common Payment System or any alternate payment system approved by MCC. Payments to Government Service Providers and other ; provided however, that expenditures of Grant funding during the relevant Disbursement Period such proceeds (including amounts transferred directly to a Service Providerprovider) shall be made only as are authorized by XxXX, and the Government and related payment complies, as certified by the Fiscal Agent, or as otherwise agreed by the Parties, in accordance with the most recently approved CDF Detailed Financial Plan and the standards and procedures set forth in the Interim Fiscal Agent Agreement and the Fiscal Accountability Plan approved by MCCPlan.

Approval of Disbursement Requests; Release of Proceeds. (i) Upon receipt of a Disbursement Request, MCC shall determine the appropriate aggregate amount of the Disbursement permitted for the applicable Disbursement Period to be authorized based on, among other things, (A) the progress achieved under the CDF Implementation Documentson any Project or Activity for which funds are requested, (B) the amount of funds required to complete the Activities activities described in the Disbursement Request during such the corresponding Disbursement Period, and (C) the satisfaction, waiver, or deferral of the applicable conditions precedent applicable to the requested such Disbursement. (ii) . MCC may, in its sole discretion, reject disapprove any Disbursement Request completely, or reject completely or reduce the amount of any Disbursement requested thereunder, below that proposed in a Disbursement Request based on among other things, (A) any modification made to the CDF Implementation Documents or (B) its determination of any of the conditions precedent factors set forth in Sections 3.3 and 3.4 of this Agreement has not been satisfied, waived, or deferredSection 3.1(b)(i). (iiiii) Subject to Upon MCC’s approval of a Disbursement Request, the proceeds of the Disbursement approved thereunder may be transferred, at MCC’s sole election, (A) to a Permitted Account, Account or (B) directly to a Government Service Provider third party, as payment for goods, works or services an amount owed by MCA-Indonesia II in accordance with MCC’s common payment system or any alternate payment system approved by MCC. Payments to Government Service Providers and other the Common Payment System; provided, however, that expenditures of Grant funding during the relevant Disbursement Period such proceeds (including amounts transferred directly to a Service Providerthird party) shall be made only as are authorized by MCA-Indonesia II, and the Government and related payment complies, as certified by the Fiscal Agent, or as otherwise agreed by the Parties, in accordance with the most recently approved CDF Detailed Financial Plan and the standards and procedures set forth in the Interim Fiscal Agent Agreement and the Fiscal Accountability Plan approved by MCCPlan.