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 will determine the appropriate amount of the Disbursement to be made based on, among other things, (A) the progress achieved under the Implementation Plan, (B) the amount of funds required to complete the activities described in the accompanying Periodic Reports during the corresponding Disbursement Period and (C) the satisfaction, waiver or deferral of applicable conditions to such Disbursement. MCC may, in its sole discretion, disapprove any Disbursement completely or reduce the amount of any Disbursement below that proposed in a Disbursement Request based on its determination of any of the factors set forth in this Section 3.1(b)(i).

Approval of Disbursement Requests; Release of Proceeds. (i) Upon receipt of a Disbursement Request, MCC will shall determine the appropriate amount of the Disbursement to be made authorized based on, among other things, (A) the progress achieved under the Implementation Plan, (B) the amount of funds required to complete the activities described in the accompanying Periodic Reports during the corresponding Disbursement Period and (C) the satisfaction, waiver or deferral of applicable conditions to such Disbursement. MCC may, in its sole discretion, disapprove any Disbursement completely or reduce the amount of any Disbursement below that proposed in a Disbursement Request based on its determination of any of the factors set forth in this Section 3.1(b)(i).

Approval of Disbursement Requests; Release of Proceeds. (i) Upon receipt of a Disbursement Request, MCC will determine the appropriate amount of the Disbursement to be made based on, among other things, (A) the progress achieved under the Implementation Plan, (B) the amount of funds required to complete the activities described in the accompanying Periodic Reports during the corresponding Disbursement Period and (C) the satisfaction, waiver or deferral of applicable conditions to such Disbursement. MCC may, in its sole discretion, disapprove any Disbursement completely or reserves the right to reduce the amount of any Disbursement below that proposed in a Disbursement Request based on its determination of any of the factors set forth in accordance with this Section 3.1(b)(i)3.1(b) and Section 3.5.

Approval of Disbursement Requests; Release of Proceeds. (i) Upon receipt of a Disbursement Request, MCC will shall determine the appropriate amount of the Disbursement to be made authorized based on, among other things, (A) the progress achieved under the Implementation Plan, (B) the amount of funds required to complete the activities described in the accompanying Periodic Reports Disbursement Request during the corresponding Disbursement Period and (C) the satisfaction, waiver or deferral of applicable conditions to such Disbursement. MCC may, in its sole discretion, disapprove any Disbursement completely or reduce the amount of any Disbursement below that proposed in a Disbursement Request based on its determination of any of the factors set forth in this Section 3.1(b)(i).

Approval of Disbursement Requests; Release of Proceeds. (i) Upon receipt of a Disbursement Request, MCC will shall determine the appropriate amount of the Disbursement to be made authorized based on, among other things, (A) the progress achieved under the Implementation Plan, ; (B) the amount of funds required to complete the activities described in the accompanying Periodic Reports Disbursement Request during the corresponding Disbursement Period Period; and (C) the satisfaction, waiver waiver, or deferral of applicable conditions to such Disbursement. MCC may, in its sole discretion, disapprove any Disbursement completely or reduce the amount of any Disbursement below that proposed in a Disbursement Request based on its determination of any of the factors set forth in this Section 3.1(b)(i).

Approval of Disbursement Requests; Release of Proceeds. (i) Upon receipt of a Disbursement Request, MCC will determine the appropriate amount of the Disbursement to be made based on, among other things, (A) the progress achieved under the Implementation Plan, (B) the amount of funds required to complete the activities described in the accompanying Periodic Reports during the corresponding Disbursement Period and (C) the satisfaction, waiver or deferral of applicable conditions to such Disbursement. MCC may, in its sole discretion, disapprove any Disbursement completely or reduce modify the amount of any Disbursement below that proposed in a Disbursement Request based on its determination of any of the factors set forth in this Section 3.1(b)(i).

Approval of Disbursement Requests; Release of Proceeds. (i) Upon receipt of a Disbursement Request, MCC will agrees to determine the appropriate amount of the Disbursement to be made based on, among other things, (A) the progress achieved under the Implementation Plan, (B) the amount of funds required to complete the activities described in the accompanying Periodic Reports during the corresponding Disbursement Period and (C) the satisfaction, waiver or deferral of applicable conditions to such Disbursement. MCC may, in its sole discretion, disapprove any Disbursement completely or reduce the amount of any Disbursement below that proposed in a Disbursement Request based on its determination of any of the factors set forth in this Section 3.1(b)(i).

Approval of Disbursement Requests; Release of Proceeds. (i) Upon receipt of a Disbursement Request, MCC will shall determine the appropriate amount of the Disbursement to be made authorized based on, among other things, (A) the progress achieved under the Implementation Planon any Project or Activity for which funds are requested, (B) the amount of funds required to complete the activities described in the accompanying Periodic Reports Disbursement Request during the corresponding Disbursement Period Period, and (C) the satisfaction, waiver waiver, or deferral of applicable conditions to such Disbursement. MCC may, in its sole discretion, disapprove any Disbursement completely or reduce the amount of any Disbursement below that proposed in a Disbursement Request based on its determination of any of the factors set forth in this Section 3.1(b)(i).

Approval of Disbursement Requests; Release of Proceeds. (i) Upon receipt of a Disbursement Request, MCC will shall determine the appropriate amount of the Disbursement to be made authorized based on, among other things, (A) the progress achieved under the Implementation PlanPlan or any other plan, report, or other document required pursuant to Article II, (B) the amount of funds required to complete the activities described in the accompanying Periodic Reports during the corresponding Disbursement Period and (C) the satisfaction, waiver or deferral of applicable conditions to such Disbursement. MCC may, in its sole discretion, disapprove any Disbursement completely or reduce the amount of any Disbursement below that proposed in a Disbursement Request based on its determination of any of the factors set forth in this Section 3.1(b)(i).

Approval of Disbursement Requests; Release of Proceeds. (i) Upon receipt of a Disbursement Request, MCC will determine the appropriate amount of the Disbursement to be made authorized based on, among other things, (A) the progress achieved under the Implementation Plan, (B) the amount of funds required to complete the activities described in the accompanying Periodic Reports during the corresponding Disbursement Period and (C) the satisfaction, waiver or deferral of applicable conditions to such Disbursement. MCC may, in its sole discretion, disapprove any Disbursement completely or reduce the amount of any Disbursement below that proposed in a Disbursement Request based on its determination of any of the factors set forth in this Section 3.1(b)(i).