Availability of Loan Proceeds Sample Clauses

Availability of Loan Proceeds. (a) The Borrower shall make the proceeds of the Loan available to the State in accordance with its applicable procedures for the transfer of external assistance to carry out the Programme. Deleted: Executive Committee Deleted: Executive Committee (b) The Borrower shall ensure that the State makes the proceeds of the Loan available to the Lead Programme Agency in accordance with the TNCDW GO/MOU to carry out the Programme.
Sample 1
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Availability of Loan Proceeds. Each Lender will make the proceeds ----------------------------- of its Loan available to the Administrative Agent for the account of the Borrower as specified in Section 3.14(a), or in such other manner as the Administrative Agent may specify in writing, by 2:30 P.M. (Charlotte, North Carolina time) on the Effective Date in Dollars and in funds immediately available to the Administrative Agent. Such proceeds will then be made available to the Borrower by the Administrative Agent by crediting the account of the Borrower on the books of such office with the aggregate of the amounts made available to the Administrative Agent by the Lenders and in like funds as received by the Administrative Agent.
Sample 1
Availability of Loan Proceeds 
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Related to Availability of Loan Proceeds

  • Availability of Funds The County may terminate this Agreement or a portion of the services referenced in the Attachments and Exhibits based upon unavailability of Federal, State, or County funds, by providing written notice to Contractor as soon as is reasonably possible after the County learns of said unavailability of outside funding.

  • Non-Availability of Funds The obligation of the RCO to make payments is contingent on the availability of state and federal funds through legislative appropriation and state allotment. If amounts sufficient to fund the grant made under this Agreement are not appropriated to RCO for expenditure for this Agreement in any biennial fiscal period, RCO shall not be obligated to pay any remaining unpaid portion of this grant unless and until the necessary action by the Legislature or the Office of Financial Management occurs. If RCO participation is suspended under this section for a continuous period of one year, RCO’s obligation to provide any future funding under this Agreement shall terminate. Termination of the Agreement under this section is not subject to appeal by the Sponsor.

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