Conditions for Disbursement. 4.1 The obligation of the Bank to make any disbursement under this Agreement shall be subject to the following conditions:
Conditions for Disbursement. Borrower shall have satisfied all conditions for disbursement set forth in Article III (with respect to the initial disbursement of Loan proceeds being requested by Borrower).
Conditions for Disbursement. The Department will disburse the proceeds of the Grant to Grantee after execution of this Agreement by both parties and after Grantee submits a request for disbursement attached hereto as Exhibit D.
Conditions for Disbursement. The obligation of the Lender to disburse the proceeds of the Loan is subject to the satisfaction of the following conditions as of the date the disbursement is made:
Conditions for Disbursement. (a) The obligation of IHFL to make any disbursement shall also be subject to:
Conditions for Disbursement. 6.1 Conditions precedent for disbursement to the Issuer
Conditions for Disbursement. Disbursement of loan proceeds is subject to the Borrower fulfilling conditions outlined in the Confirmation. These conditions may include the signing of specific documents, meeting collateral requirements, and any other mutually agreed-upon prerequisites.
Conditions for Disbursement. 3.1 Disbursements under the Loan shall be made subject to fulfilment and compliance of this Agreement and all other standard documents and writings executed by the Borrower(s) and as specified by the Bank, including the following:
Conditions for Disbursement. 6.1 The obligation of the Lender to make any disbursements under the Loan Agreement shall be subject to the conditions that:
Conditions for Disbursement. 8. Notwithstanding any other provision of this Loan Agreement, no withdrawals shall be made from the Loan Account for any of Categories 1-8 until ADB has received the respective Relending Agreement executed between the Borrower and the DISCO in a form and substance satisfactory to ADB. TABLE ALLOCATION AND WITHDRAWAL OF LOAN PROCEEDS (Power Distribution Enhancement Investment Program – Tranche 1, Investment Project) CATEGORY ADB FINANCING BASIS Number Item Total Amount Allocated for ADB Financing ($) Category Subcategory Percentage of ADB Financing from the Loan Account 1 FESCO 23,290,000 1A Civil Works 1,800,000 80 percent of total expenditure claimed 1B Equipment 18,390,000 80 percent of total expenditure claimed 1C Consulting (engineering) 600,000 80 percent of total expenditure claimed 1D Unallocated 2,500,000 2 GEPCO 11,370,000 2A Civil Works 800,000 80 percent of total expenditure claimed 2B Equipment 8,870,000 80 percent of total expenditure claimed 2C Consulting (engineering) 200,000 80 percent of total expenditure claimed 2D Turnkey 100,000 80 percent of total expenditure claimed 2E Unallocated 1,400,000 3 HESCO 39,630,000 3A Civil Works 900,000 80 percent of total expenditure claimed 3B Equipment 34,630,000 80 percent of total expenditure claimed 3C Consulting (engineering) 1,000,000 80 percent of total expenditure claimed 3D Unallocated 3,100,000 4 IESCO 30,060,000 4A Civil Works 2,600,000 80 percent of total expenditure claimed 4B Equipment 22,760,000 80 percent of total expenditure claimed 4C Consulting (engineering) 900,000 80 percent of total expenditure claimed 4D Unallocated 3,800,000 5 LESCO 39,060,000 5A Civil Works 3,300,000 80 percent of total expenditure claimed 5B Equipment 28,260,000 80_percent of total expenditure claimed 5C Consulting (engineering) 1,100,000 80 percent of total expenditure claimed 5D Turnkey 1,800,000 80 percent of total expenditure claimed 5E Unallocated 4,600,000 6 MEPCO 20,140,000 6A Civil Works 1,800,000 80 percent of total expenditure claimed 6B Equipment 12,780,000 80 percent of total expenditure claimed 6C Power Lines 300,000 80 percent of total expenditure claimed 6D Consulting (engineering) 400,000 80 percent of total expenditure claimed 6E Turnkey 2,700,000 80 percent of total expenditure claimed 6F Unallocated 2,160,000 7 PESCO 36,600,000 7A Civil Works 2,700,000 80 percent of total expenditure claimed 7B Equipment 28,400,000 80 percent of total expenditure claimed 7C Power Lines 600,000 80 percent of t...
