Common use of Conditions of All Disbursements Clause in Contracts

Conditions of All Disbursements. The obligation of the Lenders to make any Disbursement, including the first Disbursement, is subject to each such Lender being satisfied that the conditions set forth in Section 4.02 of the Common Terms Agreement (and, in case of the first Disbursement, in Section 4.01 (Conditions of First Disbursement) of the Common Terms Agreement), Section 4.03 (Borrower’s Certification) of the Common Terms Agreement, and the conditions set forth below, have been either fulfilled or waived by such Lender, as the case may be, prior to delivery of the Disbursement Request (or, in the case of the conditions set forth in Sections 4.02(n) (Notes) and 4.02(g) (Subsequent Legal Opinions) of the Common Terms Agreement (if required), no later than two (2) Business Days prior to the proposed date for such Disbursement): (a) The proceeds of that Disbursement are not in reimbursement of, or to be used for, expenditures in the territories of any country that is not an IIC Member or an IDB Member for goods produced in or services supplied from any such country. (b) Notwithstanding any other provision of this Agreement or the Common Terms Agreement, the Lenders are not obliged to make: (i) any Disbursement, except pro rata with the Disbursement of each of the other Senior Loans; and (ii) any Disbursement, except pro rata from the IIC A Loan, the IDB A Loan and the C2F Loan.

Conditions of All Disbursements. The obligation of the Lenders IFC to make any IFC Disbursement, including the first IFC Disbursement, is subject to each such Lender IFC being satisfied that the conditions set forth in Section 4.02 (Conditions of All Disbursements) of the Common Terms Agreement (and, in case of the first Disbursement, in Section 4.01 (Conditions of First Disbursement) of the Common Terms Agreement), Section 4.03 (Borrower’s Certification) of the Common Terms Agreement, and the conditions set forth below, Agreement have been either fulfilled or waived by such LenderIFC, as the case may be, prior to delivery of the Disbursement Request (or, in the case of the conditions set forth in Sections 4.02(n4.02(m) (Notes) and 4.02(g) (Subsequent Legal Opinions) (if required) of the Common Terms Agreement (if required)Agreement, no later than two (2) Business Days prior to the proposed date for such IFC Disbursement):). (a) The proceeds of that IFC Disbursement are not in reimbursement of, or to be used for, expenditures in the territories of any country that is not an IIC Member a member of the World Bank or an IDB Member for goods produced in or services supplied from any such country. (b) Notwithstanding any other provision of this Agreement or the Common Terms Agreement, the Lenders are IFC is not obliged to make: (i) make any IFC Disbursement, except pro rata with the Disbursement of each of the other Senior Loans; and (ii) any Disbursement, except pro rata from the IIC A Loan, the IDB A Loan and the C2F Loan.

Conditions of All Disbursements. The obligation of the Lenders IFC to make any Disbursement, including the first Disbursement, is subject to each such Lender IFC being satisfied that the conditions set forth in Section 4.02 of the Common Terms Agreement (and, in case of the first Disbursement, in Section 4.01 (Conditions of First Disbursement) of the Common Terms Agreement), Section 4.03 (Borrower’s Certification) of the Common Terms Agreement, and the conditions set forth below, have been either fulfilled or waived by such LenderIFC, as the case may be, prior to delivery of the Disbursement Request (or, in the case of the conditions set forth in Sections 4.02(n) (Notes) and 4.02(g) (Subsequent Legal Opinions) of the Common Terms Agreement (if required), no later than two (2) Business Days prior to the proposed date for such Disbursement): (a) The proceeds of that Disbursement are not in reimbursement of, or to be used for, expenditures in the territories of any country that is not an IIC Member a member of the World Bank or an IDB Member for goods produced in or services supplied from any such country. (b) Notwithstanding any other provision of this Agreement or the Common Terms Agreement, the Lenders are IFC is not obliged to make: (i) any MCPP Loan Disbursement, except to the extent that each MCPP Investor provides funds for that MCPP Loan Disbursement; (ii) any Disbursement, except pro rata with the Disbursement of each of the other Senior Loans; and (iiiii) any Disbursement, Disbursement except pro rata from the IIC A Loan, the IDB IFC A Loan and the C2F MCPP Loan.