Conditions Precedent to Each Disbursement Sample Clauses
Conditions Precedent to Each Disbursement. Agency’s obligation to disburse Grant money to Subrecipient pursuant to Section 2.03 is subject to satisfaction, with respect to each disbursement, of each of the following conditions precedent: Agency has received sufficient funds under VOCA to allow the Agency, in the reasonable exercise of its discretion, to make the disbursement; Agency has received a copy of the Certifications Regarding Lobbying, Debarment, Suspension and Other Responsibility Matters, and Drug-Free Workplace Requirements; Standard Assurances; Single Audit Certification Letter; Certification of Compliance with Regulations, Office for Civil Rights, Office of Justice Programs for Subgrants Issued by the Oregon Department of Justice; and Victims of Crime Act Special Conditions all in the form attached hereto as Exhibits E - I respectively, and incorporated herein by this reference, duly executed and delivered on behalf of Subrecipient by an authorized official of Subrecipient; Subrecipient certifies insurance coverage is in full force for the duration of this Agreement; If Subrecipient expends $750,000 or more in federal funds from all sources in a fiscal year, Subrecipient has submitted the most recent single organization-wide audit conducted in accordance with the provisions of 2 CFR Part 200, Subpart F; If Subrecipient agency does not claim an exemption from the EEOP requirement (Subrecipient is an educational, medical or non-profit institution or an Indian Tribe; or Subrecipient has less than 50 employees; or Subrecipient was awarded less than $25,000 in federal U.S. Department of Justice funds), Subrecipient has prepared, maintained on file, submitted to the Office for Civil Rights for review (if receiving a single award of $500,000 or more), and implemented an EEOP; No default as described in Section 6.03 has occurred; and Subrecipient’s representations and warranties set forth in Section 4 are true and correct on the date of disbursement with the same effect as though made on the date of disbursement.
Conditions Precedent to Each Disbursement. Unless waived or deferred in writing by MCC, the following conditions must have been met to MCC’s satisfaction prior to each Disbursement of the Grant (including the initial Disbursement of the Grant):
Conditions Precedent to Each Disbursement. The agreement of the Primary Lender to fund any Disbursement under this Agreement and any obligations of the Alternate Lender to fund any Disbursement under this Agreement shall be subject only to the Facility Agent's receipt of a Certificate Authorizing Disbursement, upon which each such Lender may conclusively rely.
Conditions Precedent to Each Disbursement. CHFFA’s obligation to make each disbursement of Grant funds during the Grant Period under this Agreement is subject to all of the following conditions:
Conditions Precedent to Each Disbursement. The Lender shall not be obliged to make a Disbursement unless the Global Agent shall have received the notifications referred to in Clause 4.2(b) (Conditions of Each Disbursement) of the Common Terms Agreement.
Conditions Precedent to Each Disbursement. Borrower shall comply with, and Lender's obligation to disburse each Loan Advance after the first Loan Advance shall be conditioned upon Borrower's performance of the following conditions precedent:
Conditions Precedent to Each Disbursement. The obligation of Title to disburse the Loan proceeds to be disbursed hereunder shall be subject to the condition precedent that
(i) the conditions set forth in Section 3 of the Loan Agreement shall have been satisfied or waived in writing by the EDA and (ii) EDA and Title shall have received on or before the date of disbursing the initial Loan proceeds, or in the case of items to be furnished in conjunction with a later disbursement, on or before the date of disbursing such later Loan proceeds, the following:
(a) A sworn construction statement furnished by the Borrower for each Project, to be updated with each Draw Request for such Project setting forth any contractors, subcontractors and suppliers, the amount of any contracts, the amount paid to- date, the amount being requested and the balances due;
(b) A sources and uses document for each Project to be updated and submitted with each Draw Request, reflecting all financial sources (and evidence satisfactory to the EDA that such sources are available to pay for such Project) and uses, i.e. the amount paid to-date, the amount being requested, and the sources of funds and the costs remaining;
(c) Copies of all written estimates from or signed agreements with the contractors who are the subject of the Draw Request;
(d) A Draw Request (in the form attached hereto as Exhibit A) accompanied by:
(i) unconditional written lien waivers for work done and materials supplied which were paid for pursuant to the previous Draw Request; and
(ii) invoices or such other supporting evidence as may reasonably be requested by the EDA or Title to substantiate (a) all payments which are to be made out of the relevant Draw Request and (b) all payments then made with respect to the Projects. Costs previously paid directly by the Borrower may be reimbursed, through a Draw Request; provided that evidence of such payments satisfactory to Title and the EDA is provided to Title. Title shall obtain verbal approval from the EDA prior to disbursing each Draw Request. Prior to disbursing any Draw Requests, Title shall undertake a search for mechanics liens and provide an email notice to the EDA of the results of such search.
Conditions Precedent to Each Disbursement. The obligation of the Authority to make any disbursements under the Agreement is subject to all of the following conditions:
Conditions Precedent to Each Disbursement. Lender's obligation to make the ----------------------------------------- initial Loan disbursement and each subsequent Loan disbursement under this Agreement shall be subject to the fulfillment to Lenders satisfaction of all of the conditions set forth in this Agreement and in the Related Documents.
Conditions Precedent to Each Disbursement. Unless OPIC otherwise agrees in writing, the obligation of OPIC to make each Disbursement of the Loan (including the first Disbursement) is subject to the prior fulfillment, to OPIC's satisfaction in its sole discretion, of the following conditions precedent and to their continued fulfillment on each Closing Date: