Conditions Precedent to Initial Compact CDF Disbursement. Each of the following must have occurred or been satisfied prior to the initial Compact CDF Disbursement: (a) The Government (or MCA-Nepal) has delivered to MCC: (i) an interim fiscal accountability plan acceptable to MCC; and (ii) a Compact CDF procurement plan acceptable to MCC. (b) The Government will have enacted such regulations as necessary to implement Section 2.8 of this Compact. (c) The Government will have provided a schedule and procedures, acceptable in form and substance to MCC, for the disbursement of the first US$40,000,000 of the Government Contribution.
Appears in 3 contracts
Samples: Millennium Challenge Compact, Millennium Challenge Compact, Millennium Challenge Compact
