Deposits of Loan Amounts. Except as the Bank may otherwise agree: 1. all withdrawals from the Loan Account shall be deposited by the Bank into an account designated by the Borrower and acceptable to the Bank; and 2. the Borrower shall ensure that upon each deposit of an amount of the Loan into this account, an equivalent amount is accounted for in the Borrower’s budget management system, in a manner acceptable to the Bank.
Appears in 90 contracts
Samples: Loan Agreement, Loan Agreement, Loan Agreement
Deposits of Loan Amounts. Except as the Bank may otherwise agree:
1. all withdrawals the withdrawal from the Loan Account shall be deposited by the Bank into an account designated by the Borrower and acceptable to the Bank; and
2. the Borrower shall ensure that upon each deposit of an the amount of the Loan into this account, an equivalent amount is accounted for in the Borrower’s budget management system, in a manner acceptable to the Bank.
Appears in 8 contracts
Samples: Loan Agreement, Loan Agreement, Loan Agreement
Deposits of Loan Amounts. Except as the Bank may otherwise agree:
1. all withdrawals from the Loan Account shall be deposited by the Bank into an account designated by the Borrower and acceptable to the Bank; and
2. the Borrower shall ensure that upon each deposit of an amount of the Loan into this account, an equivalent amount is accounted for in the Borrower’s budget management system, in a manner acceptable to the BankBank and consistent with the Borrower’s public accounting and budgeting regulations.
Appears in 4 contracts
Samples: Loan Agreement, Loan Agreement, Loan Agreement
Deposits of Loan Amounts. Except as the Bank may otherwise agree:
1. all withdrawals from the Loan Account shall be deposited by the Bank into an account designated by the Borrower Borrower, through SHF, and acceptable to the Bank; and
2. the Borrower shall ensure that upon each deposit of an amount of the Loan into this account, an equivalent amount is accounted for in the Borrower’s budget management system, in a manner acceptable to the Bank.
Appears in 2 contracts
Samples: Loan Agreement, Loan Agreement
Deposits of Loan Amounts. Except as the Bank may otherwise agree:
1. all withdrawals from the Loan Account shall be deposited by the Bank into an account designated by the Borrower and acceptable to the Bank; and
2. the Borrower shall shall: (i) ensure that upon each deposit of an amount of the Loan into this account, an equivalent amount is accounted for in the Borrower’s budget management system, ; and (ii) provide a written confirmation thereof; all in a manner acceptable to the Bank.
Appears in 2 contracts
Samples: Loan Agreement, Loan Agreement
Deposits of Loan Amounts. Except as the Bank may otherwise agree:
1. all withdrawals from the Loan Account shall be deposited by the Bank into an account designated by the Borrower and acceptable to the BankBank for on-lending by the Borrower to the Entities pursuant to Article III of this Agreement; and
2. the Borrower shall ensure that upon each deposit of an amount of the Loan into this account, an equivalent amount is accounted for in the Borrower’s budget management system, in a manner acceptable to the Bank.
Appears in 2 contracts
Samples: Loan Agreement, Loan Agreement
Deposits of Loan Amounts. Except as the Bank may otherwise agree:
1. all All withdrawals from the Loan Account shall be deposited by the Bank into an account designated by the Borrower and acceptable to the Bank; and
2. the Borrower shall ensure that upon each deposit of an amount of the Loan into this account, an equivalent amount is accounted for in the Borrower’s budget management system, in a manner acceptable to the Bank.
Appears in 2 contracts
Samples: Loan Agreement, Loan Agreement
Deposits of Loan Amounts. Except as the Bank may otherwise agree:
1. all withdrawals from the Loan Account shall be deposited by the Bank into an account designated by the Borrower and acceptable to the Bank; and
2. the Borrower shall ensure that that, upon each deposit of an amount of the Loan into this account, an equivalent amount is accounted for in the Borrower’s budget management system, in a manner acceptable to the Bank.
Appears in 2 contracts
Samples: Loan Agreement, Loan Agreement
Deposits of Loan Amounts. Except as the Bank may otherwise agree:
1. all withdrawals from the Loan Account shall be deposited by the Bank into an account designated by the Borrower and acceptable to the Bank; and
2. the Borrower shall ensure that upon each deposit of an amount of the Loan into this account, an equivalent amount is accounted for in the Borrower’s budget management system, in a manner acceptable to the Bank.
Appears in 2 contracts
Samples: Loan Agreement, Loan Agreement
Deposits of Loan Amounts. Except as the Bank may otherwise agree:
1. all withdrawals from the Loan Account shall be deposited by the Bank into an account designated by the Borrower and acceptable to the Bank; and
2. the Borrower shall ensure that upon each deposit of an amount of the Loan into this account, account an equivalent amount is accounted for in the Borrower’s budget management system, in a manner acceptable to the Bank.
Appears in 2 contracts
Samples: Loan Agreement, Loan Agreement
Deposits of Loan Amounts. Except as the Bank may otherwise agree:
1. : all withdrawals from the Loan Account shall be deposited by the Bank into an account designated by the Borrower and acceptable to the Bank; and
2. and the Borrower shall ensure that upon each deposit of an amount of the Loan into this account, an equivalent amount is accounted for in the Borrower’s budget management system, in a manner acceptable to the Bank.
Appears in 1 contract
Samples: Loan Agreement
Deposits of Loan Amounts. Except as the Bank may otherwise agree:
1. all withdrawals from the Loan Account shall be deposited by the Bank into an account the accounts designated by the Borrower and acceptable to the Bank; and
2. the Borrower shall ensure that upon each deposit of an amount of the Loan into this accountthese accounts, an equivalent amount is accounted for in the Borrower’s budget management system, in a manner acceptable to the Bank.
Appears in 1 contract
Samples: Loan Agreement
Deposits of Loan Amounts. Except as the Bank may otherwise agree:
1. all All withdrawals from the Loan Account shall be deposited by the Bank into an account designated by the Borrower and acceptable to the Bank; and
2. the Borrower shall ensure that upon each deposit of an amount of the Loan into this account, an equivalent amount is accounted for in the Borrower’s budget management system, in a manner acceptable to the Bank.
Appears in 1 contract
Samples: Loan Agreement
Deposits of Loan Amounts. Except as the Bank may otherwise agree:
1. (i) all withdrawals from the Loan Account shall be deposited by the Bank into an account designated by the Borrower and acceptable to the Bank; and
2. (ii) the Borrower shall ensure that upon each deposit of an amount of the Loan into this account, an equivalent amount is accounted for in the Borrower’s budget management system, in a manner acceptable to the Bank.
Appears in 1 contract
Samples: Loan Agreement
Deposits of Loan Amounts. Except as the Bank may otherwise agree:
1. all withdrawals from the Loan Account shall be deposited by the Bank into an a dedicated account designated by the Borrower and acceptable to the Bank; and
2. the Borrower shall ensure that upon each deposit of an amount of the Loan into this account, (i) an equivalent amount is accounted for in the Borrower’s budget management system, in a manner acceptable to the Bank; and (ii) a confirmation in writing of such operation is sent to the Bank.
Appears in 1 contract
Samples: Loan Agreement
Deposits of Loan Amounts. Except as the Bank may otherwise agree:
1. all the withdrawals from the Loan Account shall be deposited by the Bank into an account designated by the Borrower and acceptable to the Bank; and
2. the Borrower shall ensure that upon each the deposit of an amount of the Loan into this account, an equivalent amount is accounted for in the Borrower’s budget management system, in a manner acceptable to the Bank.
Appears in 1 contract
Samples: Loan Agreement
Deposits of Loan Amounts. Except as the Bank may otherwise agree:
1. all withdrawals the withdrawal from the Loan Account shall be deposited by the Bank into an account designated by the Borrower and acceptable to the Bank; and
2. the Borrower shall ensure that upon each the deposit of an the amount of the Loan into this account, an equivalent amount is accounted for in the Borrower’s budget management system, in a manner acceptable to the Bank.
Appears in 1 contract
Samples: Loan Agreement
Deposits of Loan Amounts. Except as the Bank may otherwise agree:
1. all withdrawals from the Loan Account shall be deposited by the Bank into an account designated by the Borrower and acceptable to the Bank; and
2. and the Borrower shall ensure that upon each deposit of an amount of the Loan into this account, an equivalent amount is accounted for in the Borrower’s budget management system, in a manner acceptable to the Bank.
Appears in 1 contract
Samples: Loan Agreement