Common use of Disbursement Procedure Clause in Contracts

Disbursement Procedure. The disbursement procedure mentioned in Section 4.01. of the General Terms and Conditions shall be as follows: (1) Commitment Procedure (III) attached hereto as Schedule 6 shall apply in cases of disbursements to the Suppliers of the eligible source countries other than the Republic of the Philippines. (2) Reimbursement Procedure attached hereto as Schedule 7 and/or Transfer Procedure attached hereto as Schedule 8 shall apply in cases of disbursements to Philippine Suppliers.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement

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Disbursement Procedure. The disbursement procedure mentioned in Section 4.01. of the General Terms and Conditions shall be as follows: (1) Commitment Procedure (III) attached hereto as Schedule 6 shall apply in cases of disbursements to the Suppliers consultants of the eligible source countries other than the Republic of the Philippines. (2) Reimbursement Procedure attached hereto as Schedule 7 and/or Transfer Procedure attached hereto as Schedule 8 shall apply in cases of disbursements to Philippine Suppliersconsultants.

Appears in 1 contract

Samples: Loan Agreement

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Disbursement Procedure. The disbursement procedure mentioned in Section 4.01. 4.01 of the General Terms and Conditions shall be as follows: (1) Commitment Procedure (III) attached hereto as Schedule 6 shall apply in cases of disbursements to the Suppliers of the eligible source countries other than the Republic of the Philippines. (2) Reimbursement Procedure attached hereto as Schedule 7 and/or Transfer Procedure attached hereto as Schedule 8 shall apply in cases of disbursements to Philippine Suppliers.

Appears in 1 contract

Samples: Loan Agreement

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