Disbursement Procedure. 4.1 Disbursement shall take place after this Loan Agreement and the promissory note are executed, and any other conditions precedent to disbursement of funds under this award are fully satisfied. The Intermediary/MDO may not make a loan commitment from USDA IRP loan funds to a project without first receiving USDA’s written concurrence in the proposed use of loan funds. RMAP is exempt from this requirement.
Appears in 3 contracts
Samples: Intermediaryrelendingprogram Ruralmicroentrepreneurassistanceprogram Loanagreement, Intermediaryrelendingprogram Ruralmicroentrepreneurassistanceprogram Loanagreement, www.reginfo.gov
Disbursement Procedure. 4.1 Disbursement shall take place after this Loan Agreement and the promissory note are executed, and any other conditions precedent to disbursement of funds under this award are fully satisfied. The Intermediary/MDO Intermediary may not make a loan commitment from USDA IRP loan funds to a project without first receiving USDA’s 's written concurrence in the proposed use of loan funds. RMAP is exempt from this requirement.
Appears in 2 contracts
Samples: Intermediary Relending Program Loan Agreement, Intermediary Relending Program Loan Agreement
Disbursement Procedure. 4.1 Disbursement shall take place after this Loan Agreement and the promissory note are executed, and any other conditions precedent to disbursement of funds under this award are fully satisfied. The Intermediary/MDO may not make a loan commitment from USDA IRP loan funds to a project without first receiving USDA’s 's written concurrence in the proposed use of loan funds. RMAP is exempt from this requirement.,
Appears in 2 contracts
Samples: omb.report, omb.report
