Common use of Use of Proceeds of the Loan Clause in Contracts

Use of Proceeds of the Loan. Section 3.01. The Borrower shall make the proceeds of the Loan available to the State upon terms and condition mutually agreeable to ADB and the Borrower, and shall cause the State to apply such proceeds to the financing of expenditures on the Project in accordance with the provisions of this Loan Agreement and the Project Agreement.

Appears in 1 contract

Samples: Loan Agreement

AutoNDA by SimpleDocs

Use of Proceeds of the Loan. Section 3.01. The Borrower shall make the proceeds of the Loan available to the State upon terms and condition mutually agreeable conditions satisfactory to ADB and the Borrower, and ADB. The Borrower shall cause the State to apply such proceeds to the financing of expenditures on the Project in accordance with the provisions of this Loan Agreement and the Project Agreement.

Appears in 1 contract

Samples: Loan Agreement

Use of Proceeds of the Loan. Section 3.01. The Borrower shall make the proceeds of the Loan available to the State upon terms and condition conditions mutually agreeable to ADB the Borrower and the BorrowerADB, and shall cause the State to apply such proceeds to the financing of expenditures on the Project in accordance with the provisions of this Loan Agreement and the Project Agreement.

Appears in 1 contract

Samples: Loan Agreement

Use of Proceeds of the Loan. Section 3.01. The Borrower shall make the proceeds of the Loan available to the State upon terms and condition conditions mutually agreeable to ADB and the Borrower, and shall cause the State and BSRDC to apply such proceeds to the financing of expenditures on the Project in accordance with the provisions of this Loan Agreement and the Project Agreement.

Appears in 1 contract

Samples: Loan Agreement

Use of Proceeds of the Loan. Section 3.01. The Borrower shall make the proceeds of the Loan available to the State upon terms and condition conditions mutually agreeable to ADB and the Borrower, Borrower and shall cause the State to apply such proceeds to the financing of expenditures on the Project in accordance with the provisions of this Loan Agreement and the Project Agreement.

Appears in 1 contract

Samples: Loan Agreement

AutoNDA by SimpleDocs

Use of Proceeds of the Loan. Section 3.01. The Borrower shall make the proceeds of the Loan available to the State upon terms and condition conditions mutually agreeable to ADB and the Borrower, Borrower and shall cause the State to apply such proceeds to the financing of expenditures on the Project in accordance with the provisions of this Loan Agreement and the Project Agreement.

Appears in 1 contract

Samples: Loan Agreement

Use of Proceeds of the Loan. Section 3.01. The Borrower shall make the proceeds of the Loan available to the State upon terms and condition mutually agreeable to ADB and the Borrower, and shall cause the State to apply such proceeds to the financing of expenditures on the Project in accordance with the provisions of this Loan Agreement and the Project Agreement.

Appears in 1 contract

Samples: Loan Agreement

Use of Proceeds of the Loan. Section 3.01. The Borrower shall make the proceeds of the Loan available to the State and through the State to ASEB upon terms and condition conditions mutually agreeable to ADB and the Borrower, and shall cause the State, and through the State the ASEB, to apply such proceeds to the financing of expenditures on in the Project in accordance with the provisions of this Loan Agreement and the Project Agreement.

Appears in 1 contract

Samples: Loan Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.