Conditions Precedent to Disbursement definition

Conditions Precedent to Disbursement are set forth in Section 3.2 hereof. “Construction” means construction, reconstruction or renovation.
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Conditions Precedent to Disbursement. (Condiciones Precedentes para el Desembolso) means the conditions set out in Clause 3.2 below (“Conditions Precedent to Disbursement”—Condiciones Precedentes para el Desembolso). LIMA NOTARY PUBLIC’S ASSOCIATION
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Conditions Precedent to Disbursement means all conditions precedent to any obligation of Bank to make the Loan Disbursement, as set forth in Section 6 of this Agreement.
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Examples of Conditions Precedent to Disbursement in a sentence

  • A Utilization Request may be submitted only when the Facility Agent has received all documents and evidence in accordance with Schedule 2 Part I (Original Conditions Precedent to Disbursement), in form and substance satisfactory to the Facility Agent.

  • The conditions in Section 5.1 (Conditions Precedent to First Disbursement), Section 5.2 (Conditions of all Disbursements) and Section 5.3 (Conditions Precedent to Disbursement of the Third B Loan Tranche) are for the benefit of IDB and may be waived only by IDB in its discretion.

  • Notwithstanding any other provisions of this Agreement, Bank may, in its sole and absolute discretion, make the Initial Line of Credit Advance, prior to satisfaction of all of the Conditions Precedent to Disbursement, in which event, the failure to satisfy, within any reasonable time period established in writing by Bank, those Conditions Precedent to Disbursement which have not been satisfied, shall constitute an Event of Default pursuant to Section 10 of this Agreement.

  • LOAN DOCUMENTS Shall mean Loan Agreement, Master Promissory Note, Time Draft, The Guarantee Agreement and Instrument (at option of the Lender) and any and all Documents deemed necessary and appropriate by the Lender and its counsel in connection with the conditions of lending as set forth in Conditions Precedent to the Loan Closing and the Conditions Precedent to Disbursement, whichever shall be applicable.

  • The conditions in this Article IV (Conditions Precedent to Disbursement) are for the benefit of IFC and may be waived only by IFC in its sole discretion.

Related to Conditions Precedent to Disbursement

  • Conditions Precedent shall have the meaning set forth in Clause 4.2.

  • Funding Conditions With respect to any proposed Funding Date, the following conditions:

  • Closing Conditions shall include, but are not limited to, SI Securities determining in its sole discretion that at the time of a closing, the Minimum Offering has been met, the investment remains suitable for investors, investors have successfully passed ID, KYC, AML, OFAC, and suitability screening, and that Issuer has completed all actions required by it as communicated by SI Securities at the time of a closing.

  • Special Conditions of Contract means the pages completed by the Procuring Entity entitled Special Conditions of Contract which constitute Part A of the Special Conditions.

  • Disbursement Request means a disbursement request from the Borrower to the Administrative Agent and the Collateral Agent in the form attached hereto as Exhibit C in connection with a disbursement request from the Unfunded Exposure Account in accordance with Section 2.04(d) or a disbursement request from the Principal Collection Subaccount in accordance with Section 2.18, as applicable.

  • Initial Advance means the first Advance made pursuant to Article II.

  • GENERAL AND SPECIAL CONDITIONS OF CONTRACT means the instructions to Tenderer and General and special conditions of contract pertaining to the work for which above tenders have been called for.

  • Specific Conditions means the conditions in addition or in variation to the general conditions which the Commission may lay down specifically for a distribution licensee;

  • Special Conditions means Special Conditions of Contract, which override the General Conditions, also referred to as SCC.

  • Disbursement is defined in Section 2.6.2.

  • L/C Disbursement means a payment or disbursement made by an Issuing Bank pursuant to a Letter of Credit.

  • Report-based Disbursements means the Borrower’s option for withdrawal of funds from the Credit Account referred to in Part A.5 of Schedule 1 to this Agreement;

  • Request for Credit Extension means (a) with respect to a Borrowing, conversion or continuation of Committed Loans, a Committed Loan Notice, (b) with respect to an L/C Credit Extension, a Letter of Credit Application, and (c) with respect to a Swing Line Loan, a Swing Line Loan Notice.

  • Early Termination Conditions means the types of conditions listed in Schedule A.

  • Release Conditions mean the following conditions: (i) Company has received the Executive’s executed Release and (ii) any rescission period applicable to the Executive’s executed Release has expired.