Examples of Single Withdrawal Tranche in a sentence
No withdrawal shall be made of the Single Withdrawal Tranche unless the Association is satisfied, based on evidence satisfactory to it, that the situation described in paragraph (c) of Section 3.01 of Article III of this Agreement has been resolved.
No withdrawal shall be made of the Single Withdrawal Tranche unless the Association is satisfied, based on evidence satisfactory to it, that a state of emergency has been declared by the Recipient’s Prime Minister or other authorized official, in accordance with the manner prescribed in Part II Sections 8 and/or 10 of the Recipient’s Disaster Risk Management Act 2021, to respond to a Catastrophic Event.
No withdrawal shall be made of the Single Withdrawal Tranche unless the Association is satisfied, based on evidence satisfactory to it that, in response to a Natural Disaster, the Recipient’s Head of State has declared, in accordance with the Recipient’s applicable law, that a State of Public Emergency exists in the Recipient’s territory, or in part of the Recipient’s territory, in relation to such Natural Disaster.