Common use of Drawdown request Clause in Contracts

Drawdown request. (a) Provided that the conditions set out in Clause 2.4(b) (Conditions precedent) are satisfied, the Borrower may draw on the Facility by delivery to the Lender of a duly completed Drawdown Request. Each Drawdown Request shall be delivered by the Borrower to the AFD office director at the address specified in Clause 16.1 (In writing and addresses). (b) With respect to Drawdowns of the Budget Support, the Borrower may - notwithstanding the provisions of Clause 2.4(b)(c) and Part IV of Schedule 4 (Conditions Precedent) - withdraw an amount not to exceed sixteen million five hundred thousand euros (EUR 16,500,000) as an advance against the future achievement of one or more DLRs – provided, however, that if the relevant DLRs, in the opinion of the Lender, are not achieved or only partially achieved by the Deadline for Drawdown of Funds the Borrower shall refund such advance (or the portion corresponding to such advance corresponding to the unachieved portion of the DLR, as determined by the Lender) to the Lender. Except as otherwise agreed with the Borrower, the Lender shall cancel the amount so refunded. Any further withdrawals requested as an advance under the Budget Support shall be permitted only on such terms and conditions as the Lender shall specify by notice to the Borrower. (c) With respect to Drawdowns under the Technical Assistance Tranche only, an electronic copy of the Drawdown Request duly completed and signed, together with all the supporting documents required for the relevant conditions precedent fulfilment, shall at first be submitted, to the Co-Financier, simultaneously with submission of the relevant Withdrawal Application under the IBRD loan in accordance with the terms and conditions of the IBRD Loan Agreement. Payments will be made under the Technical Assistance Tranche in accordance with the instructions in the Disbursement and Financial Information Letter (DFIL), updated if necessary, issued by the Co-Financier. Unless an exception is granted by the Lender, each Drawdown Request shall be made concurrently with a Withdrawal Application under the IBRD Loan Agreement for respective amounts to meet the pari passu financing indicated in Schedule 3A (Financing Plan).

Drawdown request. (a) Provided that the conditions set out in Clause 2.4(b) (Conditions precedent) are satisfied, satisfied the Borrower may draw on the Facility by delivery delivering to the Lender of a duly completed Drawdown Request. Each and signed Drawdown Request shall be delivered by the Borrower to the AFD office director at the address specified in Clause 16.1 (In writing and addresses).as described below: (bi) With respect to Drawdowns of the Budget Support, the Borrower may - notwithstanding the provisions of Clause 2.4(b)(c) and Part IV of Schedule 4 (Conditions Precedent) - withdraw an amount not to exceed sixteen million five hundred thousand euros (EUR 16,500,000) as an advance against the future achievement of one or more DLRs – provided, however, that if the relevant DLRs, in the opinion of the Lender, are not achieved or only partially achieved by the Deadline for Drawdown of Funds the Borrower shall refund such advance (or the portion corresponding to such advance corresponding to the unachieved portion of the DLR, as determined by the Lender) to the Lender. Except as otherwise agreed with the Borrower, the Lender shall cancel the amount so refunded. Any further withdrawals requested as an advance under the Budget Support shall be permitted only on such terms and conditions as the Lender shall specify by notice to the Borrower. (c) With respect to Drawdowns under the Technical Assistance Tranche only, an An electronic copy of the Drawdown Request duly completed and signed, together with all the supporting documents required for the relevant conditions precedent fulfilment, shall at first be submitted, to the Co-Financier, simultaneously with submission of the relevant Withdrawal Application under the IBRD loan in accordance with the conditions and terms and conditions of the IBRD Loan Agreement; and (ii) A hard copy of the duly completed and signed Drawdown Request shall be delivered by mail by the Borrower to the AFD office Director, at the address specified in Clause 16.1 (In writing and addresses). Payments will be made under the Technical Assistance Tranche in accordance with the instructions in the Disbursement and Financial Information Letter (DFIL), updated if necessary, issued by the Co-Financier. Unless an exception is granted by the Lender, each Drawdown Request shall be made concurrently with a Withdrawal Application under the IBRD Loan Agreement for respective amounts to meet the pari passu financing indicated in Schedule 3A Annex 3 (Financing Plan). (b) Each Drawdown Request is irrevocable and will be regarded as having been duly completed if: (i) the Drawdown Request is substantially in the form set out in Schedule 5A (Form of Drawdown Request); (ii) the Drawdown Request is received by the Lender at the latest fifteen (15) Business Days prior to the Deadline for Drawdown; (iii) the proposed Drawdown Date is a Business Day falling within the Availability Period;

Drawdown request. (a) Provided that the conditions set out in Clause 2.4(b) (2.4 Conditions precedent) are satisfied, satisfied the Borrower may draw on the Facility by delivery delivering to the Lender of a duly completed Drawdown Request. Each and signed Drawdown Request shall be delivered by the Borrower to the AFD office director at the address specified in Clause 16.1 (In writing and addresses).as described below: (bi) With respect to Drawdowns of the Budget Support, the Borrower may - notwithstanding the provisions of Clause 2.4(b)(c) and Part IV of Schedule 4 (Conditions Precedent) - withdraw an amount not to exceed sixteen million five hundred thousand euros (EUR 16,500,000) as an advance against the future achievement of one or more DLRs – provided, however, that if the relevant DLRs, in the opinion of the Lender, are not achieved or only partially achieved by the Deadline for Drawdown of Funds the Borrower shall refund such advance (or the portion corresponding to such advance corresponding to the unachieved portion of the DLR, as determined by the Lender) to the Lender. Except as otherwise agreed with the Borrower, the Lender shall cancel the amount so refunded. Any further withdrawals requested as an advance under the Budget Support shall be permitted only on such terms and conditions as the Lender shall specify by notice to the Borrower. (c) With respect to Drawdowns under the Technical Assistance Tranche only, an An electronic copy of the Drawdown Request duly completed and signed, together with all the supporting documents required for the relevant conditions precedent fulfilment, shall at first be submitted, to the Co-Financier, simultaneously with submission of the relevant Withdrawal Application under the IBRD loan in accordance with the conditions and terms and conditions of the IBRD Loan Agreement; and (ii) A hard copy of the duly completed and signed Drawdown Request shall be delivered by mail by the Borrower to the AFD office Director, at the address specified in Clause (16.1 In writing and addresses). Payments will be made under the Technical Assistance Tranche in accordance with the instructions in the Disbursement and Financial Information Letter (DFIL), updated if necessary, issued by the Co-Financier. Unless an exception is granted by the Lender, each Drawdown Request shall be made concurrently with a Withdrawal Application under the IBRD Loan Agreement for respective amounts to meet the pari passu financing indicated in Schedule 3A Annex 3 (Financing Plan). (b) Each Drawdown Request is irrevocable and will be regarded as having been duly completed if: (i) the Drawdown Request is substantially in the form set out in Schedule 5A (Form of Drawdown Request); (ii) the Drawdown Request is received by the Lender at the latest fifteen (15) Business Days prior to the Deadline for Drawdown; (iii) the proposed Drawdown Date is a Business Day falling within the Availability Period; (iv) the amount of the Drawdown complies with Clause (3.1 Drawdown amounts); and (v) all of the documents set out in Part IV and/or IV of Schedule 4 (Conditions Precedent) as the case may be, for the purposes of the Drawdown are attached to the Drawdown Request, comply with the abovementioned Schedule and with the requirements of Clause 3.4 (Disbursement Methods), and are in form and substance satisfactory to the Lender. Any documentary evidence, such as bills or paid invoices, shall include the reference number and date of the relevant payment order if applicable and required under the Co-Financier procedure. The Borrower undertakes to keep possession of the documentary evidence originals, to make such evidence available to the Lender at any time and to provide the Lender with Certified copies or duplicates of such evidence as the Lender may request.

Drawdown request. (a) Provided that the conditions set out in Clause 2.4(b) (Conditions precedent) are satisfied, the Borrower may draw on the Facility by delivery to the Lender of a duly completed Drawdown Request. Each Drawdown Request shall be delivered by the Borrower to the AFD office director at the address specified in Clause 16.1 (In writing and addresses). (b) With respect to Drawdowns of the Budget Support, the Borrower may - notwithstanding the provisions of Clause 2.4(b)(c) and Part IV of Schedule 4 (Conditions Precedent) - withdraw an amount not to exceed sixteen million five hundred thousand euros (EUR 16,500,000) as an advance against the future achievement of one or more DLRs – provided, however, that if the relevant DLRs, in the opinion of the Lender, are not achieved or only partially achieved by the Deadline for Drawdown of Funds the Borrower shall refund such advance (or the portion corresponding to such advance corresponding to the unachieved portion of the DLR, as determined by the Lender) to the Lender. Except as otherwise agreed with the Borrower, the Lender shall cancel the amount so refunded. Any further withdrawals requested as an advance under the Budget Support shall be permitted only on such terms and conditions as the Lender shall specify by notice to the Borrower. (c) With respect to Drawdowns under the Technical Assistance Tranche only, an electronic copy of the Drawdown Request duly completed and signed, together with all the supporting documents required for the relevant conditions precedent fulfilment, shall at first be submitted, to the Co-Financier, simultaneously with submission of the relevant Withdrawal Application under the IBRD loan in accordance with the terms and conditions of the IBRD Loan Agreement. Payments will be made under the Technical Assistance Tranche in accordance with the instructions in the Disbursement and Financial Information Letter (DFIL), updated if necessary, issued by the Co-Co- Financier. Unless an exception is granted by the Lender, each Drawdown Request shall be made concurrently with a Withdrawal Application under the IBRD Loan Agreement for respective amounts to meet the pari passu financing indicated in Schedule 3A (Financing Plan). (d) Each Drawdown Request is irrevocable and will be regarded as having been duly completed if: (i) the Drawdown Request is substantially in the form set out in Schedule 5A (Form of Drawdown Request); (ii) the Drawdown Request is received by the Lender at the latest fifteen (15) Business Days prior to the Deadline for Drawdown of Funds; (iii) the proposed Drawdown Date is a Business Day falling within the Availability Period;

Drawdown request. (a) Provided that the conditions set out in Clause 2.4(b) (Conditions precedent) are satisfied, the Borrower may draw on the Facility by delivery to the Lender of a duly completed and signed Drawdown Request. Each Drawdown Request shall be delivered by the Borrower through the Ministry of Environmental Protection (MEP) in hard copy to the AFD office director Director at the address specified in Clause 16.1 (In writing and addresses). (b) With respect to Drawdowns of the Budget Support, the Borrower may - notwithstanding the provisions of Clause 2.4(b)(c) and Part IV of Schedule 4 (Conditions Precedent) - withdraw an amount not to exceed sixteen million five hundred thousand euros (EUR 16,500,000) as an advance against the future achievement of one or more DLRs – provided, however, that if the relevant DLRs, in the opinion of the Lender, are not achieved or only partially achieved by the Deadline for Drawdown of Funds the Borrower shall refund such advance (or the portion corresponding to such advance corresponding to the unachieved portion of the DLR, as determined by the Lender) to the Lender. Except as otherwise agreed with the Borrower, the Lender shall cancel the amount so refunded. Any further withdrawals requested as an advance under the Budget Support shall be permitted only on such terms and conditions as the Lender shall specify by notice to the Borrower. (c) With respect to Drawdowns under the Technical Assistance Tranche only, an electronic copy of the Drawdown Request duly completed and signed, together with all the supporting documents required for the relevant conditions precedent fulfilment, shall at first be submitted, to the Co-Financier, simultaneously with submission of the relevant Withdrawal Application under the IBRD loan in accordance with the terms and conditions of the IBRD Loan Agreement. Payments will be made under the Technical Assistance Tranche in accordance with the instructions in the Disbursement and Financial Information Letter (DFIL), updated if necessary, issued by the Co-Financier. Unless an exception is granted by the Lender, each Drawdown Request shall be made concurrently with a Withdrawal Application drawdown request under the IBRD EBRD Loan Agreement for respective amounts to meet the pari passu financing indicated in Schedule 3A Annex 3 (Financing Plan). (c) The drawdowns will be handled by the Lender and the Co-Financier in accordance with their respective disbursement procedures, based on the overall loans amounts pro-rata approach taking into account also co-financing amounts from other financiers, as the case may be. (d) Pursuant to the terms and conditions set out in the Co-financing Agreement, once the Lender and the Co-Financier have both received a drawdown request in the form set out in their respective loan agreements, the Co-Financier will: (i) assess all the supporting documents submitted by the Borrower through the MEP, in compliance with its applicable internal rules and procedures; (ii) verify that the amount requested in the drawdown request complies with the requirements set out in the EBRD Loan Agreement; (iii) As the case may be, the Co-Financier will confirm to AFD (by email or any other written notice) that its conditions precedents for the relevant drawdown are met. (e) Each Drawdown Request is irrevocable and will be regarded as having been duly completed if: (i) the Drawdown Request is substantially in the form set out in Schedule 5A (Form of Drawdown Request); (ii) the Drawdown Request is received by the Lender at the latest fifteen (15) Business Days prior to the Deadline for Drawdown; (iii) the proposed Drawdown Date is a Business Day falling within the Availability Period;

Drawdown request. (a) Provided that the conditions set out in Clause 2.4(b2.4(b)(ii) (Conditions precedent) are satisfied, satisfied the Borrower may draw on the Facility by delivery delivering to the Lender of a duly completed Drawdown Request. Each and signed Drawdown Request shall be delivered by the Borrower to the AFD office director at the address specified in Clause 16.1 (In writing and addresses).as described below: (bi) With respect to Drawdowns of the Budget Support, the Borrower may - notwithstanding the provisions of Clause 2.4(b)(c) and Part IV of Schedule 4 (Conditions Precedent) - withdraw an amount not to exceed sixteen million five hundred thousand euros (EUR 16,500,000) as an advance against the future achievement of one or more DLRs – provided, however, that if the relevant DLRs, in the opinion of the Lender, are not achieved or only partially achieved by the Deadline for Drawdown of Funds the Borrower shall refund such advance (or the portion corresponding to such advance corresponding to the unachieved portion of the DLR, as determined by the Lender) to the Lender. Except as otherwise agreed with the Borrower, the Lender shall cancel the amount so refunded. Any further withdrawals requested as an advance under the Budget Support shall be permitted only on such terms and conditions as the Lender shall specify by notice to the Borrower. (c) With respect to Drawdowns under the Technical Assistance Tranche only, an An electronic copy of the Drawdown Request duly completed and signed, together with all the supporting documents required for the relevant conditions precedent fulfilment, shall at first be submitted, to the Co-Financier, simultaneously with submission of the relevant Withdrawal Application under the IBRD loan in accordance with the conditions and terms and conditions of the IBRD Loan Agreement; and (ii) A hard copy of the duly completed and signed Drawdown Request shall be delivered by mail by the Borrower to the AFD office Director, at the address specified in Clause 16.1 (In writing and addresses). Payments will be made under the Technical Assistance Tranche in accordance with the instructions in the Disbursement and Financial Information Letter (DFIL), updated if necessary, issued by the Co-Financier. Unless an exception is granted by the Lender, each Drawdown Request shall be made concurrently with a Withdrawal Application under the IBRD Loan Agreement for respective amounts to meet the pari passu financing indicated in Schedule 3A Annex 3 (Financing Plan). (b) Each Drawdown Request is irrevocable and will be regarded as having been duly completed if: (i) the Drawdown Request is substantially in the form set out in Schedule 5A (Form of Drawdown Request); (ii) the Drawdown Request is received by the Lender at the latest fifteen (15) Business Days prior to the Deadline for Drawdown; (iii) the proposed Drawdown Date is a Business Day falling within the Availability Period;