Common use of Conditions precedent Clause in Contracts

Conditions precedent. (a) No later than the Signing Date, the Borrower shall provide to the Lender all of the documents set out in Part I of Schedule 4 (Conditions Precedent). (b) A Drawdown Request may not be delivered to the Lender unless: (a) this Agreement has become effective upon the satisfaction of the conditions stipulated in the Part II of Schedule 4 (Conditions Precedent); (b) in the case of the first Drawdown under the Budget Support Tranche, the Lender has received all of the documents listed in Part III of Schedule 4 (Conditions Precedent) and has notified the Borrower that such documents are satisfactory in form and substance; (c) in the case of any subsequent Drawdown under the Budget Support Tranche, the Lender has received all of the documents set out in Part IV of Schedule 4 (Conditions Precedent) and has notified the Borrower that such documents are satisfactory in form and substance; (d) in the case of the first Drawdown under the Technical Assistance Tranche, the Lender has received all of the documents listed in Part V of Schedule 4 (Conditions Precedent) and has notified the Borrower that such documents are satisfactory in form and substance; (e) in the case of any Drawdown under the Technical Assistance Tranche, the Lender has received from the Co-Financier the Disbursement Notice advising the Lender make the requested Drawdown available to the Borrower; and (f) on the date of the Drawdown Request and on the proposed Drawdown Date for the relevant Drawdown, no Payment Systems Disruption Event has occurred and the conditions set out in this Agreement have been fulfilled, including: (1) no Event of Default is continuing or would result from the proposed Drawdown; (2) no Co-Financier has suspended its payments in relation to the Operation; (3) the Drawdown Request has been made in accordance with the terms of Clause 3.2 (Drawdown request); (4) each representation given by the Borrower in relation to Clause 10 (Representations and warranties) is true. 3. DRAWDOWN OF FUNDS 3.1 Drawdown number

Conditions precedent. (a) No later than the Signing Date, the Borrower shall provide to the Lender all of the documents set out in Part I of Schedule 4 (Conditions Precedent). (b) A The Drawdown Request may not be delivered to the Lender unless: (ai) this Agreement has become effective upon the satisfaction of the conditions stipulated in the Part II of Schedule 4 (Conditions Precedent); (b) in the case of the first Drawdown under the Budget Support Tranche, the Lender has received all of the documents listed in Part II and III of Schedule 4 (Conditions Precedent) and has notified the Borrower that such documents are satisfactory in form and substance; (c) in the case of any subsequent Drawdown under the Budget Support Tranche, the Lender has received all of the documents set out in Part IV of Schedule 4 (Conditions Precedent) and has notified the Borrower that such documents are satisfactory in form and substance; (d) in the case of the first Drawdown under the Technical Assistance Tranche, the Lender has received all of the documents listed in Part V of Schedule 4 (Conditions Precedent) and has notified the Borrower that such documents are satisfactory in form and substance; (e) in the case of any Drawdown under the Technical Assistance Tranche, the Lender has received from the Co-Financier the Disbursement Notice advising the Lender make the requested Drawdown available to the Borrower; and (fii) on the date of the Drawdown Request and on the proposed Drawdown Date for the relevant proposed Drawdown, no Payment Systems Disruption Event has occurred and the conditions set out in this Agreement have been fulfilled, including: (1) no Event of Default is continuing or would result from the proposed Drawdown; (2) no Co-Financier has suspended its payments in relation to the Operation; (3) the Drawdown Request has been made in accordance with the terms of Clause 3.2 (Drawdown request); (43) each representation given by the Borrower in relation to Clause 10 (Representations and warranties) is true. 3. DRAWDOWN OF FUNDS. 3.1 Drawdown numberamounts 3.2 Drawdown request (a) the Drawdown Request is substantially in the form set out in Schedule 5A (Form of Drawdown Request); (b) the Drawdown Request is received by the Lender at the latest fifteen (15) Business Days prior to the Deadline for Drawdown; (c) the proposed Drawdown Date is a Business Day falling within the Availability Period; (d) the amount of the Drawdown complies with Clause 3.1 (Drawdown amounts); and (e) all of the documents set out in Part II and III of Schedule 4 (Conditions Precedent) 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 (Payment mechanics), and are in form and substance satisfactory to the Lender.

Conditions precedent. (a) No later than on the Framework Agreement Signing Date, the Borrower shall provide to the Lender all of the documents set out in Part I (Conditions Precedent to the signing of the Framework Agreement and the First Credit Specific Agreement) of Schedule 4 3 (Conditions Precedent)) of the Framework Agreement, in form and substance satisfactory to the Lender. (b) No later than on the Signing Date of the Second Credit Specific Agreement, the Borrower shall provide to the Lender all of the documents set out in Part II (Conditions Precedent to the signing of the Second Credit Specific Agreement) of Schedule 3 (Conditions Precedent) of the Framework Agreement, in form and substance satisfactory to the Lender. (c) A Drawdown Request may not be delivered to the Lender unless: (a) this Agreement has become effective upon the satisfaction of the conditions stipulated in the Part II of Schedule 4 (Conditions Precedent); (b) in the case of the first Drawdown under the Budget Support TrancheFirst Credit, the Lender has received all of the documents listed in Part III - B (Conditions Precedent to the Drawdown of the First Credit) of Schedule 4 3 (Conditions Precedent) of the Framework Agreement and has notified the Borrower that such documents are satisfactory in form and substance;; and (cb) in the case of any subsequent Drawdown under the Budget Support TrancheSecond Credit, the Lender has received all of the documents set out in Part IV – B (Conditions Precedent to the Drawdown of the Second Credit) of Schedule 4 3 (Conditions Precedent) of the Framework Agreement and has notified the Borrower that such documents are satisfactory in form and substance;. (d) in the case of the first Drawdown under the Technical Assistance Tranche, the The Lender has received all of the documents listed in Part V of Schedule 4 (Conditions Precedent) and has notified the Borrower that such documents are satisfactory in form and substance; (e) in the case of any Drawdown under the Technical Assistance Tranche, the Lender has received from the Co-Financier the Disbursement Notice advising the Lender will have to make the requested a Drawdown available to the Borrower; and (f) only if, on the applicable date of the Drawdown Request and on the proposed applicable Drawdown Date for the relevant DrawdownDate, no Payment Systems Disruption Event has occurred and the conditions set out in this Agreement the Finance Documents have been fulfilled, including: (1a) no Event of Default is continuing or would result from the proposed Drawdown; (2) no Co-Financier has suspended its payments in relation to the Operation; (3b) the Drawdown Request has been made in accordance with the terms of Clause 3.2 5.2 (Drawdown request)Request) of the Framework Agreement; (4c) each representation given by the Borrower in relation to Clause 10 12 (Representations and warranties) of the Framework Agreement is true. 3. DRAWDOWN OF FUNDS. 3.1 (e) The Lender reserves the right not to make a Drawdown numberavailable if a Co-Financier has suspended its payments in relation to any of the Program Phases. 5.1 Availability of Drawdowns 5.2 Drawdown Request (a) the Drawdown Request is substantially in the form set out in Part I (Form of Drawdown Request) of Schedule 4 (Forms for the Drawdowns under a Credit) of the Framework Agreement; (b) the Drawdown Request is received by the Lender at the latest fifteen