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). (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; (iv) the amount of the Drawdown complies with Clause 3.1 (Drawdown number); and (v) all of the documents set out in Part III and/or IV, as the case may be, 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.

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). (db) 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 FundsDrawdown; (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 number); and (v) all of the documents set out in Part III and/or IV, as the case may be, 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.

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). (db) 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 FundsDrawdown; (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 number); and (v) all of the documents set out in Part III and/or IV, as the case may be, 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.

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; (iv) the amount of the Drawdown complies with Clause 3.1 (Drawdown number); and (v) all of the documents set out in Part III and/or IV, as the case may be, 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.