Common use of Conditions Precedent; Sequencing Clause in Contracts

Conditions Precedent; Sequencing. MCC Funding will be disbursed in tranches. The obligation of MCC to approve MCC Disbursements and Material Re-Disbursements for the Program and each Project is subject to satisfactory progress in achieving the Objectives and on the fulfillment or waiver of any conditions precedent specified in the Disbursement Agreement for the relevant Program activity or Project or Project Activity. The sequencing of Project activities or Project Activities and other aspects of how the Parties intend the Projects to be implemented will be set forth in the Implementation Plan, including Work Plans for the applicable Project, and MCC Disbursements and Re-Disbursements will be disbursed consistent with that sequencing. Annex II-2 EXHIBIT A Multi-Year Financial Plan Component Year 1 Year 2 Year 3 Year 4 Year 5 Total (USD $ million)

Appears in 2 contracts

Samples: assets.mcc.gov, old.civil.ge

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Conditions Precedent; Sequencing. MCC Funding will be disbursed in tranches. The obligation of MCC to approve MCC Disbursements and Material Re-Disbursements for the Program Program, the Transport Infrastructure Project, and each Project Activity is subject to satisfactory progress in achieving the Project Objectives and on the fulfillment or waiver of any conditions precedent specified in the Disbursement Agreement for the relevant Program activity or activity, Project or Project Activity. The sequencing of Project activities or Project Activities and other aspects of how the Parties intend the Projects Transport Infrastructure Project to be implemented will be set forth in the Implementation Plan, including Work Plans for the applicable ProjectProject Activities, and MCC Disbursements and Re-Disbursements will be disbursed consistent with that sequencing. Annex ANNEX II-2 EXHIBIT A Multi-Year Financial Plan Component (in US$ millions) Year 1 Year 2 Year 3 Year 4 Year 5 Total (USD $ million)Total

Appears in 1 contract

Samples: mcavanuatu.gov.vu

Conditions Precedent; Sequencing. MCC Funding will be disbursed in tranches. The obligation of MCC to approve MCC Disbursements and Material Re-Disbursements for the Program and each Project is subject to satisfactory progress in achieving the Objectives and on the fulfillment or waiver of any conditions precedent specified in the Disbursement Agreement for the relevant Program activity or Project or Project Activity. The sequencing of Project activities Projects or Project Activities and other aspects of how the Parties intend the Projects to be implemented will be set forth in the Implementation Plan, including Work Plans for the applicable Project, and MCC Disbursements and Re-Re- Disbursements will be disbursed consistent with that sequencing. Annex ANNEX II-2 EXHIBIT A Multi-Year Financial Plan Summary Component Year 1 Year 2 Year 3 Year 4 Year 5 Total (USD $ million)Total

Appears in 1 contract

Samples: assets.mcc.gov

Conditions Precedent; Sequencing. MCC Funding will be disbursed in tranches. The obligation of MCC to approve MCC Disbursements and Material Re-Disbursements for the Program and each Project is subject to satisfactory progress in achieving the Objectives and on the fulfillment or waiver of any conditions precedent specified in the Disbursement Agreement for the relevant Program activity or Project or Project Activity. The sequencing of Project activities or Project Activities and other aspects of how the Parties intend the Projects to be implemented will be set forth in the Implementation Plan, including Work Plans for the applicable Project, and MCC Disbursements and Re-Disbursements will be disbursed consistent with that sequencing. Annex ANNEX II-2 EXHIBIT A MultiA: MULTI-Year Financial Plan Component YEAR FINANCIAL PLAN SUMMARY1 Project Year 1 Year 2 Year 3 Year 4 Year 5 Total (USD $ million)Total

Appears in 1 contract

Samples: assets.mcc.gov

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Conditions Precedent; Sequencing. MCC Funding will be disbursed in tranches. The obligation of MCC to approve MCC Disbursements and Material Re-Disbursements for the Program and each Project is subject to satisfactory progress in achieving the Objectives and on the fulfillment or waiver of any conditions precedent specified in the Disbursement Agreement for the relevant Program activity or Project or Project Activity. The sequencing of Project activities or Project Activities and other aspects of how the Parties intend the Projects to be implemented will be set forth in the Implementation Plan, including Work Plans for the applicable Project, and MCC Disbursements and Re-Disbursements will be disbursed consistent with that sequencing. Annex ANNEX II-2 EXHIBIT A Multi-Year Financial Plan Component Year 1 Year 2 Year 3 Year 4 Year 5 Total (USD $ million)

Appears in 1 contract

Samples: assets.mcc.gov

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