Conditions Precedent to All Disbursements Sample Clauses

Conditions Precedent to All Disbursements. The obligation of the BANK to make each disbursement under the CONSTRUCTION LOAN (including the initial disbursement) shall be subject to the further conditions precedent that on the date of such disbursement:
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Conditions Precedent to All Disbursements. Notwithstanding anything in this Agreement to the contrary, the TIFIA Lender shall have no obligation to make any disbursement of loan proceeds to the Borrower (including the initial disbursement hereunder) until each of the following conditions precedent has been satisfied or waived in writing by the TIFIA Lender:
Conditions Precedent to All Disbursements. Ex-Im Bank’s obligation to make each Disbursement, including the initial Disbursement, is subject to the following conditions precedent:
Conditions Precedent to All Disbursements. The obligation of the Lenders to make any and all Disbursements (including the initial Disbursement) is subject to the satisfaction of the following conditions precedent on the relevant Disbursement Date to the satisfaction of the Administrative Agent:
Conditions Precedent to All Disbursements. All Disbursements (including, except where otherwise stated, the first Disbursement) are subject to the fulfillment in form and substance, and in a manner, satisfactory to IDB Invest, not later than three (3) Business Days prior to the applicable Disbursement Date of the following conditions; provided, that any condition that is specified to be required to be met on the Disbursement Date shall be satisfied on or before the Disbursement Date:
Conditions Precedent to All Disbursements. All Disbursements (including, except where otherwise stated, the first and second Disbursement) are subject to the fulfillment in form and substance, and in a manner, satisfactory to BlaO, not later than three (3) Business Days prior to the applicable Disbursement Date of the following conditions; provided, that any condition that is specified to be required to be met on the Disbursement Date shall be satisfied on or before the Disbursement Date:
Conditions Precedent to All Disbursements. The obligations of the Bank to make any Revolving Loan on any Funding Date, including, but not limited to, the Funding Date first occurring, are subject to the occurrence, prior to or on the Funding Date related to such Revolving Loan, of each of the following conditions as well as other conditions set forth in this Agreement:
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Conditions Precedent to All Disbursements. Lender’s approval of any Disbursement (including the Initial Disbursement) shall be further subject to the satisfaction of each of the following conditions at the time of each requested Disbursement:‌
Conditions Precedent to All Disbursements. On or before each Disbursement including, but not limited to, the first Disbursement unless specified, the following conditions shall be met or have been complied with by the Borrower, to the satisfaction of the Lender, acting reasonably:
Conditions Precedent to All Disbursements. Notwithstanding anything in this Agreement to the contrary, the TIFIA Lender shall have no obligation to make any disbursement of loan proceeds to the Borrower (including the initial disbursement hereunder) until each of the following conditions precedent has been satisfied or waived in writing by the TIFIA Lender: [The Borrower shall have provided to the TIFIA Lender evidence satisfactory to the TIFIA Lender that prior thereto, or simultaneously therewith, a disbursement of Senior Obligation proceeds has occurred such that as of such TIFIA Loan disbursement, the aggregate amount of all disbursements of the TIFIA Loan (including the requested disbursement but excluding any interest that is capitalized in accordance with the terms hereof) shall not exceed [___] percent ([__]%) of the total amount of reasonably anticipated Eligible Project Costs.]96 With respect to any disbursement occurring sixty (60) days or more after the Effective Date, the Borrower shall have provided the Financial Plan, or the most recent update thereto, in each case in accordance with Section 22(a) (Financial Plan), which Financial Plan (or update thereto) reflects that amortization of the principal amount of any Senior Obligations does not commence before the Debt Service Payment Commencement Date. To the extent not previously delivered to the TIFIA Lender, the Borrower shall have delivered to the TIFIA Lender certified, complete and fully executed copies of any Indenture Documents entered into after the Effective Date. To the extent not previously delivered to the TIFIA Lender, the Borrower shall have provided certified copies of all Principal Project Contracts and all Additional Project Contracts requested by the TIFIA Lender pursuant to Section 16(b) (Copies of Documents) or Section 17(e) (Additional Project Contracts) (including, in each case, any amendment, modification or supplement thereto) entered into after the Effective Date. The Borrower shall have demonstrated to the TIFIA Lender’s satisfaction that all Governmental Approvals necessary as of the time of the applicable disbursement for the development, construction, operation and maintenance of the Project have been issued and are in full force and effect.97 Each of the insurance policies obtained by the Borrower and by any applicable Principal Project Party in satisfaction of the conditions in Section 13(a)(xviii) (Insurance) is in full force and effect, and no notice of termination thereof has been issued by the applicab...
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