Conditions Precedent to Any Disbursement. Bondowner Representative’s obligation to make any “drawdown” purchase of Bonds and corresponding Disbursement of the Loan (including the first Disbursement and the final Disbursement) shall be subject to the satisfaction (or waiver by Bondowner Representative, in its sole discretion) of the following conditions precedent:
Appears in 3 contracts
Samples: Loan Agreement, Loan Agreement, Loan Agreement
Conditions Precedent to Any Disbursement. Bondowner Representative’s obligation to make any “drawdown” purchase of Bonds the Bond and corresponding Disbursement of the Loan (including the first Disbursement and the final Disbursement) shall be subject to the satisfaction (or waiver by Bondowner Representative, in its sole discretion) of the following conditions precedent:
Appears in 1 contract
Samples: Loan Agreement
