First Disbursement. Prior to the first disbursement under the Grant, or to the issuance by USAID of documentation pursuant to which disbursement will be made, the Grantee will, except as the Parties may otherwise agree in writing, furnish to USAID in form and substance satisfactory to USAID:
First Disbursement. The obligation of EBRD to make the first Disbursement shall be subject to the prior fulfilment, in form and substance satisfactory to EBRD, or at the sole discretion of EBRD the waiver, whether in whole or part and whether subject to conditions or unconditional, of the following conditions precedent:
First Disbursement. The obligation of EBRD to make the first Disbursement under the Loan shall be subject to the prior fulfilment, in form and substance satisfactory to EBRD, or at the sole discretion of EBRD the waiver, whether in whole or part and whether subject to conditions or unconditional, of the following conditions precedent (including, at EBRD’s sole discretion, certified English translations of documents executed in languages other than the English language):
First Disbursement. If a Performance Report indicates that the Company has made or caused to be made and retained Capital Investments of at least $___________, and has created and Maintained at least ___ New Jobs [OR, INDICATE OTHER MILESTONES, SUCH AS A CERTIFICATE OF OCCUPANCY], the Company will qualify for a disbursement of $__________ of the COF Grant proceeds. Then, within 30 days of the verification of that Performance Report by the Locality and VEDP, VEDP will disburse $_______ of the COF Grant proceeds to the Locality (the “First Disbursement”). Within 30 days of its receipt of such COF Grant proceeds, the Locality will disburse such COF Grant proceeds to the Authority. Within 30 days of its receipt of such COF Grant proceeds, the Authority will disburse such COF Grant proceeds to the Company.
First Disbursement. The first disbursement of the loan shall have occurred.
First Disbursement. Prior to the first disbursement of Loan Funds by the Escrow Agent, the following requirements shall be satisfied: • Owner shall furnish or cause to be furnished to Lender and Escrow Agent a Sworn General Contractor’s Statement which shall provide the names and addresses of such persons furnishing labor, services and materials for the Project, the kind of labor, services or material to be furnished, and the amounts to be paid pursuant to this Agreement. • Owner shall furnish or cause to be furnished to Escrow Agent W-9 forms from all payees (General Contractor, Subcontractors and Suppliers). ALL W-9’S MUST BE SUBMITTED PRIOR TO DISBURSEMENT OF FUNDS.
First Disbursement. Lender shall disburse the initial Disbursement in the amount of Five Million Five Hundred Thousand and No/100 Dollars ($5,500,000.00) at the time the Note is delivered and the Deed of Trust is recorded (the “Closing”), in connection with and subject to the closing of the acquisition by West Beach Street Watsonville, LLC of title to the Santa Xxxx Property described in the Deed of Trust.
First Disbursement. Lender shall not be obligated to make the First Disbursement until Borrower, at its expense, shall have fulfilled, to Lender's satisfaction, all provisions of this Agreement applicable thereto, including, without limitation, the delivery of the items referred to in the Commitment, and:
First Disbursement. The obligation of EBRD to make the first Disbursement shall be subject to the prior fulfilment, in form and substance satisfactory to EBRD, or at the sole discretion of EBRD the waiver, whether in whole or part and whether subject to conditions or unconditional, of the following conditions precedent: • Financing Agreements. EBRD shall have received duly executed originals of the following agreements: • the Parallel Lender Loan Agreement; • the Investment Agreement; • the Shareholders Agreement; • the Put Option Agreement; • the Bank Account Agreements; • the Intercreditor and Security Sharing Agreement; • the Completion Guarantee; • the Share Retention Deed; and • the Subordination Deed; • Project Agreements. EBRD shall have received certified copies of the following agreements: • the Borrower’s Charter; • the Sponsor’s Charter; • the Shareholder’s Charter; • the License(s); • the Construction Contract; • the Construction Sub-contracts; and • the Service Contracts.
First Disbursement. The Purchaser's obligation to make the first advance of principal under the Note is subject to the satisfaction by the Company or waiver in writing by the Purchaser of the following conditions:
