Disbursement Tranche definition

Disbursement Tranche means, for loans to support policy reforms, the amount or the portion of the resources of the Loan eligible for disbursement once the Borrower has complied with the relevant contractual conditions.
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Examples of Disbursement Tranche in a sentence

  • The Disbursement Tranche will be subject to the compliance by the Borrower with the conditions precedent set forth in this Contract.

  • The disbursement of this single Disbursement Tranche will be subject to the compliance by the Borrower of the conditions precedent set forth in this Contract.

  • The disbursement of the Disbursement Tranche will be subject to the compliance by the Borrower of the conditions precedent set forth in this Contract.

  • The Disbursement Tranche will be subject to the compliance by the Borrower of the conditions precedent set forth in this Contract.