Second Tranche Release Date definition

Second Tranche Release Date means the date on which the Bank notifies the Borrower that withdrawals may be made from the Loan Account by the Borrower pursuant to Section 2.02 (e) of this Agreement;

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Second Tranche Release Date means the date on which the Association sends the Borrower a notice to the effect that the conditions set forth or referred to in Section 2.02 (d) of this Agreement have been met;

Second Tranche Release Date means the date on which the Association sends the Recipient a notice to the effect that the actions set forth in Section I.B. of Schedule 1 to this Agreement have been satisfactorily taken.

Examples of Second Tranche Release Date in a sentence

• Submitted to its legislative branch, through MEF and prior to the beginning of the relevant fiscal year, a draft budget law for its fiscal year 2008 (and subsequent fiscal years up to and including such years which would begin before the Second Tranche Release Date), that in the opinion of ▇▇▇, is in conformity with the Program objectives, reflects adequate financing to support key priorities set forth in the I-PRSP (and, when completed, the PRSP) and includes a budget annex for FER.

• With respect to promoting efficiency, transparency and accountability in public resource use through public financial management and procurement reforms, the Recipient shall have: Executed the budget for its fiscal year 2007 (and subsequent fiscal years to conclude no less than six months prior to the Second Tranche Release Date), in accordance with its objectives and the allocations of the approved budget.

More Definitions of Second Tranche Release Date

Second Tranche Release Date means the date on which the Bank sends the Borrower a notice to the effect that the conditions set forth or referred to in Section 2.02 (d) of this Agreement have been met;

Second Tranche Release Date means the date on which the Bank sends the Borrower a notice to the effect that the conditions set forth or referred to in Section

Second Tranche Release Date means the date on which the Second Tranche Milestone, as set forth on the attached Exhibit D is achieved; provided, that if Parent prevents the Surviving Corporation from pursuing the Second Tranche Milestone, the Second Tranche Milestone shall be deemed to have been met.