Amount of Disbursement. The specific amount of any Disbursement shall not exceed the amount justified by (i) the Request for Disbursement and by the Supporting Documentation, or (ii) the projected Project Costs approved by KEDFA, in DCCD's sole discretion. The Authority agrees to deliver to KEDFA at any time and from time to time, upon request of DCCD, all Supporting Documentation of the actual payment of such Project Costs. Disbursements of the Grant shall be made by DCCD to the Authority in one or more draws upon (i) execution of this Agreement by each of the parties hereto, (ii) the full performance by all applicable parties of each of the conditions precedent to the Grant set forth in this Agreement and in each of the other Grant Documents, and upon (iii) the receipt by DCCD of a properly completed and executed Request for Disbursement to which shall be attached all Supporting Documentation for the amount requested.
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Amount of Disbursement. The specific amount of any Disbursement shall not exceed the amount justified by (i) the Request for Disbursement and by the Supporting Documentation, or (ii) the projected Project Costs approved by KEDFA, in DCCD's ’s sole discretion. The Authority agrees to deliver to KEDFA at any time and from time to time, upon request of DCCD, all Supporting Documentation of the actual payment of such Project Costs. Disbursements of the Grant shall be made by DCCD to the Authority in one or more draws upon (i) execution of this Agreement by each of the parties hereto, (ii) the full performance by all applicable parties of each of the conditions precedent to the Grant set forth in this Agreement and in each of the other Grant Documents, and upon (iii) the receipt by DCCD of a properly completed and executed Request for Disbursement to which shall be attached all Supporting Documentation for the amount requested.
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