Common use of Conditions of First Disbursement Clause in Contracts

Conditions of First Disbursement. The obligation of IFC to make the first Disbursement is subject to the fulfillment prior to or concurrently with the making of that first Disbursement of the following conditions:

Appears in 3 contracts

Sources: Loan Agreement (Logistic Properties of the Americas), Loan Agreement, Loan Agreement (Chindex International Inc)

Conditions of First Disbursement. The obligation of IFC to make the first Additional Disbursement is subject to the fulfillment prior to or concurrently with the making of that first Additional Disbursement of the following conditions:

Appears in 2 contracts

Sources: Loan Agreement (Canuelas Mill S.A.C.I.F.I.A.), Loan Agreement (Canuelas Mill S.A.C.I.F.I.A.)

Conditions of First Disbursement. The obligation of IFC to make the first Disbursement is subject to the fulfillment fulfilment prior to or concurrently with the making of that first Disbursement of the following conditions:

Appears in 1 contract

Sources: Loan Agreement (Ambow Education Holding Ltd.)