Common use of Conditions Precedent to First Disbursement Clause in Contracts

Conditions Precedent to First Disbursement. The requirements listed below are conditions precedent to any obligation of KEDFA to disburse any proceeds of the Grant, and the Authority and/or Company, as applicable, shall fully perform all of the following conditions precedent in form and substance acceptable to KEDFA in its sole discretion prior to funding:

Appears in 2 contracts

Sources: Loan Agreement (American Woodmark Corp), Loan Agreement (American Woodmark Corp)