Common use of Conditions Precedent to First Disbursement Clause in Contracts

Conditions Precedent to First Disbursement. Unless OPIC otherwise agrees in writing, the obligation of OPIC to make the first Disbursement of the Loan is subject to the prior fulfillment, to OPIC’s satisfaction, of the following conditions precedent and to their continued fulfillment on the date of the first Disbursement:

Appears in 2 contracts

Sources: Loan Agreement (Interoil Corp), Loan Agreement (Interoil Corp)

Conditions Precedent to First Disbursement. Unless OPIC otherwise agrees in writing, the obligation of OPIC to make the first Disbursement of the Loan is subject to the prior fulfillment, to OPIC’s satisfaction's satisfaction in its sole discretion, of the following conditions precedent and to their continued fulfillment on the date of the first Disbursement:

Appears in 1 contract

Sources: Finance Agreement (Pioneer Group Inc)

Conditions Precedent to First Disbursement. Unless OPIC otherwise agrees in writing, the obligation of OPIC to make the first Disbursement of the Loan is subject to the prior fulfillment, to OPIC’s satisfaction's satisfaction in its sole discretion, of the following conditions precedent and to their continued fulfillment on the date of the first DisbursementClosing Date:

Appears in 1 contract

Sources: Loan Agreement (Pricesmart Inc)

Conditions Precedent to First Disbursement. Unless OPIC otherwise agrees in writing, the obligation of OPIC to make the first Disbursement of the Loan is subject to the prior fulfillment, to OPIC’s satisfactionsatisfaction in its sole discretion, of the following conditions precedent and to their continued fulfillment on the date of the first DisbursementClosing Date:

Appears in 1 contract

Sources: Loan Agreement