Common use of Conditions Precedent to Initial Disbursement Clause in Contracts

Conditions Precedent to Initial Disbursement. Prior to the first disbursement or to the issuance of the first Letter of Com­ mitment under the Loan, the Borrower shall, except as A.I. D.· may otherwise agree in writing, furnish to A.I.D. in form and substance satisfactory to A. LO.

Conditions Precedent to Initial Disbursement. Prior to the first disbursement or to the issuance th0 issuanco of the first Letter Lettor of Com­ mitment Commitment under the Loan, the Borrower shall, except as A.I. D.· A.I.D. may otherwise agree in writing, furnish f urnish to A.I.D. in form and c1.nd substance satisfactory to A. LO.A.I.D.i