Common use of Disbursement Arrangements Clause in Contracts

Disbursement Arrangements. (a) Start-up Costs. Withdrawals in respect of expenditures for start-up costs for Components III incurred before the satisfaction of the general conditions precedent to withdrawal shall not exceed an aggregate amount of five hundred thousand United States dollars (USD 500 000) activities to be financed by Start- up Costs will require the no objection from IFAD to be considered eligible.

Appears in 1 contract

Sources: Negotiated Financing Agreement

Disbursement Arrangements. (a) Start-up Costs. Withdrawals in respect of expenditures for start-up costs for Components III (in Component 3 and Project management) incurred before the satisfaction of the general conditions General Conditions precedent to withdrawal shall not exceed an aggregate amount of five hundred thousand United States dollars (USD 500 000) activities 200,000. Activities to be financed by Start- Start-up Costs will require the no no-objection from IFAD to be considered eligible.

Appears in 1 contract

Sources: Negotiated Financing Agreement