Common use of Disbursement Procedure Clause in Contracts

Disbursement Procedure. (a) The Borrowers may request Disbursements by delivering to OFID, at least 10 Business Days prior to the proposed date of disbursement, a Disbursement request substantially in the form of Schedule 2. (b) Each Disbursement shall be made by OFID for credit to the Borrowers' account at such a bank as the Borrowers shall indicate, or to any other Person or account as the Borrowers shall indicate that is acceptable to OFID, all as specified by the Borrowers in the relevant Disbursement request. (c) Each Disbursement (other than the last one) shall be made in an amount of not less than $3,000,000. (d) The Borrowers shall deliver to OFID a receipt, substantially in the form of Schedule 3, within 5 Business Days following each Disbursement.

Disbursement Procedure. (a) The Borrowers may request Disbursements by delivering to OFIDIFC, at least 10 Business Days prior to the proposed date of disbursement, a Disbursement request substantially in the form of Schedule 2. (b) Each Disbursement shall be made by OFID IFC for credit to the Borrowers' account at such a bank as the Borrowers shall indicate, or to any other Person or account as the Borrowers shall indicate that is acceptable to OFIDIFC, all as specified by the Borrowers in the relevant Disbursement request. (c) Each Disbursement (other than the last one) shall be made in an amount of not less than $3,000,000. (d) The Borrowers shall deliver to OFID IFC a receipt, substantially in the form of Schedule 3, within 5 Business Days following each Disbursement.

Disbursement Procedure. (a) The Borrowers Borrower may request Disbursements by delivering to OFIDIFC, at least 10 ten (10) Business Days prior to the proposed date of disbursement, a Disbursement request substantially in the form of Schedule 2. (b) Each Disbursement shall be made by OFID IFC for credit to the Borrowers' Borrower's account at such a bank as the Borrowers Borrower shall indicate, or to any other Person or account as the Borrowers Borrower shall indicate that is acceptable to OFIDIFC, all as specified by the Borrowers Borrower in the relevant Disbursement request. (c) Each Disbursement (other than the last one) shall be made in an amount of not less than $3,000,000. (d) The Borrowers Borrower shall deliver to OFID IFC a receipt, substantially in the form of Schedule 3, within 5 five (5) Business Days following each Disbursement.

Disbursement Procedure. (a) The Borrowers Borrower may request Disbursements by delivering to OFID, at least 10 ten (10) Business Days prior to the proposed date of disbursement, a Disbursement request substantially in the form of Schedule 2. (b) Each Disbursement shall be made by OFID for credit to the Borrowers' Borrower's account at such a bank as the Borrowers Borrower shall indicate, or to any other Person or account as the Borrowers Borrower shall indicate that is acceptable to OFID, all as specified by the Borrowers Borrower in the relevant Disbursement request. (c) Each Disbursement (other than the last one) shall be made in an amount of not less than $3,000,000. (d) The Borrowers Borrower shall deliver to OFID a receipt, substantially in the form of Schedule 3, within 5 five (5) Business Days following each Disbursement.

Disbursement Procedure. (a) The Borrowers may request Disbursements by delivering to OFIDIFC, at least 10 ten (10) Business Days prior to the proposed date of disbursement, a Disbursement request substantially in the form of Schedule 2. (b) Each Disbursement shall be made by OFID IFC for credit to the Borrowers' account at such a bank as the Borrowers shall indicate, or to any other Person or account as the Borrowers shall indicate that is acceptable to OFIDIFC, all as specified by the Borrowers in the relevant Disbursement request. (c) Each Disbursement (other than the last one) shall be made in an amount of not less than $3,000,000. (d) The Borrowers shall deliver to OFID IFC a receipt, substantially in the form of Schedule 3, within 5 five (5) Business Days following each Disbursement.