Contents
Article 11Pre-financing#
1.Member States may request, as part of their plan, a pre-financing payment of an amount of up to 15 % of the loan support.
2.The disbursement of pre-financing shall be subject to the entry into force of the loan agreement referred to in Article 10(2). The loan agreement may provide that payment of pre-financing is conditional upon the conclusion of the operational arrangements referred to in Article 10(3).
3.The payments shall be made subject to the availability of funding. The pre-financing may be disbursed in one or more tranches.
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