a) The Lenders shall confirm that all financing prerequisites have been complied with or waived.
b) The financial close protocol shall be implemented and the funds are released to the preferred bidder/Project Company.
c) The financial model is updated for the permitted adjustments.
d) Privatization Contract (only insofar as it needs to be amended to reflect the permitted adjustments in the financial model) and related documentation is updated and the amendments signed by the Work Team, with delegated authority from the Entity, and the Project Company.