Subproject Agreements. 1. The Sponsoring Agencies selected to carry out the Subprojects shall promptly enter into Subproject Agreements with SIF, on terms and conditions satisfactory to the Association, pursuant to which SIF shall, inter alia, obtain rights adequate to protect the interests of the Association and SIF, including the rights of SIF to:
Subproject Agreements. 4. (a) In financing the carrying out of a Subproject under Part B.1 (a) of the Project, MEPN shall enter into a Subproject Agreement with a Beneficiary.
Subproject Agreements. 3. For purposes of Subproject implementation, operation, and maintenance, the Recipient shall, through the MOIT, enter into a Subproject Agreement with the respective Provincial People’s Committee and the respective Local Electricity Utilities, in accordance with procedures and on terms and conditions acceptable to the Association and as set out in the MOIT Operational Manual for Renewable Energy, which shall include the following: a description of the Subproject, its budget, and the applicable performance indicators; the obligation of the respective Provincial People’s Committee and the respective Local Electricity Utilities to: (A) maintain a financial management system and prepare financial statements in accordance with consistently applied accounting standards acceptable to the Association, both in a manner adequate to reflect the operations, resources, and expenditures related to the Subproject; and (B) at the request of the Recipient, or the Association, have the records relating to the Subproject audited by independent auditors acceptable to the Association, in accordance with consistently applied auditing standards acceptable to the Association, and promptly furnish the records as so audited to the Recipient and the Association; the obligation of the respective Provincial People’s Committee and the respective Local Electricity Utilities to carry out the Subproject in accordance with the provisions of the Anti-Corruption Guidelines applicable to recipients of loan proceeds other than the Recipient; the obligation of the respective Provincial People’s Committee and the respective Local Electricity Utilities to carry out the Subproject in accordance with the provisions of: (i) the MOIT Operational Manual for Renewable Energy, including the Environmental Procedures, the Policy Framework for Compensation, Resettlement, and Rehabilitation of Project Affected Persons, and the Policy Framework for Ethnic Minorities Development Plan; (ii) any environmental impact assessment for the Subproject and any related mitigation measures; (iii) any resettlement action plan for the Subproject; and (iv) any ethnic minorities development plan for the Subproject, and to not, except as the Association shall otherwise agree in writing, assign, amend, abrogate, or waive, or permit to be assigned, amended, abrogated, or waived, the aforementioned, or any provision thereof; the right of the Recipient, through the MOIT, and of the Recipient in its own right, to obtain a refund...
Subproject Agreements. 3. For purposes of Subproject implementation, operation, and maintenance, the Recipient shall, through the MOIT, enter into a Subproject Agreement with the respective Provincial People’s Committee and the respective Local Electricity Utilities, in accordance with procedures and on terms and conditions acceptable to the Association and as set out in the MOIT Operational Manual for Renewable Energy, which shall include the following:
Subproject Agreements. 1. To facilitate the carrying out of the EFMS’ Respective Activities under the Project, the Recipient shall make the proceeds of the Financing allocated from time to time to Category (2) of the table set forth in Section III.1 of this Schedule available to the EFMS under the respective subproject agreement to be between the Recipient and each such EFMS, under terms and conditions approved by the Association (the “Subproject Agreement”).
