Examples of Participating Province in a sentence
For purposes of carrying out any given Subproject, and prior to the carrying out of any of the works or Project activities under the pertinent Subproject, the Borrower, through MPF (through UCPyPFE), shall enter into an agreement (the Participation, Transfer and Maintenance Agreement) with the corresponding Participating Province, under terms and conditions acceptable to the Bank, which shall include, inter alia, those set forth in Schedule 4 to this Agreement.
The Borrower shall cause each Participating Province to carry on its operations and conduct its affairs in accordance with sound administrative, financial, technical, social, engineering and environmental practices under the supervision of qualified and experienced management assisted by competent staff in adequate numbers.
Pursuant to Section 6.02(p) of the General Conditions, the following an additional event is specified, namely, that as a result of events which have occurred after the date of the Loan Agreement, an extraordinary situation shall have arisen which shall make it improbable that any Participating Province will be able to perform any of its obligations under the corresponding Subsidiary Loan Agreement I and/or Subsidiary Loan Agreement II.
To this end, the Borrower, through the CEU, shall: (a) carry out Part C of the Project; and (b) cause each Participating Province I, through the corresponding DPV, to carry out the corresponding Subprojects pursuant to the provisions of the pertinent Amended Subsidiary Loan Agreement I, all in accordance with the provisions of Article V of the General Conditions.
Each Participating Province shall ensure that environmental safeguard screening procedures of the Non-Core Subprojects be applied in compliance with the environment assessment and review procedure formulated for the Project, which requires adequate consultations and the establishment of an environmental management plan for each Subproject.