Project Implementing Entity means a legal entity (other than the Borrower or the Guarantor) which is responsible for implementing all or a part of the Project and which is a party to the Project Agreement. If the Bank enters into a Project Agreement with more than one such entity, “Project Implementing Entity” refers separately to each such entity.

Project Implementing Entity means a legal entity (other than the Recipient or the Guarantor) which is responsible for implementing all or a part of the Project and which: (a) is a party to the Project Agreement; or (b) is not a party to the Project Agreement but is a party to an agreement (referred to in a Legal Agreement as a “Subsidiary Agreement”) whereby such party's role in implementing the Project or any part thereof is set forth. If there is more than one such entity, “Project Implementing Entity” refers separately to each such entity. For cases where clause (b) of this definition applies: the last sentence of Section 1.01 of these General Conditions shall be disregarded; the Association's obligation in Section 6.06(b)(ii) of these General Conditions to notify the Project Implementing Entity shall be disregarded; references to the Project Implementing Entity in Articles VIII and IX of these General Conditions shall be disregarded with the exception of the reference in Section 9.03; and, in those other Sections of these General Conditions where reference is made to a Project Implementing Entity’s obligations under the Project Agreement or under a Legal Agreement, such obligations shall be deemed to be those set forth in the respective “Subsidiary Agreement” referred to herein.

Project Implementing Entity or “PIE” means the Development Bank of Rwanda.

Examples of Project Implementing Entity in a sentence

The Recipient shall cause the Project Implementing Entity to monitor and evaluate the progress of the Project and prepare Project Reports in accordance with the provisions of Section 4.08 of the General Conditions and on the basis of indicators acceptable to the Association.
The Recipient shall, through the Project Implementing Entity, prepare and furnish to the Association for review and approval, not later than December 1 in each calendar year during the implementation of the Project, a proposed annual work plan and budget containing all activities proposed to be carried out under the Project in the forthcoming Fiscal Year.
To this end, the Recipient shall cause the Project to be carried out by the Project Implementing Entity in accordance with the provisions of Article IV of the General Conditions, the Project Agreement and this Agreement.
The Recipient shall cause the Project Implementing Entity to maintain a financial management system in accordance with the provisions of Section 4.09 of the General Conditions.

More Definitions of Project Implementing Entity

Project Implementing Entity s Legislation” means the Memorandum and Articles of Association approved by Resolution No. 8 of the meeting of shareholders of the Development Bank of Rwanda, dated March 23, 2012.

Project Implementing Entity means ARB Apex Bank, ECG or VRA, as the case may be; and “Project Implementing Entities” means, collectively, all such entities.

Project Implementing Entity means the Recipient’s Province of Sindh.

Project Implementing Entity means either of the Project Implementing Entities.

Project Implementing Entity means the Borrower’s Province of Shandong and any successor thereto.

Project Implementing Entity means the Guangxi Zhuang Autonomous Region and any successor thereto.