Common use of Administrative Cost Recovery Clause in Contracts

Administrative Cost Recovery. 3.1 In order to assist in the defrayment of the costs of administration and other expenses incurred by the Bank under this Agreement, the Bank may, following deposit of Contribution funds, deduct from such funds and retain for the Bank’s own account an amount equal to five percent (5.0%) of the Contributions.

Administrative Cost Recovery. 3.1 In order to assist in the defrayment of the costs of administration and other expenses incurred by the Bank under this AgreementBank, the Bank mayshall, following deposit of Contribution fundsany DFSP Funds, deduct from such funds and retain for the Bank’s own account an amount equal to five percent (5.05%) of the ContributionsDSFP Funds.

Administrative Cost Recovery. 3.1 7.1 In order to assist in the defrayment of the costs of administration and other expenses incurred by the Bank under this Agreement, the Bank may, following deposit of Contribution funds, may deduct from such funds and retain for the Bank’s its own account an amount equal to five two percent (5.02%) of the Contributionseach Contribution.

Administrative Cost Recovery. 3.1 3.1. In order to assist in the defrayment of the costs of administration and other expenses incurred by the Bank under this Agreement, the Bank may, following deposit of Contribution funds, may deduct from such funds and retain for the Bank’s its own account an amount equal to five one percent (5.01%) of each Contribution. In addition, costs for program management and trust fund administration as defined in Annex 1 will be charged to the ContributionsTrust Fund on an actual basis based on an annual budget for Program Management and Trust Fund Administration submitted and approved by the Consultative Group.

Administrative Cost Recovery. 3.1 In order to assist in the defrayment of the costs of administration and other expenses incurred by the Bank under this AgreementBank, the Bank mayshall, following deposit of Contribution fundsany DFSP Funds, deduct from such funds and retain for the Bank’s own account an amount equal to five percent (5.05%) of the ContributionsDSFP Funds.

Administrative Cost Recovery. 3.1 3.1. In order to assist in the defrayment of the costs of administration and other expenses incurred by the Bank under this AgreementArrangement, the Bank may, following deposit of Contribution funds, may deduct from such funds and retain for the Bank’s its own account an amount equal to five two percent (5.02%) of each Contribution. In addition, costs for program management and supervision as defined in Annex 1 up to a maximum of six percent (6%) of each contribution will be charged to the ContributionsTrust Fund on an actual basis.

Administrative Cost Recovery. 3.1 In order to assist in the defrayment of the costs of administration and other expenses incurred by the Bank under this Agreement, the Bank may, following deposit of the Contribution fundsby the Donor, deduct from such funds the total Contribution of the Donor and retain for the Bank’s own account an amount equal to five two percent (5.02%) of the ContributionsContribution. In addition, staff costs for program management and supervision up to a maximum of Six Hundred and Sixty Five Thousand United States Dollars (US$665,000) will be charged to the trust fund on an actual basis.

Administrative Cost Recovery. 3.1 In order to assist in the defrayment of the costs of administration and other expenses incurred by the Bank under this Agreementthe Administration Agreements, the Bank may, following deposit of a Contribution fundsby a Donor, deduct from such funds the total Contribution of the Donor and retain for the Bank’s own account an amount equal to five two percent (5.02 %) of the ContributionsContribution. In addition, the Bank may charge actual costs for supervision of all Bank Grant Agreements (as defined below) up to a maximum of one hundred thousand United States dollars (US$ 100,000).

Administrative Cost Recovery. 3.1 In order to assist in the defrayment of the costs of administration and other expenses incurred by the Bank under this Administration Agreement, the Bank may, following deposit of the Contribution fundsby the Contributor, deduct from such funds the total Contribution of the Contributor and retain for the Bank’s own account an amount equal to five percent (5.05 %) of the ContributionsContribution.

Administrative Cost Recovery. 3.1 6.1. In order to assist in the defrayment of the costs of administration and other expenses incurred by the Bank under this Agreement, the Bank may, following deposit of Contribution fundsthe Contribution, deduct from such funds and retain for the Bank’s its own account an amount equal to five percent (5.05%) of the ContributionsContribution. If the contributions increase beyond what was originally expected at the time of counter-signature of this Agreement, and the administrative costs increase as a result, the Donor acknowledges that an additional administrative fee may be applied to such new contributions.

Administrative Cost Recovery. 3.1 6.1. In order to assist in the defrayment of the costs of administration and other expenses incurred by the Bank under this AgreementArrangement, the Bank may, following deposit of the Contribution fundsby the Donor, deduct from such funds the Contribution and retain for the Bank’s 's own account an amount equal to five percent (5.0%) not exceeding 0.32% of the ContributionsContribution. In addition, an amount not exceeding 4.0 % of the Contribution will be allocated under the TF to cover the actual cost of (a) management of the Program; and (b) implementation support provided under individual Projects.”

Administrative Cost Recovery. 3.1 In order to assist in the defrayment of the costs of administration and other expenses incurred by the Bank under this Agreement, the Bank may, following deposit of Contribution funds, deduct from such funds and retain for the Bank’s own account an amount equal to five percent (5.05%) of the ContributionsContribution.

Administrative Cost Recovery. 3.1 3.1. In order to assist in the defrayment of the costs of administration and other expenses incurred by the Bank under this Agreement, the Bank may, following deposit of Contribution funds, may deduct from such funds and retain for the Bank’s its own account an amount equal to five percent (5.05%) of each Contribution. If the Contributionscontributions increase beyond what was originally expected at the time of counter- signature of the first administration agreement, and the administrative costs increase as a result, the Donors acknowledge that an additional administrative fee may be applied to such new contributions.

Administrative Cost Recovery. 3.1 3.1. In order to assist in the defrayment of the costs of administration and other expenses incurred by the Bank under this Agreement, the Bank may, following deposit of Contribution fundsContributions, deduct from such funds and retain for the Bank’s own account an amount equal to five percent (5.05%) of the Contributions.