Common use of Allocation of Loan Proceeds Clause in Contracts

Allocation of Loan Proceeds. (a) The Table below sets forth the Categories of Eligible Expenditures to be financed by the Loan and the allocation of the amounts of the Loan to each Category and the percentages of expenditures for items to be financed in each Category: Category Loan Amount Allocated in SDR % of Eligible Expenditures to be financed I. Civil works 2 950 000 100% net of taxes, Borrower and State contributions II. Vehicles & equipment 1 200 000 100% net of taxes and State contributions III. Capacity building 3 600 000 100% net of taxes

Appears in 1 contract

Samples: Financing Agreement

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Allocation of Loan Proceeds. (a) The Table below sets forth the Categories of Eligible Expenditures to be financed by the Loan and Loan, the allocation of the amounts of the Loan to each Category and the percentages of expenditures for items to be financed in each Category: Category Loan Amount Allocated (Expressed in SDR SDR) % of Eligible Expenditures to be financed Financed I. Civil works 2 950 Works 1 730 000 100% net of taxes, Borrower and State contributions II. Vehicles & equipment 1 200 000 100% net of taxes and State contributions III. Capacity building 3 600 000 100% net of taxes75%

Appears in 1 contract

Samples: Programme Loan Agreement

Allocation of Loan Proceeds. (a) The Table below sets forth the Categories of Eligible Expenditures to be financed by the Loan and the allocation of the amounts to each category of the Loan to each Category Financing and the percentages of expenditures for items to be financed in each Category: Category Loan Amount Allocated expressed in SDR % of Eligible Expenditures to be financed EUR Percentage I. Civil works 2 950 000 100% net of taxesVehicles, Borrower and State contributions Equipment & Materials II. Vehicles & equipment 1 200 Trainings, Studies and Services Providers 790 000 100% net of taxes and State contributions III. Capacity building 3 600 17 000 100000 000% net of taxes, government and beneficiaries contribution

Appears in 1 contract

Samples: webapps.ifad.org

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Allocation of Loan Proceeds. (a) The Table below sets forth the Categories of Eligible Expenditures to be financed by the Loan and the allocation of the amounts of the Loan to each Category and the percentages of expenditures for items to be financed in each Category: Category Loan Amount Allocated in SDR % of Eligible Expenditures to be financed I. Civil works 2 950 000 . All amounts are 100% net of taxes, Borrower Government contribution and State contributions beneficiary contribution: Category Loan Amount Allocated (expressed in USD) I. Works 950 000 II. Vehicles & equipment Equipment and Material (including vehicles) 1 200 860 000 100% net of taxes and State contributions III. Capacity building 3 600 Consultancies 1 470 000 100% net of taxesIV. Grants and subsidies 4 050 000 V. Operating Cost 670 000 Unallocated (10%) 1 000 000 Total 10 000 000

Appears in 1 contract

Samples: webapps.ifad.org

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