Common use of Cooperation Agreements Clause in Contracts

Cooperation Agreements. 1. The Borrower, through ▇▇▇, MMA, MI or MCid, shall, prior to carrying out any Project activity which requires the assistance of a Participating Entity (as determined by the Borrower in accordance with the provisions of the Operational Manual), enter into an agreement (the Cooperation Agreement) with the relevant Participating Entity under terms and conditions approved by the Bank as further specified in the Operational Manual for purposes of assisting ▇▇▇, MMA, MI or MCid in the implementation of the respective Parts of the Project under their responsibility, and thereafter maintain the pertinent Cooperation Agreement throughout the implementation of the Project. 2. The Borrower, through ▇▇▇, MMA, MI or MCid, shall exercise its rights and carry out its obligations under each Cooperation Agreement in such manner as to protect the interests of the Borrower and the Bank and to accomplish the purposes of the Loan. Except as the Bank shall otherwise agree, the Borrower shall not assign, amend, abrogate, terminate, waive or fail to enforce any Cooperation Agreement or any provision thereof.