Deposit of Financing Amounts. 1. Notwithstanding the provisions of Section 2.03 of the General Conditions:
Deposit of Financing Amounts. 1. Except as the Association may otherwise agree:
Deposit of Financing Amounts. 1. The Recipient, within thirty (30) days after the withdrawal of the Financing from the Financing Account, shall report to the Association: (a) the exact sum received into the account referred to in Section 2.03 (a) of the General Conditions; (b) the details of the account to which the Pakistani Rupee equivalent of the Financing proceeds will be credited; (c) the record that an equivalent amount has been accounted for in the Recipient’s budget management systems; and (d) the statement of receipts and disbursement of the account referred to in Section 2.03 (a) of the General Conditions.
Deposit of Financing Amounts. 1. The Recipient shall open, prior to furnishing to the Association the first request for withdrawal from the Financing Account, and thereafter maintain the following two deposit accounts (“Deposit Accounts”) on terms and conditions satisfactory to the Bank:
Deposit of Financing Amounts. 1. The Recipient, within thirty (30) days after the withdrawal of the Financing from the Financing Account, shall report to the Association: (a) the exact sum received into the account referred to in Section 2.03 (a) of the General Conditions; (b) the details of the account to which the Eastern Caribbean Dollars (XCD) equivalent of the Financing proceeds will be credited; (c) the record that an equivalent amount has been accounted for in the Recipient’s budget management systems; and (d) the statement of receipts and disbursement of the account referred to in Section 2.03 (a) of the General Conditions.
Deposit of Financing Amounts. 1. The Recipient, within thirty (30) days after the withdrawal of the Financing from the Financing Account, shall report to the Association: (a) the exact sum received into the deposit account referred to in Section 2.03 of the General Conditions;
Deposit of Financing Amounts. The Recipient, within thirty (30) days after the withdrawal of each of the First Withdrawal Tranche and the Second Withdrawal Tranche from the Financing Account, shall report to the Association: (a) the exact sum received into the account referred to in Section 2.03 (a) of the General Conditions; (b) the details of the account to which the Pakistani Rupee equivalent of the Financing proceeds will be credited; (c) the record that an equivalent amount has been accounted for in the Recipient’s budget management systems; and (d) the statement of receipts and disbursement of the account referred to in Section 2.03 (a) of the General Conditions.
Deposit of Financing Amounts. 1. The Recipient shall open, prior to furnishing to the Association the first request for withdrawal from the Financing Account, and thereafter maintain the following two deposit accounts (“Deposit Accounts”) at Banque Nationale du Rwanda on terms and conditions satisfactory to the Bank:
Deposit of Financing Amounts. Except of the Association may otherwise agree: any withdrawal from the Financing Account for the financing of expenditures under Component 2 of the Project shall be deposited by the Association into an account designated by the Recipient and acceptable to the Association; and the Recipient shall ensure that upon each deposit of an amount of the Financing into this account, an equivalent amount in Rupees is deposited, within two working days, in the Province of Sindh’s Consolidated Fund – Account No. 1 (Non-Food), in a manner acceptable to the Association. SCHEDULE 3 Disbursement Linked Indicators Disbursement Linked Indicator No.1 Actions to be Completed Prior to the First Scheduled Disbursement. Implementation of Governance Reform Memorandum of understanding signed between STEVTA and selected institutions with properly established governing boards, for at least fifty (50) programs selected for establishment, improvement or upgrading. Disbursement Linked Indicator No. 2 Actions to be Completed Prior to the Second Scheduled Disbursement. Development of Market-Driven Curricula Revised curricula developed and adopted by the relevant institutions, for at least seventy percent (70%) of the vocational/technical training programs selected under the Project by June 30, 2012; and Technical specifications for at least seventy percent (70%) of the curriculum-compliant equipment and materials required by the vocational/technical training programs supported under the Project have been developed, and the respective tenders have been prepared. The Finance Department of Sindh has allocated to STEVTA in the Sindh’s fiscal year budget, the resources required to purchase at least fifty percent (50%) of the curriculum-compliant learning equipment detailed in the equipment purchase plans. Disbursement Linked Indicator No. 3 Actions to be Completed Prior to the Third Scheduled Disbursement. Adequately Equipping Reformed Programs At least seventy percent of the vocational/technical training programs selected under the Project by June 30, 2012, have: facilities that have been renovated/refurbished according to the approved plan, as validated on a sample basis by a third party; installed curriculum-compliant learning equipment as detailed in the equipment purchase plans submitted to STEVTA, as verified on a sample basis by a third party; and teacher placement plans and faculty training plans completed, as verified on a sample basis by a third party. Disbursement Linked Indicator N...
