EIB Allocation Report Clause Samples

EIB Allocation Report. (a) The Borrower, in conjunction with the Co-ordinator, shall establish and maintain an internal reporting system for the monitoring of the Allocations (the “EIB Allocation Report”). (b) The EIB Allocation Report shall contain the name of each Final Beneficiary and the relevant Intermediary, the dates and amounts of disbursements to the respective Final Beneficiary as well as their interest rate (or equivalent) and duration and any other information specified in the Side Letter. (c) The Borrower shall provide the Bank with the EIB Allocation Report for each disbursed Tranche, including evidence of the average financial advantage transferred to the Final Beneficiaries as well as information on all Sub-Projects to which allocations have been made under this Contract, at the Bank’s request and in any case at the latest 56 (fifty-six) months from the Date of Effectiveness.