Execution of the HNPSP Clause Samples
Execution of the HNPSP. (a) The Borrower declares its commitment to the objectives of the HNPSP as set forth in Schedule 2 to this Agreement, and, to this end, shall carry out the HNPSP with due diligence and efficiency and in conformity with appropriate health, nutrition and population, technical, administrative, financial and environmental practices, and shall provide, promptly as needed, the funds, facilities, services and other resources required for the HNPSP.
(b) Without limitation upon the provisions of paragraph (a) of this Section and except as the Borrower and the Association shall otherwise agree, the Borrower shall carry out the HNPSP in accordance with the EMP, HCWMP, THP, the HNPSP Implementation Manual, as applicable, and the Implementation Program set forth in Schedule 4 to this Agreement.
(a) Except as the Association shall otherwise agree, procurement of the goods, works and services required for the HNPSP and to be financed out of the proceeds of the Credit shall be governed by the provisions of Schedule 3 to this Agreement as said provisions may be further elaborated in the Procurement Plan.
(b) The Borrower shall update the Procurement Plan in accordance with guidelines acceptable to the Association, and furnish such update to the Association not later than twelve (12) months after the date of the preceding Procurement Plan, for the Association’s approval.
Section 3.03. For the purposes of Section 9.06 of the General Conditions and without limitation thereto, the Borrower shall:
(a) prepare, on the basis of guidelines acceptable to the Association, and furnish to the Association not later than six (6) months after the Closing Date or such later date as may be agreed for this purpose between the Borrower and the Association, a plan for the future operation of the HNPSP; and
(b) afford the Association a reasonable opportunity to exchange views with the Borrower on said plan.
