Common use of Financial Conditions Clause in Contracts

Financial Conditions. Section 4.01. (a) The Recipient shall maintain or cause to be maintained a financial management system, including records and accounts, and prepare financial statements in a format acceptable to the Bank, adequate to reflect the operations, resources and expenditures in respect of the Project and each Sub-project (including its cost and the benefits to be derived from it).

Appears in 4 contracts

Samples: Global Environment Facility Trust Fund Grant Agreement, Agreement, Global Environment Facility Trust Fund Grant Agreement

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Financial Conditions. Section 4.01. (a) The Recipient shall maintain or cause to be maintained a financial management system, including records and accounts, and prepare financial statements in a format acceptable to the Bank, adequate to reflect the operations, resources and expenditures in respect of related to the Project and each Sub-project (including its cost and the benefits to be derived from it)Project.

Appears in 4 contracts

Samples: Environment Facility Trust Fund Grant Agreement, Trust Fund Grant Agreement, Trust Fund Grant Agreement

Financial Conditions. Section 4.01. (a) The Recipient shall establish and maintain or cause to be maintained a financial management system, including records and accounts, and prepare financial statements in a format accordance with consistently applied accounting standards acceptable to the BankAssociation, adequate to reflect the operations, resources and expenditures in respect of related to the Project and each Sub-project (including its cost and the benefits to be derived from it)Project.

Appears in 3 contracts

Samples: Grant Agreement, Grant Agreement, documents1.worldbank.org

Financial Conditions. Section 4.01. (a) The Recipient shall establish and thereafter maintain or cause to be maintained a financial management system, including records and accounts, and prepare financial statements statements, all in a format accordance with accounting standards acceptable to the Bank, consistently applied, adequate to reflect its operations and financial condition and to register separately the operations, resources and expenditures in respect related to the Project (including, as a separate item, the operations, financial condition, resources and expenditures of the Project and each Sub-project (including its cost and the benefits to be derived from itEndowment Fund).

Appears in 2 contracts

Samples: Environment Facility Trust Fund Grant Agreement, Trust Fund Grant Agreement

Financial Conditions. Section 4.01. (a) The Recipient shall establish and maintain or cause to be maintained a financial management system, including records and accounts, and prepare financial statements in a format accordance with consistently applied accounting standards acceptable to the Bank, adequate to reflect the operations, resources and expenditures in respect related to Part C of the Project and each Sub-project (including its cost and the benefits to be derived from it)Project.

Appears in 2 contracts

Samples: Global Environment Facility Trust Fund Grant Agreement, Fund Grant Agreement

Financial Conditions. Section 4.01. (a) The Recipient shall establish and maintain or cause to be maintained a financial management system, including records and accounts, and prepare financial statements in a format accordance with consistently applied accounting standards acceptable to the Bank, adequate to reflect the operations, resources and expenditures in respect of related to the Project and each Sub-project (including its cost and the benefits to be derived from it)Project.

Appears in 2 contracts

Samples: Global Environment Facility Trust Fund Grant Agreement, Grant Agreement

Financial Conditions. Section 4.01. (a) The Recipient shall maintain or shall, in respect of Parts A and E of the Project, establish and maintain, and cause to be maintained established and maintained, a financial management system, including records and accounts, and prepare financial statements in a format accordance with consistently applied accounting standards acceptable to the Bank, adequate to reflect the operations, resources and expenditures in respect related to said Parts of the Project and each Sub-project (including its cost and the benefits to be derived from it)Project.

Appears in 2 contracts

Samples: Grant Agreement, Fund Grant Agreement

Financial Conditions. Section 4.01. (a) The Recipient shall maintain or cause to be maintained maintained, a financial management system, including records and accounts, and prepare financial statements in a format acceptable to the BankAdministrator, adequate to reflect the operations, resources and expenditures in respect of related to the Project and each Sub-project (including its cost and the benefits to be derived from it)Project.

Appears in 2 contracts

Samples: Grant Agreement, Artf Grant Agreement

Financial Conditions. Section 4.01. (a) The Recipient shall maintain or cause to be maintained a financial management system, including records and accounts, and prepare financial statements in a format acceptable to the Bank, adequate to monitor and record the progress of the Project and of each Investment Project (including its costs and benefits to be derived from it) and to reflect in accordance with consistently maintained sound accounting practices the operations and financial condition of the Recipient and to register separately the operations, resources and expenditures in respect of related to the Project and each Sub-project (including its cost and the benefits to be derived from it)Investment Project.

Appears in 1 contract

Samples: Trust Fund Grant Agreement

Financial Conditions. Section 4.01. (a) The Recipient shall maintain or cause to be maintained a financial management system, including records and accounts, and prepare financial statements in a format accordance with consistently applied accounting standards acceptable to the Bank, adequate to reflect the operations, resources and expenditures in respect of related to the Project and each Sub-project (including its cost and the benefits to be derived from it)Project.

Appears in 1 contract

Samples: Global Environment Facility Trust Fund Grant Agreement

Financial Conditions. Section 4.01. (a) The Recipient shall maintain or cause to be maintained a financial management system, including records and accounts, and prepare financial statements in a format acceptable to the BankTrustee, adequate to reflect the operations, resources and expenditures in respect of related to the Project and each Sub-project (including its cost and the benefits to be derived from it)Project.

Appears in 1 contract

Samples: Grant Agreement

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Financial Conditions. Section 4.01. (a) The Recipient shall establish and maintain or cause to be maintained a financial management system, including records and accounts, and prepare financial statements statements, all in a format accordance with accounting standards acceptable to the Bank, consistently applied, adequate to reflect its operations and financial condition and to register separately the operations, resources and expenditures in respect of related to the Project and each Sub-project (including its cost and the benefits to be derived from it)Project.

Appears in 1 contract

Samples: Grant Agreement

Financial Conditions. Section 4.01. (a) The Recipient shall maintain or cause to be maintained a financial management system, including records and accounts, and prepare financial statements in a format acceptable to the Bank, adequate to reflect the operations, resources and expenditures in respect related to its Respective Part of the Project and each Sub-project (including its cost and the benefits to be derived from it)Project.

Appears in 1 contract

Samples: Trust Fund Grant Agreement

Financial Conditions. Section 4.01. (a) The Recipient shall maintain or cause to be maintained a financial management system, including records and accounts, and prepare financial statements in a format accordance with consistently applied accounting standards, acceptable to the Bank, adequate to reflect the operations, resources and expenditures in respect of related to the Project and each Sub-project (including its cost and the benefits to be derived from it)Project.

Appears in 1 contract

Samples: Trust Fund Grant Agreement

Financial Conditions. Section 4.01. (a) The Recipient shall maintain or cause to be maintained a financial management system, including records and accounts, and prepare financial statements in a format acceptable to the Bank, Bank adequate to reflect the operations, resources and expenditures in respect of related to the Project and each Sub-project (including its cost and the benefits to be derived from it)Project.

Appears in 1 contract

Samples: Environment Facility Trust Fund Grant Agreement

Financial Conditions. Section 4.01. (a) The Recipient shall maintain or cause to be maintained a financial management system, including records and accounts, and prepare financial statements in a format acceptable to the Bank, adequate to reflect the operations, resources and expenditures in respect related to Parts A and B of the Project and each Sub-project (including its cost and the benefits to be derived from it)Project.

Appears in 1 contract

Samples: Trust Fund Grant Agreement

Financial Conditions. Section 4.01. (a) The Recipient shall establish and maintain or cause to be maintained a financial management system, including records and accounts, and prepare financial statements in a format acceptable to the Bank, adequate to reflect the operations, resources and expenditures for and in respect connection with the carrying out of Part C of the Project and each Sub-project (including its cost and the benefits to be derived from it)Project.

Appears in 1 contract

Samples: Global Environment Facility Trust Fund Grant Agreement

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