Management and Operations of the Borrower. Section 3.01. The Borrower declares its commitment to the objectives of the Project as set forth in Schedule 2 to this Agreement, and, to this end, shall carry out the Project with due diligence and efficiency and conduct its operations and affairs in accordance with sound financial standards and practices, with qualified management and personnel in adequate numbers, and in accordance with its Statutes.
Appears in 2 contracts
Samples: Loan Agreement, Loan Agreement
Management and Operations of the Borrower. Section 3.01. (a) The Borrower declares its commitment to the objectives of the Project as set forth in Schedule 2 1 to this Agreement, Agreement and, to this end, shall carry out the Project with due diligence and efficiency and conduct its operations and affairs in accordance with sound financial financial, ecological and environmental standards and practices, with qualified management and personnel in adequate numberspersonnel, and in accordance with its Statutesthe Statutes and Statement of Policy.
Appears in 1 contract
Samples: Loan Agreement
Management and Operations of the Borrower. Section 3.01. (a) The Borrower declares its commitment to the objectives of the Project as set forth in Schedule 2 to this Agreement, and, to this end, shall carry out Part B of the Project with due diligence and efficiency and conduct its operations and affairs in accordance with sound financial standards and practicespractices and ensure that Participating LGUs comply with appropriate resettlement practices and compensation of Affected Persons, with qualified management and personnel in adequate numberspersonnel, and in accordance with its Statutesthe Charter.
Appears in 1 contract
Samples: Loan Agreement
Management and Operations of the Borrower. Section 3.01. (a) The Borrower declares its commitment to the objectives of the Project as set forth in Schedule 2 to this Agreement, Agreement and, to this end, shall carry out the Project with due diligence and efficiency and conduct its operations and affairs in accordance with sound financial financial, ecological and environmental standards and practices, with qualified management and personnel in adequate numberspersonnel, and in accordance with its Statutesthe Statutes and Statement of Policy.
Appears in 1 contract
Samples: documents1.worldbank.org
Management and Operations of the Borrower. Section 3.014.01. The Borrower declares its commitment to the objectives of the Project as set forth in Schedule 2 to this AgreementAgree-ment, and, to this end, shall carry out the Project with due diligence and efficiency and conduct its operations and affairs in accordance with sound financial standards and practices, with qualified management and personnel in adequate numbers, and in accordance with its Statutes.shall:
Appears in 1 contract
Samples: Loan Agreement
Management and Operations of the Borrower. Section 3.01. (a) The Borrower declares its commitment to the objectives of the Project as set forth in Schedule 2 to this Agreement, and, to this end, shall carry out the Project with due diligence and efficiency and conduct its operations and affairs in accordance with sound financial standards and practices, with qualified management and personnel in adequate numbers, and in accordance with its Statutes.
Appears in 1 contract
Samples: Loan Agreement
Management and Operations of the Borrower. Section 3.01. The Borrower declares its commitment to the objectives of the Project as set forth in Schedule 2 to this Agreement, and, to this end, shall carry out the Project with due diligence and efficiency and conduct its operations and affairs in accordance with sound financial standards and practices, with qualified management and personnel in adequate numberspersonnel, and in accordance with its StatutesStatutes and its Statement of Policy.
Appears in 1 contract
Samples: Loan Agreement