MCA-Malawi Sample Clauses

MCA-Malawi. In accordance with Section 3.2(b) of this Compact, MCA-Malawi will act on the Government’s behalf to implement the Program and to exercise and perform the Government’s rights and responsibilities with respect to the oversight, management, monitoring and evaluation, and implementation of the Program, including, without limitation, managing the implementation of Projects and their Activities, allocating resources, and managing procurements. The Government will ensure that MCA-Malawi takes all appropriate actions to implement the Program, including the exercise and performance of the rights and responsibilities designated to it by the Government pursuant to this Compact and the Program Implementation Agreement. Without limiting the foregoing, the Government will also ensure that MCA-Malawi has full decision- making autonomy, including, inter alia, the ability, without consultation with, or the consent or approval of, any other party, to: (1) enter into contracts in its own name; (2) sue and be sued; (3) establish Permitted Accounts in a financial institution in the name of MCA-Malawi and hold MCC Funding in such accounts; (4) expend MCC Funding; (5) engage a fiscal agent who will act on behalf of MCA-Malawi on terms acceptable to MCC; (6) engage one or more procurement agents who will act on behalf of MCA-Malawi, on terms acceptable to MCC, to manage the acquisition of the goods, works, and services required by MCA-Malawi to implement this Compact; and (7) competitively engage one or more auditors to conduct audits of its accounts. The Government will take the necessary actions to establish and maintain MCA- Malawi, in accordance with the terms hereof including the applicable conditions precedent to the Disbursement of Compact Implementation Funding set forth in Annex IV to this Compact. MCA-Malawi will be administered and managed by a Board of Trustees and a Management Unit. In addition, MCA-Malawi will have a Stakeholders’ Committee to continue the consultative process during implementation of the Program. MCA-Malawi will be incorporated through a trust deed under Malawi’s Trustees Incorporation Act, which trust deed will be included in the Program Implementation Agreement (hereinafter referred to as the “MCA- Malawi Trust Deed”), which will, collectively, set forth the responsibilities of the Board of Trustees, the Stakeholders’ Committee and the Management Unit. The MCA-Malawi Trust Deed will be developed and adopted in accordance with MCC’s Guidelines fo...
Sample 1
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MCA-Malawi. 2. All legal or natural persons providing works or services in furtherance of the Compact (each an “Exempt Entity” or “Exempt Individual”).
Sample 1

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