Common use of Program Action Plan Clause in Contracts

Program Action Plan. (a) The Borrower shall: (i) carry out the Program Action Plan, and cause the Program Action Plan to be carried out, in accordance with the schedule set out in the said Plan and in a manner satisfactory to the World Bank; (ii) not assign, amend, abrogate or waive, or permit to be assigned, amended, abrogated or waived, the Program Action Plan, or any provision thereof, except as the World Bank and the Borrower may otherwise agree in writing; and (iii) maintain policies and procedures adequate to enable it to monitor and evaluate, in accordance with guidelines satisfactory to the World Bank, the implementation of the Program Action Plan. (b) In case of any inconsistencies between the Program Action Plan and the provisions of this Agreement, the provisions of this Agreement shall prevail.

Appears in 2 contracts

Sources: Clean Technology Fund Loan Agreement, Clean Technology Fund Loan Agreement