Project Undertakings. The undertakings in this clause 21 (Project undertakings) shall remain in force from the date of this Agreement for so long as any amount is outstanding under the Finance Documents or any Commitment is in force.
Project Undertakings. 5.1 The Beneficiary shall be fully responsible for the implementation of the Project. Without limiting the generality of what is said elsewhere in the Grant Agreement, the Beneficiary specifically warrants, undertakes and covenants that: it shall ensure that the proceeds of the Grant shall be used solely for the payment of reasonable cost of goods, works and/or services required for the implementation of the Project; it shall take, or cause to be taken all actions which are necessary to implement the Project with due diligence and efficiency and in accordance with the Grant Agreement, as well as in conformity with appropriate administrative, financial, engineering, social and environmental practices, in order to ensure that the Project comply with the highest industry standards; it shall take all actions which are necessary to ensure that the property, equipment and/or assets, provided to the Beneficiary through the Grant within the Project, will be used for the intended purpose as described in Annex 1 and remain the property of the Beneficiary for not less than five (5) years from the date of the commissioning of the Project unless otherwise agreed by XXXXX; it shall comply with all applicable laws, statutes and regulations as well as with relevant agreements to which it is a party; it has taken, or shall promptly take action within its powers to approve and provide, or make to be approved and provided, all rights, licenses, filings, registration and authorizations that are necessary for the implementation of the Project; it shall ensure that the scope of the Project is not, and will not be materially changed, unless NEFCO shall otherwise approve in writing; it shall comply with any reporting obligations specified in Annex 1 (the Project Description and Reporting), including in particular the environmental reporting obligations; it shall furnish to NEFCO, or cause to be furnished in a timely manner any reports and information required under Annex 1, as well as any such other reports and information relating to the implementation of the Project as NEFCO or any donor to the Fund may reasonably request, including, without limitation, a final report following the completion of the Project; during Project implementation and not less than five (5) years from the date of commissioning of the Project, it shall provide, or cause to be provided access and make other arrangements for NEFCO or XXXXX’s representative(s), including representiatives of the donors to the...
Project Undertakings. 31 6.01 USE OF LOAN AND AVAILABILITY OF OTHER FUNDS..............................................31
Project Undertakings. 1. The Borrower shall maintain the Operational Manual, the GAAP, and the Social and Environmental Framework in form and content satisfactory to the Bank, shall duly perform all its obligations under said Manual, GAAP and Framework and shall not amend, abrogate or waive the Manual, GAAP, or Framework so as to affect materially and adversely the ability of the Borrower, PFIs and the Risk Sharing Guarantee Company to implement the Project or to achieve the objectives of the Project.
Project Undertakings. The portfolio to cover large number of EU Member States to create a diversified portfolio. Pricing The product will be priced at market terms. State Aid The venture debt product will be deployed on market terms or following bespoke State aid regime modelled on the Temporary Framework as agreed with DG Competition.
Project Undertakings. 1. The Borrower shall maintain the Operational Manual, the GAAP, and the Social and Environmental Framework in form and content satisfactory to the Bank, shall duly perform all its obligations under said Manual, GAAP and Framework and shall not amend, abrogate or waive the Manual, GAAP, or Framework so as to affect materially and adversely the ability of the Borrower, PFIs and the Risk Sharing Guarantee Company to implement the Project or to achieve the objectives of the Project. The Borrower shall: maintain the PMD with adequate powers, functions, staff and resources; and maintain the IAD with adequate powers, functions, staff and resources.
Project Undertakings. The Issuer shall ensure that:
Project Undertakings. 8.1 Operator Obligations The Operator shall:
Project Undertakings. 5.1 0.13um Process Development And Transfer Project
