Retroactive Financing Sample Clauses

Retroactive Financing. 5. Withdrawals from the Loan Account may be made for reimbursement of eligible expenditures incurred under the Project before the Effective Date, but not earlier than 12 months before the date of this Loan Agreement in connection with items to be retroactively financed, subject to a maximum amount equivalent to 20% of the Loan amount. Schedule 3 Condition for Withdrawals from Loan Account
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Retroactive Financing. 8. The Recipient may use part of the proceeds of the Grant for reimbursement of eligible expenditures incurred under the Project before the Effective Date, but not earlier than the declaration of the emergency on 12 March 2020, subject to a maximum amount equivalent to 30% of the Grant amount. To: WITHDRAWAL APPLICATION Asian Development Bank (ADB) 0 XXX Xxxxxx, Xxxxxxxxxxx Xxxx 0000 Xxxxx Xxxxxx, Xxxxxxxxxxx ADB Grant No. - Application No. Oct 2017 Attention: Loan Administration Division, Controller's Department (CTLA)
Retroactive Financing. 5. Withdrawals from the Grant Account may be made for reimbursement of eligible expenditures incurred under the Project before the Effective Date, but not earlier than 12 months before the date of this Grant Agreement in connection with items to be retroactively financed, subject to a maximum amount equivalent to 20% of the Grant amount. Schedule 1
Retroactive Financing. 6. Withdrawals from the Loan Account may be made for reimbursement of eligible expenditures incurred under the Project before the Effective Date, but not earlier than Schedule 3 12 months before the date of this Loan Agreement, subject to a maximum amount equivalent to 20% of the Loan amount. Attachment to Schedule 3 TABLE ALLOCATION AND WITHDRAWAL OF LOAN PROCEEDS (Southwest Area Integrated Water Resources Planning and Management Project - Additional Financing) Number Item Total Amount Allocated for ADB Financing (SDR) Category Subcategory Basis for Withdrawal from the Loan Account 1 Works 16,125,000 85% of total expenditure claimed 2 Vehicles and Equipment 914,000 2A Vehicles 710,000 100% of total expenditure claimed* 2B Equipment 204,000 100% of total expenditure claimed* 3 Resettlement 269,000 100 % of total expenditure claimed 4 Training and capacity building 6,059,000 60% of total expenditure claimed 5 Consulting Services 2,861,000 49% of total expenditure claimed 6 Project Management 2,244,000 86% of total expenditure claimed 7 Interest Charge 2,524,000 100% of amounts due 8 Unallocated 1,269,000 Total 32,265,000 * Exclusive of taxes and duties imposed within the territory of the Borrower. SCHEDULE 4
Retroactive Financing. 1. In order to ensure early project start-up, avoid gaps between sequential projects and prevent delays, the ACP States may, on completion of project appraisal and before the financing decision is taken, pre-finance activities linked to the start-up of programmes, preliminary and seasonal work, orders for equipment with long delivery lead times as well as some on-going operations. Such expenditure shall satisfy the procedures provided for in this Agreement.
Retroactive Financing. 6. Withdrawals from the Loan Account may be made for reimbursement of eligible expenditures incurred under the Project before the Effective Date, but not earlier than 12 months before the date of this Loan Agreement in connection with the office refurbishment, office equipment and incremental operational costs such as travel expenses, subject to a maximum amount equivalent to 20% of the Loan amount. Attachment to Schedule 3 TABLE ALLOCATION AND WITHDRAWAL OF LOAN PROCEEDS (Northern Smallholder Livestock Commercialization Project) Number Item Total Amount Allocated for ADB Financing (SDR) Category Subcategory Basis for Withdrawal from the Loan Account 1 Works 1,246,000 100% of total expenditures claimed 2 Vehicles and Equipment 481,000 2A Vehicles 292,000 100% of total expenditures claimed 2B Motorcycles 65,000 100% of total expenditures claimed 2C Equipment 124,000 100% of total expenditures claimed 3 Consulting Services 2,997,000 100% of total expenditures claimed 4 Implementation and Supervision 2,167,000 100% of total expenditures claimed 5 Vehicle and Equipment Operations and Maintenance 513,000 100% of total expenditures claimed 6 SLPMG equipment and materials 1,896,000 100% of total expenditures claimed 7 Farmer and value chain training and regulations 2,094,000 100% of total expenditures claimed 8 Service contracts 536,000 100% of total expenditures claimed 9 Surveys and studies 134,000 100% of total expenditures claimed 10 Audit Services 118,000 100% of total expenditures claimed 11 Interest During Implementation 479,000 100% of amount due 12 Unallocated 1,503,000 Total 14,164,000 SCHEDULE 4
Retroactive Financing. Retroactive financing will be allowed for eligible expenditures1 not exceeding 20.0% under each tranche, incurred before loan effectiveness, but not earlier than 12 months before signing of the loan agreements. Any retroactive financing would comply with the same ADB requirements as for any other subprojects funded under PPIDF 3.
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Retroactive Financing. 5. Withdrawals from the Grant Account may be made for reimbursement of eligible expenditures incurred under the Project before the Effective Date, but not earlier than 12 months before the date of this Grant Agreement, subject to a maximum amount equivalent to 20% of the Grant amount. Attachment to Schedule 1 TABLE ALLOCATION AND WITHDRAWAL OF GRANT PROCEEDS (Southwest Area Integrated Water Resources Planning and Management Project -Additional Financing) Number Item Total Amount Allocated for the Government of Netherlands Financing ($) Basis for Withdrawal from the Grant Account Category 1 Training and Development Capacity 3,710,000 26% of total expenditure claimed 2 Consulting Services 3,040,000 38% of total expenditure claimed 3 ADB Administration Fees and Other Charges* 250,000 100% of amount due Total 7,000,000 * This amount also serves as a reserve for payment of ADB’s administration fees and bank charges or other
Retroactive Financing. 6. Withdrawals from the Loan Account may be made for reimbursement of eligible expenditures incurred under the Project before the Effective Date, but not earlier than Schedule 3 12 months before the date of this Loan Agreement, subject to a maximum amount equivalent to 20% of the Loan amount. Attachment to Schedule 3 TABLE ALLOCATION AND WITHDRAWAL OF LOAN PROCEEDS (Integrated Road Investment ProgramTranche 1) Number Item Total Amount Allocated for ADB Financing (SDR) Category Basis for Withdrawal from the Loan Account 1 Works 55,052,000 100% of total expenditure claimed* 2 Consulting Services 5,181,000 100% of total expenditure claimed* 3 Project Management 2,040,000 100% of total expenditure claimed* 4 Interest Charge 2,494,000 100% of amount due Total 64,767,000 *Exclusive of taxes and duties imposed within the territory of the Borrower. SCHEDULE 4
Retroactive Financing. 15 Include applicable eligible expense categories. 16 This article needs to be interpreted in line with Article 3.2 of the Framework Agreement. 17 Include applicable eligible expense categories. [5.1] The Trust Fund funds may be used to retroactively finance payments for eligible expenditures made as of [insert date] in accordance with the Bank’s applicable policies and procedures.] ANNEX 2 Standard Provisions [This Annex shall be applicable to and form an integral part of the Administration Agreement for the Trust Fund between the Bank and the Donor, it being understood that any plural references in the annexes to Donors, Administration Agreements, Contributions and pro rata shares shall be read as singular references18 to the Donor, its Administration Agreement, its Contributions thereunder and the remaining uncommitted balance of the Trust Fund, respectively.]19 [This Annex shall be applicable to and form an integral part of all Administration Agreements between the Bank and the respective Donors.]20
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