Common use of Retroactive Financing Clause in Contracts

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.] [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