Common use of Subsidiary Agreement Clause in Contracts

Subsidiary Agreement. 1. To facilitate the carrying out of the Project, the Borrower shall make the proceeds of the Loan available to the Project Implementing Entity under a subsidiary agreement between the Borrower and the Project Implementing Entity (“Subsidiary Agreement”), in accordance with the Borrower’s on-lending policies and procedures, under terms and conditions approved by the Bank, and which shall include the following obligations of the Project Implementing Entity:

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement

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Subsidiary Agreement. 1. To facilitate the carrying out of the Project, the Borrower shall make the proceeds of the Loan available to the Project Implementing Entity under a subsidiary agreement between the Borrower and the Project Implementing Entity (“Subsidiary Agreement”), in accordance with the Borrower’s on-lending policies and proceduresEntity, under terms and conditions approved by the BankBank (“Subsidiary Agreement”) including, inter alia: (a) the Loan amount; (b) the terms and which shall include the following obligations of conditions for the Project Implementing Entity:’s receipt of the Loan on a grant basis; and (c) the staffing, functions and responsibilities of the PMT.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement

Subsidiary Agreement. 1. To facilitate the carrying out of the Project, the Borrower shall make the proceeds of the Loan available to the Project Implementing Entity Entity, on a non-refundable basis, under a subsidiary agreement between the Borrower represented by the Ministry of Finance and the Ministry for Regional Development and Infrastructure and the Project Implementing Entity (“Subsidiary Agreement”), in accordance with the Borrower’s on-lending policies and proceduresEntity, under terms and conditions approved by the Bank, and which shall include the following obligations of the Project Implementing Entity:Bank (“Subsidiary Agreement”).

Appears in 1 contract

Samples: Loan Agreement

Subsidiary Agreement. 1. To facilitate the carrying out of the Project, the Borrower shall make the proceeds of the Loan available to the Project Implementing Entity under a subsidiary agreement between the Borrower and the Project Implementing Entity (“Subsidiary Agreement”), in accordance with the Borrower’s on-lending policies and proceduresEntity, under terms and conditions approved by the Bank, and which shall include the following obligations of the Project Implementing Entity:Bank (“Subsidiary Agreement”).

Appears in 1 contract

Samples: Loan Agreement

Subsidiary Agreement. 1. To facilitate the carrying out of the ProjectProject by the Project Implementing Entity, the Borrower shall make the proceeds of the Loan available to the Project Implementing Entity under a subsidiary agreement between the Borrower and the Project Implementing Entity (“Subsidiary Agreement”), in accordance with the Borrower’s on-lending policies and proceduresEntity, under terms and conditions approved by the Bank, and which shall include the following obligations (“Subsidiary Agreement”): the principal amount of the Project Implementing EntityLoan made available under the Subsidiary Agreement (“Subsidiary Loan”) shall be:

Appears in 1 contract

Samples: Loan Agreement

Subsidiary Agreement. 1. To facilitate the carrying out of the ProjectProject by the Project Implementing Entity, the Borrower shall make the proceeds of the Loan available to the Project Implementing Entity under a subsidiary agreement between the Borrower and the Project Implementing Entity (“Subsidiary Agreement”), in accordance with the Borrower’s on-lending policies and proceduresEntity, under terms and conditions approved by the Bank, and which shall include the following obligations of the Project Implementing Entity:Bank (“Subsidiary Agreement”).

Appears in 1 contract

Samples: Loan Agreement

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Subsidiary Agreement. 1. To facilitate the carrying out of the Project, the Borrower shall make the proceeds of the Loan available to the Project Implementing Entity under a subsidiary agreement between among the Borrower Ministry of Finance, representing the Borrower, MOESD, ComCom, and the Project Implementing Entity (“Subsidiary Agreement”), in accordance with the Borrower’s on-lending policies and proceduresEntity, under terms and conditions approved by the BankBank (“Subsidiary Agreement”), and which shall include the following obligations of the Project Implementing Entityinclude, inter alia, that:

Appears in 1 contract

Samples: Loan Agreement

Subsidiary Agreement. 1. To facilitate the carrying out of the Project, the Borrower shall make the proceeds of the Loan available to the Project Implementing Entity on a non-refundable basis under a subsidiary agreement between the Ministry of Finance and the Ministry for Regional Development and Infrastructure on behalf of the Borrower and the Project Implementing Entity (“Subsidiary Agreement”), in accordance with the Borrower’s on-lending policies and proceduresEntity, under terms and conditions approved by the Bank, and which shall include the following obligations of the Project Implementing Entity:Bank (“Subsidiary Agreement”).

Appears in 1 contract

Samples: Loan Agreement

Subsidiary Agreement. 1. To facilitate the carrying out Project Implementing Entity’s implementation of the Project, the Borrower shall make the Loan proceeds of the Loan available to the Project Implementing Entity under a subsidiary agreement between the Borrower and the Project Implementing Entity (“Subsidiary Agreement”), in accordance with the Borrower’s on-lending policies and proceduresagreement, under terms and conditions approved by the Bank, and which shall include provisions setting forth that the following obligations Project Implementing Entity shall be responsible for the overall day-to-day implementation and management of the Project Implementing Entity:(“Subsidiary Agreement”) and shall carry out the Project in accordance with the Project Operations Manual and the Anti- Corruption Guidelines.

Appears in 1 contract

Samples: Loan Agreement

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