Common use of Subsidiary Grant Agreement Clause in Contracts

Subsidiary Grant Agreement. 1. To facilitate the carrying out of the Project by the Project Implementing Entity, the Recipient shall make the proceeds of the Financing available to the Project Implementing Entity under an amendment, with terms and conditions approved by the Association, to the subsidiary grant agreement entered into between the Recipient and the Project Implementing Entity under the Original Project (as so amended, “Subsidiary Grant Agreement”).

Appears in 1 contract

Samples: Financing Agreement

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Subsidiary Grant Agreement. 1. To facilitate the carrying out of the Project by the Project Implementing EntityProject, the Recipient shall make the proceeds of the Financing Grant available to the Project Implementing Entity under an amendmenta Subsidiary Grant Agreement between the Recipient and the Project Implementing Entity, with under terms and conditions approved by the Association, to which shall include the subsidiary grant agreement entered into between the Recipient and the Project Implementing Entity under the Original Project (as so amended, “Subsidiary Grant Agreement”).following:

Appears in 1 contract

Samples: Financing Agreement

Subsidiary Grant Agreement. 1. To facilitate the For purposes of carrying out of the Project by the Project Implementing EntityProject, the Recipient shall make the proceeds of the Financing available available, on a grant basis, to the Project Implementing Entity under an amendment, with terms and conditions approved by the Association, a Subsidiary Grant Agreement (as updated pursuant to the subsidiary grant agreement provisions of Section 5.01 of this Agreement to include the Additional Grant) to be entered into between the Recipient Recipient, through its Ministry of Finance, and the Project Implementing Entity Entity, under terms and conditions which shall have been approved by the Original Project (as so amendedAssociation which shall include, “Subsidiary Grant Agreement”)inter alia, the terms and conditions set forth in Section I.C.2 of this Schedule 2.

Appears in 1 contract

Samples: Financing Agreement

Subsidiary Grant Agreement. 1. To facilitate the carrying out of the Project by the Project Implementing EntityProject, the Recipient shall make the proceeds of the Financing available to the Project Implementing Entity under an amendmenta subsidiary grant agreement between the Recipient and the Project Implementing Entity, with under terms and conditions approved by the Association, to the subsidiary grant agreement entered into between the Recipient and the Project Implementing Entity under the Original Project (as so amended, “Subsidiary Grant Agreement”).

Appears in 1 contract

Samples: Financing Agreement

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Subsidiary Grant Agreement. 1. To facilitate the carrying out of the Project by the Project Implementing Entity, the Recipient shall make the proceeds of the Financing available to the Project Implementing Entity under an amendment, with terms and conditions approved by the Association, to the a subsidiary grant agreement entered into between the Recipient and the Project Implementing Entity under Entity, with terms and conditions satisfactory to the Original Project Association (as so amended, “Subsidiary Grant Agreement”).) which shall include the release of the Project Implementing Entity’s budget as block grants in three (3) tranches under a separate budget head in the Recipient’s budget (Red Book) to the Rural Water Supply and

Appears in 1 contract

Samples: Financing Agreement

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