Common use of Use of Counterpart Funds Clause in Contracts

Use of Counterpart Funds. 4. The Beneficiary shall ensure that the Counterpart Funds are used to finance the implementation of certain programs and activities consistent with the objectives of the Program.

Appears in 1 contract

Samples: Financing Agreement

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Use of Counterpart Funds. 45. The Beneficiary shall ensure that the Counterpart Funds are used to finance the implementation of certain programs and activities consistent with the objectives of the Program and provide the necessary budget appropriation to finance the costs relating to the implementation of reforms under the Program.

Appears in 1 contract

Samples: Financing Agreement

Use of Counterpart Funds. 45. The Beneficiary Recipient shall ensure that the Counterpart Funds are used to finance the implementation of certain the Program and other programs and activities consistent with the objectives of the Program, and that necessary budget appropriations and adequate resources are allocated and released in a timely manner in order to ensure effective implementation of the Program and other activities consistent with the objectives of the Program.

Appears in 1 contract

Samples: Grant Agreement

Use of Counterpart Funds. 411. The Beneficiary shall ensure that the Counterpart Funds are shall be used to (a) finance expenditures for the implementation Beneficiary’s general development purposes; and (b) support the adjustment costs of certain programs reforms to be initiated and activities consistent with the objectives of implemented under the Program.

Appears in 1 contract

Samples: Financing Agreement

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Use of Counterpart Funds. 47. The Beneficiary shall ensure that the Counterpart Funds are used to finance the local currency costs relating to the implementation of certain programs the Program and other activities consistent with the objectives of the Program and shall provide the necessary budget appropriations to finance the structural adjustment costs relating to the implementation of reforms under the Program.. Schedule 5

Appears in 1 contract

Samples: Financing Agreement

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