Use of Counterpart Funds. 4. The Borrower shall ensure that the Counterpart Funds are used to finance the structural adjustment costs relating to the implementation of the reforms under the Program and other activities consistent with the objectives of the Program. The Borrower shall further ensure that the Counterpart Funds are used in accordance with its Standard Operating Procedures.
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Samples: Loan Agreement
Use of Counterpart Funds. 41. The Borrower shall ensure that the Counterpart Funds are shall be used to finance the costs relating to the implementation of the Program and other activities consistent with the objectives of the Program, as more fully described under paragraph 1 of Schedule 1 to this Loan Agreement and the Policy Letter and shall, in particular, provide necessary budget appropriations to finance the structural adjustment costs relating to the implementation of the reforms under the Program and other activities consistent with the objectives of the Program. The Borrower shall further ensure that the Counterpart Funds are used in accordance with its Standard Operating Procedures.
Appears in 1 contract
Samples: Loan Agreement
Use of Counterpart Funds. 41. The Borrower shall ensure that the Counterpart Funds are shall be used to finance the local currency costs relating to the implementation of the Program and other activities consistent with the objectives of the Program Cluster, as more fully described under paragraph 1 of Schedule 1 to this Loan Agreement and the Policy Letter and shall, in particular, provide necessary budget appropriations to finance the structural adjustment costs relating to the implementation of the reforms under the Program and other activities consistent with the objectives of the Program. The Borrower shall further ensure that the Counterpart Funds are used in accordance with its Standard Operating Procedures.
Appears in 1 contract
Samples: Loan Agreement
Use of Counterpart Funds. 46. The Borrower shall ensure that the Counterpart Funds are shall be used to finance the structural adjustment costs relating to the implementation of the reforms under the Program and other activities consistent with the objectives of the Program. The Borrower shall further ensure that the Counterpart Funds are used in accordance with its Standard Operating Procedures.
Appears in 1 contract
Samples: Loan Agreement