Common use of Verification Protocols Clause in Contracts

Verification Protocols. The Recipient shall: (1) Appoint by not later than ninety (90) days after the Effective Date and thereafter maintain, at all times during the implementation of the Program, a verification agent under terms of reference acceptable to the Association (“Independent Verification Agent or IVA”), to verify the data and other evidence supporting the achievement of DLIs/DLRs as set forth in the table in Section VI.A of this Schedule 2 to this Agreement, and recommend payments to be made, as applicable; and (2) Ensure that the IVA carry out verification and process(es) in accordance with the Verification Protocol; and submit to the Association the corresponding verification reports in a timely manner and in form and substance satisfactory to the Association.

Verification Protocols. The Recipient shall: (1a) Appoint by not later than ninety (90) 30 days after the Effective Signature Date and thereafter maintain, at all times during the implementation of the Program, a verification agent under terms of reference acceptable to the Association (“Independent Verification Agent or IVA”), to verify the data and other evidence supporting the achievement of DLIs/DLRs as set forth in the table in Section VI.A of this Schedule 2 to this Agreement, and recommend payments to be made, as applicable; and (2b) Ensure that the IVA carry out verification and process(es) in accordance with the Verification Protocol; and submit to the Association the corresponding verification reports in a timely manner and in form and substance satisfactory to the Association.