AGETIP definition
Examples of AGETIP in a sentence
To this end, the Recipient shall maintain AGETIP and the AGETIP Special Unit in form and substance and with resources and functions satisfactory to the Association, including staff from AGETIP, all with qualifications, experience and terms of reference satisfactory to the Association.
The Recipient shall maintain, at all times during Project implementation, AGETIP which shall be responsible for the day-to-day implementation of Parts B.1 and C of the Project.
The AGETIP Special Unit shall work full-time on Parts B and C of the Project and AGETIP shall be responsible for validating technical studies and supervising civil works.
The Recipient shall, for purposes of each Subproject and including wherever required under the terms of any of the Basic Social and Environmental Safeguard Instruments, proceed, and have the Concessionaire, AGETIP and APIX proceed, where applicable, to have any one or more Supplemental Social and Environmental Safeguard Instruments: a) developed; b) submitted to the Association for review and approval; and c) thereafter adopted, prior to implementation of the Subproject.
In addition, such Underwriters agree to provide the Servicer, no later than the date on which the Prospectus is required to be filed pursuant to Rule 424, with a definitive copy of its Derived Information with respect to such Certificates provided by the Underwriters for filing with the Commission on Form 8-K.
Any action required or permitted to be taken, and any document required or permitted to be executed, under this Agreement on behalf of AGETIP BURUNDI may be taken or executed by the Director General or such other person or persons as the Director General shall designate in writing, and AGETIP BURUNDI shall furnish to the Association sufficient evidence of the authority and the authenticated specimen signature of each such person.
The Borrower shall allocate and make available to AGETIP, each year, on terms and conditions satisfactory to the Association, an amount equivalent to 200,000,000 FCFA, the Borrower’s annual counterpart contribution for the purpose of Part D of the Project.
AGETIP BURUNDI shall take out and maintain with responsible insurers, or make other provision satisfactory to the Association for insurance against such risks and in such amounts as shall be consistent with appropriate practice.
The Borrower and the Association hereby agree that the obligations set forth in Sections 9.03, 9.04, 9.05, 9.06, 9.07 and 9.08 of the General Conditions (relating to insurance, use of goods and services, plans and schedules, records and reports, maintenance and land acquisition, respectively) in respect of Parts A.1, A.2 and A.4 of the Project shall be carried out by AGETIP BURUNDI pursuant to Section 2.03 of the Project Agreement.
AGETIP BURUNDI shall carry on its operations and conduct its affairs in accordance with sound administrative, financial, technical and environmental practices under the supervision of qualified and experienced management assisted by competent staff in adequate numbers.