APAPO definition
Examples of APAPO in a sentence
The following is specified as an additional matter within the meaning of Section 12.02 (c) of the General Conditions, to be included in the opinion or opinions to be furnished to the Bank, namely, that the Ashghabat Administration Agreement has been duly authorized or ratified by the Borrower, the Municipality of Ashghabat and APAPO and is legally binding upon the Borrower, the Municipality of Ashghabat and APAPO in accordance with its terms.
The Project will be carried out by the Borrower’s MOAT, Municipality of Ashghabat, Municipality of ▇▇▇▇, Municipality of Chardjou, APAPO and the Participating Transport Companies, all with the Borrower’s assistance and, as part of such assistance, the Borrower will make available to the Municipality of Ashghabat, Municipality of Mary, Municipality of Chardjou, APAPO and the Participating Transport Companies, the goods and services financed by the Loan, on terms and conditions set forth in this Agreement.
During Project implementation the Borrower shall: (a) make adequate yearly budget allocations from the central state budget for the required subsidy to APAPO; and (b) quarterly payments of said subsidy to APAPO.