CIAMA definition

CIAMA means Companhia de Desenvolvimento do Estado do Amazonas, the Borrower’s Development Corporation, responsible for promoting social, economic, technological, industrial and environmental development in the Borrower’s territory, established pursuant to Borrower’s Decree No. 2.326 of May 8, 1995.

Examples of CIAMA in a sentence

  • The Borrower shall transfer a portion of the proceeds of the Loan to CIAMA under a subsidiary agreement (the CIAMA Agreement) to be entered into between the Borrower and CIAMA, under terms and conditions acceptable to the Bank, for the purposes of implementing Parts 1, 2, 3, 4(a)(iii), 4(b) and 5 of the Project and setting forth their respective roles and responsibilities regarding the implementation of the Project, including disbursements under all Parts of the Project.

  • For the purposes of carrying the out Parts 4(a)(ii) of the Project and for the provision of administrative support to RMO, the Borrower shall, not later than 90 days after the Effective Date, execute and thereafter maintain, a subsidiary agreement (the NGO Implementation Agreement) with CIAMA and the Implementing NGO under terms and conditions acceptable to the Bank, setting forth their respective roles and responsibilities regarding the implementation of said Part of the Project.

  • Under said NGO Implementation Agreement, the Borrower shall transfer, through CIAMA, a portion of the proceeds of the Loan to the Implementing NGO.

  • Except as the Bank shall otherwise agree, the Borrower shall ensure that CIAMA shall not assign, amend, abrogate, waive or fail to enforce any of the Productive Subproject Agreements or the Management Incubators Microproject Agreements, or any of their provisions.