Compact Development definition
Examples of Compact Development in a sentence
Prior to the initial Disbursement of Compact Development Funding or any subsequent Disbursement of Compact Development Funding, the applicable conditions set forth in Annex IV to the Compact must have been met to MCC’s satisfaction.
Requests for Disbursement of Program Funding and Compact Development Funding for any Disbursement Period will be made by separate Disbursement Requests using the applicable form.
Unless MCC agrees otherwise in writing, MCA-Côte d’Ivoire may submit only one Disbursement Request for Program Funding, and one Disbursement Request for Compact Development Funding, for each quarter (such quarter, or any other period of time as agreed by MCC, the “Disbursement Period”).
Program Funding 2 Section 2.2 Compact Development Funding 2 Section 2.3 MCC Funding 3 Section 2.4 Disbursement 3 Section 2.5 Interest 3 Section 2.6 Government Resources; Budget 3 Section 2.7 Limitations on the Use of MCC Funding 4 Section 2.8 Taxes 4 ARTICLE 3.
Reference is made to that certain Compact Development Funding Grant Agreement between the Millennium Challenge Corporation (“MCC”), and the Government of Malawi (the “Government”), acting through the Ministry of Finance, Economic Planning, and Development, signed on [insert date], (the “Agreement”).
Subject to the terms and conditions of this Compact, the Program Implementation Agreement, and any other related agreement entered into in connection with this Compact, the Government, acting through MCA-Kosovo (or prior to MCA-Kosovo’s establishment, the Compact Development Team), intends to engage one or more entities of the Government to assist with implementing any Project or Activity (or a component thereof) (each, an “Implementing Entity”).
Unless MCC agrees otherwise in writing, the Government, acting through MCA-Timor-Leste (or prior to MCA-Timor-Leste’s establishment, the Compact Development Team), shall engage one or more procurement agents (collectively, the “Procurement Agent”) to carry out and certify specified procurement activities in furtherance of this Compact.
The Government hereby designates the National Coordinator of the Sierra Leone Compact Development Unit as an Additional Representative.
Reference can be made to the Compact Development Group if it is considered that this code has been breached.
The Government hereby also designates MCA-Burkina Faso II to exercise and perform the Government’s right and obligation to oversee, manage and implement the activities described in the Compact Development Funding Agreement, dated April 20, 2018, as amended, between the Government and MCC (the “CDF Agreement”).