Counterpart Funds definition

Counterpart Funds means the local currency generated from the Loan proceeds under the Program and referred to in paragraph 4 of Schedule 4 to this Loan Agreement;
Counterpart Funds means the Rupiah proceeds accruing to the Borrower and generated from the proceeds of the Loan under the Program and referred to in Schedules 1 and 5 to this Loan Agreement;
Counterpart Funds means the Peso proceeds accruing to the Borrower and generated from the proceeds of the Loan under the Program and referred to in Schedules 1 and 5 to this Loan Agreement;

Examples of Counterpart Funds in a sentence

  • The Borrower shall further ensure that the Counterpart Funds are used in accordance with its Standard Operating Procedures.

  • The Borrower shall ensure that the Counterpart Funds are used to finance the structural adjustment costs relating to the implementation of the reforms under the Program and other activities consistent with the objectives of the Program.


More Definitions of Counterpart Funds

Counterpart Funds means the Rupee proceeds accruing to the Borrower and generated from the Loan proceeds under the Program;
Counterpart Funds means the local currency generated from the Grant proceeds under the Program and referred to in paragraph 4 of Schedule 3 to this Grant Agreement;
Counterpart Funds means the Dong proceeds accruing to the Borrower and generated from the Loan proceeds under the Program and referred to in paragraph 1 of Schedule 5 to this Loan Agreement;
Counterpart Funds means the Dollar proceeds accruing to the Borrower and generated from the proceeds of the Loan, referred to in paragraph 7 of Schedule 4 to this Loan Agreement;
Counterpart Funds means the financing to be provided by the Project Implementing Entity for the Project, pursuant to Section I.C of the Schedule to the Project Agreement.
Counterpart Funds means the Cambodian Xxxx proceeds accruing to the Borrower and generated from the Loan proceeds under the Program and referred to in paragraph 5 of Schedule 4 to this Loan Agreement;
Counterpart Funds means the Taka proceeds accruing to the Borrower and generated from the Loan proceeds under the CSF Support Program, as referred to in paragraph 1 of Schedule 5 to this Loan Agreement;