IDAAN definition

IDAAN means Instituto de Acueductos y Alcantarillados Nacionales, the National Water and Sewer Agency of the Borrower.
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IDAAN means Instituto De Acueductos Y Alcanterilados Nacioneles and its successors-in-title;
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IDAAN. Instituto de Acueductos y Alcantarillados Nacionales, an autonomous institution of the Republic of Panama created by Law No. 98 of December 29, 1961, which was derogated and replaced by Law No. 77 of December 28, 2001;
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Examples of IDAAN in a sentence

  • The building of improved capacity in IDAAN for a more strategic planning and management of investments.

  • The Borrower shall cause IDAAN to monitor and evaluate the progress of the Project and to prepare Project Reports in accordance with the provisions of Section 5.08 of the General Conditions and on the basis of indicators agreed with the Bank and set forth in the OM.

  • The Borrower shall cause IDAAN to ensure that: (a) EPU submits annual Project work plans and budget to MEF and the Bank for their respective review and approval ; and (b) the implementation of the Project is subsequently carried out applying the views and recommendations of the Bank in that respect.

  • Before signing the sale of the assets, at the latest, PAFCO will give COOSEMUPAR the documents proving PAFCO is up to date in its obligations relative to its contracts with the IDAAN for water supply and its electrical supply contract with the corresponding company.

  • The Borrower shall, not later than 60 (sixty) days after the Effective Date, enter into a Memorandum of Understanding with IDAAN, pursuant to terms and conditions specified in the OM to ensure IDAAN’s participation in selected activities of the Project.

  • The Borrower shall cause IDAAN to maintain a financial management system in accordance with the provisions of Section 5.09 of the General Conditions.

  • The Borrower shall, and shall cause IDAAN to, ensure that the Project is carried out in accordance with the provisions of the Anti-Corruption Guidelines.

  • To this end, the Borrower shall cause the Project to be carried out by IDAAN in accordance with the provisions of Article V of the General Conditions.

  • Pursuing the agreed mechanisms for collecting payment in the event that IDAAN do not pay any invoice by the due date.

  • To facilitate IDAAN’s carrying out of the Project, the Borrower shall make the proceeds of the Loan available to IDAAN under a subsidiary agreement entered into between the Borrower and IDAAN (“the Subsidiary Agreement”), under terms and conditions approved by the Bank, among which, inter alia, the requirement that IDAAN shall comply with the terms of this Agreement, the OM, the Anti-corruption guidelines, the EMF, IRF and the IPPF for the Project (“Subsidiary Agreement”).


More Definitions of IDAAN

IDAAN means Instituto de Acueductos y Alcantarillados Nacionales, the National Water and Sewer Agency of the Borrower, established by Law No. 2 of January 7, 1997 as amended to date, including through Law No. 77 of December 28, 2001 which reorganized it as an autonomous public entity with legal personality and patrimony.
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