LAF/LAP definition

LAF/LAP means the Land Acquisition Framework and Land Acquisition Procedures prepared and adopted by the Borrower, disclosed on October 8, 2009, and satisfactory to the Bank, which sets forth the policies, procedures and guidelines for the acquisition of land during the implementation of the Project, financial compensation therefor and the monitoring and reporting on such activities, as said Framework and Procedures may be amended from time to time with the prior approval of the Bank.
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Examples of LAF/LAP in a sentence

  • The Borrower shall: (i) ensure that the Project is implemented in accordance with the ESMP and the LAF/LAP; (ii) not amend, suspend, abrogate, repeal or waive any provision of the ESMP, or of the LAF/LAP, without the prior approval of the Bank; and (ii) ensure that adequate information on the implementation of the ESMP and the LAF/LAP is suitably included in the Reports referred to in Paragraph A.1, Section II of this Schedule 2.

Related to LAF/LAP

  • Electric vehicle charging station means an electric component

  • Intermodal Rail Yard means a rail facility in which cargo is transferred from drayage truck to train or vice-versa.

  • State ceiling means the aggregate amount of certain private activity bonds, including qualified mortgage bonds, that may be issued in any calendar year in this state pursuant to section 146 of the internal revenue code of 1986, 26 USC 146.

  • State of Charge (SOC) means the available electrical charge in a REESS expressed as a percentage of its rated capacity.

  • Tank wagon means a straight truck having 1 or more compartments other than the fuel supply tank designed or used to carry motor fuel.