LAMATA definition
Examples of LAMATA in a sentence
To this end, Lagos State shall cause LAMATA to carry out the Project in accordance with the provisions of Article II of the Standard Conditions and shall provide as needed, the funds, facilities, services and other resources required for the Project.
LAMATA shall ensure that the Project is carried out in accordance with the provisions of the Anti-Corruption Guidelines.
Without limitation upon the provisions of Section 2.01 of this Agreement, and except as the World Bank and Lagos State shall otherwise agree, Lagos State shall carry out the Project in accordance with the provisions of the Schedule to this Agreement and the LAMATA GEF Project Agreement.
To this end, Lagos State shall cause LAMATA to carry out the Project in accordance with the provisions of Article IV of the General Conditions, and shall provide promptly as needed, the funds, facilities, services and other resources required for the Project.
LAMATA shall have its financial statements referred to above audited by independent auditors acceptable to the Association, in accordance with consistently applied auditing standards acceptable to the Association.
Thereafter, LAMATA shall ensure the implementation of such remedial measures, taking into account the views of the Association thereon.
LAMATA shall maintain a financial management system and prepare financial statements in accordance with consistently applied accounting standards acceptable to the World Bank, both in a manner adequate to reflect the operations and financial condition of LAMATA, including the operations, resources and expenditures related to the Project.
Each audit of these financial statements shall cover the period of one fiscal year of LAMATA.
Lagos State shall monitor and evaluate the progress the Project and prepare Project Reports (in part based on the reports prepared by LAMATA pursuant to Section II.A.1. of the LAMATA Project Agreement), all in accordance with the provisions of Section 4.08 of the General Conditions and on the basis of indicators set forth in Section II.A.2. of Schedule 2 to the Financing Agreement.
LAMATA shall monitor and evaluate the progress of the Project and prepare Project Reports in accordance with the provisions of Section 4.08 of the General Conditions and on the basis of the indicators set forth in Section II.A.2 of Schedule 2 to the Financing Agreement.