LLDF definition

LLDF means Local Loans and Development Fund established under the Local Loans and Development Ordinance No. 22 of 1916 as amended and the Local Loans and Development Commissioners as described in Section 2 Subsection 3 of the said Ordinance, responsible for carrying out Component B of the Project, and any successor thereto;
View Source

Examples of LLDF in a sentence

  • Before disbursement under Component B of the Project, ADB shall carry out a review of the readiness of the LLDF to carry out the Project in accordance with ADB’s requirements in Operations Manual D6/OP of 15 December 2003, as amended from time to time.

  • Within one year of the Effective Date, the Borrower shall cause PCU to develop a Project Performance Monitoring System including (i) baseline data and output target set up during the FLIP and Subproject implementation manual preparation within Component A; (ii) comprehensive implementation-related performance dully collected and recorded by LLDF and SPCUs, periodically audited by PCU; and (iii) post-completion performance and impact data collected by PCU.

  • Developer may seek and utilize $2.3 million in Project financing assistance from the Thrive Economic Development Live Local Development Fund (the “LLDF”) and agrees to maintain compliance with the requirements of the LLDF.

  • Developer shall seek $2.5 million in Project financing assistance from the Thrive Economic Development Live Local Development Fund (the “LLDF”) and agrees to maintain compliance with the requirements of the LLDF.

  • A second generation imprest account shall be established for LLDF.

  • LLDF shall carry out the Project in accordance with plans, specifications, work schedules and construction methods in accordance to the Borrower’s Laws acceptable to ADB.

  • A Project Appraisal Unit (PAU) within the LLDF shall be established for the implementation of Component B of the Project.

  • The Borrower hereby designates MPCLG and LLDF (solely with respect to Component B) its agents for the purposes of taking any action or entering into any agreement required or permitted under Sections 3.02 and 3.04 of this Loan Agreement and under Sections 5.01, 5.02, 5.03 and 5.04 of the Loan Regulations.

  • The Borrower shall take all action which shall be necessary on its part to enable MPCLG and LLDF to perform its obligations under the Project Agreement, and shall not take or permit any action which would interfere with the performance of such obligations.

  • In the carrying out of the Project and operation of the Project facilities, the Borrower shall perform, or cause MPCLG and LLDF to perform, all obligations set forth in Schedule 6 to this Loan Agreement.