LVK definition
Examples of LVK in a sentence
LVK shall: (a) maintain, until the completion of the Project, a Project Implementation Unit (PIU) under terms of reference and with staffing and other resources acceptable to the Bank; and (b) assign to the PIU the responsibility of managing and monitoring Project Implementation.
The Borrower and the Bank hereby agree that the obligations set forth in Sections 9.04, 9.05, 9.06, 9.07, 9.08 and 9.09 of the General Conditions (relating to insurance, use of goods and services, plans and schedules, records and reports, maintenance and land acquisition, respectively) shall be carried out by LVK pursuant to Section 2.06 (a) of the Project Agreement.
Lviv and LVK each declares its commitment to the objectives of the Project as set forth in Schedule 2 to the Loan Agreement, and, to this end, shall ensure the carrying out of the Project with due diligence and efficiency and in conformity with appropriate administrative, financial, engineering, environmental, and technical practices, and shall provide, promptly as needed, the funds, facilities, services and other resources required for the Project.
Any action required or permitted to be taken, and any document required permitted to be executed on behalf of LVK under this Agreement, or by LVK on behalf of the Borrower under the Loan Agreement, may be taken or executed by the Director or such other person or persons as the Director shall designate in writing, and LVK shall furnish to the Bank sufficient evidence of the authority and the authenticated specimen signature of each such person.