MECS definition
Examples of MECS in a sentence
The Borrower and MECS shall (a) comply with ADB’s Anticorruption Policy (1998, as amended to date) and acknowledge that ADB reserves the right to investigate directly, or through its agents, any alleged corrupt, fraudulent, collusive or coercive practice relating to the Project; and (b) cooperate with any such investigation and extend all necessary assistance for satisfactory completion of such investigation.
The Borrower shall cause MECS to ensure that all bidding documents and contracts for Works contain provisions that require contractors to: (a) comply with the measures relevant to the contractor set forth in the SEMP; (b) make available a budget for such environmental measures; and (c) provide MECS with written notice of any environmental risks or impacts that arise during construction, implementation or operation of the Project that were not considered in the SEMP.
The Borrower and MECS shall ensure that the Project is implemented in accordance with the detailed arrangements set forth in the ▇▇▇.
The Borrower shall cause MECS to ensure that all Works are undertaken within existing HEI facilities, and therefore will not involve land acquisition and resettlement nor adverse impacts on indigenous peoples.
In the event that the location of any Works to be financed under the Project changes, the Borrower shall cause MECS to notify ADB and ensure that appropriate safeguards assessments and plans, if required as per ADB’s Safeguard Policy Statement (2009), are prepared and cleared by ADB prior to commencement of any such Works.
The Borrower shall cause MECS to ensure that all Works are implemented in compliance with ADB’s Safeguard Policy Statement, applicable national laws on environment, health and safety, and the SEMP prepared for the Project.