MRDI definition
Examples of MRDI in a sentence
Notwithstanding any other provision of this Loan Agreement, no withdrawal shall be made from the Loan Account until the Subsidiary Loan Agreement, in form and substance satisfactory to ADB, has been duly authorized and executed and delivered on behalf of, the Borrower, MRDI and UWSCG, and is legally binding upon the parties thereto in accordance with its terms.
The Borrower shall make a portion of the proceeds of the Loan (SDR7,342,000) available to MRDI upon terms and conditions satisfactory to ADB and cause MRDI to apply such proceeds to the financing of expenditures on Component 2 of the Project in accordance with the provisions of this Loan Agreement.
Any change to the portion of the proceeds of the Loan that is relent to UWSCG, as described in Section 3.01(a) of this Loan Agreement, or to the portion of the proceeds of the Loan that is made available to MRDI, as described in Section 3.02 of this Loan Agreement, shall be agreed between the Borrower and ADB.
The Borrower, through MRDI, shall operate and maintain the ETCIC with a composition, terms of reference, and resources, satisfactory to the Bank.
Notwithstanding any other provision of this Loan Agreement, no withdrawals shall be made from the Loan Account until the Subsidiary Loan Agreement, in form and substance satisfactory to ADB, has been duly authorized and executed and delivered on behalf of the Borrower, MRDI and UWSCG, and is legally binding upon such parties in accordance with its terms.
The Administrative Agent shall have received and be satisfied with the report of the Mining Consultant with respect to the Project, including with respect to the Borrower's actual and projected capital expenditures, operating costs, mine development schedules, proven and projected reserves and production volume for both the Nye ▇▇▇e and the East Boulder Mine, as well as a review of the reports prepared by Bechtel Mining and Metals and MRDI.
In response to the stated challenges and according to the Article 157 of the law on self- government MRDI developed a “Concept on Continuous Learning of Local Self-government Officials”48, which was approved by the Government of Georgia in May 2014.