Project Implementation Arrangement definition
Examples of Project Implementation Arrangement in a sentence
The following event is specified as an additional condition to the effectiveness of the Development Credit Agreement within the meaning of Section 12.01 (b) of the General Conditions, namely that a Project Implementation Arrangement has been executed on behalf of the Borrower and each Project Entity.
The following events are specified as additional conditions to the effectiveness of the Loan Agreement within the meaning of Section 12.01(c) of the General Conditions, namely, that a Project Implementation Arrangement has been executed on behalf of the Borrower and each Project Entity.
Each Project Entity shall promptly inform the Bank of any condition which interferes or threatens to interfere with the progress of its Respective Part of the Project, the accomplishment of the purposes of the Loan, or the performance by said Project Entity of its obligations under the Project Implementation Arrangement to which it is a party.
The following is specified as an additional matter, within the meaning of Section 12.02 (b) of the General Conditions, to be included in the opinion or opinions to be furnished to the Association, namely that the Project Implementation Arrangement between the Borrower and each Project Entity has been duly authorized or ratified by the Borrower and said Project Entity and is legally binding upon the Borrower and said Project Entity in accordance with its terms.
The following are specified as additional matters, within the meaning of Section 12.02(c) of the General Conditions, to be included in the opinion or opinions to be furnished to the Bank, namely, that the Project Implementation Arrangement between the Borrower and each Project Entity has been duly authorized or ratified by the Borrower and said Project Entity and is legally binding upon the Borrower and said Project Entity in accordance with its terms.