Project Implementing Entity definition

Project Implementing Entity means a legal entity (other than the Recipient or the Guarantor): (a) that is responsible for implementing all or a part of the Project; and (b) which is a party to the Project Agreement. If the Bank enters into a Project Agreement with more than one such entity, “Project Implementing Entity” refers separately to each such entity.
Project Implementing Entity means a legal entity (other than the Recipient or the Guarantor) which is responsible for implementing all or a part of the Project and which: (a) is a party to the Project Agreement; or (b) is not a party to the Project Agreement but is a party to an agreement (referred to in a Legal Agreement as a “Subsidiary Agreement”) whereby such party's role in implementing the Project or any part thereof is set forth. If there is more than one such entity, “Project Implementing Entity” refers separately to each such entity. For cases where clause (b) of this definition applies: the last sentence of Section 1.01 of these General Conditions shall be disregarded; the Association's obligation in Section 6.06(b)(ii) of these General Conditions to notify the Project Implementing Entity shall be disregarded; references to the Project Implementing Entity in Articles VIII and IX of these General Conditions shall be disregarded with the exception of the reference in Section 9.03; and, in those other Sections of these General Conditions where reference is made to a Project Implementing Entity’s obligations under the Project Agreement or under a Legal Agreement, such obligations shall be deemed to be those set forth in the respective “Subsidiary Agreement” referred to herein.
Project Implementing Entity or “PIE” means the Development Bank of Rwanda.

Examples of Project Implementing Entity in a sentence

  • The Additional Condition of Effectiveness consists of the following namely that the Subsidiary Agreement has been updated and executed on behalf of the Recipient and the Project Implementing Entity.

  • For the implementation of Part 2 of the Project, the Recipient shall cause the Project Implementing Entity to make Sub-Grants to selected Beneficiaries in accordance with detailed criteria set forth in the Subprojects Manual and pursuant to the pertinent Sub-Grant Agreement.

  • The Recipient, through the Project Implementing Entity, shall furnish to the Association each Project Report not later than one (1) month after the end of each calendar semester, covering the calendar semester.

  • The Recipient shall cause the Project Implementing Entity to maintain throughout the implementation of the Project adequate staff, including management staff, all with experience, qualifications, responsibilities and resources acceptable to the Association.

  • To facilitate the carrying out of the Project, the Recipient shall make the proceeds of the Financing available to the Project Implementing Entity under a subsidiary agreement to be entered into between the Recipient and the Project Implementing Entity, under terms and conditions approved by the Association ("Subsidiary Agreement").


More Definitions of Project Implementing Entity

Project Implementing Entity s Legislation” means the Memorandum and Articles of Association approved by Resolution No. 8 of the meeting of shareholders of the Development Bank of Rwanda, dated March 23, 2012.
Project Implementing Entity means ARB Apex Bank, ECG or VRA, as the case may be; and “Project Implementing Entities” means, collectively, all such entities.
Project Implementing Entity means CSRP.
Project Implementing Entity means either of the Project Implementing Entities.
Project Implementing Entity means the Recipient’s Province of Sindh.
Project Implementing Entity means the Borrower’s Province of Shandong and any successor thereto.
Project Implementing Entity means a legal entity (other than the Borrower or the Guarantor) which is responsible for implementing all or a part of the Project and which is a party to the Project Agreement. If the