Examples of Project Operating Expenses in a sentence
Expenditures included in the Project Operating Expenses category may be procured in accordance with the Recipient’s established administrative procedures acceptable to the World Bank.
The District covenants and agrees to pay to the Agency the revenues received from the Company from the Project Water Payments, provided however it will reduce the payment amount by any portion of the Fixed Project Costs and Project Operating Expenses paid directly by the District.
At least sixty (60) days prior to the beginning of each Bond Year thereafter, the Corporation shall prepare a budget of Project Operating Expenses made or to be made monthly for such Bond Year.
Moneys in the Project Operating Fund shall be used only for the payment of Project Operating Expenses and shall be withdrawn by the Corporation at such times and in such amounts as the Corporation considers necessary to make such payments.
In the event the Corporation shall re–enter the Project upon the happening of an event of default by the City under the Agreement or upon a termination of the Agreement by the Corporation pursuant to Section 10.01 of the Agreement, and operate the same directly or by an agent, the Corporation shall prepare, not later than sixty (60) days from the date of such re–entry, a budget of Project Operating Expenses made or to be made monthly for the balance of the then current Bond Year.