Readiness Fund definition

Readiness Fund means one of the two trust funds established under the Facility to receive funding from Donor Participants to achieve the objectives described in Section 2.1;

Examples of Readiness Fund in a sentence

  • The Bank shall be the Trustee of the Readiness Fund and the Trustee of the Carbon Fund.

  • For the members of the Participants Committee who are from a REDD Country Participant, funding from the Readiness Fund may be made available for covering the expenses of such members’ travel and accommodation incurred in attending the meetings of the Participants Committee.

  • Both the Readiness Fund and the Carbon Fund shall be denominated in United States Dollars (“ Holding Currency”).

  • Provided, in both subparagraphs (a) and (b) above, the Trustee will continue to serve as trustee of the Readiness Fund and/or the Carbon Fund, as the case may be, only if the Board of Executive Directors have expressly agreed to the extension and to the terms of such extension.

  • An Eligible Donor may participate in the Readiness Fund through entering into a Donor Participation Agreement.

  • On or before termination of the Facility, the Participants may decide to continue the business of the Facility by unanimous vote of all the Participants, provided that, the Trustee will continue to serve as trustee of the Readiness Fund and/or the Carbon Fund, only if the Board of Executive Directors have expressly agreed to the extension and to the terms of such extension.

  • The powers and duties of the Trustee of the Readiness Fund and the Trustee of the Carbon Fund shall be subject to this Charter, the Participation Agreements and the relevant World Bank’s Operational Policies and Procedures.

  • Section 20 (b) shall apply to the Trustee of the Readiness Fund and the Trustee of the Carbon Fund except that indemnification of each Trustee is limited to the Fund Property of the respective Fund.

  • An Operational Date for the Readiness Fund being the date on which the Trustee of the Readiness Fund has signed Donor Participation Agreements, representing a sum of at least US$20 million.

  • In the case of the Readiness Fund, the Trustee of the Readiness Fund shall, upon termination of the Readiness Fund, return to the Donor Participants on a pro rata basis any remaining balance of the Contributions of the Donor Participants that that is not committed by the Trustee of the Readiness Fund or the IBRD, including without limitation, under Grant Agreements and/or any other agreement with any consultant or other third parties for the purpose of the Readiness Fund.

Related to Readiness Fund

  • POS means point of sale.

  • Pilot or "Payment in Lieu of Tax" shall mean any payment made to the Agency or an affected tax jurisdiction equal to all or a portion of the real property taxes or other taxes which would have been levied by or on behalf of an affected tax jurisdiction with respect to a project but for tax exemption obtained by reason of the involvement of the Agency in such project, but such term shall not include Agency fees.

  • Transportation network company driver or “driver” means an

  • Pollbook means a record of the names of voters in the order that they appear to

  • Qard means a contract of lending money whereby the borrower is obliged to repay the equivalent amount to lender.

  • Verification system means the system maintained by the department under section 19-24.1-31 for verification of registry identification cards.

  • Tickets has the meaning set forth in Section 5.01.

  • Peak Season means the weeks containing the 24th through 36th Wednesdays of the calendar year. Each such week shall begin on a Monday and end on the following Sunday, except for the week containing the 36th Wednesday, which shall end on the following Friday.

  • NOC means National Olympic Committee.

  • Subscriber Management System means a system or device which stores the subscriber records and details with respect to name, address and other information regarding the hardware being utilized by the subscriber, channels or bouquets of channels subscribed by the subscriber, price of such channels or bouquets of channels as defined in the system, the activation or deactivation dates and time for any channel or bouquets of channels, a log of all actions performed on a subscriber’s record, invoices raised on each subscriber and the amounts paid or discount allowed to the subscriber for each billing period;

  • Weighbridge means any weighbridge either departmental weighbridge/s & or public weighbridge/s authorized by the company for weighment of gypsum/Selenite.

  • Sailboat means the same as that term is defined in Section 73-18-2.

  • Ticket means a list of:

  • Drywell means an unlined or partially lined underground pit (regardless of geometry) into which drainage from roofs, basement floors, water softeners or other non-wastewater sources is discharged and from which the liquid seeps into the surrounding soil.

  • distance education system means the system of imparting education through any means of communication, such as broadcasting, telecasting, correspondence courses, seminars, contact programmes or the combination of any two or more such means;

  • Check Meter means the Buyer revenue-quality meter section(s) or meter(s), which Buyer may require at its discretion, and which will include those devices normally supplied by Buyer or Seller under the applicable utility electric service requirements.

  • Capture means the process of buffering EDR data in a temporary, volatile storage where it is continuously updated at regular time intervals.

  • MCP means a Material Change Proposal for the Station issued on [ ];

  • Seaplane means an aeroplane capable normally of taking off from and alighting solely on water;

  • Dewatering means the removal of water for construction activity. It can be a discharge of appropriated surface or groundwater to dry and/or solidify a construction site. It may require Minnesota Department of Natural Resources permits to be appropriated and if contaminated may require other MPCA permits to be discharged.

  • Classroom teacher means a teacher subject to annual performance evaluation review under the provisions of Education Law Section 3012-c.

  • Peak means the Morning Peak and the Evening Peak;

  • Production System means a live SAP system used for running Licensee’s internal business operations and where Licensee’s data is recorded.

  • Online means transactions through electronic data-interchange whether real time transactions or otherwise, which may be through the internet, intranet networks and the like.

  • Stormwater management planning area means the geographic area for which a stormwater management planning agency is authorized to prepare stormwater management plans, or a specific portion of that area identified in a stormwater management plan prepared by that agency.

  • NBOME means the National Board of Osteopathic Medical Examiners.