Sirket definition
Examples of Sirket in a sentence
The Borrower shall, through the Sirket, not later than September 30 of each year, review with the Bank the technical and financial progress in implementing the Project, including the cost recovery of the services.
Equinix Turkey Internet Hizmetleri Anonim Sirket Wholly owned by TelecityGroup International Ltd.
Equinix Turkey Enterprises Ýnternet Hizmetleri Anonim Sirketi Wholly owned by Equinix Turkey Internet Hizmetleri Anonim Sirket Equinix (Poland) Sp. Z o.o. Wholly owned by TelecityGroup International Ltd.
Responsibilities of the PMU and the Sirket The Borrower shall maintain the PMU with the responsibilities set forth hereinafter until the Sirket has been established and has demonstrated to the satisfaction of the Bank that it has the capacity to perform the following functions.
The Borrower shall, through the Sirket: (a) not later than October 31, 1995, issue the invitations for bids by Private Operators to manage the operation of the water supply, sewerage and stormwater drainage system; and (b) not later than May 31, 1996 enter into lease and/or management contracts for such purpose satisfactory to the Bank.
For the foregoing purposes, the Sirket shall employ, not later than November 30, 1995, said staff and provide facilities as shall be required for it to perform on behalf of the Borrower its technical and administrative responsibilities under the Project, including the employment of not more than ten (10) professional persons whose qualifications and experience shall be satisfactory to the Bank.
The Sirket shall have its accounts audited on an annual basis, in accordance with appropriate auditing principles consistently applied, by independent auditors acceptable to the Bank.
The Borrower shall, through the Sirket, prepare and furnish to the Guarantor and the Bank not later than 60 days after each calendar quarter ending March 31, June 30, September 30 and December 31, a consolidated report on Project implementation for the preceding quarter covering the physical progress measured against construction and procurement schedules and monitoring indicators satisfactory to the Bank.
The Sirket shall be responsible for consolidating the administrative and financial management of water supply and sewerage services provision for the Borrower.
The Sirket shall evaluate the operational and financial performance of the Private Operators on the basis of indicators specified in lease and/or management contracts.