Examples of Sponsoring agency in a sentence
SIF shall be entitled to charge a fee to the Sponsoring Agency (to be included in the cost of the Subproject) consisting of: (a) an up-front fee not to exceed two percent of the Subproject grant amount, and (b) a semi-annual processing fee equal to no more than three percent of actual grant disbursements for the relevent six- month period.
When presenting a Subproject to the Association for approval, SIF shall furnish to the Association an application, in a form satisfactory to the Association, together with: (i) a description of the Sponsoring Agency and an appraisal of the Subproject, including procurement procedures and a description of the expenditures to be financed out of the proceeds of the Credit; and (ii) such other information as the Association shall reasonably request.
The first request by SIF to make withdrawals from the Credit Account in respect of each Subproject which is not subject to prior approval by the Association shall contain a summary description of the Subproject and the Sponsoring Agency, including procurement procedures and a description of the expenditures proposed to be financed out of the proceeds of the Credit.
Proposals for Subprojects shall identify the type of Subproject, describe the works, goods or services to be financed and identify the Sponsoring Agency and the Beneficiaries.