Work Bank definition
Work Bank means the system for recording, managing and prioritising maintenance activities established by the Franchisee in accordance with Part 9 of Schedule 4;
Examples of Work Bank in a sentence
If Borrower fails to begin on a timely basis or diligently prosecute any required Remedial Work, Bank may, at its option, cause the Remedial Work to be completed, in which case Borrower shall reimburse Bank on demand for the cost of doing so.
The Franchisee shall establish a Work Bank in accordance with Part 9 of Schedule 4 and use that Work Bank to record, manage and prioritise the rectification all items contained therein.
Specifically, • The Work Bank, as the direct manager of the MA, and will provide final approval of all MA outputs.
The work experience in the sector of Economic analysis, Demand analysis and Willingness to pay assessment under externally funded projects (ADB or Work Bank etc.) for 2-years will be an advantage.