Common use of Financial and Other Covenants Clause in Contracts

Financial and Other Covenants. Section 4.01. (a) The Borrower shall maintain a financial management system, including records and accounts, and prepare financial statements in a format acceptable to the Association, adequate to reflect the operations, resources and expenditures related to the Project.

Appears in 6 contracts

Samples: Development Credit Agreement, Development Credit Agreement, Development Credit Agreement

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Financial and Other Covenants. Section 4.01. (a) The Borrower shall establish and maintain a financial management system, including records and accounts, and prepare financial statements in a format acceptable to the AssociationBank, adequate to reflect the operations, resources and expenditures related to for and in connection with the carrying out of the Project.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement

Financial and Other Covenants. Section 4.01. (a) The Borrower shall maintain maintain, or cause to be maintained, a financial management system, including records and accounts, and prepare financial statements statements, all in a format accordance with consistently applied accounting standards acceptable to the AssociationBank, adequate to reflect the its operations, resources and expenditures related to the Project.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement

Financial and Other Covenants. Section 4.01. (a) The Borrower shall maintain or cause to be maintained a financial management system, including records and accounts, accounts and prepare financial statements in a format acceptable to the Association, adequate to reflect the operations, resources and expenditures related to in respect of all parts of the Project (with the exception of Part A.3 of the Project), for which the departments or agencies of the Borrower responsible.

Appears in 2 contracts

Samples: The Development Credit Agreement, Development Credit Agreement

Financial and Other Covenants. Section 4.01. (a) The Borrower shall establish and maintain or cause to be maintained a financial management system, including records and accounts, and prepare financial statements in a format acceptable to the Association, adequate to reflect reflect, in accordance with sound accounting practices the operations, resources and expenditures related to the Project.

Appears in 2 contracts

Samples: Development Credit Agreement, Development Credit Agreement

Financial and Other Covenants. Section 4.01. (a) The Borrower Borrower, through the MOEIEI, shall maintain a financial management system, including records and accounts, and prepare financial statements in a format acceptable to the AssociationBank, adequate to reflect the operations, resources and expenditures related to the Project.

Appears in 1 contract

Samples: Loan Agreement

Financial and Other Covenants. Section 4.01. (a) The Borrower shall maintain a financial management system, including records and accounts, and prepare financial statements in a format acceptable to the AssociationBank, adequate to reflect the operations, resources and expenditures related to for and in connection with the carrying out of the Project.

Appears in 1 contract

Samples: Loan Agreement

Financial and Other Covenants. Section 4.01. (a) The Borrower shall maintain a financial management system, including records and accounts, and prepare financial statements in a format acceptable to the AssociationBank, adequate to reflect the operations, resources and expenditures related to the Project.

Appears in 1 contract

Samples: Loan Agreement

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Financial and Other Covenants. Section 4.01. (a) The Borrower shall maintain a financial management system, including records and accounts, and prepare financial statements statements, in a format acceptable to the Association, adequate to reflect its operations and financial condition and to register separately the operations, resources and expenditures operations related to the Project.

Appears in 1 contract

Samples: Development Credit Agreement

Financial and Other Covenants. Section 4.01. (a) The Borrower shall maintain a financial management system, including records and accounts, and prepare financial statements in a format acceptable to the Association, adequate to reflect in accordance with sound financial management and accounting practices the operations, resources and expenditures related to the ProjectProject of the departments or agencies of the Borrower responsible for carrying out the Project or any part thereof.

Appears in 1 contract

Samples: Development Credit Agreement

Financial and Other Covenants. Section 4.01. (a) The Borrower shall establish and maintain a financial management system, including records and accounts, and prepare financial statements in accordance with consistently applied accounting standards in a format acceptable to the Association, adequate to reflect the operations, resources and expenditures related to Parts A, B.4, B.5, C and D of the Project.

Appears in 1 contract

Samples: Development Financing Agreement

Financial and Other Covenants. Section 4.01. (a) The Borrower shall establish and maintain a financial management system, including records and accounts, and prepare financial statements in a format acceptable to the AssociationBank, adequate to reflect the operations, resources and expenditures related to for and in connection with the Projectcarrying out of the Project or any part thereof.

Appears in 1 contract

Samples: Loan Agreement

Financial and Other Covenants. Section 4.01. (a) The Borrower shall maintain a financial management system, including records and accounts, and prepare financial statements in a format acceptable to the Association, adequate to reflect the operations, resources and expenditures related to the Project, including those reflecting the Grants.

Appears in 1 contract

Samples: Development Credit Agreement

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