Retroactive Financing. 5. Withdrawals from the Loan Account may be made for reimbursement of eligible expenditures incurred under the Project before the Effective Date, but not earlier than 12 months before the date of this Loan Agreement in connection with items to be retroactively financed, subject to a maximum amount equivalent to 20% of the Loan amount. Schedule 3 Condition for Withdrawals from Loan Account
Retroactive Financing. 8. The Recipient may use part of the proceeds of the Grant for reimbursement of eligible expenditures incurred under the Project before the Effective Date, but not earlier than the declaration of the emergency on 12 March 2020, subject to a maximum amount equivalent to 30% of the Grant amount. To: WITHDRAWAL APPLICATION Asian Development Bank (ADB) 0 XXX Xxxxxx, Xxxxxxxxxxx Xxxx 0000 Xxxxx Xxxxxx, Xxxxxxxxxxx ADB Grant No. - Application No. Oct 2017 Attention: Loan Administration Division, Controller's Department (CTLA)
Retroactive Financing. 5. Withdrawals from the Grant Account may be made for reimbursement of eligible expenditures incurred under the Project before the Effective Date, but not earlier than 12 months before the date of this Grant Agreement in connection with items to be retroactively financed, subject to a maximum amount equivalent to 20% of the Grant amount.
Retroactive Financing. 5. Withdrawals from the Grant Account may be made to finance eligible expenditures incurred under the Project before the Effective Date, but not earlier than 12 months before the date of this Grant Agreement in connection with items to be retroactively financed, subject to a maximum amount equivalent to 20% of the Grant amount. Attachment to Schedule 1 TABLE ALLOCATION AND WITHDRAWAL OF GRANT PROCEEDS (Highlands Region Road Improvement Investment Program – Project 3) Number Item Total Amount Allocated for EU Financing ($) Category Subcategory Basis for Withdrawal from the Grant Account 1 Works 14,999,000 1A Gewa-Gembogl 4,900,000 12% of total expenditure claimed 1B Nipa-Munihu 3,700,000 12% of total expenditure claimed 0X Xxxxxx-Wiru Loop 3,500,000 12% of total expenditure claimed 1D Henganofi-Nupuru 2,899,000 12% of total expenditure claimed 2 Consulting Services 4,712,000 64% of total expenditure claimed* 3 Project Administration 7,000 47% of total expenditure claimed* 4 Unallocated** 1,382,000 Total 21,100,000 * Exclusive of taxes and duties imposed within the territory of the Recipient. ** Includes ADB's 7% administration fee and other charges pursuant to the Amended Contribution Agreement . SCHEDULE 2
Retroactive Financing. 1. In order to ensure early project start-up, avoid gaps between sequential projects and prevent delays, the aCP States may, on completion of project appraisal and before the financing decision is taken, pre-finance activities linked to the start-up of programmes, preliminary and seasonal work, orders for equipment with long delivery lead times as well as some on-going operations. Such expenditure shall satisfy the procedures provided for in this agreement.
Retroactive Financing. 6. Withdrawals from the Loan Account may be made for reimbursement of eligible expenditures incurred under the Project before the Effective Date, but not earlier than 12 months before the date of this Loan Agreement in connection with the office refurbishment, office equipment and incremental operational costs such as travel expenses, subject to a maximum amount equivalent to 20% of the Loan amount. Attachment to Schedule 3 TABLE ALLOCATION AND WITHDRAWAL OF LOAN PROCEEDS (Northern Smallholder Livestock Commercialization Project) Number Item Total Amount Allocated for ADB Financing (SDR) Category Subcategory Basis for Withdrawal from the Loan Account 1 Works 1,246,000 100% of total expenditures claimed 2 Vehicles and Equipment 481,000 2A Vehicles 292,000 100% of total expenditures claimed 2B Motorcycles 65,000 100% of total expenditures claimed 2C Equipment 124,000 100% of total expenditures claimed 3 Consulting Services 2,997,000 100% of total expenditures claimed 4 Implementation and Supervision 2,167,000 100% of total expenditures claimed 5 Vehicle and Equipment Operations and Maintenance 513,000 100% of total expenditures claimed 6 SLPMG equipment and materials 1,896,000 100% of total expenditures claimed 7 Xxxxxx and value chain training and regulations 2,094,000 100% of total expenditures claimed 8 Service contracts 536,000 100% of total expenditures claimed 9 Surveys and studies 134,000 100% of total expenditures claimed 10 Audit Services 118,000 100% of total expenditures claimed 11 Interest During Implementation 479,000 100% of amount due 12 Unallocated 1,503,000 Total 14,164,000 SCHEDULE 4
Retroactive Financing. Retroactive financing will be allowed for eligible expenditures1 not exceeding 20.0% under each tranche, incurred before loan effectiveness, but not earlier than 12 months before signing of the loan agreements. Any retroactive financing would comply with the same ADB requirements as for any other subprojects funded under PPIDF 3.
Retroactive Financing. 5. Withdrawals from the Grant Account may be made for reimbursement of eligible expenditures incurred under the Project before the Effective Date, but not earlier than 12 months before the date of this Grant Agreement, subject to a maximum amount equivalent to 20% of the Grant amount. Attachment to Schedule 1 TABLE ALLOCATION AND WITHDRAWAL OF GRANT PROCEEDS (Southwest Area Integrated Water Resources Planning and Management Project -Additional Financing) Total Amount Allocated for the Government of Netherlands Financing Basis for Withdrawal Number Item ($) from the Grant Account Category 1 Training and Development Capacity 3,710,000 26% of total expenditure claimed 2 Consulting Services 3,040,000 38% of total expenditure claimed 3 ADB Administration Fees and Other Charges* 250,000 100% of amount due Total 7,000,000 * This amount also serves as a reserve for payment of ADB’s administration fees and bank charges or other
Retroactive Financing. 5. Withdrawals from the Loan Account may be made for reimbursement of eligible expenditures incurred under the Project before the Effective Date, but not earlier than 12 months before the date of this Loan Agreement, subject to a maximum amount equivalent to 20% of the Loan amount. Attachment to Schedule 3 TABLE ALLOCATION AND WITHDRAWAL OF LOAN PROCEEDS (Railway Sector Investment Program – Tranche 2) CATEGORY ADB FINANCING Number Item Total Amount Allocated for ADB Financing ($) Category Basis for Withdrawal from the Loan Account 1 Goods 115,300,000 100% of total expenditure claimed* 2 Consulting Services 1,500,000 100% of total expenditure claimed* 3 Unallocated 13,200,000 Total 130,000,000 *Exclusive of taxes and duties imposed within the territory of the Borrower SCHEDULE 4
Retroactive Financing. 15 Include applicable eligible expense categories. 16 This article needs to be interpreted in line with Article 3.2 of the Framework Agreement. 17 Include applicable eligible expense categories. [5.1] The Trust Fund funds may be used to retroactively finance payments for eligible expenditures made as of [insert date] in accordance with the Bank’s applicable policies and procedures.] ANNEX 2 Standard Provisions [This Annex shall be applicable to and form an integral part of the Administration Agreement for the Trust Fund between the Bank and the Donor, it being understood that any plural references in the annexes to Donors, Administration Agreements, Contributions and pro rata shares shall be read as singular references18 to the Donor, its Administration Agreement, its Contributions thereunder and the remaining uncommitted balance of the Trust Fund, respectively.]19 [This Annex shall be applicable to and form an integral part of all Administration Agreements between the Bank and the respective Donors.]20
