Examples of Program Operational Manual in a sentence
The Borrower shall maintain a Program Operational Manual (“POM”) in form and substance satisfactory to the Bank, and thereafter ensure that the Program is maintained and carried out in accordance with the provisions set forth in the POM, including ensuring adherence by the DSPV Sub-borrowers, XXXX Sub-borrowers, and Facility Borrowers (which shall include causing the respective Facility Sub-borrowers’ adherence to the POM).
The Additional Condition of Effectiveness consists of the following: The Program Operational Manual has been prepared and adopted in form and substance satisfactory to the Bank.