Annual Work Plans. (a) The Recipient shall prepare in accordance with guidelines acceptable to the Association and furnish to the Association not later than March 31 in each calendar year, a proposed annual work plan and budget for the Project for the following fiscal year of the Recipient, of such scope and in such detail as the Association shall reasonably request. (b) The Recipient shall: (i) afford the Association a reasonable opportunity to exchange views with the Recipient on such proposed work plan; and (ii) thereafter carry out such work plan according to such budget, both as shall have been approved by the Association.
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Samples: Financing Agreement, Financing Agreement
Annual Work Plans. (a) 1. The Recipient shall prepare in accordance with guidelines acceptable prepare, under terms of reference satisfactory to the Association Association, and furnish to the Association not later than March 31 February 15 in each calendar year, for the Association’s consideration, a proposed annual work plan and budget for of activities to be included in the Project for the following fiscal year of the Recipientcalendar year, of such scope plan to include an implementation schedule and in such detail as the Association shall reasonably requestbudget and financing plan therefor.
(b) 2. The Recipient shall: (i) shall afford the Association a reasonable opportunity to review and exchange views with the Recipient on such proposed work plan; , and (ii) thereafter carry out thereafter, shall implement such work plan according to such budget, both as shall have been approved by the Association, with due diligence.
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Samples: Financing Agreement, Financing Agreement
Annual Work Plans. (a) 1. The Recipient shall prepare in accordance with guidelines acceptable to the Association and furnish to the Association not later than March October 31 in each calendar year, a proposed annual work plan and budget for the Project for the following fiscal year of the Recipientcalendar year, of such scope and in such detail as the Association shall reasonably request.
(b) 2. The Recipient shall: (ia) afford the Association a reasonable opportunity to exchange views with the Recipient on such proposed work plan; and (iib) thereafter carry out such work plan and according to such budget, both as shall have been approved by the AssociationAssociation during such following year.
Appears in 2 contracts
Samples: Financing Agreement, Financing Agreement
Annual Work Plans. (a) The Recipient shall prepare in accordance with guidelines acceptable to the Association and furnish to the Association not later than March 31 in each calendar year, a proposed annual work plan and budget for the Project for the following fiscal year of the Recipient, of such scope and in such detail as the Association shall reasonably request.
(b) The Recipient shall: (i) afford the Association a reasonable opportunity to exchange views with the Recipient on such proposed work plan; and (ii) thereafter carry out such work plan according to such budget, both as shall have been approved by the Association.and
Appears in 1 contract
Samples: Financing Agreement