Common use of Approval and Adoption Clause in Contracts

Approval and Adoption. The Lead Project Agency shall forward the draft PIM to IFAD for its non-objection. If IFAD does not comment on the draft PIM within thirty (30) days after receipt, it shall be deemed to have no objections. The Lead Project Agency shall adopt the PIM, substantially in the form approved by IFAD.

Appears in 2 contracts

Samples: Negotiated Financing Agreement, Negotiated Financing Agreement

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Approval and Adoption. The Lead Project Agency shall forward the draft PIM to IFAD for its non-objectionclearance. If IFAD the Fund does not comment on the draft PIM within thirty (30) days after receipt, it shall be deemed to have no objections. The Lead Project Agency shall adopt the PIM, substantially in the form approved by IFADthe Fund.

Appears in 1 contract

Samples: Negotiated Financing Agreement

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Approval and Adoption. The Lead Project Programme Agency shall forward the draft PIM to IFAD for its non-objection. If IFAD does not comment on the draft PIM within thirty (30) days after receipt, it shall be deemed to have no objections. The Lead Project Programme Agency shall adopt the PIM, PIM substantially in the form approved endorsed by IFAD.

Appears in 1 contract

Samples: Negotiated Financing Agreement

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