BPE Sample Clauses

BPE. (a) The Borrower shall, within MEBA, maintain BPE, in a form and with functions, staffing and resources satisfactory to the Association. The functions of BPE shall
Sample 1
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BPE. (a) The Borrower shall, within MEBA, maintain BPE, in a form and with functions, staffing and resources satisfactory to the Association. The functions of BPE shall include: (i) coordination with the Permanent Technical Secretariat (SPT) and DAF related to the carrying out of the Project; (ii) the monitoring and funding of activities under the Project; (iii) the management of the Special Accounts; (iv) the preparation of consolidated financial statements of the Project; (v) the arrangement of random Project audits to be carried out by independent auditors satisfactory to the Association; and (vi) all other financial reporting functions required under the Project.
Sample 1
BPE. (A) Until such date when BPE’s functions have been transferred to the DAF of MEBA in form and with staffing and resources satisfactory to the Association: (a) The Borrower shall, within MEBA, maintain BPE, in a form and with functions, staffing and resources satisfactory to the Association. The functions of BPE shall include: (i) coordination with the Permanent Technical Secretariat (SPT) and DAF related to the carrying out of the Project; (ii) the monitoring and funding of activities under the Project; (iii) the management of the Special Accounts; (iv) the preparation of consolidated financial statements of the Project;
Sample 1

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