Common use of Commercial Practices Clause in Contracts

Commercial Practices. Items estimated to cost less than $1,000,000 equivalent per contract and to be financed under Sub-loans made for Sub-projects under Part B of the Project, may be procured in accordance with commercial practices acceptable to the Association.

Appears in 2 contracts

Samples: Development Credit Agreement, Development Credit Agreement

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Commercial Practices. Items estimated to cost less than $1,000,000 150,000 equivalent per contract and to be financed under Sub-loans Grants made for Sub-projects under Part B of the ProjectSubprojects, may be procured in accordance with commercial practices acceptable to the Association.

Appears in 2 contracts

Samples: Development Credit Agreement, Development Credit Agreement

Commercial Practices. Items estimated to cost less than $1,000,000 250,000 equivalent per contract and to be financed under Sub-loans or Financing Leases made for Sub-projects Subprojects under Part B C.1 of the Project, may be procured in accordance with commercial practices acceptable to the Association.

Appears in 1 contract

Samples: Development Financing Agreement

Commercial Practices. Items estimated to cost less than $1,000,000 300,000 equivalent per contract and to be financed under Sub-loans made for Sub-projects by the PFIs under Part B B.1 of the Project, may be procured in accordance with commercial practices acceptable to the Association.

Appears in 1 contract

Samples: Development Credit Agreement

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Commercial Practices. Items estimated to cost less than $1,000,000 150,000 equivalent per contract and to be financed under Sub-loans made for Sub-projects Subprojects under Part B A.1 (b) of the Project, Project may be procured in accordance with commercial practices acceptable to the Association.

Appears in 1 contract

Samples: Development Credit Agreement

Commercial Practices. Items estimated to cost less than $1,000,000 30,000 equivalent per contract and to be financed under Sub-loans made for Sub-projects Subprojects under Part B C (1) (a) (iii) of the Project, may be procured in accordance with commercial practices acceptable to the Association.

Appears in 1 contract

Samples: Development Financing Agreement

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