Commingling, Exchange and Investment of the Contributions. 2.1. The Contributions shall be accounted for as a single trust fund and shall be kept separate and apart from the funds of the Bank. The Contributions may be commingled with other trust fund assets maintained by the Bank.
2.2. The Contributions may be freely exchanged by the Bank into other currencies as may facilitate their disbursement.
2.3. The Bank shall invest and reinvest the Contributions pending their disbursement in accordance with the Bank’s policies and procedures for the investment of trust funds administered by the Bank. The Bank shall credit all income from such investment to the Trust Fund to be used for the same purposes as the Contributions.
Commingling, Exchange and Investment of the Contributions. 3.1 The Contributions shall be accounted for as a single trust fund and kept separate and apart from the funds of the World Bank. The Contributions may be commingled with other trust fund assets maintained by the World Bank.
3.2 The Contributions may be freely exchanged by the Trustee into other currencies as may facilitate their transfer.
3.3 The World Bank shall invest and reinvest the funds in the CGIAR Fund pending their transfer in accordance with the World Bank’s applicable policies and procedures for the investment of trust funds administered by the World Bank. The Trustee shall credit all income from such investment to Window 1 of the CGIAR Fund.
Commingling, Exchange and Investment of the Contributions. 2.1. The Contribution funds will be accounted for as a single trust fund and will be kept separate and apart from the funds of the Bank. The Contribution funds may be commingled with other trust fund assets maintained by the Bank.
2.2. The Contribution funds may be freely exchanged by the Bank into other currencies as may facilitate their disbursement.
Commingling, Exchange and Investment of the Contributions. 3.1 The Contributions shall be accounted for as a single trust fund and shall be kept separate and apart from the funds of the Trustee. The Contributions may be commingled with other trust fund assets maintained by the Trustee.
3.2 The Contributions may be freely exchanged by the Trustee into other currencies as may facilitate their disbursement.
3.3 The Trustee shall invest and reinvest the Contributions pending their disbursement in accordance with the Trustee’s policies and procedures for the investment of trust funds administered by the Trustee. The Trustee shall credit all income from such investment to the Trust Fund to be used for the same purposes as the Contributions.
Commingling, Exchange and Investment of the Contributions. 4.1. The Contribution funds in the Trust Fund shall be accounted for as a single trust fund and shall be kept separate and apart from the funds of the IBRD. The Contribution funds may be commingled with other trust fund assets maintained by the IBRD.
4.2. The Contribution funds may be freely exchanged by the Trustee into other currencies as may facilitate their disbursement.
4.3. The Trustee shall invest the Trust Fund funds including the Contributions pending their disbursement in accordance with the IBRD’s policies and procedures for the investment of trust funds administered by the IBRD. The Trustee shall credit all income from such investment to the Trust Fund to be used for the purposes of the Trust Fund.
Commingling, Exchange and Investment of the Contributions. 3.1. The Contribution funds in the Trust Fund shall be accounted for as a single trust fund and shall be kept separate and apart from the funds of the IBRD. The Contribution funds shall be held in the United States Dollars. The Contribution funds may be commingled with other trust fund assets maintained by the IBRD.
3.2. The Contribution funds may be freely exchanged by the Trustee into other currencies as may facilitate their administration and disbursement of funds.
3.3. The Trustee shall invest and reinvest the Contribution funds pending their disbursement in accordance with the Trustee’s policies and procedures for the investment of trust funds administered by the Trustee. The Trustee shall credit all income from such investment to the Trust Fund to be used for the same purposes as the Contribution funds.
Commingling, Exchange and Investment of the Contributions. 2.1. The Contribution funds will be accounted for as a single trust fund and will be kept separate and apart from the funds of XXX. The Contribution funds may be commingled with other trust fund assets maintained by XXX.
2.2. The Contribution funds may be freely exchanged by XXX into other currencies as may facilitate their disbursement.
2.3. XXX will invest and reinvest the Contribution funds pending their disbursement in accordance with XXX’s policies and procedures for the investment of trust funds administered by XXX. XXX will credit all income from such investment to the trust fund established under this Arrangement to be used for the same purposes as the Contribution funds.
Commingling, Exchange and Investment of the Contributions. 4.1. The Contribution funds in the Trust Fund shall be accounted for as a single trust fund and shall be kept separate and apart from the funds of IBRD. The Contribution funds may be commingled with other trust fund assets maintained by IBRD.
4.2. The Contribution funds may be freely exchanged by the Trustee into other currencies as may facilitate their transfer.
4.3. The Contributor agrees to pay its Contribution in the currency stated in its respective Contribution Agreement or in the Holding Currency. In the event that Contributions are received in a currency other than the Holding Currency, promptly upon the receipt of such amounts, the Trustee shall convert such amounts into the Holding Currency at the exchange rate obtained by the Trustee on the date of the conversion. Where Contributions prove to be insufficient to complete Activities as a result of an exchange rate fluctuation, neither the Trustee nor the Contributor shall bear any responsibility for providing any additional financing.
4.4. The Trustee shall invest the Trust Fund funds, including the Contributions, pending their transfer, in accordance with the Trustee’s policies and procedures for the investment of trust funds administered by the Trustee. The Trustee shall credit all income from such investment to the Trust Fund to be used for the purposes of the Trust Fund.
Commingling, Exchange and Investment of the Contributions. 2.1 The Contributions shall be accounted for as a single trust fund and shall be kept separate and apart from the funds of the Bank. The Contributions funds may be commingled with other trust fund assets maintained by the Bank.
2.2 The Contributions may be freely exchanged by the Bank into other currencies as may facilitate their disbursement.
2.3 The Bank shall invest and reinvest the Contributions pending their disbursement in accordance with the Bank’s policies and procedures for the investment of trust funds administered by the Bank. The Bank shall credit all income from such investment to the GGFR Trust Fund to be used for the same purposes as the Contributions.
Commingling, Exchange and Investment of the Contributions. 2.1. The Contribution funds shall be accounted for as a single trust fund and shall be kept separate and apart from the funds of the IBRD.
2.2. Donors may state their preference for the use of the Contribution funds and such preference will be taken into account in the planning and implementation of the Activities. However, the Contribution funds may not be earmarked for one or more specific categories of expenditures and will instead be allocated by the Administrator in such a manner as it deems most appropriate.
2.3. The Contribution funds shall be kept in United States Dollars but may be freely exchanged by the IBRD into other currencies as may facilitate their disbursement.
2.4. The IBRD shall invest and reinvest the Contribution funds pending their disbursement in accordance with the IBRD’s policies and procedures for the investment of trust funds administered by the IBRD. The IBRD shall credit all income from such investment to the trust fund established under this Agreement to be used for the same purposes as the Contribution funds.
