Common use of Compact CDF Clause in Contracts

Compact CDF. (a) Upon the signing of this Compact, MCC will grant to the Government, under the terms of this Compact and in addition to the Program Funding described in Section 2.1, an amount not to exceed Forty Million Five Hundred Thousand United States Dollars (US$40,500,000) (“Compact CDF”) under Section 609(g) of the Millennium Challenge Act of 2003, as amended (the “MCA Act”), for use by the Government to facilitate implementation of this Compact, including for the following purposes: (i) financial management and procurement activities; (ii) administrative activities (including start-up costs such as staff salaries) and administrative support expenses such as rent, computers, and other information technology or capital equipment; (iii) monitoring and evaluation activities; (iv) feasibility, design, and other project preparatory studies and activities; and (v) other activities to facilitate Compact implementation as approved by MCC. The allocation of Compact CDF is generally described in Annex II. (b) In accordance with Section 7.5, this Section 2.2 and other provisions of this Compact applicable to Compact CDF will be effective, for purposes of Compact CDF only, as of the date this Compact is signed by MCC and the Government. (c) Each Disbursement of Compact CDF is subject to satisfaction of the conditions precedent to such disbursement as set forth in Annex IV. (d) If MCC determines that the full amount of Compact CDF available under Section 2.2(a) exceeds the amount that reasonably can be utilized for the purposes set forth in Section 2.2(a), MCC, by written notice to the Government, may withdraw the excess amount, thereby reducing the amount of the Compact CDF available under Section 2.2(a) (such excess, the “Excess Compact CDF Amount”). In such event, the amount of Compact CDF granted to the Government under Section 2.2(a) will be reduced by the Excess Compact CDF Amount, and MCC will have no further obligations with respect to such Excess Compact CDF Amount. (e) MCC, at its option by written notice to the Government, may elect to grant to the Government an amount equal to all or a portion of such Excess Compact CDF Amount as an increase in the Program Funding, and such additional Program Funding will be subject to the terms and conditions of this Compact applicable to Program Funding.

Compact CDF. (a) Upon the signing of this Compact, MCC will grant to the Government, under the terms of this Compact and in addition to the Program Funding described in Section 2.1, an amount not to exceed Forty Million Five Hundred Thousand United States Dollars (US$40,500,000) (“Compact CDF”) under Section 609(g) of the Millennium Challenge Act of 2003, as amended (the “MCA Act”), for use by the Government to facilitate implementation of this Compact, including for the following purposes: (i) financial management and procurement activities; (ii) administrative activities (including start-up costs such as staff salaries) and administrative support expenses such as rent, computers, and other information technology or capital equipment; (iii) monitoring and evaluation activities; (iv) feasibility, design, and other project preparatory studies and activities; and (v) other activities to facilitate Compact implementation as approved by MCC. The allocation of Compact CDF is generally described in Annex II. (b) In accordance with Section 7.5, this Section 2.2 and other provisions of this Compact applicable to Compact CDF will be effective, for purposes of Compact CDF only, as of the date this Compact is signed by MCC and the Government. (c) Each Disbursement of Compact CDF is subject to satisfaction of the conditions precedent to such disbursement as set forth in Annex IVXxxxx XX. (d) If MCC determines that the full amount of Compact CDF available under Section 2.2(a) exceeds the amount that reasonably can be utilized for the purposes set forth in Section 2.2(a), MCC, by written notice to the Government, may withdraw the excess amount, thereby reducing the amount of the Compact CDF available under Section 2.2(a) (such excess, the “Excess Compact CDF Amount”). In such event, the amount of Compact CDF granted to the Government under Section 2.2(a) will be reduced by the Excess Compact CDF Amount, and MCC will have no further obligations with respect to such Excess Compact CDF Amount. (e) MCC, at its option by written notice to the Government, may elect to grant to the Government an amount equal to all or a portion of such Excess Compact CDF Amount as an increase in the Program Funding, and such additional Program Funding will be subject to the terms and conditions of this Compact applicable to Program Funding.

Compact CDF. (a) Upon the signing of this Compact, MCC will shall grant to the Government, under the terms of this Compact and in addition to the Program Funding described in Section 2.1, an amount not to exceed Forty Thirty-Seven Million Five Eight Hundred Thousand United States Dollars (US$40,500,00037,800,000) (“Compact CDF”) under Section 609(g) of the Millennium Challenge Act of 2003, as amended (the “MCA Act”), for use by the Government to facilitate implementation of this Compact, including for the following purposes: (i) financial management and procurement activities; (ii) administrative activities (including start-up costs such as staff salaries) and administrative support expenses such as rent, computers, computers and other information technology or capital equipment; (iii) monitoring and evaluation activities; (iv) feasibility, design, design and other project preparatory studies and activitiesstudies; and (v) other activities to facilitate Compact implementation as approved by MCC. The allocation of Compact CDF is generally described in Annex II. (b) In accordance with Section 7.5, this Section 2.2 and other provisions of this Compact applicable to Compact CDF will shall be effective, for purposes of Compact CDF only, as of the date this Compact is signed by MCC and the Government. (c) Each Disbursement of Compact CDF is subject to satisfaction of the conditions precedent to such disbursement as set forth in Annex IVXxxxx XX. (d) If MCC determines that the full amount of Compact CDF available under Section 2.2(a) exceeds the amount that reasonably can be utilized for the purposes set forth in Section 2.2(a), MCC, by written notice to the Government, may withdraw the excess amount, thereby reducing the amount of the Compact CDF available under Section 2.2(a) (such excess, the “Excess Compact CDF Amount”). In such event, the amount of Compact CDF granted to the Government under Section 2.2(a) will shall be reduced by the Excess Compact CDF Amount, and MCC will shall have no further obligations with respect to such Excess Compact CDF Amount. (e) MCC, at its option by written notice to the Government, may elect to grant to the Government an amount equal to all or a portion of such Excess Compact CDF Amount as an increase in the Program Funding, and such additional Program Funding will shall be subject to the terms and conditions of this Compact applicable to Program Funding.

Compact CDF. (a) Upon the signing of this Compact, MCC will agrees to grant to the Government, under the terms of this Compact and in addition to the Program Funding described in Section 2.1, an amount not to exceed Forty Twenty-Eight Million Five Hundred Sixty Thousand United States Dollars (US$40,500,00028,060,000) (“Compact CDF”) under Section 609(g) of the Millennium Challenge Act of 2003, as amended (the “MCA Act”), for use by the Government to facilitate implementation of this Compact, including for the following purposes: (i) financial management and procurement activities; (ii) administrative activities (including start-up costs such as staff salaries) and administrative support expenses such as rent, computers, and other information technology or capital equipment; (iii) monitoring and evaluation activities; (iv) feasibility, design, and other project preparatory studies and activitiesstudies; and (v) other activities to facilitate Compact implementation as approved by MCC. The allocation of Compact CDF is generally described in Annex II. (b) In accordance with Section 7.5, this Section 2.2 and other provisions of this Compact applicable to Compact CDF will be effective, for purposes of Compact CDF only, as of the date this Compact is signed by MCC and the Government. (c) Each Disbursement of Compact CDF is subject to satisfaction of the conditions precedent to such disbursement as set forth in Annex IV. (dc) If MCC determines that the full amount of Compact CDF available under Section 2.2(a) exceeds the amount that reasonably can be utilized for the purposes set forth in Section 2.2(a), MCC, by written notice to the Government, may withdraw the excess amount, thereby reducing the amount of the Compact CDF available under Section 2.2(a) (such excess, the “Excess Compact CDF Amount”). In ; following such eventnotice, the amount of Compact CDF granted to the Government under Section 2.2(a) will shall be reduced by the Excess Compact CDF Amount, and MCC will shall have no further obligations with respect to such Excess Compact CDF Amount. (e) MCC, at its option by written notice to the Government, may elect to grant to the Government an amount equal to all or a portion of such Excess Compact CDF Amount as an increase in the Program Funding, and such additional Program Funding will be subject to the terms and conditions of this Compact applicable to Program Funding.