Common use of Counterpart Financing Clause in Contracts

Counterpart Financing. The Borrower shall ensure that (a) all counterpart financing necessary for the Project is allocated and released in time to enable timely completion of the Project activities; and (b) additional counterpart funds are promptly provided for any shortfall of funds or cost overruns.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement

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Counterpart Financing. The Borrower shall ensure that (a) all adequate counterpart financing necessary for funds required during the Project is allocated and released in time implementation period are provided on a timely basis to enable timely completion the relevant agencies of the Project activitiesBorrower; (b) annual budgetary appropriation requests are submitted in a timely manner; and (bc) additional counterpart appropriated funds are disbursed promptly provided when needed for any shortfall the purposes of funds or cost overrunsProject implementation.

Appears in 1 contract

Samples: Loan Agreement

Counterpart Financing. The Borrower shall ensure that (a) all throughout the implementation of the Project, adequate budgetary allocations of the required counterpart financing necessary for the Project is allocated funds are made, approved, and released in time a timely manner in order to enable timely completion ensure the proper implementation of the Project activities; and (b) additional counterpart funds are promptly provided for any shortfall of funds or cost overrunsProject.

Appears in 1 contract

Samples: Loan Agreement

Counterpart Financing. The Borrower shall ensure that (a) all counterpart financing necessary for the Project is allocated and released in time to enable timely completion of the Project activities; and (b) additional counterpart funds are promptly provided for any shortfall of funds or cost overruns.

Appears in 1 contract

Samples: Loan Agreement

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Counterpart Financing. 5. The Borrower shall ensure that (a) all throughout the implementation of the Project, adequate budgetary allocations of the required counterpart financing necessary for the Project is allocated funds are made, approved and released in time to enable a timely completion manner, and ensure proper implementation of the Project activities; and (b) additional counterpart funds are promptly provided for any shortfall of funds or cost overrunsProject.

Appears in 1 contract

Samples: Loan Agreement

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