Common use of Counterpart Funds Clause in Contracts

Counterpart Funds. The Borrower shall ensure that the Counterpart Funds shall be used, first, to support the adjustment cost for reforms to be initiated and implemented under the Program, and, second, to finance expenditures for the general development purposes of the Borrower.

Appears in 3 contracts

Samples: Loan Agreement, Loan Agreement, Loan Agreement

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Counterpart Funds. The Borrower shall ensure that the Counterpart Funds shall be used, first, used to support meet the adjustment cost for reforms Program expenditures and associated costs of reform and to be initiated help maintain the current levels of social and implemented under the Program, and, second, to finance expenditures for the general development purposes of the Borrowerinfrastructure expenditures.

Appears in 1 contract

Samples: Loan Agreement

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Counterpart Funds. The Borrower shall ensure that the Counterpart Funds shall be used, first, used to support meet the adjustment cost for reforms Program expenditures and to be initiated help maintain the current levels of social and implemented under the Program, and, second, to finance expenditures for the general development purposes of the Borrowerfinancial expenditures.

Appears in 1 contract

Samples: Loan Agreement

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