Common use of EFFECTIVENESS; TERMINATION Clause in Contracts

EFFECTIVENESS; TERMINATION. 5.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below have been satisfied: (a) The execution and delivery of this GEF Grant Agreement on behalf of the Recipient has been duly authorized or ratified by all necessary governmental action. (b) The Project Implementation Manual, satisfactory to the World Bank, has been adopted by the Recipient. (c) The Albania GEF Agreement has been executed and delivered and all conditions precedent to its effectiveness, except only the effectiveness of this GEF Agreement between Montenegro and the World Bank, have been fulfilled. (d) The MOU, satisfactory to the World Bank, has been executed and is legally binding upon the parties in accordance with its terms. 5.02. As part of the evidence to be furnished pursuant to Section 5.01 (a), there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member Country, showing on behalf of the Recipient, that this Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms 5.03. Except as the Recipient and the World Bank shall otherwise agree, this Agreement shall enter into effect on the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.01. 5.01 This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below have been satisfiedsatisfied in a manner and in form and substance satisfactory to the World Bank: (a) The execution and delivery of this GEF Grant Agreement on behalf of the Recipient has have been duly authorized or ratified by all necessary governmental and corporate action. (b) The Project Implementation Manual, satisfactory Subsidiary Agreement referred to the World Bank, has been adopted by the Recipient. (c) The Albania GEF in Section I.A of Schedule 2 to this Agreement has been executed and delivered and all conditions precedent to its effectiveness, except only on behalf of the effectiveness of this GEF Agreement between Montenegro Recipient and the World Bank, have been fulfilled. (d) The MOU, satisfactory to the World Bank, has been executed and is legally binding upon the parties in accordance with its termsPalestinian Authority. 5.02. As part of the evidence to be furnished pursuant to Section 5.01 (a)5.01, there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member CountryRecipient, showing the following matters: (a) on behalf of the Recipient, that this Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms; and (b) the Subsidiary Agreement referred to in Section I.A of Schedule 2 to this Agreement has been duly authorized or ratified by the Recipient and the Palestinian Authority and is legally binding upon each such party in accordance with its terms. 5.03. Except as the Recipient and the World Bank shall otherwise agree, this Agreement shall enter into effect on the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below have been satisfied:. (a) The execution and delivery of this GEF Grant Agreement on behalf of the Recipient has have been duly authorized or ratified by all necessary governmental action. (b) The Project Implementation Manual, satisfactory Agreement referred to the World Bank, has been adopted by the Recipient. (c) The Albania GEF in paragraph 2 of Section I.A of Schedule 2 to this Agreement has been executed and delivered and all conditions precedent to its effectiveness, except only on behalf of the effectiveness of this GEF Agreement between Montenegro Recipient and the World Bank, have been fulfilled. (d) The MOU, satisfactory to the World Bank, has been executed and is legally binding upon the parties in accordance with its termsRPMU. 5.02. As part of the evidence to be furnished pursuant to Section 5.01 (a), there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if showing the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member Country, showing following matters: (a) on behalf of the Recipient, that this Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms; and (b) the Project Implementation Agreement has been duly authorized by the Recipient and the RPMU and is legally binding upon each such party in accordance with its terms. 5.03. Except as the Recipient and the World Bank shall otherwise agree, this Agreement shall enter into effect on the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) 90 days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below have been satisfied: (a) The the execution and delivery of this GEF Grant Agreement on behalf of the Recipient has have been duly authorized or ratified by all necessary governmental and corporate action.; and (b) The the XXX Financing Agreement, the Project Implementation Manual, satisfactory to Agreements and the World Bank, has been adopted by the Recipient. (c) The Albania GEF Agreement has Subsidiary Agreements have been executed and delivered and all conditions precedent to its effectiveness, except only their effectiveness or to the right of the Recipient to make withdrawals under the XXX Financing Agreement (other than the effectiveness of this GEF Agreement between Montenegro and the World Bank, Agreement) have been fulfilled. (d) The MOU, satisfactory to the World Bank, has been executed and is legally binding upon the parties in accordance with its terms. 5.02. As part of the evidence to be furnished pursuant to Section 5.01 (a), there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member CountryRecipient, showing showing, on behalf of the Recipient, that this Agreement has Agreement, the XXX Financing Agreement, the Project Agreements and the Subsidiary Agreements have been duly authorized or ratified by, and executed and delivered on its behalf and is are legally binding upon it in accordance with its their respective terms. 5.03. Except as the Recipient and the World Bank shall otherwise agree, the Effective Date on which this Agreement shall enter into effect on shall be the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 (“Effective Date”)5.01. If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) 120 days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below below, and in Section 5.02 of this Agreement, have been satisfied: (a) The the execution and delivery of this GEF Grant Agreement on behalf of the Recipient has Recipient, through SENER, have been duly authorized or ratified by all necessary governmental and corporate action.; (b) The Project Implementation Manualthe SENER-NAFIN Financing Agreement has been signed on behalf of the Recipient, satisfactory through SENER and NAFIN, acting as trustee of the Guarantee Facility; (c) the Recipient, through SENER and NAFIN, acting as trustee of the Guarantee Facility, has adopted the Guarantee Facility Operational Rules in form and substance acceptable to the World Bank, has been adopted by the Recipient.; (cd) The Albania GEF the IBRD Loan Agreement has been executed and delivered and all conditions precedent to its effectiveness, except only effectiveness (other than the effectiveness of this GEF Agreement between Montenegro and the World Bank, Agreement) have been fulfilled.; and (de) The MOU, satisfactory to the World Bank, Contrato de Apoyo Financiero No Reembolsable has been duly executed and is legally binding upon by the parties in accordance with its termsthereto. 5.02. As part of the evidence to be furnished pursuant to Section 5.01 (a)of this Agreement, there shall be furnished to the World Bank Bank: (a) an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank orshowing, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member Country, showing on behalf of the Recipient, through SENER, and of NAFIN, that this Agreement has been duly authorized by, and executed and delivered on their behalf and is legally binding upon them in accordance with its terms; and (b) the following is specified as an Additional Legal Matter, to be included in the opinion or opinions to be furnished to the World Bank, namely, that the Recipient, through SENER, (in its legal opinion) and NAFIN (in a separate legal opinion satisfactory to the World Bank, issued by NAFIN’s counsel acceptable to the World Bank), indicate that the Contrato de Apoyo Financiero No Reembolsable has been duly authorized or ratified by, and executed and delivered on its behalf of, the Recipient, through SENER, and NAFIN and is legally binding upon it the Recipient, through SENER, and NAFIN in accordance with its the Contrato de Apoyo Financiero No Reembolsable’s terms. 5.03. Except as the Recipient and the World Bank shall otherwise agree, this Agreement shall enter into effect on the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 of this Agreement (“the Effective Date”). If, If before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone postpone, after consultation with the Recipient, the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section, which may in no case be later than the eighteen (18) months after the World Bank’s approval of the Grant which expire on May 23, 2010. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.014.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions condition specified below have has been satisfied: (a) The execution and delivery , namely that the Subsidiary Agreement referred to in Section I.A of Schedule 2 to this GEF Grant Agreement has been executed on behalf of the Recipient has been duly authorized or ratified and the Palestinian Authority, as represented by all necessary governmental actionthe Minister of Finance of the Palestinian Authority. (b) The Project Implementation Manual, satisfactory to the World Bank, has been adopted by the Recipient. (c) The Albania GEF Agreement has been executed and delivered and all conditions precedent to its effectiveness, except only the effectiveness of this GEF Agreement between Montenegro and the World Bank, have been fulfilled. (d) The MOU, satisfactory to the World Bank, has been executed and is legally binding upon the parties in accordance with its terms. 5.024.02. As part of the evidence to be furnished pursuant to Section 5.01 (a)4.01, there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member CountryRecipient, showing the following matters: (a) on behalf of the Recipient, that this Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms; and 5.03(b) the Subsidiary Agreement referred to in Section I.A of Schedule 2 to this Agreement has been duly authorized or ratified by the Recipient and the Palestinian Authority and is legally binding upon each such party in accordance with its terms. 4.03. Except as the Recipient and the World Bank shall otherwise agree, this Agreement shall enter into effect on the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 4.01 (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.044.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below have been satisfied: (a) The the execution and delivery of this GEF Grant Agreement on behalf of the Recipient has have been duly authorized or ratified by all necessary governmental action.; (b) The Project Implementation Manualthe SEDTF Grant Agreement, satisfactory to the World Bankof even date herewith, has been adopted by the Recipient. (c) The Albania GEF Agreement has been executed and delivered delivered, and all conditions precedent to its effectiveness, except only effectiveness or to the right of the Recipient to make withdrawals under it (other than the effectiveness of this GEF Agreement between Montenegro and the World Bank, Agreement) have been fulfilled.; and (dc) The MOU, satisfactory to the World BankBank is satisfied with the progress achieved by the Recipient in carrying out the Program, has been executed and that the Recipient’s macroeconomic policy framework is legally binding upon the parties in accordance with its termsappropriate. 5.02. As part of the evidence to be furnished pursuant to Section 5.01 (a), there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member Country, showing the following matters: on behalf of the Recipient, that this Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms. 5.03. Except as the Recipient and the World Bank shall otherwise agree, this Agreement shall enter into effect on the date upon which the World Bank dispatches to the Recipient notice of its acceptance of that the evidence required pursuant to conditions under Section 5.01 have been met (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.014.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below have been satisfied: (a) The execution and delivery of this GEF Grant Agreement on behalf of the Recipient has have been duly authorized or ratified by all necessary governmental action. (b) The Project Implementation Manual, satisfactory to the World Bank, Management Agency Agreement has been adopted executed on behalf of the Recipient and a management agent selected by the RecipientRecipient in conformity with the provisions of paragraph B.4 of Section I of Schedule 2 to this Agreement. (c) The Albania GEF Agreement financing agreement of even date herewith, between the Recipient and the World Bank, providing a grant in support of the Project (“Financing Agreement”), has been executed and delivered and all conditions precedent to its effectiveness, except only effectiveness or to the right of the Recipient to make withdrawals under it (other than the effectiveness of this GEF Agreement between Montenegro and the World Bank, Agreement) have been fulfilled. (d) The MOU, satisfactory to the World Bank, has been executed and is legally binding upon the parties in accordance with its terms. 5.024.02. As part of the evidence to be furnished pursuant to Section 5.01 (a)4.01 of this Agreement, there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member Country, showing the following matters, namely, that, on behalf of the Recipient, that this Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms. 5.034.03. Except as the Recipient and the World Bank shall otherwise agree, this Agreement shall enter into effect on the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 4.01 of this Agreement (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.014.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the following conditions specified below have been satisfied:. (a) The execution and delivery of this GEF Grant Agreement on behalf of the Recipient has have been duly authorized or ratified by all necessary governmental action. (b) The Project Implementation ManualManual of Administrative, Financial and Accounting Procedures has been updated in form and substance satisfactory to the World Bank, has been adopted by Bank for the Recipientneeds of the Project. (c) The Albania GEF Agreement has been executed and delivered and all conditions precedent to its effectiveness, except only the effectiveness of this GEF Agreement between Montenegro and the World Bank, have been fulfilled. (d) The MOU, satisfactory to the World Bank, has been executed and is legally binding upon the parties in accordance with its terms. 5.024.02. As part of the evidence to be furnished pursuant to Section 5.01 (a)4.01, there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member CountryRecipient, showing on behalf of the Recipient, that this Agreement has been duly authorized or ratified byby it, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms. 5.034.03. Except as the Recipient and the World Bank shall otherwise agree, this Agreement shall enter into effect on the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 4.01 (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.044.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below have been satisfied: (a) The execution and delivery of this GEF Grant Agreement on behalf of the Recipient has have been duly authorized or ratified by all necessary governmental or corporate action. (b) The Project Implementation Manual, satisfactory to the World Bank, has been adopted by the Recipient. (c) The Albania GEF Agreement has been executed and delivered and all All conditions precedent to its effectiveness, except only the effectiveness of this GEF the Nigeria Financing Agreement between Montenegro and the World Bank, have been fulfilled. (dc) The MOU, satisfactory All conditions precedent to the World Bankeffectiveness of the CORAF Grant Agreement have been fulfilled, has been executed and is legally binding upon other than those related to the parties in accordance with its termseffectiveness of this Agreement. 5.02. As part of the evidence to be furnished pursuant to Section 5.01 (a), there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member CountryRecipient, showing showing, on behalf of the Recipient, that this Agreement has been duly authorized or ratified by, and executed and delivered on its behalf behalf, and is legally binding upon it in accordance with its terms. 5.03. Except as the Recipient and the World Bank shall otherwise agree, this Agreement shall enter into effect on the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below have been satisfied: (a) The the execution and delivery of this GEF Grant Agreement on behalf of the Recipient has have been duly authorized or ratified by all necessary governmental and corporate action.; (b) The Project Implementation Manual, satisfactory to the World Bank, has been adopted by the Recipient. (c) The Albania GEF SIDBI Grant Agreement has been executed and delivered and all conditions precedent to its effectiveness, except only effectiveness or to the right of the Recipient to make withdrawals under it (other than the effectiveness of this GEF Agreement between Montenegro and the World Bank, Agreement) have been fulfilled. (d) The MOU, satisfactory to the World Bank, has been executed and is legally binding upon the parties in accordance with its terms. 5.02. As part of the evidence to be furnished pursuant to Section 5.01 (a5.01(a), there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member CountryRecipient, showing the following matters, on behalf of the Recipient, namely that this Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms. 5.03. Except as the Recipient and the World Bank shall otherwise agree, this Agreement shall enter into effect on the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.014.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below have been satisfied: (a) The the execution and delivery of this GEF Grant Agreement on behalf of the Recipient has been duly authorized or ratified by all necessary governmental and corporate action.; and (b) The Project Implementation Manual, satisfactory to the World Bank, Recipient has been adopted by the Recipient. (c) The Albania GEF Agreement has been executed and delivered and all conditions precedent to its effectiveness, except only the effectiveness of this GEF Agreement between Montenegro and the World Bank, have been fulfilled. (d) The MOU, satisfactory to the World Bank, has been executed and is legally binding upon the parties Operational Manual in accordance with its termsSection I.B.1(a) of Schedule 2 to this Agreement. 5.024.02. As part of the evidence to be furnished pursuant to Section 5.01 (a4.01(a), there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member CountryRecipient, showing showing, on behalf of the Recipient, that this Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms. 5.034.03. Except as the Recipient and the World Bank shall otherwise agree, the effective date on which this Agreement shall enter into effect on shall be the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 4.01 (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.044.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) 90 days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below below, and in Section 5.02 of this Agreement, have been satisfied: (a) The the execution and delivery of this GEF Grant Agreement on behalf of the Recipient has have been duly authorized or ratified by all necessary governmental and corporate action.; (b) The Project Implementation Manual, satisfactory to the World Bank, CAI-ANTP Cooperation Agreement has been adopted executed by the Recipient.parties thereto; (c) The Albania GEF Agreement the Recipient has been executed and delivered and all conditions precedent hired a procurement specialist, according to its effectiveness, except only the effectiveness terms of this GEF Agreement between Montenegro and reference included in the World Bank, have been fulfilledOperational Manual. (d) The MOU, satisfactory to the World Bank, at least one Participation Agreement has been executed and is legally binding upon by the parties in accordance with its termsthereto; and (e) the Recipient has adopted the Operational Manual. 5.02. As part of the evidence to be furnished pursuant to Section 5.01 (a)of this Agreement, there shall be furnished to the World Bank Bank: (a) an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank orshowing, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member Country, showing on behalf of the Recipient, that this Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it the Recipient in accordance with its terms; and 5.03. Except as the Recipient and (b) an opinion or opinions satisfactory to the World Bank shall otherwise agreeof counsel for the Recipient, this Agreement shall enter into effect on and for the date upon which the World Bank dispatches corresponding Selected Agency , acceptable to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) days after the date of this Agreement, unless the World Bank, after consideration providing that the pertinent Participation Agreement entered into in satisfaction of the reasons for the delay, establishes a later date for the purpose condition set forth in Section 5.01 (d) of this Section. The World Bank shall promptly notify Agreement has been duly authorized or ratified by ANTP and the corresponding Selected Agency and said Participation Agreement is legally binding upon the Recipient of such later dateand said Selected Agency in accordance with its terms.

EFFECTIVENESS; TERMINATION. 5.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below have been satisfiedsatisfied in a manner and in form and substance satisfactory to the World Bank: (a) The execution and delivery of this GEF Grant Agreement on behalf of the Recipient has have been duly authorized or ratified by all necessary governmental and corporate action. (b) The Project Implementation Manual, satisfactory Subsidiary Agreement referred to the World Bank, has been adopted by the Recipient. (c) The Albania GEF in Section I.A.1 of Schedule 2 to this Agreement has been executed and delivered and all conditions precedent to its effectiveness, except only on behalf of the effectiveness of this GEF Agreement between Montenegro Recipient and the World Bank, have been fulfilled. (d) The MOU, satisfactory to the World Bank, has been executed and is legally binding upon the parties in accordance with its termsPalestinian Authority. 5.02. As part of the evidence to be furnished pursuant to Section 5.01 (a)5.01, there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member CountryRecipient, showing the following matters: (a) on behalf of the Recipient, that this Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms; and (b) the Subsidiary Agreement referred to in Section I.A of Schedule 2 to this Agreement has been duly authorized or ratified by the Recipient and the Palestinian Authority and is legally binding upon each such party in accordance with its terms; and 5.03. Except as the Recipient and the World Bank shall otherwise agree, this Agreement shall enter into effect on the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below have been satisfied: (a) The execution and delivery of this GEF Grant Agreement on behalf of the Recipient has been duly authorized or ratified by all necessary governmental action. (b) The Project Implementation Manual, satisfactory to the World Bank, has been adopted by the Recipient. (c) The Albania Montenegro GEF Agreement has been executed and delivered and all conditions precedent to its effectiveness, except only the effectiveness of this GEF Agreement between Montenegro Albania and the World Bank, have been fulfilled. (d) The MOU, satisfactory to the World Bank, has been executed and is legally binding upon the parties in accordance with its terms. 5.02. As part of the evidence to be furnished pursuant to Section 5.01 (a), there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member Country, showing on behalf of the Recipient, that this Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms 5.03. Except as the Recipient and the World Bank shall otherwise agree, this Agreement shall enter into effect on the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.014.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below have been satisfied: (a) The : the execution and delivery of this GEF Grant Agreement on behalf of the Recipient has been duly authorized or ratified by all necessary governmental and corporate action. (b) The Project Implementation Manual, satisfactory to ; and the World Bank, has been adopted by the Recipient. (c) The Albania GEF Financing Agreement has been executed and delivered and all conditions precedent to its effectiveness, except only effectiveness or to the right of the Recipient to make withdrawals under it (other than the effectiveness of this GEF Agreement between Montenegro and the World Bank, Agreement) have been fulfilled. (d) The MOU, satisfactory to the World Bank, has been executed and is legally binding upon the parties in accordance with its terms. 5.024.02. As part of the evidence to be furnished pursuant to Section 5.01 (a4.01(a), there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member CountryRecipient, showing showing, on behalf of the Recipient, that this Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms. 5.034.03. Except as the Recipient and the World Bank shall otherwise agree, the date on which this Agreement shall enter into effect on (“Effective Date”) shall be the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 (“Effective Date”)4.01. If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.044.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) 120 days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below have been satisfied:. (a) The execution and delivery of this GEF Grant Agreement on behalf of the Recipient has been duly authorized or ratified by all necessary governmental actionestablished a Joint Steering Committee in accordance with Section I.A of Schedule 2 to this Agreement. (b) The Project Implementation Manual, satisfactory to the World Bank, has been adopted by the Recipient. (c) The Albania GEF Zambia Grant Agreement has been executed and delivered and all conditions precedent to its effectiveness, except only effectiveness or to the right of Zambia to make withdrawals under it (other than the effectiveness of this GEF Agreement between Montenegro and the World Bank, Agreement) have been fulfilled. (c) The Recipient has adopted the Project Implementing Manual referred to in Section I.E of Schedule 2 to this Agreement. (d) The MOURecipient has assigned the financial management staff for the Project, with qualifications, experience and terms of reference satisfactory to the World Bank, has been executed and is legally binding upon the parties in accordance with its terms. 5.02. As part of the evidence to be furnished pursuant to Section 5.01 (a), there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member Country, Recipient showing on behalf of the Recipient, that this Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms. 5.03. Except as the Recipient and the World Bank shall otherwise agree, this Agreement shall enter into effect on the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 of this Agreement (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.014.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below have been satisfied: (a) The the execution and delivery of this GEF Grant Agreement on behalf of the Recipient has been duly authorized or ratified by all necessary governmental and corporate action.; and (b) The Project Implementation Manual, satisfactory to the World Bank, has been adopted by the Recipient. (c) The Albania GEF Financing Agreement has been executed and delivered and all conditions precedent to its effectiveness, except only effectiveness or to the right of the Recipient to make withdrawals under it (other than the effectiveness of this GEF Agreement between Montenegro and the World Bank, Agreement) have been fulfilled. (d) The MOU, satisfactory to the World Bank, has been executed and is legally binding upon the parties in accordance with its terms. 5.024.02. As part of the evidence to be furnished pursuant to Section 5.01 (a4.01(a), there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member CountryRecipient, showing showing, on behalf of the Recipient, that this Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms. 5.034.03. Except as the Recipient and the World Bank shall otherwise agree, the date on which this Agreement shall enter into effect on (“Effective Date”) shall be the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 (“Effective Date”)4.01. If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.044.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) 120 days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.014.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below have been satisfied: (a) The the execution and delivery of this GEF Grant Agreement on behalf of the Recipient has have been duly authorized or ratified by all necessary governmental and corporate action.; and (b) The Project Implementation Manual, satisfactory to the World Bank, has been adopted by the Recipient. (c) The Albania GEF XXX Financing Agreement has been executed and delivered and all conditions precedent to its effectiveness, except only effectiveness or to the right of the Recipient to make withdrawals under it (other than the effectiveness of this GEF Agreement between Montenegro and the World Bank, Agreement) have been fulfilled. (d) The MOU, satisfactory to the World Bank, has been executed and is legally binding upon the parties in accordance with its terms. 5.024.02. As part of the evidence to be furnished pursuant to Section 5.01 4.01 (a)) of this Agreement, there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member CountryRecipient, showing showing, on behalf of the Recipient, that this Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms. 5.034.03. Except as the Recipient and the World Bank shall otherwise agree, this Agreement shall enter into effect on the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 4.01 of this Agreement (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.044.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below have been satisfied:. (a) The execution and delivery of this GEF Grant Agreement on behalf of the Recipient has have been duly authorized or ratified by all necessary governmental action. (b) The Project Implementation Operational Manual, satisfactory to the World Bank, has been adopted furnished by the RecipientRecipient to the World Bank. (c) The Albania Kazakhstan GEF Agreement has been executed and delivered and all conditions precedent to its effectiveness, except only the effectiveness of this GEF Agreement between Montenegro the Recipient and the World Bank, have been fulfilled. (d) The MOU, satisfactory to the World Bank, has been executed and is legally binding upon the parties in accordance with its terms. 5.02. As part of the evidence to be furnished pursuant to Section 5.01 (a5.01(a), there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member CountryRecipient, showing that, on behalf of the Recipient, that this Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms. 5.03. Except as the Recipient and the World Bank shall otherwise agree, this Agreement shall enter into effect on the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below have been satisfied: (a) . If the World Bank so requests, the condition of the Recipient, as represented or warranted to the World Bank at the date of this Agreement, has undergone no material adverse change after such date. The execution and delivery of this GEF Grant Agreement on behalf of the Recipient has been duly authorized or ratified by all necessary governmental corporate action. (b) The Project Implementation Manual, satisfactory to the World Bank, has been adopted by the Recipient. (c) The Albania GEF Agreement . Each MOU has been executed and delivered and all conditions precedent to its effectiveness, except only on behalf of the effectiveness of this GEF Agreement between Montenegro Recipient and the World respective National Coordinating Agency. The Communication and Public Awareness Project Agreement has been, simultaneously with this Agreement, declared effective by the Bank, have been fulfilled. (d) The MOU, satisfactory to the World Bank, has been executed and is legally binding upon the parties in accordance with its terms. 5.02. As part of the evidence to be furnished pursuant to Section 5.01 (a)) of this Agreement, there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member CountryRecipient, showing the following matters: on behalf of the Recipient, that this Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms; on behalf of the Recipient and each National Coordinating Agency, that each MOU has been duly authorized or ratified by the Recipient and the respective National Coordinating Agency and is legally binding upon the Recipient and such National Coordinating Agency in accordance with its terms; and on behalf of the Recipient, that the Operational Manual has been duly adopted by the Recipient in accordance with the applicable laws, regulations, and the Recipient’s Organizational Documents. 5.03. Except as the Recipient and the World Bank shall otherwise agree, this Agreement shall enter into effect on the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section Sections 5.01 and 5.02 (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below have been satisfied:. (a) The execution and delivery of this GEF Grant Agreement on behalf of the Recipient has have been duly authorized or ratified by all necessary governmental action. (b) The Project Implementation Manual, satisfactory to the World Bank, has been adopted by the Recipient. (c) The Albania GEF Agreement has Co-financing Agreements have been executed and delivered and all conditions precedent to its effectiveness, except only their effectiveness or to the right of the Recipient to make withdrawals under them (other than the effectiveness of this GEF Agreement between Montenegro and the World Bank, Agreement) have been fulfilled. (dc) The MOU, Project Management Unit has been established by the Recipient in form and substance satisfactory to the World Bank, has been executed and is legally binding upon the parties in accordance with its terms. 5.02. As part of the evidence to be furnished pursuant to Section 5.01 (a5.01(a), there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member Country, showing on behalf of the Recipientfollowing matters, namely that this Agreement has been duly authorized or ratified by, and executed and delivered on its behalf of the Recipient and is legally binding upon it in accordance with its terms. 5.03. Except as the Recipient and the World Bank shall otherwise agree, this Agreement shall enter into effect on the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below have been satisfied:. (a) The execution and delivery of this GEF Grant Agreement on behalf of the Recipient has and the Norwegian Trust Fund Project Agreement on behalf of the Project Implementing Entity have been duly authorized or ratified by all necessary governmental and corporate action. (b) The If the World Bank so requests, the condition of the Project Implementation ManualImplementing Entity, satisfactory as represented or warranted to the World BankBank at the date of this Agreement, has been adopted by the Recipientundergone no material adverse change after such date. (c) The Albania GEF Subsidiary Agreement has been executed and delivered and all conditions precedent to its effectiveness, except only on behalf of the effectiveness of this GEF Agreement between Montenegro Recipient and the World Bank, have been fulfilled. (d) The MOU, satisfactory to the World Bank, has been executed and is legally binding upon the parties in accordance with its termsProject Implementing Entity. 5.02. As part of the evidence to be furnished pursuant to Section 5.01 (a), there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member Country, showing the following matters: (a) on behalf of the Recipient, that this Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms; (b) on behalf of the Project Implementing Entity, that the Norwegian Trust Fund Project Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms; and (c) the Subsidiary Agreement referred to in Section 1 (A) of Schedule 2 to this Agreement has been duly authorized or ratified by the Recipient and the Project Implementing Entity and is legally binding upon each such party in accordance with its terms. 5.03. Except as the Recipient and the World Bank shall otherwise agree, this Agreement shall enter into effect on the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) 90 days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below have been satisfied:. (a) If the World Bank so requests, the condition of the Recipient, as represented or warranted to the World Bank at the date of this Agreement, has undergone no material adverse change after such date. (b) The execution and delivery of this GEF Grant Agreement on behalf of the Recipient has been duly authorized or ratified by all necessary governmental and corporate action. (b) The Project Implementation Manual, satisfactory to the World Bank, has been adopted by the Recipient. (c) The Albania GEF Agreement MOU has been executed and delivered and by all conditions precedent to its effectiveness, except only of the effectiveness of this GEF Agreement between Montenegro and the World Bank, have been fulfilledparties thereto. (d) The MOU, satisfactory to Operational Manual has been approved by the World Bank, has been executed Bank and is legally binding upon adopted by the parties in accordance with its termsRecipient. 5.02. As part of the evidence to be furnished pursuant to Section 5.01 (a)5.01(a) of this Agreement, there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member CountryRecipient, showing the following matters: (a) on behalf of the Recipient, that this Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms; (b) on behalf of the Recipient, that the MOU has been duly authorized or ratified by the Participating Ministries and Agencies and is legally binding upon the Participating Ministries and Agencies in accordance with its terms; and (c) on behalf of the Recipient, that the Operational Manual has been duly adopted by the Recipient in accordance with the applicable laws and regulations of the Recipient. 5.03. Except as the Recipient and the World Bank shall otherwise agree, this Agreement shall enter into effect on the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section Sections 5.01 and 5.02 (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below have been satisfied: (a) The execution and delivery of this GEF Grant Agreement on behalf of the Recipient has have been duly authorized or ratified by all necessary governmental or corporate action. (b) The Project Implementation Manual, satisfactory to Financial Agreement and the World Bank, has Execution Agreement have been adopted by executed on behalf of the RecipientRecipient and FIRCA. (c) The Albania GEF Agreement has been executed and delivered and all All conditions precedent to its effectiveness, except only the effectiveness of this GEF the Côte d’Ivoire Financing Agreement between Montenegro and the World Bank, have been fulfilled. (d) The MOU, satisfactory All conditions precedent to the World Bankeffectiveness of the CORAF Grant Agreement have been fulfilled, has been executed and is legally binding upon other than those related to the parties in accordance with its termseffectiveness of this Agreement. 5.02. As part of the evidence to be furnished pursuant to Section 5.01 (a5.01(a), there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member CountryRecipient, showing the following matters: on behalf of the Recipient, that this Agreement has been duly authorized or ratified by, and executed and delivered on its behalf behalf, and is legally binding upon it in accordance with its terms. that the Financial Agreement and the Execution Agreement have been duly authorized by the Recipient and FIRCA and are legally binding upon the Recipient and FIRCA in accordance with their terms. 5.03. Except as the Recipient and the World Bank shall otherwise agree, this Agreement shall enter into effect on the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below have been satisfied: (a) The the execution and delivery of this GEF Grant Agreement on behalf of the Recipient has have been duly authorized or ratified by all necessary governmental action.; (b) The Project Implementation Manualthe SEDPO Financing Agreement, satisfactory to the World Bankof even date herewith, has been adopted by the Recipient. (c) The Albania GEF Agreement has been executed and delivered delivered, and all conditions precedent to its effectiveness, except only effectiveness or to the right of the Recipient to make withdrawals under it (other than the effectiveness of this GEF Agreement between Montenegro and the World Bank, Agreement) have been fulfilled.; and (dc) The MOU, satisfactory to the World BankBank is satisfied with the progress achieved by the Recipient in carrying out the Program, has been executed and that the Recipient’s macroeconomic policy framework is legally binding upon the parties in accordance with its termsappropriate. 5.02. As part of the evidence to be furnished pursuant to Section 5.01 (a), there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member Country, showing the following matters: on behalf of the Recipient, that this Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms. 5.03. Except as the Recipient and the World Bank shall otherwise agree, this Agreement shall enter into effect on the date upon which the World Bank dispatches to the Recipient notice of its acceptance of that the evidence required pursuant to conditions under Section 5.01 have been met (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below have been satisfied:. (a) The execution and delivery of this GEF Grant Agreement on behalf of the Recipient has been duly authorized or ratified by all necessary governmental and corporate action. (b) The Project Implementation Manual, satisfactory to the World Bank, has been adopted by the Recipient. (c) The Albania GEF XXX Financing Agreement has been executed and delivered and all conditions precedent to its effectiveness, except only effectiveness or to the right of the Recipient to make withdrawals under it (other than the effectiveness of this GEF Agreement between Montenegro and the World Bank, Agreement) have been fulfilled. (d) The MOU, satisfactory to the World Bank, has been executed and is legally binding upon the parties in accordance with its terms. 5.02. As part of the evidence to be furnished pursuant to Section 5.01 (a5.01(a), there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member CountryRecipient, showing showing, on behalf of the Recipient, that this Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms. 5.03. Except as the Recipient and the World Bank shall otherwise agree, the Effective Date on which this Agreement shall enter into effect on shall be the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 (“Effective Date”)5.01. If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) 90 days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below have been satisfied: (a) The execution and delivery of this GEF Grant This Agreement on behalf of the Recipient has been duly authorized or ratified by all necessary governmental actionexecuted and delivered. (b) The Project Implementation Manual, satisfactory to the World Bank, has been adopted by the Recipient. (c) The Albania GEF Agreement has been executed and delivered and all All conditions precedent to its effectivenessthe effectiveness of the Liberia Financing Agreement have been fulfilled, except only other than those related to the effectiveness of this GEF Agreement between Montenegro and the World Bank, have been fulfilled. (d) The MOU, satisfactory to the World Bank, has been executed and is legally binding upon the parties in accordance with its termsAgreement. 5.02. As part of the evidence to be furnished pursuant to Section 5.01 (a5.01(a), there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member CountryRecipient, showing showing, on behalf of the Recipient, that this Agreement has been duly authorized or ratified by, and executed and delivered on its behalf behalf, and is legally binding upon it in accordance with its terms. 5.03. Except as the Recipient and the World Bank shall otherwise agree, this Agreement shall enter into effect on the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below have been satisfied: (a) The execution and delivery of this GEF Grant Agreement on behalf of the Recipient has and the Project Agreement on behalf of the Project Implementing Entity have been duly authorized or ratified by all necessary governmental and corporate action. (b) The Approval by the relevant competent government agency of the Project Implementation ManualImplementing Entity of the final draft of the Feasibility Study Report on River-network Wetland Demonstration Sub-project in Juyuan New Development Area and Waigang Town, both located in Jiading District, satisfactory to the World Bank, has been adopted by the Recipient. (c) The Albania GEF Agreement has been executed and delivered and all conditions precedent to its effectiveness, except only the effectiveness of this GEF Agreement between Montenegro and the World Bank, have been fulfilled. (d) The MOU, satisfactory to the World Bank, has been executed and is legally binding upon the parties in accordance with its terms. 5.02. As part of the evidence to be furnished pursuant to Section 5.01 (a5.01(a), there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member Country, Recipient showing the following matters: (a) on behalf of the Recipient, that this Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms; and (b) on behalf of the Project Implementing Entity, that the Project Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms. 5.03. Except as the Recipient and the World Bank shall otherwise agree, this Agreement shall enter into effect on the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the following conditions specified below have been satisfied: (a) The the execution and delivery of this GEF Grant Agreement on behalf of the Recipient has have been duly authorized or ratified by all necessary governmental internal administrative and corporate action.; (b) The Project Implementation Manual, satisfactory to the World Bank, has been adopted by the Recipient. (c) The Albania GEF OTF Grant Agreement has been executed and delivered delivered, and all conditions precedent to its effectiveness, except only effectiveness or to the right of the Recipient to make withdrawals thereunder (other than the effectiveness of this GEF Agreement between Montenegro and the World Bank, Agreement) have been fulfilled.; (dc) The MOU, satisfactory to the World Bank, Project Agreement has been executed duly authorized or ratified by the Project Implementing Entity, and is legally binding upon the parties Project Implementing Entity in accordance with its terms; and (d) the Project Implementation Manual has been duly approved and adopted. 5.02. As part of the evidence to be furnished pursuant to Section 5.01 (a5.01(a), there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member Country, showing showing, on behalf of the Recipient, that that: (a) this Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms; and (b) the Project Agreement has been duly authorized or ratified by the Project Implementing Entity, and is legally binding upon the Project Implementing Entity in accordance with its terms. 5.03. Except as the Recipient and the World Bank shall otherwise agree, this Agreement shall enter into effect on the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below have been satisfied: (a) The the execution and delivery of this GEF Grant Agreement on behalf of the Recipient has have been duly authorized or ratified by all necessary governmental action.; (b) The Project Implementation Manualthe SEDTF Grant Agreement, satisfactory to the World Bankof even date herewith, has been adopted by the Recipient. (c) The Albania GEF Agreement has have been executed and delivered delivered, and all conditions precedent to its effectiveness, except only effectiveness or to the right of the Recipient to make withdrawals under it (other than the effectiveness of this GEF Agreement between Montenegro and the World Bank, Agreement) have been fulfilled.; and (dc) The MOU, satisfactory to the World BankBank is satisfied with the progress achieved by the Recipient in carrying out the Program, has been executed and that the Recipient’s macroeconomic policy framework is legally binding upon the parties in accordance with its termsappropriate. 5.02. As part of the evidence to be furnished pursuant to Section 5.01 (a), there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member Country, showing the following matters: on behalf of the Recipient, that this Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms. 5.03. Except as the Recipient and the World Bank shall otherwise agree, this Agreement shall enter into effect on the date upon which the World Bank dispatches to the Recipient notice of its acceptance of that the evidence required pursuant to conditions under Section 5.01 have been met (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below have been satisfied: (a) The execution and delivery of this GEF Grant Agreement on behalf of the Recipient has been duly authorized or ratified by all necessary governmental actionrecruited an independent auditor for the Project, with terms of reference, qualification and experience satisfactory to the World Bank. (b) The Recipient has adopted a Project Administrative, Accounting and Financial Manual in form and substance satisfactory to the World Bank. (c) The Recipient has adopted a Project Implementation ManualManual in form and substance satisfactory to the World Bank. (d) The Recipient has established a Steering Committee (Comité d’Orientation et de Suivi du Programme) with terms of reference, composition and resources satisfactory to the World Bank. (e) The Recipient has established a Coordination Unit with terms of reference, composition and resources satisfactory to the World Bank. (f) The Recipient has recruited the following key staff, with terms of reference, qualification and experience satisfactory to the World Bank, has been adopted by for the RecipientCoordination Unit, which is operational: (i) a biosafety specialist who will also act as Regional Coordinator; and (ii) a communication specialist. (cg) The Albania GEF Agreement Recipient has been executed recruited an accountant and delivered a procurement specialist, with terms of reference, qualification and all conditions precedent to its effectiveness, except only the effectiveness of this GEF Agreement between Montenegro and the World Bank, have been fulfilled. (d) The MOU, experience satisfactory to the World Bank, and has been executed and is legally binding upon designated an internal auditor for the parties in accordance with its termsmonitoring of the Project. 5.02. As part of (h) The Recipient has caused two staff members, including the evidence to be furnished pursuant to Section 5.01 Director, from the Recipient’s Direction des Approvisionnements et de la (a), there shall be furnished to the i) The World Bank an has received a legal opinion or opinions issued by the Recipient, in form and substance satisfactory to the World Bank of counsel acceptable to the World Bank orBank, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member Country, showing on behalf of the Recipient, confirming that this Agreement has been duly authorized or ratified byand signed by the Recipient, and executed that its provisions are binding and delivered on its behalf and is legally binding upon it in accordance with its terms 5.03. Except as the Recipient and the World Bank shall otherwise agree, this Agreement shall enter into effect enforceable on the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to existRecipient. 5.045.02. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) 90 days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below have been satisfied: (a) . The execution and delivery of this GEF Grant Agreement on behalf of the Recipient has and of the Project Agreement on behalf of the Project Implementing Entity have been duly authorized or ratified by all necessary governmental and corporate action. (b) . The Project Implementation Manual, satisfactory Subsidiary Agreement referred to the World Bank, has been adopted by the Recipient. (c) The Albania GEF in Section I.A of Schedule 2 to this Agreement has been executed and delivered and all conditions precedent to its effectiveness, except only on behalf of the effectiveness of this GEF Agreement between Montenegro Recipient and the World Bank, have Palestinian Authority. The On-Granting Agreement referred to in Section I.A of Schedule 2 to this Agreement has been fulfilled. (d) The MOU, satisfactory executed on behalf of the Recipient and the Project Implementing Entity. A Procurement Manager with qualifications acceptable to the World Bank, Bank has been executed and is legally binding upon employed by the parties in accordance with its terms. 5.02Project Implementing Entity. As part of the evidence to be furnished pursuant to Section 5.01 (a5.01(a), there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member CountryRecipient, showing the following matters: on behalf of the Recipient, that this Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms; on behalf of the Project Implementing Entity, that the Project Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms; the Subsidiary Agreement referred to in Section I.A of Schedule 2 to this Agreement has been duly authorized or ratified by the Recipient and the Palestinian Authority and is legally binding upon each such party in accordance with its terms; and the On-Granting Agreement referred to in Section I.A of Schedule 2 to this Agreement has been duly authorized or ratified by the Palestinian Authority and the Project Implementing Entity and is legally binding upon each such party in accordance with its terms. 5.03. Except as the Recipient and the World Bank shall otherwise agree, this Agreement shall enter into effect on the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below have been satisfied: (a) The execution and delivery of this GEF Grant Agreement on behalf of the Recipient has been duly authorized or ratified by all necessary governmental action. (b) The Project Implementation Manual, satisfactory to the World Bank, has been adopted by the Recipient. (c) The Albania GEF : This Agreement has been executed and delivered and all delivered. All conditions precedent to its effectivenessthe effectiveness of the Sierra Leone Financing Agreement have been fulfilled, except only other than those related to the effectiveness of this GEF Agreement between Montenegro and the World Bank, have been fulfilled. (d) The MOU, satisfactory to the World Bank, has been executed and is legally binding upon the parties in accordance with its termsAgreement. 5.02. As part of the evidence to be furnished pursuant to Section 5.01 (a5.01(a), there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member CountryRecipient, showing showing, on behalf of the Recipient, that this Agreement has been duly authorized or ratified by, and executed and delivered on its behalf behalf, and is legally binding upon it in accordance with its terms. 5.03. Except as the Recipient and the World Bank shall otherwise agree, this Agreement shall enter into effect on the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the PHRD Trust Fund Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.01. This Agreement shall not become effective until until: (a) evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below have following condition has been satisfied: (a) The : namely, the execution and delivery of this GEF Grant Agreement on behalf of the Recipient has have been duly authorized or ratified by all necessary governmental action. ; and (b) The Project Implementation Manual, satisfactory to the World Bank, has been adopted by funds deposited in the Recipient. (c) The Albania GEF Agreement has been executed and delivered and all conditions precedent to its effectiveness, except only the effectiveness of this GEF Agreement between Montenegro and the World Bank, have been fulfilled. (d) The MOU, satisfactory to the World Bank, has been executed and is legally binding upon the parties in accordance with its termsFood Price Crisis Response Trust Fund are available for disbursement. 5.02. As part of the evidence to be furnished pursuant to Section 5.01 (a5.01(a), there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member Country, showing the following matter: namely, on behalf of the Recipient, that this Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms. 5.03. Except as the Recipient and the World Bank shall otherwise agree, this Agreement shall enter into effect on the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 5.01(a) (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) 90 days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below have been satisfied: (a) The execution and delivery of this GEF Grant Agreement on behalf of the Recipient has and the HV Project Agreement on behalf of HV have been duly authorized or ratified by all necessary governmental and corporate action.; (b) The Project Implementation Manual, Croatia PIT has been established with a composition and terms of reference satisfactory to the World Bank, has been adopted by the Recipient.; (c) The Albania Bosnia and Herzegovina GEF Agreement has been executed and delivered and all conditions precedent to its effectiveness, except only effectiveness (other than the effectiveness of this GEF Agreement between Montenegro and the World Bank, Agreement) have been fulfilled.; (d) The MOU, MOU has been executed on terms and conditions satisfactory to the World Bank, ; (e) The HV Project Agreement has been executed on behalf of the World Bank and is legally binding upon HV, on terms and conditions satisfactory to the parties in accordance with its termsWorld Bank; (f) The HV Subsidiary Grant Agreement has been executed on behalf of the Recipient and HV, on terms and conditions satisfactory to the World Bank; and (g) The Operational Manual has been duly adopted by the Recipient, Bosnia and Herzegovina, HV, the Federation and Republika Srpska. 5.02. As part of the evidence to be furnished pursuant to Section Sections 5.01 (a), (e) and (f), there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member CountryRecipient, showing the following matters: (a) on behalf of the Recipient, that this Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms; (b) on behalf of HV, that the HV Project Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms; and (c) the HV Subsidiary Grant Agreement has been duly authorized or ratified by the Recipient and HV and is legally binding upon each such party in accordance with its terms. 5.03. Except as the Recipient and the World Bank shall otherwise agree, this Agreement shall enter into effect on the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety one hundred and twenty (90120) days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions condition specified below have has been satisfied: (a) The , namely that the execution and delivery of this GEF Grant Agreement on behalf of the Recipient has and the Project Agreement on behalf of the Project Implementing Entity have been duly authorized or ratified by all necessary governmental action. (b) The Project Implementation Manual, satisfactory to the World Bank, has been adopted by the Recipient. (c) The Albania GEF Agreement has been executed and delivered and all conditions precedent to its effectiveness, except only the effectiveness of this GEF Agreement between Montenegro and the World Bank, have been fulfilled. (d) The MOU, satisfactory to the World Bank, has been executed and is legally binding upon the parties in accordance with its terms. 5.02. As part of the evidence to be furnished pursuant to Section 5.01 (a)5.01, there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member Country, Recipient showing the following matters: on behalf of the Recipient, that this Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms; and on behalf of the Project Implementing Entity, that the Project Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms. 5.03. Except as the Recipient and the World Bank shall otherwise agree, this Agreement shall enter into effect on the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below have been satisfied: (a) The the texts pertaining to, and the bylaws of PCU shall have been updated in a manner satisfactory to the Association; (b) the Recipient has adopted the Operational Manual in form and substance satisfactory to the Association; (c) the execution and delivery of this GEF Grant Agreement on behalf of the Recipient has and the Project Agreements on behalf of the relevant Project Implementing Entities have been duly authorized or ratified by all necessary governmental action. (b) The Project Implementation Manual, satisfactory to the World Bank, has been adopted by the Recipient. (c) The Albania GEF Agreement has been executed and delivered and all conditions precedent to its effectiveness, except only the effectiveness of this GEF Agreement between Montenegro and the World Bank, have been fulfilled.corporate actions; and (d) The MOU, satisfactory the Subsidiary Agreements referred to the World Bank, has in Section I.C of Schedule 2 to this Agreement have been duly executed and is legally binding upon delivered on behalf of the parties in accordance with its termsRecipient and the relevant Project Implementing Entities. 5.02. As part of the evidence to be furnished pursuant to Section 5.01 (a), there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member CountryRecipient, showing the following matters: (a) on behalf of the Recipient, that this Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms; (b) on behalf of each of the Project Implementing Entities, that the relevant Project Agreements have been duly authorized or ratified by, and executed and delivered on their behalf and are legally binding upon them in accordance with their terms; and (c) the Subsidiary Agreements referred to in Section I.C of Schedule 2 to this Agreement have been duly authorized or ratified by, and executed and delivered on behalf of the Recipient and the relevant Project Implementing Entities and are legally binding upon each such party in accordance with their terms. 5.03. Except as the Recipient and the World Bank shall otherwise agree, this Agreement shall enter into effect on the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below have been satisfied: (a) The the execution and delivery of this GEF Grant Agreement on behalf of the Recipient has have been duly authorized or ratified by all necessary governmental and corporate action.; (b) The Project Implementation Manualif the World Bank so requests, satisfactory the condition of the Recipient, as represented or warranted to the World BankBank at the date of this Agreement, has been adopted by the Recipient.undergone no material adverse change after such date; and (c) The Albania GEF the India Grant Agreement has been executed and delivered and all conditions precedent to its effectiveness, except only effectiveness or to the right of the Recipient to make withdrawals under it (other than the effectiveness of this GEF Agreement between Montenegro and the World Bank, Agreement) have been fulfilled. (d) The MOU, satisfactory to the World Bank, has been executed and is legally binding upon the parties in accordance with its terms. 5.02. As part of the evidence to be furnished pursuant to Section 5.01 (a5.01(a), there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member Country, showing the following matters, on behalf of the Recipient, namely that this Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms. 5.03. Except as the Recipient and the World Bank shall otherwise agree, this Agreement shall enter into effect on the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below have been satisfied:. (a) The execution and delivery of this GEF Grant Agreement on behalf of the Recipient has have been duly authorized or ratified by all necessary governmental and corporate action. (b) The Project Implementation Manualfinancing agreement (“SSNP Financing Agreement”) dated the same as this Agreement, satisfactory to between the Recipient and the World Bank, providing a credit and a grant in support of the Project (Credit No. 4510-NP; Grant No. H424-NP), including all appendices, schedules and agreements supplemental thereto, has been adopted by executed and delivered and all conditions precedent to its effectiveness or to the Recipientright of the Recipient to make withdrawals under it (other than the effectiveness of this Agreement and the IWRMP Additional Financing Agreement) have been fulfilled. (c) The Albania GEF IWRMP Additional Financing Agreement has been executed and delivered and all conditions precedent to its effectiveness, except only effectiveness or to the right of the Recipient to make withdrawals under it (other than the effectiveness of this GEF Agreement between Montenegro and the World Bank, SSNP Financing Agreement) have been fulfilled. (d) The MOU, satisfactory to the World Bank, has been executed and is legally binding upon the parties in accordance with its terms. 5.02. As part of the evidence to be furnished pursuant to Section 5.01 (a5.01(a), there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member Country, showing showing, on behalf of the Recipient, that this Agreement has been duly authorized or ratified by, and executed and delivered on its behalf of, the Recipient and is legally binding upon it in accordance with its terms. 5.03. Except as the Recipient and the World Bank shall otherwise agree, this Agreement shall enter into effect on the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below have been satisfied:. (a) The execution and delivery of this GEF Grant Agreement on behalf of the Recipient has and the Project Agreement on behalf of the Project Implementing Entity have been duly authorized or ratified by all necessary governmental and corporate action. (b) The If World Bank so requests, the condition of the Recipient and the Project Implementation ManualImplementing Entity, satisfactory as represented or warranted to the World BankBank at the date of this Agreement, has been adopted by the Recipientundergone no material adverse change after such date. (c) The Albania GEF Subsidiary Agreement has been executed and delivered and all conditions precedent to its effectiveness, except only on behalf of the effectiveness of this GEF Agreement between Montenegro Recipient and the World Bank, have been fulfilled. (d) The MOU, satisfactory to the World Bank, has been executed and is legally binding upon the parties in accordance with its termsProject Implementing Entity. 5.02. As part of the evidence to be furnished pursuant to Section 5.01 (a5.01(a), there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member CountryRecipient, showing the following matters: (a) on behalf of the Recipient, that this Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms; (b) on behalf of the Project Implementing Entity, that the Project Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms; and (c) the Subsidiary Agreement has been duly authorized or ratified by the Recipient and the Project Implementing Entity and is legally binding upon each such party in accordance with its terms. 5.03. Except as the Recipient and the World Bank shall otherwise agree, this Agreement shall enter into effect on the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below have been satisfied: (a) The execution the TOU has a financial management system in place, including an operational computerized accounting and delivery of this GEF Grant Agreement on behalf of reporting system, acceptable to the Recipient World Bank, and the Financial Manual has been duly authorized or ratified completed, approved by all necessary governmental action. (b) The Project Implementation ManualJSC-H&B and adopted by the Recipient, in form and substance satisfactory to the World Bank, ; (b) the Recipient has provided evidence satisfactory to the World Bank that all land required for the Project has been adopted acquired by JSC-H&B (or temporarily acquired by long term lease of at least twenty years and JSC- H&B has taken possession of the Recipient. (c) The Albania GEF Agreement has land under the corresponding lease agreement), in compliance with the Resettlement Action Plans, including a legal opinion from legal counsel acceptable to the World Bank confirming that the legal documents relating to the land acquisition have been executed and delivered on each party’s behalf, by the confirmed legal owners of the land, and all conditions precedent to its effectivenessare legally binding upon each party in accordance with their respective terms, except only the effectiveness of this GEF Agreement between Montenegro in form and the World Bank, have been fulfilled. (d) The MOU, substance satisfactory to the World Bank, ; (c) the Operational Manual has been executed completed, approved by JSC-H&B and is legally binding upon adopted by the parties Recipient, in accordance form and substance satisfactory to the World Bank; and (d) the Social Committee has been established and mandated by the JSC- H&B and provided with its termsthe authority necessary to address grievances, in a manner acceptable to the World Bank. 5.02. As part of the evidence to be furnished pursuant to Section 5.01 (a), there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member CountryRecipient, showing the following matters: (a) on behalf of the Recipient, that this Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms; (b) the Subsidiary Agreement referred to in Section I.B of Schedule 2 to this Agreement has been duly authorized or ratified by the Recipient and the Palestinian Authority and is legally binding upon each such party in accordance with its terms; and (c) the On-Granting Agreement referred to in Section I.B of Schedule 2 to this Agreement has been duly authorized or ratified by the Palestinian Authority and the JSC-H&B and is legally binding upon each such party in accordance with its terms. 5.03. Except as the Recipient and the World Bank shall otherwise agree, this Agreement shall enter into effect on the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below have been satisfied: (a) All conditions precedent to the effectiveness of the Loan Agreement (other than the effectiveness of this Agreement) have been fulfilled. (b) The execution and delivery of this GEF Grant Agreement on behalf of the Recipient has and the Project Agreements on behalf of the Participating States have been duly authorized or and ratified by all necessary governmental or agency action. (b) The Project Implementation Manual, satisfactory to the World Bank, has been adopted by the Recipient. (c) The Albania GEF Agreement has been executed and delivered and all conditions precedent to its effectiveness, except only the effectiveness of this GEF Agreement between Montenegro and the World Bank, have been fulfilled. (d) The MOU, satisfactory to the World Bank, has been executed and is legally binding upon the parties in accordance with its terms. 5.02. As part of the evidence to be furnished pursuant to Section 5.01 (a)5.01, there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member Country, showing Recipient on behalf of the Recipient, that this Agreement has and on behalf of the Participating States, that the Project Agreements have been duly authorized or ratified by, and executed and delivered on its their behalf and is are legally binding upon it them in accordance with its their terms. 5.03. Except as the Recipient and the World Bank shall otherwise agree, this Agreement shall enter into effect on the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below have been satisfied: (a) : The execution and delivery of this GEF Grant Agreement on behalf of the Recipient has and the Project Agreement on behalf of the Project Implementing Entity have been duly authorized or ratified by all necessary governmental and corporate action. (b) The . Approval by the relevant competent government agency of the Project Implementation ManualImplementing Entity of the final draft of the Feasibility Study Report on River-network Wetland Demonstration Sub-project in Juyuan New Development Area and Waigang Town, both located in Jiading District, satisfactory to the World Bank, has been adopted by the Recipient. (c) The Albania GEF Agreement has been executed and delivered and all conditions precedent to its effectiveness, except only the effectiveness of this GEF Agreement between Montenegro and the World Bank, have been fulfilled. (d) The MOU, satisfactory to the World Bank, has been executed and is legally binding upon the parties in accordance with its terms. 5.02. As part of the evidence to be furnished pursuant to Section 5.01 (a5.01(a), there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member Country, Recipient showing the following matters: on behalf of the Recipient, that this Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms; and on behalf of the Project Implementing Entity, that the Project Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms. 5.03. Except as the Recipient and the World Bank shall otherwise agree, this Agreement shall enter into effect on the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions condition specified below have has been satisfied: (a) The , namely that the execution and delivery of this GEF Grant Agreement on behalf of the Recipient has and the Project Agreement on behalf of the Project Implementing Entity have been duly authorized or ratified by all necessary governmental action. (b) The Project Implementation Manual, satisfactory to the World Bank, has been adopted by the Recipient. (c) The Albania GEF Agreement has been executed and delivered and all conditions precedent to its effectiveness, except only the effectiveness of this GEF Agreement between Montenegro and the World Bank, have been fulfilled. (d) The MOU, satisfactory to the World Bank, has been executed and is legally binding upon the parties in accordance with its terms. 5.02. As part of the evidence to be furnished pursuant to Section 5.01 (a)5.01, there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member Country, Recipient showing the following matters: (a) on behalf of the Recipient, that this Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms; and (b) on behalf of the Project Implementing Entity, that the Project Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms. 5.03. Except as the Recipient and the World Bank shall otherwise agree, this Agreement shall enter into effect on the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below have been satisfied:. (a) The execution and delivery of this GEF Grant Agreement on behalf of the Recipient has have been duly authorized or ratified by all necessary governmental and corporate action. (b) The Project Implementation Manual, satisfactory Recipient has prepared and furnished to the World Bank, has been adopted by all of the Recipientfollowing, which shall be in form and substance acceptable to the World Bank: (i) terms of reference for the core staff of the Project Management Unit (namely the Project director, grant manager, and the procurement specialist, environmental and social specialist, monitoring and evaluation specialist, and communication specialist) in accordance with Section I.A.1 of Schedule 2 to this Agreement; and (ii) the procedures and simplified documents for the procurement of all consulting services and non-consulting services for the establishment and operationalization of the Project Management Unit. (c) The Albania GEF Agreement has been executed and delivered and all conditions precedent If the World Bank so requests, the condition of the Recipient, as represented or warranted to its effectiveness, except only the effectiveness World Bank at the date of this GEF Agreement between Montenegro and the World BankAgreement, have been fulfilledhas undergone no material adverse change after such date. (d) The MOUWorld Bank has determined after the Effective Date referred to in Section 5.03 of this Agreement that prior to such date but after the date of this Agreement, satisfactory to an event has occurred which would have entitled the World Bank, has Bank to suspend the Recipient's right to make withdrawals from the Grant Account if this Agreement had been executed and is legally binding upon effective on the parties in accordance with its termsdate such event occurred. 5.02. As part of the evidence to be furnished pursuant to Section 5.01 (a), there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the relevant Member CountryCountry or the Recipient, showing on behalf of the Recipient, that this Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms. 5.03. Except as the Recipient and the World Bank shall otherwise agree, this Agreement shall enter into effect on the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below have been satisfied:. (a) The the execution and delivery of this GEF Grant Agreement on behalf of the Recipient has have been duly authorized or ratified by all necessary governmental and corporate action. (b) The Project Implementation Manual, satisfactory to the World Bank, has been adopted by the Recipient. (c) The Albania GEF XXX Financing Agreement has been executed and delivered and all conditions precedent to its effectiveness, except only effectiveness or to the right of the Recipient to make withdrawals under it (other than the effectiveness of this GEF Agreement between Montenegro and the World Bank, Agreement) have been fulfilled. (d) The MOU, satisfactory to the World Bank, has been executed and is legally binding upon the parties in accordance with its terms. 5.02. As part of the evidence to be furnished pursuant to Section 5.01 (a), there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member CountryRecipient, showing showing, on behalf of the Recipient, that this Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms. 5.03. Except as the Recipient and the World Bank shall otherwise agree, the Effective Date on which this Agreement shall enter into effect on shall be the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 (“Effective Date”)5.01. If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) 90 days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below have been satisfied: (a) . The execution and delivery of this GEF Grant Agreement on behalf of the Recipient has and the Norwegian Trust Fund Project Agreement on behalf of the Project Implementing Entity have been duly authorized or ratified by all necessary governmental and corporate action. (b) The . If the World Bank so requests, the condition of the Project Implementation ManualImplementing Entity, satisfactory as represented or warranted to the World BankBank at the date of this Agreement, has been adopted by the Recipient. (c) undergone no material adverse change after such date. The Albania GEF Subsidiary Agreement has been executed and delivered and all conditions precedent to its effectiveness, except only on behalf of the effectiveness of this GEF Agreement between Montenegro Recipient and the World Bank, have been fulfilled. (d) The MOU, satisfactory to the World Bank, has been executed and is legally binding upon the parties in accordance with its termsProject Implementing Entity. 5.02. As part of the evidence to be furnished pursuant to Section 5.01 (a), there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member Country, showing the following matters: (a) on behalf of the Recipient, that this Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms; (b) on behalf of the Project Implementing Entity, that the Norwegian Trust Fund Project Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms; and (c) the Subsidiary Agreement referred to in Section 1 (A) of Schedule 2 to this Agreement has been duly authorized or ratified by the Recipient and the Project Implementing Entity and is legally binding upon each such party in accordance with its terms. 5.03. Except as the Recipient and the World Bank shall otherwise agree, this Agreement shall enter into effect on the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) 90 days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the following conditions specified below have been satisfied: (a) The execution and delivery of this GEF Grant Agreement on behalf of the Recipient has have been duly authorized or ratified by all necessary governmental action. (b) The Recipient has prepared and endorsed an addendum to the Project Implementation Operational Manual, satisfactory to the World Bank, has been adopted by the Recipient. (c) The Albania GEF Recipient has hired a PMU regional procurement specialist under the terms of reference and with qualifications satisfactory to the World Bank. (d) The amendment to the Food Price Crisis Response Trust Fund Grant Agreement has been executed and delivered and all conditions precedent to its effectiveness, except only effectiveness (other than the effectiveness of this GEF Agreement between Montenegro and the World Bank, Agreement) have been fulfilled. (d) The MOU, satisfactory to the World Bank, has been executed and is legally binding upon the parties in accordance with its terms. 5.02. As part of the evidence to be furnished pursuant to Section 5.01 (a), there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member Country, showing showing: on behalf of the Recipient, that this Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms. 5.03. Except as the Recipient and the World Bank shall otherwise agree, this Agreement shall enter into effect on the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.014.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below have Subsidiary Agreement referred to in Section I.B of Schedule 2 to this Agreement has been satisfied: (a) The execution and delivery of this GEF Grant Agreement executed on behalf of the Recipient has been duly authorized or ratified and the Palestinian Authority, as represented by all necessary governmental actionthe Minister of Finance of the Palestinian Authority. (b) The Project Implementation Manual, satisfactory to the World Bank, has been adopted by the Recipient. (c) The Albania GEF Agreement has been executed and delivered and all conditions precedent to its effectiveness, except only the effectiveness of this GEF Agreement between Montenegro and the World Bank, have been fulfilled. (d) The MOU, satisfactory to the World Bank, has been executed and is legally binding upon the parties in accordance with its terms. 5.024.02. As part of the evidence to be furnished pursuant to Section 5.01 (a)4.01, there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member CountryRecipient, showing the following matters: (a) on behalf of the Recipient, that this Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms; and 5.03(b) the Subsidiary Agreement referred to in Section I.B of Schedule 2 to this Agreement has been duly authorized or ratified by the Recipient and the Palestinian Authority and is legally binding upon each such party in accordance with its terms. 4.03. Except as the Recipient and the World Bank shall otherwise agree, this Agreement shall enter into effect on the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 4.01 (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.044.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below have been satisfied: : the Financing Agreement dated the same date as this Agreement, between the Recipient and the Association, providing a credit in support of the Project (a“Financing Agreement”), has been executed and delivered and all conditions precedent to its effectiveness or to the right of the Recipient to make withdrawals under it (other than the effectiveness of this Agreement) The have been fulfilled; the execution and delivery of this GEF Grant Agreement on behalf of the Recipient has been duly authorized or ratified by all necessary governmental action. (b) The Project Implementation Manual; and the Recipient has furnished to the World Bank, in form and substance satisfactory to the World Bank, has been adopted by the Recipient. (c) The Albania GEF Agreement has been executed and delivered and all conditions precedent to its effectiveness, except only the effectiveness of this GEF Agreement between Montenegro and the World Bank, have been fulfilled. (d) The MOU, satisfactory to the World Bank, has been executed and is legally binding upon the parties in accordance with its termsan Annual Action Plan for Fiscal Year 2011. 5.02. As part of the evidence to be furnished pursuant to Section 5.01 (a5.01(b), there shall be furnished to the World Bank Bank, an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member CountryRecipient, showing the following matter, namely, that, on behalf of the Recipient, that this Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms. 5.03. Except as the Recipient and the World Bank shall otherwise agree, this Agreement shall enter into effect on the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 5.04 (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below have been satisfied: (a) The execution and delivery Recipient, through MOH, shall have adopted the Operation Manual that it prepared in accordance with Section I, paragraph 6 of Schedule 2 to this GEF Grant Agreement on behalf of Agreement. (b) Implementation Agreements shall have been executed between the Recipient has and at least three (3) Project Participants in accordance with the provisions set forth in Section I, paragraph 8(c) of Schedule 2 to this Agreement and the Implementation Agreements, have been duly authorized or ratified by all necessary governmental action. (b) The Project Implementation Manual, satisfactory to the World Bank, has been adopted by the Recipient. (c) The Albania GEF Loan Agreement has been executed and delivered and all conditions precedent to its effectiveness, except only effectiveness or to the right of the Recipient to make withdrawals under it (other than the effectiveness of this GEF Agreement between Montenegro and the World Bank, Agreement) have been fulfilled. (d) The MOU, satisfactory to the World Bank, has been executed and is legally binding upon the parties in accordance with its terms. 5.02. As part of the evidence to be furnished pursuant to Section 5.01 (a)5.01(b) of this Agreement, there shall be furnished to the World Bank Bank, an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member Country, showing showing, on behalf of the RecipientProject Participant, that this the Implementation Agreement to which it is a party has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms. 5.03. Except as the Recipient and the World Bank shall otherwise agree, this Agreement shall enter into effect on the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 of this Agreement (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below have been satisfied: (a) The the Financing Agreement dated the same date as this Agreement, between the Recipient and the Association, providing a credit in support of the Project (“Financing Agreement”), has been executed and delivered and all conditions precedent to its effectiveness or to the right of the Recipient to make withdrawals under it (other than the effectiveness of this Agreement) have been fulfilled; (b) the execution and delivery of this GEF Grant Agreement on behalf of the Recipient has been duly authorized or ratified by all necessary governmental action.; and (bc) The Project Implementation Manualthe Recipient has furnished to the World Bank, in form and substance satisfactory to the World Bank, has been adopted by the Recipient. (c) The Albania GEF Agreement has been executed and delivered and all conditions precedent to its effectiveness, except only the effectiveness of this GEF Agreement between Montenegro and the World Bank, have been fulfilled. (d) The MOU, satisfactory to the World Bank, has been executed and is legally binding upon the parties in accordance with its termsan Annual Action Plan for Fiscal Year 2011. 5.02. As part of the evidence to be furnished pursuant to Section 5.01 (a5.01(b), there shall be furnished to the World Bank Bank, an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member CountryRecipient, showing the following matter, namely, that, on behalf of the Recipient, that this Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms. 5.03. Except as the Recipient and the World Bank shall otherwise agree, this Agreement shall enter into effect on the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 5.04 (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank showing that the conditions specified below have been satisfied: (a) The execution and delivery of this GEF Grant Agreement Agreement, on behalf of the Recipient has Recipient, have been duly authorized or ratified by all necessary governmental action. (b) The Project Implementation ManualIf the World Bank so requests, satisfactory the condition of the Recipient, as represented or warranted to the World BankBank at the date of this Agreement, has been adopted by the Recipientundergone no material adverse change after such date. (c) The Albania GEF Agreement Recipient has been executed and delivered and all conditions precedent provided to its effectivenessthe World Bank the written confirmation from the Ministry of General Affairs (“MoGA”), except only addressed to the effectiveness of this GEF Agreement between Montenegro Recipient and the World Bank, have been fulfilledevidencing MoGA’s assurance to enable the NRPB to fulfill the commitments under this Agreement; said assurance shall include: (i) ensuring the provision of the funds, facilities, services, and other resources required for the Project as promptly as needed; (ii) providing support to the Recipient in fulfilling the terms and conditions set forth in this Agreement and the POM; and (iii) ensuring the coordination and support of the relevant Government ministries and agencies. (d) The MOU, Recipient has finalized and adopted a Project Operations Manual in accordance with Section I.B of Schedule 2 to this Agreement to the satisfaction of the World Bank. (e) The Subsidiary Agreement has been executed by MHF and Recipient in form and substance satisfactory to the World Bank, has been executed and is legally binding upon the parties in accordance with its terms. 5.02. As part of the evidence to be furnished pursuant to Section 5.01 (a)5.01, there the Recipient shall be furnished furnish to the World Bank an opinion or opinions satisfactory to the World Bank Bank, of counsel acceptable to the World Bank orBank, or if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of Sint Maarten, acceptable to the Member CountryWorld Bank, showing the following matters: (a) the Recipient has the legal capacity under the laws of Sint Maarten to receive the Grant proceeds and to carry out the Recipient’s Project implementation obligations set forth in this Agreement, all for the benefit of Sint Maarten; and (b) this Agreement and the Subsidiary Agreement have been duly authorized by, executed, and delivered on behalf of the Recipient, that this Agreement has been duly authorized or ratified by, and executed and delivered on its behalf Recipient and is legally binding upon it the Recipient in accordance with its terms. 5.03. Except as the Recipient and the World Bank shall otherwise agree, this Agreement shall enter into effect on the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below have been satisfied: (a) The the execution and delivery of this GEF Grant Agreement on behalf of the Recipient has have been duly authorized or ratified by all necessary governmental and corporate action.; and (b) The Project Implementation Manual, satisfactory to the World Bank, has been adopted by the Recipient. (c) The Albania GEF XXX Financing Agreement has been executed and delivered and all conditions precedent to its effectiveness, except only effectiveness or to the right of the Recipient to make withdrawals under it (other than the effectiveness of this GEF Agreement between Montenegro and the World Bank, Agreement) have been fulfilled. (d) The MOU, satisfactory to the World Bank, has been executed and is legally binding upon the parties in accordance with its terms. 5.02. As part of the evidence to be furnished pursuant to Section 5.01 (a5.01(a), there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member CountryRecipient, showing showing, on behalf of the Recipient, that this Agreement agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms. 5.03. Except as the Recipient recipient and the World Bank shall otherwise agree, the Effective date on which this Agreement shall enter into effect on shall be the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 (“Effective Date”)5.01. If, and before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant GEF XX Xxxxx Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) 90 days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.014.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below have been satisfied: (a) The the execution and delivery of this GEF Grant Agreement on behalf of the Recipient has have been duly authorized or ratified by all necessary governmental action.; (b) The the financing agreement, between the Recipient and XXX, providing a credit in support of the Project Implementation Manual(“Financing Agreement”), satisfactory to the World Bank, has been adopted by the Recipient. (c) The Albania GEF Agreement has been executed and delivered and all conditions precedent to its effectiveness, except only effectiveness or to the right of the Recipient to make withdrawals under it (other than the effectiveness of this GEF Agreement between Montenegro and the World Bank, Agreement) have been fulfilled; and (c) the Recipient has carried out a biodiversity field surveys, and prepared, adopted and disclosed the Biodiversity Management Plan in form and substance acceptable to the Bank. (d) The MOU, satisfactory to the World Bank, has been executed and is legally binding upon the parties in accordance with its terms. 5.024.02. As part of the evidence to be furnished pursuant to Section 5.01 (a), there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member Country, showing the following matters on behalf of the Recipient, that this Agreement has been duly authorized or ratified by, by and executed and delivered on its behalf and is legally binding upon it in accordance with its terms. 5.034.03. Except as the Recipient and the World Bank shall otherwise agree, this Agreement shall enter into effect on the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.014.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below have been satisfied: , namely that: (a) The the Recipient has adopted the Project Operations Manual acceptable to the Recipient and the World Bank; (b) the KPDT shall have issued a request for proposals in accordance with Section III of Schedule 2 to this Agreement, satisfactory to the Recipient and the Bank, for program management and implementation consultants under Part 3 of the Project; and (c) the execution and delivery of this GEF Grant Agreement on behalf of the Recipient has been duly authorized or ratified by all necessary governmental action. (b) The Project Implementation Manual, satisfactory to the World Bank, has been adopted by the Recipient. (c) The Albania GEF Agreement has been executed and delivered and all conditions precedent to its effectiveness, except only the effectiveness of this GEF Agreement between Montenegro and the World Bank, have been fulfilled. (d) The MOU, satisfactory to the World Bank, has been executed and is legally binding upon the parties in accordance with its terms. 5.024.02. As part of the evidence to be furnished pursuant to Section 5.01 (a)4.01, there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member Country, showing on behalf of the Recipient, following matters: that this Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms. 5.034.03. Except as the Recipient and the World Bank shall otherwise agree, this Agreement shall enter into effect on the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 Sections 4.01 and 4.02 (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.044.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below have been satisfied: (a) The execution and delivery of this GEF Grant Agreement on behalf of the Recipient has have been duly authorized or ratified by all necessary governmental or corporate action. (b) The Project Implementation Manual, satisfactory to Financial Agreement and the World Bank, has Execution Agreement have been adopted by executed on behalf of the RecipientRecipient and FIRCA. (c) The Albania GEF Agreement has been executed and delivered and all All conditions precedent to its effectiveness, except only the effectiveness of this GEF the Côte d’Ivoire Financing Agreement between Montenegro and the World Bank, have been fulfilled. (d) The MOU, satisfactory All conditions precedent to the World Bankeffectiveness of the CORAF Grant Agreement have been fulfilled, has been executed and is legally binding upon other than those related to the parties in accordance with its termseffectiveness of this Agreement. 5.02. As part of the evidence to be furnished pursuant to Section 5.01 (a5.01(a), there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member CountryRecipient, showing the following matters: (a) on behalf of the Recipient, that this Agreement has been duly authorized or ratified by, and executed and delivered on its behalf behalf, and is legally binding upon it in accordance with its terms. (b) that the Financial Agreement and the Execution Agreement have been duly authorized by the Recipient and FIRCA and are legally binding upon the Recipient and FIRCA in accordance with their terms. 5.03. Except as the Recipient and the World Bank shall otherwise agree, this Agreement shall enter into effect on the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below have been satisfied: (a) . The execution and delivery of this GEF Grant Agreement on behalf of the Recipient has been duly authorized or ratified by all necessary governmental and corporate action. (b) . The Project Implementation Manual, satisfactory to the World Bank, has been adopted by the Recipient. (c) The Albania GEF XXX Financing Agreement has been executed and delivered and all conditions precedent to its effectiveness, except only effectiveness or to the right of the Recipient to make withdrawals under it (other than the effectiveness of this GEF Agreement between Montenegro and the World Bank, Agreement) have been fulfilled. (d) The MOU, satisfactory to the World Bank, has been executed and is legally binding upon the parties in accordance with its terms. 5.02. As part of the evidence to be furnished pursuant to Section 5.01 (a5.01(a), there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member CountryRecipient, showing showing, on behalf of the Recipient, that this Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms. 5.03. Except as the Recipient and the World Bank shall otherwise agree, the Effective Date on which this Agreement shall enter into effect on shall be the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 (“Effective Date”)5.01. If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) 90 days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below have been satisfied: (a) The execution and delivery of this GEF Grant the Project Agreement on behalf of the Recipient Project Implementing Entity has been duly authorized or ratified by all necessary governmental and corporate action. (b) The Loan Agreement dated the same date as this Agreement, between the Recipient and IBRD, providing a loan in support of the Project Implementation Manual, satisfactory to the World Bank, has been adopted by the Recipient. (c“Loan Agreement”) The Albania GEF Agreement has been executed and delivered and all conditions precedent to its effectiveness, except only effectiveness (other than the effectiveness of this GEF Agreement between Montenegro and the World Bank, Agreement) have been fulfilled. (d) The MOU, satisfactory to the World Bank, has been executed and is legally binding upon the parties in accordance with its terms. 5.02. As part of the evidence to be furnished pursuant to Section 5.01 (a)5.01(a) of this Agreement, there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member Country, showing showing, on behalf of the RecipientProject Implementing Entity, that this the Project Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms. 5.03. Except as the Recipient and the World Bank shall otherwise agree, this Agreement shall enter into effect on the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 of this Agreement (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the following conditions specified below have been satisfied: (a) The the execution and delivery of this GEF Grant Agreement on behalf of the Recipient has have been duly authorized or ratified by all necessary governmental action.; and (b) The Project Implementation Manual, satisfactory to the World Bank, has been adopted by the Recipient. (c) The Albania GEF Subsidiary FPCR Grant Agreement has been executed on behalf of the Recipient and delivered and all conditions precedent to its effectiveness, except only the effectiveness of this GEF Agreement between Montenegro and the World Bank, have been fulfilled. (d) The MOU, satisfactory to the World Bank, has been executed and is legally binding upon the parties in accordance with its termsSFD. 5.02. As part of the evidence to be furnished pursuant to Section 5.01 (a)5.01, there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member Country, showing showing: (a) on behalf of the Recipient, that this Agreement has been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its terms; (b) that the FPCR Project Agreement has been duly authorized or ratified by SFD, and is legally binding upon SFD in accordance with its terms; and (c) that the Subsidiary FPCR Grant Agreement has been duly authorized or ratified by the Recipient and SFD and is legally binding upon the Recipient and SFD in accordance with its terms. 5.03. Except as the Recipient and the World Bank shall otherwise agree, this Agreement shall enter into effect on the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. Section 5.01. This Agreement shall not become effective until evidence satisfactory The following events are specified as conditions to the World Bank has been furnished to the World Bank that the conditions specified below have been satisfiedeffectiveness of this Agreement: (a) The execution and delivery of this GEF Grant Agreement on behalf of that the Recipient Health Program Management Unit has been duly authorized or ratified by all necessary governmental action.established within the Recipient’s Governance and Public Administration Pillar, with qualified personnel in adequate numbers, including a financial manager and a procurement specialist acceptable to the Trustee; (b) The Project Implementation Manualthat an action plan for the financial management of the Project, satisfactory acceptable to the World BankTrustee, has been adopted by the Recipient.adopted; (c) The Albania GEF Agreement that an action plan for procurement under the Project, acceptable to the Trustee, has been executed and delivered and all conditions precedent to its effectiveness, except only the effectiveness of this GEF Agreement between Montenegro and the World Bank, have been fulfilled.adopted; (d) The MOUthat the Guidelines for Compensation and Resettlement, satisfactory to the World Bank, has been executed and is legally binding upon the parties in accordance with its terms. 5.02. As part of the evidence to be furnished pursuant to Section 5.01 (a), there shall be furnished to the World Bank an opinion or opinions satisfactory to the World Bank of counsel acceptable to the World Bank orTrustee, if have been issued by the World Bank so requestsRecipient; and (e) that the Guidelines for the preparation of district health plans, a certificate satisfactory acceptable to the World Bank of a competent official of the Member CountryTrustee, showing on behalf of the Recipient, that this Agreement has have been duly authorized or ratified by, and executed and delivered on its behalf and is legally binding upon it in accordance with its termsadopted. 5.03. (a) Except as the Recipient and the World Bank Trustee shall otherwise agree, this the Trust Fund Grant Agreement shall enter into effect on the date upon on which the World Bank Trustee dispatches to the Recipient notice of its acceptance of the evidence required pursuant to by Section 5.01 of this Agreement. (“Effective Date”). b) If, before the Effective Date, any event has shall have occurred which would have entitled the World Bank Trustee to suspend the right of the Recipient to make withdrawals from the Grant Account if this the Trust Fund Grant Agreement had been effective, the World Bank Trustee may postpone the dispatch of the notice referred to in paragraph (a) of this Section until such event (or events) has (or have) events shall have ceased to exist. 5.04Section 5.03. This If the Trust Fund Grant Agreement and all obligations of the parties under it shall terminate if it has not have entered into effect by the date ninety (90) days after the date of this Agreement, the Trust Fund Grant Agreement and all obligations of the parties thereunder shall terminate, unless the World BankTrustee, after consideration of the reasons for the delay, establishes shall establish a later date for the purpose purposes of this Section. The World Bank Trustee shall promptly notify the Recipient of such later date.

EFFECTIVENESS; TERMINATION. 5.01. This Agreement shall not become effective until evidence satisfactory to the World Bank has been furnished to the World Bank that the conditions specified below have been satisfied:. (a) The execution and delivery of this GEF Grant Agreement on behalf of the Recipient has have been duly authorized or ratified by all necessary governmental action. (b) The Project Implementation Manual, satisfactory to the World Bank, has been adopted by the Recipient. (c) The Albania GEF Subsidiary Agreement has been executed and delivered and all conditions precedent to its effectiveness, except only effectiveness or to the right of AFAP to make withdrawals under it (other than the effectiveness of this GEF Agreement between Montenegro and the World Bank, Agreement) have been fulfilled. (c) The Project Operations Manual has been adopted by the Recipient in form and substance satisfactory to the Bank. (d) The MOU, satisfactory to the World Bank, Financing Agreement has been executed and is legally binding upon delivered and all conditions precedent to its effectiveness or to the parties in accordance with right of the Recipient to make withdrawals under it (other than the effectiveness of this Agreement) have been fulfilled. (e) The GCF Financing Agreement has been executed and delivered and all conditions precedent to its termseffectiveness or to the right of the Recipient to make withdrawals under it (other than the effectiveness of this Agreement) have been fulfilled. 5.02. As part of By signing the evidence to be furnished pursuant to Section 5.01 (a)Grant Agreement, there the Recipient shall be furnished deemed to represent and warrant that on the World Bank an opinion or opinions satisfactory to Signature Date, the World Bank of counsel acceptable to the World Bank or, if the World Bank so requests, a certificate satisfactory to the World Bank of a competent official of the Member Country, showing on behalf of the Recipient, that this Grant Agreement has been duly authorized or ratified by, and executed and delivered on its behalf of, the Recipient and is legally binding upon it the Recipient in accordance with its terms, except where additional action is required to make such Grant Agreement legally binding. Where additional action is required following the Signature Date, the Recipient shall notify the Bank when such additional action has been taken. By providing such notification, the Recipient shall be deemed to represent and warrant that on the date of such notification the Grant Agreement is legally binding upon the Recipient in accordance with its terms. 5.03. Except as the Recipient and the World Bank shall otherwise agree, this Agreement shall enter into effect on the date upon which the World Bank dispatches to the Recipient notice of its acceptance of the evidence required pursuant to Section 5.01 (“Effective Date”). If, before the Effective Date, any event has occurred which would have entitled the World Bank to suspend the right of the Recipient to make withdrawals from the Grant Account if this Agreement had been effective, the World Bank may postpone the dispatch of the notice referred to in this Section until such event (or events) has (or have) ceased to exist. 5.04. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) days after the date of this Agreement, unless the World Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The World Bank shall promptly notify the Recipient of such later date.