Common use of Financial and Operational Arrangements Clause in Contracts

Financial and Operational Arrangements. 1. In accordance with the Project Budget, UNDP has allocated and will make available to the NGO funds up to the maximum amount of 930,000 USD. The first installment based on the first Quarterly Workplan will be advanced to the NGO through the Payment Request for Advance of Funds, following the signature of the present Agreement. The second and subsequent instalments will be advanced to the NGO quarterly, when a financial report and other agreed-upon documentation, as referenced in Article X, below, for the activities completed have been submitted to and accepted by UNDP as showing satisfactory management and use of UNDP resources.

Financial and Operational Arrangements. 1. In accordance with the Project Budget, UNDP has allocated and will make available to the NGO funds up to the maximum amount of 930,000 USDUSD 2,639,037 (two millions six hundred thirty nine thousand and thirty seven US Dollars only). The first installment based on the first Quarterly Workplan will be advanced to the NGO through the Payment Request for Advance of Funds, within 10 (ten) working days following the signature of the present Agreement. The second and subsequent instalments will be advanced to the NGO quarterly, when a quarterly basis1 after the financial report and other agreed-upon documentation, as referenced in Article X, below, for the activities completed have been submitted to and accepted by UNDP as showing satisfactory management and use of UNDP resources.

Financial and Operational Arrangements. 1. In accordance with the Project Budget, UNDP has allocated and will make available to the NGO funds up to the maximum amount of 930,000 USD[total amount of Agreement]. The first installment based on the of [amount of first Quarterly Workplan installment] will be advanced to the NGO through the Payment Request for Advance within [number of Funds, working days] working days following the signature of the present Agreement. The second and subsequent instalments will be advanced to the NGO quarterly, when a financial report and other agreed-upon documentation, as referenced in Article X, below, for the activities completed have been submitted to and accepted by UNDP as showing satisfactory management and use of UNDP resources.

Financial and Operational Arrangements. 1. In accordance with the Project Budget, UNDP has allocated and will make available to the NGO funds up to the maximum amount of 930,000 USD[total amount of Agreement]. The first installment based on the instalment of [amount of first Quarterly Workplan instalment] will be advanced to the NGO through the Payment Request for Advance within [number of Funds, working days] working days following the signature of the present Agreement. The second and subsequent instalments will be advanced to the NGO quarterly, when a financial report and other agreed-upon documentation, as referenced in Article X, below, for the activities completed have been submitted to and accepted by UNDP as showing satisfactory management and use of UNDP resources.