Common use of Funded Agreements; General Provisions Annex Clause in Contracts

Funded Agreements; General Provisions Annex. MCA-Benin II will provide the Fiscal Agent (and MCC, if it so requests) a copy of each agreement that is funded (directly or indirectly) with MCC Funding (each, a “Funded Agreement”), regardless of whether MCC has approval rights with respect to such agreement. Unless otherwise instructed by MCC, MCA-Benin II will include in each Funded Agreement (i) a covenant that the counterparty to such agreement (each, a “Counterparty”) will comply with (A) the General Provisions Annex and (B) any instruction received by such Counterparty from MCC regarding the performance by such Counterparty of the terms of the General Provisions Annex notwithstanding any other instruction given by MCA-Benin II; and (ii) a right for MCA-Benin II to terminate such Funded Agreement if such Counterparty fails to comply with the General Provisions Annex or any such instruction of MCC.

Appears in 2 contracts

Samples: Program Implementation Agreement, Program Implementation Agreement

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Funded Agreements; General Provisions Annex. MCA-Benin II Morocco will provide the Fiscal Agent (and MCC, MCC if it so requests) a copy of each agreement that is funded (directly or indirectly) with MCC Funding (eacheach a, a “Funded Agreement”), regardless of whether MCC has approval rights with respect to such agreement. Unless otherwise instructed by MCC, MCA-Benin II Morocco will include in each Funded Agreement (i) a covenant that the counterparty to such agreement (eacheach a, a “Counterparty”) will comply with (A) the General Provisions Annex and (B) any instruction received by such Counterparty from MCC regarding the performance by such Counterparty of the terms of the General Provisions Annex notwithstanding any other instruction given by MCA-Benin IIMorocco; and (ii) a right for MCA-Benin II MCC to terminate such Funded Agreement if such Counterparty fails to comply with the General Provisions Annex or any such instruction of MCC.

Appears in 1 contract

Samples: Program Implementation Agreement

Funded Agreements; General Provisions Annex. MCA-Benin II Nepal will provide the Fiscal Agent (and MCC, MCC if it MCC so requests) a copy of each agreement that is funded (directly or indirectly) with MCC Funding (each, a “Funded Agreement”), regardless of whether MCC has approval rights with respect to such agreement. Unless otherwise instructed by MCC, MCA-Benin II Nepal will include in each Funded Agreement Agreement: (iA) a covenant that the counterparty to such agreement (each, a “Counterparty”) will comply with (Ai) the General Provisions Annex and (Bii) any instruction received by such Counterparty from MCC regarding the performance by such Counterparty of the terms of the General Provisions Annex notwithstanding any other instruction instructions given by MCA-Benin IINepal; and (iiB) a right for MCA-Benin II Nepal to terminate such Funded Agreement if such Counterparty fails to comply with the General Provisions Annex or any such instruction of MCC.

Appears in 1 contract

Samples: Program Implementation Agreement

Funded Agreements; General Provisions Annex. MCA-Benin II will Regional shall provide the Fiscal Agent (and MCC, MCC if it so requests) a copy of each agreement that is funded (directly or indirectly) with MCC Funding or the Government Contribution (eacheach a, a “Funded Agreement”), regardless of whether MCC has approval rights with respect to such agreement. Unless otherwise instructed by MCC, MCA-Benin II will Regional shall include in each Funded Agreement (iA) a covenant that the counterparty to such agreement (eacheach a, a “Counterparty”) will shall comply with (Ai) the General Provisions Annex and (Bii) any instruction received by such Counterparty from MCC regarding the performance by such Counterparty of the terms of the General Provisions Annex notwithstanding any other instruction given by MCA-MCA- Benin IIRegional; and (iiB) a right for MCA-Benin II Regional to terminate such Funded Agreement if such Counterparty fails to comply with the General Provisions Annex or any such instruction of MCC.

Appears in 1 contract

Samples: Program Implementation Agreement

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Funded Agreements; General Provisions Annex. MCA-Benin Malawi II will shall provide the Fiscal Agent (and MCC, MCC if it so requests) a copy of each agreement that is funded (directly or indirectly) with MCC Funding or the Government Contribution (eacheach a, a “Funded Agreement”), regardless of whether MCC has approval rights with respect to such agreement. Unless otherwise instructed by MCC, MCA-Benin Malawi II will shall include in each Funded Agreement (iA) a covenant that the counterparty to such agreement (eacheach a, a “Counterparty”) will shall comply with (Ai) the General Provisions Annex and (Bii) any instruction received by such Counterparty from MCC regarding the performance by such Counterparty of the terms of the General Provisions Annex notwithstanding any other instruction given by MCA-Benin Malawi II; and (iiB) a right for MCA-Benin Malawi II to terminate such Funded Agreement if such Counterparty fails to comply with the General Provisions Annex or any such instruction of MCC.

Appears in 1 contract

Samples: Program Implementation Agreement

Funded Agreements; General Provisions Annex. MCA-Benin II El Salvador will provide the Fiscal Agent (and MCC, MCC if it so requests) a copy of each agreement that is funded (directly or indirectly) with MCC Funding (each, a “Funded Agreement”), regardless of whether MCC has approval rights with respect to such agreement. Unless otherwise instructed by MCC, MCA-Benin II El Salvador will include in each Funded Agreement (i) a covenant that the counterparty to such agreement (each, a “Counterparty”) will comply with (A) the General Provisions Annex and (B) any instruction received by such Counterparty from MCC regarding the performance by such Counterparty of the terms of the General Provisions Annex notwithstanding any other instruction given by MCA-Benin IIEl Salvador; and (ii) a right for MCA-Benin II El Salvador to terminate such Funded Agreement if such Counterparty fails to comply with the General Provisions Annex or any such instruction of MCC.

Appears in 1 contract

Samples: Program Implementation Agreement

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