Common use of General Provisions for Execution of the Project Clause in Contracts

General Provisions for Execution of the Project. (a) The Borrower agrees to execute the Project in accordance with the objectives thereof, with due diligence in an economic, financial, administrative and technically efficient manner and in accordance with the provisions of this Contract and the plans, specifications, investment schedule, budgets, regulations, and other relevant documents of the Project approved by the Bank. The Borrower further agrees that its obligations or those of the Executing Agency, shall be fulfilled to the satisfaction of the Bank.

General Provisions for Execution of the Project. (a) The Borrower agrees to execute undertakes that the Project in accordance with the objectives thereof, shall be executed with due diligence in an economicconformity with sound financial and technical practices, financial, administrative and technically efficient manner and in accordance with the provisions of this Contract and the plans, specifications, investment schedule, budgets, regulations, and other relevant documents of the Project approved by the Bank. The Borrower further agrees undertakes that its obligations or those of the Executing Agency, shall be fulfilled to the satisfaction of the Bank.