Government Contribution. In accordance with Section 2.6(a) of the Compact, the Government shall make a Government Contribution toward meeting the objectives of the Compact. Such contribution shall be in addition to the Government’s spending allocated toward such objectives in its budget for the year immediately preceding the year that the Compact is signed and shall comply with the provisions of the Guidelines for Country Contributions. Xxxxx XXX to this Agreement sets forth the budget allocation of the Government Contribution to the Projects and Program Administration over the Compact Term.
Government Contribution. During the Compact Term, the Government will make contributions, relative to its national budget and taking into account prevailing economic conditions, as are necessary to carry out the Government’s responsibilities under Section 2.6(a) of this Compact. These contributions may include in-kind and financial contributions (including obligations of Benin on any debt incurred toward meeting these contribution obligations). In connection with this obligation the Government has developed a budget over the Compact Term to complement MCC Funding through budget allocations to each of the Projects and Program Administration. The Government will make a contribution of approximately US$28,125,000 (or 7.5 percent of the amount of MCC Funding provided under this Compact) over the Compact Term. The Government will allocate such contribution in the national budget according to a multi-year plan. The Government will provide evidence of the approval thereof to MCC prior to entry into force. In the event that deobligation of the On-Grid Tranche Funding or the Off-Grid Tranche Funding occurs in accordance with Section 8.3(a) of this Compact, the obligation for the corresponding Government contribution will cease to apply. Such contributions will be in addition to the Government’s spending toward such Project Objectives in its budget for the year immediately preceding the establishment of this Compact. The Government’s contribution will be subject to any legal requirements in Benin for the budgeting and appropriation of such contribution, including approval of the Government’s budget by its legislature. The Parties may set forth in the Program Implementation Agreement or other appropriate Supplemental Agreements certain requirements regarding this Government contribution, which requirements may be conditions precedent to the Disbursement of MCC Funding. During implementation of the Program, the Government’s contributions may be modified or new contributions added with MCC approval, provided that the modified or new contributions continue to advance the Project Objectives.
1. Policy Reform & Institutional Strengthening Project Sub-total 1,673,000 5,689,600 11,860,600 11,030,600 7,183,600 3,790,600 41,228,000 Sub-total 6,804,000 14,994,400 17,642,400 15,711,600 721,600 - 55,874,000 3. Electricity Distribution Project Sub-total 2,779,000 23,797,400 33,032,400 27,318,400 16,262,200 6,521,600 109,711,000 4. O ff-Grid Electricity Access Project - Tranche I
4.1 Off-Grid Clean Energy...
Government Contribution. The Government Contribution may include in-kind and financial contributions (including obligations of Nepal on any debt incurred toward meeting these contribution obligations). In connection with this obligation, the Government has developed a budget over the Compact Term to complement MCC Funding through budget allocations to the Compact Program. The Government Contribution is US$130,000,000. The Government Contribution includes a contribution of US$40,000,000 following Compact-signing but prior to entry into force of the Compact. The remaining contribution of US$90,000,000 will be committed by the Government prior to the initial disbursement of Program Funding and subsequently disbursed within the Compact Term. The Government Contribution is exclusive of the Government’s other obligations in the Compact including exemption of all Taxes. The Government Contribution will be subject to any legal requirements in Nepal for the budgeting and appropriation of such contribution, including approval of the Government’s annual budget by its legislature. The Parties may set forth in the Program Implementation Agreement or other appropriate Supplemental Agreements certain requirements regarding this Government Contribution, which requirements may be conditions precedent to the Disbursement of MCC Funding.
1. Electricity Transmission Project (a) Transmission Lines Activity 2,489,000 55,677,000 41,235,000 41,235,000 55,320,000 32,291,000 228,247,000 (b) Substations Activity 2,050,000 19,712,000 22,122,000 22,122,000 30,121,000 17,895,000 114,022,000
Government Contribution. Consistent with the requirements of each of Section 2.6(a) and Annex II of the Compact, as well as Section 2.13 of this Program Implementation Agreement, the Government will make the Government Contribution over the Compact Term to supplement MCC Funding through direct financial contributions toward expenditures of MCA-Benin II, or as otherwise agreed by the Parties in writing. The Government Contribution does not incorporate costs incurred by the Government prior to the Compact. Any reallocation across any line item or time period of the amounts below must be agreed to in writing between MCA-Benin II and MCC. The Government Contribution will support:
Government Contribution. The company received an operating contribution from the Norwegian government totalling NOK 177.4 million excluding VAT in 2003. NOK 167.8 million of the government contribution for the year covered operating costs. In addition, net investment in 2003 came to NOK 14.9 million. The net loss after financial items was NOK 3.3 million, which is covered from other equity.
Government Contribution.
(a) In accordance with Section 2.6(a) of the Compact, the Government will make an appropriate contribution, relative to its national budget and taking into account prevailing economic conditions, toward meeting the objectives of the Compact (“Government Contribution”). Such contribution will be in addition to the Government’s spending allocated toward such objectives in its budget for its fiscal year 2014. The Government’s anticipated contributions from its national budget for fiscal years 2015 through 2019 are set forth in Annex 3 to this Agreement. Such contributions remain subject to any legal requirements in El Salvador for the budgeting and appropriation of such contributions, including approval of the Government’s annual budget by El Salvador’s legislature. The Government’s contribution may include in-kind and financial contributions (including obligations of the Government on any debt incurred toward meeting the Objectives).
(b) Unless otherwise agreed by the Parties in writing, contributions denominated in a currency other than that of El Salvador will be recorded and converted to U.S. dollars at the exchange rate on the date the contribution payment is made or using an average rate over the period of contribution, in each case, using the exchange rates published by the central bank of El Salvador or such other source acceptable to MCC.
Government Contribution. In accordance with Section 2.6(a) of the Compact, the Government will make an appropriate contribution, relative to its national budget and taking into account prevailing economic conditions, toward meeting the objectives of the Compact. Such contribution will be in addition to the Government’s spending allocated toward such objectives in its budget for its fiscal year 2009. The Government’s anticipated contributions from its national budget for fiscal years 2010 through 2015 are set forth in Schedule 3 to this Agreement. Such contributions remain subject to any legal requirements in Jordan for the budgeting and appropriation of such contributions, including approval of the annual budget by the Government. The Government’s contribution may include in-kind and financial contributions (including obligations of the Government on any debt incurred toward meeting the Objectives).
Government Contribution. 1. The Government shall provide to UNICEF as mutually agreed upon and to the extent possible:
(a) Appropriate office premises for the UNICEF office, alone or in conjunction with the United Nations system organizations;
(b) Costs of postage and telecommunications for official purposes;
(c) Costs of local services such as equipment, fixtures and maintenance of office premises;
(d) Transportation for UNICEF officials, experts on mission and persons performing services for UNICEF in the performance of their official functions in the country.
2. The Government shall also assist UNICEF:
(a) In the location and/or in the provision of suitable housing accommodation for internationally recruited UNICEF officials, experts on mission and persons performing services for UNICEF;
(b) In the installation and supply of utility services, such as water, electricity, sewerage, fire protection services and other services, for UNICEF office premises.
3. In the event that UNICEF does not maintain a UNICEF office in the country, the Government undertakes to contribute towards the expenses incurred by UNICEF in maintaining a UNICEF regional/area office elsewhere, from which support is provided to the programmes of cooperation in the country, up to a mutually agreed amount, taking into account contributions in kind, if any.
Government Contribution. (a) In accordance with Section 2.6(a) of the Compact, the Government shall make a Government Contribution toward meeting the objectives of the Compact. Such contribution shall be in addition to the Government’s spending allocated toward such objectives in its budget for the year immediately preceding the year that the Compact is signed and shall comply with the provisions of the Guidelines for Country Contributions. Xxxxx XXX to this Agreement sets forth the budget allocation of the Government Contribution to the Projects and program administration over the Compact Term.
(b) Unless otherwise agreed by the Parties in writing, contributions denominated in the local currency of Malawi or other foreign currency shall be recorded and converted to United States Dollars at the exchange rate on the date the contribution payment is made or using an average rate over the period of contribution, in each case, using the exchange rates published by the central bank of Malawi or such other source acceptable to MCC.
Government Contribution. The Government will contribute US$2,880,000 to the Fruit Tree Sector Services Project Activity, as more specifically set forth in the Program Implementation Agreement. Provincial agricultural administrations (Directions Provinciales de l’Agriculture) will be responsible for the operation and maintenance of the main works on the PMH and oasis irrigation systems, essentially the diversion weirs and large canals. The Government will also fund the cost of the remedial measures agreed to by the Government and MCC for the saddle dam portion of the Hassan Addakhil Dam on the Ziz River above the US$5,000,000 to be financed by MCC Funding. The Government will ensure that adequate financial resources are available to assist farmers participating in the Rain-fed Olive, Almond and Fig Tree Intensification and Expansion Project Activity.