Grants to Recipients Sample Clauses

Grants to Recipients. 8.1. The Bank shall, as administrator of the Trust Fund on behalf of the Donors, enter into one or more grant agreements (the “Grant Agreements”) with recipients (the “Recipients”) consistent with the purposes of this Administration Agreement and on the terms and conditions set forth in the Grant Agreements. Grant Agreements may be entered into up to the maximum amount of the Contributions that all Donors have agreed to make available under the Administration Agreements between the Bank and the Donors. 8.2. The Bank shall be responsible for the supervision of the activities financed under any Grant Agreements. Subject to the consent of any relevant Recipients, representatives of the Donors may be invited by the Bank to participate in Bank supervision missions related to the Trust Fund. 8.3. The Bank shall promptly inform the Donors of any significant modification to the terms of any Grant Agreements and of any contractual remedies that are exercised by the Bank under any Grant Agreements. To the extent practicable, the Bank shall afford the Donors the opportunity to exchange views before effecting any such modification or exercising any such remedy.

Grants to Recipients. 4.1. The Bank will, as administrator on behalf of the Donors, enter into grant agreements (the “Grant Agreements”) with one or more entities (the “Recipients”) for the provision of Contribution funds for the purposes of this Agreement and on the terms and conditions set forth in the Grant Agreements. The Bank will furnish a copy of the Grant Agreements to the Donors. 4.2. The Bank will be solely responsible for the supervision of GFDRR Track 2 MDTF activities financed under the Grant Agreements.

Grants to Recipients. 4.1 The Bank, as Principal Delivery Partner on behalf of the Contributors, if so decides, may enter into grant agreements (the “Grant Agreements”) with eligible recipients (the “Recipients”) consistent with the purposes of this Agreement and on the terms and conditions set forth in the Grant Agreements. Grant Agreements may be entered into up to the maximum amount of the Contributions allocated by the Partnership Assembly or Partnership Committee, as applicable, for the Bank to enter into the Grant Agreements. Upon request by a Contributor, the Bank shall furnish a copy of the Grant Agreements to the Contributors. 4.2 The Bank shall be responsible for the supervision of the activities financed under the Grant Agreements. Subject to the consent of the relevant Recipients, representatives of the Contributors may be invited by the Bank to participate in Bank supervision missions related to the Trust Fund. 4.3 The Bank shall promptly inform the Contributors of any significant modification to the terms of any Grant Agreements and of any contractual remedies that are exercised by the Bank under any Grant Agreements. To the extent practicable, the Bank shall afford the Contributors the opportunity to exchange views before effecting any such modification or exercising any such remedy.

Grants to Recipients. 4.1. The Bank will, as administrator of the Trust Fund on behalf of the Donors, enter into grant agreement (the “Grant Agreements”) with eligible recipients selected in accordance with the terms of Annex 1 (the “Recipients”) consistent with the purposes of this Arrangement and on the terms and conditions set forth in the Grant Agreements. Grant Agreements may be entered into up to the maximum amount of the Contributions that all Donors have agreed to make available under the Administration Agreements or Arrangements between the Bank and the Donors. Upon request by a Donor, the Bank will furnish a copy of the Grant Agreements to the Donors. 4.2. The Bank will be responsible for the supervision of the activities financed under the Grant Agreements. Subject to the consent of the relevant Recipients, representatives of the Donors may be invited by the Bank to participate in Bank supervision missions related to the Trust Fund. 4.3. The Bank will promptly inform the Donors of any significant modification to the terms of any Grant Agreements and of any contractual remedies that are exercised by the Bank under any Grant Agreements. To the extent practicable, the Bank will afford the Donors the opportunity to exchange views before effecting any such modification or exercising any such remedy.

Grants to Recipients. 4.1. The Bank shall, as administrator of the Trust Fund on behalf of the Donors, enter into grant agreements (the “Grant Agreements”) with eligible recipients (the “Recipients”) consistent with the purposes of this Agreement and on the terms and conditions set forth in the Grant Agreements. Grant Agreements may be entered into up to the maximum amount of the Contributions (less applicable Bank fees and charges) that all Donors have agreed to make available under the Administration Agreements between the Bank and the Donors. Upon request by a Donor, the Bank shall furnish a copy of the Grant Agreements to the Donors. 4.2. The Bank shall be responsible for the supervision of the activities financed under the Grant Agreements. Subject to the consent of the relevant Recipients, representatives of the Donors may be invited by the Bank to participate in Bank supervision missions related to the Trust Fund. 4.3. The Bank shall promptly inform the Donors of any significant modification to the terms of any Grant Agreements and of any contractual remedies that are exercised by the Bank under any Grant Agreements. To the extent practicable, the Bank shall afford the Donors the opportunity to exchange views before effecting any such modification or exercising any such remedy.

Grants to Recipients. 4.1. The Bank shall, as administrator of the Trust Fund on behalf of the Donors, enter into grant agreements (the “Grant Agreements”) with eligible recipients (the “Recipients”) consistent with the purposes of this Agreement and on the terms and conditions set forth in the Grant Agreements. Grant Agreements may be entered into up to the maximum amount of the Contributions that all Donors have agreed to make available under the Administration Agreements between the Bank and the Donors. Upon request by a Donor, the Bank shall furnish a copy of the Grant Agreements to the Donors. 4.2. The Bank shall be responsible for the supervision of the activities financed under the Grant Agreements. Subject to the consent of the Recipients, representatives of the Donors may be invited by the Bank to participate in Bank supervision missions related to the Trust Fund. 4.3. The Bank shall promptly inform the Donors of any significant modification to the terms of any Grant Agreements and of any contractual remedies that are exercised by the Bank under any Grant Agreements. To the extent practicable, the Bank shall afford the Donors the opportunity to exchange views before effecting any such modification or exercising any such remedy.

Grants to Recipients. 3.1. The Trustee may, as administrator of the CADF and in accordance with the Instrument and any additional documents related thereto, enter into grant agreements (the “Grant Agreements”) with one or more entities (the “Recipients”) for the provision of CADF Funds. 3.2. The Trustee shall be solely responsible for the supervision of activities financed under the Grant Agreements.

Grants to Recipients. 4.1. The Bank will, as administrator on behalf of the Donors, enter into grant agreements (the “Grant Agreements”) with one or more entities (the “Recipients”) for the provision of Contribution funds for the purposes of this Agreement and on the terms and conditions set forth in the Grant Agreements. The Bank will furnish a copy of the Grant Agreements to the Donors. 4.2. The Bank will be solely responsible for the supervision of GFDRR Track 3 Technical Assistance MDTF activities financed under the Grant Agreements. 4.3. If, in the Bank’s opinion, an amount of the Contribution funds allocated to any of the expenditure categories specified in Annex 1 to this Agreement will be insufficient to finance the expenditures for such category, the Bank may reallocate to such category an amount of the Contribution funds then allocated to another category which, in the Bank’s opinion, will not be necessary to meet other expenditures. The Bank will notify the Donors of such a reallocation.

Grants to Recipients. 4.1. XXX will, as administrator on behalf of the Donors, enter into grant agreements (the “Grant Agreements”) with one or more entities (the “Recipients”) for the provision of Contribution funds for the purposes of this Agreement and on the terms and conditions set forth in the Grant Agreements. XXX will furnish a copy of each Grant Agreement to the Donors. 4.2. XXX will be solely responsible for the supervision of Project activities financed under the Grant Agreements. 4.3. If, in IDA’s opinion, an amount of the Contribution funds allocated to any of the expenditure categories specified in the Grant Agreements will be insufficient to finance the expenditures for such category, the Bank may reallocate to such category an amount of the Contribution funds then allocated to another category which, in IDA’s opinion, will not be necessary to meet other expenditures. XXX will notify the Donors of such a reallocation.

Grants to Recipients. 4.1 All grants to be made for projects to be administered under this Trust Fund, including grants which will finance UN-implemented activities to which the FPA applies and all contributions to support other Bank-administered multi-donor trust funds, shall be approved by a committee comprising representatives from various units within the Bank (the “Committee”). 4.2 For all grants approved by the Committee pursuant to Section 4.1 above, the Bank shall, as administrator on behalf of the Donors, enter into (i) grant agreements (the “Grant Agreements”); or (ii) when the Contribution will finance UN-implemented activities to which the FPA applies, disbursement agreements (the “Disbursement Agreements”), each for the provision of Contribution funds for the purposes of this Agreement and on the terms and conditions set forth in the respective Grant Agreement or Disbursement Agreement. Grant Agreements and Disbursement Agreements may be entered into for amounts up to the maximum Contribution funds that all Donors intend to make available to the Trust Fund. The Bank shall furnish a copy of the Grant Agreements and Disbursement Agreements to the Donors upon request. 4.3 Except where activities under a grant or a portion thereof are implemented by a UN agency or programme that is a signatory to the FPA, whether as a direct or subsidiary grant recipient, or unless otherwise agreed, the Bank shall be solely responsible for the supervision of Project activities financed under the Grant Agreements. Where Contribution funds are used to finance activities to which the FPA applies, the Bank’s responsibilities will be those set out in the Disbursement Agreements that specifically provide for UN implementation of all or part of the activities financed under a given grant. 4.4 For grants to UN Agencies where the FPA applies, the UN Agency shall be responsible for the utilization of any funds it receives from the Trust Fund, in accordance with the terms and conditions set forth in the Disbursement Agreement.