Institutional and Other Arrangements. 1. To facilitate the carrying out of the Project, the Recipient shall make the proceeds of the Financing available to the Project State in accordance with the Recipient’s standard arrangements for developmental assistance to the State of India. 2. The Recipient shall protect the interests of the Recipient and the Association to accomplish the purposes of the Financing. 3. The Recipient shall cause the Project State to ensure that Block-Grants for purposes of which withdrawal of Credit proceeds is sought have been prepared in accordance with the procedures and on the terms and conditions set forth or referred to in the PIM.
Appears in 1 contract
Samples: Financing Agreement
Institutional and Other Arrangements. 1. To facilitate the carrying out of the Project, the Recipient shall make the proceeds of the Financing available to the Project State in accordance with the Recipient’s standard arrangements for developmental assistance to the State States of India.
2. The Recipient shall protect the interests of the Recipient and the Association to accomplish the purposes of the Financing.
3. The Recipient shall cause the Project State to ensure that BlockSub-Grants projects, for purposes of which withdrawal of the proceeds of the Credit proceeds is sought sought, shall have been prepared in accordance with the procedures and on the procedures, terms and conditions set forth or referred to in the Project Agreement and in the PIM.
Appears in 1 contract
Samples: Financing Agreement
Institutional and Other Arrangements. 1. To facilitate the carrying out of the Project, the Recipient shall make the proceeds of the Financing available to the Project State in accordance with the Recipient’s standard arrangements for developmental assistance to the State of India.
2. The Recipient shall protect the interests of the Recipient and the Association to accomplish the purposes of the Financing.
3. The Recipient shall cause the Project State to ensure that Block-Grants for purposes of which withdrawal of Credit proceeds is sought have been prepared in accordance with the procedures and on the terms and conditions set forth or referred to in the PIM.
Appears in 1 contract
Samples: Financing Agreement
Institutional and Other Arrangements. 1. To facilitate the carrying out of the Project, the Recipient shall make the proceeds of the Financing available to the Project State in accordance with the Recipient’s standard arrangements for developmental assistance to the State States of India.
2. The Recipient shall protect the interests of the Recipient and the Association to accomplish the purposes of the Financing.
3. The Recipient shall cause the Project State to ensure that BlockSub-Grants projects, for purposes of which withdrawal of the proceeds of the Credit proceeds is sought sought, shall have been prepared in accordance with the procedures and on the procedures, terms and conditions set forth or referred to in the Project Agreement and in the PIM.
Appears in 1 contract
Samples: Financing Agreement