Common use of Interest and Other Financing Costs Clause in Contracts

Interest and Other Financing Costs. Interest and other financing costs of carrying out the ESWA efficiently and within a reasonable time are eligible ESWA costs, provided that: (i) The interest and financing costs claimed do not exceed the cost of the most favorable financing terms reasonably available for the Project at the time of borrowing; (ii) The Recipient has certified that it will show reasonable diligence in seeking the most favorable financing terms; and (iii) The Recipient is able to show reasonable diligence in seeking the most favorable financing terms to support this ESWA.

Interest and Other Financing Costs. Interest and other financing costs of carrying out the ESWA efficiently and within a reasonable time are eligible ESWA costs, provided that: (ia) The interest and financing costs claimed do not exceed the cost of the most favorable financing terms reasonably available for the Project at the time of borrowing;, (iib) The Recipient has certified that it will show reasonable diligence in seeking the most favorable financing terms; , and (iiic) The Recipient is able to show reasonable diligence in seeking the most favorable financing terms to support this ESWA.

Interest and Other Financing Costs. Interest and other financing costs of carrying out the ESWA efficiently and within a reasonable time are eligible ESWA costs, provided that: (ia) The interest and financing costs claimed do not exceed the cost of the most favorable financing terms reasonably available for the Project at the time of borrowing;, (iib) The Recipient has certified that it will show reasonable diligence in seeking the most favorable financing terms; , and (iiic) The Recipient is able to show reasonable diligence in seeking the most favorable financing terms to support this ESWA.,