Common use of Local Expenditure Clause in Contracts

Local Expenditure. Except as ADB may otherwise agree, no withdrawals from the Loan Account shall be made in respect of any local expenditure on the Project.

Appears in 4 contracts

Samples: Loan Agreement, Loan Agreement, Loan Agreement

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Local Expenditure. Except as ADB the Bank may otherwise agree, no withdrawals from the Loan Account shall be made in respect of any local expenditure on the Project.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement

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Local Expenditure. Except as provided in this paragraph or as ADB may otherwise agree, no withdrawals from the Loan Account shall be made in respect of any local expenditure on the Project.

Appears in 1 contract

Samples: Loan Agreement

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