Particular Covenants. (a) HPG and HMG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technical, financial, business, and development practices and in accordance with this Project Agreement and the XXX. (b) In carrying out the Project and operating the Project facilities, HPG and HMG shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Agreement to the extent that they are applicable to HPG and HMG, the Project Implementing Agencies and the Project Implementation Units, and all obligations set forth in the Schedule to this Project Agreement. Section 2.02. HPG and HMG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, land and other resources as required, in addition to the proceeds of the Loan, for the carrying out of the Project. (a) In carrying out the Project, HMG shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable to ADB. (b) Except as ADB may otherwise agree, HMG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures to be financed out of the proceeds of the Loan in accordance with the provisions of paragraph 2 of Schedule 4 to the Loan Agreement. ADB may refuse to finance a contract where any such item has not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable to ADB. (c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan. Section 2.04. HMG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request. (a) HMG shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice. (b) Without limiting the generality of the foregoing, HMG undertake to insure, or cause to be insured, the Goods to be imported for the Project against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods. Section 2.06. HMG shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintain, records and accounts adequate to identify the items of expenditure financed out of the proceeds of the Loan, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition. Section 2.07. (a) ADB, HPG and HMG shall, and HPG and HMG shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG and HMG shall, and TDF shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technicaladministrative, financial, businessengineering, environmental and development practices water and in accordance with this Project Agreement and the XXXsanitation practices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG and HMG TDF shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in Schedule 4 to the Loan Grant Agreement to the extent that they are applicable to HPG and HMG, the Project Implementing Agencies and the Project Implementation Units, and all obligations set forth in the Schedule to this Project AgreementTDF.
Section 2.02. HPG and HMG shall, and TDF shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, land services and other resources as which are required, in addition to the proceeds of the LoanGrant, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG TDF shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable to ADBstaff.
(b) Except as ADB may otherwise agree, HMG shall, all goods and shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures services to be financed out of the proceeds of the Loan Grant shall be procured in accordance with the provisions of paragraph Schedule 2 of and Schedule 4 3 to the Loan Grant Agreement. ADB may refuse to finance a contract where any such item has goods or services have not been procured under procedures substantially in accordance with those agreed between the Borrower Recipient and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, and TDF shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, and TDF shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG Section 2.05. TDF shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake to insuremaintain, or cause to be insured, the Goods to be imported for the Project against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainmaintained, records and accounts adequate to identify the goods and services and other items of expenditure financed out of the proceeds of the LoanGrant, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.072.06. (a) ADB, HPG ADB and HMG shall, and HPG and HMG TDF shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall Grant will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG and HMG shall, and DABS shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technicaladministrative, financial, businessengineering, environmental and development practices and in accordance with this Project Agreement and the XXXpublic utility practices.
(b) In carrying out implementing the Project and operating the Project facilities, HPG and HMG DABS shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Grant Agreement to the extent that they are applicable to HPG and HMG, the Project Implementing Agencies and the Project Implementation Units, DABS and all obligations set forth in the Schedule to this Project Agreement.
Section 2.02. HPG and HMG shall, and DABS shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, land equipment, land, and other resources as which are required, in addition to the proceeds of the LoanGrant, for the carrying out implementation of the ProjectProject and the operation and maintenance of the Project facilities.
(a) In carrying out implementing the Project, HMG DABS shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shallall Goods, Works, and shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures consulting services to be financed out of the proceeds of the Loan Grant shall be procured in accordance with the provisions of paragraph 2 of Schedule 4 3 to the Loan Grant Agreement. ADB may refuse to finance a contract where any such item has Goods, Works or consulting services have not been procured under procedures substantially in accordance with those agreed between the Borrower Recipient and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, and DABS shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, and DABS shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG DABS shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of the Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake DABS undertakes to insure, or cause to be insured, the Goods to be imported for the Project and to be financed out of the proceeds of the Grant against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG DABS shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainbe maintained, records and accounts adequate to identify the Goods, Works, consulting services, and other items of expenditure financed out of the proceeds of the LoanGrant, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG ADB and HMG shall, and HPG and HMG DABS shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall Grant will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG and HMG shall, and APG shall cause the Project Implementing Agencies APDOT to and the Project Implementation Units to, APDOT shall carry out the Project with due diligence and efficiency, and in conformity with sound applicable technical, financial, business, and development practices and in accordance with this Project Agreement and the XXXpractices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG APG and HMG APDOT shall perform or and shall cause the IAs to be performed by the Project Implementing Agencies and the Project Implementation Units perform, all obligations set forth in the Loan Agreement to the extent that they are applicable to HPG APG and HMG, the Project Implementing Agencies and the Project Implementation UnitsAPDOT, and all obligations set forth in the Schedule to this Project Agreement.
Section 2.02. HPG and HMG shall, and APG shall cause the Project Implementing Agencies APDOT and the Project Implementation Units to, Borrowing Counties to make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, land and other resources as required, in addition to the proceeds of the Loan, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG APDOT shall employ and shall cause the Project Implementing Agencies and the Project Implementation Units to, IAs to employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shall, and APDOT shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures to be financed out of the proceeds of the Loan in accordance with the provisions of paragraph 2 of Schedule 4 to the Loan Agreement. ADB may refuse to finance a contract where any such item has not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, APDOT shall carry out the Project and shall cause the Project Implementing Agencies and the Project Implementation Units to, IAs to carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, APDOT shall and shall cause the Project Implementing Agencies and the Project Implementation Units to, IAs to furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG APDOT shall and shall cause the Project Implementing Agencies and the Project Implementation Units IAs to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake to APDOT undertakes to, and shall cause the IAs to, insure, or cause to be insured, the Goods to be imported for the Project against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG APG shall through APDOT maintain, and shall cause the IAs to maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainbe maintained, records and accounts adequate to identify the items of expenditure financed out of the proceeds of the Loan, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG and HMG shall, and HPG and HMG shall cause the Project Implementing Agencies APG through APDOT and the Project Implementation Units to, IAs shall cooperate fully to ensure that the purposes of the Loan shall will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG and HMG shall, and UWSCG shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technicaladministrative, financial, businessengineering, environmental, social and development practices and in accordance with this Project Agreement and the XXXpublic utility practices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG and HMG UWSCG shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Agreement to the extent that they are applicable to HPG and HMG, the Project Implementing Agencies and the Project Implementation Units, and all obligations set forth in the Schedule to this Project AgreementUWSCG.
Section 2.02. HPG and HMG shall, and UWSCG shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, equipment, land and other resources as required, in addition to the proceeds of the Loan, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG UWSCG shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shall, and UWSCG shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures to be financed out of the proceeds of the Loan in accordance with the provisions of paragraph 2 of Schedule 4 to the Loan Agreement. ADB may refuse to finance a contract where any such item has not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, and UWSCG shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, and UWSCG shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG UWSCG shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of the Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake UWSCG undertakes to insure, or cause to be insured, the Goods to be imported for the Project against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG UWSCG shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainbe maintained, records and accounts adequate to identify the items of expenditure financed out of the proceeds of the Loan, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG ADB and HMG shall, and HPG and HMG UWSCG shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG YPG and HMG shall, and PMG shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technical, financial, business, and development practices and in accordance with this Project Agreement and the XXXpractices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG YPG and HMG PMG shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Agreement to the extent that they are applicable to HPG YPG and HMG, the Project Implementing Agencies and the Project Implementation UnitsPMG, and all obligations set forth in the Schedule to this Project Agreement.
Section 2.02. HPG and HMG YPG shall, and or shall cause the Project Implementing Agencies and the Project Implementation Units PMG to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, land and other resources as required, in addition to the proceeds of the Loan, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG YPG shall cause the Project Implementing Agencies PMG to, and the Project Implementation Units toPMG shall, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shallYPG shall cause PMG to, and shall cause the Project Implementing Agencies and the Project Implementation Units toPMG shall, procure all items of expenditures to be financed out of the proceeds of the Loan in accordance with the provisions of paragraph 2 of Schedule 4 to the Loan Agreement. ADB may refuse to finance a contract where any such item has not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shallYPG shall cause PMG to, and shall cause the Project Implementing Agencies and the Project Implementation Units toPMG shall, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, YPG and PMG shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG Section 2.05. YPG shall cause the Project Implementing Agencies PMG to, and the Project Implementation Units to PMG shall, take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake to insureSection 2.06. YPG and PMG shall maintain, or cause to be insured, the Goods to be imported for the Project against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainmaintained, records and accounts adequate to identify the items of expenditure financed out of the proceeds of the Loan, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG ADB and HMG shall, YPG and HPG and HMG PMG shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG and HMG shall, PEPCO shall carry out the Support Project and shall cause the Project Implementing Agencies and the Project Implementation Units to, DISCO to carry out the Investment Project with due diligence and efficiency, and in conformity with sound applicable technicaladministrative, financial, businessengineering, environmental and development practices and in accordance with this Project Agreement and the XXXsocial safeguard practices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG and HMG PEPCO shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in each of the Loan Agreement Agreements to the extent that they are applicable to HPG and HMG, the Project Implementing Agencies and the Project Implementation Units, PEPCO and all its obligations set forth in the Schedule to this Project Agreement.
Section 2.02. HPG and HMG shall, and PEPCO shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, land services and other resources as which are required, in addition to the proceeds of the Loan, for the carrying out of the Support Project.
(a) In the carrying out of the Support Project, HMG PEPCO shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractorsconsultants, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures consulting services to be financed out of the proceeds of the Special Operations Loan shall be procured in accordance with the provisions of paragraph 2 of Schedule 4 to the each of this Loan Agreement. ADB may refuse to finance a contract where any such item has consulting services have not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shallPEPCO shall carry out, and shall and/or cause the Project Implementing Agencies and the Project Implementation Units toto be carried out, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, and PEPCO shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG PEPCO shall cause insurance of the Project Implementing Agencies and the Project Implementation Units Goods to take be taken out and maintain maintained with responsible insurers, or make other arrangements satisfactory to ADB for, to be made for insurance of Project facilities the Goods, to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG PEPCO shall cause DISCO to undertake to insure, or cause to be insured, ensure the Goods to be imported for and to be financed out of the Project proceeds of the Ordinary Operations Loan against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG PEPCO shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainbe maintained, records and accounts adequate to identify the Goods, Works and consulting services and other items of expenditure financed out of the proceeds of the Loan, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG ADB and HMG shall, and HPG and HMG PEPCO shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG and HMG shall, and CMC shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technicaladministrative, financial, businessengineering, environmental and development practices and in accordance with this Project Agreement and the XXXpublic utility practices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG and HMG CMC shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in each of the Loan Agreement Agreements to the extent that they are applicable to HPG and HMG, the Project Implementing Agencies and the Project Implementation Units, and all obligations set forth in the Schedule to this Project AgreementCMC.
Section 2.02. HPG and HMG shall, and CMC shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, equipment, land and other resources as which are required, in addition to the proceeds of the LoanLoans, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG CMC shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shallall Goods, Works and shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures consulting services to be financed out of the proceeds of the Loan Loans shall be procured in accordance with the provisions of paragraph 2 of Schedule 4 to the their respective Loan AgreementAgreements. ADB may refuse to finance a contract where any such item has Goods, Works or consulting services have not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, and CMC shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, and CMC shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG CMC shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, for insurance of the Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake CMC undertakes to insure, or cause to be insured, the Goods to be imported for the Project and to be financed out of the proceeds of the Loans against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG CMC shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainbe maintained, records and accounts adequate to identify the items of expenditure Goods, Works and consulting services financed out of the proceeds of the LoanLoans, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG ADB and HMG shall, and HPG and HMG CMC shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall Loans will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG and HMG WMG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units PIAs to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technicaladministrative, financial, businessengineering, and development practices and in accordance with this Project Agreement and the XXXenvironmental and, where applicable, wastewater or stormwater management practices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG WMG shall, and HMG shall cause the PIAs to, perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Agreement to the extent that they are applicable to HPG and HMG, the Project Implementing Agencies WMG and the Project Implementation Units, PIAs and all obligations set forth in the Schedule to this Project Agreement.
Section 2.02. HPG and HMG shallWMG shall make available, and shall cause the Project Implementing Agencies and the Project Implementation Units to, make to be made available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, equipment, land and other resources as which are required, in addition to the proceeds of the Loan, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG WMG shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions contractors acceptable to ADB.
(b) Except as ADB may otherwise agree, HMG shall, all goods and shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures services to be financed out of the proceeds of the Loan shall be procured in accordance with the provisions of paragraph 2 of Schedule 4 to the Loan Agreement. ADB may refuse to finance a contract where any such item has goods or services have not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG WMG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units PIAs to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, and WMG shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG WMG shall, or shall cause the Project Implementing Agencies and the Project Implementation Units concerned PIA to take out and maintain with responsible insurers, or make other necessary arrangements satisfactory to ADB for, for insurance of the Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG WMG undertakes and cause the PIAs to undertake to insure, or cause to be insured, the Goods goods to be imported for the Project and to be financed out of the proceeds of the Loan against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goodsgoods.
Section 2.06. HMG HPG and WMG shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units concerned PIA to maintain, records and accounts adequate to identify the goods and services and other items of expenditure financed out of the proceeds of the Loan, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG and HMG shall, and HPG and HMG WMG shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan will be accomplished and WMG shall ensure that the PIAs cooperate with ADB to ensure that the purposes of the Loan will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG and HMG shall, and SIWA shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technical, financial, business, and development practices and in accordance with this Project Agreement and the XXXpractices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG and HMG SIWA shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Grant Agreement to the extent that they are applicable to HPG and HMG, the Project Implementing Agencies and the Project Implementation UnitsSIWA, and all obligations set forth in the Schedule to this Project Agreement.
Section 2.02. HPG and HMG shall, and SIWA shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, land and other resources as required, in addition to the proceeds of the LoanGrant, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG SIWA shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shall, and SIWA shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures to be financed out of the proceeds of the Loan Grant in accordance with the provisions of paragraph 2 of Schedule 4 3 to the Loan Grant Agreement. ADB may refuse to finance a contract where any such item has not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, and SIWA shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, and SIWA shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG SIWA shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake SIWA undertakes to insure, or cause to be insured, the Goods to be imported for the Project against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG SIWA shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainbe maintained, records and accounts adequate to identify the items of expenditure financed out of the proceeds of the LoanGrant, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG ADB and HMG shall, and HPG and HMG SIWA shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall Grant will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG and HMG shall, and AEC shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technical, financial, business, and development practices and in accordance with this Project Agreement and the XXXpractices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG and HMG AEC shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Grant Agreement and the XXX to the extent that they are applicable to HPG and HMG, the Project Implementing Agencies and the Project Implementation Units, and all obligations set forth in the Schedule to this Project AgreementAEC.
Section 2.02. HPG and HMG shall, and AEC shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, land and other resources as required, in addition to the proceeds of the Loan, for the carrying out of the Project.
(a) Section 2.03. In the carrying out of the Project, HMG AEC shall cause the Project Implementing Agencies select and the Project Implementation Units to, employ engage competent and qualified consultants and contractorsconsultants, acceptable to ADBADB and DOA, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures to be financed out of the proceeds of the Loan in accordance with the provisions of paragraph 2 of Schedule 4 to the Loan Agreement. ADB may refuse to finance a contract where any such item has not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, and AEC shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, and AEC shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG Section 2.05. AEC shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake to insureSection 2.06. AEC shall maintain, or cause to be insured, the Goods to be imported for the Project against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainmaintained, records and accounts adequate to identify the items of expenditure financed out of the proceeds of the LoanGrant, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG ADB and HMG shall, and HPG and HMG AEC shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall Grant will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG and HMG shall, and Punjab shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project TA with due diligence and efficiency, and in conformity with sound applicable technicaladministrative, financial, businessengineering, and development practices and in accordance with this Project Agreement and the XXXenvironmental practices.
(b) In the carrying out of the Project and operating the Project facilitiesTA, HPG and HMG Punjab shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Agreement to the extent that they are applicable to HPG and HMG, the Project Implementing Agencies and the Project Implementation Units, and all obligations set forth in the Schedule to this Project AgreementPunjab.
Section 2.02. HPG and HMG shall, and Punjab shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, land services and other resources as which are required, in addition to the proceeds of the Loan, for the carrying out of the ProjectTA.
(a) In the carrying out of the ProjectTA, HMG Punjab shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractorsconsultants, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures consulting services to be financed out of the proceeds of the Loan shall be procured in accordance with the provisions of paragraph 2 of Schedule 4 to the Loan Agreement. ADB may refuse to finance a contract where any such item has consulting services have not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, and Punjab shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project TA in accordance with implementation plans, design standards, specifications, work schedules schedules, and construction methods acceptable to terms of reference agreed with ADB. HMG shall, and Punjab shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standardsspecifications, specifications and work schedules, terms of reference agreed with ADB, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG Section 2.05. Punjab shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of Project facilities financed under this Loan or otherwise used in the TA to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake to insureSection 2.06. Punjab shall maintain, or cause to be insured, the Goods to be imported for the Project against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainmaintained, records and accounts adequate to identify the consulting services and other items of expenditure financed out of the proceeds of the Loan, to disclose the use thereof in the ProjectTA, to record the progress of the Project TA (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG ADB and HMG shall, and HPG and HMG Punjab shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG NN3PC and HMG shall, and LHSE shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technical, financial, business, and development practices and in accordance with this Project Agreement and the XXXpractices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG NN3PC and HMG LHSE shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Agreement Agreements to the extent that they are applicable to HPG NN3PC and HMG, the Project Implementing Agencies and the Project Implementation Units, and all obligations set forth in the Schedule to this Project AgreementLHSE.
Section 2.02. HPG NN3PC and HMG shall, and LHSE shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, provided, however, that such terms and conditions are in accordance with those under the NN3PC Agreements, the funds, facilities, services, land and other resources as required, in addition to the proceeds of the Loan, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG NN3PC shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable to ADB.
(b) Except as ADB may otherwise agree, HMG shall, and NN3PC shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures to be financed out of the proceeds of the Loan in accordance with the provisions of paragraph 2 of Schedule 4 to the Loan Agreement. ADB may refuse to finance a contract where any such item has not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, and NN3PC shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADBas set forth in the Common Terms Agreement. HMG shall, and NN3PC shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, ADB such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, all as required and in such detail as ADB shall reasonably requestaccordance with the Common Terms Agreement.
Section 2.05. (a) HMG NN3PC shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake to insure, or cause to be insured, the Goods to be imported for the Project against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintain, records and accounts adequate to identify the items of expenditure financed out of the proceeds of the Loan, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG and HMG shall, and HPG and HMG shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG XUARG shall make the proceeds of the Loan available to AMG promptly upon terms and HMG shallconditions acceptable to ADB. Except as ADB may otherwise agree, the terms on which the proceeds of the Loan shall be made available to AMG shall include (i) commitment charge and interest at the same rate as that of the Loan; (ii) the same principal repayment period and grace period as that of the Loan; and (iii) AMG bearing the foreign exchange and interest rate variation risks.
(b) XUARG shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technical, financial, business, and development practices and in accordance with this Project Agreement and the XXXpractices.
(bc) In the carrying out of the Project and operating operation of the Project facilities, HPG and HMG XUARG shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Agreement to the extent that they are applicable to HPG and HMG, the Project Implementing Agencies and the Project Implementation Unitsit, and all obligations set forth in the Schedule to this Project Agreement.
Section 2.02. HPG and HMG shall, and XUARG shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, land and other resources as required, in addition to the proceeds of the Loan, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG XUARG shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shall, and XUARG shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures to be financed out of the proceeds of the Loan in accordance with the provisions of paragraph 2 of Schedule 4 to the Loan Agreement. ADB may refuse to finance a contract where any such item has not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, and XUARG shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, and XUARG shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG XUARG shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory acceptable to ADB forADB, for insurance of Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG XUARG shall undertake to insure, or cause to be insured, the Goods to be imported for the Project against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG XUARG shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainbe maintained, records and accounts adequate to identify the items of expenditure financed out of the proceeds of the Loan, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG ADB and HMG shall, and HPG and HMG XUARG shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG and HMG shall, and HCMC PC shall cause the Project Implementing Agencies and the Project Implementation Units to, through MAUR carry out the Project with due diligence and efficiency, and in conformity with sound applicable technical, financial, business, and development practices and in accordance with this Project Agreement and the XXXpractices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG and HMG HCMC PC shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Agreement to the extent that they are applicable to HPG and HMG, the Project Implementing Agencies and the Project Implementation Units, and all obligations set forth in the Schedule to this Project AgreementHCMC PC.
Section 2.02. HPG and HMG shall, and HCMC PC shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, land and other resources as required, in addition to the proceeds of the Loan, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG HCMC PC shall cause the Project Implementing Agencies and the Project Implementation Units to, through MAUR employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shall, and HCMC PC shall cause the Project Implementing Agencies and the Project Implementation Units to, through MAUR procure all items of expenditures to be financed out of the proceeds of the Loan in accordance with the provisions of paragraph 2 of Schedule 4 to the Loan Agreement. ADB may refuse to finance a contract where any such item has not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, and HCMC PC shall cause the Project Implementing Agencies and the Project Implementation Units to, through MAUR carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, and HCMC PC shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG HCMC PC shall cause the Project Implementing Agencies and the Project Implementation Units to through MAUR take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake HCMC PC through MAUR undertakes to insure, or cause to be insured, the Goods to be imported for the Project against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG HCMC PC shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintain, through MAUR maintain records and accounts adequate to identify the items of expenditure financed out of the proceeds of the Loan, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG ADB and HMG shall, and HPG and HMG HCMC PC shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG GZARG and HMG shall, and BMG shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technical, financial, business, and development practices and in accordance with this Project Agreement and the XXXpractices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG GZARG and HMG BMG shall perform or perform, and shall cause BDIG to be performed by the Project Implementing Agencies and the Project Implementation Units perform, all obligations set forth in the Loan Agreement to the extent that they are applicable to HPG GZARG, BMG and HMG, the Project Implementing Agencies and the Project Implementation UnitsBDIG, and all obligations set forth in the Schedule to this Project Agreement.
Section 2.02. HPG GZARG and HMG shall, and BMG shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, needed and on terms and conditions acceptable to ADB, the funds, facilities, services, land and other resources as required, in addition to the proceeds of the Loan, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG BMG shall employ and shall cause the Project Implementing Agencies and the Project Implementation Units to, BDIG to employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shall, BMG shall procure and shall cause the Project Implementing Agencies and the Project Implementation Units to, BDIG to procure all items of expenditures to be financed out of the proceeds of the Loan in accordance with the provisions of paragraph 2 of Schedule 4 to the Loan Agreement. ADB may refuse to finance a contract where any such item has not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, BMG shall carry out the Project and shall cause the Project Implementing Agencies and the Project Implementation Units to, BDIG to carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, and BMG shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG BMG shall and shall cause the Project Implementing Agencies and the Project Implementation Units BDIG to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake BMG undertakes to and to cause BDIG to insure, or cause to be insured, the Goods to be imported for the Project against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG GZARG and BMG shall and shall cause BDIG to maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainbe maintained, records and accounts adequate to identify the items of expenditure financed out of the proceeds of the Loan, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG GZARG, BMG and HMG shall, and HPG and HMG BDIG shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG and HMG shall, and Balochistan shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technicaladministrative, financial, businessengineering, environmental and development practices and in accordance with this Project Agreement and the XXXdevolved social services practices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG and HMG Balochistan shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the TA Loan Agreement to the extent that they are applicable to HPG and HMG, the Project Implementing Agencies and the Project Implementation Units, and all obligations set forth in the Schedule to this Project AgreementBalochistan.
Section 2.02. HPG and HMG shall, and Balochistan shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, land equipment, and other resources as which are required, in addition to the proceeds of the Loan, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG Balochistan shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shall, all goods and shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures services to be financed out of the proceeds of the Loan shall be procured in accordance with the provisions of paragraph 2 of Schedule 4 and Schedule 5 to the TA Loan Agreement. ADB may refuse to finance a contract where any such item has goods or services have not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG Section 2.04. Balochistan shall engage a procurement agent to carry out the Project in accordance with the terms plans and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods specifications acceptable to ADB. HMG shall, and Balochistan shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, plans and specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG Balochistan shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake Balochistan undertakes to insure, or cause to be insured, the Goods goods to be imported for the Project and to be financed out of the proceeds of the Loan against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goodsgoods.
Section 2.06. HMG Balochistan shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainbe maintained, records and accounts adequate to identify the goods and services and other items of expenditure financed out of the proceeds of the Loan, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG ADB and HMG shall, and HPG and HMG Balochistan shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG and HMG shall, and KMC shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technicaladministrative, financial, businessengineering, environmental, and development practices and in accordance with this Project Agreement and the XXXurban transport practices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG and HMG KMC shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Financing Agreement to the extent that they are applicable to HPG and HMG, the Project Implementing Agencies and the Project Implementation Units, and all obligations set forth in the Schedule to this Project AgreementKMC.
Section 2.02. HPG and HMG shall, and KMC shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, equipment, land and other resources as which are required, in addition to the proceeds of the LoanLoan and the Grant, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG KMC shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shall, all goods and shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures services to be financed out of the proceeds of the Loan and the Grant shall be procured in accordance with the provisions of paragraph 2 of Schedule 4 and Schedule 5 to the Loan Financing Agreement. ADB may refuse to finance a contract where any such item has goods or services have not been procured under procedures substantially in accordance with those agreed between the Borrower Beneficiary and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, and KMC shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, and KMC shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG KMC shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake KMC undertakes to insure, or cause to be insured, the Goods goods to be imported for the Project and to be financed out of the proceeds of the Grant against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goodsgoods.
Section 2.06. HMG KMC shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainbe maintained, records and accounts adequate to identify the goods and services and other items of expenditure financed out of the proceeds of the LoanGrant, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG ADB and HMG shall, and HPG and HMG KMC shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall and the Grant will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG and HMG shall, and BWDB shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technical, financial, business, and development practices and in accordance with this Project Agreement and the XXXpractices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG and HMG BWDB shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Agreement the Schedule thereto, and the Grant Agreement, to the extent that they are applicable to HPG and HMG, the Project Implementing Agencies and the Project Implementation Units, and all obligations set forth in the Schedule to this Project AgreementBWDB.
Section 2.02. HPG and HMG shall, and BWDB shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, land and other resources as required, in addition to the proceeds of the LoanLoan and the Grant, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG BWDB shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shall, and BWDB shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures to be financed out of the proceeds of the Loan and the Grant in accordance with the provisions of paragraph 2 of Schedule 4 to the Loan Agreement. ADB may refuse to finance a contract where any such item has not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, and BWDB shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, and BWDB shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG BWDB shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake BWDB undertakes to insure, or cause to be insured, the Goods to be imported for the Project against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG BWDB shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainbe maintained, records and accounts adequate to identify the items of expenditure financed out of the proceeds of the LoanLoan and/or the Grant, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG ADB and HMG shall, and HPG and HMG BWDB shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall and the Grant will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG and HMG shall, and SPG shall cause the Subproject Cities and Counties and IAs to perform the obligations and perform the undertakings as required in this Project Implementing Agencies Agreement.
(b) SPG and the Project Implementation Units to, each IA shall carry out the Project with due diligence and efficiency, and in conformity with sound applicable technicaladministrative, financial, businessengineering, environmental, urban (urban road, river improvement or area upgrading) and social (education) development, and development practices public facility (wastewater, water supply, gas supply, heating, and in accordance with this Project Agreement and the XXXsolid waste management) practices.
(bc) In the carrying out of the Project and operating operation of the Project facilities, HPG SPG and HMG each IA shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Agreement to the extent that they are applicable to HPG and HMG, the Project Implementing Agencies SPG and the Project Implementation Units, concerned IA and all obligations set forth in the Schedule to this Project Agreement and, where applicable, in the Onlending Agreement.
Section 2.02. HPG and HMG shall, and shall cause the Project Implementing Agencies SPG and the Project Implementation Units to, concerned IA shall make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, equipment, land and other resources as which are required, in addition to the proceeds of the Loan, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG each IA shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shallall Goods, Works and shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures consulting services to be financed out of the proceeds of the Loan shall be procured in accordance with the provisions of paragraph 2 of Schedule 4 to the Loan Agreement. ADB may refuse to finance a contract where any such item has Goods, Works or consulting services have not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, and Each IA shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, SPG and each IA shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG SPG, each concerned Local Government or each IA shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of the Project facilities facility to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake the concerned IA undertakes to insure, or cause to be insured, the Goods to be imported for the Project and to be financed out of the proceeds of the Loan against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG Each IA shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainbe maintained, records and accounts adequate to identify the Goods, Works and consulting services and other items of expenditure financed out of the proceeds of the Loan, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG ADB and HMG shall, and HPG and HMG SPG shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG and HMG shall, and JECC shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technicaladministrative, financial, businessengineering, environmental and development practices highway and in accordance with this Project Agreement and the XXXroad practices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG and HMG JECC shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Agreement to the extent that they are applicable to HPG and HMG, the Project Implementing Agencies and the Project Implementation Units, JECC and all obligations set forth in the Schedule to this Project Agreement.
Section 2.02. HPG and HMG shall, and JECC shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, equipment, land and other resources as which are required, in addition to the proceeds of the Loan, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG HPG and JECC shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shall, all goods and shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures services to be financed out of the proceeds of the Loan shall be procured in accordance with the provisions of paragraph 2 of Schedule 4 and Schedule 5 to the Loan Agreement. ADB may refuse to finance a contract where any such item has goods or services have not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, HPG and JECC shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, HPG and JECC shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG HPG and JECC shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of the Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG HPG and JECC undertake to insure, or cause to be insured, the Goods goods to be imported for the Project and to be financed out of the proceeds of the Loan against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goodsgoods.
Section 2.06. HMG HPG and JECC shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainbe maintained, records and accounts adequate to identify the goods and services and other items of expenditure financed out of the proceeds of the Loan, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG and HMG shall, and HPG and HMG JECC shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG and HMG Wherever in this Project Agreement any acts or obligations are stipulated to be carried out or performed by YPCD or WKEC, the primary obligation to carry out such acts or perform such obligations shall be that of or deemed to be assumed by YPG. For this purpose YPG shall, through YPCD or WKEC, or otherwise ensure that YPCD or WKEC, perform such acts or obligations.
(b) YPCD and WKEC shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technicaladministrative, financial, businessengineering, environmental, roads and development practices expressway construction, operation and in accordance with this Project Agreement and the XXXmaintenance practices.
(bc) In the carrying out of the Project and operating operation of the Project facilities, HPG YPCD and HMG WKEC shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Agreement to the extent that they are applicable to HPG YPCD and HMGWKEC, the Project Implementing Agencies and the Project Implementation Unitsrespectively, and all obligations set forth in the Schedule to this Project Agreement.
Section 2.02. HPG YPCD and HMG shall, and WKEC shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, equipment, land and other resources as which are required, in addition to the proceeds of the Loan, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG YPCD and WKEC shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractors, contractors acceptable to ADB, ADB to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shallall Goods, Works and shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures consulting services to be financed out of the proceeds of the Loan shall be procured in accordance with the provisions of paragraph 2 of Schedule 4 to the Loan Agreement. ADB may refuse to finance a contract where any such item has Goods, Works or consulting services have not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, YPCD and WKEC shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules schedules, and construction methods acceptable to ADB. HMG shall, YPCD and WKEC shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG YPCD and WKEC shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB forADB, for insurance of the Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG YPCD and WKEC undertake to insure, or cause to be insured, the Goods to be imported for the Project and to be financed out of the proceeds of the Loan against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG YPCD and WKEC shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainbe maintained, records and accounts adequate to identify the Goods, Works and consulting services, and other items of expenditure financed out of the proceeds of the Loan, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG YPCD and HMG shall, and HPG and HMG WKEC shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG and HMG shall, and NHAI shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technicaladministrative, financial, businessengineering, environmental and highway development practices and in accordance with this Project Agreement and the XXXpractices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG and HMG NHAI shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Agreement (Supplementary) to the extent that they are applicable to HPG and HMG, the Project Implementing Agencies and the Project Implementation Units, and all obligations set forth in the Schedule to this Project AgreementNHAI.
Section 2.02. HPG and HMG shall, and NHAI shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, equipment, land and other resources as which are required, in addition to the proceeds of the Loan, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG NHAI shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shallall Goods, Works and shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures consulting services to be financed out of the proceeds of the Loan shall be procured in accordance with the provisions of paragraph 2 of Schedule 4 to the Loan AgreementAgreement (Supplementary). ADB may refuse to finance a contract where any such item has Goods, Works or consulting services have not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, and NHAI shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, and NHAI shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG NHAI shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake NHAI undertakes to insure, or cause to be insured, the Goods to be imported for the Project and to be financed out of the proceeds of the Loan against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG NHAI shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainbe maintained, records and accounts adequate to identify the items of expenditure Goods, Works and consulting services financed out of the proceeds of the Loan, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG ADB and HMG shall, and HPG and HMG NHAI shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG and HMG shall, and NEA shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technical, financial, business, engineering, energy and development practices and in accordance with this Project Agreement and the XXXpractices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG and HMG NEA shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Financing Agreement to the extent that they are applicable to HPG and HMG, the Project Implementing Agencies and the Project Implementation Units, and all obligations set forth in the Schedule to this Project AgreementNEA.
Section 2.02. HPG and HMG shall, and NEA shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, land and other resources as required, in addition to the proceeds of the LoanLoan and the Grants, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG NEA shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shall, and NEA shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures to be financed out of the proceeds of the Loan and the Grants in accordance with the provisions of paragraph 2 of Schedule 4 to the Loan Financing Agreement and Schedule 2 to the Norway Grant Agreement. ADB may refuse to finance a contract where any such item has not been procured under procedures substantially in accordance with those agreed between the Borrower Beneficiary and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, and NEA shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, and NEA shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG NEA shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake NEA undertakes to insure, or cause to be insured, the Goods to be imported for the Project and to be financed out of the proceeds of the Loan or the Grants against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG NEA shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainbe maintained, records and accounts adequate to identify the items of expenditure financed out of the proceeds of the LoanLoan or the Grants, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG ADB and HMG shall, and HPG and HMG NEA shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall and the Grants will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG and HMG GZARG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technical, financial, business, and development practices and in accordance with this Project Agreement and the XXX.
(b) In carrying out the Project and operating the Project facilities, HPG and HMG GZARG shall perform perform, or shall cause to be performed by the Project Implementing Agencies and the Project Implementation Units performed, all obligations set forth in the Loan Agreement to the extent that they are applicable to HPG and HMG, the Project Implementing Agencies GZARG and the Project Implementation UnitsAgencies, and all obligations set forth in the Schedule to this Project Agreement.
Section 2.023.02. HPG GZARG shall cause PMO to, and HMG PMO shall engage a procurement agent for implementation of the Investment Loan Component in accordance with the terms and conditions set forth in the Procurement Plan. GZARG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 3.03. GZARG shall ensure that FI shall not make a Subloan to any Qualified Sub-borrower unless such Qualified Sub-borrower has at its disposal, or has made appropriate arrangements to obtain as and when required, all local currency funds, including adequate working capital, and other resources which are required by such Qualified Sub-borrower for the carrying out of its Qualified Subproject in respect of which the Subloan is to be made.
Section 3.04. GZARG shall ensure that FI shall at all times make adequate provision to protect itself against any loss resulting from changes in the rate of exchange between CNY and the currency or currencies in which FI’s outstanding money obligations will have to be met.
Section 3.05. GZARG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, land and other resources as required, in addition to the proceeds of the Loan, for the carrying out of the Project.
(a) In carrying out the Project, HMG GZARG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable to ADB.
(b) Except as ADB may otherwise agree, HMG XXXXX shall, and shall cause the Project Implementing Agencies and the Project Implementation Units PMO to, procure all items of expenditures to be financed out of the Investment Loan Component of the proceeds of the Loan in accordance with the provisions of paragraph 2 of Schedule 4 to the Loan Agreement. ADB may refuse to finance a contract where any such item has not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement PlanSection 3.07. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG GZARG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG GZARG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, furnish or cause to be furnished, furnished to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
Section 3.08. (a) HMG GZARG shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB forADB, for insurance of Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake to insure, or cause to be insured, the Goods to be imported for the Project against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintain, records and accounts adequate to identify the items of expenditure financed out of the proceeds of the Loan, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG and HMG shall, and HPG and HMG shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG and HMG shall, and BBA shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technicaladministrative, financial, businessengineering, environmental and development practices and in accordance with this Project Agreement and the XXXbridge construction practices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG and HMG BBA shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Agreement to the extent that they are applicable to HPG and HMG, the Project Implementing Agencies and the Project Implementation Units, and all obligations set forth in the Schedule to this Project AgreementBBA.
Section 2.02. HPG and HMG shall, and BBA shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, land equipment, and other resources as which are required, in addition to the proceeds of the Loan, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG BBA shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractorsconsultants, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures consulting services to be financed out of the proceeds of the Loan shall be procured in accordance with the provisions of paragraph 2 of Schedule 4 to the Loan Agreement. ADB may refuse to finance a contract where any such item has consulting services have not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, and BBA shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules standards and construction methods specifications acceptable to ADB. HMG shall, and BBA shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications standards and work schedulesspecifications, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG Section 2.05. BBA shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB forADB, for insurance of the Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice. BBA shall be deemed to have opted for self-insurance in the absence of any specific insurance for the Project.
(b) Without limiting the generality of the foregoing, HMG undertake to insureSection 2.06. BBA shall maintain, or cause to be insured, the Goods to be imported for the Project against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainmaintained, records and accounts adequate to identify the consulting services and other items of expenditure financed out of the proceeds of the Loan, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG ADB and HMG shall, and HPG and HMG BBA shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG and HMG shall, and NWFP shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technicaladministrative, financial, businessengineering, environmental and development practices and in accordance with this Project Agreement and the XXXsocial safeguard practices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG and HMG NWFP shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Financing Agreement to the extent that they are applicable to HPG NWFP.
(c) NWFP shall ensure that each IA identifies, develops, submits for approval and HMG, implements subprojects in accordance with the Project Implementing Agencies provisions of the Financing Agreement and the Project Implementation Units, and all obligations set forth in the Schedule to this Project Agreement.
Section 2.02. HPG and HMG shall, and NWFP shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, servicesservices equipment, land and other resources as which are required, in addition to the proceeds of the LoanLoan and the Grant, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG NWFP shall employ and shall cause the Project Implementing Agencies EA and the Project Implementation Units to, each IA to employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shall, all goods and shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures services to be financed out of the proceeds of the Loan and the Grant shall be procured in accordance with the provisions of paragraph 2 of Schedule 4 and Schedule 5 to the Loan Financing Agreement. ADB may refuse to finance a contract where any such item has goods or services have not been procured under procedures substantially in accordance with those agreed between the Borrower Beneficiary and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, NWFP shall ensure that the EA and each IA shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, and NWFP shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG NWFP shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of the Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake NWFP undertakes to insure, or cause to be insured, the Goods goods to be imported for the Project and to be financed out of the proceeds of the Loan or the Grant against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goodsgoods.
Section 2.06. HMG NWFP shall maintain, or cause the Project Implementing Agencies EA and the Project Implementation Units each IA to maintain, records and accounts adequate to identify the goods and services and other items of expenditure financed out of the proceeds of the LoanLoan or the Grant, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG ADB and HMG shall, and HPG and HMG NWFP shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall and the Grant will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG and HMG shall, and AJK shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technicaladministrative, financial, businessengineering, environmental and development practices and in accordance with this Project Agreement and the XXXsocial safeguard practices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG and HMG AJK shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Financing Agreement to the extent that they are applicable to HPG and HMG, the Project Implementing Agencies and the Project Implementation UnitsAJK, and all obligations set forth in Schedule 6 to the Financing Agreement and Schedule to this Project Agreement.
(c) AJK shall ensure that each IA identifies, develops, submits for approval and implements subprojects in accordance with the provisions of the Financing Agreement and this Project Agreement.
Section 2.02. HPG and HMG shall, and AJK shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, servicesservices equipment, land and other resources as which are required, in addition to the proceeds of the LoanLoan and the Grant, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG AJK shall employ and shall cause the Project Implementing Agencies EA and the Project Implementation Units to, each IA to employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shall, all goods and shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures services to be financed out of the proceeds of the Loan and the Grant shall be procured in accordance with the provisions of paragraph 2 of Schedule 4 and Schedule 5 to the Loan Financing Agreement. ADB may refuse to finance a contract where any such item has goods or services have not been procured under procedures substantially in accordance with those agreed between the Borrower Beneficiary and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, AJK shall ensure that the EA and each IA shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, and AJK shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG AJK shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of the Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake AJK undertakes to insure, or cause to be insured, the Goods goods to be imported for the Project and to be financed out of the proceeds of the Loan or the Grant against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goodsgoods.
Section 2.06. HMG AJK shall maintain, or cause the Project Implementing Agencies EA and the Project Implementation Units each IA to maintain, records and accounts adequate to identify the goods and services and other items of expenditure financed out of the proceeds of the LoanLoan or the Grant, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG ADB and HMG shall, and HPG and HMG AJK shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall and the Grant will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG and HMG shallThe Borrower shall cause GIMAR, and shall cause ensure that GIMAR causes the Project Implementing Agencies and the Project Implementation Units toPIAs, to carry out the Project with due diligence and efficiency, efficiency and in conformity with sound applicable technicaladministrative, financial, businessengineering, environmental, heating supply, and development practices gas transmission and in accordance with this Project Agreement and the XXXdistribution practices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG and HMG the Borrower shall perform perform, or cause to be performed by the Project Implementing Agencies and the Project Implementation Units performed, all obligations set forth in the Schedule 5 to this Loan Agreement to the extent that they are applicable to HPG and HMG, the Project Implementing Agencies and the Project Implementation Units, and all obligations set forth in the Schedule to this the Project Agreement.
Section 2.024.02. HPG and HMG shallThe Borrower shall make available to GIMAR, and shall cause through GIMAR, the Project Implementing Agencies and Participating Municipal Governments and/or the Project Implementation Units to, make availableCounty Governments to each concerned PIA, promptly as needed, needed and on terms and conditions acceptable to ADB, the funds, facilities, services, land and other resources as which are required, in addition to the proceeds of the Loan, for the carrying out of the Project.
Section 4.03. The Borrower shall ensure that the activities of its departments and agencies with respect to the carrying out of the Project and operation of the Project facilities are conducted and coordinated in accordance with sound administrative policies and procedures.
Section 4.04. The Borrower shall take all actions which shall be necessary on its part to enable GIMAR to perform its obligations under the Project Agreement, and shall not take or permit any action which would interfere with the performance of such obligations.
(a) In carrying out the Project, HMG The Borrower shall cause GIMAR to exercise its rights under the Project Implementing Agencies Subsidiary Loan Agreement in such a manner as to protect the interests of the Borrower and ADB and to accomplish the purposes of the Loan. The Borrower shall cause GIMAR to ensure that the Participating Municipal Governments, County Governments and PIAs exercise their respective rights under the Municipality Onlending Agreements, the County Onlending Agreements and the Project Implementation Units toPIA Onlending Agreements, employ competent respectively, in each case, in such a manner as to protect the interests of the Borrower and qualified consultants ADB and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable to ADBaccomplish the purposes of the Loan.
(b) Except as ADB may otherwise agree, HMG shall, and The Borrower shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures GIMAR to be financed out of the proceeds of the Loan in accordance with the provisions of paragraph 2 of Schedule 4 to the Loan Agreement. ADB may refuse to finance a contract where any such item has not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of no rights or obligations under the requirements of the Subsidiary Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of Project facilities to such extent and against such risks and in such amounts as Onlending Agreements shall be consistent with sound practiceassigned, amended, abrogated or waived without the prior concurrence of ADB.
(b) Without limiting the generality of the foregoing, HMG undertake to insure, or cause to be insured, the Goods to be imported for the Project against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintain, records and accounts adequate to identify the items of expenditure financed out of the proceeds of the Loan, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG and HMG shall, and HPG and HMG shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall be accomplished.
Appears in 1 contract
Samples: Loan Agreement
Particular Covenants. (a) HPG and HMG shall, and IESCO shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technicaladministrative, financial, businessengineering, environmental and development practices and in accordance with this Project Agreement and the XXXsocial safeguard practices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG and HMG IESCO shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Financing Agreement to the extent that they are applicable to HPG IESCO.
(c) IESCO shall identify, develop, submit for approval and HMG, implement subprojects in accordance with the Project Implementing Agencies provisions of the Financing Agreement and the Project Implementation Units, and all obligations set forth in the Schedule to this Project Agreement.
Section 2.02. HPG and HMG shall, and IESCO shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the counterpart funds, facilities, servicesservices equipment, land and other resources as which are required, in addition to the proceeds of the LoanLoan and the Grant, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG IESCO shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shall, all goods and shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures services to be financed out of the proceeds of the Loan and the Grant shall be procured in accordance with the provisions of paragraph 2 of Schedule 4 and Schedule 5 to the Loan Financing Agreement. ADB may refuse to finance a contract where any such item has goods or services have not been procured under procedures substantially in accordance with those agreed between the Borrower Beneficiary and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, and IESCO shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, and IESCO shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG IESCO shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of the Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake IESCO undertakes to insure, or cause to be insured, the Goods goods to be imported for the Project and to be financed out of the proceeds of the Loan or the Grant against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goodsgoods.
Section 2.06. HMG IESCO shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainbe maintained, records and accounts adequate to identify the goods and services and other items of expenditure financed out of the proceeds of the LoanLoan or the Grant, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG ADB and HMG shall, and HPG and HMG IESCO shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall and the Grant will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG Each of Sindh and HMG shall, and CDGK shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technicaladministrative, financial, businessengineering, environmental and development practices and in accordance with this Project Agreement and the XXXproject management practices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG each of Sindh and HMG CDGK shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Agreement to the extent that they are applicable to HPG and HMG, the Project Implementing Agencies and the Project Implementation Units, and all obligations set forth in the Schedule to this Project Agreementeach of them.
Section 2.02. HPG Each of Sindh and HMG shall, and CDGK shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, land services and other resources as which are required, in addition to the proceeds of the Loan, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG each of Sindh and CDGK shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractorsconsultants, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shall, all goods and shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures services to be financed out of the proceeds of the Loan shall be procured in accordance with the provisions of paragraph 2 of Schedule 4 and Schedule 5 to the Loan Agreement. ADB may refuse to finance a contract where any such item has goods or services have not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, Each of Sindh and CDGK shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, and work schedules and construction methods acceptable to ADB. HMG shall, Each of Sindh and CDGK shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG Each of Sindh and CDGK shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake each of Sindh and CDGK undertakes to insure, or cause to be insured, the Goods goods to be imported for the Project (if any) and to be financed out of the proceeds of the Loan against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goodsgoods.
Section 2.06. HMG Each of Sindh and CDGK shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainbe maintained, records and accounts adequate to identify the goods and services and other items of expenditure financed out of the proceeds of the Loan, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG ADB and HMG shall, each of Sindh and HPG and HMG CDGK shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG and HMG shall, and NWSDB shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the NWSDB Part of the Project with due diligence and efficiency, and in conformity with sound applicable technical, financial, business, and development practices and in accordance with this Project Agreement and the XXXpractices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG and HMG NWSDB shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Agreement Agreements to the extent that they are applicable to HPG and HMG, the Project Implementing Agencies and the Project Implementation Units, and all obligations set forth in the Schedule to this Project AgreementNWSDB.
Section 2.02. HPG and HMG shall, and NWSDB shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, equipment, land and other resources as required, in addition to the proceeds of the LoanLoans, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG NWSDB shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shall, and NWSDB shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures to be financed out of the proceeds of the Loan Loans in accordance with the provisions of paragraph 2 of Schedule 4 to the Special Operations Loan Agreement. ADB may refuse to finance a contract where any such item has not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, and NWSDB shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, and NWSDB shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG NWSDB shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake NWSDB undertakes to insure, or cause to be insured, the Goods to be imported for the Project against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG NWSDB shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainbe maintained, records and accounts adequate to identify the items of expenditure financed out of the proceeds of the LoanLoans, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG ADB and HMG shall, and HPG and HMG NWSDB shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall Loans will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG Wherever in this Project Agreement any acts or obligations are stipulated to be carried out or performed by APDOT and HMG IAs, the primary responsibility to carry out such acts or perform such obligations shall be that of or deemed to be assumed by APG. For this purpose APG shall, through APDOT and IAs, or otherwise ensure that APDOT and IAs, perform such acts or obligations.
(b) APDOT and IAs shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technicaladministrative, financial, businessengineering, environmental, road construction and development practices and in accordance with this Project Agreement and the XXXtransport service practices.
(bc) In the carrying out of the Project and operating operation and maintenance of the Project facilities, HPG APDOT and HMG shall IAs, perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Agreement to the extent that they are applicable to HPG the APDOT and HMGIAs, the Project Implementing Agencies and the Project Implementation Unitsrespectively, and all obligations set forth in the Schedule to this Project Agreement.
Section 2.02. HPG APDOT and HMG shall, and IAs shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, equipment, land and other resources as which are required, in addition to the proceeds of the Loan, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG APDOT and IAs shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shallall Goods, Works and shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures consulting services to be financed out of the proceeds of the Loan shall be procured in accordance with the provisions of paragraph 2 of Schedule 4 to the Loan Agreement. ADB may refuse to finance a contract where any such item has Goods, Works or consulting services have not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, APDOT and IAs shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, APDOT and IAs shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG APDOT and IAs shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB forADB, for insurance of Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake APDOT and IAs undertakes to insure, or cause to be insured, the Goods to be imported for the Project and to be financed out of the proceeds of the Loan against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG APDOT and IAs shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainbe maintained, records and accounts adequate to identify the Goods, Works, consulting services and other items of expenditure financed out of the proceeds of the Loan, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG APDOT and HMG shall, and HPG and HMG IAs shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG and HMG shallThe Borrower, and through FPG, shall cause the Project Implementing Agencies FMG, FUVCDC and the Project Implementation Units to, FWECDC to carry out the Project with due diligence and efficiency, efficiency and in conformity with sound applicable technicaladministrative, financial, businessengineering, environmental and development practices and in accordance with this Project Agreement and the XXXwastewater management practices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG and HMG the Borrower shall perform perform, or cause to be performed by the Project Implementing Agencies and the Project Implementation Units performed, all obligations set forth in the Schedule 6 to this Loan Agreement to the extent that they are applicable to HPG and HMG, the Project Implementing Agencies and the Project Implementation Units, and all obligations set forth in the Schedule to this the Project Agreement.
Section 2.024.02. HPG and HMG The Borrower shall, through FPG and shall cause the Project Implementing Agencies and the Project Implementation Units toFMG, make availableavailable to FUVCDC and FWECDC, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, land and other resources as which are required, in addition to the proceeds of the Loan, for the carrying out of the Project.
Section 4.03. The Borrower shall ensure that the activities of its departments and agencies with respect to the carrying out of the Project and operation of the Project facilities are conducted and coordinated in accordance with sound administrative policies and procedures.
Section 4.04. The Borrower shall take all actions which shall be necessary on its part to enable FPG, FMG, FUVCDC and FWECDC to perform their respective obligations under the Project Agreement, including the establishment and maintenance of tariffs as stipulated in paragraph 8 of the Schedule to the Project Agreement, and shall not take or permit any action which would interfere with the performance of such obligations.
(a) In carrying out the Project, HMG The Borrower shall cause FMG, FUVCDC and FWECDC to exercise their rights under the Project Implementing Agencies Onlending Agreements in such a manner as to protect the interests of the Borrower and to accomplish the Project Implementation Units to, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable to ADBpurposes of the Loan.
(b) Except as ADB may otherwise agree, HMG shall, and The Borrower shall cause the Project Implementing Agencies FMG, FUVCDC and the Project Implementation Units to, procure all items of expenditures to be financed out of the proceeds of the Loan in accordance with the provisions of paragraph 2 of Schedule 4 to the Loan Agreement. ADB may refuse to finance a contract where any such item has not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake to insure, or cause to be insured, the Goods to be imported for the Project against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintain, records and accounts adequate to identify the items of expenditure financed out of the proceeds of the Loan, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG and HMG shall, and HPG and HMG shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully FWECDC to ensure that the purposes Onlending Agreements shall not be assigned, amended, abrogated or waived without the prior concurrence of the Loan shall be accomplishedADB.
Appears in 1 contract
Samples: Loan Agreement
Particular Covenants. (a) HPG and HMG shall, and The City Corporations shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technicaladministrative, financial, businessengineering, urban public and development practices and in accordance with this Project Agreement and the XXXenvironmental health practices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG and HMG the City Corporations shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Project Loan Agreement to the extent that they are applicable to HPG and HMG, the Project Implementing Agencies and the Project Implementation Units, and all obligations set forth in the Schedule to this Project AgreementCity Corporations.
Section 2.02. HPG and HMG shall, and The City Corporations shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, equipment, land and other resources as which are required, in addition to the proceeds of the Loan, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG the City Corporations shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shallall Goods, Works and shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures consulting services to be financed out of the proceeds of the Loan shall be procured in accordance with the provisions of paragraph 2 of Schedule 4 to the Project Loan Agreement. ADB may refuse to finance a contract where any such item has Goods, Works or consulting services have not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, and The City Corporations shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, and The City Corporations shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG The City Corporations shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of the Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG the City Corporations undertake to insure, or cause to be insured, the Goods to be imported for the Project and to be financed out of the proceeds of the Loan against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG The City Corporations shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainbe maintained, records and accounts adequate to identify the Goods, Works and consulting services and other items of expenditure financed out of the proceeds of the Loan, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG and HMG shall, and HPG and HMG shall cause the Project Implementing Agencies ADB and the Project Implementation Units to, City Corporations shall cooperate fully to ensure that the purposes of the Loan shall will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG and HMG shall, and Barki Tojik shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technicaladministrative, financial, businessengineering, environmental, and development practices and in accordance with this Project Agreement and the XXXpublic utility practices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG and HMG Barki Tojik shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Grant Agreement to the extent that they are applicable to HPG and HMG, the Project Implementing Agencies and the Project Implementation Units, Barki Tojik and all obligations set forth in the Schedule to this Project Agreement.
Section 2.02. HPG and HMG shall, and Barki Tojik shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, equipment, land and other resources as which are required, in addition to the proceeds of the LoanGrant, for the carrying out of the ProjectProject and the operation and maintenance of the Project facilities.
(a) In the carrying out of the Project, HMG Barki Tojik shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shallall Goods, Works and shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures Consulting Services to be financed out of the proceeds of the Loan Grant shall be procured in accordance with the provisions of paragraph 2 of Schedule 4 3 to the Loan Grant Agreement. ADB may refuse to finance a contract where any such item has Goods, Works or Consulting Services have not been procured under procedures substantially in accordance with those agreed between the Borrower Recipient and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, and Barki Tojik shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, and Barki Tojik shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG Barki Tojik shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB forADB, for insurance of the Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake Barki Tojik undertakes to insure, or cause to be insured, the Goods to be imported for the Project and to be financed out of the proceeds of the Grant against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG Barki Tojik shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainbe maintained, records and accounts adequate to identify the items of expenditure Goods, Works and Consulting Services financed out of the proceeds of the LoanGrant, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG ADB and HMG shall, and HPG and HMG Barki Tojik shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall Grant will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG and HMG shall, and PGCB shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technicaladministrative, financial, businessengineering, environmental and power sector development practices and in accordance with this Project Agreement and the XXXpractices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG and HMG PGCB shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Agreement to the extent that they are applicable to HPG and HMG, the Project Implementing Agencies and the Project Implementation Units, and all obligations set forth in the Schedule to this Project AgreementPGCB.
Section 2.02. HPG and HMG shall, and PGCB shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, land equipment and other resources as which are required, in addition to the proceeds of the Loan, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG PGCB shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shallall Goods, Works and shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures consulting services to be financed out of the proceeds of the Loan shall be procured in accordance with the provisions of paragraph 2 of Schedule 4 to the Loan Agreement. ADB may refuse to finance a contract where any such item has Goods, Works or consulting services have not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, and PGCB shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, and PGCB shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG PGCB shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, for insurance of Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake PGCB undertakes to insure, or cause to be insured, the Goods to be imported for the Project and to be financed out of the proceeds of the Loan against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG PGCB shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainbe maintained, records and accounts adequate to identify the Goods, Works and consulting services and other items of expenditure financed out of the proceeds of the Loan, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG ADB and HMG shall, and HPG and HMG PGCB shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG and HMG shall, and LLDF shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technicaladministrative, financialfinancial intermediation practices, businessbanking practices, loan facilitation practices, environmental and professional management practices, and development practices under the supervision of competent and in accordance with this Project Agreement experienced management and the XXXpersonnel.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG and HMG LLDF shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Agreement to the extent that they are applicable to HPG and HMG, the Project Implementing Agencies and the Project Implementation Units, and all obligations set forth in the Schedule to this Project AgreementLLDF.
Section 2.02. HPG and HMG shall, and LLDF shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, land equipment and other resources as which are required, in addition to the proceeds of the Loan, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG LLDF shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shall, all goods and shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures services to be financed out of the proceeds of the Loan shall be procured in accordance with the provisions of paragraph 2 of Schedule 4 and Schedule 5 to the Loan Agreement. ADB may refuse to finance a contract where any such item has goods or services have not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, and LLDF shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods in accordance to the Borrower’s Laws acceptable to ADB. HMG shall, and LLDF shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
Section 2.05. (a) HMG LLDF shall cause the Project Implementing Agencies and the Project Implementation Units Subborrowers to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, for insurance of Project facilities facilities, to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake to insure, or cause to be insured, the Goods to be imported for the Project against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintain, records and accounts adequate to identify the items of expenditure financed out of the proceeds of the Loan, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG and HMG shall, and HPG and HMG shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG and HMG shall, and The POEs shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technicaladministrative, financial, businessengineering, environmental and development practices and in accordance with this Project Agreement and the XXXwater supply practices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG and HMG the POEs shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Agreement to the extent that they are applicable to HPG and HMG, the Project Implementing Agencies and the Project Implementation Units, POEs and all obligations set forth in the Schedule to this Project Agreement.
Section 2.02. HPG and HMG shall, and The POEs shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, land services and other resources as which are required, in addition to the proceeds of the Loan, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG the POEs shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shallall Goods, Works and shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures consulting services to be financed out of the proceeds of the Loan shall be procured in accordance with the provisions of paragraph 2 of Schedule 4 to the Loan Agreement. ADB may refuse to finance a contract where any such item has Goods, Works or consulting services have not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, and The POEs shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, and The POEs shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG The POEs shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG the POEs undertake to insure, or cause to be insured, the Goods to be imported for the Project and to be financed out of the proceeds of the Loan against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG The POEs shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainbe maintained, records and accounts adequate to identify the items of expenditure Goods, Works and consulting services financed out of the proceeds of the Loan, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its their operations and financial condition.
Section 2.07. (a) ADB, HPG and HMG shall, and HPG and HMG shall cause the Project Implementing Agencies ADB and the Project Implementation Units to, POEs shall cooperate fully to ensure that the purposes of the Loan shall will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG and HMG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units Agency to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technical, financial, business, and development practices and in accordance with this Project Agreement and the XXXpractices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG and HMG shall, and shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units Agency to, perform all obligations set forth in the Loan Agreement to the extent that they are applicable to HPG HPG, HMG and HMG, the Project Implementing Agencies and the Project Implementation UnitsAgency, and all obligations set forth in the Schedule to this Project Agreement.
Section 2.02. HPG and HMG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units Agency to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, land and other resources as required, in addition to the proceeds of the Loan, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units Agency to, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units Agency to, procure all items of expenditures to be financed out of the proceeds of the Loan in accordance with the provisions of paragraph 2 of Schedule 4 to the Loan Agreement. ADB may refuse to finance a contract where any such item has not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units Agency to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units Agency to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units to Agency to, take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, for insurance of Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake undertakes, and causes the Project Implementing Agency to undertake, to insure, or cause to be insured, the Goods to be imported for the Project against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HPG and HMG shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainbe maintained, records and accounts adequate to identify the items of expenditure financed out of the proceeds of the Loan, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG and HMG shall, and HPG and HMG shall cause the Project Implementing Agencies and the Project Implementation Units Agency to, cooperate fully to ensure that the purposes of the Loan shall will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG NEA and HMG shall, and THL shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technical, financial, business, and development practices and in accordance with this Project Agreement and the XXXpractices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG NEA and HMG THL shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Agreement Agreements to the extent that they are applicable to HPG NEA and HMG, the Project Implementing Agencies and the Project Implementation Units, and all obligations set forth in the Schedule to this Project AgreementTHL.
Section 2.02. HPG NEA and HMG shall, and THL shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, land and other resources as required, in addition to the proceeds of the LoanADB Loans, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG NEA and THL shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shall, NEA and THL shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures to be financed out of the proceeds of the Loan ADB Loans in accordance with the provisions of paragraph 2 of Schedule 4 to the Special Operations Regular-Term Loan Agreement. ADB may refuse to finance a contract where any such item has not been procured under procedures substantially in accordance with those agreed between the Borrower Nepal and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, NEA and THL shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, NEA and THL shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG NEA and THL shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake NEA and THL undertakes to insure, or cause to be insured, the Goods to be imported for the Project against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG NEA and THL shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainbe maintained, records and accounts adequate to identify the items of expenditure financed out of the proceeds of the LoanADB Loans, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG ADB and HMG shall, NEA and HPG and HMG THL shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall ADB Loans will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG and HMG shall, and The Borrower shall cause the Project Implementing Agencies JPG and the Project Implementation Units to, NMG to carry out the Project and shall cause, through JPG and NMG, each Implementing Agency to carry out their respective Components with due diligence and efficiency, efficiency and in conformity with sound applicable technicaladministrative, financial, businessengineering, environmental and development practices water supply and in accordance with this Project Agreement and the XXXsanitation practices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG and HMG the Borrower shall perform perform, or cause to be performed by the Project Implementing Agencies and the Project Implementation Units performed, all obligations set forth in the Schedule 5 to this Loan Agreement to the extent that they are applicable to HPG and HMG, the Project Implementing Agencies and the Project Implementation Units, and all obligations set forth in the Schedule to this the Project Agreement.
Section 2.024.02. HPG and HMG The Borrower shall, through JPG and shall cause the Project Implementing Agencies NMG make available to NCIC, NDMD and the Project Implementation Units to, make available, NMECD promptly as needed, needed and on terms and conditions acceptable to ADB, the funds, facilities, services, land services and other resources as which are required, in addition to the proceeds of the Loan, for the carrying out of the Project.
Section 4.03. The Borrower shall ensure that the activities of its departments and agencies with respect to the carrying out of the Project and operation of the Project facilities are conducted and coordinated in accordance with sound administrative policies and procedures.
Section 4.04. The Borrower shall take all action which shall be necessary on its part to enable JPG and NMG to perform their respective obligations under the Project Agreement, including the establishment and maintenance of tariffs as stipulated in paragraph 11 of the Schedule to the Project Agreement and shall not take or permit any action which would interfere with the performance of such obligations.
(a) In carrying out The Borrower shall through JPG cause NMG to exercise its rights under the Project, HMG shall cause Onlending Agreement in such a manner as to protect the Project Implementing Agencies interests of the Borrower and ADB and to accomplish the Project Implementation Units to, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable to ADBpurposes of the Loan.
(b) Except as ADB may otherwise agreeNo rights or obligations under the Onlending Agreement shall be assigned, HMG shallamended, and shall cause abrogated or waived without the Project Implementing Agencies and the Project Implementation Units to, procure all items prior concurrence of expenditures to be financed out of the proceeds of the Loan in accordance with the provisions of paragraph 2 of Schedule 4 to the Loan Agreement. ADB may refuse to finance a contract where any such item has not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake to insure, or cause to be insured, the Goods to be imported for the Project against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintain, records and accounts adequate to identify the items of expenditure financed out of the proceeds of the Loan, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG and HMG shall, and HPG and HMG shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall be accomplished.
Appears in 1 contract
Samples: Loan Agreement
Particular Covenants. (a) HPG GPG, ZCG and HMG shall, and EHC shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technicaladministrative, financial, businessengineering, environmental, and development practices and in accordance with this Project Agreement and the XXXhydropower practices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG GPG, ZCG and HMG EHC shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Agreement to the extent that they are applicable to HPG GPG, ZCG and HMG, the Project Implementing Agencies and the Project Implementation Units, EHC and all obligations set forth in the Schedule to this Project Agreement.
Section 2.02. HPG GPG, ZCG and HMG shall, and EHC shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, equipment, land and other resources as which are required, in addition to the proceeds of the Loan, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG EHC shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shallall Goods, Works and shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures consulting services to be financed out of the proceeds of the Loan shall be procured in accordance with the provisions of paragraph 2 of Schedule 4 to the Loan Agreement. ADB may refuse to finance a contract where any such item has Goods, Works or consulting services have not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, and EHC shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, and EHC shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG EHC shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of the Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake EHC undertakes to insure, or cause to be insured, the Goods to be imported for the Project and to be financed out of the proceeds of the Loan against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG EHC shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainbe maintained, records and accounts adequate to identify the Goods, Works and consulting services and other items of expenditure financed out of the proceeds of the Loan, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADBADB and GPG, HPG ZCG and HMG shall, and HPG and HMG EHC shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG and HMG shall, and GoKP through KPAD shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technical, financial, business, and development practices and in accordance with this Project Agreement and the XXXpractices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG and HMG GoKP through KPAD shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Agreement and the Grant Agreement to the extent that they are applicable to HPG and HMG, the Project Implementing Agencies and the Project Implementation Units, and all obligations set forth in the Schedule to this Project AgreementGoKP.
Section 2.02. HPG and HMG shall, and GoKP shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, land and other resources as required, in addition to the proceeds of the Loan, and/or Grant, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG GoKP through KPAD shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shall, and GoKP through KPAD shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures to be financed out of the proceeds of the Loan in accordance with the provisions of paragraph 2 of Schedule 4 to the Loan Agreement and/or Schedule 3 to the Grant Agreement, as might be applicable. ADB may refuse to finance a contract where any such item has not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, and GoKP through KPAD shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, and GoKP through KPAD shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG GoKP through KPAD shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake GoKP through KPAD undertakes to insure, or cause to be insured, the Goods to be imported for the Project against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG GoKP through KPAD shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainbe maintained, records and accounts adequate to identify the items of expenditure financed out of the proceeds of the LoanLoan and/or the Grant, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG ADB and HMG shall, and HPG and HMG GoKP through KPAD shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall and the Grant will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG The Borrower shall comply with and HMG shall, and shall cause the Project Implementing Agencies and PCBs to comply with section 6.08 of the Project Implementation Units to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technical, financial, business, and development practices and in accordance with this Project Agreement and the XXXLoan Regulations.
(b) In the carrying out of the Project and operating Project, the Project facilities, HPG and HMG Borrower shall perform or cause to be performed by all the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Schedule 5 to this Loan Agreement to the extent that they are applicable to HPG and HMG, the Project Implementing Agencies and the Project Implementation UnitsBorrower, and cause all other obligations to be performed.
Section 4.02. In addition to the reports and information set forth in the Schedule to this Project Agreement.
Section 2.02. HPG and HMG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, land and other resources as required, in addition to the proceeds of the Loan, for the carrying out of the Project.
(a) In carrying out the Project, HMG shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable to ADB.
(b) Except as ADB may otherwise agree, HMG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures to be financed out of the proceeds section 6.05 of the Loan in accordance with the provisions of paragraph 2 of Schedule 4 to the Loan Agreement. ADB may refuse to finance a contract where any such item has not been procured under procedures substantially in accordance with those agreed between Regulations, the Borrower and ADB or where the terms and conditions of the contract are not acceptable to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, ADB all such plans, design standards, specifications reports and work schedules, and any material modifications subsequently made therein, in such detail information as ADB shall reasonably requestreasonable request concerning (i) the subborrowers, the subprojects and the subloans; and (ii) the administration, operations, and financial conditions of the PCBs.
(a) HMG Section 4.03. The Borrower shall enable, and cause the Project Implementing Agencies and the Project Implementation Units PCBs to take out and maintain with responsible insurersenable, or make other arrangements satisfactory ADB’s representatives to ADB forinspect any subborrower, insurance of Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake to insure, or cause to be insuredany subproject, the Goods to be imported for the Project against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintain, records and accounts adequate to identify the items of expenditure Works financed out of the proceeds of the Loan, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently any relevant records and documents maintained sound accounting principles, its operations and financial conditionby any PCB.
Section 2.074.04. The Borrower shall promptly take all action set forth in Loan Regulations Section 6.06 and shall take all such actions as necessary to enable the PCBs to perform their obligations under the Project Agreement. The Borrower shall not take or permit any action which would interfere with the PCBs’ performance of their obligations.
(a) ADB, HPG The Borrower shall exercise its rights under the Subsidiary Loan Agreement in such a manner as to protect the interests of the Borrower and HMG shall, ADB and HPG and HMG shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that accomplish the purposes of the Loan.
(b) No rights or obligations under the Subsidiary Loan Agreement shall be accomplishedassigned, amended, or waived without the prior concurrence of ADB.
Section 4.06. The Borrower shall (i) maintain separate accounts for the Project; (ii) ensure that accounts and related financial statements are audited annually in accordance with appropriate auditing standards consistently applied by auditors acceptable to ADB, and (iii) submit certified copies of the audited accounts and financial statements in English to ADB within nine months after the end of each fiscal year.
Appears in 1 contract
Samples: Loan Agreement
Particular Covenants. (a) HPG and HMG shall, and XUARG shall cause the IAs to perform the obligations and perform the undertakings as required in this Project Implementing Agencies and the Project Implementation Units to, Agreement.
(b) XUARG shall carry out the Project with due diligence and efficiency, and in conformity with sound applicable technicaladministrative, financial, businessengineering, environmental, and development practices and in accordance with this Project Agreement and the XXXurban transport practices.
(bc) In the carrying out of the Project and operating operation of the Project facilities, HPG and HMG XUARG, each IA shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Agreement to the extent that they are applicable to HPG and HMGXUARG, the Project Implementing Agencies and the Project Implementation Units, concerned IA and all obligations set forth in the Schedule to this Project Agreement.
Section 2.02. HPG XUARG and HMG shall, and each IA shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, equipment, land and other resources as which are required, in addition to the proceeds of the Loan, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG the IAs shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable to ADB.
(b) Except as ADB may otherwise agree, HMG shallall Goods, Works and shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures consulting services to be financed out of the proceeds of the Loan shall be procured in accordance with the provisions of paragraph 2 of Schedule 4 to the Loan Agreement. ADB may refuse to finance a contract where any such item has Goods, Works or consulting services have not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, and Each IA shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADBas agreed between ADB and XUARG. HMG shall, and Each IA shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG Each IA shall cause make insurance arrangements in accordance with the relevant regulations of the Borrower and acceptable to ADB for insurance of the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of Project facilities facility to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake each IA undertakes to insure, or cause to be insured, the Goods to be imported for the Project and to be financed out of the proceeds of the Loan against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG Each IA shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainbe maintained, records and accounts adequate to identify the Goods, Works and consulting services and other items of expenditure financed out of the proceeds of the Loan, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG ADB and HMG shall, and HPG and HMG XUARG shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG The QMG and HMG shall, and JCG shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technicaladministrative, financial, businessengineering, environmental and development practices and in accordance with this Project Agreement and the XXXpublic utility practices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG QMG and HMG JCG shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Agreement to the extent that they are applicable to HPG QMG and HMG, the Project Implementing Agencies and the Project Implementation UnitsJCG, and all obligations set forth in the Schedule to this Project Agreement.
Section 2.02. HPG QMG and HMG shall, and JCG shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, equipment, land and other resources as which are required, in addition to the proceeds of the Loan, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG JCG shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shallall Goods, Works and shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures consulting services to be financed out of the proceeds of the Loan shall be procured in accordance with the provisions of paragraph 2 of Schedule 4 to the Loan Agreement. ADB may refuse to finance a contract where any such item has Goods, Works or consulting services have not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, and JCG shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, and JCG shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG JCG shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of the Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake JCG undertakes to insure, or cause to be insured, the Goods to be imported for the Project and to be financed out of the proceeds of the Loan against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG JCG shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainbe maintained, records and accounts adequate to identify the Goods, Works and consulting services and other items of expenditure financed out of the proceeds of the Loan, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG QMG and HMG shall, and HPG and HMG JCG shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. Section 2.01.
(a) HPG GZARG, WMG and HMG shall, and Dongtai shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technicaladministrative, financial, businessengineering, environmental, geohazard prevention, urban roads, and urban facility development practices and in accordance with this Project Agreement and the XXXpractices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG GZARG, WMG and HMG Dongtai shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Agreement to the extent that they are applicable to HPG GZARG, WMG and HMG, the Project Implementing Agencies and the Project Implementation Units, Dongtai and all obligations set forth in the Schedule to this Project Agreement. In addition, WMG shall ensure that the obligations or responsibilities attributed to, or specified to be undertaken by Dongtai, are duly performed or undertaken by Dongtai as specified in this Project Agreement.
Section 2.02. HPG GZARG, WMG and HMG shall, and Dongtai shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, equipment, land and other resources as which are required, in addition to the proceeds of the Loan, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG GZARG, WMG and Dongtai shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shallall Goods, Works and shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures consulting services to be financed out of the proceeds of the Loan shall be procured in accordance with the provisions of paragraph 2 of Schedule 4 to the Loan Agreement. ADB may refuse to finance a contract where any such item has Goods, Works or consulting services have not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shallGZARG, WMG and Dongtai shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, WMG and Dongtai shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADBADB and GZARG, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG Dongtai shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of the Project facilities facility to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake Dongtai undertakes to insure, or cause to be insured, the Goods to be imported for the Project and to be financed out of the proceeds of the Loan against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintain, records and accounts adequate to identify the items of expenditure financed out of the proceeds of the Loan, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG and HMG shall, and HPG and HMG shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG and HMG shall, XUARG shall and shall cause the Project Implementing Agencies IAs and the Project Implementation Units toPIUs, to carry out the Project with due diligence and efficiency, and in conformity with sound applicable technical, financial, business, and development practices and in accordance with this Project Agreement and the XXXpractices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG and HMG XUARG shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Agreement to the extent that they are applicable to HPG and HMG, the Project Implementing Agencies and the Project Implementation UnitsXUARG, and all obligations set forth in the Schedule to this Project Agreement.
Section 2.02. HPG and HMG shall, and XUARG shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, land and other resources as required, in addition to the proceeds of the Loan, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG XUARG shall, and shall cause the Project Implementing Agencies IAs and the Project Implementation Units PIUs to, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shall, XUARG shall and shall cause the Project Implementing Agencies IAs and the Project Implementation Units to, PIUs to procure all items of expenditures to be financed out of the proceeds of the Loan in accordance with the provisions of paragraph 2 of Schedule 4 to the Loan Agreement. ADB may refuse to finance a contract where any such item has not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, XUARG shall and shall cause the Project Implementing Agencies IAs and the Project Implementation Units to, PIUs to carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG XUARG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units to, IAs to furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG XUARG shall cause the Project Implementing Agencies IAs and the Project Implementation Units PIUs, to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake XUARG shall cause the IAs and PIUs to insure, or cause to be insured, the Goods to be imported for the Project against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG XUARG shall cause the IAs and PIUs, to maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainbe maintained, records and accounts adequate to identify the items of expenditure financed out of the proceeds of the Loan, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG ADB and HMG XUARG shall, and HPG and HMG XUARG shall cause the Project Implementing Agencies IAs and the Project Implementation Units PIUs to, cooperate fully to ensure that the purposes of the Loan shall will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG and HMG shall, and IPBC shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technicaladministrative, financial, businessengineering, environmental and development practices and in accordance with this Project Agreement and the XXXport operational practices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG and HMG IPBC shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Agreement Agreements to the extent that they are applicable to HPG IPBC and HMG, the Project Implementing Agencies and the Project Implementation Units, and all obligations set forth in the Schedule to this Project Agreement.
Section 2.02. HPG and HMG shall, and IPBC shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, equipment, land and other resources as which are required, in addition to the proceeds of the LoanLoans, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG IPBC shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shallall Goods, Works and shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures consulting services to be financed out of the proceeds of the Loan Loans shall be procured in accordance with the provisions of paragraph 2 of Schedule 4 to the Special Operations Loan Agreement. ADB may refuse to finance a contract where any such item has Goods, Works or consulting services have not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, and IPBC shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, and IPBC shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG IPBC shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake IPBC undertakes to insure, or cause to be insured, the Goods to be imported for the Project and to be financed out of the proceeds of the Loans against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG IPBC shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainbe maintained, records and accounts adequate to identify the Goods, Works and consulting services and other items of expenditure financed out of the proceeds of the LoanLoans, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG ADB and HMG shall, and HPG and HMG IPBC shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall Loans will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG and HMG shall, and BBA shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technicaladministrative, financial, businessengineering, environmental and development practices and in accordance with this Project Agreement and the XXXurban transport practices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG and HMG BBA shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Agreement Agreements to the extent that they are applicable to HPG and HMG, the Project Implementing Agencies and the Project Implementation Units, and all obligations set forth in the Schedule to this Project AgreementBBA.
Section 2.02. HPG and HMG shall, and BBA shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, equipment, land and other resources as which are required, in addition to the proceeds of the LoanLoans, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG BBA shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shallall Goods, Works and shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures Consulting Services to be financed out of the proceeds of the Loan Loans shall be procured in accordance with the provisions of paragraph 2 of Schedule 4 to the Special Operations Loan Agreement. ADB may refuse to finance a contract where any such item has Goods, Works or Consulting Services have not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, and BBA shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, and BBA shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG BBA shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake BBA undertakes to insure, or cause to be insured, the Goods to be imported for the Project and to be financed out of the proceeds of the Loans against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG BBA shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainbe maintained, records and accounts adequate to identify the Goods, Works and Consulting Services and other items of expenditure financed out of the proceeds of the LoanLoans, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG ADB and HMG shall, and HPG and HMG BBA shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall Loans will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG and HMG shall, and Guangxi through GCD shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technicaladministrative, financial, businessengineering, social safeguards including environmental, road construction, operation, and development practices and in accordance with this Project Agreement and the XXXmaintenance practices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG and HMG Guangxi shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units ensure that GCD performs all obligations set forth in the Loan Agreement to the extent that they are applicable to HPG Guangxi and HMG, the Project Implementing Agencies and the Project Implementation UnitsGCD, and all obligations set forth in the Schedule to this Project Agreement.
Section 2.02. HPG and HMG Guangxi shall, and shall cause the Project Implementing Agencies and the Project Implementation Units GCD to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, equipment, land and other resources as which are required, in addition to the proceeds of the Loan, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG Guangxi shall cause the Project Implementing Agencies and the Project Implementation Units to, employ ensure that GCD employs competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shallall Goods, Works and shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures consulting services to be financed out of the proceeds of the Loan shall be procured in accordance with the provisions of paragraph 2 of Schedule 4 to the Loan Agreement. ADB may refuse to finance a contract where any such item has Goods, Works or consulting services have not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, and Guangxi shall cause the Project Implementing Agencies and the Project Implementation Units to, GCD to carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, and Guangxi shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause GCD to be furnished, furnish to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG Guangxi shall cause the Project Implementing Agencies and the Project Implementation Units GCD to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake Guangxi shall ensure that GCD undertakes to insure, or cause causes to be insured, the Goods to be imported for the Project and to be financed out of the proceeds of the Loan against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG Guangxi shall maintainensure that GCD maintains, or cause the Project Implementing Agencies and the Project Implementation Units causes to maintainbe maintained, records and accounts adequate to identify the Goods, Works and consulting services and other items of expenditure financed out of the proceeds of the Loan, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG ADB and HMG shall, and HPG and HMG Guangxi shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG NWPGCL and HMG shall, and PGCB shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technicaladministrative, financial, businessengineering, environmental and development practices and in accordance with this Project Agreement and the XXXpower sector practices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG NWPGCL and HMG PGCB shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Agreement to the extent that they are applicable to HPG NWPGCL and HMG, the Project Implementing Agencies and the Project Implementation Units, and all obligations set forth in the Schedule to this Project AgreementPGCB.
Section 2.02. HPG NWPGCL and HMG shall, and PGCB shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, land equipment, and other resources as which are required, in addition to the proceeds of the Loan, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG NWPGCL and PGCB shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractorsconsultants, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shallall Goods, Works and shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures Consulting Services to be financed out of the proceeds of the Loan shall be procured in accordance with the provisions of paragraph 2 of Schedule 4 to the Loan Agreement. ADB may refuse to finance a contract where any such item has Goods, Works or Consulting Services have not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, NWPGCL and PGCB shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules standards and construction methods specifications acceptable to ADB. HMG shall, NWPGCL and PGCB shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications standards and work schedulesspecifications, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG NWPGCL and PGCB shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB forADB, for insurance of the Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice. NWPGCL and PGCB shall be deemed to have opted for self-insurance in the absence of any specific insurance for the Project.
(b) Without limiting the generality of the foregoing, HMG NWPGCL and PGCB undertake to insure, or cause to be insured, the Goods to be imported for the Project and to be financed out of the proceeds of the Loan against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG NWPGCL and PGCB shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainbe maintained, records and accounts adequate to identify the items of expenditure financed out of the proceeds of the Loan, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its their operations and financial condition.
Section 2.07. (a) ADB, HPG NWPGCL and HMG shall, and HPG and HMG PGCB shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG and HMG shall, and SPG shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technicaladministrative, financial, businessengineering, environmental and development practices IWM, MWM and in accordance with this Project Agreement and the XXXSWM practices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG and HMG SPG shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Agreement to the extent that they are applicable to HPG and HMG, the Project Implementing Agencies and the Project Implementation Units, SPG and all obligations set forth in the Schedule to this Project Agreement.
Section 2.02. HPG and HMG shall, and SPG shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, equipment, land and other resources as which are required, in addition to the proceeds of the Loan, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG SPG shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shall, all goods and shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures services to be financed out of the proceeds of the Loan shall be procured in accordance with the provisions of paragraph 2 of Schedule 4 to the Loan Agreement. ADB may refuse to finance a contract where any such item has goods or services have not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, and SPG shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, and SPG shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG SPG shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of the Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake SPG undertakes to insure, or cause to be insured, the Goods goods to be imported for the Project and to be financed out of the proceeds of the Loan against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goodsgoods.
Section 2.06. HMG SPG shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainbe maintained, records and accounts adequate to identify the goods and services and other items of expenditure financed out of the proceeds of the Loan, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG ADB and HMG shall, and HPG and HMG SPG shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG and HMG shall, and MOHUA shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project Program with due diligence and efficiency, and in conformity with sound applicable technical, financial, business, and development practices and in accordance with this Project Agreement and the XXXpractices.
(b) In the carrying out of the Project Program and operating operation of the Project Program facilities, HPG and HMG MOHUA shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Agreement to the extent that they are applicable to HPG and HMG, the Project Implementing Agencies and the Project Implementation Units, MOHUA and all obligations set forth in the Schedule to this Project Program Agreement.
Section 2.02. HPG and HMG shall, and MOHUA shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions mutually acceptable to ADBADB and the Borrower, the funds, facilities, services, land and other resources as required, in addition to the proceeds of the Loan, for the carrying out of the ProjectProgram.
(a) In carrying Section 2.03. MOHUA shall carry out the Project, HMG shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable to ADB.
(b) Except as ADB may otherwise agree, HMG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures to be financed out of the proceeds of the Loan Program in accordance with the provisions of paragraph 2 of Schedule 4 to the Loan Agreement. ADB may refuse to finance a contract where any such item has not been procured under procedures substantially in accordance with those agreed between the Borrower plans and ADB or where the terms and conditions of the contract are not programs mutually acceptable to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement ADB and the Procurement Plan.
Section 2.04Borrower. HMG shall, and MOHUA shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standardsprograms, specifications and work schedulestechniques or methods, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG Section 2.04. MOHUA shall cause closely monitor the Project Implementing Agencies actions specified in the Program Action Plan to ensure that those actions are implemented in a timely and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practiceefficient manner.
(b) Without limiting the generality of the foregoing, HMG undertake to insureSection 2.05. MOHUA shall maintain, or cause to be insured, the Goods to be imported for the Project against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainmaintained, records and accounts adequate to identify the items of expenditure Eligible Expenditures financed out of the proceeds of the Loan, to disclose the use thereof in the ProjectProgram, to record the progress of the Project Program (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.072.06. (a) ADB, HPG ADB and HMG shall, and HPG and HMG MOHUA shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall will be accomplished.
Appears in 1 contract
Samples: Program Agreement
Particular Covenants. (a) HPG and HMG shall, and BLPA shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technical, financial, business, and development practices and in accordance with this Project Agreement and the XXXpractices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG and HMG BLPA shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Agreement to the extent that they are applicable to HPG and HMG, the Project Implementing Agencies and the Project Implementation Units, and all obligations set forth in the Schedule to this Project AgreementBLPA.
Section 2.02. HPG and HMG shall, and BLPA shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, land and other resources as required, in addition to the proceeds of the Loan, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG BLPA shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shall, and BLPA shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures to be financed out of the proceeds of the Loan in accordance with the provisions of paragraph 2 of Schedule 4 to the Loan Agreement. ADB may refuse to finance a contract where any such item has not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, and BLPA shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, and BLPA shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG BLPA shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake BLPA undertakes to insure, or cause to be insured, the Goods to be imported for the Project against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG BLPA shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainbe maintained, records and accounts adequate to identify the items of expenditure financed out of the proceeds of the Loan, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG ADB and HMG shall, and HPG and HMG BLPA shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG and HMG shall, and NPC shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technicaladministrative, financial, businessengineering, environmental and development practices road construction and in accordance with this Project Agreement and the XXXmanagement practices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG and HMG NPC shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Agreement Agreements to the extent that they are applicable to HPG and HMG, the Project Implementing Agencies and the Project Implementation Units, and all obligations set forth in the Schedule to this Project AgreementNPC.
Section 2.02. HPG and HMG shall, and NPC shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, equipment, land and other resources as which are required, in addition to the proceeds of the Special Operations Loan, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG NPC shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shallall Goods, Works and shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures consulting services to be financed out of the proceeds of the Special Operations Loan shall be procured in accordance with the provisions of paragraph 2 of Schedule 4 to the Special Operations Loan Agreement. ADB may refuse to finance a contract where any such item has Goods, Works or consulting services have not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shallNPC, and shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, and NPC shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG NPC shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake NPC undertakes to insure, or cause to be insured, the Goods to be imported for the Project and to be financed out of the proceeds of the Special Operations Loan against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG NPC shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainbe maintained, records and accounts adequate to identify the Goods, Works and consulting services and other items of expenditure financed out of the proceeds of the Special Operations Loan, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG ADB and HMG shall, and HPG and HMG NPC shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall Loans will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) The HPG and HMG shall, and shall cause make the proceeds available to the Project Implementing Agencies through the respective onlending agreement upon terms and conditions acceptable to ADB. Except as ADB may otherwise agree, the terms for the proceeds of the Loan made available to the Project Implementation Units toImplementing Agencies shall include
(i) commitment charge and interest at the rates identical to those applied to the Loan; (ii) a repayment period including a grace period identical to those applied to the Loan; and
(iii) each Project Implementing Agency bearing the foreign exchange and interest rate variation risks of the proceeds of the Loan made available thereto.
(b) The HPG, through the Project Implementing Agencies, shall carry out the Project with due diligence and efficiency, and in conformity with sound applicable technical, financial, business, and development practices and in accordance with this Project Agreement and the XXXpractices.
(bc) In the carrying out of the Project and operating operation of the Project facilities, HPG and HMG shall perform or cause to be performed by the HPG, through the Project Implementing Agencies and the Project Implementation Units Agencies, shall perform all obligations set forth in the Loan Agreement to the extent that they are applicable to HPG and HMG, the Project Implementing Agencies and the Project Implementation UnitsHPG, and all obligations set forth in the Schedule to this Project Agreement.
Section 2.02. The HPG shall make available and HMG shallcause the concerned cities, county governments and shall cause the Project Implementing Agencies and the Project Implementation Units to, to make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, land and other resources as required, in addition to the proceeds of the Loan, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG shall cause the HPG, through the Project Implementing Agencies and the Project Implementation Units toAgencies, shall employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable to ADB.
(b) Except as ADB may otherwise agree, HMG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures to be financed out of the proceeds of the Loan shall be procured in accordance with the provisions of paragraph 2 of Schedule 4 to the Loan Agreement. ADB may refuse to finance a contract where any such item has not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shallThe HPG shall carry out, and shall or cause the Project Implementing Agencies and the Project Implementation Units toto carry out, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, and The HPG shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG shall cause The HPG, through the Project Implementing Agencies and the Project Implementation Units to Agencies, shall take out and maintain with responsible insurers, or make other arrangements satisfactory acceptable to ADB for, insurance of Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake the HPG undertakes to insure, or cause to be insured, the Goods to be imported for the Project against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG The HPG shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainbe maintained, records and accounts adequate to identify the items of expenditure financed out of the proceeds of the Loan, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG and HMG shall, and HPG and HMG shall cause the Project Implementing Agencies ADB and the Project Implementation Units to, HPG shall cooperate fully to ensure that the purposes of the Loan shall will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG Wherever in this Project Agreement any acts or obligations are stipulated to be carried out or performed by YPDOT and HMG YHAB, the primary responsibility to carry out such acts or perform such obligations shall be that of or deemed to be assumed by YPG. For this purpose YPG shall, through YPDOT and YHAB, or otherwise ensure that YPDOT and YHAB, perform such acts or obligations.
(b) YPG shall cause the Project Implementing Agencies YPDOT and the Project Implementation Units to, YHAB to carry out the Project with due diligence and efficiency, and in conformity with sound applicable technical, financial, business, and development practices and in accordance with this Project Agreement and the XXXpractices.
(bc) In the carrying out of the Project and operating operation of the Project facilities, HPG YPG through YPDOT and HMG YHAB shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Agreement to the extent that they are applicable to HPG and HMG, the Project Implementing Agencies and the Project Implementation Unitseach of them, and all obligations set forth in the Schedule to this Project Agreement.
Section 2.02. HPG and HMG shall, YPG shall make available and shall cause the Project Implementing Agencies YPDOT and the Project Implementation Units to, YHAB to make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, land and other resources as required, in addition to the proceeds of the Loan, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG YPDOT and YHAB shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shall, YPDOT and YHAB shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures to be financed out of the proceeds of the Loan in accordance with the provisions of paragraph 2 of Schedule 4 to the Loan Agreement. ADB may refuse to finance a contract where any such item has not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, YPDOT and YHAB shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, YPDOT and YHAB shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG YPDOT and YHAB shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG YPDOT and YHAB shall undertake to insure, or cause to be insured, the Goods to be imported for the Project against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG YPDOT and YHAB shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainbe maintained, records and accounts adequate to identify the items of expenditure financed out of the proceeds of the Loan, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG YPDOT and HMG shall, and HPG and HMG YHAB shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG Wherever in this Project Agreement any acts or obligations are stipulated to be carried out or performed by APG or IAs, XUARG shall ensure that APG and HMG shall, IAs perform such acts or obligations.
(b) APG and IAs shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technicaladministrative, financial, businessengineering, environmental, road construction, road safety and development practices and in accordance with this Project Agreement and the XXXtransport services practices.
(bc) In the carrying out of the Project and operating operation of the Project facilities, HPG and HMG APG shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Agreement to the extent that they are applicable to HPG APG and HMG, the Project Implementing Agencies and the Project Implementation Units, IAs and all obligations set forth in the Schedule to this Project Agreement.
Section 2.02. HPG and HMG shall, and Each IA shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, equipment, land and other resources as which are required, in addition to the proceeds of the Loan, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG APG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units toIAs, to employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable to ADB.
(b) Except as ADB may otherwise agree, HMG shallall Goods, Works and shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures Consulting Services to be financed out of the proceeds of the Loan shall be procured in accordance with the provisions of paragraph 2 of Schedule 4 to the Loan Agreement. ADB may refuse to finance a contract where any such item has Goods, Works or Consulting Services have not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, and Each IA shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to as agreed between XUARG and ADB. HMG shall, and APG shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG Each IA shall cause make insurance arrangements in accordance with the Project Implementing Agencies relevant regulations of the Borrower and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory acceptable to ADB for, for insurance of Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake each IA undertakes to insure, or cause to be insured, the Goods to be imported for the Project and to be financed out of the proceeds of the Loan against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG APG and each concerned IA shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintain, maintain records and accounts adequate to identify the Goods, Works and Consulting Services and other items of expenditure financed out of the proceeds of the Loan, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG ADB and HMG shall, and HPG and HMG XUARG shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG APG and HMG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units each IA to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technicaladministrative, financial, businessengineering, environmental, and development practices as applicable, wastewater treatment, solid waste management, sewerage, flood control and in accordance with this Project Agreement and the XXXroads construction practices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG APG and HMG shall, and shall cause each IA to, perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Agreement to the extent that they are applicable to HPG and APG, HMG, the Project Implementing Agencies and the Project Implementation Units, and all obligations set forth in the Schedule to this Project AgreementAgreement and the Onlending Agreement to the extent they are applicable to the IAs.
Section 2.02. HPG APG and HMG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units each IA to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, equipment, land and other resources as which are required, in addition to the proceeds of the LoanLoans, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units each IA to, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shallall Goods, Works and shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures consulting services to be financed out of the proceeds of the Loan shall be procured in accordance with the provisions of paragraph 2 of Schedule 4 to the Loan Agreement. ADB may refuse to finance a contract where any such item has Goods, Works or consulting services have not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units each IA to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause each IA to be furnished, furnish to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG shall cause the Project Implementing Agencies and the Project Implementation Units to ensure that each IA take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of the equipment procured under the Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake shall cause IAs to insure, or cause to be insured, the Goods to be imported for the Project and to be financed out of the proceeds of the Loan against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units each IA to maintain, maintain records and accounts adequate to identify the Goods, Works and consulting services and other items of expenditure financed out of the proceeds of the LoanLoans, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG and HMG shall, and HPG APG and HMG shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG and HMG shall, and Punjab shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable administrative, technical, financial, business, development and development practices and in accordance with this Project Agreement and the XXXoperational practices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG and HMG Punjab shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Agreement Agreement, and specifically in Schedule 5 thereto, to the extent that they are applicable to HPG and HMG, the Project Implementing Agencies and the Project Implementation Units, and all obligations set forth in the Schedule to this Project AgreementPunjab.
Section 2.02. HPG and HMG shall, and Punjab shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, equipment, land and other resources as which are required, in addition to the proceeds of the Loan, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG Punjab shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shall, and Punjab shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all Goods, Works, Consulting Services and other items of expenditures expenditure to be financed out of the proceeds of the Loan in accordance with the provisions of paragraph 2 of Schedule 4 to the Loan Agreement, respectively. ADB may refuse to finance a contract where any such item of expenditure has not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, and Punjab shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, and Punjab shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG Punjab shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of the Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake Punjab undertakes to insure, or cause to be insured, the Goods to be imported for the Project and to be financed out of the proceeds of the Loan against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG Punjab shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainbe maintained, records and accounts adequate to identify the Goods, Works, Consulting Services and other items of expenditure financed out of the proceeds of the Loan, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG ADB and HMG shall, and HPG and HMG Punjab shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG MORD and HMG shall, and West Bengal shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technicaladministrative, financial, businessengineering, environmental and development practices and in accordance with this Project Agreement and the XXXrural roads developmental practices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG MORD and HMG West Bengal shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Agreement to the extent that they are applicable to HPG MORD and HMG, the Project Implementing Agencies and the Project Implementation Units, and all obligations set forth in the Schedule to this Project AgreementWest Bengal.
Section 2.02. HPG MORD and HMG shall, and West Bengal shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, equipment, land and other resources as which are required, in addition to the proceeds of the Loan, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG MORD and West Bengal shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shall, all Goods and shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures Works to be financed out of the proceeds of the Loan shall be procured in accordance with the provisions of paragraph 2 of Schedule 4 to the Loan Agreement. ADB may refuse to finance a contract where any such item has Goods and Works have not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, MORD and West Bengal shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to as agreed between MORD, West Bengal and ADB. HMG shall, MORD and West Bengal shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
Section 2.05. (a) HMG MORD and West Bengal shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of the Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake to insure, or cause to be insured, the Goods to be imported for the Project against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintain, records and accounts adequate to identify the items of expenditure financed out of the proceeds of the Loan, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG and HMG shall, and HPG and HMG shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG and HMG shall, and The State through the EA shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technicaladministrative, financial, businessengineering, environmental and urban development practices and in accordance with this Project Agreement and the XXXpractices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG and HMG the State through the EA shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Agreement to the extent that they are applicable to HPG and HMG, the Project Implementing Agencies and the Project Implementation Units, and all obligations set forth in the Schedule to this Project AgreementState.
Section 2.02. HPG and HMG shall, and The State shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, equipment, land and other resources as which are required, in addition to the proceeds of the Loan, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG the State shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shallall Goods, Works and shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures consulting services to be financed out of the proceeds of the Loan shall be procured in accordance with the provisions of paragraph 2 of Schedule 4 to the Loan Agreement. ADB may refuse to finance a contract where any such item has Goods, Works or consulting services have not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shallThe State through the EA, and shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, and The State through the EA shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG The State through the EA, shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of Project facilities facilities, to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake the State through the EA shall undertake, to insure, or cause to be insured, the Goods to be imported for the Project and to be financed out of the proceeds of the Loan against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG The State through the EA shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainbe maintained, records and accounts adequate to identify the Goods, Works and consulting services and other items of expenditure financed out of the proceeds of the Loan, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG and HMG shall, and HPG and HMG shall cause the Project Implementing Agencies ADB and the Project Implementation Units to, State through the EA shall cooperate fully to ensure that the purposes of the Loan shall will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG and HMG shall, and JMBA shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technicaladministrative, financial, businessengineering, environmental and development practices and in accordance with this Project Agreement and the XXXbridge construction practices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG and HMG JMBA shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Agreement to the extent that they are applicable to HPG and HMG, the Project Implementing Agencies and the Project Implementation Units, and all obligations set forth in the Schedule to this Project AgreementJMBA.
Section 2.02. HPG and HMG shall, and JMBA shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, land equipment, and other resources as which are required, in addition to the proceeds of the Loan, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG JMBA shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures consulting services to be financed out of the proceeds of the Loan shall be procured in accordance with the provisions of paragraph 2 of Schedule 4 to the Loan Agreement. ADB may refuse to finance a contract where any such item has consulting services have not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, and JMBA shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules standards and construction methods specifications acceptable to ADB. HMG shall, and JMBA shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications standards and work schedulesspecifications, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG Section 2.05. JMBA shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of the Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake to insureSection 2.06. JMBA shall maintain, or cause to be insured, the Goods to be imported for the Project against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainmaintained, records and accounts adequate to identify the consulting services and other items of expenditure financed out of the proceeds of the Loan, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG ADB and HMG shall, and HPG and HMG JMBA shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG and HMG GIMAR shall, and shall shall, through HMG, cause the Project Implementing Agencies HCDIO and the Project Implementation Units HCHC to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technical, financial, business, and development practices and in accordance with this Project Agreement and the XXXpractices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG GIMAR shall, and HMG shall shall, through HMG, cause HCDIO and HCHC to, perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Agreement to the extent that they are applicable to HPG GIMAR, HCDIO and HMG, the Project Implementing Agencies and the Project Implementation UnitsHCHC, and all obligations set forth in the Schedule to this Project Agreement.
Section 2.02. HPG and HMG GIMAR shall, and shall shall, through HMG, cause the Project Implementing Agencies HCDIO and the Project Implementation Units HCHC to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, land and other resources as required, in addition to the proceeds of the Loan, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG shall GIMAR shall, through HMG, cause the Project Implementing Agencies HCDIO and the Project Implementation Units to, HCHC to employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG GIMAR shall, through HMG, cause HCDIO and shall cause the Project Implementing Agencies and the Project Implementation Units to, HCHC to procure all items of expenditures to be financed out of the proceeds of the Loan in accordance with the provisions of paragraph 2 of Schedule 4 to the Loan Agreement. ADB may refuse to finance a contract where any such item has not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG GIMAR shall, through HMG, cause HCDIO and shall cause the Project Implementing Agencies and the Project Implementation Units to, HCHC to carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG GIMAR shall, through HMG, cause HCDIO and shall cause the Project Implementing Agencies and the Project Implementation Units to, HCHC to furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG shall GIMAR shall, through HMG, cause the Project Implementing Agencies HCDIO and the Project Implementation Units HCHC to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG GIMAR shall, through HMG, cause HCDIO and HCHC to undertake to insure, or cause to be insured, the Goods to be imported for the Project against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG shall GIMAR shall, and shall, through HMG, cause HCDIO and HCHC to, maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainbe maintained, records and accounts adequate to identify the items of expenditure financed out of the proceeds of the Loan, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG ADB and HMG GIMAR shall, and HPG GIMAR shall, through HMG, cause HCDIO and HMG shall cause the Project Implementing Agencies and the Project Implementation Units HCHC to, cooperate fully to ensure that the purposes of the Loan shall will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG and HMG shall, NHARG shall and shall cause the Project each Implementing Agencies and the Project Implementation Units Agency to, and NARC shall and shall cause each Participating NARC Entity to carry out the Project with due diligence and efficiency, and in conformity with sound applicable technical, financial, business, and development practices and in accordance with this Project Agreement and the XXXpractices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG and HMG NHARG shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Agreement to the extent that they are applicable to HPG and HMG, the Project Implementing Agencies and the Project Implementation UnitsNHARG, and NHARG shall cause each Implementing Agency to, and NARC shall cause each Participating NARC Entity to perform all obligations set forth in the Loan Agreement and the Schedule to this Project AgreementAgreement to the extent they are applicable to the Implementing Agencies and the Participating NARC Entities.
Section 2.02. HPG and HMG shall, and NHARG shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, land and other resources as required, in addition to the proceeds of the Loan, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG NHARG shall and shall cause the Project each Implementing Agencies Agency and the Project Implementation Units to, each Participating NARC Entity to employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shall, NHARG shall and shall cause the Project each Implementing Agencies Agency and the Project Implementation Units to, each Participating NARC Entity to procure all items of expenditures to be financed out of the proceeds of the Loan in accordance with the provisions of paragraph 2 of Schedule 4 to the Loan Agreement. ADB may refuse to finance a contract where any such item has not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, NHARG shall and shall cause the Project each Implementing Agencies Agency and the Project Implementation Units to, each Participating NARC Entity to carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, NHARG shall and shall cause the Project each Implementing Agencies Agency and the Project Implementation Units to, each Participating NARC Entity to furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG NHARG shall and shall cause the Project each Implementing Agencies Agency and the Project Implementation Units each Participating NARC Entity to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake NHARG shall and shall cause each Implementing Agency and each Participating NARC Entity to insure, or cause to be insured, the Goods to be imported for the Project against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG NHARG shall and shall cause each Implementing Agency and each Participating NARC Entity to maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainbe maintained, records and accounts adequate to identify the items of expenditure financed out of the proceeds of the Loan, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG ADB and HMG shall, and HPG and HMG NHARG shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG APG shall make the proceeds of the Loan available to HMG promptly and upon terms and conditions acceptable to ADB. Except as ADB may otherwise agree, the terms for making the proceeds of the Loan available to HMG shall include (i) interest at the rate identical to that of the Loan; (ii) a repayment period including a grace period identical to those of the Loan; (iii) HMG bearing the foreign exchange and interest rate variation risks; and (iv) HMG performing all obligations applicable to it in this Project Agreement.
(b) HMG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units to, IAs to carry out the Project with due diligence and efficiency, and in conformity with sound applicable technical, financial, business, and development practices and in accordance with this Project Agreement and the XXXpractices.
(bc) In carrying out the Project and operating of the Project facilities, HPG HMG shall, and HMG shall cause the IAs to, perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Agreement to the extent that they are applicable to HPG HMG and HMG, the Project Implementing Agencies and the Project Implementation Unitseach IA, and all obligations set forth in the Schedule to this Project AgreementAgreement including its Schedules.
Section 2.02. HPG and HMG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units IAs to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, land and other resources as required, in addition to the proceeds of the Loan, for the carrying to carry out of the Project.
(a) In carrying out the Project, HMG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units IAs to, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shallall Goods, Works, and shall cause the Project Implementing Agencies Consulting Services and the Project Implementation Units to, procure all items of other expenditures to be financed out of the proceeds of the Loan shall be procured in accordance with the provisions of paragraph 2 of Schedule 4 to the Loan Agreement. ADB may refuse to finance a contract where any such item has not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units IAs to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units IAs to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units to IAs to, take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake to shall, and shall cause the IAs to, insure, or cause to be insured, the Goods to be imported for the Project against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG shall, and shall cause the IAs to, maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainbe maintained, records and accounts adequate to identify the items of expenditure financed out of the proceeds of the Loan, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG and HMG shall, and HPG ADB and HMG shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall will be accomplished.. HMG shall, and shall cause each IA to, cooperate fully with ADB to ensure that the purposes of the Loan will be accomplished
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG and HMG shallThe Borrower shall cause GPG, and shall cause the Project Implementing Agencies and the Project Implementation Units tothrough GPG, GFTC to carry out the Project with due diligence and efficiency, efficiency and in conformity with sound applicable banking, administrative, financial, technical, financialengineering, environment protection, business, and development practices and in accordance with this Project Agreement and the XXXpractices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG and HMG the Borrower shall perform perform, or cause to be performed by performed, all the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Schedule 3 to this Loan Agreement to the extent that they are applicable to HPG and HMG, the Project Implementing Agencies and the Project Implementation Units, and all obligations set forth in the Schedule to this Project AgreementBorrower.
Section 2.024.02. HPG The Borrower shall enable ADB's representatives to inspect any Subborrower, any Subproject, Goods and HMG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, land and other resources as required, in addition to the proceeds of the Loan, for the carrying out of the Project.
(a) In carrying out the Project, HMG shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable to ADB.
(b) Except as ADB may otherwise agree, HMG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures to be financed out of the proceeds of the Loan in accordance with the provisions of paragraph 2 of Schedule 4 to the Loan Agreement. ADB may refuse to finance a contract where any such item has not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake to insure, or cause to be insured, the Goods to be imported for the Project against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintain, records and accounts adequate to identify the items of expenditure Works financed out of the proceeds of the Loan, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently any relevant records and documents maintained sound accounting principles, its operations by GFB and financial conditionGFTC.
Section 2.074.03. The Borrower shall cause GPG and GFTC to promptly take all action, including the provision of funds, facilities, services and other resources, which shall be necessary on its part to enable the EA relevant agencies of GPG and GFTC to perform their respective obligations under the Project Agreement, and shall not take or permit any action which would interfere with the performance of such obligations.
(a) ADB, HPG The Borrower shall exercise its rights under the Subsidiary Loan Agreement in such a manner as to protect the interests of the Borrower and HMG shall, ADB and HPG and HMG shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that accomplish the purposes of the Loan.
(b) The Borrower shall cause GPG and GFTC to exercise their rights under the Trust Agreement, Subloan Agreements and Subproject Agreements in such a manner as to protect the interests of the Borrower and ADB and to accomplish the purposes of the Loan.
(c) No rights or obligations under the Subsidiary Loan Agreement, Trust Agreement, Subloan Agreements and Subproject Agreements shall be accomplishedassigned, amended, abrogated or waived without the prior concurrence of ADB.
Appears in 1 contract
Samples: Loan Agreement
Particular Covenants. (a) HPG JPG and HMG JMG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units Agency to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technical, financial, business, and development practices and in accordance with this Project Agreement and the XXXpractices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG JPG and HMG JMG shall, and shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units Agency to, perform all obligations set forth in the Loan Agreement to the extent that they are applicable to HPG JPG, JMG and HMG, the Project Implementing Agencies and the Project Implementation UnitsAgency, and all obligations set forth in the Schedule to this Project Agreement.
Section 2.02. HPG JPG and HMG JMG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units Agency to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, land and other resources as required, in addition to the proceeds of the Loan, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG JMG shall cause the Project Implementing Agencies and the Project Implementation Units to, Agency to employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shall, and JMG shall cause the Project Implementing Agencies and the Project Implementation Units to, Agency to procure all items of expenditures to be financed out of the proceeds of the Loan in accordance with the provisions of paragraph 2 of Schedule 4 to the Loan Agreement. ADB may refuse to finance a contract where any such item has not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG JMG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units Agency to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, and JMG shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG JMG shall cause the Project Implementing Agencies and the Project Implementation Units Agency to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake JMG undertakes to insure, or cause to be insured, the Goods to be imported for the Project against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG JMG shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainbe maintained, records and accounts adequate to identify the items of expenditure financed out of the proceeds of the Loan, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG JPG and HMG shall, and HPG and HMG JMG shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG In the carrying out of the Project and HMG shallin the conduct of its business, MDF shall perform all the obligations set forth in the Loan Agreement, to the extent they are applicable to MDF, and shall cause in the Schedule to the Project Implementing Agencies and the Project Implementation Units to, Agreement.
(b) MDF shall carry out the Project with due diligence and efficiency, efficiency and in conformity with sound applicable technicaladministrative, financial, businessengineering, environmental and development practices and in accordance with this Project Agreement and the XXX.
(b) In carrying out the Project and operating the Project facilities, HPG and HMG shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Agreement to the extent that they are applicable to HPG and HMG, the Project Implementing Agencies and the Project Implementation Units, and all obligations set forth in the Schedule to this Project Agreement.
Section 2.02. HPG and HMG shall, and shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, land and other resources as required, in addition to the proceeds of the Loan, for the carrying out of the Projectbusiness practices.
(a) In carrying out the Project, HMG MDF shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractorscontractors for the subprojects, acceptable to ADBeligible for ADB financing, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shallall Goods, Works and shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures consulting services to be financed out of the proceeds of the Loan shall be procured in accordance with the provisions of paragraph 2 of Schedule 4 to the Loan Agreement. ADB may refuse to finance a contract where any such item has Goods, Works or consulting services have not been procured under the procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG Section 3.03. MDF shall engage not make a procurement agent subloan or grant to carry any MG unless such MG has at its disposal, or has made appropriate arrangements to obtain as and when required, all local currency funds, and other resources which are required for the carrying out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Planits subproject.
Section 2.043.04. HMG shall, and MDF shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to the Borrower and ADB. HMG shallWhen requested by ADB, and MDF shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG MDF shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of Project facilities the Goods financed out of the proceeds of the Loan to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake MDF undertakes to insure, or cause to be insured, the Goods to be imported for the Project and to be financed out of the proceeds of the Loan against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.063.06. HMG MDF shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintain, maintain records and accounts adequate to identify the items of expenditure financed out of the proceeds of the Loan, to disclose the use thereof in the Project, to record the progress of the Project and of each subproject (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principlesthe International Financial Reporting Standards, its the operations and financial conditioncondition of MDF.
Section 2.073.07. (a) ADB, HPG ADB and HMG shall, and HPG and HMG MDF shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG and HMG shall, and FRA shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technical, financial, business, and development practices and in accordance with this Project Agreement and the XXXpractices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG and HMG FRA shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Agreement to the extent that they are applicable to HPG and HMG, the Project Implementing Agencies and the Project Implementation Units, and all obligations set forth in the Schedule to this Project AgreementFRA.
Section 2.02. HPG and HMG shall, and FRA shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, land equipment and other resources as required, in addition to the proceeds of the Loan, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG FRA shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shall, and FRA shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures to be financed out of the proceeds of the Loan in accordance with the provisions of paragraph 2 of Schedule 4 to the Loan Agreement. ADB may refuse to finance a contract where any such item has not been procured under procedures substantially in accordance with those agreed between the Borrower Recipient and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, and FRA shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, and FRA shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG FRA shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake FRA undertakes to insure, or cause to be insured, the Goods to be imported for the Project against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG FRA shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainbe maintained, records and accounts adequate to identify the items of expenditure financed out of the proceeds of the Loan, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG ADB and HMG shall, and HPG and HMG FRA shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG and HMG shall, and MUB shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technical, financial, business, and development practices and in accordance with this Project Agreement and the XXXpractices.
(b) In the carrying out of the Project and operating the Project facilitiesProject, HPG and HMG MUB shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Agreements and the Grant Agreement to the extent that they are applicable to HPG and HMG, the Project Implementing Agencies and the Project Implementation Units, and all obligations set forth in the Schedule to this Project AgreementMUB.
Section 2.02. HPG and HMG shall, and MUB shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, land and other resources as required, in addition to the proceeds of the LoanLoans and the Grant, for the carrying out of the Project.
(a) In the carrying out of the Project and operation of the Project-related facilities, HMG MUB shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shall, and MUB shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures to be financed out of the proceeds of the Loan Loans and the Grant in accordance with the provisions of paragraph 2 of Schedule 4 to the Special Operations Loan Agreement. ADB may refuse to finance a contract where any such item has not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, and MUB shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, and MUB shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG MUB shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake MUB undertakes to insure, or cause to be insured, the Goods to be imported for the Project against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG MUB shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainbe maintained, records and accounts adequate to identify the items of expenditure financed out of the proceeds of the LoanLoans and the Grant, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG ADB and HMG shall, and HPG and HMG MUB shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall Loans and the Grant will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG APSCL and HMG shall, and BPDB shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technicaladministrative, financial, businessengineering, environmental and development practices and in accordance with this Project Agreement and the XXXpower sector practices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG APSCL and HMG BPDB shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Agreement to the extent that they are applicable to HPG APSCL and HMG, the Project Implementing Agencies and the Project Implementation Units, and all obligations set forth in the Schedule to this Project AgreementBPDB.
Section 2.02. HPG APSCL and HMG shall, and BPDB shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, land equipment, and other resources as which are required, in addition to the proceeds of the Loan, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG APSCL and BPDB shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractorsconsultants, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shallall Goods, Works and shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures Consulting Services to be financed out of the proceeds of the Loan shall be procured in accordance with the provisions of paragraph 2 of Schedule 4 to the Loan Agreement. ADB may refuse to finance a contract where any such item has Goods, Works or Consulting Services have not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, APSCL and BPDB shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules standards and construction methods specifications acceptable to ADB. HMG shall, APSCL and BPDB shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications standards and work schedulesspecifications, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG APSCL and BPDB shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB forADB, for insurance of the Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice. APSCL and BPDB shall be deemed to have opted for self- insurance in the absence of any specific insurance for the Project.
(b) Without limiting the generality of the foregoing, HMG APSCL and BPDB undertake to insure, or cause to be insured, the Goods to be imported for the Project and to be financed out of the proceeds of the Loan against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG APSCL and BPDB shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainbe maintained, records and accounts adequate to identify the items of expenditure financed out of the proceeds of the Loan, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its their operations and financial condition.
Section 2.07. (a) ADB, HPG APSCL and HMG shall, and HPG and HMG BPDB shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG and HMG shall, and ERRA shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technicaladministrative, financial, businessengineering, environmental and development practices and in accordance with this Project Agreement and the XXXsocial safeguard practices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG and HMG ERRA shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Financing Agreement to the extent that they are applicable to HPG ERRA.
(c) ERRA shall ensure that each IA identifies, develops, submits for approval and HMG, implements subprojects in accordance with the Project Implementing Agencies provisions of the Financing Agreement and the Project Implementation Units, and all obligations set forth in the Schedule to this Project Agreement.
Section 2.02. HPG and HMG shall, and ERRA shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, servicesservices equipment, land and other resources as which are required, in addition to the proceeds of the LoanLoan and the Grant, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG ERRA shall employ and shall cause the Project Implementing Agencies each EA and the Project Implementation Units to, IA to employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shall, all goods and shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures services to be financed out of the proceeds of the Loan and the Grant shall be procured in accordance with the provisions of paragraph 2 of Schedule 4 and Schedule 5 to the Loan Financing Agreement. ADB may refuse to finance a contract where any such item has goods or services have not been procured under procedures substantially in accordance with those agreed between the Borrower Beneficiary and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, ERRA shall ensure that each EA and IA shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, and ERRA shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG ERRA shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of the Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake ERRA undertakes to insure, or cause to be insured, the Goods goods to be imported for the Project and to be financed out of the proceeds of the Loan or the Grant against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goodsgoods.
Section 2.06. HMG ERRA shall maintain, or cause the Project Implementing Agencies each EA and the Project Implementation Units IA to maintain, records and accounts adequate to identify the goods and services and other items of expenditure financed out of the proceeds of the LoanLoan or the Grant, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG ADB and HMG shall, and HPG and HMG ERRA shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall and the Grant will be accomplished.
Appears in 1 contract
Samples: Project Agreement
Particular Covenants. (a) HPG and HMG shall, and HPC shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project with due diligence and efficiency, and in conformity with sound applicable technical, financial, business, and development practices and in accordance with this Project Agreement and the XXXpractices.
(b) In the carrying out of the Project and operating operation of the Project facilities, HPG and HMG HPC shall perform or cause to be performed by the Project Implementing Agencies and the Project Implementation Units all obligations set forth in the Loan Agreement Agreements to the extent that they are applicable to HPG and HMG, the Project Implementing Agencies and the Project Implementation Units, and all obligations set forth in the Schedule to this Project AgreementHPC.
Section 2.02. HPG and HMG shall, and HPC shall cause the Project Implementing Agencies and the Project Implementation Units to, make available, promptly as needed, and on terms and conditions acceptable to ADB, the funds, facilities, services, land and other resources as required, in addition to the proceeds of the LoanLoans, for the carrying out of the Project.
(a) In the carrying out of the Project, HMG HPC shall cause the Project Implementing Agencies and the Project Implementation Units to, employ competent and qualified consultants and contractors, acceptable to ADB, to an extent and upon terms and conditions acceptable satisfactory to ADB.
(b) Except as ADB may otherwise agree, HMG shall, and HPC shall cause the Project Implementing Agencies and the Project Implementation Units to, procure all items of expenditures to be financed out of the proceeds of the Loan Loans in accordance with the provisions of paragraph 2 of Schedule 4 to the Special Operations Loan Agreement and Schedule 5 to the CTF Loan Agreement. ADB may refuse to finance a contract where any such item has not been procured under procedures substantially in accordance with those agreed between the Borrower and ADB or where the terms and conditions of the contract are not acceptable satisfactory to ADB.
(c) HMG shall engage a procurement agent to carry out the Project in accordance with the terms and conditions set forth in the Procurement Plan. HMG shall ensure that such procurement agent follows all of the requirements of the Loan Agreement, this Project Agreement and the Procurement Plan.
Section 2.04. HMG shall, and HPC shall cause the Project Implementing Agencies and the Project Implementation Units to, carry out the Project in accordance with plans, design standards, specifications, work schedules and construction methods acceptable to ADB. HMG shall, and HPC shall cause the Project Implementing Agencies and the Project Implementation Units to, furnish, or cause to be furnished, to ADB, promptly after their preparation, such plans, design standards, specifications and work schedules, and any material modifications subsequently made therein, in such detail as ADB shall reasonably request.
(a) HMG HPC shall cause the Project Implementing Agencies and the Project Implementation Units to take out and maintain with responsible insurers, or make other arrangements satisfactory to ADB for, insurance of Project facilities to such extent and against such risks and in such amounts as shall be consistent with sound practice.
(b) Without limiting the generality of the foregoing, HMG undertake HPC undertakes to insure, or cause to be insured, the Goods to be imported for the Project against hazards incident to the acquisition, transportation and delivery thereof to the place of use or installation, and for such insurance any indemnity shall be payable in a currency freely usable to replace or repair such Goods.
Section 2.06. HMG HPC shall maintain, or cause the Project Implementing Agencies and the Project Implementation Units to maintainbe maintained, records and accounts adequate to identify the items of expenditure financed out of the proceeds of the LoanLoans, to disclose the use thereof in the Project, to record the progress of the Project (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, its operations and financial condition.
Section 2.07. (a) ADB, HPG ADB and HMG shall, and HPG and HMG HPC shall cause the Project Implementing Agencies and the Project Implementation Units to, cooperate fully to ensure that the purposes of the Loan shall Loans will be accomplished.
Appears in 1 contract
Samples: Project Agreement