Common use of Procurement Audits Clause in Contracts

Procurement Audits. The Recipient shall, not later than six months after the end of each Fiscal Year, or such later date as the Association may agree, furnish to the Association an audit report on the procurement of goods, works and consultants’ services carried out under the Project, prepared by the independent procurement auditors referred to in Part A.2 of this Section. On each March 15 and September 15 Commencing September 15, 2016, to and including March 15, 2026. 1% commencing September 15, 2026, to and including March 15, 2046. 2% *The percentages represent the percentage of the principal amount of the Credit to be repaid, except as the Association may otherwise specify pursuant to Section 3.03 (b) of the General Conditions.

Appears in 2 contracts

Samples: Financing Agreement, Financing Agreement

AutoNDA by SimpleDocs

Procurement Audits. The Recipient shall, not later than six months after the end of each Fiscal Year, or such later date as the Association may agree, furnish to the Association an audit report on the procurement of goods, works and consultants’ services carried out under the Project, prepared by the independent procurement auditors referred to in Part A.2 of this Section. On each March 15 and September 15 Commencing September November 15, 2016, 2016 to and including March May 15, 2026. 2026 1% commencing September Commencing November 15, 2026, 2026 to and including March May 15, 2046. 2046 2% *The percentages represent the percentage of the principal amount of the Credit to be repaid, except as the Association may otherwise specify pursuant to Section 3.03 (b) of the General Conditions.

Appears in 1 contract

Samples: Financing Agreement

Procurement Audits. The Recipient shall, not later than six months after the end of each Fiscal Year, or such later date as the Association may agree, furnish to the Association an audit report on the procurement of goods, works and consultants’ services carried out under the Project, prepared by the independent procurement auditors referred to in Part A.2 of this Section. On each March 15 January 1 and September 15 Commencing September 15July 1: commencing July 1, 2016, 2016 to and including March 15January 1, 2026. 2026 1% commencing September 15July 1, 2026, 2026 to and including March 15January 1, 2046. 2046 2% *The percentages represent the percentage of the principal amount of the Credit to be repaid, except as the Association may otherwise specify pursuant to Section 3.03 (b) of the General Conditions.

Appears in 1 contract

Samples: Financing Agreement

AutoNDA by SimpleDocs

Procurement Audits. The Recipient shall, not later than six months after the end of each Fiscal Year, or such later date as the Association may agree, furnish to the Association an audit report on the procurement of goods, works and consultants’ services carried out under the Project, prepared by the independent procurement auditors referred to in Part A.2 of this Section. On each March May 15 and September November 15 Commencing September November 15, 2016, 2016 to and including March May 15, 2026. 2026 1% commencing September Commencing November 15, 2026, 2026 to and including March May 15, 2046. 2046 2% *The percentages represent the percentage of the principal amount of the Credit to be repaid, except as the Association may otherwise specify pursuant to Section 3.03 (b) of the General Conditions.

Appears in 1 contract

Samples: Financing Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!