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Common use of Program Action Plan Clause in Contracts

Program Action Plan. (a) The Borrower shall carry out the Program Action Plan, in accordance with the schedule set out in the said Program Action Plan, in a manner satisfactory to the Bank. (b) The Borrower shall not assign, amend, abrogate, or waive, or permit to be assigned, amended, abrogated, or waived, any of the Program Action Plan provisions without the prior consent of the Bank and such consent shall not be unreasonably withheld.

Appears in 1 contract

Samples: Loan Agreement

Program Action Plan. 1. The Borrower shall cause the Program Implementing Entity to: (a) The Borrower shall carry out implement the Program Action Plan agreed with the Bank, in a manner and substance satisfactory to the Bank; and (b) refrain from amending, revising, waiving, voiding, suspending or abrogating, any provision of the Program Action Plan, whether in accordance with whole or in part, without the schedule set out in the said Program Action Plan, in a manner satisfactory to prior written concurrence of the Bank. (b) The Borrower shall not assign, amend, abrogate, or waive, or permit to be assigned, amended, abrogated, or waived, 2. In the event of any inconsistency between the provision of the Program Action Plan provisions without and those of this Agreement and/or the prior consent Program Agreement, the provision of the Bank and such consent latter agreement(s) shall not be unreasonably withheldgovern.

Appears in 1 contract

Samples: Loan Agreement

Program Action Plan. 1. The Borrower shall, through MFEPT and MESA: (a) The Borrower shall carry out implement the Program Action Plan agreed with the Bank, in a manner and substance satisfactory to the Bank; and (b) refrain from amending, revising, waiving, voiding, suspending or abrogating, any provision of the Program Action Plan, whether in accordance with whole or in part, without the schedule set out in the said Program Action Plan, in a manner satisfactory to prior written concurrence of the Bank. (b) The Borrower shall not assign, amend, abrogate, or waive, or permit to be assigned, amended, abrogated, or waived, 2. In the event of any conflict between the provision of the Program Action Plan provisions without and those of this Agreement, the prior consent provision of the Bank and such consent this Agreement shall not be unreasonably withheldprevail.

Appears in 1 contract

Samples: Loan Agreement

Program Action Plan. 1. The Borrower shall: (a) The Borrower shall carry out implement the Program Action Plan agreed with the Bank, in a manner and substance satisfactory to the Bank; and (b) refrain from amending, revising, waiving, voiding, suspending or abrogating, any provision of the Program Action Plan, whether in accordance with whole or in part, without the schedule set out in the said Program Action Plan, in a manner satisfactory to prior written concurrence of the Bank. (b) The Borrower shall not assign, amend, abrogate, or waive, or permit to be assigned, amended, abrogated, or waived, 2. In the event of any inconsistency between the provision of the Program Action Plan provisions without the prior consent and those of the Bank and such consent this Agreement, this Agreement shall not be unreasonably withheldgovern.

Appears in 1 contract

Samples: Loan Agreement

Program Action Plan. 1. The Borrower shall: (a) The Borrower shall carry out cause the Program Action Plan, Plan agreed with the Bank to be carried out in accordance with the schedule set out in the said Program Action Plan, in a manner satisfactory to the Bank. ; and (b) maintain policies and procedures adequate to enable it to monitor and evaluate, in a manner and substance satisfactory to the Bank, the implementation of the said Program Action Plan. 2. The Borrower shall not assign, materially and/or substantially amend, abrogaterevise, or waive, abrogate or permit to be assigned, amended, abrogated, or waived, suspend any provision of the Program Action Plan provisions without the prior written consent of the Bank and such consent shall not be unreasonably withheldBank.

Appears in 1 contract

Samples: Loan Agreement