Common use of Project Review Clause in Contracts

Project Review. The Borrower, MDF and ADB shall undertake Project review twice a year for the first two (2) years of the Project implementation and once a year thereafter. A mid-term review shall be conducted two (2) years after the commencement of the Project implementation. The mid-term review shall include a detailed evaluation of the Project scope, implementation arrangements and progress in achieving scheduled targets and compliance with Loan covenants.

Project Review. The Borrower, MDF and ADB shall undertake Project review twice a year for the first two (2) years of the Project implementation and once a year thereafter. A mid-term review shall be conducted two (2) years after the commencement of the Project implementation. The mid-term review shall include a detailed evaluation of the Project scope, implementation arrangements arrangements, and progress in achieving scheduled targets and compliance with Loan loan covenants.

Project Review. The Borrower, MDF and ADB shall undertake Project review twice a year for the first two (2) 2 years of the Project implementation and once a year thereafter. A mid-term review shall be conducted two (2) 2 years after the commencement of the Project implementation. The mid-mid- term review shall include a detailed evaluation of the Project scope, implementation arrangements and progress in achieving scheduled targets and compliance with Loan loan covenants.