Common use of Reimbursement of Expenditures Clause in Contracts

Reimbursement of Expenditures. (a) Upon fulfillment of the requirements set forth in Articles 4.01 and 4.03 of these General Conditions and the pertinent requirements established in the Special Conditions, the Bank may disburse to reimburse the Borrower and/or the Executing Agency, as the case may be, for expenditures related to the execution of the Project that are eligible to be financed with resources of the Loan, pursuant to the provisions of this Contract. (b) Except by express agreement between the parties, the disbursement requests for reimbursing expenditures financed by the Borrower and/or Executing Agency, as the case may be, in accordance with paragraph (a) above, shall be made promptly following the incurrence of such expenses, or not later than sixty (60) days following the conclusion of each Semester or within such other term as the parties may agree.

Reimbursement of Expenditures. (a) Upon With resources of the Financing and upon fulfillment of the requirements set forth in Articles 4.01 and 4.03 of these General Conditions and the pertinent requirements established in the Special Conditions, the Bank may disburse resources of the Financing to reimburse the Borrower and/or the Executing Agency, as the case may be, be for expenditures related to the execution of the Project that are eligible to be financed with resources of the LoanFinancing, pursuant to the provisions of this Contract. (b) Except by express agreement between the parties, the disbursement requests for reimbursing expenditures financed by the Borrower and/or Executing Agency, as the case may be, in accordance with paragraph (a) above, shall be made promptly following the incurrence of such expenses, or not later than sixty (60) days following the conclusion of each Semester or within such other term as the parties may agree.

Reimbursement of Expenditures. (a) Upon fulfillment of the requirements set forth in Articles 4.01 3.01 and 4.03 3.03 of these General Conditions and the pertinent requirements established in the Special Conditions, the Bank may disburse resources from the Contribution to reimburse the Borrower Beneficiary and/or the Executing Agency, as the case may be, for expenditures related to the execution of the Project that are eligible to be financed with resources of the LoanContribution, pursuant to the provisions of this ContractAgreement. (b) Except by express agreement between the parties, the disbursement requests for reimbursing expenditures financed by the Borrower Beneficiary and/or Executing Agency, as the case may be, in accordance with paragraph (a) above, shall be made promptly following the incurrence of such expenses, or not later than sixty (60) days following the conclusion of each Semester or within such other term as the parties may agree.