Retroactive Financing. 5. Withdrawals from the Loan Account may be made for reimbursement of eligible expenditures incurred under the Project before the Effective Date, but not earlier than 12 months before the date of this Loan Agreement in connection with items to be retroactively financed, subject to a maximum amount equivalent to 20% of the Loan amount. Schedule 3 Condition for Withdrawals from Loan Account
Retroactive Financing. 8. The Recipient may use part of the proceeds of the Grant for reimbursement of eligible expenditures incurred under the Project before the Effective Date, but not earlier than the declaration of the emergency on 12 March 2020, subject to a maximum amount equivalent to 30% of the Grant amount. To: WITHDRAWAL APPLICATION Asian Development Bank (ADB) 0 XXX Xxxxxx, Xxxxxxxxxxx Xxxx 0000 Xxxxx Xxxxxx, Xxxxxxxxxxx ADB Grant No. - Application No. Oct 2017 Attention: Loan Administration Division, Controller's Department (CTLA)
Retroactive Financing. 5. Withdrawals from the Grant Account may be made to finance eligible expenditures incurred under the Project before the Effective Date, but not earlier than 12 months before the date of thrs Grant Agreement in connection with Works, Goods and Consulting Services, subject to a maximum amount equivalent to 20% of the Grant amount. Schedule 2
Retroactive Financing. 6. Withdrawals from the Loan Account may be made for reimbursement of eligible expenditures incurred under the Project before the Effective Date, but not earlier than 12 months before the date of this Loan Agreement in connection with such Goods as agreed upon between the Borrower and ADB in the XXX, and Consulting Services, subject to a maximum amount equivalent to 20% of the Loan amount. Attachment to Schedule 2 TABLE ALLOCATION AND WITHDRAWAL OF LOAN PROCEEDS (SOE Reform and Corporate Governance Facilitation Program-Project 2) Number Item Total Amount Allocated for ADB Financing (SDR equivalent) Percentage and Basis for Withdrawal from the Loan Account Category Subcategory 1 Consulting Services 4,449,000 1A CC1 1,527,000 100% of total expenditure claimed* 1B SDC 664,000 100% of total expenditure claimed* 1C VINATEX 2,258,000 100% of total expenditure claimed* 2 Equipment 2,192,000 2A CC1 1,129,000 100% of total expenditure claimed* 2B VINATEX 1,063,000 100% of total expenditure claimed* 3 Interest Charge 149,000 100% of total amount due Total 6,790,000 *Exclusive of taxes and duties imposed within the territory of the Borrower. SCHEDULE 3
Retroactive Financing. 1. In order to ensure early project start-up, avoid gaps between sequential projects and prevent delays, the aCP States may, on completion of project appraisal and before the financing decision is taken, pre-finance activities linked to the start-up of programmes, preliminary and seasonal work, orders for equipment with long delivery lead times as well as some on-going operations. Such expenditure shall satisfy the procedures provided for in this agreement.
Retroactive Financing. 5. Withdrawals from the Loan Account may be made for reimbursement of eligible expenditures specified in the XXX and incurred under the Project before the Effective Date, but not earlier than 12 months before the date of this Loan Agreement in connection with items to be retroactively financed, subject to a maximum amount equivalent to 30% of the Loan amount. Attachment to Schedule 3 TABLE ALLOCATION AND WITHDRAWAL OF LOAN PROCEEDS (KALAHI-CIDSS National Community-Driven Development Project) Number Item Total Amount Allocated for ADB Financing ($) Category Subcategory Basis for Withdrawal from the Loan Account 1 Grants 358,581,000 1A Investment 310,076,000 100% of total expenditure claimed 1B Planning 48,505,000 100% of total expenditure claimed 2 Equipment, Furniture Vehicle and 1,073,000 100% of total expenditure claimed 3 Advocacy Materials and IEC 156,000 100% of total expenditure claimed 4 Training, Workshops and Meetings 9,413,000 4A ACT 3,829,000 100% of total expenditure claimed 4B LGU/BUB Implementers 5,274,000 100% of total expenditure claimed 4C NPMO/RPMO 310,000 100 % of total expenditure claimed 5 Consulting Services 1,200,000 5A Capacity Development 1,000,000 100% of total expenditure claimed 5B Advocacy 100,000 100% of total expenditure claimed 5C Studies 100,000 100% of total expenditure claimed 6 Monitoring and Evaluation 1,160,000 100% of total expenditure claimed 7 Unallocated 520,895 Total 372,103,895 SCHEDULE 4 Procurement of Goods, Works and Consulting Services General
Retroactive Financing. Retroactive financing will be allowed for eligible expenditures1 not exceeding 20.0% under each tranche, incurred before loan effectiveness, but not earlier than 12 months before signing of the loan agreements. Any retroactive financing would comply with the same ADB requirements as for any other subprojects funded under PPIDF 3.
Retroactive Financing. 5. Withdrawals from the Grant Account may be made for reimbursement of eligible expenditures incurred under the Project before the Effective Date, but not earlier than 12 months before the date of this Grant Agreement, subject to a maximum amount equivalent to 20% of the Grant amount. Attachment to Schedule 1 TABLE ALLOCATION AND WITHDRAWAL OF GRANT PROCEEDS (Flood and Riverbank Erosion Risk Management Investment Program – Project 1) Total Amount Allocated for Government of Number Item Netherlands Financing Basis for Withdrawal from the Grant Account ($) Category 1 Works – Pilot Land Recovery/River Training 4,300,000 91% of total expenditure claimed 2 Consulting Services – Project management BWDB 10,700,000 74% of total expenditure claimed 3 ADB Administration Fees and Other Charges* 300,000 100% percent of amounts due Total 15,300,000 * This amount also serves as a reserve for payment of ADB’s administration fees and bank charges or other
Retroactive Financing. 6. Withdrawals from the Loan Account may be made for reimbursement of eligible expenditures incurred under the Project before the Effective Date, but not earlier than Schedule 3 12 months before the date of this Loan Agreement, subject to a maximum amount equivalent to 20% of the Loan amount. Attachment to Schedule 3 TABLE ALLOCATION AND WITHDRAWAL OF LOAN PROCEEDS (Integrated Road Investment Program – Tranche 1) Number Item Total Amount Allocated for ADB Financing (SDR) Category Basis for Withdrawal from the Loan Account 1 Works 55,052,000 100% of total expenditure claimed* 2 Consulting Services 5,181,000 100% of total expenditure claimed* 3 Project Management 2,040,000 100% of total expenditure claimed* 4 Interest Charge 2,494,000 100% of amount due Total 64,767,000 *Exclusive of taxes and duties imposed within the territory of the Borrower. SCHEDULE 4
Retroactive Financing. 15 Include applicable eligible expense categories. 16 This article needs to be interpreted in line with Article 3.2 of the Framework Agreement. 17 Include applicable eligible expense categories. [5.1] The Trust Fund funds may be used to retroactively finance payments for eligible expenditures made as of [insert date] in accordance with the Bank’s applicable policies and procedures.] ANNEX 2 Standard Provisions [This Annex shall be applicable to and form an integral part of the Administration Agreement for the Trust Fund between the Bank and the Donor, it being understood that any plural references in the annexes to Donors, Administration Agreements, Contributions and pro rata shares shall be read as singular references18 to the Donor, its Administration Agreement, its Contributions thereunder and the remaining uncommitted balance of the Trust Fund, respectively.]19 [This Annex shall be applicable to and form an integral part of all Administration Agreements between the Bank and the respective Donors.]20
