Common use of Semi-Annual Progress Reports and Mid-Term Review Clause in Contracts

Semi-Annual Progress Reports and Mid-Term Review. The Borrower, through MEM and PEU and within the framework of SNIP, shall: (a) prepare, under terms of reference satisfactory to the Bank, and furnish to the Bank, on or about January 31 and July 31 of each year, starting on the first such date after the Effective Date, a semi-annual progress report integrating the results of the monitoring and evaluation activities performed pursuant to paragraph 1 (b) of this Schedule, on the progress achieved in the carrying out of the Project during the period preceding the date of said report and setting out the measures recommended to ensure the efficient carrying out of the Project and the achievement of the objective thereof during the period following such date; (b) review with the Bank, by February 28 and August 31 of each year, starting on the month following the presentation of the first semi-annual progress report, or such later date as the Bank shall request, the report referred to in subparagraph (a) of this paragraph, and, thereafter, take all measures required to ensure the efficient completion of the Project and the achievement of the objective thereof, based on the conclusions and recommendations of the said report and the Bank’s views on the matter; (c) by January 31, 2009, or such other date as the Bank shall agree upon, carry out jointly with the Bank a mid-term review of the implementation of operations under the Project (Midterm Review). The Midterm Review shall cover the progress achieved in the implementation of the Project; and (d) following such Midterm Review, act promptly and diligently to take any corrective action as shall be recommended by the Bank.

Semi-Annual Progress Reports and Mid-Term Review. The Borrower, through MEM and PEU INCAGRO-PMU and within the framework of SNIP, shall: (a) prepare, under terms of reference satisfactory to the Bank, and furnish to the Bank, on or about January 31 and July 31 of each year, starting on the first such date after the Effective Date, a semi-annual progress report integrating the results of the monitoring and evaluation activities performed pursuant to paragraph 1 (b) of this Schedule, on the progress achieved in the carrying out of the Project during the period preceding the date of said report and setting out the measures recommended to ensure the efficient carrying out of the Project and the achievement of the objective objectives thereof during the period following such date; (b) review with the Bank, by February 28 and August 31 of each year, starting on the month following the presentation of the first semi-annual progress report, or such later date as the Bank shall request, the report referred to in subparagraph (a) of this paragraph, and, thereafter, take all measures required to ensure the efficient completion of the Project and the achievement of the objective objectives thereof, based on the conclusions and recommendations of the said report and the Bank’s views on the matter; (c) by January July 31, 20092007, or such other date as the Bank shall agree upon, carry out jointly with the Bank a mid-term review of the implementation of operations under the Project (Midterm Review). The Midterm Review shall cover the progress achieved in the implementation of the Project; and (d) following such Midterm Review, act promptly and diligently to take any corrective action as shall be recommended by the Bank.

Semi-Annual Progress Reports and Mid-Term Review. The Borrower, through MEM and PEU and within the framework of SNIPMINCETUR, shall: (a) prepare, under terms of reference satisfactory to the Bank, and furnish to the Bank, on or about January 31 and July 31 of each year, starting on the first such date after the Effective Date, a semi-annual progress report integrating the results of the monitoring and evaluation activities performed pursuant to paragraph 1 (b) of this Schedule, on the progress achieved in the carrying out of the Project during the period preceding the date of said report and setting out the measures recommended to ensure the efficient carrying out of the Project and the achievement of the objective objectives thereof during the period following such date; (b) review with the Bank, by February 28 and August 31 of each year, starting on the month following the presentation of the first semi-annual progress report, or such later date as the Bank shall request, the report referred to in subparagraph (a) of this paragraph, and, thereafter, take all measures required to ensure the efficient completion of the Project and the achievement of the objective objectives thereof, based on the conclusions and recommendations of the said report and the Bank’s views on the matter; (c) by January 31, 20092007, or such other date as the Bank shall agree upon, carry out jointly with the Bank a mid-term review of the implementation of operations under the Project (Midterm Review). The Midterm Review shall cover the progress achieved in the implementation of the Project; and (d) following such Midterm Review, act promptly and diligently to take any corrective action as shall be recommended by the Bank.

Semi-Annual Progress Reports and Mid-Term Review. The BorrowerRecipient, through MEM and PEU and within the framework of SNIP, shall: (a) prepare, under terms of reference satisfactory to the Bank, and furnish to the Bank, on or about January 31 and July 31 of each year, starting on the first such date after the Effective Date, a semi-annual progress report integrating the results of the monitoring and evaluation activities performed pursuant to paragraph 1 (b1(b) of this Schedule, on the progress achieved in the carrying out of the Project during the period preceding the date of said report and setting out the measures recommended to ensure the efficient carrying out of the Project and the achievement of the objective thereof during the period following such date; (b) review with the Bank, by February 28 and August 31 of each year, starting on the month following the presentation of the first semi-annual progress report, or such later date as the Bank shall request, the report referred to in subparagraph (a) of this paragraph, and, thereafter, take all measures required to ensure the efficient completion of the Project and the achievement of the objective thereof, based on the conclusions and recommendations of the said report and the Bank’s views on the matter; (c) by January 31, 2009, or such other date as the Bank shall agree upon, carry out jointly with the Bank a mid-term review of the implementation of operations under the Project (Midterm Review). The Midterm Review shall cover the progress achieved in the implementation of the Project; and (d) following such Midterm Review, act promptly and diligently to take any corrective action as shall be recommended by the Bank.

Semi-Annual Progress Reports and Mid-Term Review. The Borrower, through MEM and PEU and within the framework of SNIPPROTRANSPORTE, shall: (a) prepare, under terms of reference satisfactory to the Bank, and furnish to the Bank, on or about January 31 31, and July 31 of each year, year starting on the first such date after the Effective Date, a semi-annual progress report integrating the results of the monitoring and evaluation activities performed pursuant to paragraph 1 (b) of this Schedule, on the progress achieved in the carrying out of the Project during the period preceding the date of said report and setting out the measures recommended to ensure the efficient carrying out of the Project and the achievement of the objective objectives thereof during the period following such date; (b) review with the Bank, by February 28 and August 31 of each year, year starting on the month following the presentation of the first semi-annual progress report, or such later date as the Bank shall request, the report referred to in subparagraph (a) of this paragraph, and, thereafter, take all measures required to ensure the efficient completion of the Project and the achievement of the objective objectives thereof, based on the conclusions and recommendations of the said report and the Bank’s views on the matter; (c) by January 31April 30, 20092006, or such other date as the Bank shall agree upon, carry out jointly with the Bank a mid-term review of the implementation of operations under the Project (Midterm Review). The Midterm Review shall cover the progress achieved in the implementation of the Project; and (d) following such Midterm Review, act promptly and diligently to take any corrective action as shall be recommended by the Bank.