Common use of Special Account Clause in Contracts

Special Account. 1. The Recipient may open and maintain in Dollars a special deposit account in a commercial Bank acceptable to the Association, on terms and conditions satisfactory to the Association, including appropriate protection against set-off, seizure and attachment.

Appears in 10 contracts

Samples: Development Grant Agreement, Development Grant Agreement, Development Grant Agreement

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Special Account. 1. The Recipient may open and maintain in Dollars a special deposit account in a commercial Bank bank acceptable to the AssociationBank, on terms and conditions satisfactory to the AssociationBank, including appropriate protection against set-off, seizure and attachment.

Appears in 4 contracts

Samples: Global Environment Facility Trust Fund Grant Agreement, Global Environment Facility Trust Fund Grant Agreement, Global Environment Facility Trust Fund Grant Agreement

Special Account. 1. The Recipient may open and maintain in Dollars a special deposit account in a commercial Bank bank acceptable to the Association, on terms and conditions satisfactory to the Association, including appropriate protection against set-off, seizure and attachment.

Appears in 3 contracts

Samples: Development Grant Agreement, Development Grant Agreement, Development Grant Agreement

Special Account. 1. The Recipient may open and maintain in Dollars a special deposit account in a commercial Bank bank acceptable to the AssociationAdministrator, on terms and conditions satisfactory to the AssociationAdministrator, including appropriate protection against set-off, seizure and attachment.

Appears in 2 contracts

Samples: Grant Agreement, Fund Grant Agreement

Special Account. 1. The Recipient may shall open and maintain in Dollars a special deposit account in a commercial Bank acceptable to the Associationbank, on terms and conditions satisfactory to the AssociationBank, including appropriate protection against set-off, seizure and attachment.

Appears in 2 contracts

Samples: Global Environment Facility Trust Fund Grant Agreement, Global Environment Facility Trust Fund Grant Agreement

Special Account. 1. The Recipient may open and maintain in Dollars a special deposit account in a commercial Bank acceptable to the AssociationBank, on terms and conditions satisfactory to the AssociationBank, including appropriate protection against set-off, seizure and attachment.

Appears in 2 contracts

Samples: Global Environment Facility Trust Fund Grant Agreement, Fund Grant Agreement

Special Account. 1. The Recipient may shall open and maintain in Dollars a special deposit account account, in a commercial Bank acceptable to the Associationbank, on terms and conditions satisfactory to the AssociationAdministrator, including appropriate protection against set-off, seizure and attachment.

Appears in 1 contract

Samples: Trust Fund Grant Agreement

Special Account. 1. The Recipient may open and maintain in Dollars a special deposit account in a commercial Bank acceptable to the Associationits Central Bank, on terms and conditions satisfactory to the Association, including appropriate protection against set-off, seizure and attachment.

Appears in 1 contract

Samples: Development Grant Agreement

Special Account. 1. The Recipient may shall open and maintain in Dollars United States dollars a special deposit account in a commercial Bank acceptable to the Associationbank, on terms and conditions satisfactory to the AssociationAdministrator, including appropriate protection against set-off, seizure and attachment.

Appears in 1 contract

Samples: Grant Agreement

Special Account. 1. The Recipient may shall open and maintain in Dollars a special deposit account in a commercial Bank acceptable to the Association, bank on terms and conditions satisfactory to the Association, Bank including appropriate protection against set-off, seizure and attachment.

Appears in 1 contract

Samples: Grant Agreement

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Special Account. 1. The Recipient may open and maintain in Dollars a special deposit account in a commercial Bank acceptable to the AssociationRecipient’s Banco de Reserva Federal (the Recipient’s Central Bank), on terms and conditions satisfactory to the AssociationBank, including appropriate protection against set-off, seizure and attachment.

Appears in 1 contract

Samples: Trust Fund Grant Agreement

Special Account. 1. The Recipient may shall open and maintain in Dollars dollars a separate special deposit account in a commercial Bank acceptable to the Associationbank, on terms and conditions satisfactory to the AssociationBank, including appropriate protection against set-off, seizure and attachment.

Appears in 1 contract

Samples: Grant Agreement

Special Account. 1. The Recipient may open and maintain in Dollars a special deposit account in a commercial Bank acceptable to the Association, its central bank on terms and conditions satisfactory to the Association, including appropriate protection against set-off, seizure and attachmentAssociation for carrying out the Project.

Appears in 1 contract

Samples: Development Grant Agreement

Special Account. 1. The Recipient may open and maintain in Dollars N$ a special deposit account in a commercial Bank acceptable to the AssociationBank, on terms and conditions satisfactory to the AssociationBank, including appropriate protection against set-off, seizure and attachment.

Appears in 1 contract

Samples: Global Environment Facility Trust Fund Grant Agreement

Special Account. 1. The Recipient may shall open and maintain in Dollars a special deposit account account, in a commercial Bank acceptable to the Associationbank, on terms and conditions satisfactory to the AssociationBank, including appropriate protection against set-off, seizure and attachment.

Appears in 1 contract

Samples: Fund Grant Agreement

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