Common use of Special Accounts Clause in Contracts

Special Accounts. 1. The Borrower may open and maintain in Dollars in its central bank, on terms and conditions satisfactory to the Bank, two separate special deposit accounts (Special Account A, for Parts C and D of the Project, and Special Account B, for Part B of the Project).

Special Accounts. 1. The Borrower may open and maintain in Dollars two separate special deposit accounts, one for Part A through D of the Project (Special Account A) and one for Part E of the Project (Special Account B), each in its central banka commercial bank acceptable to the Association, on terms and conditions satisfactory to the BankAssociation, two separate special deposit accounts (Special Account Aincluding appropriate protection against set-off, for Parts C seizure and D of the Project, and Special Account B, for Part B of the Project)attachment.

Special Accounts. 1. The Borrower may shall open and maintain in Dollars special deposit accounts: (a) Special Account A for the purposes of Part A of the Project; and (b) Special Account B for the purposes of Parts B, C, D and E of the Project; in its central banka commercial bank or banks, on terms and conditions satisfactory to the BankAssociation, two separate special deposit accounts (Special Account Aincluding appropriate protection against set-off, for Parts C seizure and D of the Project, and Special Account B, for Part B of the Project)attachment.

Special Accounts. 1. The Borrower may open and maintain in Dollars Dollars: (a) a special deposit account for Parts A, B, C and E of the Project (Special Account A); and (b) a special deposit account for Part D of the Project (Special Account B), both in its central banka commercial bank satisfactory to the Bank and specifically authorized for this purpose by the Bangko Sentral ng Pilipinas, on terms and conditions satisfactory to the Bank, two separate special deposit accounts (Special Account Aincluding appropriate protection against set-off, for Parts C seizure and D of the Project, and Special Account B, for Part B of the Project)attachment.

Special Accounts. 1. The Borrower may shall open and maintain in Dollars Special Account Credit and Special Account Grant in its central bankCentral Bank, on terms and conditions satisfactory to the Bank, two separate special deposit accounts (Special Account A, for Parts C and D of the Project, and Special Account B, for Part B of the Project)Association.