Common use of Subsidiary Agreement and Implementation Agreements Clause in Contracts

Subsidiary Agreement and Implementation Agreements. 1. To facilitate the carrying out of Part 2 of the Project, the Recipient shall make part of the proceeds of the Financing available to FPS through a subsidiary agreement between the Recipient and FPS, under terms satisfactory to the Association (“Subsidiary Agreement”), including, inter alia, FPS’s obligation to provide all the necessary information and documentation to VPPTA related to the implementation of Part 2 of the Project (including but not limited to, the information required for compliance with Section III.D of Schedule 2 to this Agreement).

Subsidiary Agreement and Implementation Agreements. 1. To facilitate the carrying out of Part 2 of the Project, the Recipient shall make part of the proceeds of the Financing available to FPS through a subsidiary agreement between the Recipient and FPS, under terms satisfactory to the Association (“Subsidiary Agreement”), including, inter alia, FPS’s obligation to provide all the necessary information and documentation to VPPTA VMD related to the implementation of Part 2 of FPS’s responsibilities under the Project (including including, but not limited to, the information required for compliance with Section III.D of Schedule 2 to this Agreement).

Subsidiary Agreement and Implementation Agreements. 1. To facilitate the carrying out of Part 2 of the Project, the Recipient shall make part of the proceeds of the Financing available to FPS through a subsidiary agreement between the Recipient and FPS, under terms satisfactory to the Association (“Subsidiary Agreement”), including, inter alia, FPS’s obligation to provide all the necessary information and documentation to VPPTA VMT related to the implementation of Part 2 of FPS’s responsibilities under the Project (including but not limited to, the information required for compliance with Section III.D of Schedule 2 to this Agreement).