Common use of Subsidiary Agreement Clause in Contracts

Subsidiary Agreement. 1. To facilitate the carrying out of the Project, the Recipient shall make the proceeds of the Financing available to the Project Implementing Entity under a subsidiary agreement between the Recipient and the Project Implementing Entity, under terms and conditions approved by the Association (“Subsidiary Agreement”). 2. The Recipient shall exercise its rights under the Subsidiary Agreement in such manner as to protect the interests of the Recipient and the Association and to accomplish the purposes of the Financing. Except as the Association shall otherwise agree, the Recipient shall not assign, amend, abrogate or waive the Subsidiary Agreement or any of its provisions.

Appears in 10 contracts

Samples: Financing Agreement, Financing Agreement, Financing Agreement

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Subsidiary Agreement. 1. To facilitate the carrying out of the Project, the Recipient shall make the proceeds of the Financing available to the Project Implementing Entity under enter into a subsidiary agreement between the Recipient and with the Project Implementing Entity, providing such Project Implementing Entity with the necessary resources and authority to implement its Part of the Project, under terms and conditions approved by the Association (“Subsidiary Agreement”). 2. The Recipient shall exercise its rights under the Subsidiary Agreement in such manner as to protect the interests of the Recipient and the Association and to accomplish the purposes of the Financing. Except as the Association shall otherwise agree, the Recipient shall not assign, amend, abrogate or waive the Subsidiary Agreement or any of its provisions.

Appears in 3 contracts

Samples: Financing Agreement, Financing Agreement, Financing Agreement

Subsidiary Agreement. 1. To facilitate the carrying out of the ProjectProject by the Project Implementing Entity, the Recipient shall make the proceeds of the Financing available to the Project Implementing Entity under a subsidiary agreement between the Recipient and the Project Implementing Entity, under terms and conditions approved by the Association (“Subsidiary Agreement”)Association. 2. The Recipient shall exercise its rights under the Subsidiary Agreement in such manner as to protect the interests of the Recipient and the Association and to accomplish the purposes of the Financing. Except as the Association shall otherwise agree, the Recipient shall not assign, amend, abrogate surrogate or waive the Subsidiary Agreement or any of its provisions.

Appears in 2 contracts

Samples: Financing Agreement, Financing Agreement

Subsidiary Agreement. 1. To facilitate the carrying out of the ProjectProject by the Project Implementing Entity, the Recipient shall make the entire proceeds of the Financing available to the Project Implementing Entity on a grant basis under a subsidiary agreement between the Recipient and the Project Implementing Entity, under terms and conditions approved by the Association (“Subsidiary Agreement”)Association. 2. The Recipient shall exercise its rights under the Subsidiary Agreement in such manner as to protect the interests of the Recipient and the Association and to accomplish the purposes of the Financing. Except as the Association shall otherwise agree, the Recipient shall not assign, amend, abrogate or waive the Subsidiary Agreement or any of its provisions.

Appears in 2 contracts

Samples: Financing Agreement, Financing Agreement

Subsidiary Agreement. 1. To facilitate the carrying out of the ProjectProject by the Project Implementing Entity, the Recipient shall make the proceeds of the Financing available to the Project Implementing Entity under a subsidiary an agreement (the Subsidiary Agreement) between the Recipient and the Project Implementing Entity, under terms and conditions approved by satisfactory to the Association (“Subsidiary Agreement”)Association. 2. The Recipient shall exercise its rights under the Subsidiary Agreement in such manner as to protect the interests of the Recipient and the Association and to accomplish the purposes of the Financing. Except as the Association shall otherwise agree, the Recipient shall not assign, amend, abrogate or waive the Subsidiary Agreement or any of its provisions.

Appears in 2 contracts

Samples: Financing Agreement, Financing Agreement

Subsidiary Agreement. 1. To facilitate the carrying out of the Project, the Recipient shall make the proceeds of the Financing available to the Project Implementing Entity under a new subsidiary agreement between the Recipient and the Project Implementing Entity, under terms and conditions approved by the Association (“Subsidiary Agreement”). 2. The Recipient shall exercise its rights under the Subsidiary Agreement in such manner as to protect the interests of the Recipient and the Association and to accomplish the purposes of the Financing. Except as the Association shall otherwise agree, the Recipient shall not assign, amend, abrogate or waive the Subsidiary Agreement or any of its provisions.

Appears in 2 contracts

Samples: Financing Agreement, Financing Agreement

Subsidiary Agreement. 1. To facilitate the carrying out of the Project, the Recipient shall make part of the proceeds of the Financing available to the Project Implementing Entity under a subsidiary agreement Subsidiary Agreements between the Recipient Recipients and the Project Implementing Entity, under terms and conditions approved by the Association (“Subsidiary Agreement”)Association. 2. The Recipient shall exercise its rights and responsibilities under the Subsidiary Agreement in such manner as to protect the interests of the Recipient and the Association and to accomplish the purposes of the Financing. Except as the Association shall otherwise agree, the Recipient shall not assign, amend, abrogate or waive the Subsidiary Agreement or any of its provisions.

Appears in 2 contracts

Samples: Financing Agreement, Financing Agreement

Subsidiary Agreement. 1. (a) To facilitate the carrying out of Parts B.2, B.3 and B.4 of the Project, the Project Implementing Entity shall enter into a subsidiary agreement with the Recipient whereby the Recipient shall make the proceeds of the Financing available to the Project Implementing Entity under ON on a grant basis a subsidiary agreement between financing (the Recipient and the Project Implementing EntityON Subsidiary Financing), under terms and conditions approved by the Association Association, which shall include, inter alia: (a) the principal amount of the Subsidiary Agreement”). 2. The Recipient shall exercise Financing denominated in Dollars; (b) the rights and obligations of the Project Implementing Entity for its rights Respective Part of the Project; and (c) the Recipient’s right to suspend, terminate or obtain refund of the ON Subsidiary Financing in the event the Project Implementing Entity fails to perform its obligations under the Subsidiary Agreement in such manner as to protect the interests of the Recipient and the Association and to accomplish the purposes of the Financing. Except as the Association shall otherwise agree, the Recipient shall not assign, amend, abrogate or waive the (MOA-ON Subsidiary Agreement or any of its provisionsAgreement).

Appears in 2 contracts

Samples: Project Agreement, Project Agreement

Subsidiary Agreement. 1. To facilitate the carrying out of the Project Implementing Entity’s Respective Part of the Project, the Recipient shall make part of the proceeds of the Financing available to the Project Implementing Entity under a subsidiary agreement between the Recipient and the Project Implementing EntityEntity (“Subsidiary Agreement”), under terms and conditions approved by the Association (“Subsidiary Agreement”)Association. 2. The Recipient shall exercise its rights under the Subsidiary Agreement in such manner as to protect the interests of the Recipient and the Association and to accomplish the purposes of the Financing. Except as the Association shall otherwise agree, the Recipient shall not assign, amend, abrogate or waive the Subsidiary Agreement or any of its provisions.

Appears in 1 contract

Samples: Financing Agreement

Subsidiary Agreement. 1. To facilitate the carrying out of the Project, the Recipient shall make onlend the proceeds of the Financing available to the Project Implementing Entity under a subsidiary agreement Subsidiary Agreement entered into between the Recipient and the Project Implementing Entity, under terms and conditions which shall have been approved by the Association (“Subsidiary Agreement”)Association. 2. The Recipient shall exercise its rights under the Subsidiary Agreement in such manner as to protect the interests of the Recipient and the Association and to accomplish the purposes of the Financing. Except as the Association shall otherwise agree, the Recipient shall not assign, amend, abrogate or waive the Subsidiary Agreement or any of its provisions.

Appears in 1 contract

Samples: Financing Agreement

Subsidiary Agreement. 1. To facilitate the carrying out of the Project, the Recipient shall make the proceeds of the Financing Grant available to the Project Implementing Entity under a subsidiary agreement between the Recipient and the Project Implementing Entity, under terms and conditions approved by the Association (“Subsidiary Agreement”)World Bank. 2. The Recipient shall exercise its rights under the Subsidiary Agreement in such manner as to protect the interests of the Recipient and the Association World Bank and to accomplish the purposes of the FinancingGrant. Except as the Association World Bank shall otherwise agree, the Recipient shall not assign, amend, abrogate or waive the Subsidiary Agreement or any of its provisions.

Appears in 1 contract

Samples: Trust Fund Grant Agreement

Subsidiary Agreement. 1. To facilitate the carrying out implementation of the ProjectProject by the ANAC, the Recipient shall make the proceeds of the Financing available to the Project Implementing Entity ANAC on a grant basis under a subsidiary agreement between the Recipient and the Project Implementing EntityANAC, under terms and conditions approved by the Association (“Subsidiary Agreement”). 2. The Recipient shall exercise its rights under the Subsidiary Agreement in such manner as to protect the interests of the Recipient and the Association and to accomplish the purposes of the Financing. Except as the Association shall otherwise agree, the Recipient shall not assign, amend, abrogate or waive the Subsidiary Agreement or any of its provisions.

Appears in 1 contract

Samples: Financing Agreement

Subsidiary Agreement. 1. To facilitate the carrying out of the Project, the Recipient shall make the proceeds of the Financing available to the Project Implementing Entity under a subsidiary agreement Subsidiary Agreement between the Recipient and the Project Implementing Entity, under terms and conditions approved by the Association (“Subsidiary Agreement”)Association. 2. The Recipient shall exercise its rights under the Subsidiary Agreement in such manner as to protect the interests of the Recipient and the Association and to accomplish the purposes of the Financing. Except as the Association shall otherwise agree, the Recipient shall not amend, assign, amendsuspend, abrogate abrogate, repeal or waive the Subsidiary Agreement or any of its provisions.

Appears in 1 contract

Samples: Financing Agreement

Subsidiary Agreement. 1. To facilitate the carrying out of the ProjectProject by the Project Implementing Entity, the Recipient shall make the proceeds of the Financing available to the Project Implementing Entity under a subsidiary agreement between the Recipient and the Project Implementing Entity, under terms and conditions approved by the Association (“Subsidiary Agreement”). 2. The Recipient shall exercise its rights under the Subsidiary Agreement in such manner as to protect the interests of the Recipient and the Association and to accomplish the purposes of the Financing. Except as the Association shall otherwise agree, the Recipient shall not assign, amend, abrogate or waive the Subsidiary Agreement or of any of its provisions.

Appears in 1 contract

Samples: Financing Agreement

Subsidiary Agreement. 1. To facilitate the carrying out of the Project, the Recipient shall make the proceeds of the Financing Grant available to the Project Implementing Entity under a subsidiary agreement (“Subsidiary Agreement”) between the Recipient and the Project Implementing Entity, under terms and conditions approved by the Association (“Subsidiary Agreement”)World Bank. 2. The Recipient shall exercise its rights under the Subsidiary Agreement in such manner as to protect the interests of the Recipient and the Association World Bank and to accomplish the purposes of the FinancingGrant. Except as the Association World Bank shall otherwise agree, the Recipient shall not assign, amend, abrogate or waive the Subsidiary Agreement or any of its provisions.

Appears in 1 contract

Samples: Grant Agreement

Subsidiary Agreement. 1. To facilitate the carrying out implementation of the ProjectProject by the ANACS, the Recipient shall make the proceeds of the Financing available to the Project Implementing Entity ANACS on a Grant basis under a subsidiary agreement between the Recipient and the Project Implementing EntityANACS, under terms and conditions approved by the Association (“Subsidiary Agreement”). 2. The Recipient shall exercise its rights under the Subsidiary Agreement in such manner as to protect the interests of the Recipient and the Association and to accomplish the purposes of the Financing. Except as the Association shall otherwise agree, the Recipient shall not assign, amend, abrogate or waive the Subsidiary Agreement or any of its provisions.

Appears in 1 contract

Samples: Financing Agreement

Subsidiary Agreement. 1. To facilitate the carrying out of the Project, the Recipient shall make the proceeds of the Financing available to the Project Implementing Entity under a subsidiary agreement to be entered into between the Recipient and the Project Implementing Entity, under terms and conditions approved by the Association ("Subsidiary Agreement"). 2. The Recipient shall exercise its rights and carry out its obligations under the Subsidiary Agreement in such manner as to protect the interests of the Recipient and the Association and to accomplish the purposes of the Financing. Except as the Association shall otherwise agree, the Recipient shall not assign, amend, abrogate abrogate, waive, terminate or waive fail to enforce the Subsidiary Agreement or any of its provisions.

Appears in 1 contract

Samples: Financing Agreement

Subsidiary Agreement. 1. To facilitate the carrying out of the Project, the Recipient shall make the proceeds of the Financing available to the Project Implementing Entity under a subsidiary agreement between the Recipient and the Project Implementing Entity, under terms and conditions approved by the Association (“Subsidiary Agreement”)Association. 2. The Recipient shall exercise its rights under the Subsidiary Agreement in such a manner as to protect the interests of the Recipient and the Association and to accomplish the purposes of the Financing. Except as the Association shall otherwise agree, the Recipient shall not assign, amend, abrogate or waive the Subsidiary Agreement or any of its provisions.

Appears in 1 contract

Samples: Financing Agreement

Subsidiary Agreement. 1. To facilitate the carrying out of the ProjectProject by the Project Implementing Entity, the Recipient shall make the proceeds of the Financing available to the Project Implementing Entity Entity, on a grant basis, under a subsidiary agreement Subsidiary Agreement between the Recipient and the Project Implementing Entity, under terms and conditions approved by the Association (“Subsidiary Agreement”)Association. 2. The Recipient shall exercise its rights under the Subsidiary Agreement in such manner as to protect the interests of the Recipient and the Association and to accomplish the purposes of the Financing. Except as the Association shall otherwise agree, the Recipient shall not assign, amend, abrogate or waive the Subsidiary Agreement or any of its provisions.

Appears in 1 contract

Samples: Financing Agreement

Subsidiary Agreement. 1. To facilitate the carrying out of the Project, the Recipient shall make the proceeds of the Financing available to the Project Implementing Entity under a subsidiary agreement between the Recipient and the Project Implementing Entity, under terms and conditions approved by the Association (“Subsidiary Agreement”). 2. The Recipient shall exercise its rights under the Subsidiary Agreement in such manner as to protect the interests of the Recipient and the Association and to accomplish the purposes of the Financing. Except as the Association shall otherwise agree, the Recipient shall not assign, amend, abrogate arrogate or waive the Subsidiary Agreement or of any of its provisions.

Appears in 1 contract

Samples: Financing Agreement

Subsidiary Agreement. 1. To facilitate the carrying out of the Project, the Recipient shall make a portion of the proceeds of the Financing available to the Project Implementing Entity under a subsidiary agreement Subsidiary Agreement entered into between the Recipient and the Project Implementing Entity, under terms and conditions which shall have been approved by the Association (“Subsidiary Agreement”)Association. 2. The Recipient shall exercise its rights under the Subsidiary Agreement in such manner as to protect the interests of the Recipient and the Association and to accomplish the purposes of the Financing. Except as the Association shall otherwise agree, the Recipient shall not assign, amend, abrogate or waive the Subsidiary Agreement or any of its provisions.

Appears in 1 contract

Samples: Financing Agreement

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Subsidiary Agreement. 1. To facilitate the carrying out of the Project, the Recipient shall make the proceeds of the Financing available to the Project Implementing Entity under a subsidiary agreement between the Recipient and the Project Implementing Entity, under terms and conditions approved by the Association (“Subsidiary Agreement”). 2. The Recipient shall exercise its rights under the Subsidiary Agreement in such manner as to protect the interests of the Recipient and the Association and to accomplish the purposes of the Financing. Except as the Association shall otherwise agree, the Recipient shall not assign, amend, abrogate or waive the Subsidiary Agreement or of any of its provisions.

Appears in 1 contract

Samples: Financing Agreement

Subsidiary Agreement. 1. To facilitate the carrying out of the Project, the Recipient shall maintain the terms and conditions of the Subsidiary Agreement, as approved by the Association for the Original Project, to make the proceeds of the Financing available to the Project Implementing Entity under a subsidiary agreement between the Recipient and the Project Implementing Entity, under terms and conditions approved by the Association (“Subsidiary Agreement”). 2. The Recipient shall exercise its rights under the Subsidiary Agreement in such a manner as to protect the interests of the Recipient and the Association and to accomplish the purposes of the Financing. Except as the Association shall otherwise agree, the Recipient shall not assign, amend, abrogate or waive the Subsidiary Agreement or any of its provisions.

Appears in 1 contract

Samples: Financing Agreement

Subsidiary Agreement. 1. To facilitate the carrying out of the Project, the Recipient shall make the proceeds of the Financing available to the Project Implementing Entity Entities under a new subsidiary agreement agreements between the Recipient and each of the Project Implementing EntityEntities, under terms and conditions approved by the Association (“Subsidiary AgreementAgreements). 2. The Recipient ) which shall exercise its rights under contain the Subsidiary Agreement in such manner as to protect the interests of the Recipient and the Association and to accomplish the purposes of the Financing. Except as the Association shall otherwise agree, the Recipient shall not assign, amend, abrogate or waive the Subsidiary Agreement or any of its following provisions.:

Appears in 1 contract

Samples: Financing Agreement

Subsidiary Agreement. 1. To facilitate the carrying out of the Project, the Recipient shall make the proceeds of the Financing available to the Project Implementing Entity under a an amended subsidiary agreement between the Recipient and the Project Implementing Entity, under terms and conditions approved by the Association (“Subsidiary Agreement”). 2. The Recipient shall exercise its rights under the Subsidiary Agreement in such manner as to protect its interests, the interests of the Recipient and the Association and to accomplish the purposes of the FinancingProject. Except as the Association shall otherwise agree, the Recipient shall not assign, amend, abrogate or waive the Subsidiary Agreement or any of its provisions.

Appears in 1 contract

Samples: Financing Agreement

Subsidiary Agreement. 1. To facilitate the carrying out of the Project, the Recipient shall make the proceeds of the Financing available to the Project Implementing Entity under a subsidiary agreement Subsidiary Agreement between the Recipient and the Project Implementing Entity, under terms and conditions approved by the Association (“Subsidiary Agreement”)Association. 2. The Recipient shall exercise its rights under the Subsidiary Agreement in such manner as to protect the interests of the Recipient and the Association and to accomplish the purposes of the Financing. Except as the Association shall otherwise agree, the Recipient shall not assign, amend, abrogate or waive the Subsidiary Agreement or any of its provisions.

Appears in 1 contract

Samples: Financing Agreement

Subsidiary Agreement. 1. To facilitate the carrying out of the Project, the Recipient shall make the proceeds of the Financing available to the Project Implementing Entity under a subsidiary agreement between the Recipient and the Project Implementing Entity, under terms and conditions approved by the Association (“Subsidiary Agreement”). 2. The Recipient shall exercise its rights under the Subsidiary Agreement in such manner as to protect the interests of the Recipient and the Association and to accomplish the purposes of the Financing. Except as the Association shall otherwise agree, the Recipient shall not assign, amend, abrogate arrogate or waive the Subsidiary Agreement or and any of its provisions.

Appears in 1 contract

Samples: Financing Agreement

Subsidiary Agreement. 1. To facilitate the carrying out of the Project, the Recipient shall make the proceeds of the Financing available to the Project Implementing Entity on a grant basis under a subsidiary agreement between the Recipient and the Project Implementing Entity, under terms and conditions approved by acceptable to the Association (“Subsidiary Agreement”). 2. The Recipient shall exercise its rights under the Subsidiary Agreement in such manner as to protect the interests of the Recipient and the Association and to accomplish the purposes of the Financing. Except as the Association shall otherwise agree, the Recipient shall not assign, amend, abrogate or waive the Subsidiary Agreement or any of its provisions.

Appears in 1 contract

Samples: Financing Agreement

Subsidiary Agreement. 1. To facilitate the carrying out of the Project, the Recipient shall make the proceeds of the Financing available to the Project Implementing Entity SFD under a subsidiary grant agreement between the Recipient and the Project Implementing EntitySFD, under terms and conditions approved by the Association (“Subsidiary Grant Agreement”). 2. The Recipient shall exercise its rights under the Subsidiary Grant Agreement in such manner as to protect the interests of the Recipient and the Association and to accomplish the purposes of the Financing. Except as the Association shall otherwise agree, the Recipient shall not assign, amend, abrogate or waive the Subsidiary Agreement or any of its provisions.

Appears in 1 contract

Samples: Financing Agreement

Subsidiary Agreement. 1. To facilitate the carrying out of the Project Implementing Entity’s Respective Part of the Project, the Recipient shall make part of the proceeds of the Financing available to the Project Implementing Entity under a subsidiary agreement Subsidiary Agreement between the Recipient and the Project Implementing Entity, under terms and conditions approved by the Association (“Subsidiary Agreement”). 2. The Recipient Association, which shall exercise its rights under include the Subsidiary Agreement in such manner as to protect the interests of the Recipient and the Association and to accomplish the purposes of the Financing. Except as the Association shall otherwise agree, the Recipient shall not assign, amend, abrogate or waive the Subsidiary Agreement or any of its provisions.following:

Appears in 1 contract

Samples: Financing Agreement

Subsidiary Agreement. 1. To facilitate the carrying out of the Project, the Recipient shall make the proceeds of the Financing available to the Project Implementing Entity Entities under a new subsidiary agreement agreements between the Recipient and each of the Project Implementing EntityEntities, under terms and conditions approved by the Association (“Subsidiary Agreements”) which shall contain the following provisions: (a) CEB Subsidiary Loan Agreement”). 2. The Recipient shall exercise its rights under the Subsidiary Agreement in such manner as to protect the interests of the Recipient and the Association and to accomplish the purposes of the Financing. Except as the Association shall otherwise agree, the Recipient shall not assign, amend, abrogate or waive the Subsidiary Agreement or any of its provisions.

Appears in 1 contract

Samples: Financing Agreement

Subsidiary Agreement. 1. To facilitate the carrying out of the Project, the Recipient shall make the proceeds of the Financing Credit allocated from time to time to Categories (1) and (2) available to the Project Implementing Entity on a grant basis under a subsidiary agreement between the Recipient and the Project Implementing Entity, under terms and conditions approved by the Association Entity (“Subsidiary Agreement”). 2. The Recipient shall exercise its rights under the Subsidiary Agreement in such manner as to protect the interests of the Recipient and the Association and to accomplish the purposes of the FinancingCredit. Except as the Association shall otherwise agree, the Recipient shall not assign, amend, abrogate or waive the Subsidiary Agreement or any of its provisions.

Appears in 1 contract

Samples: Financing Agreement

Subsidiary Agreement. 1. To facilitate the carrying out of the Project Implementing Entity’s Respective Part of the Project, the Recipient shall make part of the proceeds of the Financing available to the Project Implementing Entity under a subsidiary agreement between the Recipient and the Project Implementing Entity, under terms and conditions approved by the Association (“Subsidiary Agreement”)., which shall include: 2. The Recipient shall exercise its rights under (a) the Subsidiary Agreement in such manner as to protect the interests proceeds of the Recipient and the Association and Financing allocated from time to accomplish the purposes of the Financing. Except as the Association shall otherwise agree, the Recipient shall not assign, amend, abrogate or waive the Subsidiary Agreement or any of its provisions.time to Categories

Appears in 1 contract

Samples: Financing Agreement

Subsidiary Agreement. 1. To facilitate the carrying out of the Project, the Recipient shall make part of the proceeds of the Financing available to the Project Implementing Entity under a subsidiary agreement Subsidiary Agreements between the Recipient and the Project Implementing Entity, under terms and conditions approved by the Association (“Subsidiary Agreement”)Association. 2. The Recipient shall exercise its rights and responsibilities under the Subsidiary Agreement in such manner as to protect the interests of the Recipient and the Association and to accomplish the purposes of the Financing. Except as if the Association shall otherwise agree, the Recipient shall not assign, amend, abrogate or waive the Subsidiary Agreement or any of its provisions.

Appears in 1 contract

Samples: Financing Agreement

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