Subsidiary Agreement. 1. To facilitate the carrying out of the Project by BMPAD, the Recipient shall make the proceeds of the Second Additional Financing available to BMPAD under a subsidiary agreement between the Recipient and BMPAD, under terms and conditions approved by the Association (“Third Subsidiary Agreement”).
Appears in 2 contracts
Samples: Financing Agreement, Financing Agreement
Subsidiary Agreement. 1. To facilitate the carrying out of the Project by BMPADProject, the Recipient shall make parts of the proceeds of the Second Additional Financing available to BMPAD under a subsidiary agreement entered into between the Recipient and BMPAD, under terms and conditions approved by the Association (“Third Subsidiary Agreement”).) among which, the requirement that:
Appears in 2 contracts
Samples: Financing Agreement, Financing Agreement
Subsidiary Agreement. 1. To facilitate the carrying out of the Project by BMPADProject, the Recipient shall make the proceeds of the Second Additional Financing available to BMPAD under a subsidiary agreement between the Recipient and BMPAD, under terms and conditions approved by the Association (“Third Subsidiary Agreement”)) among which, the requirement that the positions of General Manager (“Directeur General”) and Administrative and Financial Manager (“Directeur Administratif et Financier”) created in BMPAD Legislation be staffed at all times during Project implementation with agents having functions, qualifications and experience satisfactory to the Association.
Appears in 2 contracts
Samples: Financing Agreement, Financing Agreement
Subsidiary Agreement. 1. To facilitate the further carrying out of the Project by BMPAD, the Recipient shall make the proceeds of the Second Additional Financing available to BMPAD under a subsidiary agreement to be entered between the Recipient and BMPAD, under terms and conditions approved by the Association (“Third Subsidiary Agreement”)Association.
Appears in 1 contract
Samples: Financing Agreement
Subsidiary Agreement. 1. To facilitate the carrying out of the Project by BMPADProject, the Recipient shall make the proceeds of the Second Additional Financing available to BMPAD under a subsidiary agreement between the Recipient and BMPAD, under terms and conditions approved by the Association (“Third Additional Subsidiary Agreement”)., which shall include the following provisions:
Appears in 1 contract
Samples: Financing Agreement