Common use of Subsidiary Agreement Clause in Contracts

Subsidiary Agreement. 1. To facilitate the carrying out of the Project Implementing Entity’s implementation of the Project, the Project Implementing Entity shall enter into a subsidiary agreement with the Borrower, through the MOF, MFE and NERC, under terms and conditions approved by the Bank, which shall include the following provisions setting forth that the proceeds of the Loan shall be made available to the Project Implementing Entity and that the Project Implementing Entity shall be responsible for the overall day-to-day implementation and management of the Project (“Subsidiary Agreement”).

Subsidiary Agreement. 1. To facilitate the carrying out of the Project Implementing Entity’s implementation of the Project, the Borrower shall make the proceeds of the Loan available to the Project Implementing Entity shall enter into under a subsidiary agreement with between the Borrower, through the MOF, MFE MFE, NERC, and NERCthe Project Implementing Entity, under terms and conditions approved by the Bank, which shall include the following provisions setting forth that the proceeds of the Loan shall be made available to the Project Implementing Entity and that the Project Implementing Entity shall be responsible for the overall day-to-day implementation and management of the Project (“Subsidiary Agreement”).

Subsidiary Agreement. 1. To facilitate the carrying out of the Project Implementing Entity’s implementation of the Project, the Project Implementing Entity shall enter into a subsidiary agreement with the Borrower, through the MOF, MFE and NERC, under terms and conditions approved by the Bank, which shall include the following provisions setting forth a provision that the proceeds of the Loan shall be made available to the Project Implementing Entity and that the Project Implementing Entity shall be responsible for the oversight and overall day-to-day implementation and management of the Project and shall carry out the Project in accordance with the Project Operations Manual and the Anti-Corruption Guidelines (“Subsidiary Agreement”)) .

Subsidiary Agreement. 1. To facilitate the overall coordination of the implementation of the Project and the carrying out of the Project Implementing EntityCPTM and SP METRO’s implementation Respective Parts of the Project, the Project Implementing Entity Borrower shall enter into a subsidiary agreement with the Borrower, through the MOF, MFE and NERCProject Implementing Entities, under terms and conditions approved by the Bank, which shall include include, inter alia, the following provisions setting forth that obligations of each Project Implementation Entity under the proceeds of Project, namely the Loan shall obligation to operate the respective trains to be made available to the Project Implementing Entity financed under Part A.1 and that the Project Implementing Entity shall be responsible for the overall day-to-day implementation and management A.2 of the Project (“Subsidiary Agreement”).