Common use of Subsidiary Financing Clause in Contracts

Subsidiary Financing. 1. The Borrower shall cause the Project Implementing Entity to make the proceeds of the Subsidiary Loan available to the Sarajevo Canton, for the benefit of VIK, for purposes of carrying out the Project, under a subsidiary financing agreement between the Project Implementing Entity and the Sarajevo Canton, under the same terms and conditions as the Subsidiary Loan, approved by the Bank and including the Anti-Corruption Guidelines (“Subsidiary Financing Agreement”).

Subsidiary Financing. 1. The Borrower shall cause the Project Implementing Entity to shall make the proceeds of the Subsidiary Loan available to the Sarajevo Canton, for the benefit of VIK, for purposes of carrying out the Project, under a subsidiary financing agreement between the Project Implementing Entity and the Sarajevo Canton, under the same terms and conditions as the Subsidiary Loan, approved by the Bank and including the Anti-Anti- Corruption Guidelines (“Subsidiary Financing Agreement”).

Subsidiary Financing. 1. The Borrower shall cause the Project Implementing Entity to shall make the proceeds of the Subsidiary Loan available to the Sarajevo Canton, for the benefit of VIK, for purposes of carrying out the Project, under a subsidiary financing agreement between the Project Implementing Entity and the Sarajevo Canton, under the same terms and conditions as the Subsidiary Loan, approved by the Bank and including the Anti-Corruption Guidelines (“Subsidiary Financing Agreement”).