Subsidiary Grant Agreement. (a) The Recipient shall ensure that the Subsidiary Grant Agreement shall maintain, at all times during Project implementation, provisions to the following effect:
(i) The Recipient’s obligation to provide the proceeds of the Grant to LACE on terms and conditions satisfactory to the Association.
(ii) LACE’s obligation to carry out the Project with due diligence and efficiency, in conformity with appropriate administrative, financial, technical, environmental and social practices, under the supervision of qualified and experienced management assisted by competent staff in adequate numbers, and in accordance with the provisions of this Agreement, the Operation Manual, and the MAAFP.
(iii) LACE’s obligation to procure the goods, works and services required for the Project and to be financed out of the proceeds of the Grant, in accordance with the provisions of Section III of Schedule 2 to this Agreement, as said provisions may be further elaborated in the Procurement Plan and Operation Manual.
(iv) LACE’s obligation to implement the Project in accordance with the provisions of the ESMF and RPF, and, except as the Association shall otherwise agree, LACE shall not amend or waive, or permit to be amended or waived, any provision of the aforementioned, if such amendment or waiver may, in the opinion of the Association, materially or adversely affect Project implementation.
(v) LACE’s obligation to carry out the obligations set forth in Sections 4.04, 4.05, 4.06, 4.07, 4.08, 4.09; and 4.10 of the General Conditions (relating to insurance; land acquisition; use of goods, works and services; maintenance; plans and schedules; records, reports and documents; monitoring and evaluation; financial management; financial statements; audits; and cooperation and consultation, respectively) in respect of the Project.
(vi) LACE’s obligation to: (1) maintain a separate financial management system for the implementation of the Project; (2) prepare financial statements in accordance with consistently applied accounting standards acceptable to the Association, adequate to reflect its operations and financial condition; and (3) register separately the operations, resources and expenditures related to the Project.
(vii) LACE’s obligation to promptly inform the Recipient and the Association of any condition which interferes or threatens to interfere with the progress of the Project and the performance of its obligations under the Subsidiary Grant Agreement.
(viii) LACE’s obligation to...
Subsidiary Grant Agreement. 1. To facilitate the carrying out of certain activities under Part 1(a) of the Project by WFP, the Recipient shall make part of the proceeds of the Financing available to WFP under a subsidiary grant agreement between the Recipient and WFP, with terms and conditions satisfactory to the Association.
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 Grant Agreement or any of its provisions.
Subsidiary Grant Agreement. The Project Implementing Entity shall duly perform all its obligations under the Subsidiary Grant Agreement. Except as the Association shall otherwise agree, the Project Implementing Entity shall not take or concur in any action which would have the effect of amending, abrogating, assigning or waiving the Subsidiary Grant Agreement or any provision thereof.
Subsidiary Grant Agreement. (1) The Subsidiary Grant Agreement shall include, without being limited to, provisions to the following effect:
(a) The Recipient shall provide the proceeds of the Grant to LACE on terms and conditions satisfactory to the Association.
(b) LACE shall carry out the Project with due diligence and efficiency, in conformity with appropriate administrative, financial, technical, environmental and social practices, under the supervision of qualified and experienced management assisted by competent staff in adequate numbers, and in accordance with the Operation Manual and the MAAFP.
(c) Procurement of the goods, works and services required for the Project and to be financed out of the proceeds of the Grant shall be governed by the provisions of Schedule 3 to this Agreement, as said provisions may be further elaborated in the Procurement Plan and Operation Manual.
(d) LACE shall ensure that the Project is implemented in accordance with the provisions of the ESMF and RPF, and, except as the Association shall otherwise agree, LACE shall not amend or waive, or permit to be amended or waived, any provision of the aforementioned, if such amendment or waiver may, in the opinion of the Association, materially or adversely affect Project implementation.
(e) LACE shall carry out the obligations set forth in Sections 8.03, 8.04, 8.05, 8.06, 8.07 and 8.08 of the General Conditions (relating to insurance, use of goods and services, plans and schedules, records and reports, maintenance and land acquisition, respectively) in respect of the Project.
(f) LACE shall establish and maintain a financial management system, including records and accounts, and prepare financial statements in accordance with consistently applied accounting standards acceptable to the Association, adequate to reflect its operations and financial condition and to register separately the operations, resources and expenditures related to the Project.
(g) LACE shall promptly inform the Recipient and the Association of any condition which interferes or threatens to interfere with the progress of the Project and the performance of its obligations under the Subsidiary Grant Agreement.
(h) Except as the Association shall otherwise agree, LACE shall neither take nor concur in any action which would have the effect of amending, abrogating, assigning or waiving the Subsidiary Grant Agreement.
(2) The Subsidiary Grant Agreement shall include a provision stipulating that in the case of conflict between the Subsidiary G...
Subsidiary Grant Agreement. (a) For the purposes of carrying out Parts 2.3 and 4.2 of the Project, the Recipient shall make the proceeds of the Financing allocated from time to time to Category (1)(c) available to CSRP on a grant basis under a subsidiary grant agreement to be entered into between the Recipient and CSRP, under terms and conditions approved by the Association (“Subsidiary Grant Agreement”).
(b) The Recipient shall exercise its rights and carry out its obligations 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 Grant Agreement or any of its provisions.
Subsidiary Grant Agreement. (a) The Recipient shall ensure that the Subsidiary Grant Agreement shall include, at all times during the implementation of the Activities, provisions to the following effect:
(i) the Recipient’s obligation to provide the proceeds of the Advance to MEBF on terms and conditions satisfactory to the World Bank;
(ii) MEFB’s obligation to carry out the Activities with due diligence and efficiency, in conformity with appropriate administrative, technical, environmental and social practices, under the supervision of qualified and experienced management assisted by competent staff in adequate numbers, and in accordance with the provisions of this Agreement;
(iii) MEBF’s obligation to procure the goods, non-consulting services and consultants’ services required for the Activities and to be financed out of the proceeds of the Advance, in accordance with the provisions of Section 2.07 of this Annex;
(iv) MEBF’s obligation to promptly inform the Recipient and the World Bank of any condition which interferes or threatens to interfere with the progress of the Activities and the performance of its obligations under the Subsidiary Grant Agreement; and
(v) MEBF’s obligation to neither take nor concur in any action which would have the effect of amending, abrogating, assigning or waiving the Subsidiary Grant Agreement.
(b) The Subsidiary Grant Agreement shall include a provision stipulating that in the case of conflict between the Subsidiary Grant Agreement and this Agreement, the latter shall prevail.
Subsidiary Grant Agreement. (a) The Recipient shall ensure that the Subsidiary Grant Agreement shall maintain, at all times during Project implementation, provisions to the following effect:
(i) The Recipient’s obligation to provide the proceeds of the Grant to LACE on terms and conditions satisfactory to the World Bank.
Subsidiary Grant Agreement. 1. For purposes of carrying out the Project, the Recipient shall make the proceeds of the Financing available, on a grant basis, to the Project Implementing Entity under a Subsidiary Grant Agreement (as updated pursuant to the provisions of Section 5.01 of this Agreement to include the Additional Grant) to be entered into between the Recipient, through its Ministry of Finance, and the Project Implementing Entity, under terms and conditions which shall have been approved by the Association which shall include, inter alia, the terms and conditions set forth in Section I.C.2 of this Schedule 2. The terms and conditions of the Subsidiary Grant Agreement shall include the following: the Project Implementing Entity shall undertake to carry out the Project with due diligence and efficiency and in accordance with the Project Implementation Plan; the Project Implementing Entity shall not use the financing provided through the Subsidiary Grant Agreement for ineligible expenditures and purposes inconsistent with this Agreement and the provisions of the Anti-Corruption Guidelines; the Project Implementing Entity shall follow management, financial, safeguards and practices acceptable to the Association, and provide, promptly as needed, the funds, facilities and other resources required for the purpose; the Project Implementing Entity undertakes to follow the safeguards provisions mentioned in Section I.F of this Schedule 2; the Project Implementing Entity shall train the accounting staff of its Management Unit in the preparation of financial reports and in the operation of its financial management system, all in a manner and substance satisfactory to the Association; the Project Implementing Entity shall adopt, put into effect, and apply throughout the implementation of the Project, a Project Implementation Plan, satisfactory to the Association, that includes: (i) the institutional arrangements for the implementation of the Project; (ii) the procurement manual, setting forth the procurement procedures consistent with the provisions set forth in Section III of this Schedule 2 and standard procurement documentation; (iii) a financial management manual, setting forth: (A) the arrangements for the flow of funds; and (B) the guidelines and procedures for financial management and control, record keeping reporting and auditing requirements, all consistent with Section II.B of this Schedule 2; (iv) an operations manual, including Sub-project eligibility criteria and the proced...
Subsidiary Grant Agreement. 1. To facilitate the carrying out of the Project by the Project Implementing Entity, the Recipient shall make the proceeds of the Financing available to the Project Implementing Entity under a subsidiary grant agreement between the Recipient and the Project Implementing Entity, with terms and conditions satisfactory to the Association (“Subsidiary Grant Agreement”) which shall include the release of the Project Implementing Entity’s budget as block grants in three (3) tranches under a separate budget head in the Recipient’s budget (Red Book) to the Rural Water Supply and
Subsidiary Grant Agreement. 1. To facilitate the carrying out of the Project by the Project Implementing Entity, the Recipient shall make the proceeds of the Financing available to the Project Implementing Entity under an amendment, with terms and conditions approved by the Association, to the subsidiary grant agreement entered into between the Recipient and the Project Implementing Entity under the Original Project (as so amended, “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 Grant Agreement or any of its provisions.
