Terms and Conditions of Matching Grant Agreements Sample Clauses

Terms and Conditions of Matching Grant Agreements. The Recipient shall enter into a matching grant agreement satisfactory to the Bank with each Beneficiary. The terms and conditions of a Matching Grant Agreement shall inter alia provide that:
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Terms and Conditions of Matching Grant Agreements. (a) A Matching Grant shall be made for each Subproject approved in accordance with the provisions of paragraph 2 of this Section I.E under a Matching Grant Agreement between the Recipient (through the respective IPCMU) and the Beneficiary implementing the Subproject, on terms and conditions satisfactory to the Association, including the following, whereby:
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Terms and Conditions of Matching Grant Agreements. The Recipient, through the PCO, shall enter into a Matching Grant Agreement satisfactory to the Bank with each Beneficiary. The terms and conditions of a Matching Grant Agreement shall inter alia provide that:
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Terms and Conditions of Matching Grant Agreements. (a) A Subproject shall be carried out pursuant to a Matching Grant Agreement, to be concluded between the respective IPCMU on behalf of the Recipient and a Beneficiary, under terms and conditions, satisfactory to the Association, described in further detail in the PIM, which, inter alia, shall include the following: the obligation of the Beneficiary to contribute, in cash or in kind, at least 5% of the projected Subproject costs; the obligation of the Beneficiary to: (A) carry out the Subproject with due diligence and efficiency and in accordance with sound environmental, engineering, financial, and managerial practices; and (B) maintain adequate records to reflect, in accordance sound accounting practices, the resources, operations, and expenditures relating to the Subproject; the requirement that the goods, works, and consultants’ services to be financed from the proceeds of the Matching Grant shall be procured in accordance with procedures ensuring efficiency and economy and in accordance with the provisions of Schedule 3 to this Agreement, and shall be used exclusively in the carrying out of the Subproject; and the right of the IPCMU, on behalf of the Recipient, and of the Recipient in its own right, to: (A) inspect by itself, or jointly with the Association, if the Association shall so request, the goods, works, sites, plants, and construction included in the Subproject, the operations thereof, and any relevant records and documents; (B) obtain all information as it, or the Association, shall reasonably request regarding the administration, operation, and financial condition of Subprojects; and (C) suspend or terminate the right of any Beneficiary to use the proceeds of the Matching Grant upon failure by the Beneficiary to perform any of its obligations under the Matching Grant Agreement;
Sample 1
Terms and Conditions of Matching Grant Agreements. (a) A Matching Grant shall be made for each Subproject approved in accordance with the provisions of paragraph 2 of this Section I.E under a Matching Grant Agreement between the Recipient (through the respective IPCMU) and the Beneficiary implementing the Subproject, on terms and conditions satisfactory to the Association, including the following, whereby: the Beneficiary shall undertake to: (A) contribute, in cash or in kind, at least 5% of the total estimated Subproject cost; (B) carry out the Subproject with due diligence and efficiency and in accordance with sound environmental, social, engineering, financial, and managerial standards and practices, including in accordance with the provisions of the Anti-Corruption Guidelines applicable to recipients of Financing proceeds other than the Recipient; (C) maintain adequate records to reflect, in accordance sound accounting practices, the resources, operations, and expenditures relating to the Subproject; (D) procure the goods, works, and services to be financed out of the proceeds of the Matching Grant in accordance with the provisions of Section III of this Schedule 2, and use the same exclusively in the carrying out of the Subproject; and the Recipient shall obtain rights adequate to protect its interests and those of the Association, including the right to: (A) inspect by itself, or jointly with the Association, if the Association shall so request, the goods, works, sites, plants, and construction included in the Subproject, the operations thereof, and any relevant records and documents; (B) obtain all information as it, or the Association, shall reasonably request regarding the administration, operation, and financial condition of Subproject and the Beneficiary; and (C) suspend or terminate the right of any Beneficiary to use the proceeds of the Matching Grant upon failure by the Beneficiary to perform any of its obligations under the Matching Grant Agreement.
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Related to Terms and Conditions of Matching Grant Agreements

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  • TERMS AND CONDITIONS OF AGREEMENT Except as specifically amended by this Amendment, all terms and conditions of the Agreement shall remain in full force and effect.

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  • Terms and Conditions of Payment Payments will be made to the Service Provider according to the payment schedule stated in the SCC. Unless otherwise stated in the SCC, the advance payment (Advance for Mobilization, Materials and Supplies) shall be made against the provision by the Service Provider of a bank guarantee for the same amount, and shall be valid for the period stated in the SCC. Any other payment shall be made after the conditions listed in the SCC for such payment have been met, and the Service Provider have submitted an invoice to the Procuring Entity specifying the amount due.

  • Terms and Conditions of Employment The term “terms and conditions of employment” means the hours of employment, the compensation therefore including fringe benefits except retirement contributions or benefits, and the Board of Education’s personnel policies affecting the working conditions of the employees. The term is subject to the provisions of Section 179A of PELRA, as amended, regarding the rights of public employers and the scope of negotiations.

  • TERMS AND CONDITIONS OF THE NOTES The Notes shall be governed by all the terms and conditions of the Indenture, as supplemented by this First Supplemental Indenture. In particular, the following provisions shall be terms of the Notes:

  • GENERAL TERMS AND CONDITIONS OF EMPLOYMENT This Agreement is subject to all applicable laws of the State of California, the rules and regulations of the Board of Governors of the California Community Colleges, and the rules, regulations, policies, and procedures of the District, all of which shall be made a material part of the terms and conditions of this Agreement as if set forth in full. This agreement shall prevail over any conflicting District rules, regulations, policies or procedures.

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