Terms and Conditions of Sub-Grant Agreements. (a) The Recipient undertakes that, unless the Association shall otherwise agree, Sub-Projects shall be prepared, approved, carried out and monitored in accordance with the procedures and other provisions set forth or referred to in this Agreement, the Project Operational Manual and the Environmental Management Plan.
(b) The Recipient shall, through MOH, enter into agreements with Implementing Partners, under terms and conditions satisfactory to the Association, which shall include the following:
(i) the obligation of the Implementing Partner: (A) to carry out the Sub-Project with due diligence and efficiency and in accordance with sound administrative financial, environmental and public health standards; and (B) to maintain adequate records to reflect, in accordance with sound accounting practices, the operations, resources and expenditures relating to the Sub-Project;
(ii) the requirement that the goods, works and services to be financed from the proceeds of the Sub-Grant shall: (A) be procured in accordance with procedures ensuring efficiency and economy and in accordance with the provisions of the Project Operational Manual; and (B) be used exclusively in the carrying out of the Sub-Project; and
(iii) the Recipient reserves 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 Sub-Project, the operations thereof and any relevant records and documents;
Terms and Conditions of Sub-Grant Agreements. (a) A Sub-Grant shall be made for each Subproject approved in accordance with the provisions of paragraph 2 of this Section I. E under a Sub-Grant Agreement between the Recipient and the Beneficiary implementing the Subproject, on terms and conditions satisfactory to the Association, including the following, whereby:
(i) the Beneficiary shall undertake to: (A) contribute, in cash or in kind, at least 10% of the total estimated Subproject cost;
Terms and Conditions of Sub-Grant Agreements. (i) A Sub-project shall be carried out pursuant to a Sub-grant Agreement, to be concluded between LACE and a Beneficiary, under terms and conditions satisfactory to the Association, and described in further detail in the Operation Manual which, inter alia, shall include the following:
(a) the Sub-grant shall be provided on a non-reimbursable grant basis;
(b) the Beneficiary shall contribute not less than ten (10) percent of the amount of the Sub-grant in the form of cash, materials or labor;
(c) the obligation to carry out the Sub-project in accordance with the Operation Manual, with due diligence and efficiency and in accordance with sound technical, financial, social, environmental and managerial standards;
(d) the obligation to maintain adequate records to reflect, in accordance with sound accounting practices, the operations, resources and expenditures in respect of the Sub-project;
(e) the requirement that: (i) the goods, works and services to be financed from the proceeds of the Sub-grant shall be procured in accordance with the procedures set forth in Schedule 3 to this Agreement and as further specified in the Operation Manual, and (ii) such goods, works and services shall be used exclusively in the carrying out of the Sub-project;
(f) the requirement that the PMC shall be maintained throughout Sub-project implementation;
(g) the requirement that the Beneficiary open a bank account for the deposit of Sub-project funds in a commercial bank of its choice, and provide the account details to LACE;
(h) the right of LACE to inspect by itself, or jointly with the Association, if the Association shall so request, the goods, works, sites, plants and construction included in the Sub-project, the operations thereof, and any relevant records and documents;
(i) the right of LACE to obtain all information as LACE or the Association shall reasonably request regarding the administration, operation and financial conditions of the Sub-project; and
(j) the right of LACE to suspend or terminate the right of the Beneficiary to use the proceeds of the Sub-grant for the Sub-project upon the failure by the Beneficiary to perform any of its obligations under the Sub-grant Agreement.
(ii) LACE shall exercise its rights under the Sub-grant Agreement in such manner as to protect its interests and the interests of the Association and to achieve the Project objectives, and, except as the Association shall otherwise agree, LACE shall not assign, amend, abrogate or waive the Sub-...
Terms and Conditions of Sub-Grant Agreements. Each Sub-grant Agreement shall include the following terms and conditions, satisfactory to the Association:
