Use of Counterpart Funds Sample Clauses

Use of Counterpart Funds. The Borrower shall ensure that the Counterpart Funds are used to finance the implementation of certain programs and activities consistent with the objectives of the Program.
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Use of Counterpart Funds. The Borrower shall ensure that the Counterpart Funds are used to finance local currency costs consistent with the objectives of the Program and shall, in particular, provide relevant budget appropriations to finance the costs relating to implementation of the Program.
Use of Counterpart Funds. The Beneficiary shall ensure that the Counterpart Funds shall be used to (a) finance expenditures for the Beneficiary’s general development purposes; and (b) support the adjustment costs of reforms to be initiated and implemented under the Program.
Use of Counterpart Funds. The Recipient shall ensure that the local currency funds generated by the Grant will be used to finance the costs relating to the implementation of the Program and other activities consistent with the objectives of the Program and will provide the necessary budget appropriation to finance the costs relating to the implementation of reforms under the Program.
Use of Counterpart Funds. The Borrower shall transfer the Counterpart Funds generated under the Loan, under the normal arrangements for transfer of external assistance to the State and shall treat such Counterpart Funds as an additionality to its transfers allocated annually to the State.
Use of Counterpart Funds. The Borrower shall ensure that the Counterpart Funds are applied to the targeted subsidies for poor and vulnerable households under Output 1 of the Program, namely subsidies under the Pakistan Bait-ul-Mal Program and the Benazir Income Support Program.
Use of Counterpart Funds. Throughout the implementation of the Program, the Borrower shall ensure that adequate allocations of the required counterpart funds are made, approved and released in a timely manner in order to ensure proper implementation of the Program.
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Use of Counterpart Funds. 4. The Borrower shall ensure that the Counterpart Funds shall be used to meet program expenditures and associated costs of reform and to help maintain current levels of social expenditures. 5. By the end of 2010 or such other date as may be agreed between the Borrower and ADB: (a) LGD shall initiate and socialize the water conservation program. LGD shall actively conduct awareness campaigns at the national level to raise public awareness on the importance of water conservation; (b) LGD shall instruct the Pourashavas and the WASAs to promote water conservation and to participate in the Program. LGD shall provide sufficient budget assistance to the Pourashavas and the WASAs to implement the Program; (c) To promote water conservation, LGD together with the Pourashavas and the WASAs shall discontinue the existing practice where, each household install its own water connection and meter. By the end of 2010, meter installations at household level shall be carried out by the Pourashavas and/or the WASAs; (d) LGD shall allow the Pourashavas and the WASAs to set and increase, annually, the water tariff in their respective areas to a level that would enable them to cover at least O&M cost recovery basis; (e) DWASA Board of Directors shall issue an administrative order or circular on the staff recruitment, promotion and remuneration in DWASA; (f) DWASA shall prepare and issue an operations manual (Operations Manual). The Operations Manual shall be implemented and distributed to all departments within DWASA and published on the DWASA website; (g) DWASA shall set up a committee to explore private sector participation in water supply and sanitation sector. The committee shall prepare a study on private sector participation and make recommendations with time bound action plan. The study shall be endorsed by DWASA Board; (h) The committee shall also review the existing program for performance improvement (PPI) that are agreed between DWASA and its union and make recommendations on how to eliminate this practice; (i) DWASA shall issue time bound action plan to address the problem of illegal connections; and (j) DWASA shall reduce illegal connections in the Project Zones, as defined in the Project Loan Agreement, by the end of 2010.
Use of Counterpart Funds. The Borrower shall ensure that Sindh uses the Counterpart Funds to provide necessary budget appropriations in support of programs and activities in line with the Program objectives.
Use of Counterpart Funds. The Recipient shall ensure that the Counterpart Funds are used to finance implementation of the Program and other programs and activities consistent with the objectives of the Program, and that necessary budget appropriations and adequate resources are allocated and released in a timely manner in order to ensure effective implementation of the Program and other activities consistent with the objectives of the Program.
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