Use of Proceeds of the Grant. Section 3.01. The Recipient shall make the proceeds of the Grant available to the Project Implementation Agency upon terms and conditions satisfactory to ADB and shall cause the Project Implementing Agency to apply such proceeds to the financing of expenditures on the Project in accordance with the provisions of this Grant Agreement and the Project Agreement.
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Samples: Grant Agreement
Use of Proceeds of the Grant. Section 3.01. The Recipient shall make the proceeds of the Grant available to the Project Implementation Executing Agency upon terms and conditions satisfactory to ADB and shall cause the Project Implementing Executing Agency to apply such proceeds to the financing of expenditures on the Project in accordance with the provisions of this Grant Agreement and the Project Agreement.
Appears in 1 contract
Samples: Grant Agreement
Use of Proceeds of the Grant. Section 3.01. (a) The Recipient shall make the proceeds of the Grant available to the Project Implementation Executing Agency upon terms and conditions satisfactory to ADB and shall cause the Project Implementing Executing Agency to apply such proceeds to the financing of expenditures on the activities under the Project detailed in Schedule 1 to this Grant Agreement in accordance with the provisions of this Grant Agreement and the Project Agreement.
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Samples: Grant Agreement
Use of Proceeds of the Grant. Section 3.01. (a) The Recipient shall make the proceeds of the Grant available to the Project Implementation Agency Executing Agencies upon terms and conditions satisfactory to ADB and shall cause the Project Implementing Agency Executing Agencies to apply such proceeds to the financing of expenditures on the Project in accordance with the provisions of this Grant Agreement and the Project Agreement.
Appears in 1 contract
Samples: Grant Agreement