Common use of Utilization of the Resources of the Loan Clause in Contracts

Utilization of the Resources of the Loan. The resources of the Loan may only be used to pay expenses that: (i) are necessary for the Project and are in accordance with its objectives; (ii) are carried out in accordance with the provisions of this Contract and Bank policies; (iii) are adequately recorded and documented in the Borrower’s or Executing Agency’s system; and (iv) are incurred after December 14, 2016 and before the expiration of the Original Disbursement Period or any extensions thereof; such expenses are hereinafter referred to as “Eligible Expenditures.”

Appears in 1 contract

Samples: Loan Contract

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Utilization of the Resources of the Loan. (a) The resources of the Loan may only be used to pay expenses that: (i) are necessary for the Project and are in accordance with its objectives; (ii) are carried out in accordance with the provisions of this Contract and Bank policies; (iii) are adequately recorded and documented in the Borrower’s or Executing Agency’s Agencies’ system; and (iv) are incurred after December 149, 2016 2019 and before the expiration of the Original Disbursement Period or any extensions thereof; such expenses are hereinafter referred to as “Eligible Expenditures.”

Appears in 1 contract

Samples: Loan Contract Special Conditions

Utilization of the Resources of the Loan. (a) The resources of the Loan may only be used to pay expenses that: (i) are necessary for the Project Program and are in accordance with its objectives; (ii) are carried out in accordance with the provisions of this Contract and Bank policies; (iii) are adequately recorded and documented in the Borrower’s or Executing Agency’s system; and (iv) are incurred after December 14November 16, 2016 and before the expiration of the Original Disbursement Period or any extensions thereof; such expenses are hereinafter referred to as “Eligible Expenditures.”

Appears in 1 contract

Samples: Loan Contract Special Conditions

Utilization of the Resources of the Loan. The resources of the Loan may only be used to pay expenses that: (i) are necessary for the Project Program and are in accordance with its objectives; (ii) are carried out in accordance with the provisions of this Contract and Bank policies; (iii) are adequately recorded and documented in the Borrower’s or Executing Agency’s system; and (iv) are incurred after December 142, 2016 2015 and before the expiration of the Original Disbursement Period or any extensions thereof; such expenses are hereinafter referred to as “Eligible Expenditures.”

Appears in 1 contract

Samples: Loan Contract Special Conditions

Utilization of the Resources of the Loan. (a) The resources of the Loan may only be used to pay expenses that: (i) are necessary for the Project and are in accordance with its objectives; (ii) are carried out in accordance with the provisions of this Contract and Bank policies; (iii) are adequately recorded and documented in the Borrower’s 's or Executing Agency’s 's system; and (iv) are incurred after December 14January 29, 2016 2020 and before the expiration of the Original Disbursement Period or any extensions thereof; such expenses are hereinafter referred to as “Eligible Expenditures.”

Appears in 1 contract

Samples: Loan Contract Special Conditions

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Utilization of the Resources of the Loan. (a) The resources of the Loan may only be used to pay expenses that: (i) are necessary for the Project Program and are in accordance with its objectives; (ii) are carried out in accordance with the provisions of this Contract and Bank policies; (iii) are adequately recorded and documented in the Borrower’s or Executing Agency’s system; and (iv) are incurred after December 14November 2, 2016 and before the expiration of the Original Disbursement Period or any extensions thereof; such expenses are hereinafter referred to as “Eligible Expenditures.”

Appears in 1 contract

Samples: Loan Contract Special Conditions

Utilization of the Resources of the Loan. (a) The resources of the Loan may only be used to pay expenses that: (i) are necessary for the Project Program and are in accordance with its objectives; (ii) are carried out in accordance with the provisions of this Contract and Bank policies; (iii) are adequately recorded and documented in the Borrower’s or Executing Agency’s system; and (iv) are incurred after December 14June 27, 2016 2018 and before the expiration of the Original Disbursement Period or any extensions thereof; such expenses are hereinafter referred to as “Eligible Expenditures.”

Appears in 1 contract

Samples: Loan Contract Special Conditions

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