Withdrawal of the Proceeds of the Financing Sample Clauses

Withdrawal of the Proceeds of the Financing. General 1. The Recipient may withdraw the proceeds of the Financing in accordance with the provisions of Article II of the General Conditions, this Section, and such additional instructions as the Association shall specify by notice to the Recipient (including the “World Bank Disbursement Guidelines for Projects” dated May 2006, as revised from time to time by the Association and as made applicable to this Agreement pursuant to such instructions), to finance Eligible Expenditures as set forth in the table in paragraph 2 below. 2. The following table specifies the categories of Eligible Expenditures that may be financed out of the proceeds of the Financing (“Category”), the allocations of the amounts of the Financing to each Category, and the percentage of expenditures to be financed for Eligible Expenditures in each Category: (1) Goods, works, Training, Cash Compensation and consultants’ services for Part B of the Project 39,700,000 90% (2) Goods, works, (other than Road and Drainage Works), Training and consultants’ services for Part C of the Project 4,950,000 90% (3) Road and Drainage Works, for Part C of the Project 13,550,000 90% (4) Goods, Training, Operating Costs, audits and consultants’ services for Part D of the Project 9,550,000 100% (5) Refund of Project Preparation Advance 1,100,000 Amount payable pursuant to Section 2.07 of the General Conditions (6) Unallocated 2,350,000 TOTAL AMOUNT 71,200,000

Withdrawal of the Proceeds of the Financing. General 1. The Recipient may withdraw the proceeds of the Financing in accordance with the provisions of Article II of the General Conditions, this Section, and such additional instructions as the Association shall specify by notice to the Recipient (including the “World Bank Disbursement Guidelines for Projects” dated May 2006, as revised from time to time by the Association and as made applicable to this Agreement pursuant to such instructions), to finance Eligible Expenditures as set forth in the table in paragraph 2 below. 2. The following table specifies the categories of Eligible Expenditures that may be financed out of the proceeds of the Financing (“Category”), the allocations of the amounts of the Financing to each Category, and the percentage of expenditures to be financed for Eligible Expenditures in each Category: Category Amount of the Financing Allocated (expressed in SDR) Percentage of Expenditures to be Financed (inclusive of Taxes) (1) Goods 38,180,000 90% (2) Works 61,340,000 90% (3) Consultants’ Services and Training 13,820,000 100%

Withdrawal of the Proceeds of the Financing. General 1. The Recipient may withdraw the proceeds of the Financing in accordance with the provisions of Article II of the General Conditions, this Section, and such additional instructions as the Association shall specify by notice to the Recipient (including the “World Bank Disbursement Guidelines for Projects” dated May 2006, as revised from time to time by the Association and as made applicable to this Agreement pursuant to such instructions), to finance Eligible Expenditures as set forth in the table in paragraph 2 below. 2. The following table specifies the categories of Eligible Expenditures that may be financed out of the proceeds of the Financing (“Category”), the allocations of the amounts of the Credit to each Category, and the percentage of expenditures to be financed for Eligible Expenditures in each Category: Category Amount of the Original Credit Allocated (expressed in SDR) Amount of the Additional Credit Allocated (expressed in SDR) Percentage of Expenditures to be Financed (inclusive of Taxes) (1) Civil Works for: (a) Part A (a) (i) of the Project (b) Part A (a) (iii) of the Project 700,000 0 6,400,000 5,500,000 100% (2) Goods, consultants’ services, and training for: (a) Part A (b) (except for A (b) (i) (3)) and Part A (c) of the Project (b) Part B (except for B(d)) (c) Part A(b)(i)(3) of the Project and Part A(c)of the Project (d) Part C of the Project 3,300,000 2,300,000 1,300,000 9,300,000 1,700,000 330,000 100% (3) Operating Costs for: (a) Part B (except B(d)) of the Project (b) Part C of the Project 1,300,000 700,000 0 330,000 100% (4) Fuel and electricity for Part A of the Project 300,000 200,000 100% (5) Unallocated 0 640,000

Withdrawal of the Proceeds of the Financing. General 1. The Recipient may withdraw the proceeds of the Financing in accordance with the provisions of Article II of the General Conditions, this Section, and such additional instructions as the Association shall specify by notice to the Recipient (including the “World Bank Disbursement Guidelines for Projects” dated May 2006, as revised from time to time by the Association and as made applicable to this Agreement pursuant to such instructions), to finance Eligible Expenditures as set forth in the table in paragraph 2 below.

Withdrawal of the Proceeds of the Financing. General 1. The Recipient may withdraw the proceeds of the Financing in accordance with the provisions of Article II of the General Conditions, this Section, and such additional instructions as the Association shall specify by notice to the Recipient (including the “World Bank Disbursement Guidelines for Projects” dated May 2006, as revised from time to time by the Association and as made applicable to this Agreement pursuant to such instructions), to finance Eligible Expenditures as set forth in the table in paragraph 2 below. 2. The following table specifies the categories of Eligible Expenditures that may be financed out of the proceeds of the Financing (“Category”), the allocations of the amounts of the Financing to each Category, and the percentage of expenditures to be financed for Eligible Expenditures in each Category: (1) Goods and consultants’ services, including Training 16,640,000 100% (excluding taxes) (2) Competitive Grants under Part C.2 of the Project 1,760,000 100% (3) Operating Costs 500,000 100% (excluding taxes) TOTAL AMOUNT 18,900,000

Withdrawal of the Proceeds of the Financing. General 1. The Recipient may withdraw the proceeds of the Financing in accordance with the provisions of Article II of the General Conditions, this Section, and such additional instructions as the Association shall specify by notice to the Recipient (including the “World Bank Disbursement Guidelines for Projects” dated May 2006, as revised from time to time by the Association and as made applicable to this Agreement pursuant to such instructions), to finance Eligible Expenditures as set forth in the table in paragraph 2 below. 2. The following table specifies the categories of Eligible Expenditures that may be financed out of the proceeds of the Financing (“Category”), the allocations of the amounts of the Financing to each Category, and the percentage of expenditures to be financed for Eligible Expenditures in each Category: Category Amount of the Grant Allocated (expressed in SDR) Percentage of Expenditures to be Financed (inclusive of Taxes) Consultants’ Services (including audits) for Parts A, B, C and D of the Project 950,000 100% Goods and non-consulting services for Parts A, B, C and D of the Project 790,000 100% Training for Parts A, B, C and D of the Project 350,000 100% Operating Costs for Parts A,B,C and D of the Project 50,000 100% Refund of Preparation Advance 1,360,000 Amount payable pursuant to Section 2.07 of the General Conditions TOTAL AMOUNT 3,500,000

Withdrawal of the Proceeds of the Financing. General 1. The Recipient may withdraw the proceeds of the Financing in accordance with the provisions of Article II of the General Conditions, this Section, and such additional instructions as the Association shall specify by notice to the Recipient (including the “World Bank Disbursement Guidelines for Projects” dated May 2006, as revised from time to time by the Association and as made applicable to this Agreement pursuant to such instructions) to finance Eligible Expenditures as set forth in the table in paragraph 2 below. 2. The following table specifies the categories of Eligible Expenditures that may be financed out of the proceeds of the Financing (“Category”), the allocations of the amounts of the Grant to each Category, and the percentage of expenditures to be financed for Eligible Expenditures in each Category: Goods, Works and Consultants’ services for the Project 5,600,000 100% TOTAL 5,600,000

Withdrawal of the Proceeds of the Financing. General 1. The Recipient may withdraw the proceeds of the Financing in accordance with the provisions of Article II of the General Conditions, this Section, and such additional instructions as the Association shall specify by notice to the Recipient (including the “World Bank Disbursement Guidelines for Projects” dated May 2006, as revised from time to time by the Association and as made applicable to this Agreement pursuant to such instructions), to finance Eligible Expenditures as set forth in the table in paragraph 2 below. 2. The following table specifies the categories of Eligible Expenditures that may be financed out of the proceeds of the Financing (“Category”), the allocations of the amounts of the Financing to each Category, and the percentage of expenditures to be financed for Eligible Expenditures in each Category: (1) Works, non-consulting services and consultants’ services (including audits) and Training for Part 1and 2 of the Project, except for Part 1 (ii) of the Project 60,600,000 100% VAT not included (2) Operating Costs for Part 2 of the Project 800,000 100% all taxes included (3) Unallocated 9,300,000 TOTAL AMOUNT 70,700,000 1. Notwithstanding the provisions of Part A of this Section, no withdrawal shall be made for payments made prior to the date of this Agreement. 2. The Closing Date is January 31, 2016.

Withdrawal of the Proceeds of the Financing. General 1. The Recipient may withdraw the proceeds of the Financing in accordance with the provisions of Article II of the General Conditions, this Section, and such additional instructions as the Association shall specify by notice to the Recipient (including the “World Bank Disbursement Guidelines for Projects” dated May 2006, as revised from time to time by the Association and as made applicable to this Agreement pursuant to such instructions), to finance Eligible Expenditures as set forth in the table in paragraph 2 below. 2. The following table specifies the Categories of Eligible Expenditures that may be financed out of the proceeds of the Financing, the allocations of the amounts of the Financing to each Category, and the percentage of expenditures to be financed for Eligible Expenditures in each Category: (1) Works under Parts 2.3 and 3.3(ii) of the Project 950,000 100% (2) Goods, consultants’ services, training, study tours, workshops and Operational Costs: (a) under Parts 1.2, 1.5 and 4 (i) of the Project (b) under Parts 1.1, 1.3, 1.4, 2, 3.2, 3.3 and 4 (ii) of the Project 200,000 4,350,000 13% 100% (3) Small Grants under Part 2.1 of the Project and Grants under Part 3.1 (b) of the Project 2,000,000 100% of the research costs covered by the Small Grant or Grant (4) Grants under Part 3.1 (a) of the Project 300,000 15% of the research costs covered by the Grant TOTAL AMOUNT 7,800,000 3. For the purposes of this Section, the term “Operational Costs” means expenditures incurred by CORAF and the PCU to finance the cost under the Project of: (i) salaries of the staff of CORAF and the PCU (excluding civil servants) and state contributions thereon; (ii) per diem and travel expenses of the staff to perform their responsibilities under the Project; (iii) fuel and vehicle maintenance and insurance; (iv) communication technology (including, without limitation, internet and telephone); (v) building security and maintenance; (vi) translation services, photocopies and publications; (vii) bank commissions; and (viii) utilities and office supplies.

Withdrawal of the Proceeds of the Financing. General 1. The Recipient may withdraw the proceeds of the Financing in accordance with the provisions of Article II of the General Conditions, this Section, and such additional instructions as the Association shall specify by notice to the Recipient (including the “World Bank Disbursement Guidelines for Projects” dated May 2006, as revised from time to time by the Association and as made applicable to this Agreement pursuant to such instructions), to finance Eligible Expenditures as set forth in the table in paragraph 2 below. 2. The following table specifies the categories of Eligible Expenditures that may be financed out of the proceeds of the Financing (“Category”), the allocations of the amounts of the Financing to each Category, and the percentage of expenditures to be financed for Eligible Expenditures in each Category: