Counterpart Funds definition

Counterpart Funds means the local currency generated from the Loan proceeds under the Program and referred to in paragraph 4 of Schedule 4 to this Loan Agreement;
Counterpart Funds means the Rupiah proceeds accruing to the Borrower and generated from the proceeds of the Loan under the Program and referred to in Schedules 1 and 5 to this Loan Agreement;
Counterpart Funds means the Peso proceeds accruing to the Borrower and generated from the proceeds of the Loan under the Program and referred to in Schedules 1 and 5 to this Loan Agreement;

Examples of Counterpart Funds in a sentence

  • The Borrower shall ensure that the Counterpart Funds shall be used to meet the Program expenditures and to help maintain the current levels of social and financial expenditures.


More Definitions of Counterpart Funds

Counterpart Funds means the Rupee proceeds accruing to the Borrower and generated from the Loan proceeds under the Program;
Counterpart Funds means the local currency generated from the Grant proceeds under the Program and referred to in paragraph 4 of Schedule 3 to this Grant Agreement;
Counterpart Funds means the Rupee proceeds accruing to the Borrower and generated from the Loan proceeds under the Program and referred to in paragraph 7 of Schedule 5 to this Loan Agreement;
Counterpart Funds means the Taka proceeds accruing to the Borrower and generated from the Loan proceeds under the Program, as referred to in paragraph 7 of Schedule 5 to this Loan Agreement;
Counterpart Funds means the Dong proceeds accruing to the Borrower and generated from the Loan proceeds under the Program and referred to in paragraph 1 of Schedule 5 to this Loan Agreement;
Counterpart Funds means the Cambodian Xxxx proceeds accruing to the Beneficiary and generated from the proceeds of the Loan and Grant under the Program and referred to in paragraph 3 of Schedule 1 and paragraph 7 of Schedule 5 to this Financing Agreement;
Counterpart Funds has the meaning given to such term in Section I.F.1 of Schedule 2 to the Agreement.