Fiduciary Arrangements definition

Fiduciary Arrangements means any law, regulation, agreement or arrangement pursuant to which the Issuer allows Banco de la Ciudad de Buenos Aires or any other bank or financial institution to (i) deduct or set aside amounts from the funds of the Issuer deposited with any such bank or financial institution or (ii) otherwise have preferential recourse to certain assets or Revenues of the Issuer, in each case to create or fund fiduciary funds for the financing of infrastructure projects carried out by, or for the benefit of, the Issuer, which projects have been considered as a high priority by the Issuer’s Head of Government and provided for in the Issuer's budget for the relevant period.

Examples of Fiduciary Arrangements in a sentence

  • Details on Grant Recipients’ accountability are contained in:• 'Fiduciary Arrangements for Grant Recipients';• Guidelines for Performance Based Funding'; and• 'Guidelines for Annual Audits of Program Financial Statements'.

  • Fiduciary Arrangements: The project will be supported by an FM Specialist and an FM assistant (consultants) at national level.

  • In terms of Fiduciary Arrangements, the World Bank is providing the overall fiduciary oversight responsibilities under the Program on behalf of the DPs providing financing to the Program through the CWA as agreed under the POM.

  • In order to move forward the contract negotiations by the project team and mainly by LEG, herein are those Fiduciary Arrangements that must be considered in the special conditions:Special Conditions Precedent to First Disbursement: - Financial Structure established at the Bank’s satisfaction.

  • The Global Fund’s Fiduciary Arrangements for Grant Recipients define financial accountability, detail how grant resources are to be managed and describe the roles and responsibilities of different parties.

  • The total capitalization of funds currently managed by EGFL is US$108,914,055 (see the link to the Fiduciary Arrangements and Requirements).

  • Figure A3.2: Financial Management and Fiduciary Arrangements DP (Funds)Table A.3.1. Financing Table for World Bank Table A.3.2. Financing Table for EU TF CategoryFinancial Management Action Plan Action to be takenTime-frameResponsible body1.

  • In summary, while the Global Fund’s guidance on the selection of grant management and implementing partners has become slightly more prescriptive with time, the details are left to the discretion of CCMs. 6 Global Fund: Fiduciary Arrangements for Grant Recipients July 1, 2003.

  • In addition, the attached Fiduciary Arrangements Annex, details the procurement execution and supervision mechanism appropriate to the country fiduciary context.

  • The PR through the PIU has established systems, processes and practices in accordance to Fiduciary Arrangements for Grant Recipients, adopted by the 5th GFATM Board Meeting in June 2003.The PR ensures that effective arrangements are put in place for: (i) disbursement of funds to all implementing entities (e.g. Sub-Recipients); (ii) procurement and supply management; and (iii) monitoring and evaluation, including reporting on programmatic results and financial accountability to the Global Fund and the CCM.

Related to Fiduciary Arrangements

  • Management Arrangements means the arrangements for the strategic management of the relationship between the Authority and the Contractor, including arrangements for monitoring of the Contractor’s compliance with the Specification, the Service Levels, the Award Procedures and the terms of this Framework Agreement, set out in Schedule 4.

  • Cash Management Arrangements means all cash management arrangements pursuant to which Honeywell or its Subsidiaries automatically or manually sweep cash from, or automatically or manually transfer cash to, accounts of SpinCo or any member of the SpinCo Group.

  • Benefit Arrangements has the meaning set forth in Section 4.20(b).

  • Arrangement Provisions means Part 9, Division 5 of the BCBCA;

  • Continuing Arrangements means those arrangements set forth on Schedule 1.1(24) and such other commercial arrangements among the Parties that are intended to survive and continue following the Separation Time; provided, however, that for the avoidance of doubt, Continuing Arrangements shall not be Third Party Agreements.

  • Joint service arrangements means agreements between or

  • Benefit Arrangement means at any time an employee benefit plan within the meaning of Section 3(3) of ERISA which is not a Plan or a Multiemployer Plan and which is maintained or otherwise contributed to by any member of the ERISA Group.

  • admission arrangements means the arrangements for a particular school or schools which govern the procedures and the decision making for the purposes of admitting pupils to the school.

  • Compensation Arrangement means any direct or indirect compensatory payment or other financial agreement, arrangement or understanding with any person or entity other than the Corporation, including any agreement, arrangement or understanding with respect to any direct or indirect compensation, reimbursement or indemnification in connection with candidacy, nomination, service or action as a nominee or as a director of the Corporation;

  • Access Arrangement means an arrangement for access to a Covered Pipeline that has been approved by the Relevant Regulator.

  • Financing Arrangements means the arrangements between the Borrower and the State as per current policy of the Borrower, and acceptable to ADB;

  • Treasury Management Arrangement means any agreement or other arrangement governing the provision of treasury or cash management services, including deposit accounts, overdraft, credit or debit card, funds transfer, automated clearinghouse, zero balance accounts, returned check concentration, controlled disbursement, lockbox, account reconciliation and reporting and trade finance services and other cash management services.

  • Foreign Benefit Arrangement means any employee benefit arrangement mandated by non-U.S. law that is maintained or contributed to by any Credit Party or any of its Subsidiaries.

  • Travel Arrangements means: (a) transportation: (b) accommodations: and (c) other specified services arranged by the Travel Supplier for the covered trip.

  • Deposit Account Control Agreements means, with respect to each deposit account that is required by the Collateral Agreement to be subject to a control agreement, a deposit account control agreement executed by the Borrower, the Administrative Agent as the secured party thereto, and the deposit bank, as each may be amended, restated, supplemented or otherwise modified from time to time.

  • Benefit Plans shall have the meaning set forth in Section 3.13(a).

  • Tax Sharing Arrangement means any written or unwritten agreement or arrangement for the allocation or payment of Tax liabilities or payment for Tax benefits with respect to a consolidated, combined or unitary Tax Return which includes the Company.

  • Account Control Agreement(s) means any agreement entered into by and among the Agent, Borrower and a third party bank or other institution (including a Securities Intermediary) in which Borrower maintains a Deposit Account or an account holding Investment Property and which perfects Agent’s first priority security interest in the subject account or accounts.

  • legal arrangement means a trust or other similar arrangement;

  • Multiple employer welfare arrangement means a multiple employer welfare arrangement

  • Employee Benefit Plans shall have the meaning set forth in Section 3.20(a).

  • Cash Management Agreements means those certain cash management agreements, in form and substance satisfactory to Agent, each of which is among the applicable Credit Party, Agent, and one of the Cash Management Banks.

  • Arrangement Agreement has the meaning ascribed thereto in the recitals hereof;

  • Welfare Benefit Plan means each welfare benefit plan maintained or contributed to by the Company, including, but not limited to a plan that provides health (including medical and dental), life, accident or disability benefits or insurance, or similar coverage, in which Executive was participating at the time of the Change in Control.

  • Deposit Account Control Agreement means each deposit account control agreement among a Borrower, the Administrative Agent and the Account Bank, as the same may be amended, amended and restated, supplemented or otherwise modified from time to time.

  • Co-Arrangers has the meaning specified in the recital of parties to this Agreement.