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.
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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

  • 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.

  • Multiple employer welfare arrangement means a multiple employer welfare arrangement

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