Examples of Financial Procedures Agreement in a sentence
Financial Procedures Agreement between the Asian Development Bank and the International Bank for Reconstruction and Development as Trustee of the Global Environment Facility Trust Fund.
This Financial Procedures Agreement is entered into for purposes of financing Concessionality Components and, in exceptional cases, Grant Operations.
In the event of conflict, the terms of this Financial Procedures Agreement shall prevail over the Operations Manual; provided, however, that the ISA shall consult with the Steering Committee regarding such conflict and potential mitigation.
The Trustee held a two-day meeting with all the MDBs in Washington, DC to discuss the Financial Procedures Agreement setting out the terms and conditions for making commitments and cash transfers to the MDBs as well as reporting requirements to the Trustee.
An Implementing Partner is expected to notify the Steering Committee, through the Trustee and Secretariat, subject to its policies and procedures including with respect to disclosure of information, at any time it becomes aware of a materially adverse condition that interferes or threaten to interfere with an operation or the Implementing Partner’s obligations under its Financial Procedures Agreement.