Grant Agent definition

Grant Agent means any organization approved by the Board, in consultation with the Trustee, to enter into a Financial Procedures Agreement or Financial Procedures Memorandum to receive Cash Transfers and implement Activities as approved by the Board, or to supervise an Activity.

Grant Agent means any Multilateral Agency Partner or any Donor Country Partner or any other Eligible Organization designated to receive Cash Transfers and implement or supervise an Activity, as approved by the Board in consultation with the Trustee.

Grant Agent means [Name of Grant Agent] in its capacity as Grant Agent under this Agreement.

Examples of Grant Agent in a sentence

• Each Grant Agent will be responsible for reporting through the Secretariat to the Board and to the Contributors on their Activities carried out with the Trust Fund funds pursuant to the GPE Fund Governance Document and the respective Financial Procedures Agreement/Arrangement or Financial Procedures Memorandum and the decisions of the Board.

• Procurement of goods and services for activities financed by the Trust Fund funds transferred to the Grant Agents shall be made in accordance with the policies and procedures of the respective Grant Agent as set out in paragraph 8.2 (a) (i) above.

• The Grant Agents will include provisions corresponding to (i) above in any Grant Agreement that the Grant Agent enters into with Developing Country Partner.

• If the Trustee receives any funds returned from any Grant Agent after the End Transfer Date, the Trustee shall return such Contributor’s pro-rata share of said funds directly to the Contributor or to the relevant Donor Balance Account, or transfer such remaining balance to any other trust fund or fund administered by the Bank, as instructed by such Contributor in writing.

More Definitions of Grant Agent

Grant Agent means an entity designated to receive cash transfers from the GPE Trust Funds and implement or supervise an activity as such entity is approved by the Board in consultation with the Trustee.

Grant Agent means International Development Research Centre in its capacity as Grant Agent under this Agreement.

Grant Agent means Oxfam IBIS in its capacity as Grant Agent under this Agreement.

Grant Agent means any organization approved by the Board, in consultation with the Trustee, to enter into a Financial Procedures Agreement or Financial Procedures

Grant Agent means the Agence Française de Développement in its capacity as Grant Agent under this Agreement.

Grant Agent means the Islamic Development Bank in its capacity as Grant Agent under this Agreement.

Grant Agent means the OECS in its capacity as Grant Agent under this Agreement.