local expenditures definition

local expenditures means expenditures in the currency of the Borrower or for goods or services supplied from the territory of the Borrower; and
local expenditures means expenditures in the currency of the Guarantor or for goods or services supplied from the territory of the Guarantor.
local expenditures means expenditures that are not foreign expenditures.

More Definitions of local expenditures

local expenditures means expenditures in the currency of the Recipient for services supplied from the territory of the Recipient;
local expenditures means expenditures that are not foreign expenditures, provided, however, that if the currency of the Recipient is also that of another country from the territory of which goods or services are supplied, expenditures in such currency for such goods or services shall be deemed to be foreign expenditures.
local expenditures means any expenditures that are not foreign expenditures.
local expenditures means expenditures in the currency used in the parts of the West Bank and Gaza under the jurisdiction of the Palestinian Authority or for goods or services supplied from the parts of the West Bank and Gaza under the jurisdiction of the Palestinian Authority, provided, however, that if the currency used in the parts of the West Bank and Gaza under the jurisdiction of the Palestinian Authority is also that of a country from the territory of which goods or services are supplied, expenditures in such currency for such goods or services shall be deemed to be “foreign expenditures”; and
local expenditures means expenditures for goods supplied from the territory of Ecuador (i.e., sold while within the customs territory of Ecuador for such goods’ first use under the Project) regardless of those goods’ territory of origin;
local expenditures means any expenditures that are not foreign expenditures; and
local expenditures means expenditures in the currency of the Borrower or for goods or services supplied from the territory of the Borrower; and the termoperating costs” means the incremental expenses incurred on account of office supplies, LAPU staff allowances, communications and utilities, maintenance of vehicles and office equipment, fuel, spare parts, office rentals, travel and supervision, and special account banking charges, but excluding salaries of officials of the Borrower’s civil service.