Examples of OCR Loan in a sentence
The Borrower confirms that all such Advance Contracting has been carried out in a manner consistent with the requirements of this Loan Agreement and OCR Loan Agreement.
Table 8.1: Allocation and Withdrawal of Loan Proceeds (ADB OCR Loan) No. a Subject to the condition for withdrawal described in paragraph 6 of Schedule 2 of the Loan Agreement (current project).Source: Asian Development Bank estimates.
The above allocation of the OCR Loan proceeds is subject to review and reallocation, in consultation with the Borrower, based on each executing agency’s performance evaluation from time to time.
Any spill should be fully contained to avoid any harm to the surrounding environment.
Disbursement is subject to the condition for withdrawal described in the OCR Loan Agreement.
All resettlement compensation costs for Component 1 will be refunded to the Government from the ADB OCR Loan.
Subsequently, on 17 September 2021, the Board approved revised OCR Loan Regulations to give effect to the terms of the FLP (effective 1 January 2022).
The following is specified as an additional event for suspension of the right of the Borrower to make withdrawals from the Loan Account for the purposes of Section 8.01(m) of the Loan Regulations: the OCR Loan Agreement shall have become liable for suspension or cancellation or shall have become repayable prior to its agreed maturity date.
The Borrower, through HRMG, shall discuss and agree with ADB on the indicators and baseline data prepared by the consultants prior to the commencement of civil works financed by this Loan Agreement and the OCR Loan Agreement, and ensure that the consultants shall monitor and compare the data during the Project implementation and at Project completion, and submit monitoring and evaluation reports to ADB one month after the completion of their field work.
The following is specified as an additional condition to the effectiveness of this Loan Agreement for the purposes of Section 9.01(f) of the Loan Regulations: the OCR Loan Agreement shall have been duly executed and delivered on behalf of the Borrower and all conditions to its effectiveness (other than a condition requiring effectiveness of this Loan Agreement) shall have been fulfilled.