Examples of OFID Loan in a sentence
Out of 36 Pourashavas, 24 Pourashavas will be improved under ADB Loan No L- 3551 BAN (COL), 5 Pourashavas under ADB Loan no L-3550 (OCR), one Pourashava under GoB funded and the following 6 Pourashavas will be improved under OFID Loan No L- 8285: (1) Rajbari, (2) Magura, (3) Chuadanga, (4) Meherpur, (5) Jashore and (6) Benapole.
The original OFID Loan administration procedures will also equally apply to the OFID supplementary co- financing, as stipulated in the Technical Annex B4 and B5.
Councilmember Garza stated nationwide recruitment is a long process; stated it is important for the City Manager to have knowledge and experience with the City of Buckeye; stated it was important to take into consideration the experience of current councilmembers; and stated internal employees should be offered the opportunity to apply.
The borrower shall ensure that no proceeds of the Loan or OFID Loan are used to finance any activity included in the list of prohibited investment activities provided in Appendix 5 of the SPS.
Withdrawals from the Loan Account may be made for reimbursement of eligible Category 1 expenditures incurred under the Project before the Effective Date, but not earlier than the date on which OFID’s governing board has approved the OFID Loan and in any event not earlier than 12 months before the date of this Loan Agreement, subject to a Schedule 3 maximum amount equivalent to 20% of the amount allocated for Category 1.
As mentioned in Chapter 1, the legal basis of the project resettlement policy will not be discussed anymore; this matter had been discussed in detail in the the November 2010 RP agreed by the Government and ADB for the Second Northern Greater Mekong Sub- region Transport Network Improvement Project and the October 2017 URP prepared for ADB Grant 0234-LAO and OPEC Fund for International Development (OFID) Loan 1392P and Supplementary Loan 1650P.
The right of the Borrower to withdraw the proceeds of the OFID Loan has been suspended or cancelled in whole or in part; or any even has occurred which, with the notice of the passage of time could result in the foregoing; and the Fund has determined that such suspension or cancellation is likely to have a material adverse effect on the Project.
SIRP has just finalised the opening of a designated account for the OFID Loan and, during this mission, has received the first advance of USD 0,5 million.
In the unforeseen event that OFID does not provide the OFID Loan, the Borrower shall take all necessary and appropriate steps to make available an alternative source of cofinancing required for timely and effective completion of the Project, and the references herein to OFID, the OFID Loan, and the OFID Loan Agreement shall be read to refer, respectively, to such alternative source(s), the cofinancing provided by such source(s), and the agreement(s) under which such source(s) provide(s) such cofinancing.
The Borrower shall ensure that no proceeds of the Loan or OFID Loan are used to finance any activity included in the list of prohibited investment activities provided in Appendix 5 of the SPS.