Participating Region definition

Participating Region means, with respect to any Part of the Project which involves activities intended to be carried out by or in selected Regions of the Recipient (including the in case of Project activities to be carried out in particular administrative subdivisions of Regions (Woredas or Local Authorities)), a Region which has formally consented, in the manner described in paragraph A.1 of Section I of Schedule 2 to this Agreement, to participate in such Part or otherwise cooperate in carrying out such activities under the Project;

Participating Region means any of the Borrower’s regions, which has met the eligibility criteria specified in the Project Operational Manual and has executed a Framework Agreement;

Participating Region means any oblast or other region of the Russian Federation which may from time to time have been selected by the Borrower for participation in the Project on the basis of the selection criteria set forth in the Project Operational Manual, and “Participating Regions” means, collectively, all these regions;

Examples of Participating Region in a sentence

• The Borrower shall make available to the Participating Region the proceeds of the Loan allocated to the Participating Region under the respective categories of the table set forth in paragraph 1 of Schedule 1 to this Agreement.

• The Subsidiary Loan shall be repayable by the Participating Region over a period of up to seventeen (17) years, inclusive of a grace period of up to five (5) years.

• Substitution of any Participating Region under this Section shall be subject to the approval of the Bank.

• The Participating Region shall pay: (i) interest on the repayable portion of the Subsidiary Loan withdrawn and outstanding from time to time, at a variable rate equivalent to two and one-half percent (2.50%) above the interest rate determined in accordance with the provisions of Section 2.06 of this Agreement; and (ii) a commitment charge on the repayable portion of the Subsidiary Loan at the rate equal to the rate payable by the Borrower according to Section 2.05 of this Agreement.

• Each Participating Region shall provide, as cofinancing of Project expenditures, the necessary annual allocations from the consolidated budget of this region in an amount not less then 50% of the portion of the Loan intended for financing the corresponding Project activities in this region.

More Definitions of Participating Region

Participating Region means each participating region or autonomous province, individually considered.

Participating Region and "Participating Regions" mean, singularly and collectively, the region or regions selected for participation in the Project pursuant to paragraph 5(a) of Schedule 5 to this Agreement;

Participating Region means with respect to any Part of the Project which involves activities intended to be carried out in particular regions of the Borrower which are subjects of the Federation, or in particular administrative subdivisions thereof (rayons), a region which has formally consented, in the manner described in paragraph 5 of Part A of Schedule 5 to this Agreement, to participate in such Part or otherwise cooperate in carrying out such activities under the Project;

Participating Region means the following Regions: (i) Center; (ii) North-West;

Participating Region means each and any such region;

Participating Region means Afar, Amhara, Oromiya, SNNP, Tigrai, Dire-dawa, Somali and Harare; “Program Implementation Manual” means the manual, satisfactory to the Association, referred to in paragraph B.2 of Section I of Schedule 2 to this Agreement, setting forth or incorporating by reference, inter alia, the policies, institutional arrangements, and procedures applicable to the PSNP Program, and the eligibility criteria, procedures, and terms and conditions for Safety Net Grants (as hereinafter defined) and provisions for procurement, accounting, evaluation and monitoring of Public Works Program Subprojects, and other related procedures for implementation of the Project, as the same such manual may be amended from time to time;

Participating Region means Afar, Amhara, Oromiya, SNNP, Tigrai, Dire- dawa, Somali and Harare;