Priority Investment Program definition

Priority Investment Program. (Programme d’Investissement Prioritaire) means the program prepared by a Municipality under a Municipal Contract outlining its priority investments over a given period of four (4) years.
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Priority Investment Program or “PIP” means the set of infrastructure and facilities investments to be carried out under Part A of the Project agreed on by a Beneficiary City or District and included in the respective City Contract;
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Priority Investment Program means the program of a commune outlining its priority investment activities for a given fiscal year.
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Examples of Priority Investment Program in a sentence

  • The PRC government has requested ADB to provide a $450 million MFF to fund a group of selected priority projects in the Priority Investment Program.

  • Guangxi's Strategy and Action Plan for Participation in the GMS Program includes a Priority Investment Program for 2015–2020 intended for financing by various sources including the PRC central and Guangxi governments, multilateral development banks and the private sector.

  • The component has two sub-components:(i) Priority Investment Program (PIP); and (ii) Neighborhood Investments.Component NameComponent 2: Institutional support and capacity-building (US$8.6 million)Comments (optional)Public Disclosure CopyThis component aims to strengthen the capacity of municipalities of target cities and other stakeholders in urban development to plan, program, implement, and manage municipal services in a transparent and inclusive manner.

  • Finegan, J.E. (2000): “The Impact of Person and Organisational Values on Organisational Commitment”, Journal of Occupational and Organisational Psychology, Vol.

  • The project had three major outputs: the Coastal Zone Policy (approved by the cabinet on 17th January 2005), the Coastal Development Strategy (adopted by the Inter-Ministerial Steering Committee on 13th February 2006, five months after the start of CDSP III) and the Priority Investment Program (drafted in 2005 and accepted in 2006).

  • The MODs will ensure that the project is implemented according to the priorities identified by PLGs in consultation with communities, including the Priority Investment Program, in the areas of interventions of the project.

  • A Municipal Contract is a contractual agreement between municipalities and central government, which typically includes a three-pronged program: a Priority Investment Program (PIP), a Priority Maintenance Program (PEP), and a Municipal Adjustment Program (MAP).

  • While less than half of the cities in the country have an approved and updated urban planning document, the city has an Urban Master Plan (Plan Directeur d’Urbanisme, PDU) covering the period 2015-2025 complemented by a Priority Investment Program, a Land Use Plan covering its six districts (Communes), and seven sector plans covering specific areas to be upgraded (Carrefour Ndokoti, Bonassama, Ngwele, Logbaba, Yassa, Bonamoussadi, and PK 14/University of Douala).

  • These have been accepted to be a very useful tool in identifying the strategies and activities the LGU should commit within every stage of the process.

  • A Priority Investment Program comprising public infrastructure rehabilitation and restoration of productive assets of vulnerable households will be financed to meet urgent needs following a quick validation by communities and PLGs. The project will use an inclusive and conflict sensitive process for the identification of additional investments corresponding to community priorities, during implementation.


More Definitions of Priority Investment Program

Priority Investment Program or “PIP” means the Priority Investment Program referred to in Part C.1 of the Project;
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Related to Priority Investment Program

  • Equal Priority Intercreditor Agreement means the Equal Priority Intercreditor Agreement substantially in the form of Exhibit G-1 among (x) the Collateral Agent and (y) one or more representatives of the holders of one or more classes of Permitted Additional Debt and/or Permitted Equal Priority Refinancing Debt, with any immaterial changes and material changes thereto in light of the prevailing market conditions, which material changes shall be posted to the Lenders not less than five Business Days before execution thereof and, if the Required Lenders shall not have objected to such changes within five Business Days after posting, then the Required Lenders shall be deemed to have agreed that the Administrative Agent’s and/or Collateral Agent’s entry into such intercreditor agreement (with such changes) is reasonable and to have consented to such intercreditor agreement (with such changes) and to the Administrative Agent’s and/or Collateral Agent’s execution thereof.

  • Streamlined Documentation Mortgage Loan Any Mortgage Loan originated pursuant to the Seller's Streamlined Loan Documentation Program then in effect.

  • Priority List means the annual listing of fundable, waiting, and planning portion projects.

  • First Lien/First Lien Intercreditor Agreement means an intercreditor agreement substantially in the form of Exhibit H hereto, or such other customary form reasonably acceptable to the Administrative Agent and the Borrower, as such document may be amended, restated, supplemented or otherwise modified from time to time.

  • First Lien/Second Lien Intercreditor Agreement means an intercreditor agreement substantially in the form of Exhibit H hereto, or such other customary form reasonably acceptable to the Administrative Agent and the Borrower, in each case, as such document may be amended, restated, supplemented or otherwise modified from time to time.

  • Refinancing Trust Has the meaning specified in the Intercreditor Agreement.

  • First Lien Mortgage Loan A Mortgage Loan secured by a first lien Mortgage on the related Mortgaged Property.

  • Second Lien Mortgage Loan A Mortgage Loan secured by a second lien Mortgage on the related Mortgaged Property.

  • First Lien Credit Agreement means the Credit Agreement, dated as of the Closing Date, among Holdings, the Borrower, the guarantors party thereto, the lenders party thereto, the other parties from time to time party thereto, and the First Lien Administrative Agent.

  • Second Lien Credit Agreement means that certain Second Lien Credit Agreement, dated as of December 30, 2020, among Vine Energy Holdings LLC, as borrower, the lenders from time to time party thereto and Xxxxxx Xxxxxxx Senior Funding, Inc. as Administrative Agent (as defined therein) and Collateral Agent (as defined therein), as further amended, restated, amended and restated, extended, supplemented or otherwise modified from time to time

  • Designated Second Priority Representative means (i) the Initial Second Priority Representative, until such time as the Second Priority Debt Facility under the Initial Second Priority Debt Documents ceases to be the only Second Priority Debt Facility under this Agreement and (ii) thereafter, the Second Priority Representative designated from time to time by the Second Priority Instructing Group, in a notice to the Designated Senior Representative and the Company hereunder, as the “Designated Second Priority Representative” for purposes hereof.

  • First Lien Last Out Loan Any Collateral Obligation that would be a Senior Secured Loan except that, following a default, such Collateral Obligation becomes fully subordinated to other senior secured loans of the same Obligor and is not entitled to any payments until such other senior secured loans are paid in full.

  • Priority Lien Secured Parties means the holders of Priority Lien Obligations and any Priority Debt Representatives.

  • First Priority Secured Parties means, with respect to each Type of Common Collateral, the First Priority Representative and the holders of the First Priority Obligations.

  • Permitted First Priority Refinancing Debt means any secured Indebtedness incurred by the Borrower in the form of one or more series of senior secured notes or senior secured loans; provided that (i) such Indebtedness is secured by the Collateral on a pari passu basis with the Obligations and is not secured by any property or assets of Holdings and its Subsidiaries other than the Collateral, (ii) such Indebtedness constitutes Credit Agreement Refinancing Indebtedness in respect of Term Loans, (iii) such Indebtedness does not mature prior to the Maturity Date of the Refinanced Debt and such Indebtedness shall have a Weighted Average Life to Maturity that is not shorter than the Refinanced Debt, (iv) to the extent applicable, the security agreements relating to such Indebtedness are substantially the same as the Security Documents (with such differences as are reasonably satisfactory to the Administrative Agent), (v) no Restricted Subsidiary guarantees such Indebtedness unless it is a Subsidiary Guarantor (or becomes a Subsidiary Guarantor substantially concurrently with the incurrence of such Indebtedness); provided that, if, at any time, such Restricted Subsidiary ceases to be a Guarantor, it shall not guarantee such Indebtedness, (vi) the other terms and conditions of such Indebtedness (excluding pricing, fees, rate floors, premiums, optional prepayment or optional redemption provisions) reflect market terms and conditions at the time of incurrence and issuance; provided, that, to the extent such terms and documentation are not substantially identical to the Indebtedness being refinanced, (x) such terms (taken as a whole) shall be less favorable to the providers of such Permitted First Priority Refinancing Debt than those applicable to the Indebtedness being refinanced, except, in each case, for financial or other covenants or other provisions contained in such Indebtedness that are applicable only after the then Latest Maturity Date, or (y) such documentation shall be reasonably acceptable to the Administrative Agent and (vii) a Senior Representative acting on behalf of the holders of such Indebtedness shall have become party to a Pari Passu Intercreditor Agreement and the Administrative Agent shall have become a party to the Pari Passu Intercreditor Agreement (or any then-existing Pari Passu Intercreditor Agreement shall have been amended or replaced in a manner reasonably acceptable to the Administrative Agent, which results in such Senior Representative having rights to share in the Collateral as provided in clause (i) above). Permitted First Priority Refinancing Debt will include any Registered Equivalent Notes issued in exchange therefor.

  • First Lien Loan A Mortgage Loan secured by a first lien Mortgage on the related Mortgaged Property.

  • Second Priority Secured Parties means the Second Priority Representative, the Second Priority Creditors and any other holders of the Second Priority Obligations.

  • Priority Lien means a first priority Lien (subject in priority only to Permitted Prior Liens) granted in favor of the Collateral Trustee pursuant to a Note Security Document, at any time, upon any property of the Company or any other Grantor to secure Priority Lien Obligations.

  • First Lien Term Loans means the “Term Loans” as defined in the First Lien Credit Agreement.

  • Second Priority Documents means each Second Priority Agreement, each Second Priority Security Document and each Second Priority Guarantee.

  • Refinancing Trust Agreement has the meaning specified in Section 9.1(c).

  • First Lien Loans means the “Loans” (or any comparable term) as defined in the First Lien Credit Agreement.

  • First Priority Documents means the First Priority Agreement, each First Priority Security Document and each First Priority Guarantee.

  • Senior Priority Obligations as defined in the Base Intercreditor Agreement.

  • Junior Priority Obligations means the Initial Junior Priority Obligations and any Additional Obligations constituting Junior Priority Debt.

  • Second Lien Loan A Mortgage Loan secured by a second lien Mortgage on the related Mortgaged Property.