Project Bank definition

Project Bank means the bank which provides the Project Bank Account.
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Project Bank means a bank licensed to operate in Romania which is acceptable to EBRD and which is duly selected by the Borrower to become a party to the Debt Service Reserve Account Agreement in accordance with applicable law and regulations.. "Project Support Deed" means the project support deed to be entered into among the Borrower, the City and EBRD, defining the terms and conditions of support to the Project, the MELF Project and the Water System Extension Loan Project to be provided by the City, which deed shall be in form and substance satisfactory to EBRD. "Reference Page" means the display of Euro-zone interbank offered rates for deposits in the Loan Currency designated as page EURIBOR01 on Reuters services (or such other page as may replace page EURIBOR01 on Reuters services for the purpose of displaying Euro-zone interbank offered rates for deposits in the Loan Currency).
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Project Bank means an interactive, web-based, publicly accessible database or project information bank that includes Projects that IGAs plan to develop to implement the MSDP and its Strategic Action Plans.
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Examples of Project Bank in a sentence

  • The Contractor will supply such information on the same day as the Payment Instruction is supplied to the Bank authorising payments out of the Project Bank Account.

  • Option Y(UK)1 Project Bank Account Optional Clients strongly encouraged to use.

  • The Contractor will promptly inform each Subcontractor of the amounts which are to be paid to them from the Project Bank Account pursuant to a relevant Payment Instruction and the date on which the Subcontractor can expect to receive such payment.

  • The Contractor acknowledges and agrees that pursuant to the Contract, the Principal will not be obligated to pay any amount to the Contractor under the Contract until such time as the Project Bank Account has been established.

  • Pending the application of moneys in the Project Bank Account pursuant to a Payment Instruction and subject to clause 3.6, all moneys deposited into and standing to the credit of the Project Bank Account and all choses-in-action connected therewith are held on trustfor each Beneficiary in the amounts identified against their respective names in the relevant Payment Instruction.

  • In the application form, the Applicant will need to provide a work plan that lists the anticipated milestones that will be achieved as part of the project and their descriptions and tentative timelines.

  • The Contractor will keep accurate, complete and up to date books of account and records of all transactions relating to the Project Bank Account, including but not limited to details of all payments out of the Project Bank Account.

  • Each of the Contractor and the Sub-Contractors acknowledges that it has no rights and/or interest in the monies held in the Project Bank Account other than as a beneficiary of the monies owing to it.

  • Subject to the provisions of the Contract, where any Progress Certificate certifies amounts due from the Principal to the Contractor, following receipt by the Principal of a properly completed and valid Progress Payment Instruction(s) and Payment Report, the Principal must pay the amount shown in the Progress Certificate into the Project Bank Account within the time for payment specified in item 6 of Appendix A.

  • Without limitation to any other provision of the Contract, upon payment into the Project Bank Account of any amount which includes the value of an item of unfixed plant and materials, the item shall be the property of the Principal free of any lien or charge.


More Definitions of Project Bank

Project Bank means the bank identified in the Appendix: Contract Particulars. (e) “Project Bank Account” means the account used to receive payments from the Employer and the Contractor and to make payments to the Contractor and PBA Sub- Contractors. (f) “Trust Deed” means an agreement in the form appended to the Contract Specific Conditions which contains provision for administering the Project Bank Account. 10.13.2
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Project Bank means [Project Bank], [●] Branch;
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Project Bank means a bank licensed to operate in Romania which is acceptable to EBRD and which is legally selected by the Borrower to become a party to the Debt Service Reserve Account Agreement.
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Related to Project Bank

  • Agent Bank means, in relation to a Series of Securities, the entity (if any) appointed as such under the Agency Agreement and as specified in the Issue Terms.

  • Infrastructure facility means a building; structure; or networks of buildings, structures, pipes, controls, and equipment, or portion thereof, that provide transportation, utilities, public education, or public safety services. Included are government office buildings; public schools; courthouses; jails; prisons; water treatment plants, distribution systems, and pumping stations; wastewater treatment plants, collection systems, and pumping stations; solid waste disposal plants, incinerators, landfills, and related facilities; public roads and streets; highways; public parking facilities; public transportation systems, terminals, and rolling stock; rail, air, and water port structures, terminals, and equipment.

  • Construction management contract means a contract in which a party is retained by the owner to

  • Project Company means Company incorporated by the bidder as per Indian Laws in accordance with Clause no 3.5.

  • Project Documents means all documents relating to the Construction Loan, Mortgage Loan and Construction Contract. It shall also include all documents required by any governmental agency having jurisdiction over the Apartment Housing in connection with the development, construction and financing of the Apartment Housing, including but not limited to, the approved Plans and Specifications for the development and construction of the Apartment Housing.

  • Project Agreements means this Agreement, EPC Contract, O&M Contract and any other agreements or material contracts that may be entered into by the Developer with any person in connection with matters relating to, arising out of or incidental to the Project.

  • Project Name refers to the project title as stated in the legal agreement (Financing Agreement) between the World Bank and the Government. It should not be confused with the name of the UN Agency’s project or program financed from other sources.]

  • Account Bank Agreement means the account bank agreement dated 15 August 2018 between the Issuer, the Trustee and The Bank of New York Mellon, London branch as the same may be amended, restated, amended and restated, novated, varied, supplemented, substituted, assigned, extended or otherwise replaced or redesignated from time to time;

  • Property Management Agreement means any property management agreement in respect of the Property or any portion thereof entered into in accordance with the terms of this Agreement.

  • Eye bank means a person that is licensed, accredited, or regulated under federal or state law to engage in the recovery, screening, testing, processing, storage, or distribution of human eyes or portions of human eyes.

  • RFP Project Documents means the following documents to be entered into in respect of the Project, by the parties to the respective agreements: