Readiness Fund definition

Readiness Fund means one of the two trust funds established under the Facility to receive funding from Donor Participants to achieve the objectives described in Section 2.1;
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Examples of Readiness Fund in a sentence

  • On or before termination of the Facility, the Participants may decide to continue the business of the Facility by unanimous vote of all the Participants, provided that, the Trustee will continue to serve as trustee of the Readiness Fund and/or the Carbon Fund, only if the Board of Executive Directors have expressly agreed to the extension and to the terms of such extension.

  • Any Grant Agreement that is effective at the time of the termination of the Readiness Fund shall continue to be effective in accordance with the provisions in that Grant Agreement.

  • An Eligible Donor may participate in the Readiness Fund through entering into a Donor Participation Agreement.

  • A further eight, unsuccessful proposals have been put to the people since that time.

  • The Bank shall be the Trustee of the Readiness Fund and the Trustee of the Carbon Fund.

  • Donor Participants and Carbon Fund Participants shall jointly elect their representatives as members of the Participants Committee and shall jointly determine their own criteria and mechanism for such elections, taking into account the amount of the Contribution to the Readiness Fund or the Carbon Fund by such individual Participant.

  • Section 20 (b) shall apply to the Trustee of the Readiness Fund and the Trustee of the Carbon Fund except that indemnification of each Trustee is limited to the Fund Property of the respective Fund.

  • In the case of the Readiness Fund, the Trustee of the Readiness Fund shall, upon termination of the Readiness Fund, return to the Donor Participants on a pro rata basis any remaining balance of the Contributions of the Donor Participants that that is not committed by the Trustee of the Readiness Fund or the IBRD, including without limitation, under Grant Agreements and/or any other agreement with any consultant or other third parties for the purpose of the Readiness Fund.

  • Section 2.2 Funds under the FacilityThe Facility shall comprise the following two funds to achieve the objectives described in Section 2.1:(a) A Readiness Fund; and(b) A Carbon Fund.

  • The Readiness Fund and the Carbon Fund shall have separate budgets.

Related to Readiness Fund

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  • Transportation network company driver or “driver” means an

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  • NOC means Network and Support Operating Centre.

  • Sailboat means the same as that term is defined in Section 73-18-2.

  • Ticket means a list of:

  • Drywell means an unlined or partially lined underground pit (regardless of geometry) into which drainage from roofs, basement floors, water softeners or other non-wastewater sources is discharged and from which the liquid seeps into the surrounding soil.

  • Capture means the process of buffering EDR data in a temporary, volatile storage where it is continuously updated at regular time intervals.

  • Classroom teacher means a teacher subject to annual performance evaluation review under the provisions of Education Law Section 3012-c.

  • Peak means the Morning Peak and the Evening Peak;

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  • Classroom hour means 50 minutes of instruction out of

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