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.
Each Donor Participant shall pay its Contribution to the Readiness Fund in accordance with the terms of the Donor Participation Agreement.
As explained in section 2, Shared Costs are directly related to the Readiness Fund expenses in two key cross cutting areas: FCPF Secretariat and REDD Methodology Support costs.
Readiness Fund Common Approach to Environmental and Social Safeguards for Multiple Delivery Partners.
The agreed split is that those costs are covered 65% by the Readiness Fund 35% by the Carbon Fund (per the FCPF Charter).
Agency will pay the Grant Funds from monies available through both the High School Graduation and College and Career Readiness Fund and the Statewide Education Initiatives Account (“Funding Source”).
Upon the set-up of the FCPF an agreement on ‘Shared Costs’, that is costs of activities that cut across both the Readiness Fund and Carbon Fund, was agreed.
The Facility shall become operational upon the Operational Date of the Readiness Fund.
The partnership shall include coordination with organizations that support such MC3 apprenticeship readiness programs including the Los Angeles and Orange Counties Building and Construction Trades Council Apprenticeship Readiness Fund.
The FCPF Readiness Fund requires that benefit sharing arrangements be assessed as part of national ‘readiness’ preparations, and requires countries to have a Benefit Sharing Plan under its Carbon Fund, but has also commented that a prescriptive approach to benefit sharing is unlikely to be effective.