Resettlement Costs definition

Resettlement Costs means the expenditures incurred for cash compensation and/ or other assistance paid for involuntary resettlement, such as costs related to moving, compensation for assets, compensation to farmers, special assistance to vulnerable Affected Persons, and for loss of livelihoods, as set forth in the relevant site-specific resettlement action plan, acceptable to the Association.
Resettlement Costs means the expenditures incurred by the Recipient on account of implementation of the resettlement action plan(s), as approved by the Association, and which consist of the costs to finance expenditures cash payments for compensation or other cash payments for assistance due to Project Affected Persons or for the cost of land acquisition related to the activities to be carried out under the Project, and which resettlement costs are hereby deemed an Eligible Expenditure for purposes of Section 2.05 of the General Conditions.
Resettlement Costs means expenditures incurred to finance the reasonable cost of land acquisition, replacement value for buildings and other property, relocation of common property, relocation, infrastructure at a new village site, loss of business opportunities, and monitoring and evaluation, respectively, of the Resettlement Action Plan and Resettlement Policy Framework implementation for the resettlement to be carried out under Part A of the Project; and

Examples of Resettlement Costs in a sentence

  • Institutional Framework, Resettlement Costs, and Implementation Schedule.

  • The summary of resettlement cost estimates are presented in Table XI.1.The costs for resettlement include: Direct Resettlement Costs (compensation, transitionalallowances, income restoration assistance); Indirect Resettlement Costs (replacement cost study, EMO); Administration Costs (2% of direct resettlement costs); and Contingency Costs (10% of direct resettlement costs).

  • The amount of the Loan may be withdrawn from the Loan Account in accordance with the provisions of Schedule 1 to this Agreement for expenditures made (or, if the Bank shall so agree, to be made) in respect of the reasonable cost of goods, works, services and Resettlement Costs required for the Project and to be financed out of the proceeds of the Loan.

  • Table 7.2: Comparison of Planned and Actual Resettlement Costs Component 6.

  • LSG has agreed to indemnify the Company and the Purchaser against all losses incurred by the Company, the Purchaser, Assetop and its subsidiaries, as a result of the merger of Shanghai Hu Xin and Kingscord Real Estate not being completed or the Resettlement Costs not being tax deductible for Shanghai Hu Xin, up to a maximum amount of HK$102,000,000.


More Definitions of Resettlement Costs

Resettlement Costs means the expenditures incurred by the Recipient on account of implementation of a resettlement action plan, and which consist of the costs to finance expenditures for cash payments for compensation or other cash payments for assistance due to a Project Affected Person, for Livelihood Restoration, or for the cost of land acquisition related to the activities to be carried out under Part 4.2 of the Project, and which Resettlement Costs are hereby deemed an Eligible Expenditure for purposes of Section 2.05 of the General Conditions up to an amount equivalent to three million United States Dollars ($3,000,000), as approved by the Association on May 22, 2023.
Resettlement Costs means the reasonable costs under Category (1) incurred by MEW in relation to relocation payments to Project Affected Persons, including cash and other payments for livelihood resettlement as identified in the LARAPs and agreed by the Association.
Resettlement Costs means the costs associated with resettlement activities under the Project, acceptable to the Association.
Resettlement Costs means the allocated amount to cover the expenditures incurred by the Recipient associated with implementation of the Resettlement Plans, and which consist of the costs to finance expenditures for cash payments for compensation or other cash payments for assistance due to a Project Affected Person or for the cost of land acquisition related to the activities to be carried out under Parts 2.3 and 3.2 of the Project, carried out in accordance with the Environmental and Social Standards and the ESCP, and which Resettlement Costs are hereby deemed an Eligible Expenditure for purposes of Section 2.05 of the General Conditions.”
Resettlement Costs means the expenditures incurred for cash compensation and/ or other assistance paid for involuntary resettlement, such as costs related to moving, compensation for assets, special assistance to vulnerable Affected Persons, and for loss of livelihoods, as set forth in the Resettlement Policy Framework and the relevant site-specific Resettlement Action Plan, acceptable to the Association.
Resettlement Costs means the compensations to be paid by IPD to Displaced Persons pursuant to the Resettlement Action Plan for the removal of trees from the BKK reservoir and the adjacencies of serving channels, and the removal of standing (seasonal) crops adjacent to the alignment of the peripheral bund of the BKK reservoir, but excluding the purchase/taking of land.
Resettlement Costs means the expenditures incurred by the Recipient on account of implementation of a resettlement action plan, and which consist of the costs to finance expenditures for cash payments for compensation or other cash payments for assistance due to a Project Affected Person, for Livelihood Restoration, or for the cost of land acquisition related to the activities to be carried out under Parts 1 and 3.1 of the Project. Such expenditures and compensation shall be financed by the Recipient’s own financing and made available prior to implementing any RAP under the Project.