Sharing Facilities definition
Examples of Sharing Facilities in a sentence
The Recipient shall adopt a Risk Sharing Facility Operations Manual, in form and substance satisfactory to the Association, setting out implementation, organizational, administrative, monitoring and evaluation, environmental and social monitoring and mitigation, financial management, and disbursement arrangements for purposes of the management and operations of Risk Sharing Facilities.
The Recipient shall, for the purposes of Risk Sharing Facilities, establish and maintain, in a financial institution acceptable to the Association, on terms and conditions satisfactory to the Association, and entrust the Risk Sharing Facility Agent to manage, on behalf of the Recipient, the Risk Sharing Facility Account.
The Recipient may withdraw the proceeds of the Grant in accordance with Section IV of Schedule 2 to this Agreement, and, as regards Risk Sharing Facilities, in accordance with Appendix II to this Agreement.