Special Account B definition

Special Account B means the account referred to in Section 2.02 (c) of this Agreement;
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Special Account B means the special deposit account opened for withdrawals in respect of expenditures made under Part B of the Project, and referred to in Part B of Schedule 1 to this Agreement;
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Special Account B means the special deposit account opened for withdrawals in respect of expenditures made under Parts A, B, and D of the Project and referred to in Section 2.02 (b) of this Agreement;
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Examples of Special Account B in a sentence

  • The Borrower may open and maintain in Dollars special deposit accounts (Special Account A in respect of Categories (5) and (6) of the table in Part A.1 of this Schedule, and Special Account B in respect of Categories (1)-(4) and (7)-(9) of the table in Part A.1 of this Schedule) in a commercial bank acceptable to the Association, on terms and conditions satisfactory to the Association, including appropriate protection against set-off, seizure and attachment.

  • For the purposes of this Annex, the term “Authorized Allocation” means: (i) an amount of $600,000 to be withdrawn from the Loan Account and deposited into the Borrower’s central bank for Special Account A; and (ii) an amount of $1,400,000 to be withdrawn from the Loan Account and deposited into the Borrower’s central bank for Special Account B, all pursuant to paragraph 2 of this Annex.

  • The Recipient may open and maintain in Dollars two (2) special deposit accounts (Special Account A (PCU) in respect of activities to be financed under Parts C.1, 2, and 3 (a) of the Project, and Special Account B (ASSETIP) in respect of activities to be financed under Parts A, B, and C.3 (b) of the Project, respectively) in the Central Bank of Rwanda, on terms and conditions satisfactory to the Association.

  • The Borrower shall open and maintain in United States dollars five (5) separate special deposit accounts (Special Account A for Part A of the Project, Special Account B for Part B of the Project, Special Account C for Part C of the Project, Special Account D for Part D of the Project and Special Account E for Part E of the Project) in one or more commercial banks, on terms and conditions satisfactory to the Administrator, including appropriate protection against set-off, seizure and attachment.

  • The Borrower may open and maintain in Dollars two separate special deposit accounts, one for Part A through D of the Project (Special Account A) and one for Part E of the Project (Special Account B), each in a commercial bank acceptable to the Association, on terms and conditions satisfactory to the Association, including appropriate protection against set-off, seizure and attachment.


More Definitions of Special Account B

Special Account B means the account referred to in Paragraph B.1 (b) of Schedule 1 to this Agreement;
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Special Account B means the Special Account for KenGen and referred to in Part B of Schedule 1 of this Agreement;
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Special Account B means the account referred to Paragraph 1 (b) of Schedule 5 to this Agreement;
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Special Account B means the Special Account “as hereinafter defined” for KAA, KCAA, and MOTC and referred to in Section 2.02 (b) of this Agreement; and
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Special Account B means the account referred to in Part B (1) (b) of Schedule 1 to this Agreement;
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Special Account B means the account referred to in Section 2.02 (c) of this Agreement.”
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Special Account B means the special deposit account opened for withdrawals in respect of expenditures to be financed from the Grant, and referred to in Part B.1 of Schedule 1 to this Agreement;
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