Special Account B definition

Special Account B means the account referred to in Section 2.02 (c) of this Agreement;

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;

Special Account B means the account referred to in Paragraph B.1 (b) of Schedule 1 to this Agreement;

Examples of Special Account B in a sentence

• 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 in its central bank, on terms and conditions satisfactory to the Bank, two separate special deposit accounts (Special Account A, for Parts C and D of the Project, and Special Account B, for Part B of the Project).

• The Recipient may open and maintain in FCFA two special deposit accounts (Special Account A and Special Account B) 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.

• 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 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.

More Definitions of Special Account B

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;

Special Account B means the Special Account for KenGen and referred to in Part B of Schedule 1 of this Agreement;

Special Account B means the account referred to Paragraph 1 (b) of Schedule 5 to this Agreement;

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

Special Account B means the Special Account for NWSC and referred to in Section 2.02 (b) of this Agreement;

Special Account B means the account referred to in

Special Account B means the account referred to in Section 2.02 (c) of this Agreement.”