Underlying Operation definition

Underlying Operation or “Project” means an integrated financing package consistent with the Objective and Scope of the CFF from the ISA for a Benefitting Country, consisting of loan funds alongside additional (non-loan) funds reflecting the Concessionality Amount.
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Examples of Underlying Operation in a sentence

  • Each ISA carries fiduciary responsibility to the Steering Committee and the Supporting Countries for any funds it receives from the CFF, including proper use of the Concessionality Amount to provide concessionality to the Underlying Operation or proper use of the funds for the Grant Operation, as the case may be, and in so doing is obligated to follow its applicable policies and procedures, in accordance with the terms of its FPA, including application of this Operations Manual.

  • The Supporting Countries may decide not to approve the change with respect to any amount of the Concessionality Component, or Grant Operation funding that remains undisbursed by the ISA, in which case the Benefitting Country can elect (i) not to make the change and continue the Underlying Operation or Grant Operation as originally approved by the Steering Committee, or (ii) to make the change and stop receiving the subsequent ISA disbursements relative to the Allocation.

  • The designated ISA prepares and implements the provision of concessionality (the “Concessionality Component”) through use of the Concessionality Amount for the Underlying Operation described in the Funding Request.

  • Indicate baseline value and annual targets thereafter cumulatively.Project Development Objective (PDO):Menu of GCFF Underlying Operation Mandatory and Suggested Indicators.

  • Costs for the Underlying Operation such as staff time and travel for project preparation and supervision is to be covered by the ISA in connection with its Underlying Operation and not from the CFF.

  • Please update the cumulative target values section of the results framework as appropriateProject Development Objective (PDO):Menu of CFF Underlying Operation Suggested and Sample Indicators.

  • Indicate baseline value and annual targets thereafter cumulatively.Project Development Objective (PDO):Menu of CFF Underlying Operation Suggested and Sample Indicators.

  • When a Benefitting Country seeks to make a material change to the project development objective, geographic area, thematic or sectoral scope, or ministry managing the Project for an Underlying Operation or a Grant Operation, and the ISA concurs with the change under its applicable policies and procedures, the Benefitting Country notifies the Steering Committee, through the Coordination Unit and with endorsement of the ISA, of the nature and rationale of the proposed change before it can take effect.

  • Such unused funds are expected to arise if the full loan amount of the Underlying Operation, or the full amount for the Grant Operation or Private Sector Operation, is not disbursed by the ISA, or if such funds were disbursed but not used for the project/program and were returned to the ISA, as for example when procurement is under budget, implementation is partial or cancelled or a guarantee is not called.

  • Should the Steering Committee decide to approve an amount less than US$ [ ] million + ISA costs, the Benefitting Country accepts to receive any such lesser amount as Concessionality Amount for the Underlying Operation.

Related to Underlying Operation

  • Mining operation means any operations undertaken for the purpose of winning any mineral as defined in section 3 (d) of Mines and Minerals (Development and Regulation) Act, 1957.

  • Farming operation means raising, cultivating, propagating, fattening, grazing, or any other farming, livestock, or aquacultural operation.

  • Farm operation means any activity conducted solely or primarily for the production of one or more agricultural products or commodities, including timber, for sale or home use, and customarily producing such products or commodities in sufficient quantity to be capable of contributing materially to the operator's support.

  • Animal feeding operation (“AFO”) means a lot or facility (other than an aquatic animal production facility) where animals have been, are, or will be stabled or confined and fed or maintained for a total of 45 days or more in any 12-month period, and crops, vegetation, forage growth, or post-harvest residues are not sustained in the normal growing season over any portion of the lot or facility [40 CFR § 122.23(b)(1)].

  • Mining Operations means every kind of work done by the Operator:

  • Salvage operation means any business, trade or industry engaged in whole or in part in salvaging or reclaiming any product or material, including but not limited to metals, chemicals, shipping containers or drums.

  • Disaster recovery project means a project located on property

  • Underlying Company means the issuer of the relevant Security as specified above, in each case subject to adjustment in accordance with Condition 13 (Adjustments).

  • Manufacturing operation means a process in which materials are changed, converted, or transformed into a different state or form from which they previously existed and includes refining materials, assembling parts, and preparing raw materials and parts by mixing, measuring, blending, or otherwise committing such materials or parts to the manufacturing process. "Manufacturing operation" does not include packaging.

  • Class B operator means a person who implements applicable underground storage tank regulatory requirements and standards. This includes implementing the day-to-day aspects of operating, maintaining, and record keeping for underground storage tanks at one or more facilities. A Class B operator typically monitors, maintains and ensures that release detection methods, record-keeping, and reporting requirements are met; release prevention equipment, record-keeping, and reporting requirements are met; all relevant equipment complies with performance standards; and appropriate individuals are trained to properly respond to emergencies caused by releases and spills.

  • Operating Period for any Element of the Project shall mean the period from (and including) the COD of such Element of the Project, up to (and including) the Expiry Date and for the Project, shall mean the period from (and including) the COD of the Project, up to (and including) the Expiry Date;

  • blending operation means actions supported by the EU budget, including within blending facilities pursuant to Article 2(6) of the Financial Regulation, combining non-repayable forms of support and/or financial instruments from the EU budget with repayable forms of support from development or other public finance institutions, as well as from commercial finance institutions and investors.

  • Underlying insurance means the DESIGNATED UNDERLYING POLICY and all insurances affording professional liability insurance coverage to any INSURED hereunder which are considered to be primary to this insurance, including without limitation, any such mandatory insurance coverage afforded any INSURED by any law society or other program, and any such non-mandatory insurances purchased as coverage or primary to (beneath) this POLICY coverage, but in no case shall include any insurance specifically acquired and stated to be in excess of this POLICY. Signed on behalf of Lawyers’ Professional Indemnity CompanyDaniel E. PinningtonDaniel E. PinningtonPresident and Chief Executive Officer Endorsement No . 1pollutIon exClusIonThis POLICY, subject to all its terms and conditions not in conflict with this endorsement, and further to Part III Exclusion (g), shall include the following:This insurance does not apply to:(a) damage arising out of the actual, alleged or threatened discharge, seepage, dispersal, release or escape of pollutants:

  • In operation means engaged in activity related to the primary design function of the source.

  • Project means the goods or Services described in the Signature Document or a Work Order of this Contract.

  • Commissioning Period means, with respect to each Subproject, the period commencing upon the first delivery of Feed Gas to the Subproject in accordance with Sections 4.8 and 11.1 of the Agreement continuing through achievement of RFSU, commissioning, Start Up, Performance Testing and achievement of Substantial Completion for such Subproject.

  • co-operative means a co-operative registered in terms of section 7 of Cooperatives Act, 2005 (Act No. 14 of 2005)

  • Operating parameter value means a minimum or maximum value established for a control device or process parameter that, if achieved by itself or in combination with one (1) or more other operating parameter values, determines that an owner or operator has complied with an applicable emission limit.

  • Drilling operations means the drilling of an oil and gas well and the production and completion operations ensuing from the drilling which require entry upon the surface estate and which were commenced after June 30, 1979, and oil and gas geophysical and seismograph exploration activities commenced after June 30, 1983.

  • Property Manager means an entity that has been retained to perform and carry out at one or more of the Properties property-management services, excluding persons, entities or independent contractors retained or hired to perform facility management or other services or tasks at a particular Property, the costs for which are passed through to and ultimately paid by the tenant at such Property.

  • Unit operating hour or "hour of unit operation" means an hour in which a unit combusts any fuel.

  • Operation Period means the period commencing from COD and ending on the Transfer Date;

  • project completion period means the period of sixty (60) months commencing from and expiring on for the construction and obtaining of Temporary Occupation Permit or Permits for the whole of the Development as provided in clause 3.3;

  • Storm water or wastewater collection system means piping, pumps, conduits, and any other equipment necessary to collect and transport the flow of surface water run-off resulting from precipitation, or domestic, commercial, or industrial wastewater to and from retention areas or any areas where treatment is designated to occur. The collection of storm water and wastewater does not include treatment except where incidental to conveyance.

  • Construction Period means the period commencing from the Appointed Date and ending on the date of the Completion Certificate;