Examples of Underlying Operation in a sentence
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.
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.
Indicate baseline value and annual targets thereafter cumulatively.Project Development Objective (PDO):Menu of GCFF Underlying Operation Mandatory and Suggested Indicators.
Such unused funds may be returned at any time, but at the latest at the end of the disbursement timetable for an Underlying Operation or at the end of a Grant Operation or a Private Sector Operation (or a project therein), the ISA calculates the unused amount (proportional to the Concessionality Amount in the case of an Underlying Operation).
In accordance with Section 1.3 of the FPA, we hereby notify the Trustee that all applicable approvals have been obtained for the above-referenced [Underlying Operation, including the related Concessionality Component] [Grant Operation] with respect to the Allocation by the Steering Committee of US$ .
Use of any mechanized equipment requires prior approval of the Planning Official.
The ISA is expected to apply the same operational policies and procedures applicable to the loan portion of the Underlying Operation (excluding any repayment terms) to the additional concessionality portion as part of an expanded financing package, except as may be modified to apply to non-loan funding.
Although the Company currently maintains liability insurance policies on a claims-made basis, which are intended to cover malpractice liability and certain other claims, the coverage must be renewed annually, and may not continue to be available to the Company in future years at acceptable costs, and on favorable terms.
The ISA and the Benefitting Country are also responsible for keeping the Underlying Operation or Grant Operation, as the case may be, within the project development objective and the geographic, thematic and sectoral scope, and for managing the Project through the relevant ministry, as specified in the approved Funding Request, unless amended in accordance with the terms of this Operations Manual.