Safeguards. In the event that Collective Redundancies become necessary as determined by the Borrower, a result of Project implementation, the Borrower shall: (i) prior to taking any action in connection thereto, prepare and furnish to the Bank one or more retrenchment plans (as determined by the Borrower) satisfactory to the Bank; (ii) thereafter implement, or cause to be implemented, each of such plans in accordance with their respective terms; and (iii) once the retrenchment plans have been implemented, promptly prepare and furnish the Bank a report on the results of said implementation. The Borrower, through the PIU and CFU, shall furnish to the Bank each Project Report not later than one month after the end of each calendar semester, covering the calendar semester. Without limitation upon the provisions of Article II of the General Conditions and in accordance with the Disbursement and Financial Information Letter, the Borrower may withdraw the proceeds of the Loan to: (i) finance Eligible Expenditures; and (ii) pay the Front-end Fee; in the amount allocated and, if applicable, up to the percentage set forth against each Category of the following table: Category Amount of the Loan Allocated (expressed in EUR) Percentage of Expenditures to be financed (inclusive of Taxes)
Safeguards. The Borrower shall take all necessary measures to ensure that the Project is implemented in accordance with the EMP.
Safeguards. 1. The Borrower shall carry out the Project in accordance with the EMP in a manner acceptable to the Bank, and shall not amend, suspend, abrogate, repeal or waive any provision of the EMP without the prior approval of the Bank.