Common use of Subsidiary Agreement Clause in Contracts

Subsidiary Agreement. 1. To facilitate the carrying out of the Project Implementing Entity’s Respective Part of the Project, the Borrower shall make part of the proceeds of the Loan available to the Project Implementing Entity under a subsidiary agreement between the Borrower and the Project Implementing Entity (“Subsidiary Agreement”), under terms and conditions approved by the Bank, which shall include the following: the principal amount of the Loan made available under the Subsidiary Agreement (“Subsidiary Loan”) shall be: (a) denominated and repayable in Euros; and (b) made in no less favorable terms than the terms of the Loan.

Subsidiary Agreement. 1. To facilitate the carrying out of the Project by the Project Implementing Entity’s Respective Part of the Project, the Borrower shall make part of the proceeds of the Loan available to the Project Implementing Entity under a subsidiary agreement between the Borrower and the Project Implementing Entity (“Subsidiary Agreement”)Entity, under terms and conditions approved by the Bank, which shall include the following: the principal amount of the Loan made available under the Subsidiary Agreement Bank (“Subsidiary LoanAgreement”) shall be: (a) denominated and repayable in Euros; and (b) made in no less favorable terms than the terms of the Loan).

Subsidiary Agreement. 1. To facilitate the carrying out of the Project Implementing Entity’s Respective Part of the Project, the Borrower shall make part of the proceeds of the Loan available to the Project Implementing Entity under a subsidiary agreement between the Borrower and the Project Implementing Entity (“Subsidiary Agreement”), under terms and conditions approved by the Bank, which shall include the following: the principal amount of the Loan made available under the Subsidiary Agreement (“Subsidiary Loan”) shall be: (a) denominated and repayable in Euros; and (b) made in no less favorable terms than the terms of the Loan.

Subsidiary Agreement. 1. To facilitate the carrying out of the Project Implementing Entity’s Respective Part of by the ProjectPEPS, the Borrower shall shall, through the ministry responsible for infrastructure, make part of the proceeds of the Loan available to the Project Implementing Entity PEPS under a subsidiary agreement between the Borrower and the Project Implementing Entity (“Subsidiary Agreement”), under terms and conditions approved by the Bank, which shall include the following: the principal amount of the Loan made available under the Subsidiary Agreement (“Subsidiary Loan”) shall be: (a) denominated and repayable in Euros; and (b) made in no less favorable terms than the terms of the Loan.

Subsidiary Agreement. 1. To facilitate the carrying out of the Project Implementing Entity’s Respective Part of the Project, the Borrower shall make part of the proceeds of the Loan available to the Project Implementing Entity under a subsidiary agreement between the Borrower and the Project Implementing Entity (“Subsidiary Agreement”), under terms and conditions approved by the Bank, which shall include the following: the principal amount of the Loan made available under the Subsidiary Agreement (“Subsidiary Loan”) shall be: (a) denominated and repayable in Euros; and (b) made in no less favorable terms than the terms of the Loan.: