ADMINISTRATION OF THE GRANT. Section 2.01. Subject to the terms and conditions set forth in this Grant Agreement, ADB agrees to make available to the Recipient on a grant basis, and administer, the grant provided by SIDA in the amount equivalent to thirteen million Dollars ($13,000,000) (“SIDA Grant”). Section 2.02. Notwithstanding any other provision of this Grant Agreement, ADB is not obliged to make any disbursement from the Grant Account, except to the extent that ADB has received the SIDA Grant from SIDA.
Appears in 1 contract
Sources: Grant Agreement
ADMINISTRATION OF THE GRANT. Section 2.01. Subject to the terms and conditions set forth in this Grant Agreement, ADB agrees to make available to the Recipient on a grant basis, and administer, the grant provided by SIDA in the administer an amount equivalent to thirteen of twenty million Dollars ($13,000,000) (“SIDA Grant”20,000,000).
Section 2.02. Notwithstanding any other provision of this Grant Agreement, ADB is not obliged to make any disbursement from the Grant Account, except to the extent that ADB has received the SIDA Grant from SIDA.
Appears in 1 contract
Sources: Grant Agreement