Common use of Allocation of Loan Proceeds Clause in Contracts

Allocation of Loan Proceeds. (a) The Table below sets forth the Categories of Eligible Expenditures to be financed by the Loan and the allocation of the amounts of the Loan to each Category and the percentages of expenditures for items to be financed in each Category: Category Loan Amount Allocated (expressed in SDR) 1. Civil works 2 900 000 100% 2. Equipment and materials 3 010 000 100% 3. Goods and services 2 520 000 100% 4. Grants 6 200 000 100% 5. Salaries, allowances and operating costs 1 980 000 100% Unallocated 1 840 000 (b) The terms used in the Table above are defined as follows:

Appears in 1 contract

Sources: Negotiated Financing Agreement

Allocation of Loan Proceeds. (a) The Table below sets forth the Categories of Eligible Expenditures to be financed by the Loan Loan/Grant and the allocation of the amounts to each category of the Loan to each Category Financing and the percentages of expenditures for items to be financed in each Category: Category Loan Amount Allocated (expressed in SDR) 1. Civil works 2 900 I. Work Infrastructure Works 37 400 000 100% 227% II. Equipment & material III. Good, services & input Equipment, Vehicles, Machinery and materials 3 010 Packaging Services - Training, Monitoring, and Innovation & recurrent costs 2 700 000 1002 880 000 26% 3. Goods and services 2 520 000 10024% 4. Grants 6 200 000 100% 5. Salaries, allowances and operating costs 1 TOTAL 42 980 000 100% Unallocated 1 840 000 (b) The terms used in the Table above are defined as follows:

Appears in 1 contract

Sources: Negotiated Financing Agreement

Allocation of Loan Proceeds. (a) The Table below sets forth the Categories of Eligible Expenditures to be financed by the Loan and the allocation of the amounts of the Loan to each Category Category. All amounts are 100% net of taxes, Government contribution and the percentages of expenditures for items to be financed in each Categorybeneficiary contribution: Category Loan Amount Allocated (expressed in SDR) 1. Civil works 2 900 USD) I. Works 950 000 100% 2II. Equipment and materials 3 010 Material (including vehicles) 1 860 000 100% 3III. Goods and services 2 520 Consultancies 1 470 000 100% 4IV. Grants 6 200 and subsidies 4 050 000 100% 5. Salaries, allowances and operating costs V. Operating Cost 670 000 Unallocated (10%) 1 980 000 100% Unallocated 1 840 000 Total 10 000 000 (b) The terms used in the Table above are defined as follows:

Appears in 1 contract

Sources: Negotiated Financing Agreement