Common use of Midterm Review Clause in Contracts

Midterm Review. 1. The Recipient shall carry out, jointly with the Bank, not later than April 30, 2007, a comprehensive midterm review aimed at: (a) documenting progress toward achieving the Project objectives; (b) identifying and resolving obstacles to Project implementation; (c) adjusting, in agreement with the Bank, targets and corresponding programs to reflect progress achieved in the implementation of the Project as of the date of the review; and (d) an overall evaluation of the Project against the indicators set forth in Schedule 5 to this Agreement. 2. The Recipient shall not later than four weeks prior to the midterm review referred to in paragraph C.1 above, furnish to the Bank a midterm report, in such detail as the Bank shall reasonably request, including an evaluation of the progress achieved in the Project implementation. 3. Promptly after completing the midterm review, the Recipient shall take all measures required to fulfill the recommendations arising out of said review for the efficient completion of the Project and the achievement of the objectives thereof, with due diligence and efficiency and in accordance with appropriate practices, taking into account the Bank’s comments thereon.

Appears in 1 contract

Sources: Trust Fund Grant Agreement

Midterm Review. 1. The Recipient Borrower shall carry out, jointly with the BankAssociation, not later than April 30, 2007, a comprehensive midterm review aimed at: (a) documenting progress toward achieving the Project objectives; (b) identifying and resolving obstacles to Project implementation; (c) adjusting, in agreement with the BankAssociation, targets and corresponding programs to reflect progress achieved in the implementation of the Project as of the date of the review; and (d) an overall evaluation of the Project against the indicators set forth in Schedule 5 to this Agreement. 2. The Recipient Borrower shall not later than four weeks prior to the midterm review referred to in paragraph C.1 F.1 above, furnish to the Bank Association a midterm report, in such detail as the Bank Association shall reasonably request, including an evaluation of the progress achieved in the Project implementation. 3. Promptly after completing the midterm review, the Recipient Borrower shall take all measures required to fulfill the recommendations arising out of said review for the efficient completion of the Project and the achievement of the objectives thereof, with due diligence and efficiency and in accordance with appropriate practices, taking into account the BankAssociation’s comments thereon.

Appears in 1 contract

Sources: Development Credit Agreement

Midterm Review. 1. The Recipient Borrower shall carry out, jointly with the BankAssociation, not later than April 30, 2007, 30 months after the Effective Date a comprehensive midterm review aimed at: (a) documenting progress toward achieving the Project objectives; (b) identifying and resolving obstacles to Project implementation; (c) adjusting, in agreement with the BankAssociation, targets and corresponding programs to reflect progress achieved in the implementation of the Project as of the date of the review; and (d) an overall evaluation of the Project against the indicators set forth in Schedule 5 to this Agreement. 2. The Recipient Borrower shall not later than four weeks prior to the midterm review referred to in paragraph C.1 above, furnish to the Bank Association a midterm report, in such detail as the Bank Association shall reasonably request, including an evaluation of the progress achieved in the Project implementation. 3. Promptly after completing the midterm review, the Recipient Borrower shall take all measures required to fulfill the recommendations arising out of said review for the efficient completion of the Project and the achievement of the objectives thereof, with due diligence and efficiency and in accordance with appropriate practices, taking into account the BankAssociation’s comments thereon.

Appears in 1 contract

Sources: Development Credit Agreement

Midterm Review. 1. The Recipient Borrower shall carry out, jointly with the BankAssociation, not later than April 30, 2007, 30 months after the date of effectiveness of this Agreement a comprehensive midterm review aimed at: (a) documenting progress toward achieving the Project objectives; (b) identifying and resolving obstacles to Project implementation; (c) adjusting, in agreement with the BankAssociation, targets and corresponding programs to reflect progress achieved in the implementation of the Project as of the date of the review; and (d) an overall evaluation of the Project against the indicators set forth in Schedule 5 to this Agreement. 2. The Recipient Borrower shall not later than four weeks prior to the midterm review referred to in paragraph C.1 E.1 above, furnish to the Bank Association a midterm report, in such detail as the Bank Association shall reasonably request, including an evaluation of the progress achieved in the Project implementation. 3. Promptly after completing the midterm review, the Recipient Borrower shall take all measures required to fulfill the recommendations arising out of said review for the efficient completion of the Project and the achievement of the objectives thereof, with due diligence and efficiency and in accordance with appropriate practices, taking into account the BankAssociation’s comments thereon.

Appears in 1 contract

Sources: Development Credit Agreement