Part A of the Project. The Borrower shall maintain arrangements, satisfactory to the Administrator, pursuant to which the Borrower shall: (a) select Beneficiaries, approve Sub-projects, make Sub-project Grants and otherwise carry out its activities under Part A of the Project in accordance with the terms, conditions, procedures, criteria and other details set forth in the Operational Manual; and (b) adopt procedures, satisfactory to the Administrator, to (i) monitor against specific outcome indicators agreed with the Administrator, the carrying out by Beneficiaries of Sub-projects and the achievement of the objectives of Part A of the Project; and (ii) prepare for inclusion in the reports referred to in paragraph A.2 (b) of this Schedule, all information required to assess the progress of Part A of the Project and the achievement of its objectives. 1. For the purposes of this Schedule:
Appears in 2 contracts
Sources: Trust Fund Credit Agreement, Trust Fund Credit Agreement