Subproject Agreements Sample Clauses

Subproject Agreements. 1. The Sponsoring Agencies selected to carry out the Subprojects shall promptly enter into Subproject Agreements with SIF, on terms and conditions satisfactory to the Association, pursuant to which SIF shall, inter alia, obtain rights adequate to protect the interests of the Association and SIF, including the rights of SIF to: (i) require the Sponsoring Agency to carry out and operate the Subproject with due diligence and efficiency and in accordance with sound technical, financial and managerial standards and to maintain adequate records; (ii) require that: (A) the goods, services and works to be financed out of the proceeds of the Credit shall be procured in accordance with Schedule 1 to this Agreement; and (B) such goods, services and works shall be used exclusively in the carrying out of the Subproject; (iii) inspect by itself or jointly with representatives of the Association, if the Association shall so request, such goods and the sites, works, plants and construction included in the Subproject, the operation thereof, and any relevant records and documents; (iv) obtain all such information as the Association shall reasonably request relating to the foregoing and to the administration, operations and financial condition of the Subproject and, if appropriate, to the benefits to be derived therefrom; and (v) suspend or terminate the right of the Sponsoring Agency to the use of the proceeds of the Credit upon failure by such Agency to perform its obligations under its Subproject Agreement with SIF. 2. SIF shall exercise its rights in relation to each Subproject in such manner as to: (i) protect the interests of the Borrower and the Association and its interests; (ii) comply with its obligations under the Subsidiary Administration Agreement; and (iii) achieve the purposes of the Project.
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Subproject Agreements. In financing the carrying out of a Subproject under Part B.1 (a) of the Project, MEPN shall enter into a Subproject Agreement with a Beneficiary.
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Subproject Agreements. For purposes of Subproject implementation, operation, and maintenance, the Recipient shall, through the MOIT, enter into a Subproject Agreement with the respective Provincial People’s Committee and the respective Local Electricity Utilities, in accordance with procedures and on terms and conditions acceptable to the Association and as set out in the MOIT Operational Manual for Renewable Energy, which shall include the following: a description of the Subproject, its budget, and the applicable performance indicators; the obligation of the respective Provincial People’s Committee and the respective Local Electricity Utilities to: (A) maintain a financial management system and prepare financial statements in accordance with consistently applied accounting standards acceptable to the Association, both in a manner adequate to reflect the operations, resources, and expenditures related to the Subproject; and (B) at the request of the Recipient, or the Association, have the records relating to the Subproject audited by independent auditors acceptable to the Association, in accordance with consistently applied auditing standards acceptable to the Association, and promptly furnish the records as so audited to the Recipient and the Association; the obligation of the respective Provincial People’s Committee and the respective Local Electricity Utilities to carry out the Subproject in accordance with the provisions of the Anti-Corruption Guidelines applicable to recipients of loan proceeds other than the Recipient; the obligation of the respective Provincial People’s Committee and the respective Local Electricity Utilities to carry out the Subproject in accordance with the provisions of: (i) the MOIT Operational Manual for Renewable Energy, including the Environmental Procedures, the Policy Framework for Compensation, Resettlement, and Rehabilitation of Project Affected Persons, and the Policy Framework for Ethnic Minorities Development Plan; (ii) any environmental impact assessment for the Subproject and any related mitigation measures; (iii) any resettlement action plan for the Subproject; and (iv) any ethnic minorities development plan for the Subproject, and to not, except as the Association shall otherwise agree in writing, assign, amend, abrogate, or waive, or permit to be assigned, amended, abrogated, or waived, the aforementioned, or any provision thereof; the right of the Recipient, through the MOIT, and of the Recipient in its own right, to obtain a refund of...
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Subproject Agreements. For purposes of Subproject implementation, operation, and maintenance, the Recipient shall, through the MOIT, enter into a Subproject Agreement with the respective Provincial People’s Committee and the respective Local Electricity Utilities, in accordance with procedures and on terms and conditions acceptable to the Association and as set out in the MOIT Operational Manual for Renewable Energy, which shall include the following:
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Subproject Agreements. 1. To facilitate the carrying out of the EFMS’ Respective Activities under the Project, the Recipient shall make the proceeds of the Financing allocated from time to time to Category (2) of the table set forth in Section III.1 of this Schedule available to the EFMS under the respective subproject agreement to be between the Recipient and each such EFMS, under terms and conditions approved by the Association (the “Subproject Agreement”). 2. The Recipient shall exercise its rights under the Subproject Agreement in such manner as to protect the interests of the Recipient and the Association and to accomplish the purposes of the Financing. Except as the Association shall otherwise agree, the Recipient shall not assign, amend, abrogate or waive the Subproject Agreement or any of its provisions. 3. In the event of any conflict between the provisions of the Subproject Agreements and those of this Agreement, the provisions of this Agreement shall govern.
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Related to Subproject Agreements

  • Project Agreements Provided that where the company commences work on a project where a site agreement exists to which the company is contractually obligated or where a site agreement exists between the union and the client or their agent that provides for higher rates of pay and conditions, the conditions contained in any such site agreement will take precedence over this Agreement for the duration of the project.

  • Project Agreement 1.1 If applicable, the Department will recommend approval of the project by the Federal Highway Administration. 1.2 The Sponsor agrees to comply with Title VI of the Civil Rights Act of 1964, 78 Stat. § 252, 42 U.S.C. § 2000d et seq., and all requirements imposed by or pursuant to Title 49, Code of Federal Regulations, Part 21 - “Nondiscrimination in federally assisted programs of the Department of Transportation - effectuation of Title VI of the Civil Rights Act 1964". 1.3 The DEPARTMENT and SPONSOR mutually recognize that each party is a governmental entity subject to the provisions of the Governmental Tort Claims Act (51 O.S. § 151 et seq.). The DEPARTMENT and SPONSOR hereby mutually agree that each is and may be held severally liable for any and all claims, demands, and suits in law or equity, of any nature whatsoever, paying for damages or otherwise, arising from any negligent act or omission of any of their respective employees, agents or contractors which may occur during the prosecution or performance of this Agreement to the extent provided in the Governmental Tort Claims Act. Each party agrees to severally bear all costs of investigation and defense of claims arising under the Governmental Tort Claims Act and any judgments which may be rendered in such cause to the limits provided by law. Nothing in this section shall be interpreted or construed to waive any legal defense which may be available to a party or any exemption, limitation or exception which may be provided by the Governmental Tort Claims Act. 1.4 The Sponsor understands that should it fail to fulfill its responsibilities under this Agreement, such a failure will disqualify the Sponsor from future Federal-aid funding participation on any proposed project. Federal-aid funds are to be withheld until such a time as an engineering staff, satisfactory to the Department has been properly established and functioning, the deficiencies in regulations have been corrected or the improvements to be constructed under this Agreement are brought to a satisfactory condition of maintenance.

  • Construction Contract Documents The Construction Contract Documents shall consist of the plans and specifications prepared by the Engineer, and any addenda and change orders thereto, and the Owner-Contractor Agreement, all of which shall be compatible and consistent with this Agreement.

  • Project Documents In addition to any other pertinent and necessary Project documents, the following documents shall be used in the development of the Project: A. TxDOT 2011 Texas Manual of Uniform Traffic Control Devices for Streets and Highways, including latest revisions B. Texas Department of Transportation's Standard Specifications for Construction of Highways, Streets, and Bridges, 2014 or 2024, as applicable and as amended

  • Project Documentation All documentation provided to the City other than Project drawings shall be furnished on a Microsoft compatible compact disc.