Common use of The Implementing Entity Clause in Contracts

The Implementing Entity. (i) undertakes to use reasonable efforts, consistent with its standard practices and procedures, including those pertaining to combating financing for terrorists, to ensure that the funds from the Grant funds provided to the Implementing Entity by the Trustee are used for their intended purposes and are not diverted to terrorists; (ii) shall not use the Grant funds for the purpose of any payment to persons or entities, or for the import of goods, if such payment or import is prohibited by a decision of the United Nations Security Council taken under Chapter VII of the Charter of the United Nations, including under United Nations Security Council Resolution 1373 and related resolutions; (iii) shall immediately inform the Board in the event the Grant funds are not being used or have not been used for the implementation of the Project or of any illegal or corrupt practice. The Implementing Entity consistent with its standard practices and procedures and integrity of the investigative process shall keep the Board informed of the progress of any formal investigation concerning the misuse of Grant funds and provide a final report to the Board on the findings of such investigation upon its conclusion; and (iv) shall include provisions corresponding to subparagraphs (i) - (ii) above in any agreements that the Implementing Entity enters into with Consultant(s) to which the Implementing Entity makes payments using Grant funds.

Appears in 4 contracts

Sources: Learning Grant Agreement, Learning Grant Agreement, Legal Agreement Template for Learning Grant

The Implementing Entity. (i) undertakes to use reasonable efforts, consistent with its standard practices and procedures, including those pertaining to combating financing for terrorists, to ensure that the funds from the Grant funds provided to the Implementing Entity by the Trustee are used for their intended purposes and are not diverted to terrorists; (ii) shall not use the Grant funds for the purpose of any payment to persons or entities, or for the import of goods, if such payment or import is prohibited by a decision of the United Nations Security Council taken under Chapter VII of the Charter of the United Nations, including under United Nations Security Council Resolution 1373 and related resolutions; (iii) shall immediately inform the Board in the event the Grant funds are not being used or have not been used for the implementation of the Project or of any illegal or corrupt practice. The Implementing Entity consistent with its standard practices and procedures and integrity of the investigative process shall keep the Board informed of the progress of any formal investigation concerning the misuse of Grant funds and provide a final report to the Board on the findings of such investigation upon its conclusion; and (iv) shall include provisions corresponding to subparagraphs (i) - (ii) above in any agreements that the Implementing Entity enters into with Consultant(s) Consultants to which the Implementing Entity makes payments using Grant funds.

Appears in 3 contracts

Sources: Formulation Assistance Grant Agreement, Formulation Assistance Grant Agreement, Formulation Assistance Grant Agreement

The Implementing Entity. (i) undertakes to use reasonable efforts, consistent with its standard practices and procedures, including those pertaining to combating financing for terrorists, to ensure that the funds from the Grant funds provided to the Implementing Entity by the Trustee are used for their intended purposes and are not diverted to terrorists; (ii) shall not use the Grant funds for the purpose of any payment to persons or entities, or for the import of goods, if such payment or import is prohibited by a decision of the United Nations Security Council taken under Chapter VII of the Charter of the United Nations, including under United Nations Security Council Resolution 1373 and related resolutions; (iii) shall immediately inform the Board in the event the Grant funds are not being used or have not been used for the implementation of the Project or of any illegal or corrupt practice. The Implementing Entity Entity, consistent with its standard practices and procedures and integrity of the investigative process process, shall keep the Board informed of the progress of any formal investigation concerning the misuse of Grant funds and provide a final report to the Board on the findings of such investigation upon its conclusion; and (iv) shall include provisions corresponding to subparagraphs (i) - (ii) above in any agreements that the Implementing Entity enters into with Consultant(s) Consultants to which the Implementing Entity makes payments using Grant funds.

Appears in 2 contracts

Sources: Technical Assistance Agreement, Technical Assistance Agreement

The Implementing Entity. (ia) undertakes to use reasonable efforts, consistent with its standard practices and proceduresthe Implementing Entity’s Regulatory Framework, including those pertaining to combating financing for terrorists, to ensure that the funds from the Grant funds provided to the Implementing Entity by the Trustee are used for their intended purposes and are not diverted to terrorists; (iib) shall not use the Grant funds for the purpose of any payment to persons or entities, or for the import of goods, if such payment or import is prohibited by a decision of the United Nations Security Council taken under Chapter VII of the Charter of the United Nations, including under United Nations Security Council Resolution 1373 and related resolutions; (iiic) shall immediately inform the Board in the event the Grant funds are not being used or have not been used for the implementation of the Project or of any illegal or corrupt practice. The Implementing Entity consistent with its standard practices and procedures the Implementing Entity’s Regulatory Framework and integrity of the investigative process shall keep the Board informed of the progress of any formal investigation concerning the misuse of Grant funds and provide a final report to the Board on the findings of such investigation upon its conclusion; and (ivd) shall include provisions corresponding to subparagraphs (ia) - (iib) above in any agreements that the Implementing Entity enters into with Consultant(s) executing entities to which the Implementing Entity makes payments using Grant fundsfunds available.

Appears in 1 contract

Sources: Adaptation Fund Agreement