Common use of Use of Counterpart Funds Clause in Contracts

Use of Counterpart Funds. The Beneficiary shall ensure that the Counterpart Funds are used to finance the implementation of certain programs and activities consistent with the objectives of the Program.

Appears in 1 contract

Sources: Financing Agreement

Use of Counterpart Funds. The Beneficiary Recipient shall ensure that the Counterpart Funds counterpart funds are used to finance the implementation of certain programs and activities consistent with the objectives of the Program.

Appears in 1 contract

Sources: Grant Agreement

Use of Counterpart Funds. The Beneficiary shall ensure that the Counterpart Funds are shall be used to (a) finance expenditures for the implementation Beneficiary’s general development purposes; and (b) support the adjustment costs of certain programs reforms to be initiated and activities consistent with the objectives of implemented under the Program.

Appears in 1 contract

Sources: Financing Agreement