Common use of Utilization of the Resources of the Loan Clause in Contracts

Utilization of the Resources of the Loan. The resources of the Loan may only be used to pay expenses that: (i) are necessary for the Project and are in accordance with its objectives; (ii) are carried out in accordance with the provisions of this Contract and Bank policies;

Utilization of the Resources of the Loan. The resources of the Loan may only be used to pay expenses that: (i) are necessary for the Project Program and are in accordance with its objectives; (ii) are carried out in accordance with the provisions of this Contract and Bank policies;