Executing Entities definition
Examples of Executing Entities in a sentence
In order to assist the State and the Executing Entities in carrying out the Project, the State shall employ and cause the Executing Entities to employ consultants whose qualifications, experience and terms and conditions of employment shall be satisfactory to the Bank.
If the Accredited Entity is not the Executing Entity, the Accredited Entity shall make available to the Fund, in accordance with its policies and procedures, copies of all financial statements and annual audited reports of the Funded Activity received by the Accredited Entity from Executing Entities pursuant to the relevant Subsidiary Agreement, which shall not be later than six (6) months after the end of the Executing Entity’s fiscal year.
The Accredited Entity shall make available to the Fund, in accordance with its Policy on Access to Information, copies of all audited financial statements of the Funded Activity received by the Accredited Entity from Executing Entities pursuant to the relevant Subsidiary Agreement, promptly after its receipt of such copies.
Except as the Bank shall otherwise agree, procurement of the goods and works required for the Project and to be financed out of the proceeds of the Loan and the employment of consultants to assist the State and the Executing Entities in carrying out the Project shall be governed by the provisions of Schedule 2 to this Agreement.
In the case of acquisitions, loans or mortgage purchases that occurred prior to the execution of the Agreement, such disclosure shall be made within ten days after execution of the Agreement.
In order to assist the Borrower and the Executing Entities in the carrying out of the Project, the Borrower and the Executing Entities shall employ consultants whose qualifications, experience and terms and conditions of employment shall be satisfactory to the Bank.
The Additional Event of Acceleration consists of the following: The event specified in Section 4.01 of this Agreement occurs for all Executing Entities and is continuing for a period of 60 days after notice of the event for the last of the affected Executing Entities has been given by the Bank to the Borrower.
Except as the Bank shall otherwise agree, procurement of the goods and works required for the State Project and to be financed out of the proceeds of the Loan and the employment of consultants to assist the State and the Executing Entities in carrying out the State Project shall be governed by the provisions of Schedule 2 to this Agreement.