Austrian Sample Clauses

Austrian concessional financing is offered as tied aid financing in the form of pre-mixed credits subject to a minimum concessionality requirement. The terms and conditions of the loans will be set in accordance with international obligations such as the "Arrangement on Officially Supported Export Credits" under the auspices of the OECD and the Debt Limits Framework of the IMF, as applicable. Accordingly, the concessionality level will be at least 35 % for tied aid credits. The terms and conditions for pre-mixed aid credits as per January 15, 2010 are shown in the Annex. Guarantee charges according to premia rules of the "Arrangement on Officially Supported Export Credits" under the auspices of the OECD will be reduced by 35 %. A further decrease of the reduced up front calculated guarantee charges will be allocated through additional grants for the respective terms and conditions. The eligibility of projects to be financed will be appraised taking into consideration the ex-ante guidance gained under the "Helsinki" tied aid disciplines, as well as applicable national allocation criteria. Based on experience and the ex-ante guidance the following projects/sectors which tend to be financially non viable are likely to be eligible for financing under official support: municipal water and sewage, traffic safety and transportation, education, health, social, telecommunication for a predominantly poor, rural household consumer base, non-hydro renewable energy and safety (such as municipal/local fire fighting and flood warning). The Contracting Parties note that the terms and conditions for tied aid credits may be subject to changes due to possible resettings of the discount rates under the auspices of the OECD and the IMF, as applicable, as well as subject to changes due to the OECD country risk classification.
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Austrian. Golf Course Includes land owned by MECG located in Ebreichsdorf, Austria which is leased to the operator of the Ebreichsdorf Golf Club and comprises a total area of approximately 220 acres.
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Austrian material law shall apply exclusively, under preclusion of those provisions leading to the applicability of a foreign law.
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