Criteria Memorandum Sample Clauses

Criteria Memorandum. 2.2.1 FMO undertakes towards the State to test the funding it proposes to provide against the criteria (the Criteria) established and set out in the criteria memorandum (the Criteria Memorandum). FMO shall make all reasonable efforts to ensure that all funding it provides complies with the Criteria Note at the time of the investment decision.
Sample 1
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Criteria Memorandum. 1 INTRODUCTION The starting point for FMO's financing policy is the statutory objective that is therefore quoted here: “The aim of the company is to contribute to the development of business in developing countries in the interest of the economic and social progress of these countries, this in accordance with the intention of the governments of the respective countries and with Dutch government policy with regard to development cooperation.” FMO, the Ministry of Finance and the Ministry of Foreign Affairs propose a number of policy principles and criteria that, after approval by the Supervisory Board, serve as a guideline in the identification, choice and implementation of FMO's services. These policy principles and criteria respond to the current policy with regard to the Dutch development cooperation. Adjustment of these criteria to changing circumstances takes place among others on the basis of periodic (semi-annual) policy meetings between the ministries of Finance and Foreign Affairs and FMO. These policy principles and criteria are included below under points 2 to 8.
Sample 1

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