Funding Partners. If the Applicant has sought, been approved for, or obtained, funding or grants for the Project from any third- party funding agencies, then such funding and agencies shall, to the extent known prior to submitting the Application, be described in the Application, and to the extent known prior to the Effective Date, be described in this Investment Agreement and in the Workbook (if there is a Workbook for the Project on the Portal). Funding agencies that have entered written commitments with the Applicant to fund, or have actually funded, the Project shall be deemed to be Funding Partners under this Investment Agreement. The Applicant shall promptly provide Notice to Alberta Innovates of any changes in funding or any new funding it receives from such Funding Partners, Including any default under or termination of such funding arrangements. In addition, if Alberta Innovates anticipates receiving, or has obtained, funding for some or all of the Investment from a third-party funding agency, then Alberta Innovates shall provide Notice to the Applicant identifying such third party, or shall identify such third party in the Program Guide, Schedule A or Schedule B. Funding agencies that have entered written commitments with Alberta Innovates to fund, or have actually funded, Alberta Innovates with amounts that will that will form any part of the Investment shall be deemed to be Funding Partners. For clarity, the addition of a Funding Partner does not change the rights and obligations set out in this Investment Agreement.
Funding Partners. (a) The Municipalities, in collaboration with the Department of Municipal Affairs and Housing, shall provide the Western REN with an Annual Outcome Agreement by January of each fiscal year, for use in the forthcoming fiscal year.
Funding Partners. If the GoI does not have the financial capacity to bear the whole cost of the national solar energy program, it will have to mobilize funding partners. Responsibilities of funding partners: ▪ Under scenario 1 (IDCOL financial model), contribute to a special wholesale revolving fund for MFIs that offer REN credits: o By providing soft loans and grants o Through a long term, reliable commitment. ▪ Under scenario 1 also, mobilize guarantee funds for MFIs that offer solar energy credits if needed. If getting access to subsidized credit lines is not a sufficient incentive for MFIs to launch new solar energy loans, funding partners may further encourage MFIs by providing guarantees that will mitigate the credit risk. ▪ Under scenario 2 (pay-for-service model), contribute to the investment costs of systems’ installation in remote, poor, rural areas. ▪ If needed, contribute to the financing of capacity-building activities for supporting GoI in developing and implementing its national solar energy program. What funding partners? ▪ Donors with relevant funding assistance programs (for microfinance, rural electrification, renewable energy, etc.), such as the Asian Development Bank or the European Commission. These donors should be able to commit to a medium or long term contribution. ▪ Commercial banks ▪ State banks ▪ Provincial development banks ▪ Carbon credits under the Clean Development Mechanism (CDM) of the United Nations or on the voluntary market (Gold Standard). This option has not been explored in Bangladesh at the national level while some players have applied individually. It could eventually provide a more stable and sustainable source of funding to the program, once the complexity of the carbon credit application has been overcome. ▪ Guarantee funds such as ASCRINDO
Funding Partners. The Local Authority Funding Partners will be responsible for:
Funding Partners. 2.1 Canterbury Regional Council (“ECan”), a regional authority constituted under the Local Government Act 2002 and an approved organisation under the Land Transport Management Xxx 0000.
Funding Partners. The governments of all jurisdictions providing core funding to the AWGIC are permitted to use the official logo for non-commercial purposes.
Funding Partners. Österreichische Forschungsförderungsgesellschaft mbH (Austrian Research Promotion Agency) Xxxxxxxxxxx 0,0000 Xxxx, Xxxxxxx Land Oberösterreich (Province of Upper Austria) provincial government representative Vice-Governor Mag. Dr. Xxxxxxx Xxxxxx, MBA Xxxxxxxx 00, 0000 Xxxx, Xxxxxxx
