Subsidiary Agreements. 1. To facilitate the carrying out of the Project, the Recipient shall make a portion of the proceeds of the Financing available to each Participating State under a Subsidiary Agreement entered into between the Recipient and the Participating State, under terms and conditions which shall have been approved by the Association.
Appears in 3 contracts
Samples: Financing Agreement, Financing Agreement, Financing Agreement
Subsidiary Agreements. 1. To facilitate the carrying out of the Project, the Recipient shall make a portion parts of the proceeds of the Financing available to each the Participating State States under a Subsidiary Agreement entered into subsidiary agreements between the Recipient and the Participating State, under terms and conditions which shall have been approved by the Association.
Appears in 2 contracts
Samples: Financing Agreement, Financing Agreement
Subsidiary Agreements. 1. To facilitate the carrying out of Part 2 of the Project, the Recipient shall make a portion part of the proceeds of the Financing Credit available to each Participating State the Federation under a Subsidiary Agreement entered into subsidiary agreement between the Recipient and the Participating StateFederation (“Federation Subsidiary Agreement”), under terms and conditions which shall have been approved by the Association., which shall include the following:
Appears in 2 contracts
Samples: Financing Agreement, Financing Agreement
Subsidiary Agreements. 1. To facilitate the carrying out of the Project, the Recipient shall make a portion of the proceeds of the Financing available to each Participating State the Project Implementing Entities under a Subsidiary Agreement entered into subsidiary agreements between the Recipient and the Participating StateProject Implementing Entities, under terms and conditions which shall have been approved by the Association.Association (“Subsidiary Agreements”), which shall include for SOGEM, on-lending terms including an interest rate of
Appears in 1 contract
Samples: Financing Agreement
Subsidiary Agreements. 1. To facilitate the carrying out of Part 1 of the Project, the Recipient shall make a portion part of the proceeds of the Financing Credit available to each Participating State the Federation under a Subsidiary Agreement entered into subsidiary agreement between the Recipient and the Participating StateFederation (“Federation Subsidiary Agreement”), under terms and conditions which shall have been approved by the Association., which shall include the following:
Appears in 1 contract
Samples: Financing Agreement
Subsidiary Agreements. 1. To facilitate the carrying out of Part A of the Project, the Recipient shall make a portion part of the proceeds of the Financing Credit available to each Participating State the Federation under a Subsidiary Agreement entered into subsidiary agreement between the Recipient and the Participating StateFederation (“Federation Subsidiary Agreement”), under terms and conditions which shall have been approved by the Association., which shall include the following:
Appears in 1 contract
Samples: Financing Agreement
Subsidiary Agreements. 1. To facilitate the carrying out of the Project, the Recipient shall make a portion of the proceeds of the Financing available to each the Participating State States under a Subsidiary Agreement entered into Agreements between the Recipient and the Participating StateStates, under terms and conditions which shall have been approved by the Association.
Appears in 1 contract
Samples: Financing Agreement