ADBN definition

ADBN means the Agricultural Development Bank of Nepal, a development bank wholly owned by the Borrower, established and operating pursuant to the Agricultural Development Bank Act, 2024 (1967) of the Borrower, as amended to the date of this Agreement;
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Examples of ADBN in a sentence

  • The ADBN Parties shall cause shares of common stock of the Company to be issued to the RP Parties equal to an aggregate of 5% of the restructured Company (after taking into account any stock split, reverse stock split, stock dividend, conversion of outstanding debt into stock, payment of liabilities with stock in lieu of cash, and exercise of any outstanding options, warrants, or other convertible securities and agreements for the issuance of additional shares of stock).

  • ADBL shall have issued a notice to offer its shares to the small shareholders of ADBN.

  • The Borrower shall cause ADBN, for purposes of Part B of the Project, to provide adequate credit to the Farmer Irrigation Associations.

  • A Source: ANZDEC (2002), and statistics maintained in MoAC and ADBN.

  • In order to assist the Borrower in carrying out the Project, the Borrower shall, and shall cause MIDB, ADBN and the departments and agencies of the Borrower responsible for carrying out the Project or any Part thereof to, employ consultants whose qualifications, experience and terms and conditions of employment shall be satisfactory to the Association.