CFA Franc definition

CFA Franc or “CFAF” means the currency of the Borrower;
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CFA Franc or “CFAF” means Franc de la Communauté Financière Africaine, the currency of the Recipient.
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CFA Franc means the currency of the Borrower;
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Examples of CFA Franc in a sentence

  • In order to protect itself against risk of loss resulting from changes in the rates of exchange between the currencies (including the CFA Franc) used in its lending and borrowing operations, the Borrower shall charge a foreign exchange risk fee of two and two-fifths percent (2-2/5%) per annum on the principal amount of its loans outstanding from time to time.

  • The legal monetary unit of the member States of the Union shall be the Franc of the Communauté Financière Africaine (African financial community), or CFA Franc.

  • Contractor’s contribution to the Hydrocarbon Support Fund is calculated on the basis of the Total Available Production equal to the C.F.A. Franc equivalent of US$ 0.05 per Barrel produced.

  • MCC will pay the reimbursement request in United States Dollars (USD) or in West African CFA Franc at MCC’s discretion.

  • Members share a common currency, the CFA Franc (pegged to the EURO), with a regional central bank in Dakar and a regional development bank in Lomé.


More Definitions of CFA Franc

CFA Franc means Franc de la Communauté Financière Africaine, the lawful currency of the Recipient and other members of the African Financial Community.
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CFA Franc means Franc de la Coopération Financière en Afrique Centrale, the currency of the Borrower;
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CFA Franc means a franc of the West African Monetary Union (UMOA).
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CFA Franc means Franc de la Communauté Financière Africaine, the currency of the Borrower;
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CFA Franc means the franc of the Central Africa Economic and Monetary Community (CEMAC), whose common central bank is the Bank of Central African States (BEAC).
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CFA Franc means the currency of the African Financial Community.
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CFA Franc or "CFAF" means the currency of the Grantee.
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