Credit Policy Guidelines definition

Credit Policy Guidelines means the guidelines regulating the provision of credit by financial institutions in the Guarantor’s territory, issued by the Central Bank of the Guarantor and summarized in the Note dated May 31, 1991, prepared by the Professional Association of Moroccan Banks of which the Borrower is a member;

Credit Policy Guidelines means the guidelines regulating the provision of credit by financial institutions in the Guarantor’s territory, referred to in (i) the Note dated May 31, 1991, prepared by the Professional Association of Moroccan Banks of which the Borrower is a member, (ii) the Orders (Arrcte) dated January 13, 1992, October 22, 1992 and December 22, 1992, issued by the Guarantor’s Minister of Finance relating, respectively, to the setting of interest rates, the maximum risk allocation ratio and the minimum solvency ratio, (iii) related Regulatory Decisions No. 95 and No. 96, both dated December 25, 1992, issued by the Guarantor’s Central Bank and (iv) Note No. 408/91 dated June 14, 1991 issued by the Guarantor’s Central Bank relating to loans in arrears;

Credit Policy Guidelines means the guidelines regula- ting the provision of credit by financial institutions in the Hungarian People’s Republic as established by Resolution No. 1074 of 1987, of the Council of Ministers of the Guarantor; and

Examples of Credit Policy Guidelines in a sentence

• Major areas of focus are General Credit Policy Guidelines, Exercise of Lending Authority, Credit Review Process, Credit Risk Rating and Classification System, among others.

• Pursuant to Section 6.02 (k) of the General Conditions, the following additional event is specified, namely, that the Basic Law or the Credit Policy Guidelines shall have been amended, suspended, abrogated, repealed or waived so as to affect materially and adversely the ability of the Borrower to perform any of its obligations under this Agreement.

• All amounts to be so credited to the said separate account shall be utilized by the Participating Bank, to the extent they are not yet required to meet the Participating Bank’s payment obligations to the Borrower under its Subsidiary Loan Agreement, exclusively to finance projects similar to Sub-projects in accordance with the Credit Policy Guidelines.

• Pursuant to Section 6.02 (k) of the General Conditions, the following additional event is specified, namely, that the Statutes or the Statement of Policy or the Credit Policy Guidelines shall have been amended, suspended, abrogated, repealed or waived so as to affect materially and adversely the operations or the financial condition of the Borrower or its ability to carry out the Project or to perform any of its obligations under this Agreement.

• The Subsidiary Loan shall be charged on the principal amount thereof withdrawn and outstanding from time to time interest at a rate of not less than the refinancing rate charged from time to time by the Borrower pursuant to the Credit Policy Guidelines.

More Definitions of Credit Policy Guidelines

Credit Policy Guidelines means the guidelines regulating the provision of credit by the Borrower, dated January 1989, as the same may be amended from time to time;

Credit Policy Guidelines means the guidelines regulat- ing the provisions of credit by financial institutions in the Hungarian People’s Republic as established by Resolution No. 1082 of 1986, of the Council of Ministers of the Guarantor;

Credit Policy Guidelines means the Monetary and Credit Policy Guidelines regulating the provision of credit by the Borrower, established by Resolution No. 1166/1989 dated December 28, 1989, of the Council of Ministers of the Guarantor;

Credit Policy Guidelines means the Monetary and Credit Policy Guidelines, regulating the provisions of credit by the Borrower and other financial institutions in the Hungarian People’s Republic, established by Resolution No. 1115 of 1988 (XII.24.) of the Council of Ministers of the Guarantor.

Credit Policy Guidelines means the Borrower’s credit policy guidelines dated May 15, 1989, as amended to the date of this Agreement;

Credit Policy Guidelines means the Monetary and Credit Policy Guidelines regulating the provision of credit by the Borrower, established by Resolution No. 1166/1989 dated December 28, 1989, of the Council of Ministers of the Guarantor.

Credit Policy Guidelines means Housing Loans (Credit Policy) Guidelines 2021 made under section 5 of the Act of 2009;