Eligible Enterprise definition
Examples of Eligible Enterprise in a sentence
The Recipient shall have the right to suspend or terminate the right of the REA Eligible Enterprise to use the proceeds of the REA Subgrant, and to obtain a refund of all or any part of the amount of the REA Subgrant then withdrawn, as the case may be, upon the REA Eligible Enterprise’s failure to perform any of its obligations under the REA Subgrant Agreement.
If you are an Eligible Enterprise, you have the legal right to cancel the agreement within 14 business days of the date of entering into this Agreement if this Agreement was entered into by mail or by telephone or within three business days if it was entered into in any other manner, by providing written notice to the Bank.
Sub loans may be made for a term of up to ten years and may not include a grace period, such term not to exceed the period during which the proceeds of the Subloan remain invested by the Eligible Enterprise in one or more Leasing Sub-projects.