IFARHU definition

IFARHU means Instituto para la Formación y Aprovechamiento de Recursos Humanos, the Borrower’s Institute for Human Resources Development, established pursuant to Decree No.1, published in the Borrower’s Official Gazette of January 12, 1965;
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Examples of IFARHU in a sentence

  • The Additional Event of Acceleration consists of the following, namely, that the event specified in Section 4.01 of this Agreement occurs in respect of any provision of the IFARHU Agreement and is continuing for a period of 60 days after notice of the event has been given by the Bank to the Borrower.

  • The Additional Event of Suspension consists of the following, namely, that the agreement satisfactory to the Bank (the IFARHU Agreement), entered into between IFARHU and MEDUCA, acting on behalf of the Borrower, shall have been amended, suspended, abrogated, repealed or waived so as to affect materially and adversely the ability of IFARHU to perform any of its obligations under the Project.

  • Except as the Bank shall otherwise agree, the Borrower shall not thenceforward assign, amend, abrogate, waive or fail to enforce the IFARHU Agreement or any of its provisions.