MFI Facility definition

MFI Facility means, at any date, a single credit facility of the Company and/or one or more Guarantors under which a Permitted Multilateral Financial Institution is the lender of record and which shall have an initial Weighted Average Life to Maturity of at least two years and an initial aggregate Principal of at least $75,000,000, which may include other financial institutions as lenders and which may be guaranteed by one or more Guarantors.
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Examples of MFI Facility in a sentence

  • The Union recognizes its responsibility as bargaining agent and agrees to represent all employees in the bargaining unit fairly and without discrimination, interference, restraint or coercion.

  • ADB’s establishment of this MFI Facility will make a direct contribution to private sector development through encouraging such mechanisms as (i) enhanced disclosure and accounting standards at MFIs, (ii) better matches of assets and liabilities (as described above) at individual institutions, and (iii) an increased share of private- sector financial institutions in the total assets of the financial sector.

  • No-objection letters will be obtained in each DMC as a condition to ADB financing under the MFI Facility.

  • Taking into account the prime location of the Parkwell Services Properties located in the city centre of the city of Melaka, the Company believes that the acquisition of Parkwell Services could generate stable cashflow and income to the Company and may enjoy potential capital appreciation in the future.

  • I submit for your approval the following report and recommendation for proposed loans and guarantees (the MFI Facility), in the aggregate not exceeding $20 million, to microfinance institutions (MFIs) and small-business banks in Asian Development Bank (ADB) developing member countries (DMCs).

  • In addition, Sirtex relied upon the letters from Professor Schreuder to Dr Gray on 17 June 1999, 7 October 1999 and 9 November 1999 as well as Dr Gray’s letters to Professor Schreuder dated 28 June 1999, 16 July 1999 and 17 November 1999.

  • The People’s Republic of China, India, Kazakhstan, Malaysia, and Viet Nam are not considered as eligible for the MFI Facility due to (i) ADB’s large private-sector presence in the financial sector in those countries, and (ii) the degree of development of the financial sectors in those countries.

  • ADB’s funding of the MFI Facility will promote development at several levels.

  • The State will assess risk factors that may initially exist within a given procurement and that may develop over the course of a procurement process as facts become known.

  • In allocating the8 MFI Facility, ADB will construct a portfolio of 6–10 institutions, each of which will receive between $1 million and $5 million in financing.

Related to MFI Facility

  • LNG facility means a terminal which is used for the liquefaction of natural gas or the importation, offloading, and re-gasification of LNG, and includes ancillary services and temporary storage necessary for the re-gasification process and subsequent delivery to the transmission system, but does not include any part of LNG terminals used for storage;

  • Facility means any real property (including all buildings, fixtures or other improvements located thereon) now, hereafter or heretofore owned, leased, operated or used by Holdings or any of its Subsidiaries or any of their respective predecessors or Affiliates.

  • New Facility means a property previously undeveloped which is placed into service by means other than or in conjunction with expansion or modernization.

  • Onshore facility means any facility any part of which is located in, on, or under any land of the state, other than submerged land, that because of its location, could reasonably be expected to cause substantial harm to the environment by discharging oil into or on the navigable waters of the state or the adjoining shorelines.

  • Off-site facility means a structural BMP located outside the subject property boundary described in the permit application for land development activity.

  • Existing Facility means a facility in existence on any given date, newly constructed or altered.

  • L/C Facility means the letter of credit facility established pursuant to Article III.

  • Production facility means a facility in California at which gasoline or CARBOB is produced. Upon request of a producer, the executive officer may designate, as part of the producer's production facility, a physically separate bulk storage facility which (A) is owned or leased by the producer, and (B) is operated by or at the direction of the producer, and (C) is not used to store or distribute gasoline or CARBOB that is not supplied from the production facility.

  • Facility Site shall have the meaning set forth in the recitals to the Facility Site Lease.

  • On-site facility means a structural BMP located within the subject property boundary described in the permit application for land development activity.

  • Revolver Facility means the credit facility as described in and subject to the limitations set forth in Section 2.01.

  • generation facility means a facility for generating electricity or providing ancillary services, other than ancillary services provided by a transmitter or distributor through the operation of a transmission or distribution system, and includes any structures, equipment or other things used for that purpose;

  • Test Facility means any WRAS suitably accredited test laboratory;

  • Refinancing Facility has the meaning specified in Section 2.16(a).

  • Processing facility means an establishment that prepares, treats, or converts tangible personal property into finished goods or another form of tangible personal property. The term includes a business engaged in processing agricultural, aquacultural, or maricultural products and specifically includes meat, poultry, and any other variety of food processing operations. It does not include an establishment in which retail sales of tangible personal property are made to retail customers.

  • Replacement Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).

  • Storage Facility means a facility used for the stocking of natural gas and owned and/or operated by a natural gas undertaking, including the part of LNG facilities used for storage but excluding the portion used for production operations, and excluding facilities reserved exclusively for transmission system operators in carrying out their functions;

  • Cogeneration facility means a power plant in which the heat or steam is also used for industrial or commercial heating or cooling purposes and that meets Federal Energy Regulatory Commission standards for qualifying facilities under the Public Utility Regulatory Policies Act of 1978 (16

  • Major facility means any facility or activity classified as such by the regional administrator in conjunction with the board.