MIGA definition
Examples of MIGA in a sentence
Frauds on other third parties are not condoned but are not specifically sanctioned in IFC, MIGA, or PRG operations.
If necessary to replace any Senior Lender who does not want to participate in the Re-profiling, the parties agree that new B Loans and/or MIGA Loans may be obtained by OT LLC from existing or new Senior Lenders to replace existing B Loans and/or MIGA Loans, provided that the aggregate principal amount of B Loans and MIGA Loans is not increased above those principal amounts for B Loans and MIGA Loans set out in Schedule F.
If necessary in accordance with the foregoing, RTIHL shall cause the Rio Tinto Manager to undertake such negotiations and discussions regarding the replacement B Loans and/or MIGA Loans as contemplated by Sections 7 and 8.
The Guarantee Holder may submit a request for payment of a Provisional Payment to MIGA pursuant to Section 6.2 of the General Conditions any time after initiating arbitral or judicial proceedings against the Host Government.
No provision of the Contract may be amended, modified, supplemented, or waived except in a written agreement executed by authorized representatives of the Guarantee Holder and MIGA.
The Guarantee Holder may terminate the Contract on any anniversary of the Effective Date by submitting to MIGA a Notice of Termination at least 30 days prior to such anniversary of the Effective Date.
MIGA shall pay Interest at LIBOR on any amount of compensation determined to be due but not paid at the end of such 30-day period, such liability being in lieu of any other liability as a result of such late payment.
Such presumption may not be challenged by either MIGA or the Guarantee Holder.
For purposes of this Agreement, any reference to the Re-profiling includes any replacement B Loans and/or MIGA Loans pursuant to this Section 6.
Pursuant to General Conditions of Guarantee for Equity Investments prior written consent of MIGA will be required in connection with the transactions contemplated by the Agreement.