Examples of Risk sharing arrangement in a sentence
The Bank does not purchase doubtful receivables.5. The extent of risk bearing(i) Recourse arrangement: the Entitled Party of the receivables undertakes recourse in the case of the sold receivables in the event of the existence of the conditions specified in the framework contract.(ii) Risk sharing arrangement: the Entitled Party of the receivables and the Bank share the risk of the non- performance of the Obligor.
The Administering Authority reserves the right to change the level of fixed contribution in the event of a significant change in funding position or to the economic outlook, or a change in employer circumstances (e.g. a significant change in membership).Note (c) Risk sharing arrangement An Awarding Authority may enter into a ‘risk sharing’ arrangement with a participating employer (typically a contractor).
All the test results must be in compliance with Section 5 requirements.