Risk Sharing Facility definition

Risk Sharing Facility means, individually, a risk sharing facility in respect of small and medium enterprise and / or microfinance institution loans originated and held by a Participating Bank financed or to be financed out of the proceeds of the Credit under Part B.5 of the Project; and “Risk Sharing Facilities” means, collectively, more than one (1) Risk Sharing Facility;
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Risk Sharing Facility and “RSF” each means the facility established or to be established to provide Partial Credit Guarantees to Participating Financial Intermediaries in local currency to be issued by IFC as an agent of the Recipient to cover losses in respect of portfolios of loans to SMEs, originated and held by Participating Financial Intermediaries; such partial credit guarantees to be provided pursuant to a Risk Sharing Agreement.
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Risk Sharing Facility or “RSF” means the risk sharing facility created and administered by or on behalf of Guangdong Province for the purposes of the sharing of risk over a portfolio or individual loans for Food Safety Sub-projects originated and held by PFIs.
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Examples of Risk Sharing Facility in a sentence

  • In addition, GoCI will entrust IFC to open and maintain on its behalf an account (the Risk Sharing Facility Account) that will receive part of the proceeds of the credit and will be used to make payments under the RSF (in accordance with the terms and conditions established in the Risk Sharing Facility Framework Agreement).

  • However, for some investments possible under the Risk Sharing Facility, there are specific industry sector guidelines that also would apply in addition to the General EHSG.

  • FMO launches First Risk Sharing Facility for Syrian Refugees in Jordan.

  • The approved projects include: (i) USD 20 million for proposal (FP028) titled “Business Loan Programme for GHG Emissions Reduction” submitted by Mongolia-based XacBank to which GCF has disbursed its total commitment of USD 20 million; and (ii) another USD 20 million for proposal (FP048) titled “Climate-Smart Agriculture (CSA) Risk Sharing Facility for MSMEs” submitted by the Inter-American Development Bank to be implemented in Guatemala and Mexico.

  • The Recipient shall, for the purposes of Risk Sharing Facilities, establish and maintain, in a financial institution acceptable to the Association, on terms and conditions satisfactory to the Association, and entrust the Risk Sharing Facility Agent to manage, on behalf of the Recipient, the Risk Sharing Facility Account.

  • Beneficiary SMEs of line of credit (Component 1) and Risk Sharing Facility (Component 2) are expected to engage in diverse types of activities, some of which may have some negative environmental and/or social impacts and risks.

  • To this end, the Recipient shall carry out the Project through the Ministry of Finance and Planning, using the services of the Risk Sharing Facility Agent with respect to Part 1(b) of the Project, in accordance with the provisions of Article IV of the General Conditions.

  • Components involving commercial lending instruments (Financial Intermediation), i.e. the Line of Credit (LoC) for financing microfinance enterprises (component 3(a)) and Risk Sharing Facility (RSF) that would provide support to private sector financial institutions in the form of a partial credit guarantee of their loans to private sector SMEs (Component 3(b)-Activity 1).

  • The Recipient shall adopt a Risk Sharing Facility Operations Manual, in form and substance satisfactory to the Association, setting out implementation, organizational, administrative, monitoring and evaluation, environmental and social monitoring and mitigation, financial management, and disbursement arrangements for purposes of the management and operations of Risk Sharing Facilities.

  • Component 2: Partial Portfolio Risk Sharing Facility (PRSF), offering a fee-based partial credit guarantee to share part of the credit risk in MSME credits from eligible Participating Financial Intermediaries (PFIs).

Related to Risk Sharing Facility

  • Infrastructure facility means a building; structure; or networks of buildings, structures, pipes, controls, and equipment, or portion thereof, that provide transportation, utilities, public education, or public safety services. Included are government office buildings; public schools; courthouses; jails; prisons; water treatment plants, distribution systems, and pumping stations; wastewater treatment plants, collection systems, and pumping stations; solid waste disposal plants, incinerators, landfills, and related facilities; public roads and streets; highways; public parking facilities; public transportation systems, terminals, and rolling stock; rail, air, and water port structures, terminals, and equipment.

  • Tanning facility means a place that provides access to tanning devices for compensation.

  • Risk Participation Liability means, as to each Letter of Credit, all reimbursement obligations of Borrowers to the Issuing Lender with respect to an L/C Undertaking, consisting of (a) the amount available to be drawn or which may become available to be drawn, (b) all amounts that have been paid by the Issuing Lender to the Underlying Issuer to the extent not reimbursed by Borrowers, whether by the making of an Advance or otherwise, and (c) all accrued and unpaid interest, fees, and expenses payable with respect thereto.

  • Clean coal SNG facility means a facility that uses a

  • Resource recovery facility means a solid waste facility

  • Recycling Facility means equipment used by a trade or business solely for recycling:

  • Vending facility means automatic vending machines, cafeterias, snack bars, cart service, shelters, counters, and such other appropriate auxiliary equipment which may be operated by licensed managers and which is necessary for the sale of newspapers, periodicals, confections, tobacco products, foods, beverages, and other articles or services dispensed automatically or manually and prepared on or off the premises in accordance with all applicable health laws and including the vending or exchange of chances for any lottery authorized by State Law and conducted by an agency of a State within such State. [CFR 34, Part 395.1(X)]

  • Dry cleaning facility means an establishment with one or more dry cleaning systems.

  • Outsourcing facility means a facility that is engaged in the compounding of sterile drugs and is currently registered as an outsourcing facility with the U.S. Secretary of Health and Human Services and that complies with all applicable requirements of federal and state law, including the Federal Food, Drug, and Cosmetic Act.

  • 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.

  • Transfer facility means any transportation related facility including loading docks, parking areas, storage areas and other similar areas where shipments of hazardous waste are held during the normal course of transportation.

  • Waste load allocation means (i) the water quality-based annual mass load of total nitrogen or

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

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

  • Wastewater collection system means the sewer and pumping system used for the collection and conveyance of domestic, commercial and industrial wastewater; and

  • 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;

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

  • Cannabis processing facility means a person that:

  • nuclear facility means, except as otherwise agreed to by the Underwriter, any of the following, provided that Nuclear Material is contained therein or being used therewith or Nuclear Material is present at the site where the same is located:

  • Qualified incubator facility means a commercial building

  • Facility Production Limit means the production limit placed on the main product(s) or raw materials used by the Facility that represents the design capacity of the Facility and assists in the definition of the operations approved by the Director.

  • Transit-oriented facility means a facility that houses a transit station in a manner that promotes transit ridership or passenger rail use.

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

  • Shopping credit means an amount deducted from the bill of an

  • Triage facility means a short-term facility or a portion

  • Train Loading Infrastructure means conveyors, stockpile areas, blending and screening facilities, stackers, re‑claimers and other infrastructure reasonably required for the loading of iron ore, freight goods or other products onto the relevant Railway for transport (directly or indirectly) to a loading port; and