Soft Loan definition

Soft Loan means Authority-provided debt that serves as a Project Source and requires interest and principal payments at below-market rates.
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Soft Loan or “loan” means a loan or an advance of money made by the Corporation through an approved agent to a low income family in accordance with this Part and any Regulations made thereunder.
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Soft Loan shall have meaning ascribed in the Clause 6 of this agreement
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Examples of Soft Loan in a sentence

  • On March 3, 2021, The subsidiary company entered into the loan agreement in Baht currency with a local commercial bank from Soft Loan Scheme of Bank of Thailand to help customers affected by the pandemic of COVID-19 in the credit facility amount of Baht 20 million, which has been withdrawn amounting to Baht 20 million.

  • Financing agreement between the Ministry of Finance of the Palestinian National Authority, authorized by the Government of the Palestinian National Authority, and the Italian Agent Bank Cassa Depositi e Prestiti, designated by the Government of the Italian Republic to provide and manage the Soft Loan, including disbursements and collection of repayments.

  • The eligibility for support/financing under the Austrian Soft Loan Scheme is appraised case by case with due regard to applicable OECD disciplines for concessional financing and the Soft Loan Policy in force.

  • CONSEQUENCES OF TERMINATION OF THIS AGREEMENT On the expiry or termination (howsoever occurring) of this Agreement the City Council shall pay to the County Council, within 28 days of the date of termination or expiry, a sum representing that part the Soft Loan which has not been recovered by the County Council as Amortised Capital Costs within the Service Fees.

  • Article 8 to the Soft Loan Agreement between the Government of the Republic of Austria represented by the Federal Minister of Finance and the Council of Ministers of the Republic of Albania represented by the Ministry of Finance specifies that all payments in connection with concessional loans shall be exempted from all taxes and duties imposed by the Albanian side.

  • The BPTS has decided to provide Soft Loan pursuant to the provisions of this loan agreement, to the “Selected Bidder” through a competitive bidding vide RFP for Selection Of Bus Operator for Provision/Refurbishment, Operation and Maintenance of City Buses for Managing Public Transport in Bhubaneswar – Puri – Cuttack on Gross Cost Contract Basis, for faster procurement of New Buses of the quantity and specifications provided in the abovementioned RFP.

  • The objective of this Framework Agreement is to establish a framework for financial cooperation between the Parties for the provision of concessional loans under the Austrian Soft Loan Scheme in support of sectors/projects of mutual interest in the Republic of Kenya.


More Definitions of Soft Loan

Soft Loan means City-provided debt that serves as a Project Source and requires principal or interest payments at below-market rates.
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Soft Loan means a loan with a below-market rate of interest which funding is backed up by public sources. If the loan to the final beneficiary is co-funded by ESIF sources and there is no first-loss piece to be borne by ESIF sources, while the other part of the loan funded by the on-lending institution is priced along MEO principle the soft loan is considered to be only that part of the combined loan that is funded by ESIF sources. In all other cases the whole combined loan approved on the basis of this Protocol is considered to be a soft-loan;
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