SOGEM definition
Examples of SOGEM in a sentence
To facilitate the carrying out of the Project, the Recipient shall make the proceeds of the Financing available to the Project Implementing Entities under: (a) subsidiary agreements between the Recipient and the Project Implementing Entities, under terms and conditions approved by the Association (“Subsidiary Agreements”), which shall include for SOGEM on-lending terms including an interest rate of 4.5 percent per year; and (b) a repayment period of twenty years, including a grace period of five years.
The Director General of SOGEM, the High Commissioner of OMVS and any person whom he or she shall designate in writing, are also designated as representatives of the Recipient for purposes of taking any action required or permitted to be taken under the provisions of Section 2.02 of this Agreement.
Wheeling1 3 353 2 948 (405) Total 12 778 10 645 (2 133) Energie Manantali s.a (EEM), operates an operating and maintenance concession with Société Subtotal 247 578 246 911 (667) de Gestion de l’Energie de Manantali (SOGEM).
The Director General of SOGEM, and the High Commissioner of OMVS, and any person whom he or she shall designate in writing, are also designated as representatives of the Recipient for purposes of taking any action required or permitted to be taken under the provisions of Section 2.02 of this Agreement.
Once financially sustainable water supply schemes become established, private sector interest will increase in the water sector and based on successful experiences by the semi-private Water User Association, SOGEM, the project could potentially catalyze PPPs to support with water management.
The Director General of SOGEM, and any person whom he or she shall designate in writing, is also designated as representative of the Recipient for purposes of taking any action required or permitted to be taken under the provisions of Section 2.02 of this Agreement.
To facilitate the carrying out of the Project, the Recipient shall make the proceeds of the Financing available to the Project Implementing Entities under subsidiary agreements between the Recipient and the Project Implementing Entities, under terms and conditions approved by the Association (“Subsidiary Agreement”), which shall include for SOGEM on-lending terms including: (a) an interest rate of 4.5 percent per year; and (b) a repayment period of twenty years, including a grace period of five years.