Subborrower definition

Subborrower means an enterprise to which GFTC proposes to make or has made a subloan;

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Subborrower means an urban local body, statutory board or authority, public undertaking, or private investor meeting the Subborrower eligibility criteria set forth in the Operations Manual and to which TNUDF has made or proposes to make a Subloan;

Subborrower means an Eligible Municipality to which a Financial Intermediary proposes to make or has made a Subloan;

Examples of Subborrower in a sentence

• QQB shall not make a Subloan to any Qualified Subborrower unless such Qualified Subborrower has at its disposal, or has made appropriate arrangements to obtain as and when required, all local currency funds and other resources which are required by such Qualified Subborrower for the carrying out of its Qualified Subproject in respect of which the Subloan is to be made.

• Each Qualified Subborrower may receive more than 1 Subloan provided that the criteria set forth in paragraphs 7 to 10 of this Schedule are complied with.

• HPG shall cause HXB not to make a Subloan to any Subborrower unless such Subborrower has at its disposal, or has made appropriate arrangements to obtain as and when required, all local currency funds, including adequate working capital, and other resources which are required by such Subborrower for the carrying out of its Subproject in respect of which the Subloan is to be made.

• NBU shall not make a Subloan to any Qualified Subborrower unless such Qualified Subborrower has at its disposal, or has made appropriate arrangements to obtain as and when required, all local currency funds and other resources which are required by such Qualified Subborrower for the carrying out of its Qualified Subproject in respect of which the Subloan is to be made.

• Engage in (nor authorize or permit any Affiliate, any Eligible Sub-borrower or any other Person acting on its or their behalf to engage in) with respect to its banking license or any transaction contemplated by this Agreement, any Sanctionable Practices.

More Definitions of Subborrower

Subborrower means an enterprise to which the PMO proposes to make a Subloan;

Subborrower means a recipient LA of a Subloan;

Subborrower means an individual, individual or specialized household, collective, cooperative, township or village enterprise, state farm, state-owned or registered enterprise, or

Subborrower means a person, group of persons, or an entity, having juridical capacity under the laws of the Borrower to enter into contracts, to whom or which a Participating Bank has made a Subloan (as hereinafter defined);

Subborrower means a small-scale or medium-scale industrial enterprise to which a ZEF Subloan has been made or is proposed to be made.

Subborrower means an industrial enterprise to which a subloan has been made or is proposed to be made in order to carry out an IDP Subproject;

Subborrower means either a CLF III Subborrower or an MLF Subborrower, as the case may be;