Subloan definition

Subloan means a loan made or proposed to be made partially out of the proceeds of the Loan by a Participating Bank to a Beneficiary (as such term is hereinafter defined) under Parts D and I of the Project for the financing of the investments and associated working capital under Subprojects (as such term is hereinafter defined);

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Subloan means a loan or credit made or proposed to be made by a PFI to a Beneficiary for a Subproject, as hereinafter defined, out of the proceeds of the Credit made available to BM/Central under the Subsidiary Administration Agreement;

Subloan means a loan made or proposed to be made by the Borrower out of the proceeds of the Loan to a Qualified LGU or Qualified Enterprise for a Qualified Subproject;

Examples of Subloan in a sentence

No expenditures for goods or services required for an Export Program shall be eligible for financing out of the proceeds of the Loan unless the Bank shall have authorized withdrawals from the Loan Account for the Working-capital Sub-loan for such Export Program and such expenditures shall have been made not earlier than ninety days prior to the date on which the Bank shall have received the request and information required under paragraph 3 (a) of this Part B in respect of such Working-capital Sub-loan.
No Working-capital Sub-loan shall be made to an Exporter if the aggregate principal amount outstanding of Working- capital Sub-loans previously made to such Exporter when added to the principal amount of the Working-capital Sub-loan proposed to be made would exceed the credit limit referred to in paragraph 1 (b) of this Part B.
The amount of the Loan may be withdrawn from the Loan Account in accordance with the provisions of Schedule 1 to this Agreement for amounts paid (or, if the Bank shall so agree, to be paid) by the Borrower on account of withdrawals made by a Beneficiary under a Sub-loan for a Development Project to meet the reasonable cost of goods and services required for such Development Project and to be financed out of the proceeds of the Loan.
Except as the Bank and the Borrower may otherwise agree, the Borrower shall open and thereafter maintain in its books, in accordance with its normal financial procedures and on conditions satisfactory to the Bank, a separate account to which it shall credit each repayment of principal or a Sub-loan upon receipt thereof.
Provide Sub-loans to Sub-loan Beneficiaries for carrying out energy efficiency Sub-projects.

More Definitions of Subloan

Subloan means a loan or credit made or proposed to be made by a PFI to a Beneficiary for a Subproject to be carried out under Part G.1 of the Project;

Subloan in this checklist means the investment of the sub-borrower for which the loan is provided.

Subloan means a loan made or proposed to be made by IDCOL out of the proceeds of the Credit to an Investment Enterprise for an Investment Project;

Subloan means a loan made, or proposed to be made, by GPG through GFTC out of the proceeds of the Loan to a subborrower for a subproject;

Subloan means a Subloan made or proposed to be made by TNUDF out of the proceeds of the Loan to a Subborrower for financing a Subproject under Part B.1 (a) of the Project;

Subloan means a loan or other financing, including grants or any combination of loans and grants, made or proposed to be made by the Borrower to a Participating Municipality for an Investment Project out of the proceeds of the Credit; and

Subloan means a loan made or proposed to be made by MDF out of the proceeds of the Loan to an MG for a subproject;