Togrog definition
Examples of Togrog in a sentence
Financing MDF Sub-projects in the Project Area, through the provision of Sub-loans in Togrog to Sub-borrowers by the Microfinance Development Fund, through the intermediation of PFIs.
Bids may be expressed in Togrog or in foreign currency as set forth in the Invitation for Bids.
If the currency of payment set forth in the Invitation for Bids is Togrog, the Invitation for Bids may indicate that there is no obligation on the part of the Borrower’s department or agency soliciting the bids to convert the amounts to be paid into foreign currency.
Each ▇▇▇▇▇▇ Bank and Trade and Development Bank shall take such steps, satisfactory to the Association, as shall be necessary to protect itself against risk of loss resulting from changes in the rates of exchange between the various currencies (including the Togrog) used in its operations.
Such principal amount shall be repaid by USAG in Togrog to the MUB in semi-annual installments over twenty years, including a grace period of five years.
Each Trade and Development Bank and Zoos Bank shall take such steps, satisfactory to the Association, as shall be necessary to protect itself against risk of loss resulting from changes in the rates of exchange between the various currencies (including the Togrog) used in its operations.
If the currency of payment set forth in the Invitation for Bids Togrog, the Invitation for Bids may indicate that there is no obligation on the part of the Borrower’s department or agency soliciting the bids to convert the amounts to be paid into foreign currency.
The principal amount of the subsidiary loan repayable by USAG shall be the equivalent in Togrog (determined as of the date, or respective dates, of withdrawal) of amounts allocated to and withdrawn from Categories (1) through (4) set forth in paragraph 1 of Schedule 1 to the Development Credit Agreement.