VCF Manager definition
Examples of VCF Manager in a sentence
The terms of operation of the VCF shall be set forth in the VCF Management Agreement to be entered into between the Lead Programme Agency and the VCF Manager, which shall be acceptable to the Fund.
Moreover, the VCF Manager shall declare its commitment to the goal and purposes of the Programme as stated in Schedule 1 hereof and, in furtherance of such goals and purposes, it shall undertake to carry out the VCF Component in accordance with this Agreement and the Credit-by-laws.
The VCF Manager shall enter into an agreement, based on a model acceptable to the Fund, with respect to the quasi-equity financing provided by it through the VCF to eligible enterprises in accordance with the Credit by-Laws (the “Enterprises Agreement”).
The Lead Programme Agency and the VCF Manager shall enter into an agreement (the “VCF Management Agreement”), which shall include, among other things, the following information: modalities for the transfer of funds; the administrative fee, if any, to be paid to the VCF Manager; and the repayment and lending terms for the quasi-equity and other financing.