VGF Grant definition

VGF Grant means the grant payable by the Central Government under and in accordance with the Scheme as set forth in the Guidelines for Financial Support to Public Private Partnerships in Infrastructure notified by the Finance Ministry on 07.12.2020 vide OM No. 10/3/2018-PPP and as referred to in clause 2.1 of this Agreement.
View Source
VGF Grant means a grant for VGF made by the PIDG Trust from PIDG TA Owner Funding to a PIDG Company, PIDG Ltd., or to IFC (for DevCo activities) or any other third party approved by PIDG Ltd.
View Source
VGF Grant means the grant payable by the Odisha Government under and in accordance with the Scheme as set forth in the Guidelines for Odisha State VGF Scheme notified by ….. on … … … … …vide and as
View Source

Examples of VGF Grant in a sentence

  • Such suspension or termination as the case may be, of the undisbursed portion of the VGF Grant shall be deemed to be with mutual agreement of the Parties.

  • The rights and remedies of the Concessionaire in the VGF Grant, including in any balance thereof awaiting disbursement to the Concessionaire, are set forth in their entirety in this Agreement and the Lead Institution and the Concessionaire shall have no other rights or remedy against or to such VGF Grant including in any balance thereof awaiting disbursement to the Concessionaire.

  • Occurrence of any VGF Default, The disbursement of the balance of the undisbursed amount of VGF Grant shall be suspended or terminated, as the case may be, in the sole discretion of the Empowered Committee without the Empowered Committee or the Lead Institution being liable to the Concessionaire or the Owner in any manner whatsoever for the same.

  • The VGF Grant shall be disbursed to the Concessionaire by Lead Institution for and on behalf of the Empowered Institution in the manner as setout in Clause 2.2.

  • The VGF Grant shall be disbursed to the Concessionaire by Lead Institution for and on behalf of the Empowered Committee in the manner as setout in Clause 2.2.


More Definitions of VGF Grant

VGF Grant means the grant payable by the Central Government under and in accordance with the Scheme as set forth in the Guidelines for Financial Support to Public Private Partnerships in Infrastructure
View Source
VGF Grant means the grant payable by the Central Government under and in accordance with the Scheme as set forth in the Guidelines for Financial Support to Public Private Partnerships in Infrastructure notified by the Finance Ministry on 12.1.2006 vide OM No. 1/5/2005-PPP and as referred to in Clause 2.1 of this Agreement.
View Source