First Additional Financing definition

First Additional Financing means the grant made by the Association to the Recipient in an amount equivalent to five million four hundred thousand Special Drawing Rights (SDR 5,400,000) pursuant to the terms of the First Additional Financing Agreement entered into between the Recipient and the Association dated February 12, 2009 (Grant number H445-0-HT) for the purpose of providing additional financing for the Original Project.
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First Additional Financing means the first additional financing for the Original Project, approved on November 5, 2009 and declared effective by the Association on April 8, 2010.
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First Additional Financing means the Financing Agreement for additional financing of the Original Project, dated October 1, 2010 (Credit No. 4826–KG/ Grant No. H619–KG).
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Examples of First Additional Financing in a sentence

  • The closing date referred to in Section IV.B.2 of Schedule 2 of the First Additional Financing Agreement is revised to read “December 31, 2014”.

  • The 2008 HSSP2 EMP recommends appropriate mitigation measures and monitoring programs to be followed with a view to guiding the Program design and incorporating appropriate management plans during HSSP2 implementation.In October, 2013, the First Additional Financing (AF1) for HSSP2 of USD 13.44 million was approved.

  • The dates provided in Section IV.B.2 of Schedule 2 to the Original Financing Agreement (Cr. No. 5719-PK) and Section III.B.2 of Schedule 2 to the First Additional Financing Agreement (Cr. Nor.

  • These activities are consistent with the original project and the First Additional Financing (AF1) support, while the Second Additional Financing (AF2) only supports for SDGs and HEFs, there is no new activity under AF3.

  • The First Additional Financing (AF1) was at the request of the GOM in November 2011 and approved by the Bank in 2012 for an amount of US$75 million comprising of an additional IDA credit (US$30 million) and initial contributions to a Multi-Donor Trust Fund (MTDF) whose initial contributions were expected to be from the European Union (28,890,000 Euros or US$39.7 million) and from the Flanders International Cooperation Agency (5,300,000 Euros or US$7.9 million).

  • The Project Development Objective (PDO) of the parent project (RSAP and First Additional Financing- P086411 and P110324) will continue to be the same for this project.

  • The First Additional Financing was approved in October 2016 in the amount of USD 11.05 million.

  • Two outcome level indicators were added at the time of the First Additional Financing (AF1) on March 29, 2007 to reflect and monitor progress on the added interventions in the four national parks and on selected river crossings: (a) Number of visitors accessing the four rehabilitated national parks before and after project intervention and (b) Proportion of rural population with access to re-instated all-weather river crossings.

  • They were also revised to take into account the two Additional Financings (AFs) approved during the project life: the First Additional Financing for Food Security (AFFS) and the Food Security and Livestock Support Project (PASAEL).

  • At the time of the First Additional Financing, an indicator; --the number of jobs created in beneficiary communities-- was included, but without a target value.


More Definitions of First Additional Financing

First Additional Financing means the additional financing provided under the First Amending Agreement;
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First Additional Financing means the agreement between the Recipient and the Bank for the Project dated November 7, 2017.
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First Additional Financing means financing in the amount of SDR431,000,000 and SDR 72,000,000 being provided to the Recipient pursuant to the First Additional Financing Agreement.
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Related to First Additional Financing

  • Additional Financing means the sale by the Company of additional Units as contemplated by the registration statement on Form SB-2 filed by the Company with the SEC on September 13, 2006, as amended from time to time thereafter.

  • Closing Date Term Loan Commitment means, in the case of each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(b) as such Lender’s Closing Date Term Loan Commitment. The aggregate amount of the Closing Date Term Loan Commitments as of the Closing Date is $820,000,000.

  • Additional Facility is defined in Section 7.01.

  • Acquisition Note means a promissory note made by Borrower in favor of a Lender evidencing the Lender’s Applicable Percentage of the Acquisition Loan, substantially in the form of Exhibit G.

  • Permitted Acquisition Consideration means, in connection with any Permitted Acquisition, the aggregate amount (as valued at the Fair Market Value of such Permitted Acquisition at the time such Permitted Acquisition is made) of, without duplication: (a) the purchase consideration for such Permitted Acquisition, whether payable at or prior to the consummation of such Permitted Acquisition or deferred for payment at any future time, whether or not any such future payment is subject to the occurrence of any contingency, and including any and all payments representing the purchase price and any assumptions of Debt and/or Guaranties, “earn-outs” and other agreements to make any payment the amount of which is, or the terms of payment of which are, in any respect subject to or contingent upon the revenues, income, cash flow or profits (or the like) of any Person or business and (b) the aggregate amount of Debt assumed in connection with such Permitted Acquisition; provided in each case, that any such future payment that is subject to a contingency shall be considered Permitted Acquisition Consideration only to the extent of the reserve, if any, required under GAAP (as determined at the time of the consummation of such Permitted Acquisition) to be established in respect thereof by Holdings or its Restricted Subsidiaries.

  • Incremental Term Loan Assumption Agreement means an Incremental Term Loan Assumption Agreement in form and substance reasonably satisfactory to the Administrative Agent, among the Borrower, the Administrative Agent and one or more Incremental Term Lenders.

  • Additional Financial Centre(s means the city or cities specified as such in the relevant Final Terms;

  • Additional Facilities has the meaning assigned to that term in Section 2.9(a).

  • Project financing gap means the part of the total project cost,

  • Additional Refinancing Lender has the meaning set forth in Section 2.15(a).

  • Additional Funds has the meaning set forth in Section 4.03 hereof.

  • Collateral Acquisition Agreements means each of the agreements entered into by the Issuer in relation to the purchase by the Issuer of Collateral Debt Obligations from time to time.

  • Incremental Commitment Agreement means each Incremental Commitment Agreement in substantially the form of Exhibit F (appropriately completed, and with such modifications as may be reasonably satisfactory to the Administrative Agent) executed and delivered in accordance with Section 2.14.

  • Acquisition Notice has the meaning ascribed to such term in Section 2.1(a).

  • Original Financing Agreement means the development credit agreement for a Social Investment Program Project between the Recipient and the Association, dated April 7, 2003, as amended to the date of this Agreement (Credit No. 3740-BD).

  • First Amendment Closing Date has the meaning assigned to such term in the First Amendment.

  • Second Amendment Closing Date has the meaning assigned to such term in the Second Amendment.

  • Closing Date Term Loan has the meaning specified in Section 2.01(a).

  • Specified Acquisition Agreement Representations means the representations and warranties made by, or with respect to, the Target and its subsidiaries in the Acquisition Agreement that are material to the interests of the Lenders, but only to the extent that the Borrower (or its applicable affiliate) has the right (taking into account applicable cure provisions) to terminate its obligations under the Acquisition Agreement or to decline to consummate the Acquisition (in each case, in accordance with the terms thereof) as a result of a breach of any such representations and warranties.

  • Alternative Acquisition Agreement shall have the meaning set forth in Section 6.5(c).

  • Non-Financing Lease Obligation means a lease obligation that is not required to be accounted for as a financing or capital lease on both the balance sheet and the income statement for financial reporting purposes in accordance with GAAP. For the avoidance of doubt, a straight-line or operating lease shall be considered a Non-Financing Lease Obligation.

  • Closing Date Acquisition shall have the meaning assigned to such term in the recitals hereto.

  • Wholesale acquisition cost means the same as that term is defined in 42 U.S.C. Sec. 1395w-3a.

  • Third Amendment Closing Date has the meaning assigned to such term in the Third Amendment.

  • Existing Financing means the financing arrangements that provided for a security interest granted by Company in the Aircraft and that were outstanding on August 3, 2020.

  • Cost of Acquisition means, with respect to any Acquisition, as at the date of entering into any agreement therefor, the sum of the following (without duplication): (i) the value of the capital stock, warrants or options to acquire capital stock of Borrower or any Subsidiary to be transferred in connection therewith, (ii) the amount of any cash and fair market value of other property (excluding property described in clause (i) and the unpaid principal amount of any debt instrument) given as consideration, (iii) the amount (determined by using the face amount or the amount payable at maturity, whichever is greater) of any Debt incurred, assumed or acquired by the Borrower or any Subsidiary in connection with such Acquisition, (iv) all additional purchase price amounts in the form of earnouts and other contingent obligations that should be recorded on the financial statements of the Borrower and its Subsidiaries in accordance with GAAP, (v) all amounts paid in respect of covenants not to compete, consulting agreements that should be recorded on financial statements of the Borrower and its Subsidiaries in accordance with GAAP, and other affiliated contracts in connection with such Acquisition, (vi) the aggregate fair market value of all other consideration given by the Borrower or any Subsidiary in connection with such Acquisition, and (vii) out of pocket transaction costs for the services and expenses of attorneys, accountants and other consultants incurred in effecting such transaction, and other similar transaction costs so incurred. For purposes of determining the Cost of Acquisition for any transaction, (A) the capital stock of the Borrower shall be valued (I) in the case of capital stock that is then designated as a national market system security by the National Association of Securities Dealers, Inc. (“NASDAQ”) or is listed on a national securities exchange, the average of the last reported bid and ask quotations or the last prices reported thereon, and (II) with respect to any other shares of capital stock, as determined by the Board of Directors of the Borrower and, if requested by the Bank, determined to be a reasonable valuation by the independent public accountants referred to in Section 5.01(a), (B) the capital stock of any Subsidiary shall be valued as determined by the Board of Directors of such Subsidiary and, if requested by the Bank, determined to be a reasonable valuation by the independent public accountants referred to in Section 5.01(a), and (C) with respect to any Acquisition accomplished pursuant to the exercise of options or warrants or the conversion of securities, the Cost of Acquisition shall include both the cost of acquiring such option, warrant or convertible security as well as the cost of exercise or conversion.