Subsidiary Financing Agreement definition

Subsidiary Financing Agreement means any agreement to be entered into between the Borrower and a Participating Bank pursuant to Section 3.01 (b) of this Agreement, as the same may be amended from time to time;

Subsidiary Financing Agreement means the agreement referred to in Section I.B of Schedule 2 to this Agreement pursuant to which the Borrower shall make part of the proceeds of the Loan available to the Project Implementing Entity.

Subsidiary Financing Agreement means the agreement referred to in Part A of Section I of Schedule 2 to this Agreement pursuant to which the Recipient shall make the proceeds of the Financing available to the Project Implementing Entity.

Examples of Subsidiary Financing Agreement in a sentence

• The following event is specified as an additional condition to the effectiveness of the Loan Agreement within the meaning of Section 12.01 (c) of the General Conditions, namely, that at least one Subsidiary Financing Agreement has been executed on behalf of the Borrower and a Participating Bank.

• To facilitate the further carrying out of the Project by the Project Implementing Entity, the Recipient shall make the proceeds of the Financing available to the Project Implementing Entity under the Subsidiary Financing Agreement, as amended in furtherance thereof.

• The Additional Conditions of Effectiveness consists of the following, namely, that (a) the Subsidiary Financing Agreement has been updated, satisfactory to the Association, to reflect the implementation arrangements under this Financing; and (b) the Co-financing Agreement between the World Bank and the Recipient has been executed and delivered and all condition precedent to its effectiveness (other than the effectiveness of this Agreement) have been fulfilled.

• The principal amount to be relent out of the proceeds of the loan to a PFI under its respective Subsidiary Financing Agreement shall be: (a) denominated in Deutsche Marks in accordance with the applicable laws and regulations of the Borrower; and (b) the equivalent of the aggregate amount of the principal of all Sub-loans made by the PFI out of the proceeds thereof.

• The following event is specified as an additional condition to the effectiveness of the Development Credit Agreement within the meaning of Section 12.01(b) of the General Conditions, namely, that the Subsidiary Financing Agreement has been executed on behalf of the Borrower and PPAF.

More Definitions of Subsidiary Financing Agreement

Subsidiary Financing Agreement and “Subsidiary Finance” mean, respectively, any agreement entered into or to be entered into between the Borrower, through the Apex Unit acting as Fiscal Agent of the Borrower in accordance with the Fiscal Agency Agreement, and a Participating Financial Institution pursuant to paragraph 2 (a) of Schedule 5 to this Agreement, and any loan made pursuant to a Subsidiary Financing Agreement.

Subsidiary Financing Agreement means the agreement to be entered into:

Subsidiary Financing Agreement means the agreement to be entered into between the Borrower and URA pursuant to Section 3.01 (c) of this Agreement, as the same may be amended from time to time, and such term includes all schedules to the Subsidiary Financing Agreement;

Subsidiary Financing Agreement means the subsidiary financing agreement between the Borrower and KVWSMB, referred to in paragraph (a) of Section 3.01 of this Loan Agreement;

Subsidiary Financing Agreement means each of the agreements between the Borrower and NWSDB referred to in Section 3.01 of this Loan Agreement and the Ordinary Operations Loan Agreement, respectively; and

Subsidiary Financing Agreement means the agreement to be entered into between the Borrower and EEC pursuant to Section 3.01 (c) of this Agreement;

Subsidiary Financing Agreement means any agreement to be entered into between the Borrower and a Participating Bank pursuant to Section 3.01 (c) of this Agreement, as the same may be amended from time to time;