Common use of Conditions for foreign exchange rate risk Clause in Contracts

Conditions for foreign exchange rate risk. In order to minimise the effects of exchange rate fluctuations, the problems of exchange rate risk shall be dealt with in the following way: a) in the case of equity participation designed to strengthen an enterprise’s own funds, the exchange rate risk shall, as a general rule, be borne by the Investment Facility; b) in the case of ordinary loans and risk capital financing for small-and medium-sized enterprises (SMEs), the exchange rate risk shall, as a general rule, be shared by the Community, on the one hand, and by the other Parties involved, on the other. On average, the foreign exchange rate risk should be shared equally and; c) where feasible and appropriate, particularly in countries characterised by macroeconomic and financial stability, the Facility will endeavour to extend loans in local ACP currencies, thus de facto taking the foreign exchange risk.

Conditions for foreign exchange rate risk. In order to minimise the effects of exchange rate fluctuations, the problems of exchange rate risk shall be dealt with in the following way: (a) in the case of equity participation designed to strengthen an enterprise’s 's own funds, the exchange rate risk shall, as a general rule, be borne by the Investment Facility; (b) in the case of ordinary loans and risk capital financing for small-and medium-sized enterprises (SMEs), the exchange rate risk shall, as a general rule, be shared by the Community, on the one hand, and by the other Parties involved, on the other. On average, the foreign exchange rate risk should be shared equally equally; and; (c) where feasible and appropriate, particularly in countries characterised by macroeconomic and financial stability, the Facility will endeavour to extend loans in local ACP currencies, thus de facto taking the foreign exchange risk.. ▼B‌‌‌‌‌

Conditions for foreign exchange rate risk. In order to minimise the effects of exchange rate fluctuations, the problems of exchange rate risk shall be dealt with in the following way: (a) in the case of equity participation designed to strengthen an enterprise’s 's own funds, the exchange rate risk shall, as a general rule, be borne by the Investment Facility; (b) in the case of ordinary loans and risk capital financing for small-and medium-sized enterprises (SMEs), the exchange rate risk shall, as a general rule, be shared by the Community, on the one hand, and by the other Parties involved, on the other. On average, the foreign exchange rate risk should be shared equally equally; and; (c) where feasible and appropriate, particularly in countries characterised by macroeconomic and financial stability, the Facility will endeavour to extend loans in local ACP currencies, thus de facto taking the foreign exchange risk.

Conditions for foreign exchange rate risk. In order to minimise the effects of exchange rate fluctuations, the problems of exchange rate risk shall be dealt with in the following way: (a) in the case of equity participation designed to strengthen an enterprise’s 's own funds, the exchange rate risk shall, as a general rule, be borne by the Investment Facility; (b) in the case of ordinary loans and risk capital financing for small-and medium-sized enterprises (SMEs), the exchange rate risk shall, as a general rule, be shared by the Community, on the one handpart, and by the other Parties parties involved, on the other. On average, the foreign exchange rate risk should shall be shared equally equally; and; (c) where feasible and appropriate, particularly in countries characterised by macroeconomic and financial stability, the Facility will endeavour to extend loans in local ACP currencies, thus de facto taking the foreign exchange risk.