Eligibility of Import Trading Enterprises Sample Clauses

Eligibility of Import Trading Enterprises. Unless otherwise agreed upon by the Association, an Import Trading Enterprise shall satisfy the following criteria to be eligible for a Subloan: the enterprise must: (i) be a legal or physical person lawfully engaged in business activities in the territory of the Borrower; (ii) have adequate technical expertise or experience in import or distribution activities involving agricultural inputs or products; (iii) possess adequate infrastructure and staff; (iv) have in place suitable administrative and financial management systems and procedures to execute the Import Trading Subproject; and (v) not be involved in any legal or financial dispute which would materially affect its ability to undertake the Import Trading Project.
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