Partial Credit Guarantees. For the purposes of carrying out Part 2.1 of the Project, the Recipient shall cause BDF to enter into a Guarantee Agreement with each PFI on terms and conditions set forth in the Project Implementation Manual and eligibility criteria and procedures acceptable to the Recipient and the Association.
Partial Credit Guarantees. 1. (a) For the implementation of Part 1(a) of the Project, FDI shall enter into a separate Participation Agreement on the basis of a model satisfactory to the Association, and then a separate PCG Facility Agreement, with each Participating Financial Institutions for the provision of PCGs, each on terms and conditions satisfactory to the Association, which shall include, inter alia, the following:
Partial Credit Guarantees. 1. For purposes of carrying out Part 2.2 of the Project, the Borrower, through SIDP, shall make available the Loan proceeds allocated to Category (3) to the FOGAR into a new account opened specifically to provide Partial Credit Guarantees to Eligible PFIs under terms and conditions satisfactory to the Bank, including those set forth in the POM and below. To this end, the Borrower, through SIDP, shall cause XXXX to ensure that:
