Resources of the investment facility. 1. The resources of the Facility may be used, inter alia, to: (a) provide risk capital in the form of: (i) equity participation in ACP enterprises, including financial institutions; (ii) quasi-capital assistance to ACP enterprises, including financial institu tions; and (iii) guarantees and other credit enhancements which may be used to cover political and other investment-related risks, both for foreign and local investors or lenders. (b) provide ordinary loans. 2. Equity participation shall normally be for non-controlling minority holdings and shall be remunerated on the basis of the performance of the project concerned.
Appears in 3 contracts
Samples: Partnership Agreement, Partnership Agreement, Partnership Agreement
Resources of the investment facility. 1. The resources of the Facility may be used, inter alia, to:
(a) provide risk capital in the form of:
(i) equity participation in ACP enterprises, including financial institutions;
(ii) quasi-capital assistance to ACP enterprises, including financial institu tionsinstitutions; and
(iii) guarantees and other credit enhancements which may be used to cover political and other investment-related risks, both for foreign and local investors or lenders.
(b) provide ordinary loans.
2. Equity participation shall normally be for non-controlling minority holdings and shall be remunerated on the basis of the performance of the project concerned.
Appears in 1 contract
Samples: Partnership Agreement
