Common Contracts

1 similar Framework Agreement contracts

Contract
Framework Agreement • April 30th, 2009

Host Country: Global (all OPIC-eligible countries except for Afghanistan) Name of Borrower: SEAF SME Debt Facility L.L.C. U.S. Sponsor: Small Enterprise Assistance Funds (SEAF ) Foreign Sponsor: Not Applicable Project Description: A $30,000,000 direct loan Framework Agreement Facility (the “Facility”) to make emerging market loans underwritten and administered by SEAF in which OPIC will share credit risk with SEAF–managed funds and other third parties which are lending or providing equity investments along side the SEAF SME Debt Facility L.L.C. (Facility SPV).The Facility will enable SEAF to successfully expand the volume of its SME loan financing in OPIC-eligible countries.This will be a delegated credit underwriting facility. SEAF will underwrite each loan covered by the Facility in accordance with SEAF’s credit underwriting policies and procedures as well as OPIC statutory and policy requirements. Total Project Cost Costs: OPIC expects the Facility to mobilize in aggregate$40,000,

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!