Common Contracts
1 similar Framework Financing Agreement contracts
FRAMEWORK FINANCING AGREEMENTFramework Financing Agreement • May 17th, 2012
Parties This Framework Financing Agreement (FFA) dated 20 April 2012 is between and among The University of the South Pacific (USP), the Government of Kiribati, and Asian Development Bank (ADB). Investment Program USP is committed to supporting the USP Strategic Plans 2010-2012 & 2013-2018 (“Roadmap”) to implement the goals of the Pacific Plan for regional higher education. The proposed Higher Education in the Pacific Investment Program is an integral part of the Roadmap (“Investment Program”). Both the Roadmap and the Investment Program are described in Schedule 1 hereto. The total cost of the Higher Education in the Pacific Investment Program over the period 2012 to 2019 is expected to be $23 million equivalent. Multitranche Financing Facility The Multitranche Financing Facility (“Facility”) is intended to finance projects under the Investment Program, provided that such projects comply with the criteria set out in Schedule 4 hereto and that understandings set out in this FFA are c
