Concessional Financing definition

Concessional Financing means any Financing not explicitly designated as Non-concessional Financing in the Financing Agreement.
Concessional Financing means the concessional credit line extended by the Recipient to MISFA pursuant to Section I.A. of Schedule 2 to the Financing Agreement, for MISFA to borrow the proceeds of the Financing under individual Subsidiary Loan, which proceeds shall in turn be on-lent to MFPs on concessional terms through MFPs Sub-Loans.
Concessional Financing means, without limitation to the definition of said term in paragraph 19 of the General Conditions, the Credit extended by the Association to the Recipient on the terms referred to in Article II to this Agreement and in the General Conditions.

Examples of Concessional Financing in a sentence

  • The Association agrees to extend to the Recipient a credit, which is deemed as Concessional Financing for purposes of the General Conditions, in an amount equivalent to seven million Special Drawing Rights (SDR 7,000,000) (variously, “Credit” and “Financing”), to assist in financing the project described in Schedule 1 to this Agreement (“Project”).

  • The Association agrees to extend to the Recipient a grant, which is deemed as Concessional Financing for purposes of the General Conditions, in an amount equivalent to fourteen million nine hundred thousand Special Drawing Rights (SDR 14,900,000) (“Financing”), to assist in financing the project described in Schedule 1 to this Agreement (“Project”).

  • The Association agrees to extend to the Recipient a grant, which is deemed as Concessional Financing for purposes of the General Conditions, in an amount equivalent to seventy-six million, one hundred thousand Special Drawing Rights (SDR 76,100,000) (“Financing”), to assist in financing the project described in Schedule 1 to this Agreement (“Project”).

  • The Association agrees to extend to the Recipient a credit, which is deemed as Concessional Financing for purposes of the General Conditions, in the amount of eight million Dollars ($8,000,000) (variously, “Credit” and “Financing”), to assist in financing the project described in Schedule 1 to this Agreement (“Project”).

  • The Association agrees to extend to the Recipient a credit, which is deemed as Concessional Financing for purposes of the General Conditions, in an amount equivalent to one hundred forty five million seven hundred thousand Special Drawing Rights (SDR 145,700,000) (variously, “Credit” and “Financing”), to assist in financing the project described in Schedule 1 to this Agreement (“Project”).

  • The Association agrees to extend to the Recipient a credit, which is deemed as Concessional Financing for purposes of the General Conditions, in the amount of fifteen million Dollars ($15,000,000) (variously, “Credit” and “Financing”), to assist in financing the project described in Schedule 1 to this Agreement (“Project”).

  • The Association agrees to extend to the Recipient a grant, which is deemed as Concessional Financing for purposes of the General Conditions (collectively, “Financing”) in an amount equivalent to fifteen million two hundred thousand Special Drawing Rights (SDR15,200,000) (“Financing”), to assist in financing the project described in Schedule 1 to this Agreement (“Project”).

  • The Association agrees to extend to the Recipient a grant, which is deemed as Concessional Financing for purposes of the General Conditions, in an amount equivalent to fifteen million one hundred thousand Special Drawing Rights (SDR- 15,100,000) (“Financing”), to assist in financing the project described in Schedule 1 to this Agreement (“Project”).

  • The Association agrees to extend to the Recipient a grant, which is deemed as Concessional Financing for purposes of the General Conditions, in an amount equivalent to five million six hundred thousand Special Drawing Rights (SDR 5,600,000) (“Financing”), to assist in financing the project described in Schedule 1 to this Agreement (“Project”).

  • The Association agrees to extend to the Recipient a credit, which is deemed as Concessional Financing for purposes of the General Conditions, in the amount of one hundred and fifty million Dollars ($150,000,000) (variously, “Credit” and “Financing”), to assist in financing the project described in Schedule 1 to this Agreement (“Project”).