Credit Policy Guidelines definition

Credit Policy Guidelines means the guidelines regulating the provision of credit by financial institutions in the Guarantor’s territory, issued by the Central Bank of the Guarantor and summarized in the Note dated May 31, 1991, prepared by the Professional Association of Moroccan Banks of which the Borrower is a member;

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Credit Policy Guidelines means the guidelines regulating the provision of credit by financial institutions in the Guarantor’s territory, issued by the Guarantor’s Central Bank and summarized in the Note dated October 25, 1989 prepared by the Professional Banking Association of Morocco as said guidelines may be amended from time to time;

Credit Policy Guidelines means the guidelines regula- ting the provision of credit by financial institutions in the Hungarian People’s Republic as established by Resolution No. 1074 of 1987, of the Council of Ministers of the Guarantor; and

Examples of Credit Policy Guidelines in a sentence

All amounts so credited shall be utilized by the Borrower, to the extent they are not yet required to meet the Borrower’s payment obligations under this Agreement, exclusively to finance activities similar to those financed under the Project, in accordance with the Credit Policy Guidelines.
Pursuant to Section 6.02 (k) of the General Conditions, the following additional event is specified, namely, that the Credit Policy Guidelines shall have been amended, suspended, abrogated, repealed or waived so as to affect materially and adversely the financial condition of the Borrower or the ability of the Borrower to perform any of its obligations under this Agreement.
All amounts to be so credited to the said separate account shall be utilized by the Borrower, to the extent they are not yet required to meet the Borrower’s payment obligations to the Bank under this Agreement, exclusively to finance, through the Parti- cipating Banks, specific development projects similar to the Sub- projects in accordance with the Credit Policy Guidelines.
Each Subsidiary Loan shall be charged on the principal amount thereof, withdrawn and outstanding from time to time, interest at a rate determined in accordance with the principles applied by the Borrower under the Credit Policy Guidelines for the establishment of its refinancing rate as of the date of this Agreement.

More Definitions of Credit Policy Guidelines

Credit Policy Guidelines means the guidelines regulating the provision of credit by financial institutions in the Guarantor’s territory, referred to in (i) the Note dated May 31, 1991, prepared by the Professional Association of Moroccan Banks of which the Borrower is a member, (ii) the Orders (Arrcte) dated January 13, 1992, October 22, 1992 and December 22, 1992, issued by the Guarantor’s Minister of Finance relating, respectively, to the setting of interest rates, the maximum risk allocation ratio and the minimum solvency ratio, (iii) related Regulatory Decisions No. 95 and No. 96, both dated December 25, 1992, issued by the Guarantor’s Central Bank and (iv) Note No. 408/91 dated June 14, 1991 issued by the Guarantor’s Central Bank relating to loans in arrears;

Credit Policy Guidelines means the guidelines regulating the provision of credit by the Borrower, dated January 1989, as the same may be amended from time to time;

Credit Policy Guidelines means the Monetary and Credit Policy Guidelines, regulating the provision of credit by the Borrower and other financial institutions in the Hungarian People’s Republic, established by Resolution No. 1115 of 1988 (XII.24.) of the Council of Ministers of the Guarantor; and

Credit Policy Guidelines means the Monetary and Credit Policy Guidelines regulating the provision of credit by the Borrower, established by Resolution No. 1166/1989 dated December 28, 1989, of the Council of Ministers of the Guarantor;

Credit Policy Guidelines means the Monetary and Credit Policy Guidelines, regulating the provisions of credit by the Borrower and other financial institutions in the Hungarian People’s Republic, established by Resolution No. 1115 of 1988 (XII.24.) of the Council of Ministers of the Guarantor.

Credit Policy Guidelines means the Borrower’s credit policy guidelines dated May 15, 1989, as amended to the date of this Agreement;