First Additional Financing definition

First Additional Financing means the first additional financing for the Original Project, approved on November 5, 2009 and declared effective by the Association on April 8, 2010.

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First Additional Financing means the grant made by the Association to the Recipient in an amount equivalent to five million four hundred thousand Special Drawing Rights (SDR 5,400,000) pursuant to the terms of the First Additional Financing Agreement entered into between the Recipient and the Association dated February 12, 2009 (Grant number H445-0-HT) for the purpose of providing additional financing for the Original Project.

First Additional Financing means the Financing Agreement for additional financing of the Original Project, dated October 1, 2010 (Credit No. 4826–KG/ Grant No. H619–KG).

Examples of First Additional Financing in a sentence

The closing date referred to in Section IV.B.2 of Schedule 2 of the First Additional Financing Agreement is revised to read “December 31, 2014”.
This First Additional Financing Grant is funded out of the abovementioned trust fund for which the World Bank receives periodic contributions.
The Recipient shall implement the Project in accordance with the provisions of Section I of Schedule 2 to the Original Financing Agreement, as revised/updated pursuant to Section I of Schedule 1 to the First Additional Financing Agreement, which sections are incorporated hereto by reference.
The World Bank agrees to extend to the Recipient on the terms and conditions referred to in the Grant Agreement, as amended by this First Additional Financing Amendment, an additional financing grant (the “First Additional Financing Grant”) in an amount not exceeding twenty eight million one hundred twenty three thousand United States Dollars (US$28,123,000) to assist in financing the Project.
References to “Grant” in the Grant Agreement shall include both the Original Grant and the First Additional Financing Grant.
Reflecting the application of the Anti-Corruption Guidelines and Standard Conditions referred to in paragraph 7 of this First Additional Financing Amendment, Section II of the Appendix is deleted.
The First Additional Financing Notice may be delivered no earlier than {150} 182 days following the Closing Date and no later than {170} 212 days following the Closing Date, or as otherwise agreed to by the parties hereto.
The total Grant amount, as of the date of this First Additional Financing Amendment, including the Original Grant and the First Additional Financing Grant, shall not exceed thirty eight million three hundred twenty three thousand United States Dollars (US$38,323,000).
Except as specifically provided for in this agreement, all of the terms and conditions set out in the Grant Agreement shall apply to the First Additional Financing Grant.
The Recipient shall implement the Project in accordance with the provisions of Section I (except I.E) of Schedule 2 to the Original Financing Agreement, as revised/updated pursuant to Section I of Schedule 2 to the First Additional Financing Agreement and Section I of Schedule 2 to the Second Additional Financing, which sections are incorporated hereto by reference.

More Definitions of First Additional Financing

First Additional Financing means the additional financing for the Original Project granted by the Association on December 18, 2020 in an amount of SDR 35,500,000.

First Additional Financing means the agreement between the Recipient and the Bank for the Project dated November 7, 2017.

First Additional Financing means financing in the amount of SDR431,000,000 and SDR 72,000,000 being provided to the Recipient pursuant to the First Additional Financing Agreement.

First Additional Financing means the additional financing provided under the First Amending Agreement;

First Additional Financing means the additional financing extended under the financing agreement with respect to the Original Project, between the Recipient and the Association, dated October 7, 2020 (Grant No. D722-ET), as amended.