IBRD Guarantee definition

IBRD Guarantee means a Guarantee provided by IBRD on terms as described in Section III.3.
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IBRD Guarantee means the guarantee provided by IBRD on the terms set out in the IBRD Guarantee Agreement;
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Examples of IBRD Guarantee in a sentence

  • This Agreement shall take effect upon its signature by both parties and shall remain in full force and effect until the earlier of: (a) the date on which the Sinosure Insurance Policy is no longer effective; and (b) the date on which the IBRD Guarantee has been terminated or is no longer in effect.

  • Such ballot papers shall have printed thereon only the title of the office to be filled, method of voting and the full name of the candidates for such office and a space for the required vote to be registered, provided however that where more than one candidate is required to be elected the number to be elected shall be printed on the ballot paper.

  • In the event that any amount is paid by the Bank under the provisions of the IBRD Guarantee, Hungary and SDI jointly and severally undertake to pay interest to the Bank on such amount, in the currency determined in accordance with Section 2.01 (b) (i) of this Agreement, at the rate per annum specified by the Bank in respect of such currency, which rate will be based on the Bank’s prevailing borrowing cost in such currency plus the applicable margin over such cost, until such amount is paid.

  • The proposed IBRD Guarantee has been processed under Bank Policy/Bank Directive: Investment Project Financing (IPF).

  • In addition to the IBRD loan, and proceeds raised through the IBRD Guarantee, efforts are under way to secure an additional US$50 million in results-based finance from the Transformative Carbon Asset Facility (TCAF), which became operational in March 2017.11 The proposed Program is being considered for TCAF support to enable EESL to leverage additional climate financing in the future.

  • Under the Bank’s IPF Policy, the Program supported by the IBRD Guarantee (UJALA and SNLP) has been classified as Category B, and the following Bank Policies/Procedures are triggered: Environmental Assessment OP/BP 4.01, Physical Cultural Resources OP/BP 4.11, and Indigenous Peoples OP/BP 4.10.

  • The IBRD Guarantee will help EESL raise commercial financing to support the Program in two key results areas: the deployment of LED bulbs, LED tube lights and efficient ceiling fans under the UJALA Program, and LED street lighting under SLNP, covering locations in both urban and rural areas across India.

  • For the PforR, the Program will be subject to the Bank’s Governance and Anti -Corruption Guidelines namely the “Guidelines on Preventing and Combating Fraud and Corruption in Program-for-Results Financing.” For the IBRD Guarantee, the “World Bank’s Anti- Corruption Guidelines for Guarantee and Carbon Finance Transactions” would apply.

  • The Bank’s assessment determines areas which need strengthening to ensure that the Operation will be implemented in a manner that meets the requirements of both the Bank’s PforR Financing Policy/Directive (applicable to the IBRD Loan) and the Bank’s IPF Policy/Directive (applicable to the IBRD Guarantee).

  • The IBRD Guarantee would be issued for a maximum term equal to the tenor of the guaranteed debt.

Related to IBRD Guarantee

  • Bid guarantee means the bid bond, cashier's check or certified check submitted as part of the bid proposal, payable to the contracting unit, ensuring that the successful bidder will enter into a contract.

  • Subsidiary Guarantee means any guarantee of the obligations of the Issuers under this Indenture and the Notes by any Subsidiary Guarantor in accordance with the provisions of this Indenture.

  • Parent Guarantee means the guarantee of payment of the Securities by the Parent Guarantor pursuant to the terms of this Indenture.

  • Limited Guarantee has the meaning set forth in the Recitals.

  • Guarantee means, as to any Person, (a) any obligation, contingent or otherwise, of such Person guaranteeing or having the economic effect of guaranteeing any Indebtedness or other obligation payable or performable by another Person (the “primary obligor”) in any manner, whether directly or indirectly, and including any obligation of such Person, direct or indirect, (i) to purchase or pay (or advance or supply funds for the purchase or payment of) such Indebtedness or other obligation, (ii) to purchase or lease property, securities or services for the purpose of assuring the obligee in respect of such Indebtedness or other obligation of the payment or performance of such Indebtedness or other obligation, (iii) to maintain working capital, equity capital or any other financial statement condition or liquidity or level of income or cash flow of the primary obligor so as to enable the primary obligor to pay such Indebtedness or other obligation, or (iv) entered into for the purpose of assuring in any other manner the obligee in respect of such Indebtedness or other obligation of the payment or performance thereof or to protect such obligee against loss in respect thereof (in whole or in part), or (b) any Lien on any assets of such Person securing any Indebtedness or other obligation of any other Person, whether or not such Indebtedness or other obligation is assumed by such Person (or any right, contingent or otherwise, of any holder of such Indebtedness to obtain any such Lien). The amount of any Guarantee shall be deemed to be an amount equal to the stated or determinable amount of the related primary obligation, or portion thereof, in respect of which such Guarantee is made or, if not stated or determinable, the maximum reasonably anticipated liability in respect thereof as determined by the guaranteeing Person in good faith. The term “Guarantee” as a verb has a corresponding meaning.

  • Note Guarantee means the Guarantee by each Guarantor of the Company’s obligations under this Indenture and the Notes, executed pursuant to the provisions of this Indenture.

  • Permitted SBIC Guarantee means a guarantee by the Borrower of Indebtedness of an SBIC Subsidiary on the SBA’s then applicable form, provided that the recourse to the Borrower thereunder is expressly limited only to periods after the occurrence of an event or condition that is an impermissible change in the control of such SBIC Subsidiary (it being understood that, as provided in clause (s) of Article VII, it shall be an Event of Default hereunder if any such event or condition giving rise to such recourse occurs).

  • Subsidiary Guarantee Agreement means the Subsidiary Guarantee Agreement, substantially in the form of Exhibit I, made by the Subsidiary Guarantors in favor of the Collateral Agent for the benefit of the Secured Parties.

  • Call Off Guarantee means a deed of guarantee in favour of a Contracting Body in the form set out in Framework Schedule 13 (Guarantee) and granted pursuant to Clause 3 of the Template Call Off terms;

  • Subsidiary Guaranty Agreement means each unconditional guaranty agreement executed by the Subsidiary Guarantors in favor of the Administrative Agent for the ratable benefit of the Secured Parties, substantially in the form of Exhibit H, as amended, restated, supplemented or otherwise modified from time to time.

  • Canadian Guarantee means the Canadian Guarantee Agreement, made by each of the Canadian Guarantors in favor of the Canadian Administrative Agent for the benefit of the Lenders to the Canadian Borrower, substantially in the form of Exhibit A-1, as the same may be amended, supplemented or otherwise modified from time to time.

  • Guaranty means, with respect to any Person, any obligation (except the endorsement in the ordinary course of business of negotiable instruments for deposit or collection) of such Person guaranteeing or in effect guaranteeing any indebtedness, dividend or other obligation of any other Person in any manner, whether directly or indirectly, including (without limitation) obligations incurred through an agreement, contingent or otherwise, by such Person:

  • Subsidiary Guaranty means, collectively, the Subsidiary Guaranty made by the Subsidiary Guarantors in favor of the Collateral Agent on behalf of the Secured Parties, substantially in the form of Exhibit F-2, together with each other Guaranty and Guaranty supplement delivered pursuant to Section 6.12.

  • Swap Guarantee If so specified in the Supplement with respect to any Series, the guarantee issued by the Swap Guarantor in favor of the Trust substantially in the form attached as an exhibit to the Swap Agreement.

  • Corporate Guarantee means the guarantee required to be executed hereunder by the Corporate Guarantor in such form as the Bank may agree or require ;

  • Financial guarantee means a performance bond, maintenance bond, surety bond, irrevocable letter of credit, or similar guarantees submitted to the [administering authority] by the responsible party to assure that requirements of the ordinance are carried out in compliance with the storm water management plan.

  • Holdings Guaranty means the Holdings Guaranty made by Holdings in favor of the Collateral Agent on behalf of the Secured Parties, substantially in the form of Exhibit F-1.

  • Subsidiaries Guaranty shall have the meaning provided in Section 6.10.

  • Subsidiary Guaranties means the Domestic Subsidiary Guaranty and each Foreign Subsidiary Guaranty.

  • Securities Guarantee means each guarantee of the obligations of the Company under this Indenture and the Securities by a Guarantor in accordance with the provisions hereof.

  • CONSTRUCTION GUARANTEE means a guarantee at call obtained by the contractor from an institution approved by the employer in terms of the employer's construction guarantee form as selected in the schedule

  • Security Guarantee means the guarantee of the Securities executed by each Guarantor and the notation thereof executed pursuant to the provisions of this Indenture.

  • Guaranty Agreement means a supplemental indenture, in a form satisfactory to the Trustee, pursuant to which a Subsidiary Guarantor guarantees the Company’s obligations with respect to the Securities on the terms provided for in this Indenture.

  • Capital Securities Guarantee means the guarantee agreement that the Company enters into with Wilmington Trust Company, as guarantee trustee, or other Persons that operates directly or indirectly for the benefit of holders of Capital Securities of the Trust.

  • Refund Guarantee means a, or if more than one, each refund guarantee arranged by the Yard in respect of a Pre-delivery Installment and provided by one or more financial institutions contemplated by the Construction Contract, or by other financial institutions reasonably satisfactory to the Lead Arrangers, as credit support for the Yard’s obligations thereunder.

  • Permitted Guarantees means any guarantee: