IBRD Guarantee definition

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

Examples of IBRD Guarantee in a sentence

  • 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.

  • 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).

  • This information was used by MEM to, inter alia¸ exclude the use of the IBRD guarantee for sub‐projects which would be defined as Category A under Bank policies.40 The Indigenous Peoples Planning Framework includes a second screening process mandatory for all awardees that have requested the IBRD Guarantee.

  • The proposed AF will reduce tCO2 by 16 million over the life of the IBRD Guarantee, i.e. almost a million tCO2 per year.

  • The Project will reduce tCO2 by approximately 27 million over the life of the IBRD Guarantee, i.e. approximately 1.4 million tCO2 per year.

  • 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 collaboration with the Infrastructure, PPP and Guarantees Group focused on designing and integrating the IBRD Guarantee into the Operation, while work with the Climate Change Group focused on two key areas among others: TCAF (described in Section II.C) and the integration of low-Ozone Depleting Substances (ODS) and low-Global Warming Potential (GWP) refrigerants along with energy efficient air-conditioners (explained further in Annex 1 and 3).

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

  • IBRD Guarantee fees are determined from time to time by the Board.

  • The IBRD Guarantee is expected to be used to support both small scale and large scale Sub-projects23 while the CTF Guarantee will be used only for large scale Sub-projects.

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 by Parent Guarantor of the obligations of the Issuer under this Indenture and the Securities in accordance with the provisions of this Indenture.

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

  • Guarantee used 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 D, made by the Subsidiary Loan Parties in favor of the Administrative Agent for the benefit of the Lenders.

  • 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 is defined in Section 9.7(a).

  • 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 a guarantee of the obligations of the Borrowers under this Agreement and the other Finance Documents to which each Borrower is a party, in the Agreed Form;

  • 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 Administrative Agent on behalf of the Secured Parties, substantially in the form of Exhibit F.

  • 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 an agreement executed by the Guarantors in substantially the form of Exhibit F-2 unconditionally guarantying on a joint and several basis, payment of the Indebtedness, as the same may be amended, modified or supplemented from time to time.

  • 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.

  • Guarantee Agreements means the Parent Guarantee Agreement and the Subsidiary Guarantee Agreement.