Examples of IDB Loan Agreement in a sentence
Account № 200950 (Agricultural Sector Loan) relates to the IDB Loan Agreement № 660-SF/GY, which was entered into in October 1981.
The IDB Loan Agreement shall have been amended, suspended, abrogated, repealed or waived so as to, in the opinion of the Bank, affect materially and adversely the ability of the Borrower to perform any of its obligations under the Loan Agreement.
The IDB Loan Agreement shall have failed to become effective by December 31, 2004, or such later date as the Bank may agree; provided, however, that the provisions of this paragraph shall not apply if the Borrower establishes to the satisfaction of the Bank that adequate funds for the Project are available to the Borrower from other sources on terms and conditions consistent with the obligations of the Borrower under this Agreement.
The IDB Loan Agreement shall have failed to become effective by May 31, 1992, or such later date as the Bank may agree; provided, however, that the provisions of this paragraph shall not apply if the Borrower establishes to the satisfaction of the Bank that adequate funds for the Project are available to the Borrower from other sources on terms and conditions consistent with the obligations of the Borrower under this Agreement.
Pursuant to such disbursements progress reviews, the Bank and DRI shall agree on any actions and measures to ensure that withdrawal of the proceeds of the Loan be made pari-passu and at the rate of approximately 50/50 with the withdrawal of proceeds under IDB Loan Agreement.
The IDB Loan Agreement shall have entered into full force and effect.
At the Closing, Buyer shall assume all of the obligations and duties of Seller under the IDB Loan Agreement and will deliver the Assignment and Assumption Agreement in the form attached as Exhibit 2.2.3.
The right of the Borrower to withdraw the proceeds of the IDB Loan Agreement has not been suspended, cancelled or terminated, in whole or in part, or the IDB Loan has become due and payable prior to the agreed maturity thereof provided that the Parties could not have reached an agreement on a mutual solution.
As at 30 June 2003 changes have been made to the occupation factors such that, on average, the assumed rates of claim incidence are about 4% lower than those assumed at 31 December 2002, although this is offset by increases in the average expected claim duration of less than 2%.This continues the trend since 31 December 2000, which reflects underlying experience.
In addition, MOH should also provide a list of commitments and estimated physical financial progress reports or other type of report which will help demonstrate the reasonableness of the amount being requested Advance of funds are based on the Project’s liquidity needs and the risks associated with GOB or the Project’s capacity to manage and use IDB resources (Article and 4.07 General Conditions of the IDB Loan Agreement).