Ipak Yuli Bank definition

Ipak Yuli Bank means the Open Joint Stock Innovation Commercial Bank Ipak Yuli established under the laws and regulations of the Borrower and has its registered address at 2 Abdulla Qodiriy Street, Tashkent, 100017, Uzbekistan;
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Examples of Ipak Yuli Bank in a sentence

  • Ipak Yuli Bank shall maintain records and accounts adequate to record the progress of the Project and of each Qualified Subproject (including the cost thereof) and to reflect, in accordance with consistently maintained sound accounting principles, the operations and financial condition of Ipak Yuli Bank.

  • Ipak Yuli Bank shall not make a Subloan to any Qualified Subborrower unless such Qualified Subborrower has at its disposal, or has made appropriate arrangements to obtain as and when required, all local currency funds, including adequate working capital, and other resources which are required by such Qualified Subborrower for the carrying out of its Qualified Subproject in respect of which the Subloan is to be made.

  • Ipak Yuli Bank shall comply with applicable laws and regulations in Uzbekistan and international standards (i.e. the Financial Action Task Force Recommendations on Money Laundering and Financing of Terrorism) on anti-money laundering and financing of terrorism.

  • Ipak Yuli Bank shall ensure that (a) necessary budgetary and human resources are made available to fully implement the ESMS; and (b) each Qualified Subborrower makes necessary budget and human resources to fully implement the EMP for the Qualified Subproject, where applicable.

  • Ipak Yuli Bank shall ensure that for each Qualified Subproject, at least 30% of the subproject costs shall be met by equity contribution from the Qualified Subborrower.

  • Ipak Yuli Bank shall ensure that at least 50% of all Subloans made by it shall be for loan amounts not exceeding $10,000 equivalent each, with the exception of Subloans to Microcredit Organisations as set forth in paragraph 9 of this Schedule.

  • Ipak Yuli Bank shall at all times make adequate provision to protect itself against any loss resulting from changes in the rate of exchange between SUM and the currency or currencies in which Ipak Yuli Bank's outstanding money obligations will have to be met.

  • In the event that there is any such impact, Ipak Yuli Bank shall ensure that they adhere to applicable laws and regulations of the Borrower and the SPS.

  • Ipak Yuli Bank acknowledges that ADB may disclose to any competent national or international authority any information obtained by ADB in relation to Ipak Yuli Bank's level of compliance with such laws and regulations and international standards.

  • Ipak Yuli Bank shall ensure that it remains financially sound throughout the Project implementation period.

Related to Ipak Yuli Bank

  • SBI / Bank means State Bank of India (client) a body Corporate created under SBI Act 1955, having one of its Circle Office at State Bank of India, III/1 Pandit Jawaharlal Nehru Marg, Bhubaneswar- 01 and includes the client’s representatives, successors and assigns.

  • L/C Bank means the Original L/C Bank and any other Lender which has been appointed as an L/C Bank in accordance with Clause 5.11 (Appointment and Change of L/C Bank) and which has not resigned in accordance with paragraph (c) of Clause 5.11 (Appointment and Change of L/C Bank).

  • Graham + Sibbald /"we"/"us"/"our" means Graham + Sibbald LLP, a limited liability partnership incorporated in Scotland (Registered Number SO307130) and having its registered office address at Seabraes House, 18 Greenmarket, Dundee, DD1 4QB.

  • IMRO means the Irish Music Rights Organisation CLG.

  • IRDAI means the Insurance Regulatory and Development Authority of India.