OPEC Fund definition

OPEC Fund means the OPEC Fund for International Development established by the Member States of the Organization of the Petroleum Exporting Countries (OPEC) by virtue of the Agreement signed in Paris on January 28, 1976, as amended.
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OPEC Fund means the Organization of Petroleum Exporting Countries Fund for International Development;
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OPEC Fund means the Organization of Petroleum Exporting Countries Fund for International Development; "Process for the Definition and Review of Capital Projects" means the policy document adopted by the Borrower dated March 26, 1997, which describes the process for approving and carrying out capital investment projects in the health sector under the Program; as may be amended from time to time with the prior agreement of the Association;
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Examples of OPEC Fund in a sentence

  • This Model Agreement for Consulting Services for Civil Engineering works / Electrical and Mechanical Works contains standard conditions approved by the Coordination Group consisting of Islamic Development Bank, Abu Dhabi Fund for Development, the OPEC Fund for International Development, the Saudi Fund for Development, Arab Fund for Economic and Social Development, Kuwait Fund for Arab Economic Development, and Arab Bank for Economic Development in Africa.

  • The following is specified as an additional event for suspension of the right of the Borrower to make withdrawals from the Loan Account for the purposes of Section 9.01(l) of the Loan Regulations: the OPEC Fund Loan shall have become liable for suspension for at least 6 months or cancellation or shall have become repayable prior to its agreed maturity date.

  • The Koudougou to Dedougou road segment, funded by the Islamic Development Bank (“BID”), Arab Bank for Economic Development in Africa (“BADEA”), Arab Development Fund (“FAD”), Kuwait Fund for Arab Economic Development, Saudi Fund for Development, OPEC Fund for International Development and the Government, lies in between the Dedougou-Mali border road and the Sabou-Koudougou-Didyr road.

  • In July 2010, the Government of Uganda (GOU), represented by the Ministry of Finance, Planning & Economic Development (MOFPED), secured a long-term Loan from the OPEC Fund for International Development (OFID) to the tune of US$ 22.95 million, to finance Phase I of the Vocational Education (VE) Project.

  • The loan agreements were signed with OFID - OPEC Fund for International Development in September 2014 in the amount of 48.000.000 $ (package A) and 24.000.000 € (package B).

  • The section Donja Gračanica - Drivuša, subsection Klopče - Donja Gračanica has been financed by the loan funds of the OFID - OPEC Fund for International Development.

  • The Project Implementation Unit is obliged to fully follow and respect of all provisions of the Loan Agreements No.1588P and No.1589PB between Bosnia and Herzegovina and OFID - OPEC Fund for International Development as well as all other procedures applied by the OFID, during the construction of Klopče - Donja Gračanica motorway subsection.

  • Working in partnership IFAD and the OPEC Fund work together as partners to finance development programmes and projects in some of the poorest and most vulnerable communities in developing countries.

  • It is recommended that the Executive Board approve the provisions of the agreement entered into by IFAD and the OPEC Fund for International Development on 4 September 2006, in accordance with paragraph 4.05 of the agreement.

  • The US$11 million Development Project in the Zone Lacustre helped farmers, fishers and herders in the northern Niafunké region of the country to conserve water and use improved farming techniques to boost yields.The project received cofinancing from IFAD and the OPEC Fund, and ran from 1987 to 1996.

Related to OPEC Fund

  • Sub-Fund means a segregated pool of assets and liabilities into which the Trust Fund is divided, established under the Trust Deed and the relevant supplemental deed as a separate trust as described in the relevant Appendix.

  • Public fund means the state treasurer or a retirement system.

  • New Fund means each of the series portfolios of the Trust, one of which shall correspond to one of the Current Funds as shown on Schedule A.

  • Revenue Fund means the fund so designated in, and created pursuant to, Section 502 hereof.

  • Provident Fund means any fund (other than a pension fund, benefit fund or retirement annuity fund) which is approved by the Minister in respect of the year of assessment in question: Provided that the Minister may approve a fund subject to such limitations or conditions as he or she may determine, and shall not approve a fund in respect of any year of assessment unless he or she is in respect of that year of assessment satisfied -

  • Enterprise Fund means the enterprise fund of the Recipient in which Revenues are deposited.

  • Investment Fund has the same meaning as in National Instrument 81-106 Investment Fund Continuous Disclosure;

  • Endowment fund means an institutional fund or part thereof that, under the terms of a gift instrument, is not wholly expendable by the institution on a current basis. The term does not include assets that an institution designates as an endowment fund for its own use.

  • Program fund means the program fund established under section 12D.4.

  • Infrastructure fund means the renewable fuel infrastructure fund created in section 159A.16.

  • Fund means any Person (other than a natural person) that is (or will be) engaged in making, purchasing, holding or otherwise investing in commercial loans and similar extensions of credit in the ordinary course of its business.

  • Fresh Funds means funds that:

  • Venture capital fund means a private fund that meets the definition of a venture capital fund in SEC Rule 203(l)-1, 17 C.F.R. § 275.203(l)-1.

  • Stock Fund means that portion of the Trust Fund consisting of Stock.

  • Pension Fund means any person that:

  • Public funds means money belonging to the government.

  • Mutual Fund or “Fund” or “UTIMF” means UTI Mutual Fund, a Trust under the Indian Trust Act, 1882 registered with SEBI under registration number MF/048/03/01 dated January 14, 2003.

  • Subsidy Funds With respect to any Subsidy Loans, funds contributed by the employer of a Mortgagor in order to reduce the payments required from the Mortgagor for a specified period in specified amounts.

  • General Account consists of all our assets other than those held in any separate investment accounts.

  • Special Fund means any fund other than the city general fund.

  • Virginia venture capital account means an investment fund that has been certified by the

  • Loan Fund means the special fund created by the RECIPIENT for the repayment of the principal of and interest on the loan. “Loan Security” means the mechanism by which the RECIPIENT pledges to repay the loan.

  • Community Contribution Company means a corporation formed under the laws of British Columbia that includes in its articles the following statement:

  • Mutual Funds means (i) all open-end mutual funds; and (ii) similar pooled investment vehicles established in non-U.S. jurisdictions, such as registered investment trusts in Japan. For purposes of the Code, Mutual Fund does not include shares of open-end money market mutual funds (unless otherwise advised by Compliance).

  • Surplus Fund means the fund by that name established pursuant to the Second Resolution.

  • PIPE Investment has the meaning specified in the Recitals hereto.