Policy Breach definition
Policy Breach means (i) in the case of IFC and GIF, a failure by the Company to comply with any provision set out in the policy agreement, dated as of July 22, 2015, by and between the Company, IFC and GIF or any term set out in Schedule K of the Shareholders’ Agreement; (ii) in the case of DEG, the engagement by the Company or any of its subsidiaries in any of the excluded activities set out in Schedule O of the Shareholders’ Agreement; and (iii) in the case of Proparco, a failure by the Company to comply with any term set out in Schedule P of the Shareholders’ Agreement.