Examples of Risk sharing arrangement in a sentence
The Bank does not purchase doubtful receivables.5. The extent of risk bearing(i) Recourse arrangement: the Entitled Party of the receivables undertakes recourse in the case of the sold receivables in the event of the existence of the conditions specified in the framework contract.(ii) Risk sharing arrangement: the Entitled Party of the receivables and the Bank share the risk of the non- performance of the Obligor.
The Administering Authority reserves the right to change the level of fixed contribution in the event of a significant change in funding position or to the economic outlook, or a change in employer circumstances (e.g. a significant change in membership).Note (c) Risk sharing arrangement An Awarding Authority may enter into a ‘risk sharing’ arrangement with a participating employer (typically a contractor).
Case Study Eight: Risk sharing arrangement consistent with Shariah principlesParticipants’ contributionsIslamic investmentsExplicitService feesproviders’ fundParticipants’ fundIslamic investmentsExpensesPayments to participantsRisk spreading arrangements 39 Takaful (Insurance): Under the takaful contract parties invest in a pooled investment vehicle where they joint-guarantee each other against specified events and profits are paid out to investors upon the occurrance of a specified event.