Risk Sharing Facility definition

Risk Sharing Facility means, individually, a risk sharing facility in respect of small and medium enterprise and / or microfinance institution loans originated and held by a Participating Bank financed or to be financed out of the proceeds of the Credit under Part B.5 of the Project; and “Risk Sharing Facilities” means, collectively, more than one (1) Risk Sharing Facility;

Risk Sharing Facility and “RSF” each means the facility established or to be established to provide Partial Credit Guarantees to Participating Financial Intermediaries in local currency to be issued by IFC as an agent of the Recipient to cover losses in respect of portfolios of loans to SMEs, originated and held by Participating Financial Intermediaries; such partial credit guarantees to be provided pursuant to a Risk Sharing Agreement.

Risk Sharing Facility or “RSF” means the risk sharing facility created and administered by or on behalf of Guangdong Province for the purposes of the sharing of risk over a portfolio or individual loans for Food Safety Sub-projects originated and held by PFIs.

Examples of Risk Sharing Facility in a sentence

• In addition, GoCI will entrust IFC to open and maintain on its behalf an account (the Risk Sharing Facility Account) that will receive part of the proceeds of the credit and will be used to make payments under the RSF (in accordance with the terms and conditions established in the Risk Sharing Facility Framework Agreement).

• FMO launches First Risk Sharing Facility for Syrian Refugees in Jordan.

• Implementation of the guarantee mechanism will be split between two instruments – the IFC’s Risk Sharing Facility, and the National Guarantee and Small and Medium Enterprise Assistance Fund (FONAGA) – in order to target both SMEs and farmers.

• The Recipient shall adopt a Risk Sharing Facility Operations Manual, in form and substance satisfactory to the Association, setting out implementation, organizational, administrative, monitoring and evaluation, environmental and social monitoring and mitigation, financial management, and disbursement arrangements for purposes of the management and operations of Risk Sharing Facilities.

• The IBRD Loan will be on-lent by the Ministry of Finance (MoF) to PFIs for financing energy efficiency investments made by IEs/ESCOs. The IDA Credit will provide capacity building support to MoIT on implementation and monitoring of energy efficiency measures. Component 1: Risk Sharing Facility (RSF) (US$78 million in total, including US$75 million GCF Guarantee and US$3 million GCF Grant).

• The Recipient shall: (a) ensure that the Project is carried out in accordance with the Project Operations Manual, including the Project Financial Management Manual, and the Risk Sharing Facility Operations Manual; and (b) except as the Association shall otherwise agree, not assign, amend, abrogate, or waive, or permit to be assigned, amended, abrogated, or waived, the aforementioned, or any provision thereof.

• The IFC’s Risk Sharing Facility improved the ability of local banks (NDB and CBC) to fund projects in emerging RE technologies.

• As of 31.12.2014 the remaining balance of loans granted under the programme is BGN 32 million.o Portfolio Risk Sharing Facility Agreement.

• The project will provide support to MSMEs through Reimbursable Financial Assistance facilitated by SDAs (Component 1) and a Portfolio Risk Sharing Facility facilitated by the State Guarantee Fund that could be used by PFIs (Component 2).

• Examples include the new Mongolia PPP program, new collaboration in the Pacific fisheries sector, and Papua New Guinea Risk Sharing Facility.