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;
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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.
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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.
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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).

  • However, for some investments possible under the Risk Sharing Facility, there are specific industry sector guidelines that also would apply in addition to the General EHSG.

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

  • The approved projects include: (i) USD 20 million for proposal (FP028) titled “Business Loan Programme for GHG Emissions Reduction” submitted by Mongolia-based XacBank to which GCF has disbursed its total commitment of USD 20 million; and (ii) another USD 20 million for proposal (FP048) titled “Climate-Smart Agriculture (CSA) Risk Sharing Facility for MSMEs” submitted by the Inter-American Development Bank to be implemented in Guatemala and Mexico.

  • This project component envisions designing and rolling out of a Risk Sharing Facility expected to be implemented through the State Bank of Pakistan (SBP) or another institution, which will be decided at later stage (at the beginning of project implementation) based on the study funded by DFID.

  • To this end, the Recipient shall carry out the Project through the Ministry of Finance and Planning, using the services of the Risk Sharing Facility Agent with respect to Part 1(b) of the Project, in accordance with the provisions of Article IV of the General Conditions.

  • The details are further explained in Annex 3.Annex 3: Implementation ArrangementsINDIA: Partial Risk Sharing Facility for Energy Efficiency A.

  • 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.

  • Components involving commercial lending instruments (Financial Intermediation), i.e. the Line of Credit (LoC) for financing microfinance enterprises (component 3(a)) and Risk Sharing Facility (RSF) that would provide support to private sector financial institutions in the form of a partial credit guarantee of their loans to private sector SMEs (Component 3(b)-Activity 1).

  • Beneficiary SMEs of line of credit (Component 1) and Risk Sharing Facility (Component 2) are expected to engage in diverse types of activities, some of which may have some negative environmental and/or social impacts and risks.

Related to Risk Sharing Facility

  • Infrastructure facility means a building; structure; or networks of buildings, structures, pipes, controls, and equipment, or portion thereof, that provide transportation, utilities, public education, or public safety services. Included are government office buildings; public schools; courthouses; jails; prisons; water treatment plants, distribution systems, and pumping stations; wastewater treatment plants, collection systems, and pumping stations; solid waste disposal plants, incinerators, landfills, and related facilities; public roads and streets; highways; public parking facilities; public transportation systems, terminals, and rolling stock; rail, air, and water port structures, terminals, and equipment.

  • Existing Facility means a facility in existence on any given date, newly constructed or altered.

  • Cannabis processing facility means a person that:

  • Onshore facility means any facility any part of which is located in, on, or under any land of the state, other than submerged land, that because of its location, could reasonably be expected to cause substantial harm to the environment by discharging oil into or on the navigable waters of the state or the adjoining shorelines.