Risk Sharing Framework Agreement definition

Risk Sharing Framework Agreement means the agreement between the Association, the International Finance Corporation, and the Recipient in relation to the sharing of credit risk over portfolios of small and medium enterprise and / or microfinance institution loans, as the same may be modified from time to time by written agreement among said parties;
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Risk Sharing Framework Agreement means the agreement entered into or to be entered into between the Recipient, IFC (acting as obligor for its own account), IFC (acting as facility agent of the RSF), and the Association (acting as provider of financing to the Recipient) pursuant to Section I.B.1 of Schedule 2 to this Agreement, as the same may be amended or supplemented from time to time by written agreement among the parties thereto.
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Examples of Risk Sharing Framework Agreement in a sentence

  • Deposits into, and payments out of the RSF Trust Fund shall be made in accordance with the terms and conditions set forth in this Agreement and the Risk Sharing Framework Agreement.

  • Refunds to the Association made pursuant to paragraphs 3 and 4 of this Section I.C or otherwise pursuant to the provisions of the Risk Sharing Framework Agreement shall be credited to the Credit Account for subsequent withdrawal or for cancellation in accordance with the relevant provisions of this Agreement, including the General Conditions.

  • The proceeds of the Credit deposited in the RSF Trust Fund shall be used exclusively for First Loss Coverage, subject to the terms of this Agreement and the Risk Sharing Framework Agreement.

  • The Recipient shall monitor and evaluate the progress of Parts 2, 3 and 4 of the Project, and prepare Project Reports in accordance with the provisions of Section 4.08 of the General Conditions on the basis of indicators acceptable to the Association, and entrust IFC to do the same for Part 1 of the Project under the Risk Sharing Framework Agreement.

  • Such inconsistent use shall include, without limitation, use of such amount to make a payment for an expenditure that is not an Eligible Expenditure in accordance with the terms of this Agreement, the Risk Sharing Framework Agreement, or any Risk Sharing Agreement.

  • The Additional Events of Suspension consists of the following: (a) the Risk Sharing Framework Agreement has been suspended or terminated in accordance with its terms; or (b) any Participating Financial Intermediary shall have failed to perform any of its obligations under their respective Risk Sharing Agreement.

  • The Additional Legal Matter consists of the following, namely, the Risk Sharing Framework Agreement and the Risk Sharing Agreement mentioned in Section 5.01(b) above have each been duly authorized or ratified by the Recipient and the First Participating Financial Intermediary, respectively, and is legally binding upon the Recipient and the First Participating Financial Intermediary, as the case may be, in accordance with their respective terms.

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  • Deposits into, and payments out of, the Risk Sharing Account shall be made in accordance with the terms and conditions set forth in this Agreement and the Risk Sharing Framework Agreement.

  • Except as the Association shall otherwise agree, the Recipient shall not assign, amend, abrogate or waive, or permit to be assigned, abrogated, or waived the Risk Sharing Framework Agreement or any provisions thereof.

Related to Risk Sharing Framework Agreement

  • Framework Agreement means the Clauses of this Framework Agreement together with the Framework Schedules and annexes to it;

  • Allocation Agreement means the agreement (cfr. Allocation Agreement Form as published on the Fluxys Belgium website) entered into by the TSO, the Network User and the End User and other Network Users, if any, in respect of allocation of quantities taken off or injected by one or more Network Users, at the End User Domestic Point.

  • Transition Services Agreement means the transition services agreement substantially in the form attached hereto as Exhibit B.

  • Arrangement Agreement has the meaning ascribed thereto in the recitals hereof;

  • Master Agreement has the meaning specified in the definition of “Swap Contract.”