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

  • A Risk Sharing Framework Agreement will be signed by the Ministry of Industry and SMEs, IFC and IDA.

  • 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.

  • 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 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.

  • Role of Students ● Students will attend school consistently, be on time, be prepared, and take responsibility for making up any work promptly when absent.

  • To this end, the Recipient shall: cause Part 1 of the Project to be carried out through IFC, in accordance with the Risk Sharing Framework Agreement, and the Risk Sharing Agreements; and carry out Parts 2, 3, and 4 of the Project through DCI, in accordance with the provisions of Article IV of the General Conditions.

  • The agreed conditions for effectiveness consist of the following, namely, the Risk Sharing Framework Agreement and at least one (1) Risk Sharing Facility Agreement, all satisfactory to IDA, have been executed and delivered and all conditions precedent to their effectiveness (other than the effectiveness of the Financing Agreement) have been fulfilled.

  • Pursuant to a Risk Sharing Framework Agreement to be entered intobetween IFC, GoPNG and IDA, among other things, a trust fund will be set up by the IFC on behalf of GoPNG.

  • Under a Risk Sharing Framework Agreement between IDA, GoPNG, and IFC, GoPNG would agree to use IDA funds to provide ‗first loss‘ coverage of up to USD11.67 million (i.e., 10 percent of total portfolio amount),13 resulting in an IFC net exposure of approx.

  • Questionnaires have the advantage of obtaining data more efficiently in terms of researcher time, energy and cost and it is one of the most appropriate data collection instruments for survey research.

Related to Risk Sharing Framework Agreement

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

  • Client Agreement means the agreement between the Company and the Client, which together with the Terms of Business are defined as “Operative Agreements” and govern the terms on which the Company deals with the Client.

  • Customer Agreement means a written agreement entered into between Provider and any Customer pursuant to which a Customer orders BPO Services from Provider.