Single Currency Facility definition

Single Currency Facility means the facility the Bank has established to lend in certain convertible currencies which the Bank selects from time to time.
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Single Currency Facility means the facility established by the Bank chargeable to its ordinary capital.
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Examples of Single Currency Facility in a sentence

  • For Single Currency Facility Loans in currencies other than U.S. dollar Single Currency Facility Loans, this fee shall be paid in the currency of the particular Loan.

  • For Single Currency Facility Loans, disbursements and payments of amortization and interest shall be in the Single Currency of the particular Loan.

  • The amounts disbursed from the Financing shall constitute the “Loan.” The Loan shall be a Single Currency Facility Loan with a LIBOR-Based Interest Rate.

  • If the Borrower elects to change the interest rate alternative of a Single Currency Facility Loan pursuant to Section 2.03 of these Special Conditions and Article 4.01(g) of the General Conditions, the Borrower shall pay interest at a rate determined pursuant to the provisions of Article 3.04 of the General Conditions for a Single Currency Facility Loan with a LIBOR-Based Interest Rate.

  • In accordance with this Contract, the Bank agrees to grant to the Borrower, and the Borrower accepts, a financing, hereinafter a “Financing,” chargeable to the resources of the Single Currency Facility of the ordinary capital of the Bank, of up to the amount of fifty million dollars (US$50,000,000), that form part of such resources.

  • In accordance with this Contract, the Bank agrees to grant to the Borrower, and the Borrower accepts, a financing, hereinafter a “Financing,” chargeable to the resources of the Single Currency Facility of the ordinary capital of the Bank, of up to the amount of forty million dollars (US$40,000,000) that form part of such resources.

  • The amount of the Financing shall be disbursed in dollars from the Single Currency Facility of the ordinary capital resources of the Bank, in one installment, provided that the Borrower has complied with all the conditions set forth in this Chapter of the Special Conditions and in Chapter IV of the General Conditions.

  • If the Borrower elects to change the interest rate alternative of a Single Currency Facility Loan pursuant to Section 2.03 of these Special Conditions and Article 4.01(g) of the General Conditions, the Borrower shall pay interest at a rate determined pursuant to the provisions of Article 3.04 of the General Conditions for a Single Currency Facility Loan with an Adjustable Interest Rate.

  • The Loan shall be a Single Currency Facility Loan with a LIBOR-Based Interest Rate.

  • In accordance with this Contract, the Bank agrees to grant to the Borrower, and the Borrower accepts, a financing (hereinafter referred to as the “Financing”), chargeable to the resources of the Single Currency Facility of the ordinary capital of the Bank, of up to the amount of forty five million dollars of the United States of America (US$45,000,000), that form part of such resources.