Special Funds resources definition

Special Funds resources shall refer to the resources of any Special Fund and shall include: (i) funds accepted by the Bank for inclusion in any Special Fund; (ii) funds received in respect of loans or guarantees, and the proceeds of any equity investments, financed from the resources of any Special Fund which, under the rules and regulations of the Bank governing that Special Fund, are received by such Special Fund; (iii) income derived from investment of Special Funds resources; and (iv) any other resources placed at the disposal of any Special Fund.
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Special Funds resources shall refer to the resources of any Special Fund and shall include:
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Special Funds resources means "Special Funds resources" of ADB as defined in Article 20 of the Articles of Agreement of ADB; and
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Examples of Special Funds resources in a sentence

  • Expenses appertaining directly to special operations shall be charged to the Special Funds resources.

  • The ordinary resources and the Special Funds resources of the Bank shall at all times and in all respects be held, used, committed, invested or otherwise disposed of entirely separately from each other.

  • The ordinary resources of the Bank shall, under no circumstances, be charged with, or used to discharge, losses or liabilities arising out of special operations or other activities for which Special Funds resources were originally used or committed.

  • Expenses appertaining directly to the special operations shall be charged to Special Funds resources.

  • The ordinary capital resources of the Bank shall under no circumstances be charged with, or used to discharge, losses or liabilities arising out of special operations or other activities for which Special Funds resources were originally used or committed.

  • Special operations shall be those financed from the Special Funds resources.

  • The ordinary capital resources and the Special Funds resources of the Bank shall at all times and in all respects be held, used, committed, invested or otherwise disposed of entirely separate from each other.

  • Special operations shall be those financed from the Special Funds resources referred to in Article 20 of this Agreement.

  • ADB agrees to make available to the Recipient from ADB's Special Funds resources on terms and conditions set forth in this Grant Agreement an amount of five million Dollars ($5,000,000).

  • ADB agrees to make available to the Recipient from ADB's Special Funds resources on terms and conditions set forth in this Grant Agreement an amount of twenty million Dollars ($20,000,000).


More Definitions of Special Funds resources

Special Funds resources means, in relation to the Guarantor, the resources of any special fund and includes the resources initially contributed to any special fund, funds accepted by the Guarantor for inclusion in any special fund, funds repaid in respect of loans or guarantees financed from the resources of any special fund which are received by such special fund, income derived from operations of the Bank that accrues to any special fund and any other resources placed at the disposal of any special fund.
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