Examples of Subproject Beneficiary in a sentence
An appraisal committee, with representatives from MIWD, RWB and the District Assembly, shall evaluate whether or not a proposed Subproject Beneficiary has met the requirements at each stage of the process.
On the basis of the MOA, the Recipient shall cause NDFC, as the financial intermediary of the Recipient, to make a portion of the proceeds of the OTF Grant available to each Subproject Beneficiary to carry out its respective Subproject, under the Project, under a Subgrant Agreement, which shall have been approved by the Trustee, to be entered into between NDFC and each Beneficiary in accordance with the provisions of Section 3.05 of, and Schedule 4 to, this Agreement.
Table8: Weighted Average Cost of Capital – Rice Mill Subproject Beneficiary ProjectCommercial LoanEquityTotalWeight (%)60.0%30.0%10.0%100.0%Nominal Cost (%)8.0%13.0%20.0% Tax Rate (%)0.0%24.0%0.0% Tax Adjusted Nominal Cost (%)8.0%9.9%20.0% Inflation Rate (%)1.5%1.5%1.5% Real Cost (%)6.4%8.3%18.2% Weighted Component of WACC (%)3.8%2.5%1.8% WACC (Real Terms) 8.1%WACC = weighted average cost of capital.