Examples of Subsidiary Finance Agreement in a sentence
The Borrower shall ensure that by the end of 2014, CMC shall have effected revenue increase to the level to cover the O&M cost and to cover debt service owed to the Borrower under the CMC Subsidiary Finance Agreement and allocated such increased revenue for the O&M budget for sewerage operations in CMC service area.
Except as the Borrower and the Association shall agree, the Subsidiary Finance Agreement shall contain the following Project implementation arrangements for purposes of Part A of the Project.
The Borrower shall relend an amount equivalent to SDR 41,630,000 out of the proceeds of the Credit to the Federation under a Subsidiary Finance Agreement to be entered into between the Borrower and the Federation on the same terms and conditions as set forth in Sections 2.04, 2.05, 2.06 and 2.07 of and the Schedule to this Agreement.