Subsidiary Financing definition

Subsidiary Financing means the financing to be made out of the proceeds of the Financing provided to each Entity under a Subsidiary Agreement.

Subsidiary Financing means a loan provided or to be provided by a Project Implementing Entity to a Participating Utility or a Participating Municipality, as the case may be, under a Subsidiary Financing Agreement (as hereafter defined) from the proceeds of the Credit provided to such Project Implementing Entity under a Subsidiary Credit Agreement.

Subsidiary Financing means financing arrangements provided to any Subsidiary of a Borrower. For the avoidance of doubt, any Subsidiary Financing shall not be secured by the Collateral.

Examples of Subsidiary Financing in a sentence

• The following event is specified as an additional condition to the effectiveness of the Loan Agreement within the meaning of Section 12.01 (c) of the General Conditions, namely, that at least one Subsidiary Financing Agreement has been executed on behalf of the Borrower and a Participating Bank.

• To facilitate the further carrying out of the Project by the Project Implementing Entity, the Recipient shall make the proceeds of the Financing available to the Project Implementing Entity under the Subsidiary Financing Agreement, as amended in furtherance thereof.

• The Additional Conditions of Effectiveness consists of the following, namely, that (a) the Subsidiary Financing Agreement has been updated, satisfactory to the Association, to reflect the implementation arrangements under this Financing; and (b) the Co-financing Agreement between the World Bank and the Recipient has been executed and delivered and all condition precedent to its effectiveness (other than the effectiveness of this Agreement) have been fulfilled.

• The principal amount to be relent out of the proceeds of the loan to a PFI under its respective Subsidiary Financing Agreement shall be: (a) denominated in Deutsche Marks in accordance with the applicable laws and regulations of the Borrower; and (b) the equivalent of the aggregate amount of the principal of all Sub-loans made by the PFI out of the proceeds thereof.

• The following event is specified as an additional condition to the effectiveness of the Development Credit Agreement within the meaning of Section 12.01(b) of the General Conditions, namely, that the Subsidiary Financing Agreement has been executed on behalf of the Borrower and PPAF.

More Definitions of Subsidiary Financing

Subsidiary Financing means individually the UECC Subsidiary Financing, or the UCC Subsidiary Financing or the PSFU Subsidiary Financing.

Subsidiary Financing means the subsidiary financing provided by the Project Implementing Entity to the Sarajevo Canton under a Subsidiary Financing Agreement.

Subsidiary Financing means the sale and purchase of shares of the Ordinary Shares of Inovio Asia Pte. Ltd., the Company’s subsidiary organized in the Republic of Singapore (“IAPL”), pursuant to the Securities Purchase and Exchange Agreement between IAPL, the Company and certain purchasers named therein, to be dated of even date herewith and to close concurrently with the Closing.

Subsidiary Financing means the amount to be on-lent/transferred out of the proceeds of the Loan to XXXX pursuant to the Subsidiary Agreement.

Subsidiary Financing means the amount equivalent to the aggregate amounts of principals of all Sub-loans made by a respective Eligible PFI, as referred to in Section I.B.2(f) of Schedule 2 to this Agreement.

Subsidiary Financing means the amount of the Financing allocated from time to time to Category (1).

Subsidiary Financing means a loan made or proposed to be made by FONADER, out of the Borrower’s contribution and out of the proceeds of the Loan, for a pilot medium-size plantation in accordance with Section 2.02 (a) (ii) of this Agreement.