Examples of Takeout Financing in a sentence
Take-out Financing Banks may enter into take-out financing arrangement with IDFC/ other financial institutions or avail of liquidity support from IDFC/ other FIs. A brief write-up on some of the important features of the arrangement is given in paragraph 2.3.8.8(i).
Take-out Financing Up to 20% of the ADB funds may be used to refinance individual loans or loan portfolio consisting of infrastructure projects from other financial institutions/banks under each tranche.
For infrastructure projects eligible for the Takeout Finance Scheme but yet to achieve financial closure as on the Effective Date, IIFCL may also take certain direct exposure under SIFTI along with the Lenders.In case of Takeout Financing IIFCL's total exposure including direct lending shall not exceed 30% of the Total Project Cost, subject to applicable regulatory norms.
Mumbai Metro One Submitted By: Ravish Sharan- D053 Ritika Tiwari- E058 Ritesh Chopra- E008Rohan Kashyap- E022 Submitted To:DR Anupam RastogiAcknowledgement We, students of MBA-Core, NMIMS, Mumbai would like to thank Dr. Anupam Rastogi for giving us this opportunity to undertake the project- Analyse the quantum of debt that can be offloaded using Modified Takeout Financing Scheme by IIFCL for Mumbai Metro One.
Section 6.12 to the Loan Agreement is hereby deleted in its entirely and replaced with the following: 6.12 Bailee Letters, Take-out Financing .