Examples of Yen Loans in a sentence
Based on such recognition, the ODA Charter states “the objectives of Japan’s ODA are to contribute to the peace and development of the international com- munity, and thereby to help ensure Japan’s own security and prosperity.” The Japan Bank for International Cooperation (JBIC) will strive to achieve these goals by efficiently and effectively executing overseas economic cooperation operations, the most important part of which are Japanese ODA Loans (Yen Loans).
Subject to the terms and conditions hereof, the Borrowers may borrow, repay and reborrow Japanese Yen Loans hereunder until the Maturity Date.
The applicable Borrower shall pay to the Japanese Yen Lender on demand the amount of such Japanese Yen Loans to the extent that the Revolving Credit Lenders fail to refund in full the outstanding Japanese Yen Loans requested or required to be refunded.
Unless otherwise specified, for purposes of this Agreement, any determination of the amount of any outstanding Revolving Credit Loans, Japanese Yen Loans, Swingline Loans, L/C Obligations or other Obligations shall be based upon the Dollar Amount of such outstanding Obligations.
Each Revolving Credit Lender shall fund its respective Revolving Commitment Percentage of such Revolving Credit Loan as required to repay Japanese Yen Loans outstanding to the Japanese Yen Lender upon such demand by the Japanese Yen Lender in no event later than 1:00 p.m. (Charlotte time) on the next succeeding Business Day after such demand is made.
Based on the aid policy of the Government of Japan for Bangladesh, the Japan International Cooperation Agency (JICA) is considering the power sector as one of priority areas assisting Bangladesh not only by Yen Loans to the construction of power plants (gas combined cycle, super-critical using import coal and hydropower), transmission and distribution lines and development of renewable energy but also by Technical Assistance such as the master plan for energy efficiency.
Since then Japan has been extending ODA to India mainly in the form of Yen Loans (95% of Japan’s ODA to India is Yen Loans).
Each Revolving Credit Lender acknowledges and agrees that its obligation to refund Japanese Yen Loans in accordance with the terms of this Section is absolute and unconditional and shall not be affected by any circumstance whatsoever, including, without limitation, non-satisfaction of the conditions set forth in Article V.
The Regional Telecommunications Development Project (RTDP) was carried out as part of the National Telephone Program.RTDP was implemented in Regions I and II, Phase A, under the Ninth Yen Loans.
On procurement of contracts, IAs should: a) share lessons learned and good practices in procurement; b) shorten and reduce required number of signatures for procurement and other transactions; c) consider higher threshold for international competitive bidding in order that more national competitive bidding will be undertaken; d) look more deeply into cases of high bids (bids way above agency estimates); and e) document experiences in JBIC Special Yen Loans.