Form of Credit facility to Banks - Agence Française de Développement

SCHEDULE 1A- DEFINITIONS
Agreement
Applicable Accounting
Principles
Auditors
Authority(ies)
means this Facility agreement, including its recitals, Clauses,
Schedules and, if applicable, any future written amendments
thereto.
means the IFRS (International Financial Reporting Standards)
rules, as promulgated and interpreted by the IASB (International
Accounting Standards Board) 23 .
means the auditors of the Borrower.
means any government or any body, department, commission
exercising a public prerogative or any administration, court,
agency or state or any governmental, administrative, tax or
judicial entity.
Authorization(s) means any consents, registrations, filings, conventions,
certificates, authorizations, approvals, permits and/or mandates, or
any exemptions thereof, obtained from or provided by an
Authority, whether granted by means of an explicit act or due to
an absence of answer within a defined time limit, as well as any
approvals and consents granted by the managing bodies, creditors
and shareholders of the Borrower.
Available Credit
Availability Period
Average Residual Term
Beneficial Owner
Business Day
Clause
Client(s) Beneficiary(ies)
means, at a given period of time, the maximum principal amount
set out in Clause 2.1 (Facility), less (i) the amount of the
Drawdowns made, (ii) the amount of the Drawdowns to be made
pursuant to the ongoing Drawdown Requests and (iii) the portions
of the Facility cancelled pursuant to the provisions of Clause 8.3
(Cancellation by the Borrower) and Clause 8.4 (Cancellation by
the Lender).
means the period from the Signing Date to the Deadline for
Drawdown.
means the average, expressed as a number of calendar days, of
terms remaining for each instalment, weighted by the
corresponding amounts of flux in principal.
means the individual or individuals who ultimately own or
exercise Control over the Client Beneficiary and/or the person for
whom the Eligible Loan is executed.
means a full day other than a Saturday or a Sunday or public
holiday on which banks are open for business in Paris (France).
means a clause contained in this Agreement.
means each natural or legal person who is a customer of the
23 Definition to be modified according the accounting principals applicable to the Borrower (to the satisfaction of
the Lender).
33