Holding Currency is the currency specified in the Contribution Agreement / Arrangement, or in governance documents, in which the funds are held.Īny entity receiving funds from a Financial Intermediary Fund, which is responsible for execution of activities by using those funds as approved by the governing body of the Financial Intermediary Fund.Ī portion of a Contribution paid or to be paid as planned in the payments schedule for the Contribution.Īn instrument provided by a Contributor unconditionally committing to provide funds to the IBRD, as Trustee for the Global Environment Facility, under a Replenishment Resolution. Grant Contribution means a grant contribution provided to the Trust Fund by any Contributor.
#Define reflow plus#
The drawdown of cash under a Promissory Note or any other instrument acceptable to the Trustee.įunds that involve financial engineering or complex financial schemes, or where the Bank provides a specified set of administrative, financial, or operational services.Īn agreement between a World Bank entity, as Trustee of a FIF, and a Supervising Entity, setting out the financial procedures pursuant to which the Trustee makes commitments and transfers of funds to the Supervising Entity under terms that do not involve Bank responsibility post-transfer.Ī decision taken by an authorizing body to provide funding for specific purposes.Īssets available to support funding decisions, as calculated under a specific basis of commitment.Ĭash and Investments plus Promissory Notes, or any other instrument, received but not encashed. It includes Contribution amounts that have not yet become due and amounts that are past due.Īny entity, which may include a World Bank Group entity, making a Contribution to a Financial Intermediary Fund.Īny request for payment of installment of the Contribution, submitted to a Contributor by the Trustee, substantially in the form attached in a Contribution Agreement/Arrangement. The funds provided and to be provided by a Contributor to a Financial Intermediary Fund, as specified in Contribution Agreements/Arrangements, or in an Instrument of Commitment.Ī legally binding document between a Contributor and the World Bank, acting in its capacity as Trustee for a Financial Intermediary Fund, that specifies the currency, amount, and payment dates of a contribution and the terms and conditions for administering the Contributions.Ĭontribution or Installment provided in the form of cash, Promissory Note, or other instrument acceptable to the Trustee.Ĭontribution amount or Installment thereof that has not been received by the agreed due dates as specified in Contribution Agreements/Arrangements.Īny portion of a Contribution that is not a Qualified Contribution to be received in the form of Cash or Promissory Note or any other instrument acceptable by the Trustee.Ĭontribution or Installment, which is yet to be paid.
The amount of Trust Fund Assets available for future Commitments.Ī Contribution, or Installment, subject to conditions being met, as specified in Contribution Agreements/Arrangements.
The Trust Fund's share in the co-mingled cash and investment pool.Ĭash payment made to a Supervising Entity or Recipient under a Transfer Agreement or a Financial Procedures Agreement and in both cases based on a Commitment by the Trustee.Ī financial liability created as a result of the approval of funding by a governing body of a Financial Intermediary Fund or a legal secretariat or governing body of a Financial Intermediary Fund, based on its decision-making processes. The reduction of a financial liability as a result of an action taken by a supervising entity of a Financial Intermediary Fund.Īny portion of a Contribution made in the form of cash, including Encashments. The setting aside of funds, without a commitment, for specific activities/ projects in accordance with the decision-making process specified in the governance documents for the respective financial intermediary fund.