Common use of Operational Principles Clause in Contracts

Operational Principles. The operations of the Corporation shall be conducted in accordance with the following principles: (i) The Corporation shall not undertake any financing for which in its opinion sufficient private capital could be obtained on reasonable terms: (ii) The Corporation shall not finance an enterprise in the territories of any member if the member objects to such financing: (iii) The Corporation shall impose no conditions that the proceeds of any financing by it shall be spent in the territories of any particular country: (iv) The Corporation shall not assume responsibility for managing any enterprise in which it has invested: (v) The Corporation shall undertake its financing on terms and conditions which it considers appropriate, taking into account the requirements of the enterprise, the risks being under- taken by the Corporation and the terms and conditions normally obtained by private investors for similar financing: (vi) The Corporation shall seek to revolve its funds by selling its investments to private investors whenever it can appropriately do so on satisfactory terms: (vii) The Corporation shall seek to maintain a reasonable diversi- fication in its investments.

Operational Principles. The operations of the Corporation shall be conducted in accordance with the following principles: (i) The the Corporation shall not undertake any financing for which in its opinion sufficient private capital could be obtained on reasonable terms:; (ii) The the Corporation shall not finance an enterprise in the territories of any member if the member objects to such financing:; (iii) The the Corporation shall impose no conditions that the proceeds of any financing by it shall be spent in the territories of any particular country:; (iv) The the Corporation shall not assume responsibility for managing any enterprise in which it has invested:invested ; (v) The the Corporation shall undertake its financing on terms and conditions which it considers appropriate, taking into account the requirements of the enterprise, enterprise the risks being under- taken undertaken by the Corporation and the terms and conditions normally obtained by private investors for similar financing:; (vi) The the Corporation shall seek to revolve its funds by selling its investments to private investors whenever it can appropriately do so on satisfactory terms:; (vii) The the Corporation shall seek to maintain a reasonable diversi- fication diversification in its investments.