Your English writing platform
Discover LudwigSuggestions(1)
Exact(6)
Contingent commitments often create incentives for compliance or penalties for noncompliance, explains Susskind.
Threats and incentives should be used only in conjunction with contingent commitments.
The Secretary may enter into full funding grant agreements under this subsection for new fixed guideway capital projects and core capacity improvement projects that contain contingent commitments to incur obligations in such amounts as the Secretary determines are appropriate.
The Secretary may enter into full funding grant agreements under this paragraph for eligible projects that contain contingent commitments to incur obligations in such amounts as the Secretary determines are appropriate.
require that contingent commitments result in a financial close and obligation of credit assistance not later than 3 years after the date of entry into the master credit agreement, or release of the commitment, unless otherwise extended by the Secretary.
The starting points of rational deliberation are contingent commitments, and practical concerns of actual agents (Lenman 2010, 180 181).
Similar(54)
The agreement shall state that the contingent commitment is not an obligation of the Government.
A full funding grant agreement shall state that the contingent commitment is not an obligation of the Federal Government.
But Marc Groz, a financial risk expert I've gotten to know, has what I think is a more intriguing approach, which he calls a "contingent commitment facility".
Typically, when a developer unveils a major project, there is at least a contingent commitment from some pension fund, some financial syndicate, some sovereign wealth fund, some shadowy Russian billionaire — some somebody.
Borrowers who can no longer get money from capital markets can call instead on contingent funding commitments made by the banks.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com