Mandate

Infrabanx Agency ("The Agency") is mandated to encourage and mobilize private investors, private, public and governmental institutions to provide assistance, longer maturates, partial risk guarantee facilities, pool funds, assets and the like, in order to further economic development in respect to the host country (namely, infra-corpus-civitatis). More specifically, it is mandated to carry out the aims, objectives and goals assigned to it by Infrabanx Corporation in accordance with the country, namely,
(a)
To enter into any arrangements with any government or authority (supreme, province, municipal, local, or otherwise) and to obtain from any such government or authority any charters, decrees, rights, privileges or concessions and to carry out, exercise, and comply with any such charters, decrees, rights, privileges, and concessions;
(b)
To apply for, promote, and obtain any Act of Parliament, order (including any statutory regulation), or licence, other governmental or other authority for enabling The Agency to carry any of its objects into effect, or for effecting any modification of The Agency's constitution, or for any other purpose which may seem calculated directly or indirectly to promote The Agency's interests, and to oppose any proceedings or applications which may seem calculated directly or indirectly, to prejudice Infrabanx Corporation or The Agency's interests;
(c)
To provide the Government in right of the respective jurisdiction with an execution team that has been mandated and empowered to ascertain and develop appropriate strategic and tactical solutions in accordance with Infrabanx Corporation infrastructure criterion, that will enable the Government to underwrite and procure their project stated objectives and purposes;
(d)
To undertake, implement, and sustain the country’s uniform and transparent information and financial infrastructure, which includes good administrative governance in respect to (a) consumers and corporate affairs; (b) resources maximization agencies; (c) law, order & public safety; (d) healthcare; (e) education and welfare; (f) community amenities; (g) recreation and culture; (h) transportation and highways; (i) economic services; (j) waste management, drainage, (k) sewerage and sanitation system; and (l) other such services;
(e)
To participate in the design, construction, acquisition, ownership and management and operation, or, in whole or in part, arrange for the management and operation of, the country’s infrastructure operating system with a view to such system operating with a high degree of integrity, efficiency, reliability and security and enabling its users to conduct their operations in a cost-effective manner;
(f)
To control, manage, finance, subsidize, co-ordinate or otherwise assist any qualified company or companies, to provide technical, commercial and other relevant services and facilities of all kinds for any such company or companies and to make payments by way of subvention or otherwise and any other arrangements which may seem desirable with respect to any business or operations of or generally with respect to any such company or companies;
(g)
To participate in, undertake, perform and carry out all kinds of commercial, trading, business, financial and other activities, arrangements and/or operations, including entering into contracts and arrangements with any qualified persons, in connection with or ancillary to or in order to finance (in whole or in part) any of the objects referred to in sub-paragraphs (d) to (f) above;
(h)
To promote, finance or assist any other company for the purpose of acquiring the whole or any part of the goodwill, business, undertaking property or assets or assuming any of the liabilities of Infrabanx Corporation, or of undertaking any business or operations which may in the opinion of the Directors directly or indirectly assist or benefit The Agency or to enhance the value of any property or business of The Agency, and to place or guarantee the placing of, underwrite, subscribe for, or otherwise acquire all or any part of the shares or securities of any such company as aforesaid that are situated in the country;
(i)
To improve, manage, construct, repair, develop, exchange, let on lease or otherwise, mortgage, charge, sell, dispose of, turn to account, grant licenses, options, rights and privileges in respect of, or otherwise deal with all or any part of the property and rights of The Agency within the country;
(j)
To establish, design, construct, acquire, own manage and operate, or, in whole or in part, arrange for the management and operation of, a link or links between Canada, other sponsoring country/(s) and host country (or any other infrastructure operating system relating to resources appreciation activities from time to time operated by or for Infrabanx Corporation), programs and systems for the settlement of payments or securities, including but not limited to Real Time Settlement payment system;
(k)
To establish, design, construct, acquire, own, manage and operate, or, in whole or in part, arrange for the management and operation of such other systems for the settlement of international transactions relating to securities, investments or other assets as Infrabanx Corporation may, from time to time, determine in respect to the fulfillment of its mandate in the country; and to develop The Agency’s prescribed settlement and operating system and such other settlement systems in such manner as The Agency considers convenient or advantageous;
(l)
To undertake commercial co-financing operations that will assist the country, as well as private project sponsors in securing needed debt financing with maturates and other terms suitable for infrastructure development projects that will help to gain sustained access to international loans and capital markets;
(m)
To lend, advance or deposit money or give credit on any terms with or without security to any qualified person, firm or company (including without prejudice to the generality of the foregoing any related entity thereof;
(n)
To borrow and raise money in any manner whatsoever, whether by the creation and issue of debentures, debenture stock or other securities of any description or otherwise howsoever and to secure the repayment of any money borrowed, raised or owing or any other obligation of or binding on it by hybrid development instruments, mortgage, charge, standard security, lien or other security upon the whole or any part of its property or assets (whether present or future), including its uncalled capital, if any;
(o)
To enter into any guarantee, bond, indemnity or counter-indemnity and otherwise give security or become responsible for the performance of any obligations or the discharge of any liabilities of or by any qualified person, firm or company in any manner on any terms and for any purposes whatsoever, whether with or without Infrabanx Corporation receiving any consideration or advantage and whether or not in furtherance of the attainment of any other objects of Infrabanx Corporation and in particular (without prejudice to the generality of the foregoing) to guarantee, support or secure, by personal covenant or by mortgaging or charging all or any part of the undertaking, real and personal property, assets and revenues (present and future) and uncalled capital of The Agency, the payment or repayment of any moneys owed in respect of, any debts, obligations or securities whatsoever and the discharge of any liabilities whatsoever, including but not limited to those of any company which is for the time being a subsidiary or holding company of The Agency or any other subsidiary of any such holding company or is otherwise associated with The Agency or Infrabanx Corporation;
(p)
To support, subscribe for or donate money to any national, charitable, benevolent, public, general or useful object or for any purpose, which may in the opinion of the Directors directly or indirectly further the interests of Canadian Infrastructure Solution humanitarian objectives or of its members, provided always that this object shall not permit the making of any political subscriptions or donations; and,
(q)
To establish and support or aid the establishment and support of any charitable trusts, associations or institutions and to subscribe or guarantee money for charitable purposes in any way connected with or calculated to further any of the humanitarian objects of The Agency;
Other Lawful Things. The doing of all such other lawful things as shall further the attainment of the above objects {items (a) to (q)}; and
None of the sub-paragraphs of this paragraph and none of the objects therein specified shall be deemed subsidiary or ancillary to any of the objects specified in any other such sub-paragraph, and The Agency shall have full power to exercise each and every one of the objects specified in each sub-paragraph of this paragraph as though each such sub-paragraph contained the objects of a separate entity.
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