Additional Event of Suspension. Section 4.01. Pursuant to Section 6.02 (l) of the General Conditions, the following additional event is specified, namely, that a situation has arisen which shall make it improbable that the Program, or a significant part thereof, will be carried out.
Additional Event of Suspension. Section 4.01. Pursuant to Section 6.02 (p) of the General Conditions, the following additional events are specified:
(a) A situation has arisen which shall make it improbable that the Program, or a significant part thereof, will be carried out.
(b) The Borrower’s macroeconomic policy framework has become inconsistent with the objectives of the Program.
(c) An action has been taken or a policy has been adopted to reverse any action or policy under the Program in a manner that would, in the opinion of the Bank, adversely affect the achievement of the objectives of the Program.
(d) An action has been taken or a policy has been adopted to reverse any action listed in Schedule 3 to this Agreement.
Additional Event of Suspension. Section 4.01. Pursuant to Section 6.02 (p) of the General Conditions, the following additional events are specified:
(a) the Borrower’s macroeconomic policy framework has become inconsistent with the objectives of the Program; and
(b) a situation has arisen which shall make it improbable that the Program, or a significant part thereof, will be carried out.
Additional Event of Suspension. Section 4.01. Pursuant to Section 6.02 (h) of the General Conditions, the following additional events are specified:
(a) A situation has arisen which shall make it improbable that the Program, or a significant part thereof, will be carried out.
(i) Subject to subparagraph (ii) of this paragraph:
(A) The right of the Borrower to withdraw the proceeds of any grant or loan made to the Borrower for the financing of the Project shall have been suspended, cancelled or terminated in whole or in part, pursuant to the terms of the agreement providing therefor, or
(B) any such loan shall have become due and payable prior to the agreed maturity thereof.
(ii) Subparagraph (i) of this paragraph shall not apply if the Borrower establishes to the satis- faction of the Association that: (A) such sus- pension, cancellation, termination or prematur- ing is not caused by the failure of the Borrower to perform any of its obligations under such agreement; and (B) adequate funds for the Pro- ject are available to the Borrower from other sources on terms and conditions consistent with the obligations of the Borrower under this Agreement.
Additional Event of Suspension. Section 4.01. Pursuant to Section 6 02 (k) of the General Conditions, the following additional events are specified:
(a) That a situation has arisen which shall make it improbable that the Program, or a significant part thereof, will be carried out.
(b) The Eximbank Loan Agreement shall have failed to become effective by June 30, 1990, or such later date as the Bank may agree; provided, however, that the provisions of this paragraph shall not apply if the Borrower establishes to the satisfaction of the Bank that adequate funds for the Program are available to the Borrower from other sources on terms and conditions consistent with the obligations of the Borrower under this Agreement.
(i) Subject to subparagraph (ii) of this paragraph:
(A) the right of the Borrower to withdraw the proceeds of the Eximbank Loan made to the Borrower for the financing of the Program shall have been suspended, cancelled or terminated in whole or in part, pursuant to the terms of the Eximbank Loan Agreement; or
(B) the Eximbank Loan shall have become due and payable prior to the agreed maturity thereof
(ii) Subparagraph (i) of this paragraph shall not apply if the Borrower establishes to the satisfaction of the Bank that: (A) such suspension, cancellation, termination or prematuring is not caused by the failure of the Borrower to perform any of its obligations under such agreement; and (B) adequate funds for the Program are available to the Borrower from other sources on terms and conditions consistent with the obligations of the Borrower under this Agreement.
Additional Event of Suspension. Section 4.01. Pursuant to Section 6.02 (h) of the General Conditions, the following additional events are specified:
(a) A situation has arisen which shall make it improbable that the Program, or a significant part thereof, will be carried out.
(b) As a result of events which have occurred after the date of the Development Credit Agreement, an extraordinary situation shall have arisen which shall make it improbable that AB will be able to perform its obligations under the Subsidiary Agreement.
(c) The charter establishing AB shall have been amended, suspended, abrogated, repealed or waived so as to affect materially and adversely the operations or financial condition of AB or its ability to carry out Part A of the Project or to perform any of its obligations under the Subsidiary Agreement.
(d) The Borrower or any other authority having jurisdiction shall have taken any action for the dissolution or disestablishment of AB or for the suspension of its operations.
Additional Event of Suspension. Section 4.01. Pursuant to Section 6.02 (h) of the General Conditions, the following additional events are specified:
(a) a situation has arisen which shall make it improbable that the Program, or a significant part thereof, will be carried out;
(b) CIR shall have been abolished; and
(i) Subject to subparagraph (ii) of this paragraph:
(A) The right of the Borrower to withdraw the proceeds of the Japanese Grant, the OECF Loan or the ADF Loan made to the Borrower for the financing of the Program shall have been suspended, cancelled or terminated in whole or in part, pursuant to the terms of the agree- ment providing therefor; or
(B) the OECF Loan or the ADF Loan shall have become due and payable prior to the agreed maturity thereof.
(ii) Subparagraph (i) of this paragraph shall not apply if the Borrower establishes to the satisfaction of the Association that:
(A) such suspension, cancellation, termination or prematuring is not caused by the failure of the Borrower to perform any of its obligations under such agreement; and
(B) adequate funds for the Program are available to the Borrower from other sources on terms and conditions consistent with the obligations of the Borrower under this Agreement.
Additional Event of Suspension. Section 4.01. Pursuant to Section 6.02 (h) of the General Conditions, the following additional events are specified:
(a) a situation has arisen which shall make it improbable that the Program, or a significant part thereof, will be carried out; and
(b) Arrctes No. 1282/PRG/SGG/90 and 1283/MEN/CAB/90 of May 3, 1990, and Arrcte No. 1406/PRG/SGG/90 of May 16, 1990 of the Borrower shall have been amended, suspended, abrogated, repealed or waived so as to affect materially and adversely the monitoring, evaluation and management structure of the execution of the Program.
Additional Event of Suspension. Section 4.01. Pursuant to Section 6.02 (h) of the General Conditions, the following additional events are specified:
(a) a situation has arisen which shall make it improbable that the Program, or a significant part thereof, will be carried out; and
(b) Decree No. 86/193 establishing the Comite de Suivi shall have been amended, suspended, abrogated, repealed or waived without the Association’s prior approval.
(c) (i) Subject to subparagraph (ii) of this paragraph:
(A) the right of the Borrower to withdraw the proceeds of the ADF Loan made to the Borrower in support of the Program shall have been suspended, cancelled or terminated, in whole or in part, pursuant to the terms of the ADF Loan Agreement, or
(B) the ADF Loan shall have become due and payable prior to the agreed maturity thereof.
Additional Event of Suspension. Section 4.01. Pursuant to Section 6.02 (h) of the General Conditions, the following additional events are specified:
(a) that a situation has arisen which shall make it improbable that the Program, or a significant part thereof, will be carried out.
(i) Subject to subparagraph (ii) of this paragraph, the right of the Borrower to withdraw the Swiss Contribution made to the Borrower for the financing of imports required during the execution of the Program shall have been suspended, canceled or terminated in whole or in part, pursuant to the terms of the Swiss Contribution Agreement.
(ii) Subparagraph (i) of this paragraph shall not apply if the Borrower establishes to the satisfaction of the Association that:
(A) such suspension, cancellation, termination or prematuring is not caused by the failure of the Borrower to perform any of its obligations under such agreement; and (B) adequate funds for imports required during execution of the Program are available to the Borrower from other sources on terms and conditions consistent with the obligations of the Borrower under this Agreement.
