Borrower Acknowledgement. The Borrower acknowledges and agrees that the occurrence of an Event of Default shall be a breach of condition which the Lenders are entitled to treat as a repudiation by the Borrower of this Agreement and the Facility Agent (on behalf of the Lenders) shall be entitled to give a notice to the Borrower in accordance with clause 11.3 below.
Appears in 3 contracts
Samples: Project Loan Agreement, Project Loan Agreement (QGOG Constellation S.A.), Project Loan Agreement (QGOG Constellation S.A.)
Borrower Acknowledgement. The Borrower acknowledges and agrees that the occurrence of an Event of Default shall be a breach of condition which the Lenders Banks are entitled to treat as a repudiation by the Borrower of this Agreement and the Facility Bank Agent (on behalf of the LendersBanks) shall be entitled to give a notice to the Borrower in accordance with clause 11.3 below.
Appears in 2 contracts
Samples: Bank Loan Agreement, Bank Loan Agreement (QGOG Constellation S.A.)
