Common use of Contrato xx Xxxxxxx Clause in Contracts

Contrato xx Xxxxxxx. 1. The Borrower, through SHCP, shall enter into a contract (Contrato xx Xxxxxxx), satisfactory to the Bank, among SAT and NAFIN, whereby: (a) NAFIN agrees to act as financial agent of the Borrower with regard to the Loan, meaning that, inter alia, NAFIN agrees to represent the Borrower vis-à-vis the Bank for purposes of submitting Loan withdrawal applications to the Bank in form and substance sufficient to justify disbursement by the Bank to the Borrower of Loan proceeds and agrees to maintain and operate the designated account (referred to in the additional instructions cited in Section IV.A.1 of Schedule 2 to this Agreement) in compliance with the terms of this Agreement; and (b) the Borrower agrees that, through SAT, the Borrower shall cooperate fully with NAFIN to ensure that NAFIN is able to comply with all of NAFIN’s obligations referred to in Section I.B.1(a) above. 2. The Borrower shall exercise its rights and carry out its obligations under the Contrato xx Xxxxxxx in such a manner as to protect the interests of the Bank and to accomplish the purposes of the Loan. Except as the Bank may otherwise agree, the Borrower shall not amend, waive or fail to enforce any provision of the Contrato xx Xxxxxxx. In case of any conflict between the terms of the Contrato xx Xxxxxxx and those of this Agreement, the terms of this Agreement shall prevail.

Contrato xx Xxxxxxx. 1. The Borrower, through SHCP, shall enter into a contract (Contrato xx Xxxxxxx), satisfactory to the Bank, among SAT SHCP’s Subsecretaría de Egresos, SFP and NAFIN, whereby: (a) NAFIN agrees to act as financial agent of the Borrower with regard to the Loan, meaning that, inter alia, NAFIN agrees to represent the Borrower vis-à-vis the Bank for purposes of submitting Loan withdrawal applications to the Bank in form and substance sufficient to justify disbursement by the Bank to the Borrower of Loan proceeds and agrees to maintain and operate the designated account (referred to in the additional instructions cited in Section IV.A.1 of Schedule 2 to this Agreement) in compliance with the terms of this Agreement; and (b) the Borrower agrees that, through SATSFP and SHCP’s Subsecretaría de Egresos, the Borrower shall cooperate fully with NAFIN to ensure that NAFIN is able to comply with all of NAFIN’s obligations referred to in Section I.B.1(aparagraph (a) aboveof this Section. 2. The Borrower shall exercise its rights and carry out its obligations under the Contrato xx Xxxxxxx in such a manner as to protect the interests of the Bank and to accomplish the purposes of the Loan. Except as the Bank may otherwise agree, the Borrower shall not amend, waive amend or fail to enforce any provision of the Contrato xx Xxxxxxx. In case of any conflict between the terms of the Contrato xx Xxxxxxx and those of this Agreement, the terms of this Agreement shall prevail.

Contrato xx Xxxxxxx. 1. The Borrower, through SHCP, shall enter into a contract (Contrato xx Xxxxxxx), among SE as Executing Agency, and NAFIN, satisfactory to the Bank, among SAT and NAFIN, whereby: (a) NAFIN agrees to act as financial agent of the Borrower with regard to the Loan, meaning that, inter alia, NAFIN agrees to represent the Borrower vis-à-vis the Bank for purposes of submitting Loan withdrawal applications to the Bank in form and substance sufficient to justify disbursement by the Bank to the Borrower of Loan proceeds and agrees to maintain and operate the designated bank account which shall be opened in NAFIN (referred to in the additional instructions cited in Section IV.A.1 IV.A of Schedule 2 to this AgreementSchedule) in compliance with the terms of this Agreement; and (b) the Borrower agrees thatBorrower, through SATSHCP and SE, the Borrower shall cooperate fully with NAFIN to ensure that NAFIN is able to comply with all of NAFIN’s obligations referred to in Section I.B.1(aparagraph (a) aboveof this Section. 2. The Borrower Borrower, through SHCP and SE, shall exercise its rights and carry out its obligations under the Contrato xx Xxxxxxx in such a manner as to protect the interests of the Bank and to accomplish the purposes of the Loan. Except as the Bank may otherwise agree, the Borrower shall not amend, waive amend or fail to enforce any provision of the Contrato xx Xxxxxxx. In case of any conflict between the terms of the Contrato xx Xxxxxxx and those of this Agreement, the terms of this Agreement shall prevail.

Contrato xx Xxxxxxx. 1. The Borrower, through SHCP, SHCP shall enter into a contract (Contrato xx Xxxxxxx), satisfactory to the Bank, among SAT SAGARPA’s FIRCO and NAFIN, whereby: (a) NAFIN agrees to act as financial agent of the Borrower with regard to the Loan, meaning that, inter alia, NAFIN agrees to represent the Borrower vis-vis- à-vis the Bank for purposes of submitting Loan withdrawal applications to the Bank in form and substance sufficient to justify disbursement by the Bank to the Borrower of Loan proceeds and agrees to maintain and operate the designated account (referred to in the additional instructions cited in Section IV.A.1 of Schedule 2 to this Agreement) in compliance with the terms of this Agreement; and (b) the Borrower agrees thatshall, through SATand shall cause SAGARPA’s FIRCO, the Borrower shall to cooperate fully with NAFIN to ensure that NAFIN is able to comply with all of NAFIN’s obligations referred to in Section I.B.1(aparagraph (a) aboveof this Section. 2. The Borrower shall exercise its rights and carry out its obligations under the Contrato xx Xxxxxxx in such a manner as to protect the interests of the Bank and to accomplish the purposes of the Loan. Except as the Bank may otherwise agree, the Borrower shall not amend, waive amend or fail to enforce any provision of the Contrato xx Xxxxxxx. In case of any conflict between the terms of the Contrato xx Xxxxxxx and those of this Agreement, the terms of this Agreement shall prevail.

Contrato xx Xxxxxxx. 1. The Borrower, through SHCP, shall enter into a contract (Contrato xx Xxxxxxx)) among NAFIN, SEDESOL (through CN) and CONAFE, satisfactory to the Bank, among SAT and NAFIN, whereby: (a) NAFIN agrees to act as financial agent of the Borrower with regard to the Loan, meaning that, inter alia, NAFIN agrees to represent the Borrower vis-à-vis the Bank for purposes of submitting Loan withdrawal applications to the Bank in form and substance sufficient to justify disbursement by the Bank to the Borrower of Loan proceeds and agrees to maintain and operate the designated account (referred to in the additional instructions cited in Section IV.A.1 of Schedule 2 to this Agreement) in compliance with the terms of this Agreement; and (b) the Borrower agrees that, through SATSEDESOL (through CN), the Borrower shall, and shall cause CONAFE to, cooperate fully with NAFIN to ensure that NAFIN is able to comply with all of NAFIN’s obligations referred to in Section I.B.1(aparagraph (a) aboveof this Section. 2. The Borrower shall exercise its rights and carry out its obligations under the Contrato xx Xxxxxxx in such a manner as to protect the interests of the Bank and to accomplish the purposes of the Loan. Except as the Bank may otherwise agree, the Borrower shall not amend, waive or fail to enforce any provision of the Contrato xx Xxxxxxx. In case of any conflict between the terms of the Contrato xx Xxxxxxx and those of this Agreement, the terms of this Agreement shall prevail.

Contrato xx Xxxxxxx. 1. The Borrower, through SHCP, shall enter into a contract (Contrato xx Xxxxxxx), among SE as Executing Agency, and NAFIN, satisfactory to the Bank, among SAT and NAFIN, whereby: (a) NAFIN agrees to act as financial agent of the Borrower with regard to the Loan, meaning that, inter alia, NAFIN XXXXX agrees to represent the Borrower vis-à-vis the Bank for purposes of submitting Loan withdrawal applications to the Bank in form and substance sufficient to justify disbursement by the Bank to the Borrower of Loan proceeds and agrees to maintain and operate the designated bank account which shall be opened in NAFIN (referred to in the additional instructions cited in Section IV.A.1 IV.A of Schedule 2 to this AgreementSchedule) in compliance with the terms of this Agreement; and (b) the Borrower agrees thatBorrower, through SATSHCP and SE, the Borrower shall cooperate fully with NAFIN to ensure that NAFIN is able to comply with all of NAFIN’s obligations referred to in Section I.B.1(aparagraph (a) aboveof this Section. 2. The Borrower Borrower, through SHCP and SE, shall exercise its rights and carry out its obligations under the Contrato xx Xxxxxxx in such a manner as to protect the interests of the Bank and to accomplish the purposes of the Loan. Except as the Bank may otherwise agree, the Borrower shall not amend, waive amend or fail to enforce any provision of the Contrato xx Xxxxxxx. In case of any conflict between the terms of the Contrato xx Xxxxxxx and those of this Agreement, the terms of this Agreement shall prevail.