Common use of Funding Shortfall Clause in Contracts

Funding Shortfall. Notwithstanding the provisions of Section 2.01, no withdrawals shall be made if, as a result of such withdrawal, the total amount of the Loan withdrawn from the Loan Account would exceed the amount available to ADB from resources provided to it for purposes of the Loan. Only the resources made available to ADB for the purposes of the Loan shall be considered for the enforcement of any obligations, claims or liabilities under or in connection with the Loan.

Appears in 8 contracts

Samples: Loan Agreement, Loan Agreement, Loan Agreement

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Funding Shortfall. Notwithstanding the provisions prov1s1ons of Section 2.01, no withdrawals shall be made if, as a result of such withdrawal, the total amount of the Loan withdrawn from the Loan Account would exceed the amount available to ADB from resources provided to it for purposes of the Loan. Only the resources made available to ADB for the purposes of the Loan shall be considered for the enforcement of any obligations, claims or liabilities under or in connection with the Loan.

Appears in 1 contract

Samples: Loan Agreement

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