Common use of Modification of legal provisions and basic regulations Clause in Contracts

Modification of legal provisions and basic regulations. The parties agree that, if changes are made to the macroeconomic and sector policies indicated in the Policy Letter referred to in Section 3.01 of these Special Conditions, or in the legislation or basic regulations relating to the Executing Agency, that the Bank considers could substantially affect the Program, the Bank shall have the right to request of the Borrower all necessary and reasonable information, with the purpose of determining whether said changes may have a substantial adverse effect in the execution of the Program. The Bank, after receiving and analyzing the information provided by the Borrower, and after consultation with the Borrower, may take the measures it deems necessary in accordance with the provisions of this Contract.

Modification of legal provisions and basic regulations. The parties agree that, if changes are made to the macroeconomic and sector policies indicated in the Policy Letter referred to in Section 3.01 of these Special Conditions, or in the legislation or basic regulations relating to the Executing Agency, that the Bank considers could substantially affect the ProgramProgramme, the Bank shall have the right to request of the Borrower all necessary and reasonable information, with the purpose of determining whether said changes may have a substantial adverse effect in the execution of the ProgramProgramme. The Bank, after receiving and analyzing the information provided by the Borrower, and after consultation with the Borrower, may take the measures it deems necessary in accordance with the provisions of this Contract.

Modification of legal provisions and basic regulations. The parties Parties agree that, if changes are made to the macroeconomic and sector policies indicated in the Policy Letter referred to in Section 3.01 of these Special Conditions, or in the legislation or basic regulations relating to the Executing Agency, that the Bank considers could substantially affect the Program, the Bank shall have the right to request of the Borrower all necessary and reasonable information, with the purpose of determining whether said changes may have a substantial adverse effect in the execution of the Program. The Bank, after receiving and analyzing the information provided by the Borrower, and after consultation with the Borrower, may take the measures it deems necessary in accordance with the provisions of this Contract.

Modification of legal provisions and basic regulations. The parties agree that, if changes are made to the macroeconomic and sector policies indicated in the Policy Letter referred to in Section 3.01 of these Special Conditions, in the legislation, or in the legislation or basic regulations relating to of the Executing Agency, that the Bank considers could substantially affect the Program, the Bank shall have the right to request of the Borrower all necessary and reasonable information, with the purpose of determining whether said changes may have a substantial adverse effect in the execution of the Program. The Bank, after receiving and analyzing the information provided by the Borrower, and after consultation with the Borrower, may take the measures it deems necessary in accordance with the provisions of this Contract.

Modification of legal provisions and basic regulations. The parties agree that, if changes are made to the macroeconomic and sector policies indicated in the Policy Letter referred to in Section 3.01 of these Special Conditions, or in the legislation or in basic regulations relating to the Executing Agency, that the Bank considers could substantially affect the Program, the Bank shall have the right to request of the Borrower all necessary and reasonable information, with the purpose of determining whether said changes may have a substantial adverse effect in the execution of the Program. The Bank, after receiving and analyzing the information provided by the Borrower, and after consultation with the Borrower, may take the measures it deems necessary in accordance with the provisions of this Contract.