No Repayment in the absence of a Refinancing Agreement. Notwithstanding any provision to the contrary in the Standard Conditions, if, on or before the Refinancing Date, no Refinancing Agreement has been executed by all of its parties, or if, by such date or at any time thereafter, it has been so executed but terminates without becoming effective, then the Recipient shall not be obligated to repay the Withdrawn Advance Balance.
Appears in 8 contracts
Samples: documents1.worldbank.org, documents1.worldbank.org, documents1.worldbank.org
No Repayment in the absence of a Refinancing Agreement. Notwithstanding any provision to the contrary in the Standard Conditions, if, on or before the Refinancing Date, no Refinancing Agreement has been executed by all of its parties, or if, by such date or at any time thereafterdate, it has been so executed but terminates without becoming effective, then the Recipient shall not be obligated to repay the Withdrawn Advance Balance.
Appears in 3 contracts
Samples: ewsdata.rightsindevelopment.org, documents1.worldbank.org, documents1.worldbank.org
No Repayment in the absence of a Refinancing Agreement. Notwithstanding any provision to the contrary in the Standard Conditions, if, on or before the Refinancing Date, no Refinancing Agreement has been executed by all of its parties, or if, by such date or at any time thereafter, it has been so executed but terminates without becoming effective, then the Recipient shall not be obligated to repay the Withdrawn Advance Balance.. Article V
Appears in 1 contract
Samples: documents1.worldbank.org
