Common use of PARAGRAPH ONE Clause in Contracts

PARAGRAPH ONE. This Agreement shall be accelerated, upon which the debt shall become enforceable and any disbursements shall be immediately suspended, in the event of application of the proceeds from this Agreement to any purpose other than that provided for in Section One, Sole Paragraph. The BNDES shall give notice of such fact to the Federal Prosecution Office for the purposes and effects of Law No. 7.492 of June 16, 1986.

Appears in 2 contracts

Samples: Credit Facility Financing Agreement (Linx S.A.), Credit Facility Financing Agreement (Linx S.A.)

AutoNDA by SimpleDocs

PARAGRAPH ONE. This Agreement shall be acceleratedwill have accelerated maturity, upon which with the enforceability of the debt shall become enforceable and immediate suspension of any disbursements shall be immediately suspendeddisbursement, in the event of application of the proceeds from funds granted by this Agreement to any for a purpose other than that provided for in Section OneClause One (Nature, Sole ParagraphAmount and Purpose of the Agreement). The BNDES shall give notice of such will communicate the fact to the Federal Prosecution Office Public Prosecutor's Office, for the purposes and effects of Law No. 7.492 nº. 7.492, of June 16, 1986.

Appears in 2 contracts

Samples: Financing Agreement (Eve Holding, Inc.), Financing Agreement (Eve Holding, Inc.)

PARAGRAPH ONE. This Agreement shall be accelerated, upon which the debt shall become enforceable and any disbursements shall be immediately suspended, in the event of application of the proceeds from this Agreement to any purpose other than that provided for in Section OneOne (Nature, Sole ParagraphAmount, and Purpose of the Agreement). The BNDES shall give notice of such fact to the Federal Prosecution Public Prosecutors’ Office for the purposes and effects of Law No. 7.492 of June 16, 1986.

Appears in 2 contracts

Samples: Credit Facility Financing Agreement (Linx S.A.), Credit Facility Financing Agreement (Linx S.A.)

PARAGRAPH ONE. This Agreement shall be accelerated, upon which the debt shall become enforceable and any disbursements shall be immediately suspended, in the event of application of the proceeds from this Agreement to any purpose other than that provided for in Section OneOne (Nature, Sole ParagraphAmount, and Purpose of the Agreement). The BNDES shall give notice of such fact to the Federal Prosecution Office for the purposes and effects of Law No. 7.492 of June 16, 1986.

Appears in 2 contracts

Samples: Credit Facility Financing Agreement (Linx S.A.), Credit Facility Financing Agreement (Linx S.A.)

AutoNDA by SimpleDocs

PARAGRAPH ONE. This Agreement shall be accelerated, upon which the debt shall become enforceable and any disbursements shall be immediately suspended, in the event of application of the proceeds from this Agreement to any purpose other than that provided for in Section One, Sole Paragraph. The BNDES shall give notice of such fact to the Federal Prosecution Office for the purposes and effects of Law No. 7.492 of June 16, 1986.

Appears in 2 contracts

Samples: Credit Facility Financing Agreement (Linx S.A.), Credit Facility Financing Agreement (Linx S.A.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!