PARAGRAPH THREE. No acceleration based on the provisions of clause “b” shall occur if the remediation imposed is complied with or as long as the sentence imposed on the Beneficiary is being served, subject to the due process of law. SEVENTEEN
PARAGRAPH THREE. If the Financial Cooperation Commission is not paid as provided for in this Section, the BENEFICIARY shall be subject to the sanctions set forth in this Agreement and in the “
PARAGRAPH THREE. The total amount of the credit shall be used by the BENEFICIARY within twenty-seven (27) months from the date of execution of this Agreement, without prejudice to the BNDES’s option, before or after the expiration of such term, under the guarantees set forth in this Agreement, to extend such term upon express authorization by letter, regardless of any other formality or registration. THREE
PARAGRAPH THREE. The parties hereby agree that the rent agreed in item 5.1 shall not be reduced by virtue of the adjustment index. That is, in case the adjustment index accrued within the twelve (12) month period is negative, the last rent amount paid by LESSOR shall be maintained.
PARAGRAPH THREE. In the events set forth in Paragraph Two of this Section, the BENEFICIARY shall, at the request of the BNDES and whenever available, provide copies of any decisions rendered and of any judicial and extrajudicial settlements executed within the scope of the aforementioned proceedings, as well as detailed information on the measures adopted in response to such proceedings.
PARAGRAPH THREE. For purposes of the special obligation set forth in item IV of this Section, the following shall be deemed relevant:
PARAGRAPH THREE. For purposes of item II of the main provision of this Section, the following definitions are adopted:
PARAGRAPH THREE. The amount of each installment of Sub-credit “A” to be made available to the CLIENT will not be subject to [***].
PARAGRAPH THREE. The average amortization term of each installment of Sub-credit “B”, referred to in item I of Paragraph Two of this Clause, will be calculated according to the formula below : [***] SIXTH
PARAGRAPH THREE. The BNDES will make the information, data and calculations that serve as a basis for calculating the amounts due from Sub-credit "B” available to the CLIENT.
