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.
Appears in 4 contracts
Samples: Credit Facility Financing Agreement (Linx S.A.), Credit Facility Financing Agreement (Linx S.A.), Credit Facility Financing Agreement (Linx S.A.)
PARAGRAPH THREE. The total amount of the credit shall be used by the BENEFICIARY within twenty-seven four (2724) 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.
Appears in 2 contracts
Samples: Credit Facility Financing Agreement (Linx S.A.), Credit Facility Financing Agreement (Linx S.A.)
