Common use of PARAGRAPH TWO Clause in Contracts

PARAGRAPH TWO. If the first release does not occur, or if the amount mentioned in Paragraph One of this Section is not deducted from the first credit release, the BENEFICIARY agrees to pay it to the BNDES within forty-five (45) days to from the date on which it is notified to do so.

Appears in 6 contracts

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

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