Project Agreements. Any party (other than EBRD) fails to perform in a timely manner any of its obligations under any Project Agreement, the failure to perform such obligation is not referred to elsewhere in this Section 7.01 and, if capable of remedy, such failure to perform has continued for a period of 30 days after notice thereof has been given to the Borrower by EBRD.
Appears in 6 contracts
Sources: Loan Agreement, Loan Agreement, Loan Agreement (Caspian Services Inc)
Project Agreements. Any party (other than EBRD) fails to perform in a timely manner comply with any of its obligations under any Project Agreement, the failure to perform comply with such obligation is not referred to elsewhere in this Section 7.01 and, if capable of remedy, such failure to perform has continued for a period of comply is not remedied within 30 days after of the earlier of (1) EBRD giving notice thereof has been given to the Borrower by EBRDand (2) such failure to comply becoming part of the Borrower's Knowledge except to the extent such failure to comply would not have a Material Adverse Effect.
Appears in 1 contract
Sources: Security Deposit Agreement