Common use of Remedies of the Bank Clause in Contracts

Remedies of the Bank. 4.01. The Additional Events of Suspension consist of the following: (a) A situation has arisen which, in the opinion of the Bank, shall make it improbable that the Program, or a significant part thereof, will be carried out. (b) The Borrower’s macroeconomic policy framework has, in the opinion of the Bank, become inconsistent with the objectives of the Program. (c) An action has been taken or a policy has been adopted to reverse any action or policy under the Program (including any action listed in Section I of Schedule 1 to this Agreement) in a manner that would, in the opinion of the Bank, adversely affect the achievement of the objectives of the Program.

Remedies of the Bank. 4.01. The Additional Events of Suspension consist of the following: (a) A situation has arisen which, in the opinion of the Bank, which shall make it improbable that the Program, or a significant part thereofof it, will be carried out. (b) The Borrower’s macroeconomic policy framework has, in the opinion of the Bank, has become inconsistent with the objectives of the Program. (c) An action has been taken or a policy has been adopted to reverse any action or policy under the Program (including any action listed in Section I of Schedule 1 to this Agreement) in a manner that would, in the opinion of the Bank, adversely affect the achievement of the objectives of the Program.

Remedies of the Bank. 4.01. The Additional Events of Suspension consist of the following: (a) : A situation has arisen which, in the opinion of the Bank, shall make it improbable that the Program, or a significant part thereof, will be carried out. (b) . The Borrower’s macroeconomic policy framework has, in the opinion of the Bank, become inconsistent with the objectives of the Program. (c) . An action has been taken or a policy has been adopted to reverse any action or policy under the Program (including any action listed in Section I of Schedule 1 to this Agreement) in a manner that would, in the opinion of the Bank, adversely affect the achievement of the objectives of the Program.

Remedies of the Bank. 4.01. The Additional Events of Suspension consist of the following: (a) A situation has arisen which, in the opinion of the Bank, which shall make it improbable that the Program, or a significant part thereofof it, will be carried out. (b) The Borrower’s macroeconomic policy framework has, in the opinion of the Bank, become inconsistent with the objectives objective of the Program. (c) An action has been taken or a policy has been adopted to reverse any action or policy under the Program (including any action listed in Section I of Schedule 1 to this Agreement) in a manner that would, in the opinion of the Bank, adversely affect the achievement of the objectives of the Program.

Remedies of the Bank. 4.01. The Additional Events of Suspension consist of the following: (a) A situation has arisen which, in the opinion of the Bank, which shall make it improbable that the Program, or a significant part thereofof it, will be carried out. (b) The Borrower’s macroeconomic policy framework has, in the opinion of the Bank, has become inconsistent with the objectives of the Program. (c) An action has been taken or a policy has been adopted to reverse any action or policy under the Program (Program, including any action listed in under Section I of Schedule 1 to this Agreement) , in a manner that would, in the opinion of the Bank, adversely affect the achievement of the objectives of the Program.

Remedies of the Bank. 4.01. The Additional Events of Suspension consist of on the following: (a) A situation has arisen which, in the opinion of the Bank, which shall make it improbable that the Program, or a significant part thereofof it, will be carried out. (b) The Borrower’s macroeconomic policy framework has, in the opinion of the Bank, has become inconsistent with the objectives of the Program. (c) An action has been taken or a policy has been adopted to reverse any action or policy under the Program (including any action listed in Section I of Schedule 1 to this Agreement) in a manner that would, in the opinion of the Bank, adversely affect the achievement of the objectives of the Program.

Remedies of the Bank. 4.015.01. The Additional Events of Suspension consist of the following: (a) A situation has arisen which, in the opinion of the Bank, which shall make it improbable that the Program, or a significant part thereofof the Program, will be carried out. (b) The Borrower’s macroeconomic policy framework has, in the opinion of the Bank, has become inconsistent with the objectives of the Program. (c) An action has been taken or a policy has been adopted to reverse any action or policy under the Program (including any action listed in Section I of Schedule 1 to this Agreement) in a manner that would, in the opinion of the Bank, adversely affect the achievement of the objectives of the Program.

Remedies of the Bank. 4.01. The Additional Events of Suspension consist of the following: (a) A situation has arisen which, in the opinion of the Bank, which shall make it improbable that the Program, or a significant part thereofof it, will be carried out. (b) The Borrower’s macroeconomic policy framework has, in the opinion of the Bank, become inconsistent with the objectives of the Program. (c) An action has been taken or a policy has been adopted to reverse any action or policy under the Program (including any action listed in Section I of Schedule 1 to this Agreement) in a manner that would, in the opinion of the Bank, adversely affect the achievement of the objectives of the Program.

Remedies of the Bank. 4.01. The Additional Events of Suspension consist of the following: (a) A a situation has arisen which, in the opinion of the Bank, which shall make it improbable that the Program, or a significant part thereofof it, will be carried out.; (b) The the Borrower’s macroeconomic policy framework has, in the opinion of the Bank, has become inconsistent with the objectives of the Program.; and (c) An an action plan has been taken or a policy has been adopted to reverse any action or policy under the Program (including any action listed in Section I of Schedule 1 to this Agreement or referred to in Section 5.01 of this Agreement) in a manner that would, in the opinion of the Bank, adversely affect the achievement of the objectives of the Program.