Common use of Renunciation of Part of the Loan Clause in Contracts

Renunciation of Part of the Loan. The Borrower, with the concurrence of the Guarantor, if any, may renounce, by notice to the Bank, its right to utilize any part of the Loan which has not been disbursed before the receipt of such notice, provided that the resources of the Loan are not subject to the guarantee of an irrevocable letter of credit, pursuant to Article 8.04 of these General Conditions.

Appears in 7 contracts

Samples: Loan Contract Special Conditions, Amendatory Contract, Loan Contract Special Conditions

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Renunciation of Part of the Loan. The Borrower, with the concurrence of the Guarantor, if any, may renounce, by written notice to the Bank, its right to utilize any part of the Loan which has not been disbursed before the receipt of such the notice, provided that the resources of the Loan are not subject to the guarantee of an irrevocable letter of credit, pursuant to Article 8.04 of these General Conditions.

Appears in 6 contracts

Samples: www.barbadosparliament.com, ewsdata.rightsindevelopment.org, Loan Contract

Renunciation of Part of the Loan. The Borrower, with the concurrence of the Guarantor, if any, may renounce, by written notice to the Bank, its right to utilize any part of the Loan which has not been disbursed before the receipt of such the notice, provided that the resources of the Loan are not subject to the guarantee of an irrevocable letter of credit, pursuant to amounts foreseen in Article 8.04 6.04 of these General ConditionsConditions are not involved.

Appears in 2 contracts

Samples: ewsdata.rightsindevelopment.org, ewsdata.rightsindevelopment.org

Renunciation of Part of the Loan. The Borrower, with the concurrence of the Guarantor, if any, may renounce, by written notice to the Bank, its right to utilize any part of the Loan which has not been disbursed before the receipt of such the notice, provided that the resources of the Loan are not subject to the guarantee of an irrevocable letter of credit, pursuant to amounts foreseen in Article 8.04 5.04 of these General ConditionsConditions are not involved.

Appears in 1 contract

Samples: ewsdata.rightsindevelopment.org

Renunciation of Part of the Loan. The Borrower, with the concurrence of the Guarantor, if any, may renounce, by notice to the Bank, its right to utilize any part of the Loan which has not been disbursed before the receipt of such notice, provided that the resources of the Loan are not subject to the guarantee of an irrevocable letter of credit, pursuant to Article 8.04 7.04 of these General Conditions.

Appears in 1 contract

Samples: Loan Contract Special Conditions

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Renunciation of Part of the Loan. The Borrower, with the concurrence of the Guarantor, if any, may renounce, by notice to the Bank, its right to utilize any part of the Loan which has not been disbursed before befare the receipt of such notice, provided that the resources of the Loan are not subject to the guarantee of an irrevocable letter of credit, pursuant to Article 8.04 of these General Conditions.

Appears in 1 contract

Samples: idbdocs.iadb.org

Renunciation of Part of the Loan. The Borrower, with the concurrence of the Guarantor, if any, may renounce, by notice to the Bank, its right to utilize any part of the Loan 5846/OC-BA which has not been disbursed before the receipt of such notice, provided that the resources of the Loan are not subject to the guarantee of an irrevocable letter of credit, pursuant to Article 8.04 of these General Conditions.

Appears in 1 contract

Samples: www.barbadosparliament.com

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