Common use of Resources for Inspection and Supervision Clause in Contracts

Resources for Inspection and Supervision. The Borrower shall not be required to cover the Bank’s expenses for general inspection and supervision, unless the Bank establishes otherwise during the Original Disbursement Period as a consequence of its periodic review of financial charges for ordinary capital loans, and notifies the Borrower accordingly. In this case, the Borrower shall indicate whether it will pay the corresponding amount directly to the Bank or whether such amount should be withdrawn and withheld by the Bank from the resources of the Loan. In no case may the Bank charge for a specific semester more than the result of applying one percent (1%) of the Loan amount divided by the number of semesters comprising the Original Disbursement Period.

Resources for Inspection and Supervision. The Borrower shall not be required to cover the Bank’s 's expenses for general inspection and supervision, unless the Bank establishes otherwise during the Original Disbursement Period as a consequence of its periodic review of financial charges for ordinary capital loans, and notifies the Borrower accordingly. In this case, the Borrower shall indicate whether it will pay the corresponding amount directly to the Bank or whether such amount should be withdrawn and withheld by the Bank from the resources of the Loan. In no case may the Bank charge for a specific semester more than the result of applying one percent (1%) of the Loan amount divided by the number of semesters comprising the Original Disbursement Period.

Resources for Inspection and Supervision. The Borrower shall not be required to cover the Bank’s expenses for general inspection and supervision, unless the Bank establishes otherwise during the Original Disbursement Period as a consequence of its periodic review of financial charges for ordinary capital loans, and notifies the Borrower accordingly. In this case, the Borrower shall indicate whether it will pay the corresponding amount directly to the Bank or whether such amount should be withdrawn and withheld by the Bank from the resources of the Loan. In no case may the Bank charge for a specific semester Semester more than the result of applying one percent (1%) of the Loan amount divided by the number of semesters Semesters comprising the Original Disbursement Period.

Resources for Inspection and Supervision. The Borrower shall not be required to cover the Bank’s expenses for general inspection and supervision, unless the Bank establishes otherwise during the Original Disbursement Period as a consequence of its periodic review of financial charges for ordinary capital loans, and notifies the Borrower accordingly. In this case, the Borrower shall indicate whether it will pay the corresponding amount of the portion of the Loan chargeable to the Ordinary Capital Financing directly to the Bank or whether such amount should be withdrawn and withheld by the Bank from the resources of the Loan. In no case may the Bank charge for a specific semester more than the result of applying one percent (1%) of the portion of the Loan amount chargeable to the Ordinary Capital Financing, divided by the number of semesters comprising the Original Disbursement Period.

Resources for Inspection and Supervision. The Borrower shall not be required to cover the Bank’s 's expenses for general inspection and supervision, unless the Bank establishes otherwise during the Original Disbursement Period as a consequence of its periodic review of financial charges for ordinary capital loans, and notifies the Borrower accordingly. In this case, the Borrower shall indicate whether it will pay the corresponding amount directly to the Bank or whether such amount should be withdrawn and withheld by the Bank from the resources of the ofthe Loan. In no case may the Bank charge for a specific semester more than the result of applying ofapplying one percent (1%) of the Loan amount divided by the number of semesters comprising the Original Disbursement Period.