Common use of Special Covenants Clause in Contracts

Special Covenants. In accordance with Section 12.01(a)(xxiii) of the General Conditions, the Fund may suspend, in whole or in part, the right of the Borrower to request withdrawals from the Loan Account if the Borrower has defaulted in the performance of any covenant set forth below, and the Fund has determined that such default has had, or is likely to have, a material adverse effect on the Project:

Appears in 8 contracts

Samples: Negotiated Financing Agreement, Negotiated Financing Agreement, Negotiated Financing Agreement

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Special Covenants. In accordance with Section 12.01(a)(xxiii) of the General Conditions, the Fund may suspend, in whole or in part, the right of the Borrower to request withdrawals from the Loan Account if the Borrower has defaulted in the performance of any covenant set forth below, and the Fund has determined that such default has had, or is likely to have, a material adverse effect on the ProjectProgramme:

Appears in 4 contracts

Samples: Negotiated Financing Agreement, Negotiated Financing Agreement, Negotiated Financing Agreement

Special Covenants. In accordance with Section 12.01(a)(xxiii) of the General Conditions, the Fund may suspend, in whole or in part, the right of the Borrower Borrower/Recipient to request withdrawals from the Loan Account and the Grant Account if the Borrower Borrower/Recipient has defaulted in the performance of any covenant set forth below, and the Fund has determined that such default has had, or is likely to have, a material adverse effect on the Project:

Appears in 3 contracts

Samples: Negotiated Financing Agreement, Negotiated Financing Agreement, Negotiated Financing Agreement

Special Covenants. In accordance with Section 12.01(a)(xxiii) of the General Conditions, the Fund may suspend, in whole or in part, the right of the Borrower Borrower/Recipient to request withdrawals from the Loan Account Financing Accounts if the Borrower Borrower/Recipient has defaulted in the performance of any covenant set forth below, and the Fund has determined that such default has had, or is likely to have, a material adverse effect on the ProjectProgramme:

Appears in 2 contracts

Samples: Negotiated Financing Agreement, Negotiated Financing Agreement

Special Covenants. In accordance with Section 12.01(a)(xxiii) of the General Conditions, the Fund may suspend, in whole or in part, the right of the Borrower Borrower/Recipient to request withdrawals from the Loan Account and the Grant Account if the Borrower Borrower/Recipient has defaulted in the performance of any covenant set forth below, and the Fund has determined that such default has had, or is likely to have, a material adverse effect on the Project/Programme:

Appears in 2 contracts

Samples: Negotiated Financing Agreement, Negotiated Financing Agreement

Special Covenants. In accordance with Section 12.01(a)(xxiii) of the General Conditions, the Fund may suspend, in whole or in part, the right of the Borrower Borrower/Recipient to request withdrawals from the Loan Loan/Grant Account if the Borrower Borrower/Recipient has defaulted in the performance of any covenant set forth below, and the Fund has determined that such default has had, or is likely to have, a material adverse effect on the ProjectProgramme:

Appears in 2 contracts

Samples: Negotiated Financing Agreement, Negotiated Financing Agreement

Special Covenants. In accordance with Section 12.01(a)(xxiii) of the General Conditions, the Fund may suspend, in whole or in part, the right of the Borrower Recipient to request withdrawals from the Loan Grant Account if the Borrower Recipient has defaulted in the performance of any covenant set forth below, and the Fund has determined that such default has had, or is likely to have, a material adverse effect on the ProjectProgramme:

Appears in 2 contracts

Samples: Negotiated Financing Agreement, Negotiated Financing Agreement

Special Covenants. In accordance with Section 12.01(a)(xxiii12.01 (a) (xxiii) of the General Conditions, the Fund may suspend, in whole or in part, the right of the Borrower Borrower/Recipient to request withdrawals from the Loan Account and Grant Accounts if the Borrower Borrower/Recipient has defaulted in the performance of any covenant set forth below, and the Fund has determined that such default has hadhas, or is likely to have, a material adverse effect on the ProjectProgramme:

Appears in 2 contracts

Samples: Financing Agreement, Negotiated Financing Agreement

Special Covenants. In accordance with Section 12.01(a)(xxiii) of the General Conditions, the Fund may suspend, in whole or in part, the right of the Borrower Borrower/Recipient to request withdrawals from the Loan Account and the Grant Account if the Borrower Borrower/Recipient has defaulted in the performance of any covenant set forth below, and the Fund has determined that such default has had, or is likely to have, a material adverse effect on the ProjectProgramme:

Appears in 2 contracts

Samples: Negotiated Financing Agreement, Negotiated Financing Agreement

Special Covenants. In accordance with Section 12.01(a)(xxiii) of the General Conditions, the Fund may suspend, in whole or in part, the right of the Borrower Borrower/Recipient to request withdrawals from the IFAD Loan Account, the IFAD Grant Account, the Trust Account, and the ASAP Grant Account if the Borrower Borrower/Recipient has defaulted in the performance of any covenant set forth below, and the Fund has determined that such default has had, or is likely to have, a material adverse effect on the Project:.

Appears in 1 contract

Samples: Negotiated Financing Agreement

Special Covenants. In accordance with Section 12.01(a)(xxiii) of the General Conditions, the Fund may suspend, in whole or in part, the right of the Borrower to request withdrawals from the Loan Account and the ASAP Trust Grant Account if the Borrower has defaulted in the performance of any covenant set forth below, and the Fund has determined that such default has had, or is likely to have, a material adverse effect on the Project:

Appears in 1 contract

Samples: Negotiated Financing Agreement

Special Covenants. In accordance with Section 12.01(a)(xxiii) of the General Conditions, the Fund may suspend, in whole or in part, the right of the Borrower to request withdrawals from the New Loan Account if the Borrower has defaulted in the performance of any covenant set forth below, and the Fund has determined that such default has had, or is likely to have, a material adverse effect on the Project:

Appears in 1 contract

Samples: Negotiated Financing Agreement

Special Covenants. In accordance with Section 12.01(a)(xxiii) of the General Conditions, the Fund may suspend, in whole or in part, the right of the Borrower to request withdrawals from the Loan Account and the Grant Account if the Borrower has defaulted in the performance of any the covenant set forth below, and the Fund has determined that such default has had, or is likely to have, a material adverse effect on the Project:Programme.

Appears in 1 contract

Samples: Negotiated Financing Agreement

Special Covenants. In accordance with Section 12.01(a)(xxiii12.01(a) (xxiii) of the General Conditions, the Fund may suspend, in whole or in part, the right of the Borrower Borrower/Recipient to request withdrawals from the Loan Account and Grant accounts if the Borrower Borrower/Recipient has defaulted in the performance of any covenant set forth below, and the Fund has determined that such default has had, or is likely to have, a material adverse effect on the Project:

Appears in 1 contract

Samples: Negotiated Financing Agreement

Special Covenants. In accordance with Section 12.01(a)(xxiii) of the General Conditions, the Fund may suspend, in whole or in part, the right of the Borrower Borrower/Recipient to request withdrawals from the IFAD Loan Account, the Grant Account and the Trust Loan Account if the Borrower Borrower/Recipient has defaulted in the performance of any covenant set forth below, and the Fund has determined that such default has had, or is likely to have, a material adverse effect on the Project:

Appears in 1 contract

Samples: Financing Agreement

Special Covenants. In accordance with Section 12.01(a)(xxiii12.01(a) (xxiii) of the General Conditions, the Fund may suspend, in whole or in part, the right of the Borrower to request withdrawals from the Loan Account if the Borrower has defaulted in the performance of any covenant set forth below, and the Fund has determined that such default has had, or is likely to have, a material adverse effect on the Project:

Appears in 1 contract

Samples: Negotiated Financing Agreement

Special Covenants. In accordance with Section 12.01(a)(xxiii12.01(a) (xxiii) of the General Conditions, the Fund may suspend, in whole or in part, the right of the Borrower to request withdrawals from the Loan Account if the Borrower has defaulted in the performance of any covenant set forth below, and the Fund has determined that such default has had, or is likely to have, a material adverse effect on the Project:Programme.

Appears in 1 contract

Samples: Negotiated Financing Agreement

Special Covenants. In accordance with Section 12.01(a)(xxiii12.01(a) (xxiii) of the General Conditions, the Fund may suspend, in whole or in part, the right of the Borrower Borrower/Recipient to request withdrawals from the Loan Loan/Grant Account if the Borrower Borrower/Recipient has defaulted in the performance of any covenant set forth below, and the Fund has determined that such default has had, or is likely to have, a material adverse effect on the Project:

Appears in 1 contract

Samples: Negotiated Financing Agreement

Special Covenants. In accordance with Section 12.01(a)(xxiii) of the General Conditions, the Fund may suspend, in whole or in part, the right of the Borrower to request withdrawals from the IFAD Loan Account and of the Trust Loan Account if the Borrower has defaulted in the performance of any covenant set forth below, and the Fund has determined that such default has had, or is likely to have, a material adverse effect on the Project:Programme.

Appears in 1 contract

Samples: Negotiated Financing Agreement

Special Covenants. In accordance with Section 12.01(a)(xxiii) of the General Conditions, the Fund may suspend, in whole or in part, the right of the Borrower Borrower/Recipient to request withdrawals from the Grant and Loan Account Accounts if the Borrower Borrower/Recipient has defaulted in the performance of any covenant set forth below, and the Fund has determined that such default has had, or is likely to have, a material adverse effect on the Project:

Appears in 1 contract

Samples: Negotiated Financing Agreement

Special Covenants. In accordance with Section 12.01(a)(xxiii) of the General Conditions, the Fund may suspend, in whole or in part, the right of the Borrower Borrower/Recipient to request withdrawals from the Loan or Grant Account if the Borrower Borrower/Recipient has defaulted in the performance of any covenant set forth below, and the Fund has determined that such default has had, or is likely to have, a material adverse effect on the ProjectProgramme:

Appears in 1 contract

Samples: Negotiated Financing Agreement

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Special Covenants. In accordance with Section 12.01(a)(xxiii12.01(a) (xxiii) of the General Conditions, the Fund may suspend, in whole or in part, the right of the Borrower Borrower/Recipient to request withdrawals from the Loan Account and Grant Accounts if the Borrower Borrower/Recipient has defaulted in the performance of any covenant set forth below, and the Fund has determined that such default has had, or is likely to have, a material adverse effect on the Project:

Appears in 1 contract

Samples: Negotiated Financing Agreement

Special Covenants. In accordance with Section 12.01(a)(xxiii12.01(a) (xxiii) of the General Conditions, the Fund may suspend, in whole or in part, the right of the Borrower Borrower/Recipient to request withdrawals from the Loan Account and Grant Account, if the Borrower Borrower/Recipient has defaulted in the performance of any covenant set forth below, and the Fund has determined that such default has had, or is likely to have, a material adverse effect on the Project:

Appears in 1 contract

Samples: Negotiated Financing Agreement

Special Covenants. In accordance with Section 12.01(a)(xxiii) of the General Conditions, the Fund may suspend, in whole or in part, the right of the Borrower to request withdrawals from the Loan Financing Account if the Borrower has defaulted in the performance of any covenant set forth below, and the Fund has determined that such default has had, or is likely to have, a material adverse effect on the Project:

Appears in 1 contract

Samples: Negotiated Financing Agreement

Special Covenants. In accordance with Section 12.01(a)(xxiii12.01(a) (xxiii) of the General Conditions, the Fund may suspend, in whole or in part, the right of the Borrower Borrower/Recipient to request withdrawals from [the Loan Account Account] [and] [the Grant Account] if the Borrower Borrower/Recipient has defaulted in the performance of any covenant set forth below, and the Fund has determined that such default has had, or is likely to have, a material adverse effect on the Project:/Programme: __________

Appears in 1 contract

Samples: Financing Agreement

Special Covenants. In accordance with Section 12.01(a)(xxiii) of the General Conditions, the Fund may suspend, in whole or in part, the right of the Borrower to request withdrawals from the Loan Account if the Borrower has defaulted in the performance performanc e of any covenant set forth below, and the Fund has determined that such default has had, or is likely to have, a material adverse effect on the Project:

Appears in 1 contract

Samples: Negotiated Financing Agreement

Special Covenants. In accordance with Section 12.01(a)(xxiii) of the General Conditions, the Fund may suspend, in whole or in part, the right of the Borrower to request withdrawals from the Loan Account and the Grant Account if the Borrower has defaulted in the performance of any covenant set forth below, and the Fund has determined that such default has had, or is likely to have, a material adverse effect on the ProjectProgramme:

Appears in 1 contract

Samples: Negotiated Financing Agreement

Special Covenants. In accordance with Section 12.01(a)(xxiii) of the General Conditions, the Fund may suspend, in whole or in part, the right of the Borrower Recipient to request withdrawals from the Loan Grant Account if the Borrower Recipient has defaulted in the performance of any covenant set forth below, and the Fund has determined that such default has had, or is likely to have, a material adverse effect on the Project:Programme.

Appears in 1 contract

Samples: Negotiated Financing Agreement

Special Covenants. In accordance with Section 12.01(a)(xxiii) of the General Conditions, the Fund may suspend, in whole or in part, the right of the Borrower to request withdrawals from the Loan Account if the Borrower has defaulted in the performance of any covenant set forth below, and the Fund has determined that such default has had, or is likely to have, a material adverse effect on the ProjectProgramme:

Appears in 1 contract

Samples: Negotiated Financing Agreement

Special Covenants. In accordance with Section 12.01(a)(xxiii) of the General Conditions, the Fund may suspend, in whole or in part, the right of the Borrower Borrower/Recipient to request withdrawals from the Loan Account, the DSF Grant Account, and/or the ASAP Grant Account if the Borrower Borrower/Recipient has defaulted in the performance of any covenant set forth below, and the Fund has determined that such default has had, or is likely to have, a material adverse effect on the Project:

Appears in 1 contract

Samples: Negotiated Financing Agreement

Special Covenants. In accordance with Section 12.01(a)(xxiii) of the General Conditions, the Fund may suspend, in whole or in part, the right of the Borrower Borrower/Recipient to request withdrawals from the Loan Account if the Borrower Borrower/Recipient has defaulted in the performance of any covenant set forth below, and the Fund has determined that such default has had, or is likely to have, a material adverse effect on the Project:

Appears in 1 contract

Samples: Negotiated Financing Agreement

Special Covenants. In accordance with Section 12.01(a)(xxiii12.01(a) (xxiii) of the General Conditions, the Fund may suspend, in whole or in part, the right of the Borrower Borrower/Recipient to request withdrawals from the Loan Account if the Borrower Borrower/Recipient has defaulted in the performance of any covenant set forth below, and the Fund has determined that such default has had, or is likely to have, a material adverse effect on the ProjectProgramme:

Appears in 1 contract

Samples: Negotiated Financing Agreement

Special Covenants. In accordance with Section 12.01(a)(xxiii) of the General Conditions, the Fund may suspend, in whole or in part, the right of the Borrower to request withdrawals from the Loan Account, the IFAD Grant Account and the ASAP Trust Grant Account, if the Borrower has defaulted in the performance of any covenant set forth below, and the Fund has determined that such default has had, or is likely to have, a material adverse effect on the Project:

Appears in 1 contract

Samples: Negotiated Financing Agreement

Special Covenants. In accordance with Section 12.01(a)(xxiii) of the General Conditions, the Fund may suspend, in whole or in part, the right of the Borrower Borrower/Recipient to request withdrawals from the Loan Loan/Grant Account if the Borrower Borrower/Recipient has defaulted in the performance of any covenant set forth below, and the Fund has determined that such default has had, or is likely to have, a material adverse effect on the Project:

Appears in 1 contract

Samples: Negotiated Financing Agreement

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