Suspension; Acceleration of Maturity. Section 5.01. The following are specified as additional events for suspension of the right of the Borrower to make withdrawals from the Loan Account for the purposes of Section 8.01(m) of the Loan Regulations: (a) a party to an Onlending Agreement shall have failed to perform one or more of its obligations under an Onlending Agreement; (b) the Borrower shall have failed to perform one or more of its obligations under the Grant Agreement; and (c) the Borrower shall have failed to perform one or more of its obligations under the Ordinary Operations Loan Agreement. Section 5.02. The following is specified as an additional event for acceleration of maturity for the purposes of Section 8.07(d) of the Loan Regulations: any of the events specified in Section 5.01 of this Loan Agreement shall have occurred.
Appears in 2 contracts
Samples: Loan Agreement, Loan Agreement
Suspension; Acceleration of Maturity. Section 5.01. The following are specified as additional events for suspension of the right of the Borrower to make withdrawals from the Loan Account for the purposes of Section 8.01(m9.01(l) of the Loan Regulations:
(a) a party to an Onlending Agreement the Borrower, APSCL or BPDB shall have failed to perform one or more any of its their respective obligations under an Onlending Agreement;the Subsidiary Loan Agreements; and
(b) the Borrower IsDB Financing Agreement shall have failed been suspended by IsDB for a reason which in the reasonable opinion of ADB is likely to perform one or more of its obligations under have an adverse impact on the Grant Agreement; and
(c) the Borrower shall have failed to perform one or more of its obligations under the Ordinary Operations Loan AgreementProject.
Section 5.02. The following is specified as an additional event for acceleration of maturity for the purposes of Section 8.07(d9.07(a)(iv) of the Loan Regulations: any of the events specified in Section 5.01 of this Loan Agreement shall have occurred.
Appears in 1 contract
Samples: Loan Agreement
Suspension; Acceleration of Maturity. Section 5.01. The following are specified as additional events for suspension of the right of the Borrower to make withdrawals from the Loan Account for the purposes of Section 8.01(m9.01(l) of the Ordinary Operations Loan Regulations:
(a) a party to an Onlending the Initial Loan Agreement, either of the Supplementary Loan Agreements, or the Special Operations Loan Agreement shall have failed become liable for suspension or cancellation or shall have become repayable prior to perform one or more of its obligations under an Onlending Agreement;the agreed maturity date; and
(b) the Borrower or NWSDB shall have failed to perform one or more any of its their obligations under the Grant Agreement; and
(c) the Borrower shall have failed to perform one or more of its obligations under the Ordinary Operations Loan AgreementSubsidiary Financing Agreements.
Section 5.02. The following is are specified as an additional event events for acceleration of maturity for the purposes of Section 8.07(d9.07(a)(iv) of the Ordinary Operations Loan Regulations: any of the events specified in Section 5.01 of this Loan Agreement shall have occurred.
Appears in 1 contract
Samples: Loan Agreement
Suspension; Acceleration of Maturity. Section 5.01. The following are specified as additional events for the suspension of the right of the Borrower Beneficiary to make withdrawals from the Loan Account for the purposes of Section 8.01(m) of the Loan Regulations and the Grant Account for the purposes of Section 8.01(k) of the Grant Regulations, respectively:
(a) a party the EDB Loan shall have become liable for suspension or cancellation or shall have become repayable prior to an Onlending Agreement its agreed maturity date; or
(b) the Beneficiary or EPP shall have failed to perform one or more any of its obligations under an Onlending Agreement;
(b) the Borrower shall have failed to perform one or more of its their respective obligations under the Grant Agreement; and
(c) the Borrower shall have failed to perform one or more of its obligations under the Ordinary Operations Loan Subsidiary Financing Agreement.
Section 5.02. The following is specified as an additional event for acceleration of maturity of the loan for the purposes of Section 8.07(d) of the Loan Regulations: any of the events specified in Section 5.01 of this Loan Financing Agreement shall have occurred.
Appears in 1 contract
Samples: Financing Agreement
Suspension; Acceleration of Maturity. Section 5.01. The following are specified as additional events for suspension of the right of the Borrower to make withdrawals from the Loan Account for the purposes of Section 8.01(m) of the Loan Regulations:
(a) a party the Loan between the Borrower and the Government of Korea referred to an Onlending in Recital (B) of this Loan Agreement shall have become liable for suspension or cancellation or shall have become repayable prior to its agreed maturity date; and
(b) THWSC shall have failed to perform one or more any of its obligations under an Onlending Agreement;
(b) the Borrower shall have failed to perform one or more of its material obligations under the Grant Agreement; and
(c) the Borrower shall have failed to perform one or more of its obligations under the Ordinary Operations Loan AgreementSLA.
Section 5.02. The following is are specified as an additional event events for acceleration of maturity for the purposes of Section 8.07(d8.01(d) of the Loan Regulations: any either of both of the events specified in Section 5.01 of this the Loan Agreement shall have occurred.
Appears in 1 contract
Samples: Loan Agreement
Suspension; Acceleration of Maturity. Section 5.01. The following are specified as additional events for suspension of the right of the Borrower to make withdrawals from the Loan Account for the purposes of Section 8.01(m) of the Loan Regulations:
(a) a party to an Onlending Agreement BLPA shall have failed to perform one or more of its obligations under an Onlending Agreement;
(b) the Borrower shall have failed to perform one or more any of its obligations under the Grant Project Agreement; and
(cb) any change in the Borrower shall have failed to perform one constitution, articles, statute or more equivalent document of BLPA which has the effect of preventing BLPA from performing its obligations under (i) the Ordinary Operations Project Agreement; or (ii) the Subsidiary Loan Agreement.
Section 5.02. The following is specified as an additional event for acceleration of maturity for the purposes of Section 8.07(d) of the Loan Regulations: any of the events specified in Section 5.01 of this Loan Agreement shall have occurred.
Appears in 1 contract
Samples: Loan Agreement
Suspension; Acceleration of Maturity. Section 5.01. The following are specified as additional events for suspension of the right of the Borrower to make withdrawals from the Loan Account Accounts for the purposes of Section 8.01(m) of the Loan Regulations:
(a) a party to an Onlending Agreement the Borrower or VEC shall have failed to perform one or more any of its obligations under an Onlending Agreementthe Initial Loan Agreements;
(b) the Borrower or VEC shall have failed to perform one or more any of its obligations under the Grant OCR Loan Agreement; and
(c) the Borrower VEC shall have failed to perform one or more any of its obligations under the Ordinary Operations Loan Project Agreement.
Section 5.02. The following is specified as an additional event for acceleration of maturity for the purposes of Section 8.07(d) of the Loan Regulations: any of the events specified in Section 5.01 of this Loan Agreement shall have occurred.
Appears in 1 contract
Samples: Loan Agreement
Suspension; Acceleration of Maturity. Section 5.01. The following are specified as additional events for suspension of the right of the Borrower to make withdrawals from the Loan Account for the purposes of Section 8.01(m) of the Loan Regulations:
(a) a party to an Onlending Agreement the Borrower shall have have, in the opinion of ADB, failed to perform one or more of its obligations under an Onlending Agreement;
(b) the Borrower shall have failed to perform one or more of its obligations under the Grant Agreement; and
(c) the Borrower shall have failed to perform one or more any of its obligations under the Ordinary Operations Loan Agreement; and
(b) the Borrower and/or CIPA shall have, in the opinion of ADB, failed to perform any of its obligations under the Subsidiary Loan Agreement.
Section 5.02. The following is specified as an additional event for acceleration of maturity for the purposes of Section 8.07(d) of the Loan Regulations: any of the events specified in Section 5.01 of this Loan Agreement shall have occurred.
Appears in 1 contract
Samples: Loan Agreement
Suspension; Acceleration of Maturity. Section 5.01. The following are specified as additional events for suspension of the right of the Borrower to make withdrawals from the Loan Account for the purposes of Section 8.01(m9.01(l) of the Loan Regulations:
(a) a party to an Onlending Agreement the Borrower shall have have, in the opinion of ADB, failed to perform one or more any of its obligations under an Onlending the Special Operations Loan Agreement;; and
(b) the Borrower and/or CIPA shall have have, in the opinion of ADB, failed to perform one or more any of its obligations under the Grant Agreement; and
(c) the Borrower shall have failed to perform one or more of its obligations under the Ordinary Operations Subsidiary Loan Agreement.;
Section 5.02. The following are is specified as an additional event for acceleration of maturity for the purposes of Section 8.07(d9.07(a)(iv) of the Loan Regulations: any of the events specified in Section 5.01 of this Loan Agreement shall have occurred.
Appears in 1 contract
Samples: Loan Agreement
Suspension; Acceleration of Maturity. Section 5.01. The following are specified as additional events for suspension of the right of the Borrower to make withdrawals from the Loan Account for the purposes of Section 8.01(m) of the Loan Regulations:
(a) a party to an Onlending Agreement NEA shall have failed to perform one or more any of its obligations under an Onlending the Subsidiary Loan Agreement;; and
(b) the Borrower Act or the NEA Act or any provision thereof shall have failed to perform one been repealed, suspended, or more amended in any manner which, in the reasonable opinion of its obligations under ADB, will adversely affect the Grant Agreement; and
(c) carrying out of the Borrower shall have failed to perform one Project or more the operation of its obligations under the Ordinary Operations Loan AgreementProject facilities.
Section 5.02. The following is specified as an additional event for acceleration of maturity for the purposes of Section 8.07(d) of the Loan Regulations: any of the events specified in Section 5.01 of this Loan Agreement shall have occurred.
Appears in 1 contract
Samples: Loan Agreement
Suspension; Acceleration of Maturity. Section 5.01. The following are specified as additional events for suspension of the right of the Borrower to make withdrawals from the Loan Account for the purposes of Section 8.01(m9.01(l) of the Loan Regulations:
(a) a party to an Onlending Agreement the Borrower or VEC shall have failed to perform one or more any of its obligations under an Onlending Agreementthe Initial Loan Agreements;
(b) the Borrower or VEC shall have failed to perform one or more any of its obligations under the Grant ADF Loan Agreement; and
(c) the Borrower VEC shall have failed to perform one or more any of its obligations under the Ordinary Operations Loan Project Agreement.
Section 5.02. The following is specified as an additional event for acceleration of maturity for the purposes of Section 8.07(d9.07(a)(iv) of the Loan Regulations: any of the events specified in Section 5.01 of this Loan Agreement shall have occurred.
Appears in 1 contract
Samples: Loan Agreement
Suspension; Acceleration of Maturity. Section 5.01. The following are specified as additional events for suspension of the right of the Borrower to make withdrawals from the Loan Account for the purposes of Section 8.01(m) of the Loan Regulations:
(a) a party to an Onlending Agreement the Guarantor shall have failed to perform one or more of its obligations under an Onlending the Guarantee Agreement;
(b) the Borrower shall have failed to perform one or more of its obligations under the Grant Ordinary Operations Loan Agreement; andor
(c) the Borrower or YSPSC shall have failed to perform one or more of its their obligations under the Ordinary Operations Subsidiary Loan Agreement.
Section 5.02. The following is specified as an additional event for acceleration of maturity for the purposes of Section 8.07(d) of the Loan Regulations: any of the events specified in Section 5.01 of this Loan Agreement shall have occurred.
Appears in 1 contract
Samples: Loan Agreement
Suspension; Acceleration of Maturity. Section 5.01. The following are specified as additional events for suspension of the right of the Borrower to make withdrawals from the Loan Account for the purposes of Section 8.01(m9.01(l) of the Loan Regulations:
(a) a party to an Onlending Agreement shall have failed to perform one or more of its obligations under an Onlending Agreement;
(b) the Borrower shall have failed to perform one or more any of its obligations under the Grant Special Operations Loan Agreement;
(b) NWSDB shall have failed to perform any of its obligations under the Project Agreement; and
(c) the Borrower or NWSDB shall have failed to perform one or more any of its obligations under the Ordinary Operations Subsidiary Loan Agreement.
Section 5.02. The following is specified as an additional event for acceleration of maturity of the Loan for the purposes of Section 8.07(d9.07(a)(iv) of the Loan Regulations: any of the events event specified in Section 5.01 of this Loan Agreement shall have has occurred.
Appears in 1 contract
Samples: Loan Agreement
Suspension; Acceleration of Maturity. Section 5.01. The following are is specified as an additional events event for suspension of the right of the Borrower to make withdrawals from the Loan Account for the purposes of Section 8.01(m) of the Loan Regulations:
(a) a party to an Onlending Agreement : any annual fiduciary review, post- procurement review or annual audit conducted under the Project finds any material irregularities in the Project, or ADB shall have failed to perform one determined that any procurement of Goods, Works or more of its obligations under an Onlending Agreement;
(b) the Borrower shall have failed to perform one or more of its obligations Consulting Services under the Grant Agreement; and
(c) Project is inconsistent with the Borrower shall have failed to perform one relevant procedures set out in the Procurement Guidelines or more of its obligations under the Ordinary Operations Loan AgreementConsulting Guidelines.
Section 5.02. The following is specified as an additional event for acceleration of maturity for the purposes of Section 8.07(d) of the Loan Regulations: any of the events event specified in Section 5.01 of this Loan Agreement shall have occurred.
Appears in 1 contract
Samples: Loan Agreement
Suspension; Acceleration of Maturity. Section 5.01. The following are specified as additional events for suspension of the right of the Borrower to make withdrawals from the Loan Account for the purposes of Section 8.01(m9.01(l) of the Loan Regulations:
(a) a party to an Onlending Agreement the Guarantor shall have failed to perform one or more of its obligations under an Onlending the Guarantee Agreement;
(b) the Borrower shall have failed to perform one or more of its obligations under the Grant Special Operations Loan Agreement; andor
(c) the Borrower or YSPSC shall have failed to perform one or more of its their obligations under the Ordinary Operations Subsidiary Loan Agreement.
Section 5.02. The following is specified as an additional event for acceleration of maturity for the purposes of Section 8.07(d9.07(a)(iv) of the Loan Regulations: any of the events specified in Section 5.01 of this Loan Agreement shall have occurred.
Appears in 1 contract
Samples: Loan Agreement
Suspension; Acceleration of Maturity. Section 5.01. The following are specified as additional events for suspension of the right of the Borrower to make withdrawals from the Loan Account for the purposes of Section 8.01(m9.01(l) of the Loan Regulations:
(a) there has been any change in the Memorandum of Association or Articles of Association of RRVPNL that has a party to an Onlending Agreement shall have failed to perform one or more material adverse impact on the Project in the reasonable opinion of its obligations under an Onlending Agreement;ADB; and
(b) any financing arrangement in so far as it relates to the Borrower Project, between the State and RRVPNL shall have failed to perform one become liable for suspension or more of its obligations under the Grant Agreement; and
(c) the Borrower shall have failed to perform one or more of its obligations under the Ordinary Operations Loan Agreementcancellation.
Section 5.02. The following is are specified as an additional event events for acceleration of maturity for the purposes of Section 8.07(d9.07(a)(iv) of the Loan Regulations: any of the events specified in Section 5.01 of this Loan Agreement shall have occurred.
Appears in 1 contract
Samples: Loan Agreement
Suspension; Acceleration of Maturity. Section 5.01. The following are specified as additional events for suspension of the right of the Borrower to make withdrawals from the Loan Account for the purposes of Section 8.01(m9.01(l) of the Loan Regulations:.
(a) a Any party to an the Onlending Agreement shall have failed to perform one or more of its obligations any material obligation under an the Onlending Agreement;.
(b) the Borrower The Borrower, HPG or JECC, without obtaining prior agreement of ADB, shall have failed made any material changes to ownership or control of JECC that may adversely affect its ability to perform one or more of its obligations under this Loan Agreement, the Grant Agreement; and
(c) Project Agreement or the Borrower shall have failed to perform one or more of its obligations under the Ordinary Operations Loan Onlending Agreement.
Section 5.02. The following is are specified as an additional event events for acceleration of maturity for the purposes of Section 8.07(d9.07(a)(iv) of the Loan Regulations: any of the events specified in Section 5.01 of this Loan Agreement shall have occurred.
Appears in 1 contract
Samples: Loan Agreement
Suspension; Acceleration of Maturity. Section 5.01. The following are specified as additional events for suspension of the right of the Borrower to make withdrawals from the Loan Account for the purposes of Section 8.01(m9.01(l) of the Loan Regulations:
(a) a party to an Onlending Agreement the Act or any provision thereof shall have failed to perform one been repealed or more amended in any manner which in the reasonable opinion of its obligations under an Onlending Agreement;ADB will or may adversely affect the carrying out of the Project or the operation of the Project facilities; and
(b) the Borrower Initial Loan Agreement shall have failed to perform one or more of its obligations under the Grant Agreement; and
(c) the Borrower shall have failed to perform one or more of its obligations under the Ordinary Operations Loan Agreementbeen suspended and/or cancelled.
Section 5.02. The following is specified as an additional event for acceleration of maturity for the purposes of Section 8.07(d9.07(a)(iv) of the Loan Regulations: any of the events specified in Section 5.01 of this Loan Agreement shall have occurred.
Appears in 1 contract
Samples: Loan Agreement
Suspension; Acceleration of Maturity. Section 5.01. The following are specified as additional events for suspension of the right of the Borrower to make withdrawals from the Loan Account for the purposes of Section 8.01(m) of the Loan Regulations:
(a) a party to an Onlending Agreement shall have failed to perform one or more of its obligations under an Onlending Agreement;
(b) the Borrower shall have failed to perform one or more any of its obligations under the Grant Ordinary Operations Loan Agreement;
(b) NWSDB shall have failed to perform any of its obligations under the Project Agreement; and
(c) the Borrower or NWSDB shall have failed to perform one or more any of its obligations under the Ordinary Operations Subsidiary Loan Agreement.
Section 5.02. The following is specified as an additional event for acceleration of maturity for the purposes of Section 8.07(d) of the Loan Regulations: any of the events specified in Section 5.01 of this Loan Agreement shall have occurred.
Appears in 1 contract
Samples: Loan Agreement
Suspension; Acceleration of Maturity. Section 5.01. The following are specified as additional events for suspension of the right of the Borrower to make withdrawals from the Loan Account for the purposes of Section 8.01(m) of the Special Operations Loan Regulations:
(a) a party to an Onlending the Initial Loan Agreement, either of the Supplementary Loan Agreements, or the Ordinary Operations Loan Agreement shall have failed become liable for suspension or cancellation or shall have become repayable prior to perform one or more of its obligations under an Onlending Agreement;the agreed maturity date; and
(b) the Borrower or NWSDB shall have failed to perform one or more any of its their obligations under the Grant Agreement; and
(c) the Borrower shall have failed to perform one or more of its obligations under the Ordinary Operations Loan AgreementSubsidiary Financing Agreements.
Section 5.02. The following is are specified as an additional event events for acceleration of maturity for the purposes of Section 8.07(d) of the Special Operations Loan Regulations: any of the events specified in Section 5.01 of this Loan Agreement shall have occurred.
Appears in 1 contract
Samples: Loan Agreement
Suspension; Acceleration of Maturity. Section 5.01. The following are specified as additional events for suspension of the right of the Borrower to make withdrawals from the Loan Account for the purposes of Section 8.01(m) of the Loan Regulations:
(a) a party any material change to an Onlending Agreement shall have failed to perform one the Legislation that will or more may adversely affect the implementation of its obligations under an Onlending Agreementthe Project;
(b) the Borrower shall have failed to perform one or more any of its obligations under the Grant Agreement; and
(c) the Borrower OFID Loan shall have failed become liable for suspension or cancellation prior to perform one or more of its obligations under the Ordinary Operations Loan Agreementagreed maturity date.
Section 5.02. The following is specified as an additional event for acceleration of maturity for the purposes of Section 8.07(d) of the Loan Regulations: any of the events specified in Section 5.01 of this Loan Agreement shall have occurred.
Appears in 1 contract
Samples: Loan Agreement
Suspension; Acceleration of Maturity. Section 5.01. The following are specified as additional events for suspension of the right of the Borrower to make withdrawals from the Loan Account for the purposes of Section 8.01(m9.01(l) of the Loan Regulations:
(a) a party to an Onlending Agreement the Borrower, APSCL, PGCB or BREB shall have failed to perform one or more any of its their respective obligations under an Onlending Agreement;the Subsidiary Loan Agreements; and
(b) the Borrower IsDB Financing Agreement shall have failed been suspended by IsDB for a reason which is likely to perform one or more of its obligations under have an adverse impact on the Grant Agreement; and
(c) the Borrower shall have failed to perform one or more of its obligations under the Ordinary Operations Loan AgreementProject.
Section 5.02. The following is specified as an additional event for acceleration of maturity for the purposes of Section 8.07(d9.07(a)(iv) of the Loan Regulations: any either of the events specified in Section 5.01 of this Loan Agreement shall have occurred.
Appears in 1 contract
Samples: Loan Agreement