Suspension; Acceleration of Maturity. Section 5.01. The following is specified as an additional event for suspension of the right of the Borrower to make withdrawals from the Loan Account for the purposes of Section 9.01(l) of the Loan Regulations: the PMGSY Guidelines or any provision thereof shall have been repealed, suspended or amended in any manner in so far as it relates to the Project, which in the reasonable opinion of ADB shall or may adversely affect the carrying out of the Project or the operation of the Project facilities. Section 5.02. The following is specified as an additional event for acceleration of maturity for the purposes of Section 9.07(a)(iv) of the Loan Regulations: the event specified in Section 5.01 of this Loan Agreement shall have occurred.
Appears in 3 contracts
Samples: Loan Agreement, Loan Agreement, Loan Agreement
Suspension; Acceleration of Maturity. Section 5.01. The following is specified as an additional event for suspension of the right of the Borrower to make withdrawals from the Loan Account for the purposes of Section 9.01(l) of the Loan Regulations: the PMGSY Guidelines or any provision thereof shall have been repealed, suspended or amended in any manner in so far as it relates to the Project, which in the reasonable opinion of ADB shall or may adversely affect the carrying out of the Project or the operation of the Project facilitiesProject.
Section 5.02. The following is specified as an additional event for acceleration of maturity for the purposes of Section 9.07(a)(iv9.07(a) (iv) of the Loan Regulations: the event 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 is are specified as an additional event events for suspension of the right of the Borrower by prior notice to the Borrower to make withdrawals from the Loan Account for the purposes of Section 9.01(l) of the Loan Regulations: the PMGSY Guidelines SIDBI Act or the MSME Act, or any provision thereof thereof, shall have been repealed, suspended suspended, amended or amended modified in any manner in so far as it relates to the Project, which that in the reasonable opinion of ADB shall will or may adversely affect the carrying out of the Project or the operation of the Project facilitiesthis Loan Agreement.
Section 5.02. The following is specified as an additional event for acceleration of maturity for the purposes of Section 9.07(a)(iv) of the Loan Regulations: any of the event events specified in Section 5.01 6.01 of this Loan Agreement shall have occurred.
Appears in 1 contract
Samples: Loan Agreement
Suspension; Acceleration of Maturity. Section 5.01. The following is are specified as an additional event events for suspension of the right of the Borrower to make withdrawals from the Loan Account for the purposes of Section 9.01(l8.01(m) of the Loan Regulations: :
(a) the PMGSY Guidelines Borrower shall have failed to perform any of its obligations under the AusAID Grant Agreement;
(b) the Grant shall have become liable for suspension or cancellation for any provision thereof reason whatsoever; or
(c) the Cofinancing Agreement shall have been repealed, suspended or amended in any manner in so far as it relates to the Project, which in the reasonable opinion of ADB shall or may adversely affect the carrying out of the Project or the operation of the Project facilitiescancelled.
Section 5.02. The following is specified as an additional event for acceleration of maturity for the purposes of Section 9.07(a)(iv8.07(d) of the Loan Regulations: any of the event 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 is are specified as an additional event events for suspension of the right of the Borrower to make withdrawals from the Loan Account for the purposes of Section 9.01(l) of the Loan Regulations: :
(a) there has been a change in the PMGSY Guidelines or constitutional documents of KUIDFC that has a material adverse impact on the Project; and
(b) any provision thereof shall have been repealed, suspended or amended change in any manner the financing arrangement in so far as it relates to the Project between the State and KUIDFC or an IA that has an adverse impact on the Project, which in the reasonable opinion of ADB shall or may adversely affect the carrying out of the Project or the operation of the Project facilities.
Section 5.02. The following is specified as an additional event for acceleration of maturity for the purposes of Section 9.07(a)(iv) of the Loan Regulations: any of the event 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 is are specified as an additional event events for suspension of the right of the Borrower to make withdrawals from the Loan Account for the purposes of Section 9.01(l) of the Loan Regulations: :
(a) the PMGSY Guidelines or any provision thereof KfW Loan shall have been repealed, suspended become liable for suspension or amended in cancellation or shall have become repayable prior to its agreed maturity date; and
(b) the Borrower or EVN shall have failed to perform any manner in so far as it relates to of their respective obligations under the Project, which in the reasonable opinion of ADB shall or may adversely affect the carrying out of the Project or the operation of the Project facilitiesSubsidiary Loan Agreement.
Section 5.02. The following is specified as an additional event for acceleration of maturity for the purposes of Section 9.07(a)(iv) of the Loan Regulations: any of the event 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 is specified as an additional event for suspension of the right of the Borrower to make withdrawals from the Loan Account for the purposes of Section 9.01(l8.01(m) of the Loan Regulations: any annual fiduciary review, post- procurement review or annual audit conducted under the PMGSY Guidelines or Project finds any provision thereof shall have been repealed, suspended or amended material irregularities in any manner in so far as it relates to the Project, which or ADB shall have determined that any procurement of goods or services under the Project is inconsistent with the relevant procedures set out in the reasonable opinion of ADB shall Procurement Guidelines or may adversely affect the carrying out of the Project or the operation of the Project facilitiesConsulting Guidelines.
Section 5.02. The following is specified as an additional event for acceleration of maturity for the purposes of Section 9.07(a)(iv8.07(d) of the Loan Regulations: the event specified in Section 5.01 of this Loan Agreement shall have occurred.
Appears in 1 contract
Samples: Loan Agreement