Common use of Suspension; Acceleration of Maturity Clause in Contracts

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 8.01(m) of the Loan Regulations: the AFD Loan shall have become liable for suspension or cancellation or shall have become repayable prior to its agreed maturity date.

Appears in 1 contract

Samples: www.adb.org

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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 8.01(m7.01(i) of the Loan RegulationsStandard Terms: If the AFD ADB Loan shall have become liable for suspension or cancellation or shall have become repayable prior to its agreed maturity date.

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 8.01(m7.01(i) of the Loan RegulationsStandard Terms: the AFD ADB Loan Agreement shall have become liable for suspension or cancellation or shall have become repayable prior to its agreed maturity date.

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 8.01(m) of the Loan Regulations or cancellation of the Loan pursuant to Section 8.01 of the Loan Regulations: the AFD Borrower shall have, in the opinion of ADB, failed to perform any of its obligations under the Program Loan shall have become liable for suspension or cancellation or shall have become repayable prior to its agreed maturity dateAgreement.

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 8.01(m) of the Loan Regulations: the AFD Loan Borrower shall have become liable for suspension or cancellation or shall have become repayable prior failed, in the opinion of ADB, to perform any of its agreed maturity dateobligations under the Project Loan Agreement.

Appears in 1 contract

Samples: www.adb.org

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Suspension; Acceleration of Maturity. Section 5.016.01. 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 8.01(m9.01(l) of the Loan Regulations: the AFD Loan Memorandum and Articles, or any provision thereof, shall have become liable for suspension been repealed, suspended or cancellation or shall have become repayable prior to its agreed maturity dateamended in any manner which in ADB’s reasonable opinion may adversely affect the carrying out of the Loan Agreement.

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 8.01(m7.01(i) of the Loan RegulationsStandard Terms: the AFD ADB Loan shall have become liable for suspension or cancellation or shall have become repayable prior to its agreed maturity date.

Appears in 1 contract

Samples: Loan Agreement

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