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 9.01(l) of the Loan Regulations: the Borrower shall have failed to perform any of its obligations under the Grant Agreement, the KEXIM Loan Agreement and/or an additional Project-related loan agreement with KEXIM.

Appears in 1 contract

Samples: Loan Agreement

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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 9.01(l8.01(m) of the Loan Regulations: the Borrower KEXIM Loan Agreement shall have failed been suspended and/or cancelled due to perform any of its default by the Borrower in obligations under the Grant Agreement, the KEXIM Loan Agreement and/or an additional Project-related loan agreement with KEXIMAgreement.

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: the Borrower KEXIM Loan shall have failed become liable for suspension or cancellation or shall have become repayable prior to perform any of its obligations under the Grant Agreement, the KEXIM Loan Agreement and/or an additional Project-related loan agreement with KEXIM.agreed maturity date.β€Œ

Appears in 1 contract

Samples: Loan Agreement

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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 9.01(l) of the Loan Regulations: the Borrower shall have failed to perform any an event of its obligations default or potential event of default has occurred under the Grant KfW Loan Agreement, the KEXIM Loan Agreement and/or an additional Project-related loan agreement with KEXIM.

Appears in 1 contract

Samples: Loan Agreement

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