Common use of Suspension; Acceleration of Maturity Clause in Contracts

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 Section 8.01(m) of the Loan Regulations: (a) the Borrower shall have failed to perform any of its obligations under the Ordinary Operations Loan Agreement; (b) Bangladesh Bank shall have failed to perform any of its obligations under the Project Agreement, the Administration Agreement or a Participation Agreement; and (c) a PFI shall have failed to perform any of its obligations under a Participation Agreement. Section 5.02. The following are specified as additional events 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.

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) the Borrower shall have failed to perform any one or more of its obligations under the Ordinary Operations Loan Agreement; (b) Bangladesh Bank shall have failed to perform any of its obligations under the Project Agreement, the Administration Agreement or a Participation Grant Agreement; and (cb) a PFI the Bangladesh Water Development Board Act, 2000, shall have failed to perform been repealed, suspended or amended in any manner which, in the reasonable opinion of its obligations under a Participation AgreementADB, may adversely affect the carrying out of the Project or the operation of the Project facilities. Section 5.02. The following are is specified as an additional events 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.

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) the Borrower shall have failed to perform any one or more of its obligations under the Ordinary Operations Loan Agreement; (b) Bangladesh Bank shall have failed to perform any of its obligations under the Project Agreement, the Administration Agreement or a Participation Grant Agreement; and (cb) a PFI the Bangladesh Water Development Board Act, 2000 shall have failed to perform been repealed, suspended or amended in any manner which, in the reasonable opinion of its obligations under a Participation AgreementADB, may adversely affect the carrying out of the Project or the operation of the Project facilities. Section 5.02. The following are is specified as an additional events 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.

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) the Borrower shall have failed to perform any of its obligations under the Ordinary Special Operations Loan Agreement; (b) Bangladesh Bank shall have failed to perform any of its obligations under the Project Agreement, the Administration Agreement or a Participation Agreement; and (c) a PFI shall have shall have failed to perform any of its obligations under a Participation Agreement. Section 5.02. The following are specified as additional 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.