VARIATIONS, SUPPLEMENTS OR REPLACEMENTS TO THE FACILITY SPECIFIC TERMS Sample Clauses

VARIATIONS, SUPPLEMENTS OR REPLACEMENTS TO THE FACILITY SPECIFIC TERMS. ‌ The following variations, supplements or replacements shall apply in relation to Section 1 of the Facility Specific Terms: 4.1 Requests, Disbursements and Conditions to Disbursements‌ (a) (Disbursement procedure - Non-recapitalisation/resolution Disbursements) Clause 4 of Section 1 of the Facility Specific Terms shall be read as if, after the words “shall apply to this Loan Facility” it included the words “in relation to Tranches, Sub-Tranches and Disbursements made other than for the purposes of recapitalising financial institutions or covering bank resolution costs.” (b) (Disbursement procedure - Recapitalisation/resolution Disbursements) In addition to the provisions of Clause 4 of Section 1 of the Facility Specific Terms, the following provisions shall apply to the Facility. Where a Tranche, Sub-Tranche or Disbursement is requested for the purposes of recapitalising financial institutions or covering bank resolution costs, Clause 5 (Requests, Disbursements and Conditions to Disbursements) of the General Terms shall apply to each relevant Request for Funds and each such Tranche, Sub-Tranche or Disbursement, provided that: (i) (Normal disbursements) If the relevant Request for Funds does not specify a Stepped Disbursement Procedure for any Tranche, Sub- Tranche or Disbursement requested under that Request for Funds, then Clause 4 of Section 4 of the Facility Specific Terms shall also apply to such Tranche, Sub-Tranche or Disbursement.‌ (ii) (Stepped disbursements) If the relevant Request for Funds specifies a Stepped Disbursement Procedure for any Tranche, Sub-Tranche or Disbursement requested under that Request for Funds, then, in relation to such Tranche, Sub-Tranche or Disbursement:‌ (A) Clause 5.4 of the General Terms shall be read as though, after the words “If the conditions in Clause 5.3 (or, in the case of a DRI Facility, the conditions in Clause 5.3.1

VARIATIONS, SUPPLEMENTS OR REPLACEMENTS TO THE FACILITY SPECIFIC TERMS. The following variations, supplements or replacements shall apply in relation to the Facility Specific Terms in relation to an ECCL Facility, a Financial Institution Recapitalisation Facility and to a Loan Facility, where Financial Assistance is being provided to the Beneficiary Member State or the Resolution Fund (if applicable) under such Facility by way of financing the SRB Loan Facility Agreement. 4.1 The following variations, supplements or replacements shall apply in relation to Section 1: "Loan Facility: Facility Specific Terms"