Remedies of the Bank Sample Clauses

Remedies of the Bank. 4.01. The Additional Event of Suspension consists of the following, namely, that a situation has arisen which shall make it improbable that the Program, or a significant part of it, will be carried out.

Remedies of the Bank. 4.01. The Additional Event of Suspension consists of the following, namely that a situation has arisen which shall make it improbable that the Program, or a significant part of it, will be carried out. 4.02. The Additional Event of Acceleration consists of the following, namely that the event specified in Section 4.01 of this Agreement occurs and is continuing for a period of sixty (60) days after notice of the event has been given by the Bank to the Borrower.

Remedies of the Bank. Section 5.01. Pursuant to Section 6.02 (p) of the General Conditions, the following additional events are specified: (a) FISDL has failed to comply with any of its obligations under the Subsidiary Agreement. (b) Any Participating Agency has failed to comply with any of its obligations under its respective Participation Agreement or Coordination Agreement, as the case may be. (c) The Decrees referred to in the definitions of FISDL and Program in Section 1.02 (k) and (aa) of this Agreement or any provision thereof shall have been amended, suspended, abrogated, repealed or waived so as to affect materially and adversely, in the opinion of the Bank, the ability of the Borrower to perform any of its obligations under this Agreement. (d) The Borrower or any other authority having jurisdiction shall have taken any action for the dissolution or disestablishment of FISDL. (e) The IADB Loan Agreement shall have failed to become effective by October 12, 2006, or such later date as the Bank may agree; provided, however, that the provisions of this paragraph shall not apply if the Borrower establishes to the satisfaction of the Bank that adequate funds for the Project are available to the Borrower from other sources on terms and conditions consistent with the obligations of the Borrower under this Agreement. (i) Subject to subparagraph (ii) of this paragraph: (A) the right of the Borrower to withdraw the proceeds of the IADB Loan made to the Borrower for the financing of the Project shall have been suspended, canceled or terminated in whole or in part, pursuant to the terms of the IADB Loan Agreement; or (B) the IADB Loan shall have become due and payable prior to the agreed maturity thereof. (ii) Subparagraph (i) of this paragraph shall not apply if the Borrower establishes to the satisfaction of the Bank that: (A) such suspension, cancellation, termination or prematuring is not caused by the failure of the Borrower to perform any of its obligations under such agreement; and (B) adequate funds for the Project are available to the Borrower from other sources on terms and conditions consistent with the obligations of the Borrower under this Agreement.

Remedies of the Bank. Section 6.01. Pursuant to Section 6.02(p) of the General Conditions, the following additional events are specified: (a) The EBRD Loan Agreement or the DBK Loan Agreement, as the case may be, shall have failed to become effective by August 31, 2006, or such later date as the Bank may agree; provided, however, that the provisions of this paragraph shall not apply if the Borrower establishes to the satisfaction of the Bank that adequate funds for Parts A, B and C of the Project are available to the Borrower from other sources on terms and conditions consistent with the obligations of the Borrower under this Agreement. (i) Subject to sub-paragraph (ii) of this paragraph: (A) the right of the Borrower to withdraw the proceeds of the EBRD Loan or the DBK Loan, as the case may be, made to the Borrower for the financing of the Project shall have been suspended, canceled or terminated in whole or in part, pursuant to the terms of the EBRD Loan Agreement or the DBK Loan Agreement, as the case may be; or (B) the EBRD Loan or the DBK Loan, as the case may be, shall have become due and payable prior to the agreed maturity thereof. (ii) Sub-paragraph (i) of this paragraph shall not apply if the Borrower establishes to the satisfaction of the Bank that: (A) such suspension, cancellation, termination or pre-maturing is not caused by the failure of the Borrower to perform any of its obligations under such agreement; and (B) adequate funds for Parts A, B and C of the Project are available to the Borrower from other sources on terms and conditions consistent with the obligations of the Borrower under this Agreement.

Remedies of the Bank. Section 5.01. Pursuant to Section 6.02 (p) of the General Conditions, the following additional event is specified, namely, that a situation shall have arisen which shall make it improbable that the Program or a significant part thereof will be carried out.

Remedies of the Bank. Section 5.01. Pursuant to Section 6.02 (l) of the General Conditions, the following additional events are specified: (a) DHE or NDC shall have failed to perform any of its obligations under the DHE Project Agreement or NDC Project Agreement, respectively. (b) As a result of events which have occurred after the date of the Loan Agreement, an extraordinary situation shall have arisen which shall make it improbable that DHE or NDC will be able to perform its obligations under the DHE Project Agreement or NDC Project Agreement, respectively. (c) The DHE Operational Plan or any legislation applicable to the establishment or operations of DHE shall have been amended, suspended, abrogated, repealed or waived so as to affect materially and adversely the ability of DHE to perform any of its obligations under the DHE Project Agreement. (d) The NDC Operational Plan or any legislation applicable to the establishment or operations of NDC shall have been amended, suspended, abrogated, repealed or waived so as to affect materially and adversely the ability of NDC to perform any of its obligations under the NDC Project Agreement. (e) The Borrower or any other authority having jurisdiction shall have taken any action for the dissolution or disestablishment of DHE or for the suspension of its operations. (f) The Borrower or any other authority having jurisdiction shall have taken any action for the dissolution or disestablishment of NDC or for the suspension of its operations. (i) Subject to subparagraph (ii) of this paragraph, the right of the Borrower to withdraw the proceeds of any grant made to the Borrower for the financing of the Project shall have been suspended, cancelled or terminated in whole or in part, pursuant to the terms thereof. (ii) Subparagraph (i) of this paragraph shall not apply if the Borrower establishes to the satisfaction of the Bank that: (A) such suspension, cancellation or termination is not caused by the failure of the Borrower to perform any of its obligations under such agreement; and (B) adequate funds for the Project are available to the Borrower from other sources on terms and conditions consistent with the obligations of the Borrower under this Agreement. Section 5.02. Pursuant to Section 7.01 (h) of the General Conditions, the following additional events are specified: (a) the event specified in paragraph (a) of Section 5.01 of this Agreement shall occur and shall continue for a period of 60 days after notice thereof shall have been given...

Remedies of the Bank. Section 5.01. Pursuant to Section 6.02(p) of the General Conditions, the following additional events are specified:

Remedies of the Bank. 4.01. The Additional Events of Suspension consist of the following: (a) A situation has arisen which, in the opinion of the Bank, shall make it improbable that the Program, or a significant part thereof, will be carried out. (b) The Borrower’s macroeconomic policy framework has, in the opinion of the Bank, become inconsistent with the objectives of the Program. (c) An action has been taken or a policy has been adopted to reverse any action or policy under the Program (including any action listed in Section I of Schedule 1 to this Agreement) in a manner that would, in the opinion of the Bank, adversely affect the achievement of the objectives of the Program.

Remedies of the Bank. Section 5.01. For the purposes of Section 6.02 of the General Conditions, the following additional events are specified pursuant to paragraph (k) thereof: (a) that the State shall have failed to perform any of its obligations under the Project Agreement; (b) that the lending policies and procedures set forth in the MCR which are applicable to Subloans, including the utilization of the TRD, have been amended in a way which may adversely affect the execution of Parts D and I of the Project or the accomplishment of the purposes of the Loan; (c) that any Funding Regulation shall have been amended, suspended, abrogated, repealed or waived, or the Borrower shall have failed to apply the procedures thereof in such a way as to materially and adversely affect the execution of the Project; (d) that the Borrower shall have failed to make, or have caused SUDENE to make, the advances referred to in Section 3.01 (c) (ii) of this Agreement; (e) that any action shall have been taken for the dissolution, disestablishment or suspension of the operation of SUDENE, or any Executing Entity, which may adversely affect the execution of the Project or of the Northeast Rural Development Program; and (f) that the arrangements referred to in Section 3.01 (d) of this Agreement or any of the Participating Agreements shall have been amended, suspended, abrogated, repealed or waived, in such a way as to materially and adversely affect the execution of the Project. Section 5.02. For the purposes of Section 7.01 of the General Conditions, the following additional events are specified pursuant to paragraph (h) thereof, namely, that the events specified in Section 5.01 of this Agreement shall occur and shall continue for a period of sixty days after notice thereof shall have been given by the Bank to the Borrower and the State.

Remedies of the Bank. 4.01. The Additional Event of Suspension consists of the following, namely the Memorandum and Articles of Association shall have been amended, suspended, abrogated, repealed or waived so as to affect materially and adversely the ability of the Borrower to perform any of its obligations under this Agreement. 4.02. The Additional Event of Acceleration consists of the following, namely that the event specified in Section 4.01 of this Agreement occurs.