Examples of Subsidiary Loan Agreement I in a sentence
The Additional Condition of Effectiveness consists of, namely, that at least one Amended Subsidiary Loan Agreement I has been signed by the parties thereto.
To this end, the Borrower, through the CEU, shall: (a) carry out Part C of the Project; and (b) cause each Participating Province I, through the corresponding DPV, to carry out the corresponding Subprojects pursuant to the provisions of the pertinent Amended Subsidiary Loan Agreement I, all in accordance with the provisions of Article V of the General Conditions.
The Additional Legal Matter consists of, namely, that the Amended Subsidiary Loan Agreement I entered into satisfaction of the condition set forth in Section 5.01 of this Agreement has been duly authorized or ratified by the Borrower and the corresponding Participating Province I and is legally binding upon the Borrower and said Participating Province I in accordance with its terms.
Pursuant to Section 6.02(p) of the General Conditions, the following an additional event is specified, namely, that 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 any Participating Province will be able to perform any of its obligations under the corresponding Subsidiary Loan Agreement I and/or Subsidiary Loan Agreement II.
Pursuant to Section 6.02(p) of the General Conditions, the following additional event is specified, namely, that 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 any Participating Province will be able to perform any of its obligations under the corresponding Subsidiary Loan Agreement I and/or Subsidiary Loan Agreement II.