Common use of Clauses by inclusion Clause in Contracts

Clauses by inclusion. If the Borrower concludes with any other financial creditor a financing agreement that includes a loss-of-rating clause or a covenant or other provision regarding its financial ratios, if applicable, that is not provided for in this Contract or is more favourable to the relevant financial creditor than any equivalent provision of this Contract is to the Bank, the Borrower shall promptly inform the Bank and shall provide a copy of the more favourable provision to the Bank. The Bank may request that the Borrower promptly executes an agreement to amend this Contract so as to provide for an equivalent provision in favour of the Bank.

Appears in 23 contracts

Samples: Sporazum O Sprovođenju Projekta, otvoreniparlament.rs, otvoreniparlament.rs