Common use of Clauses by inclusion Clause in Contracts

Clauses by inclusion. If the Borrower concludes with any other medium or long term financial creditor a financing agreement that includes a loss-of-rating clause or a covenant or other provision regarding pari passu ranking or cross default that is stricter than the equivalent provision of this Contract, the Borrower shall so inform the Bank and shall, at the request of the Bank, execute an agreement to amend this Contract so as to provide for an equivalent provision in favour of the Bank.

Appears in 7 contracts

Samples: K a P I T a L, K a P I T a L, www.parlament.gov.rs

Clauses by inclusion. If the Borrower concludes with any other medium or long term financial creditor a financing agreement that includes a loss-of-rating clause, and/or a cross default clause or and/or a covenant or other provision regarding pari passu ranking or cross default clause that is stricter than the equivalent provision provision(s) of this Contract, the Borrower shall so inform the Bank and shall, at the request of the Bank, execute an agreement to amend this Contract so as to provide for an equivalent provision in favour of the Bank.

Appears in 3 contracts

Samples: Ugovor O Finansiranju, Ugovor O Finansiranju, Ugovor O Finansiranju