EVENTS OF DEFAULTS Primjeri odredbi

EVENTS OF DEFAULTS. 13.1 Events of Default Each of the events or circumstances set out in this Clause 13.1 (Events of Default) is an Event of Default.
EVENTS OF DEFAULTS. 13.1 Events of Default 13.2 Acceleration 13.3 Notification of an Event of Default
EVENTS OF DEFAULTS. 13.1 Events of Default Each of the events or circumstances set out in this Clause 13.1 (Events of Default) is an Event of Default. The Borrower does not pay on the due date any amount payable by it under this Agreement in the manner required under this Agreement. However, without prejudice to Clause 4.3 (Late payment and default interest), no Event of Default will occur under this paragraph (a) if such payment is made in full by the Borrower within five (5) Business Days of the due date. The Borrower does not comply with any term of the Agreement, including, without limitation, any of the undertakings it has given pursuant to Clause 11 (Undertakings) and Clause 12 (Information Undertakings). Save for the undertakings given pursuant to Clause 11.4 (Environmental and Social Liability), Clause 11.9 Program Implementation ) and 11.10 (Origin of funds, no Acts of Corruption, Fraud or Anti-Competitive Practices) in respect of which no grace period is permitted, no Event of Default will occur under this paragraph (b) if the non-compliance is capable of remedy and is remedied within five (5) Business Days of the earlier of (A) the date of the Lender’ notice of failure to the Borrower; and (B) the Borrower becoming aware of the breach, or within the time limit determined by the Lender in the case referred to in subparagraph (iv) of Clause 11.10 (Origin of funds, no Acts of Corruption, Fraud or Anti-Competitive Practices). A representation or warranty made by the Borrower in the Agreement, including under Clause 10 (Representations and warranties), or in any document delivered by or on behalf of the Borrower under or in relation to the Agreement, is incorrect or misleading when made or deemed to be made. (i) Subject to paragraph (ii), any Financial Indebtedness of the Borrower is not paid on its due date or, if applicable, within any grace period granted pursuant to the relevant documentation.

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