Common use of PARI PASSU Clause in Contracts

PARI PASSU. Failure to comply with the provisions set forth below under Clause 7 would constitute an event in the terms of Article 3.3 (h) of the Loan Regulations and may give rise to the early reimbursement, suspension or cancellation of the Loan under the terms of Articles 3.3 (Early reimbursement of disbursed loans), 3.5 (Suspension by the Bank of undisbursed loans) and 3.6 (Cancellation by the Bank of undisbursed loans) of the Loan Regulations.

Appears in 8 contracts

Samples: Okvirni Sporazum O Zajmu, Okvirni Sporazum O Zajmu, Okvirni Sporazum O Zajmu