PROJECT COST REDUCTION. If the total cost of the Project falls below the figure stated in Recital (b) so that the amount of the Credit exceeds:
(a) 50% (fifty per cent.); and/or
(b) when aggregated with the amount of any other funds from the European Union made available for the Project, 90% (ninety per cent.), of such total cost of the Project, the Bank may forthwith, by notice to the Borrower, cancel the undisbursed portion of the Credit and/or demand prepayment of the Loan up to the amount by which the Credit exceeds the limits referred to in (a) or (b) above. The Borrower shall effect payment of the amount demanded on the date specified by the Bank, such date being a date falling not less than 30 (thirty) days from the date of the demand.
PROJECT COST REDUCTION. If the total cost of the Project falls below the figure stated in Recital (b) so that the amount of the Credit exceeds 50% (fifty per cent) of such total cost of the Project, the Bank may forthwith, by notice to the Borrower, cancel the undisbursed portion of the Credit and/or demand prepayment of the Loan Outstanding up to the amount by which the Credit exceeds 50% (fifty per cent) of the total cost of the Project, together with accrued interest and all other amounts accrued and outstanding under this Contract in relation to the proportion of the Loan Outstanding to be prepaid. The Borrower shall effect payment of the amount demanded on the date specified by the Bank, such date being a date falling not less than 30 (thirty) days from the date of the demand.
PROJECT COST REDUCTION. If the total cost of the Project falls below the figure stated in Recital (2) so that the amount of the Credit exceeds 50% (fifty per cent) of such total cost, the Bank may forthwith, by notice to the Borrower, cancel the undisbursed portion of the Credit and/or demand prepayment of the Loan up to the amount by which the Credit exceeds 50% (fifty per cent) of the total cost of the Project. The Borrower shall effect payment of the amount demanded on the date specified by the Bank, such date being a date falling not less than 30 (thirty) days from the date of the demand.
PROJECT COST REDUCTION. If the total cost of the Project falls below the figure stated in Recital (b) so that the amount of the Credit exceeds
PROJECT COST REDUCTION. If the total cost of the Project falls below the figure stated in Recital (b) so that the amount of the Credit exceeds
(a) 50% (fifty per cent) of such total cost of the Project, and/or
(b) when aggregated with the amount of any other funds from the European Union made available for the Project, 90% (ninety per cent), the Bank may forthwith, by notice to the Borrower, cancel the undisbursed portion of the Credit and/or demand prepayment of the Loan Outstanding up to the amount by which the Credit exceeds the limits referred to in (a) or (b) above, together with accrued interest and all other amounts accrued and outstanding under this Contract in relation to the proportion of the Loan Outstanding to be prepaid. The Borrower shall effect payment of the amount demanded on the date specified by the Bank, such date being a date falling not less than 30 (thirty) days from the date of the demand.
PROJECT COST REDUCTION. If the total cost of the Project should be reduced from the figure stated in Recital (2) to a level at which the amount of the Credit exceeds 50% (fifty per cent) of such cost, the Bank may in proportion to the reduction forthwith, by notice to the Borrower, cancel the Credit and/or demand prepayment of the Loan.
PROJECT COST REDUCTION. If the total cost of the Project should be reduced from the figure stated in Recital (2) to a level at which the amount of Tranše, zajedno s obračunatim kamatama i naknadama ako takve postoje, tako da najmanje 1 (jedan) mjesec unaprijed pošalje obavijest u kojoj će navesti Iznos prijevremene otplate i Datum prijevremene otplate. Podložno članku 4.02C Obavijest o prijevremenoj otplati bit će obvezujuća i neopoziva.