Sanctioned Persons means any individual or entity listed in one or more Sanction Lists. "Scheduled Disbursement Date" means the date on which a Tranche is scheduled to be disbursed in accordance with Article 1.2.B. "Security" means any mortgage, pledge, lien, charge, assignment, hypothecation, or other security interest securing any obligation of any person or any other agreement or arrangement having a similar effect. "Social Law" means each of:
Sanctioned Persons means any individual or entity listed in one or more Sanction Lists. "Scheduled Disbursement Date" means the date on which a Tranche is scheduled to be disbursed in accordance with Article 1.2.B. "Security" means any mortgage, pledge, lien, charge, assignment, hypothecation, or other security interest securing any obligation of any person or any other agreement or arrangement having a similar effect. “Scheme 1” means the scheme 1 of the Project that is described in the Technical Description. “Schemes” means collectively all the schemes of the Project consisting of Scheme 1, scheme 2, scheme 3, scheme 4, and scheme 5 as each described in the Technical Description.
Sanctioned Persons means any individual or entity listed in one or more Sanction Lists. "Scheduled Disbursement Date" means the date on which a Tranche is scheduled to be disbursed in accordance with Article 1.2.B. "Security" means any mortgage, pledge, lien, charge, assignment, hypothecation, or other security interest securing any obligation of any person or any other agreement or arrangement having a similar effect. "Spread" means the fixed spread to EURIBOR (being either plus or minus) determined by the Bank and notified to the Borrower in the relevant Disbursement Offer or Interest Revision/Conversion Proposal. "Tax" means any tax, levy, impost, duty or other charge or withholding of a similar nature (including any penalty or interest payable in connection with any failure to pay or any delay in paying any of the same). "Technical Description" means the technical description set out in Schedule A of the Project Implementation Agreement. "Tranche" means each disbursement made or to be made under this Contract. In case no Disbursement Acceptance has been received, Tranche shall mean a Tranche as offered under Article 1.2.B. By this Contract the Bank establishes in favour of the Borrower, and the Borrower accepts, a credit in an amount of 134,000,000.00 (one hundred thirty-four million euros) for the financing of the Project (the "Credit").