Scheduled Disbursement Date definicija

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:

Scheduled Disbursement Date means the date on which a Tranche is scheduled to be disbursed in accordance with Article 1.2.C.

Scheduled Disbursement Date means the date on which a Tranche is scheduled to be disbursed in accordance with Article 1.02B. "Sub-Project/s" has the meaning given to it in Recital (1), and in particular means projects aimed at rehabilitation and up-grading of community infrastructure belonging to LSGUs and public entities in the mainland areas of Croatia. "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 Notice or Interest Revision/Conversion Proposal.

Examples of Scheduled Disbursement Date in a sentence

• The Prepayment Indemnity shall be calculated as if the cancelled amount had been disbursed and repaid on the Scheduled Disbursement Date or, to the extent that the disbursement of the Tranche is currently deferred or suspended, on the date of the cancellation notice.

• If at any time from the receipt by the Bank of a Disbursement Acceptance in respect of a Tranche, and until the date falling 30 (thirty) calendar days prior to the Scheduled Disbursement Date, a Market Disruption Event occurs, the Bank may notify to the Borrower that this clause has come into effect.

• If at any time (i) from the issuance by the Bank of the Disbursement Notice in respect of a Tranche and (ii) until the date falling either 30 (thirty) calendar days for Tranches to be disbursed in EUR, GBP or USD or in the case of Tranches to be disbursed in any other currency, 2 (two) Business Days prior to the Scheduled Disbursement Date, a Market Disruption Event occurs, the Bank may notify to the Borrower that this clause has come into effect.

• However, the notice shall have no effect in respect of (i) a Notified Tranche which has a Scheduled Disbursement Date falling within 5 (five) Business Days of the date of the notice, or (ii) a Tranche in respect of which a Disbursement Request has been submitted but no Disbursement Notice has been issued.

• The indemnity shall be calculated as if the cancelled amount had been disbursed and repaid on the Scheduled Disbursement Date or, to the extent that the disbursement of the Tranche is currently deferred or suspended, on the date of the cancellation notice.

• However, the notice shall have no effect in respect of (i) a Notified Tranche which has a Scheduled Disbursement Date falling within 5 (five) Business Days of the date of the notice or (ii) a Tranche in respect of which a Disbursement Request has been submitted but no Disbursement Notice has been issued.

• Alternatively, the Borrower may repay the Tranche in a single instalment on a Payment Date specified in the Disbursement Notice, being a date falling not less than 3 (three) years or more than (i) in case of SME Projects, 8 (eight) years, or (ii) in case of Priority Projects, 10 (ten) years, from the Scheduled Disbursement Date.

• Any request for deferment shall have effect in respect of a Tranche only if it is made at least 7 (seven) Business Days before its Scheduled Disbursement Date.

• If at any time (i) from the issuance by the Bank of the Disbursement Notice in respect of a Tranche, and (ii) until the date falling 30 (thirty)calendar daysprior to the Scheduled Disbursement Date, a Market Disruption Event occurs, the Bank may notify to the Borrower that this clause has come into effect.

• Alternatively, the Borrower may repay the Tranche in a single instalment on a Payment Date specified in the Disbursement Notice, being a date falling not less than 3 (three) years or more than 9 (nine) years from the Scheduled Disbursement Date.

More Definitions of Scheduled Disbursement Date

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: EU law, including principles and standards save for any derogation accepted by the Bank for the purpose of this Contract based on any agreement between the Republic of Serbia and the EU; the Republic of Serbia laws and regulations; international treaties and conventions signed and ratified by or otherwise applicable and binding on, the Republic of Serbia; any ILO Standards; in each case of which a principal objective is the protection or improvement of Social Matters; and any United Nations treaty, convention or covenant on human rights signed and ratified by or otherwise applicable and binding on the Republic of Serbia. "Social Matters" means all, or any of, the following: labour and working conditions; occupational health and safety; rights and interests of vulnerable groups ; rights and interests of indigenous peoples; gender equality; public health, safety and security; avoidance of forced evictions and alleviation of hardship arising from involuntary resettlement; and stakeholder engagement. "Spread" means the fixed spread (being of either positive or negative value) to EURIBOR as determined by the Bank and notified to the Borrower in the relevant Disbursement Offer or Interest Revision/Conversion Proposal. "Stakeholder Engagement Plan" means the plan, with form and content to be agreed with the Bank, that specifies who, how and when project stakeholders are to be engaged by the Promoter, or others acting on behalf of the Promoter, in the interests of the implementation of the Project. "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" has the meaning given to it in Recital (a). "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 EUR 85,000,000.00 (eighty five million euros) for the financing of the Pr...

Scheduled Disbursement Date means the date on which a Tranche is scheduled to be disbursed in accordance with Article 1.2.C. “Social Law” means each of: any law applicable in Serbia relating to Social Matters; any ILO Core Labour Conventions; any United Nations treaty, convention or covenant on human rights signed and ratified by or otherwise applicable and binding on the Serbia. “Social Matters” means all, or any of, the following: (i) labour and employment conditions, (ii) occupational health and safety, (iii) protection and empowerment of rights and interests of ethnic minorities and vulnerable groups, (iv) cultural heritage (tangible and intangible), (v) public health, safety and security, (vi) involuntary physical resettlement and/or economic displacement and loss of livelihood of persons, and (vii) public participation and stakeholder engagement. "Spread" means the fixed spread to the Relevant Interbank Rate (being either plus or minus) determined by the Bank and notified to the Borrower in the relevant Disbursement Notice 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" has the meaning given to it in Recital (iii). "Tranche" means each disbursement made or to be made under this Contract. In case no Disbursement Notice has been delivered, Tranche shall mean a Tranche as requested under Article 1.2.B.