Deferment of disbursement. 1.5.A Grounds for deferment 1.5.B Cancellation of a disbursement deferred by 6 (six) months
Deferment of disbursement. 1.5.A Grounds for deferment 1.5.B Cancellation of a disbursement deferred by 6 (six) months 1.6.A Xxxxxxxx’x right to cancel 1.6.B Bank’s right to suspend and cancel 1.6.C Indemnity for suspension and cancellation of a Tranche
Deferment of disbursement. 1.05A Grounds for deferment Upon the written request of the Borrower, the Bank shall defer the disbursement of any Notified Tranche in whole or in part to a date specified by the Borrower being a date falling not later than 6 (six) months from its Scheduled Disbursement Date and not later than 60 (sixty) days prior to the first repayment date of the Tranche indicated in the Disbursement Notice. In such case, the Borrower shall pay the Deferment Indemnity calculated on the amount of disbursement deferred. Any request for deferment shall have effect in respect of a Tranche only if it is made at least 5 (five)Business Days before its Scheduled Disbursement Date.
Deferment of disbursement. 1.5.A Grounds for deferment
Deferment of disbursement. 1.05A Grounds for deferment Upon the written request of the Borrower, the Bank shall defer the disbursement of any Notified Tranche in whole or in part to a date specified by the Borrower being a date falling not later than 6 (six) months from its Scheduled Disbursement Date, and not later than 60 (sixty) days prior to the first repayment date of the Tranche indicated in the Disbursement Notice. In such a case, the Borrower shall pay the Deferment Indemnity calculated on the amount of disbursement deferred. 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 any of the conditions referred to in Article 1.04 is not fulfilled at the specified date and at the Scheduled Disbursement Date (or the date expected for disbursement in case of a previous deferment), disbursement will be deferred to a date agreed between the Bank and the Borrower falling not earlier than 7 (seven) Business Days following the fulfilment of all conditions of disbursement (without prejudice to the right of the Bank to suspend and/or cancel the undisbursed portion of the Credit in whole or in part pursuant to Article 1.06B). In such case, the Borrower shall pay the Deferment Indemnity calculated on the amount of the disbursement deferred.
Deferment of disbursement. 1.05A Grounds for deferment Upon the written request of the Borrower, the Bank shall defer the disbursement of any Notified Tranche in whole or in part to a date specified by the Borrower being a date falling not later than 6 (six) months from its Scheduled Disbursement Date, in any case not later than 60 days prior to the first repayment date of the Tranche. In such case, the Borrower shall pay the deferment indemnity as determined pursuant to Article 1.05B below. 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 any of the conditions referred to in Article 1.04 is not fulfilled as at the specified date and at the Scheduled Disbursement Date, and the Bank is of the opinion that it will not be satisfied, disbursement will be deferred to a date agreed between the Bank and the Borrower falling not earlier than 7 (seven) Business Days following the fulfilment of all conditions of disbursement.