Common use of Non-EIB Financing Clause in Contracts

Non-EIB Financing. If: (a) a Voluntary Non EIB Prepayment has occurred; or (b) (A) a Voluntary Non EIB Prepayment is likely to occur and (B) the Bank has requested a consultation in respect of such Voluntary Non EIB Prepayment, and at least 30 (thirty) days have passed since the date of such request; the Bank may, by notice to the Borrower, cancel the undisbursed portion of the Credit and demand prepayment of the Loan Outstanding (together with accrued interest in relation to the proportion of the Loan Outstanding to be prepaid). The proportion of the Loan Outstanding that the Bank may require to be prepaid shall be the same as the proportion that the prepaid amount of the Non EIB Financing bears to the aggregate outstanding amount of all Non EIB Financing.

Non-EIB Financing. If: : (a) a Voluntary Non Non-EIB Prepayment has occurred; or or (b) (A) a Voluntary Non Non-EIB Prepayment is likely to occur and (B) the Bank has requested a consultation in respect of such Voluntary Non Non-EIB Prepayment, Prepayment and at least 30 (thirty) days have passed since the date of such request; the Bank may, by notice to the Borrower, cancel the undisbursed portion of the Credit and demand prepayment of the Loan Outstanding (together with accrued interest in relation to the proportion of the Loan Outstanding to be prepaidinterest). The proportion of the Loan Outstanding that the Bank may require to be prepaid shall be the same as the proportion that the prepaid amount of the Non Non-EIB Financing bears to the aggregate outstanding amount of all Non Non-EIB Financing.