Common use of Notice of Accidents, Etc Clause in Contracts

Notice of Accidents, Etc. Within 3 days after its occurrence, notify IFC of any social, labor, health and safety, security or environmental incident, accident or circumstance having, or which could reasonably be expected to have, a Material Adverse Effect or material adverse impact on the implementation of the Transactions or on carrying on of Operations by such Original Obligor and/or any Subsidiary in accordance with the Performance Standards, specifying in each case the nature of the incident, accident, or circumstance and any effect resulting or likely to result therefrom, and the measures such Original Obligor and/or the relevant Subsidiary is taking or plans to take to address them and to prevent any future similar event; and keep IFC informed of the on-going implementation of those measures and plans;

Appears in 2 contracts

Samples: Loan Agreement (Canuelas Mill S.A.C.I.F.I.A.), Loan Agreement (Canuelas Mill S.A.C.I.F.I.A.)

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Notice of Accidents, Etc. Within 3 10 days after its occurrence, notify IFC of any social, labor, health and safety, security or environmental incident, accident or circumstance having, or which could reasonably be expected to have, a Material Adverse Effect or material adverse impact on the implementation of the Transactions Transaction, the Project or on carrying on of Operations by such Original Obligor the Borrower and/or any Subsidiary in accordance with the Performance Standards, specifying in each case the nature of the incident, accident, or circumstance and any effect resulting or likely to result therefrom, and the measures such Original Obligor the Borrower and/or the relevant Subsidiary is taking or plans to take to address them and to prevent any future similar event; and keep IFC informed of the on-going implementation of those measures and plans;, in each case, if and to the extent permitted by applicable law.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement (Chindex International Inc)

Notice of Accidents, Etc. Within 3 30 days after its occurrence, notify IFC of any social, labor, health and safety, security or environmental incident, accident or circumstance having, or which could reasonably be expected to have, a Material Adverse Effect or material adverse impact on the implementation of the Transactions Transaction or on the carrying on of Operations by such Original Obligor the Borrower and/or any Subsidiary in accordance with the Performance Standards, specifying in each case the nature of the incident, accident, or circumstance and any effect resulting or likely to result therefrom, and the measures such Original Obligor the Borrower and/or the relevant Subsidiary is taking or plans to take to address them and to prevent any future similar event; and keep IFC informed of the on-going implementation of those measures and plans;

Appears in 2 contracts

Samples: Loan Agreement (Telecom Argentina Sa), Loan Agreement (Telecom Argentina Sa)

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Notice of Accidents, Etc. Within 3 10 days after its occurrence, notify IFC DEG of any social, labor, health and safety, security or environmental incident, accident or circumstance having, or which could reasonably be expected to have, a Material Adverse Effect or material adverse impact on the implementation of the Transactions Transaction, the Project or on carrying on of Operations by such Original Obligor the Borrower and/or any Subsidiary in accordance with the Performance Standards, specifying in each case the nature of the incident, accident, or circumstance and any effect resulting or likely to result therefrom, and the measures such Original Obligor the Borrower and/or the relevant Subsidiary is taking or plans to take to address them and to prevent any future similar event; and keep IFC DEG informed of the on-going implementation of those measures and plans;, in each case, if and to the extent permitted by applicable law.

Appears in 1 contract

Samples: Loan Agreement (Chindex International Inc)

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