LHSE definition
Examples of LHSE in a sentence
Such statements shall include the receipts and application of income, clearly indicating all payments to the Recipient and to LHSE in accordance with the provisions of Schedules 19 and 24 of the Concession Agreement.
Such written determination shall be provided by NTPC to MOF with a copy to LHSE.
The Borrower shall take all actions which shall be necessary on its part to enable NN3PC and LHSE to perform their obligations under the Project Agreement, Concession Agreement and NN3PC Agreements, and shall not take or permit any action which would interfere with the performance of such obligations.
The following is specified as an additional matter, for the purposes of Section 10.02(d) of the Loan Regulations, to be included in the opinion or opinions to be furnished to ADB: the Subsidiary Loan Agreement has been duly authorized or ratified by the Borrower and LHSE, and is legally binding upon the Borrower and LHSE in accordance with its terms.
NN3PC and LHSE shall make available, promptly as needed, and on terms and conditions acceptable to ADB, provided, however, that such terms and conditions are in accordance with those under the NN3PC Agreements, the funds, facilities, services, land and other resources as required, in addition to the proceeds of the Loan, for the carrying out of the Project.
The Borrower, LHSE and NN3PC shall (a) comply with ADB’s Anticorruption Policy (1998, as amended to date) and acknowledge that ADB reserves the right to investigate directly, or through its agents, any alleged corrupt, fraudulent, collusive or coercive practice relating to the Project; and (b) cooperate with any such investigation and extend all necessary assistance for satisfactory completion of such investigation.
The Borrower shall ensure that LHSE always meets its debt service obligations to any debts, and shall, at any time, provide the necessary financing to LHSE if LHSE is not able to meet such obligations.