WAPDA definition
Examples of WAPDA in a sentence
Except as the Bank shall otherwise agree, WAPDA shall not take or concur in any action which would have the effect of amending, abrogating, assigning or waiving the Subsidiary Loan Agreement or any provision thereof.
WAPDA shall duly perform all its obligations under the Subsidiary Loan Agreement.
This Agreement and all obligations of the Bank and of WAPDA thereunder shall terminate on the date on which the Loan Agreement shall terminate in accordance with its terms, and the Bank shall promptly notify WAPDA thereof.
WAPDA shall carry on its operations and conduct its affairs in accordance with sound administrative, financial and power utility practices under the supervision of qualified and experienced management assisted by competent staff in adequate numbers.
Any action required or permitted to be taken, and any document required or permitted to be executed, under this Agreement on behalf of WAPDA, or by WAPDA on behalf of the Borrower under the Loan Agreement, may be taken or executed by the Chairman of WAPDA or such other person or persons as the Chairman of WAPDA shall designate in writing, and the Chairman of WAPDA shall furnish to the Bank sufficient evidence of the authority and the authenticated specimen signature of each such person.