Definicija Technical Description

Technical Description has the meaning given to it in Recital (a). "Tranche" means each disbursement made or to be made under this Contract. In case no Disbursement Acceptance has been received, Tranche shall mean a Tranche as offered under Article 1.2.B.

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Technical Description has the meaning given to it in Recital (a). "Tranche" means each disbursement made or to be made under this Contract. In case no Disbursement Acceptance has been received, Tranche shall mean a Tranche as offered under Article1.2.B. “UNDP” means the United Nations Development Programme, a subsidiary organ of the United Nations, an intergovernmental organization established by its Member States, whose representative office is in the Republic of Serbia.

Technical Description has the meaning given to it in Recital (a). "Tranche" means each disbursement made or to be made under this Contract. In case no Disbursement Acceptance has been received, Tranche shall mean a Tranche as offered under Article 1.2.B. By this Contract the Bank establishes in favour of the Borrower, and the Borrower accepts, a credit in an amount of EUR 5,000,000.00 (five million euros) for the financing of the Project (the "Credit"). The Bank shall disburse the Credit in up to 5 (five) Tranches. The amount of each Tranche shall be in a minimum amount of EUR 1,000,000.00 (one million euros) or (if less) the entire undrawn balance of the Credit. Upon request by the Borrower and subject to Article 1.4.A, provided that no event mentioned in Article 1.6.B has occurred and is continuing, the Bank shall send to the Borrower within 5 (five) Business Days after the receipt of such request a Disbursement Offer for the disbursement of a Tranche. The latest time for receipt by the Bank of such ▇▇▇▇▇▇▇▇’▇ request is 15 (fifteen) Business Days before the Final Availability Date. The Disbursement Offer shall specify: the amount of the Tranche in EUR; the Scheduled Disbursement Date, which shall be a Relevant Business Day, falling at least 10 (ten) days after the date of the Disbursement Offer and on or before the Final Availability Date; the interest rate basis of the Tranche, being: (i) a Fixed Rate Tranche; or (ii) a Floating Rate Tranche, in each case, pursuant to the relevant provisions of Article 3.1; the Payment Dates and the first interest Payment Date for the Tranche; the terms for repayment of principal for the Tranche, in accordance with the provisions of Article 4.1; the Repayment Dates and the first and the last Repayment Date for the Tranche; the Interest Revision/Conversion Date, if requested by the Borrower, for the Tranche;

Examples of Technical Description in a sentence

• The Loan may solely be allocated to schemes identified as eligible for financing in the Technical Description.

• In order for a Sub- Project to qualify for financing hereunder, the Borrower must comply with the Allocation Procedure under this Article 1.9 and in the Technical Description, and with the allocation undertakings under this Article 1.9.

• Project Completion Report, including: A final Technical Description of the Project as completed, explaining the reasons for any significant change compared to the Technical Description in A.1.; The date of completion of each of the main Project’s components, explaining reasons for any possible delay; The final cost of the Project, explaining reasons for any possible cost variations vs.

• A.1 Technical Description (Article 6.2) The project, which aims to substantially improve the provision of tertiary healthcare services to the vast majority of the population of Serbia, comprises the design, construction, equipping and implementation of new build and major refurbishment of existing buildings at four Clinical Centres located at Belgrade, Nis, Novi Sad and Kragujevac in the Republic of Serbia.

• Project Progress Report A brief update on the Technical Description, explaining the reasons for significant changes vs.

• A.1 Technical Description (Article 6.2) Sub-Projects 4-22: Judiciary facilities throughout the country.

• The Recitals and following Schedules form part of this Contract: Schedule A Technical Description and Reporting Schedule B Definitions of EURIBOR and LIBOR Schedule C Forms for Borrower Schedule D Interest Rate Revision and Conversion IN WITNESS WHEREOF the parties hereto have caused this Contract to be executed in 6 (six) originals in the English language and to be initialled on each page of this Contract on their behalf.

More Definitions of Technical Description

Technical Description means the technical description set out in Schedule A of the Project Implementation Agreement. "Tranche" means each disbursement made or to be made under this Contract. In case no Disbursement Acceptance has been received, Tranche shall mean a Tranche as offered under Article 1.2.B.

Technical Description has the meaning given to it in Recital (a). "Tranche" means each disbursement made or to be made under this Contract. In case no Disbursement Acceptance has been received, Tranche shall mean a Tranche as offered under Article1.2.B. “UNDP” means the United Nations Development Programme, a subsidiary organ of the United Nations, an intergovernmental organization established by its Member States, whose representative office is in the Republic of Serbia. By this Contract the Bank establishes in favour of the Borrower, and the Borrower accepts, a credit in an amount of EUR 22,000,000.00 (twenty-two million euros) for the financing of the Project (the "Credit"). The Bank shall disburse the Credit in up to 10 (ten) Tranches. The amount of each Tranche shall be in a minimum amount of EUR 2,000,000.00 (two million euros) or (if less) the entire undrawn balance of the Credit. The first disbursement shall not exceed EUR 2,200,000.00 (two million two hundred thousand euros), unless a higher amount has already been allocated to eligible schemes pursuant to the Technical Description. Upon request by the Borrower and subject to Article 1.4.A, provided that no event mentioned in Article 1.5 or Article 1.6.B has occurred and is continuing, the Bank shall send to the Borrower within 5 (five) Business Days after the receipt of such request a Disbursement Offer for the disbursement of a Tranche. The latest time for receipt by the Bank of such ▇▇▇▇▇▇▇▇’▇ request is 15 (fifteen) Business Days before the Final Availability Date. The Disbursement Offer shall specify: the amount of the Tranche in EUR; the Scheduled Disbursement Date, which shall be a Relevant Business Day, falling at least 10 (ten) days after the date of the Disbursement Offer and on or before the Final Availability Date; the interest rate basis of the Tranche, being: (i) a Fixed Rate Tranche; or (ii) a Floating Rate Tranche, in each case, pursuant to the relevant provisions of Article 3.1; the Payment Dates and the first interest Payment Date for the Tranche; the terms for repayment of principal for the Tranche, in accordance with the provisions of Article 4.1; the Repayment Dates and the first and the last Repayment Date for the Tranche, or the single Repayment Date; the Interest Revision/Conversion Date, if requested by the Borrower, for the Tranche;