Common use of Remedies of the Bank Clause in Contracts

Remedies of the Bank. Section 5.01. Pursuant to Section 6.02 (l) of the General Conditions, the following additional event is specified, namely that the Statutes of the Borrower shall have been amended, suspended, abrogated, repealed or waived so as to affect materially and adversely the operations or the financial condition of the Borrower or its ability to carry out the Project or to perform any of its obligations under this Agreement.

Appears in 3 contracts

Samples: Loan Agreement, Loan Agreement, Loan Agreement

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Remedies of the Bank. Section 5.016.01. Pursuant to Section 6.02 (l6.02(p) of the General Conditions, the following additional event is specified, namely namely, that the Statutes of the Borrower Basic Legislation shall have been amended, suspended, abrogated, repealed or waived so as to affect materially and adversely the operations or the financial condition ability of the Borrower or its ability to carry out the Project or to perform any of its obligations under this Agreement.

Appears in 3 contracts

Samples: Loan Agreement, Loan Agreement, Loan Agreement

Remedies of the Bank. Section 5.01. Pursuant to Section 6.02 (l) of the General Conditions, the following additional event is specified, namely that the Statutes Charter or the Statement of the Borrower Policy shall have been amended, suspended, abrogated, repealed or waived so as to affect materially and adversely the operations or the financial condition of the Borrower or its ability to carry out the Project or to perform any of its obligations under this Agreement.

Appears in 3 contracts

Samples: Loan Agreement, Loan Agreement, Loan Agreement

Remedies of the Bank. Section 5.017.01. Pursuant to Section 6.02 (l) of the General Conditions, the following additional event is specified, namely namely, that the Statutes of the Borrower shall have been amended, suspended, abrogated, repealed or waived so as to affect effect materially and adversely the operations or the financial condition ability of the Borrower or its ability to carry out the Project or to perform any and of its obligations under this Agreement.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement

Remedies of the Bank. Section 5.01. Pursuant to Section 6.02 (lh) of Article VI of the General Conditions, the following additional event is specified, namely that namely, the Statutes or the Statement of the Borrower Policy shall have been amended, suspended, abrogated, repealed or waived so as to affect materially and adversely the operations or the financial condition ability of the Borrower or its ability to carry out the Project or to perform any of its obligations under this Agreement.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement

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Remedies of the Bank. Section 5.01. Pursuant to Section 6.02 (l) of the General Conditions, the following additional event is specified, namely namely, that the Statutes of the Borrower shall have been amended, suspended, abrogated, repealed or waived so as to affect materially and adversely the operations or the financial condition of the Borrower or its ability to carry out the Project or to perform any of its obligations under this Agreement.

Appears in 2 contracts

Samples: Loan Agreement, Agreement

Remedies of the Bank. Section 5.01. Pursuant to Section 6.02 (lk) of the General Conditions, the following additional event is specified, namely that the Statutes Basic Legislation or Statement of the Borrower Policy shall have been amended, suspended, abrogated, repealed or waived so as to affect materially and adversely the operations or the financial condition of the Borrower or its ability to carry out the Project or to perform any of its obligations under this Agreement.

Appears in 1 contract

Samples: Loan Agreement

Remedies of the Bank. Section 5.016.01. Pursuant Pursant to Section 6.02 6.01 (lk) of the General Conditions, the following additional event is specified, namely namely, that the Statutes of the Borrower shall have been amended, suspended, abrogated, repealed or waived so as to affect materially and adversely the operations or the financial condition ability of the Borrower or its ability to carry out the Project or to perform any of its obligations under this Agreement.

Appears in 1 contract

Samples: Loan Agreement

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