Common use of Suspension; Acceleration of Maturity Clause in Contracts

Suspension; Acceleration of Maturity. Section 5.01. The following is specified as an additional event for suspension of the right of the Borrower to make withdrawals from the Loan Account for the purposes of Section 9.01(l) of the Loan Regulations: the Borrower shall have failed to perform any of its obligations under the GEF Grant Agreement.

Suspension; Acceleration of Maturity. Section 5.01. The following is specified as an additional event for suspension of the right of the Borrower to make withdrawals from the Loan Account for the purposes of Section 9.01(l) of the Loan Regulations: the Borrower State, any DISCOM or MP Tradeco shall have failed to perform any of its obligations under the GEF Grant an Onlending Agreement.

Suspension; Acceleration of Maturity. Section 5.01. The following is specified as an additional event for suspension of the right of the Borrower to make withdrawals from the Loan Account for the purposes of Section 9.01(l) of the Loan Regulations: the Borrower and/or Project Executing Agency shall have failed to perform any of its its/their respective obligations under the GEF Grant Special Operations Loan Agreement.

Suspension; Acceleration of Maturity. Section 5.01. The following is specified as an additional event for suspension of the right of the Borrower to make withdrawals from the Loan Account for the purposes of Section 9.01(l8.01(m) of the Loan Regulations: the Borrower shall have failed to perform any of its obligations under the GEF ADB Grant Agreement or the HLTF Grant Agreement.

Suspension; Acceleration of Maturity. Section 5.01. The following is specified as an additional event for suspension of the right of the Borrower to make withdrawals from the Loan Account for the purposes of Section 9.01(l8.01(m) of the Loan Regulations: the Borrower or VEC shall have failed to perform any of its their respective obligations under the GEF Grant Subsidiary Loan Agreement.

Suspension; Acceleration of Maturity. Section 5.01. The following is specified as an additional event for suspension of the right of the Borrower to make withdrawals from the Loan Account for the purposes of Section 9.01(l8.01(m) of the Loan Regulations: the Borrower shall have failed to perform any of its obligations under the GEF Grant Special Operations Loan Agreement.

Suspension; Acceleration of Maturity. Section 5.01. The following is specified as an additional event for suspension of the right of the Borrower to make withdrawals from the Loan Account for the purposes of Section 9.01(l) of the Loan Regulations: the Borrower State or any DISCOM shall have failed to perform any of its obligations under the GEF Grant Agreement.an Onlending Agreement.‌

Suspension; Acceleration of Maturity. Section 5.01. The following is specified as an additional event for suspension of the right of the Borrower to make withdrawals from the Loan Account for the purposes of Section 9.01(l) of the Loan Regulations: the Borrower State, MP Transco or any DISCOM shall have failed to perform any of its obligations under the GEF Grant an Onlending Agreement.

Suspension; Acceleration of Maturity. Section 5.01. The following is are specified as an additional event events for suspension of the right of the Borrower to make withdrawals from the Loan Account for the purposes of Section 9.01(l) of the Loan Regulations: (a) the Borrower shall have failed to perform any of its obligations under a Relending Agreement; and (b) the GEF Grant DISCO shall have failed to perform any of its obligations under the Project Agreement or the respective Relending Agreement.

Suspension; Acceleration of Maturity. Section 5.01. The following is specified as an additional event for suspension of the right of the Borrower to make withdrawals from the Loan Account for the purposes of Section 9.01(l) of the Loan Regulations: the Borrower shall have or any DISCO has failed to perform any of its their respective obligations under the GEF Grant Agreement.Relending Agreement.‌

Suspension; Acceleration of Maturity. Section 5.01. The following is specified as an additional event for suspension of the right of the Borrower to make withdrawals from the Loan Account for the purposes of Section 9.01(l) of the Loan Regulations: the Borrower State or any DISCOM shall have failed to perform any of its obligations under the GEF Grant an Onlending Agreement.

Suspension; Acceleration of Maturity. Section 5.01. The following is specified as an additional event for suspension of the right of the Borrower to make withdrawals from the Loan Account for the purposes of Section 9.01(l) of the Loan Regulations: the Borrower or Maxsustrans shall have failed to perform any of its their respective obligations under the GEF Grant Subsidiary Loan Agreement.

Suspension; Acceleration of Maturity. Section 5.01. The following is specified as an additional event for suspension of the right of the Borrower to make withdrawals from the Loan Account for the purposes of Section 9.01(l) of the Ordinary Operations Loan Regulations: the Borrower shall have failed to perform any of its obligations under the GEF Grant Special Operations Loan Agreement.

Suspension; Acceleration of Maturity. Section 5.01. The following is specified as an additional event for suspension of the right of the Borrower to make withdrawals from the Loan Account for the purposes of Section 9.01(l8.01(m) of the Loan Regulations: the Borrower shall have failed to perform any of its obligations under the GEF Initial Loan Agreement, Initial Grant Agreement or Additional Grant Agreement.

Suspension; Acceleration of Maturity. Section 5.01. The following is specified as an additional event for suspension of the right of the Borrower to make withdrawals from the Loan Account for the purposes of Section 9.01(l) of the Loan Regulations: any party to the Borrower Onlending Agreements shall have failed to perform any of its obligations under the GEF Grant respective Onlending Agreement.