Common use of Suspension; Cancellation; Acceleration of Maturity Clause in Contracts

Suspension; Cancellation; 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 an Onlending Agreement shall have failed to perform any of its material obligations under such Onlending Agreement.

Suspension; Cancellation; 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 either party to an Onlending the Subsidiary Loan Agreement shall have has failed to perform any of its material obligations under such Onlending the Subsidiary Loan Agreement, or a situation has arisen or developed which in the reasonable opinion of ADB makes it improbable that a party to the Subsidiary Loan Agreement will be able to perform any of its obligations thereunder.

Suspension; Cancellation; 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 an the Project Agreement or Onlending Agreement Agreements shall have failed to perform any of its material obligations under such Onlending Agreementthereunder.

Suspension; Cancellation; Acceleration of Maturity. Section 5.01. The following is specified as an additional event for suspension of the right of the Borrower Beneficiary to make withdrawals from the Loan Account Account, to be used as Subsidiary Loan Proceeds under the Credit Line, for the purposes of Section 9.01(l8.01(m) of the Loan Regulations: any party to an Onlending Agreement MFI shall have failed to perform any of its material obligations under such Onlending a Subsidiary Loan Agreement to which it is a party or under the related Project Agreement.

Suspension; Cancellation; Acceleration of Maturity. Section 5.01. The following is specified as an additional event for suspension of the right of the Borrower Beneficiary to make withdrawals from (a) the Loan Account for the purposes of Section 9.01(l8.01(m) of the Loan Regulations, and (b) the Grant Account for the purposes of Section 8.01(k) of the Grant Regulations, respectively: any party to an Onlending Agreement the Beneficiary shall have failed to perform any of its material obligations under such Onlending the Initial Loan Agreement.

Suspension; Cancellation; Acceleration of Maturity. Section 5.01. The following is specified as an additional event for suspension of the right of the Borrower Beneficiary to make withdrawals from the Loan Account Account, to be used as Subsidiary Loan Proceeds under Component 1B or Component 2B, for the purposes of Section 9.01(l8.01(m) of the Loan Regulations: any party to an Onlending Agreement Financial Institution shall have failed to perform any of its material obligations under such Onlending a Subsidiary Loan Agreement to which it is a party or under the related Project Agreement.