Basic Legislation definition

Basic Legislation means the Guarantor’s Law No. 74-73, dated August 3, 1974, as amended and completed by the Guarantor’s Law No. 93-41, dated April 19, 1993, pursuant to which the Borrower has been established and is operating as an industrial and commercial public institution.

Basic Legislation means the Borrower’s Law No. 81-17 dated March 9, 1981, pursuant to which ODESYPANO has been established and operates as an industrial and commercial public institution, and the Borrower’s Decree No. 81-975 dated July 15, 1981, setting forth the administrative and financial organization of ODESYPANO, as both may be amended from time to time;

Basic Legislation means the Guarantor’s Law on Enterprises published in the Guarantor’s Official Gazette Nos. 77/88, dated December 31, 1988, and 40/89, dated July 7, 1989, and the Republic’s Decision No. 023-03/87-3/4, dated December 21, 1989, on the Foundation of a Public Enterprise Engaged in Railway Transport Activities, published in the Republic’s Official Gazette No. 43/89, pursuant to which the Borrower has been established and is operating, as the same may be amended from time to time; and

Examples of Basic Legislation in a sentence

• The Additional Event of Suspension consists of the following, namely that the Basic Legislation has been amended, suspended, abrogated, repealed or waived so as to affect materially and adversely the ability of the Borrower to perform any of its obligations under this Agreement, or to achieve the objectives of the Project.

• Pursuant to Section 6.02(p) of the General Conditions, the following additional event is specified, namely, that the Basic Legislation shall have been amended, suspended, abrogated, repealed or waived so as to affect materially and adversely the ability of the Borrower to perform any of its obligations under this Agreement.

• The Additional Event of Suspension consists of the following: namely that the Basic Legislation has been amended, suspended, abrogated, repealed or waived so as to affect materially and adversely the ability of the Borrower to perform any of its obligations under this Agreement.

• Pursuant to Section 6.02 (k) of the General Conditions, the following additional event is specified, namely that the Basic Legislation or Statement of Policy shall have been amended, suspended, abrogated, repealed or waived so as to affect materially and adversely the operations or the financial condition of the Borrower or its ability to carry out the Project or to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.

• The Additional Events of Suspension referred to in Section 4.02 (k) of the Standard Conditions consist of the following: The Basic Legislation has been amended, suspended, abrogated, repealed or waived so as to affect materially and adversely the Recipient’s ability to perform any of its obligations under this Agreement.

More Definitions of Basic Legislation

Basic Legislation means the Law Xx. 00-00 xx xxx Xxxxxxx xx Xxxxxxx as promulgated pursuant to the Law (“Xxxxx”) Xx. 0.00-00 xx xxx Xxxxxxx xx Xxxxxxx, dated February 11, 2010, pursuant to which the Borrower has been established and is operating as a commercial company (société anonyme).

Basic Legislation means the Law (Xxxxx) No. 6-63-226 (14 Rabiaah 1, 1383), dated August 13, 1963, as amended to the date of this Agreement, pursuant to which the Borrower has been established and is operating as an industrial and commercial public institution.

Basic Legislation means the Guarantor’s Law (Xxxxx) No. 1-84-8 dated January 10, 1984 and Decree (Decret) No. 2-84-20 dated January 11, 1984 pursuant to which the Borrower has been established and is operating; and the Guarantor’s Law (Xxxxx) No. 1- 59-271 dated April 14, 1960 and Law (Xxxxx) No. 1-61-402 dated June 30, 1962 governing the Guarantor’s financial control of its public enterprises, including the Borrower; all as the same may be amended from time to time.

Basic Legislation means the Guarantor’s Xxxxx No. 1-72-103 dated April 3, 1972, pursuant to which the Borrower was established and is operating, as the same may be amended from time to time.

Basic Legislation means the Guarantor’s Law (“Xxxxx”) No. 57-03, dated May 4, 2004, pursuant to which the Borrower has been established and is operating as a legally and financially autonomous public entity;

Basic Legislation means, collectively, the Guarantor’s Law (Xxxxx) No. 1-63-225 dated August 6, 1963, as modified by the Guarantor’s Law (Xxxxx) No. 1-70-18 dated July 25, 1970 and the Guarantor’s Law (Xxxxx) No. 1-73-202 dated January 2, 1974, and the Cahier des charges approved by the Guarantor’s Royal Decree No. 23-67 dated April 25, 1967, according to which the Borrower has been established and is operating as an industrial and commercial public institution (établissement public à caractère industriel et commercial);

Basic Legislation means the Borrower's Law No. 68-22 dated July 2, 1968, as amended and completed by the Borrower's Law No. 76-21 dated January 21, 1976, pursuant to which SONEDE has been established and is operating as an industrial and commercial public institution (établissement public à caractère industriel et commercial);