Zakon o potvrđivanju Finansijskog ugovora Železnička pruga Niš - Dimitrovgrad B između Republike Srbije i Evropske investicione banke

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Član 1.5.A Zakon o potvrđivanju Finansijskog ugovora Železnička pruga Niš - Dimitrovgrad B između Republike Srbije i Evropske investicione banke – Grounds for deferment

Section1.5.A

Grounds for deferment

1.5.A(1) BORROWER'S REQUEST
a)
The Borrower may send a written request to the Bank requesting the deferral of the disbursement of an Accepted Tranche. The written request must be received by the Bank at least 5 (five) Business Days before the Scheduled Disbursement Date of the Accepted Tranche and specify:
(i)
whether the Borrower would like to defer the disbursement in whole or in part, and if in part, the amount to be deferred; and
(ii)
the date until which the Borrower would like to defer a disbursement of the above amount (the "Requested Deferred Disbursement Date"), which must be a date falling not later than:
(1)
6 (six) months from its Scheduled Disbursement Date;
(2)
30 (thirty) days prior to the first Repayment Date; and
(3)
the Final Availability Date.
b)
Upon receipt of such a written request, the Bank shall defer the disbursement of the relevant amount until the Requested Deferred Disbursement Date.
1.5.A(2) FAILURE TO SATISFY CONDITIONS TO DISBURSEMENT
a)
The disbursement of an Accepted Tranche shall be deferred if any condition for disbursement of such Accepted Tranche referred to in
Article 1.4
 is not fulfilled both:
(i)
at the date specified for fulfilment of such condition in
Article 1.4
; and
(ii)
at its Scheduled Disbursement Date (or, where the Scheduled Disbursement Date has been deferred previously, the date expected for disbursement).
b)
The Bank and the Borrower shall agree the date until which the disbursement of such Accepted Tranche shall be deferred (the
"Agreed Deferred Disbursement Date"), which must be a date falling:
i)
not earlier than 6 (six) Business Days following the fulfilment of all conditions of disbursement; and
ii)
not later than the Final Availability Date.
c)
Without prejudice to the Bank’s right to suspend and/or cancel the undisbursed portion of the Credit in whole or in part pursuant to
Article 1.6.B
, the Bank shall defer disbursement of such Accepted Tranche until the Agreed Deferred Disbursement Date.
1.5.A(3) DEFERMENT FEE
If disbursement of an Accepted Tranche is deferred pursuant to paragraphs 1.5.A(1) or 1.5.A(2) above, the Borrower shall pay the Deferment Fee.

Nastavi čitanje

←Prethodni član
1.5
1.5
Deferment of disbursement
Sledeći član→
1.5.B
Cancellation of a disbursement deferred by 6 (six) months
1.5.B