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

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Član 8.1 Zakon o potvrđivanju Finansijskog ugovora Železnička pruga Niš - Dimitrovgrad B između Republike Srbije i Evropske investicione banke – Information concerning the Borrower

Section8.1

Information concerning the Borrower

The Borrower shall:
a)
deliver to the Bank:
(i)
from time to time, such further information evidence or document concerning its general financial situation as the Bank may reasonably require or such certificates of compliance with the undertakings of Article 6; and
(ii)
the compliance with the due diligence requirements of the Bank for the Borrower, including, but not limited to "know your customer" (KYC) or similar identification and verification procedures, as the Bank may reasonably require;
when requested and within a reasonable time; and
b)
inform the Bank immediately of:
(i)
any fact which obliges it to prepay any financial indebtedness or any European Union funding;
(ii)
any event or decision that constitutes or may result in a Prepayment Event;
(iii)
any intention on its part to grant any Security over any of its assets related to the Project in favour of a third party;
(iv)
any fact or event that is reasonably likely to prevent the substantial fulfilment of any obligation of the Borrower under this Contract;
(v)
any Event of Default having occurred or being threatened or anticipated;
(vi)
unless prohibited by law, any material litigation, arbitration, administrative proceedings or investigation carried out by a court, administration or similar public authority, which, to the best of its knowledge and belief, is current, imminent or pending against the Borrower or any Relevant Person in connection with Prohibited Conduct related to the Credit or the Loan;
(vii)
any measure taken by the Borrower pursuant to of this Contract;
(viii)
any litigation, arbitration or administrative proceedings or investigation which is current, threatened or pending and which might if adversely determined result in a Material Adverse Change;
(ix)
any claim, action, proceeding, formal notice or investigation relating to any Sanctions concerning the Borrower or any Relevant Person.