Zakon o potvrđivanju Sporazuma o zajmu između KfW, Frankfurt na Majni i Republike Srbije koju zastupa Vlada Republike Srbije delujući preko i putem Ministarstva finansija za „Program efikasnog vodosnabdevanja i prečišćavanja otpadnih voda za ekološke i održive gradove u Republici Srbiji („Zeleni gradovi“) (DKTI)“
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Narodna skupština Republike Srbije
Član 12.1. Zakon o potvrđivanju Sporazuma o zajmu između KfW, Frankfurt na Majni i Republike Srbije koju zastupa Vlada Republike Srbije delujući preko i putem Ministarstva finansija za „Program efikasnog vodosnabdevanja i prečišćavanja otpadnih voda za ekološke i održive gradove u Republici Srbiji („Zeleni gradovi“) (DKTI)“ – Reasons for termination. KfW may exercise the rights set out in Article
12.2 (Legal consequences of the occurrence of a cause for termination) hereof if a circumstance arises that constitutes good cause (Wichtiger Grund). These include, in particular, the following circumstances:
a)
the Borrower fails to perform payment obligations to KfW when due;
b)
obligations under this Loan Agreement or under the Separate Agreements as well as any other legally binding additional agreements to this Loan Agreement are violated;
c)
this Loan Agreement or any part thereof no longer has a binding effect upon the Borrower or can no longer be enforced against the Borrower;
d)
any declaration, confirmation, information, representation or warranty considered by KfW to be essential for the granting and maintaining of the Loan proves to be false, misleading or incomplete;
e)
other extraordinary circumstances occur which delay or preclude the performance of obligations under this Loan Agreement;
f)
the Borrower or the Municipalities or the Programme-Executing Agencies are unable to prove that the Loan amounts have been used for the stipulated purpose;
g)
the Borrower discontinues its payments to creditors, is insolvent or commences negotiations with one or more of the Borrower's creditors on a moratorium, waiver of debts outstanding, deferment of payments or discontinuation of the debt service.