Zakon o potvrđivanju Ugovora o garanciji (Spavaća kola Srbijavoz) između Republike Srbije i Evropske banke za obnovu i razvoj

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DonosilacNarodna skupština Republike Srbije

Član Section 2.02. Zakon o potvrđivanju Ugovora o garanciji (Spavaća kola Srbijavoz) između Republike Srbije i Evropske banke za obnovu i razvoj – Project Completion

Section2.02.

Project Completion

Whenever there is reasonable cause to believe that the funds available to the Borrower will be inadequate to meet the estimated expenditures required for the carrying out of the Project, the Guarantor shall promptly take measures satisfactory to the Bank to provide the Borrower, or cause the Borrower to be provided, with such funds as are needed to meet such expenditures and requirements. Unless the Bank otherwise agrees with the Guarantor, the Guarantor shall:
a)
ensure state budget allocations for coverage of debt service obligations under the Project and undertake to provide the state budget allocations for the Project in timely manner, so as to ensure punctual debt service;
b)
ensure prompt approvals on an annual basis for the PSO Compensation in accordance with the approved methodology; and
c)
cause the Borrower to perform all of its obligations under the Loan Agreement.