Zakon o potvrđivanju Ugovora o kreditnom aranžmanu br. CRS 1029 01 N između Francuske agencije za razvoj i Republike Srbije

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Član 12.3 Zakon o potvrđivanju Ugovora o kreditnom aranžmanu br. CRS 1029 01 N između Francuske agencije za razvoj i Republike Srbije – Co-Financing

Section12.3

Co-Financing

The Borrower shall promptly inform the Lender of any cancellation (in whole or in part) or any prepayment under a Co-Financing.
The Borrower shall supply to the Lender and (the Co-Financier with respect to
b)
to (e)):
a)
promptly upon becoming aware of them, details of any event or circumstance which is or may be an Event of Default or which has or may have a Material Adverse Effect, the nature of such an event and all the actions taken or to be taken to remedy it (if any);
b)
promptly upon becoming aware of them, details of any incident or accident directly related to the implementation of the Project which might have a significant impact on the Project site, the working conditions of its employees or Contractors’ employees, the nature of such incident or accident, together with details of any action taken or proposed to be taken, as applicable, by the Borrower to remedy it;
c)
promptly, details of any decision or event which might affect the organisation, completion or operation of the Project;
d)
promptly but in any event within five (5) Business Days after becoming aware of them, details of any notification of default, termination, dispute or material claim made against it under a Project Document or affecting the Project, together with details of any action taken or proposed to be taken by the Borrower to remedy it;
e)
during the completion of services (including but not limited to services related to studies and monitoring where the Project involves the provision of such services), the interim and final reports drafted by any service provider, and after full completion of such services an overall execution report;
f)
promptly, any further information regarding its financial condition, assets and operations or any documents or other communications given or received by it under any Project Document that the Lender may reasonably request. 13 EVENTS OF DEFAULTS