Zakon o potvrđivanju Ugovora o kreditnom aranžmanu br. CRS1028 01 G između Francuske agencije za razvoj, kao Zajmodavca i Republike Srbije, kao Zajmoprimca za Projekat modernizacije železničkog sektora u Srbiji - druga faza

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DonosilacNarodna skupština Republike Srbije

Član 2.4 Zakon o potvrđivanju Ugovora o kreditnom aranžmanu br. CRS1028 01 G između Francuske agencije za razvoj, kao Zajmodavca i Republike Srbije, kao Zajmoprimca za Projekat modernizacije železničkog sektora u Srbiji - druga faza – Conditions precedent

Section2.4

Conditions precedent

a)
No later than the Signing Date, the Borrower shall provide to the Lender all of the documents set out in Part I of Schedule 4 (Conditions Precedent).
b)
A Drawdown Request may not be delivered to the Lender unless:
(i)
in the case of the first Drawdown, the Lender has received all of the documents listed in Part III and IV of Schedule 4 (Conditions Precedent) and has notified the Borrower that such documents are satisfactory in form and substance;
(ii)
in the case of any subsequent Drawdown, the Lender has received all of the documents set out in Part IV of Schedule 4 (Conditions Precedent) and has notified the Borrower that such documents are satisfactory in form and substance; and
(iii)
on the date of the Drawdown Request and on the proposed Drawdown Date for the relevant Drawdown, no Payment Systems Disruption Event has occurred and the conditions set out in this Agreement have been fulfilled, including:
(1)
no Event of Default is continuing or would result from the proposed Drawdown;
(2)
no Co-Financier has suspended its payments in relation to the Project;
(3)
the Drawdown Request has been made in accordance with the terms of (Drawdown request);
(4)
each representation given by the Borrower in relation to Clause 10 (Representations and warranties) is true.