Zakon o potvrđivanju Ugovora o kreditnom aranžmanu br. 0020022188 koji se odnosi na neobezbeđeni zajam do iznosa od 260.000.000 evra uz garanciju UKEF u cilju finansiranja određenih građevinskih usluga od strane Bechtel Enka UK Limited, koji posluje u Srbiji preko Bechtel Enka UK Limited Ogranak Beograd za potrebe privrednog društva ,,Koridori Srbije" d.o.o. Beograd u vezi sa izgradnjom infrastrukturnog koridora autoputa E-761 deonice Pojate-Preljina (Moravski koridor) između Republike Srbije, koju zastupa Vlada Republike Srbije, postupajući preko Ministarstva finansija, kao Zajmoprimca i J.P. Morgan SE, kao Agenta i JPMorgan Chase Bank, N.A., London Branch, kao Prvobitnog ovlašćenog vodećeg aranžera i Credit Agricole Corporate and Investment Bank i Ing Bank N.V., kao ovlašćenih vodećih aranžera i Određenih drugih finansijskih institucija, kao Prvobitnih zajmodavaca

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DonosilacNarodna skupština Republike Srbije

Zakon o potvrđivanju Ugovora o kreditnom aranžmanu br. 0020022188 koji se odnosi na neobezbeđeni zajam do iznosa od 260.000.000 evra uz garanciju UKEF u cilju finansiranja određenih građevinskih usluga od strane Bechtel Enka UK Limited, koji posluje u Srbiji preko Bechtel Enka UK Limited Ogranak Beograd za potrebe privrednog društva ,,Koridori Srbije" d.o.o. Beograd u vezi sa izgradnjom infrastrukturnog koridora autoputa E-761 deonice Pojate-Preljina (Moravski koridor) između Republike Srbije, koju zastupa Vlada Republike Srbije, postupajući preko Ministarstva finansija, kao Zajmoprimca i J.P. Morgan SE, kao Agenta i JPMorgan Chase Bank, N.A., London Branch, kao Prvobitnog ovlašćenog vodećeg aranžera i Credit Agricole Corporate and Investment Bank i Ing Bank N.V., kao ovlašćenih vodećih aranžera i Određenih drugih finansijskih institucija, kao Prvobitnih zajmodavaca

20.Čl. 20.1–20.14

EVENTS OF DEFAULT

UvodUvod
Each of the events or circumstances set out in this
Clause 20
 is an Event of
Default (save for
Clause 20.14
 (Acceleration)).
Clause20.1

Non-payment

The Borrower does not pay on the due date any amount payable pursuant
to a Finance Document at the place and in the currency in which it is
expressed to be payable unless:
a)
its failure to pay is caused by:
(i)
administrative or technical error; or
(ii)
a Disruption Event; and
b)
payment is made within three (3) Business Days of its due date.
Clause20.2

Other obligations

a)
The Borrower does not comply with any provision of the Finance
Documents (other than those referred to in
Clause 20.1
 (Non-payment) and
Clause 20.13
 (Environmental)).
b)
No Event of Default under paragraph (a) above will occur if the failure to
comply is capable of remedy and is remedied within ten (10) Business Days
of the earlier of:
i)
the Agent giving notice to the Borrower; and
ii)
the Borrower becoming aware of the failure to comply.
Clause20.3

Misrepresentation

Any representation or statement made or deemed to be made by the
Borrower in the Finance Documents or any other document delivered by or
on behalf of the Borrower under or in connection with any Transaction
Document is or proves to have been incorrect or misleading in any material
respect when made or deemed to be made.
Clause20.4

Cross default

a)
Any External Financial Indebtedness of the Borrower is not paid when due
or within any originally applicable grace period.
b)
As a result of an event of default (however described), any Financial
Indebtedness of the Borrower or any of its government agencies is:
i)
declared to be or otherwise becomes due and payable prior to its
specified maturity; or
ii)
placed on demand.
c)
Any commitment for any External Financial Indebtedness of the Borrower is
cancelled or suspended by a creditor of the Borrower as a result of an
event of default (however described).
d)
No Event of Default will occur under this
Clause 20.4
 if the aggregate
amount of the External Financial Indebtedness or commitment for Financial
Indebtedness falling within paragraphs (a) to (c) above is less than (EUR
50,000,000) (or its equivalent in any other currency or currencies as
determined by the Agent).
Clause20.5

Moratorium

A moratorium is declared or de facto comes into effect on the payment of
any External Financial Indebtedness of the Borrower or the Borrower
commences negotiations with any one or more of its External Financial
Indebtedness creditors with a view to the general readjustment or
rescheduling of its indebtedness.
Clause20.6

Creditors' process

Any expropriation, attachment, sequestration, distress or execution (or any
analogous process in any jurisdiction) affects any asset or assets of the
Borrower, the Buyer, or any government agencies having an aggregate
value of EUR 5,000,000 and is not discharged within thirty (30) days.
Clause20.7

Unlawfulness

a)
It is or becomes unlawful for the Borrower or the Buyer to perform any of its
obligations under the Transaction Documents.
b)
Any obligation or obligations of the Borrower under any Finance Document
are not or cease to be legal, valid, binding or enforceable and the cessation
individually or cumulatively materially and adversely affects the interests of
the Lenders under the Finance Documents.
Clause20.8

IMF

The Borrower ceases to be a member in good standing or becomes
ineligible to use the resources of the IMF or is unable for any reason to
draw or make use of funds available to it under any IMF funding
programme or any such programme is cancelled or suspended.
Clause20.9

Repudiation

The Borrower or the Buyer repudiates a Transaction Document or
evidences an intention to repudiate a Transaction Document.
Clause20.10

Exchange controls

Any event or series of events occurs which limits the acquisition or the
transfer of foreign exchange by the Borrower and such event or events has
or is reasonably likely to affect the ability of the Borrower to perform its
obligations under any Finance Document.
Clause20.11

Material adverse change

Any circumstances arise which give reasonable grounds in the opinion of
the Lender for belief that there has been a material adverse change in:
a)
the economic condition of the Borrower; or
b)
the ability of the Borrower to comply with any of its obligations under
the Finance Documents.
Clause20.12

Convertibility/Transferability

Any foreign exchange law is amended, enacted or introduced in the
Republic of Serbia or is reasonably likely to be amended, enacted or
introduced in each case in the Republic of Serbia that (in the opinion of the
Majority Lenders, acting reasonably):
a)
has or is reasonably likely to have the effect of prohibiting, or
restricting or delaying in any material respect any payment that the
Borrower is required to make pursuant to the terms of any of the
Finance Documents; or
b)
is materially prejudicial to the interests of the Finance Parties under
or in connection with any of the Finance Documents.
Clause20.13

Environmental

a)
An E&S Obligations Breach under paragraph (d)(i)(D) (E&S Trigger Events)
of
Clause 19.6
 (Environmental undertakings) occurs and is either incapable
of remedy or any E&S Obligations Breach is deemed to be incapable of
remedy pursuant to paragraph (d)(ii) (E&S Trigger Events) of
Clause 19.6
(Environmental undertakings).
b)
Any Operations Phase E&S Management Plan is not accepted by UK
Export Finance within six (6) months of its first submission pursuant to
paragraph (f) (Operations Phase E&S Management Plan) of
Clause 19.6
(Environmental undertakings).
Clause20.14

Acceleration

On and at any time after the occurrence of an Event of Default which is
continuing the Agent may, and shall if so directed by the Majority Lenders,
by notice to the Borrower:
a)
cancel the Total Commitments whereupon they shall immediately be
cancelled and the Facility shall immediately cease to be available for
further utilisation;
b)
declare that all or part of the Loans, together with accrued interest,
and all other amounts accrued or outstanding under the Finance
Documents be immediately due and payable, whereupon they shall
become immediately due and payable; and/or
c)
declare that all or part of the Loans be payable on demand,
whereupon they shall immediately become payable on demand by
the Agent on the instructions of the Majority Lenders.
CHANGES TO PARTIES