Zakon o potvrđivanju Ugovora o zajmu (Projekat unapređenja kvaliteta vazduha u Srbiji) između Republike Srbije i Evropske banke za obnovu i razvoj

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DonosilacNarodna skupština Republike Srbije

Zakon o potvrđivanju Ugovora o zajmu (Projekat unapređenja kvaliteta vazduha u Srbiji) između Republike Srbije i Evropske banke za obnovu i razvoj

ARTICLE IV - SUSPENSION; ACCELERATIONČl. Section 4.01.–Section 4.02.
Section4.01.

Suspension

The following are specified for purposes of Section 7.01(a)(xvii) of the Standard Terms and Conditions:
a)
the legislative and regulatory framework applicable to the environmental sector in the territory of the Borrower shall have been amended, suspended, abrogated, repealed or waived in a manner other than as approved by the Bank in writing;
b)
the Statutes shall have been amended, suspended, abrogated, repealed or waived; and/or
c)
the Project Entity shall have failed to perform any of its obligations under the Project Agreement.
Section4.02.

Acceleration of Maturity

The following are specified for purposes of Section 7.06(f) of the Standard Terms and Conditions: if any event specified in (Suspension) shall have occurred and continued without remedy (if capable of remedy) for thirty (30) days after notice thereof has been given by the Bank to the Borrower.