Zakon o potvrđivanju Ugovora o zajmu (Projekat izgradnje brane sa akumulacijom Pambukovica) između Republike Srbije i Evropske banke za obnovu i razvoj

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DonosilacNarodna skupština Republike Srbije

Član Section 5.03. Zakon o potvrđivanju Ugovora o zajmu (Projekat izgradnje brane sa akumulacijom Pambukovica) između Republike Srbije i Evropske banke za obnovu i razvoj – Conditions Precedent to First Drawdown under Schedule 2 Category 1

Član5.03.

Conditions Precedent to First Drawdown under Schedule 2 Category 1

The obligation of the Bank to make the first Drawdown under Schedule 2 Category 1 shall be subject to the prior fulfilment, in form and substance satisfactory to the Bank, or at the sole discretion of the Bank, the waiver, whether in whole or part and whether subject to conditions or unconditional, of each of the conditions precedent:
a)
The Bank has confirmed to the Borrower that it is satisfied with the Borrower’s (acting through the Beneficiary and Project Entity) compliance with the Environmental and Social Action Plan (as set out in the Project Agreement); and
b)
The Bank shall have received satisfactory evidence that the Borrower, acting through the Beneficiary and Project Entity, has appointed supervision consultants (as set out in the Project Agreement).

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←Prethodni član
5.02.
Section 5.02.
Conditions Precedent to First Drawdown
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Section 5.04.
Legal Opinions
5.04.