Availability of Dollars Sample Clauses

Availability of Dollars. (a) The Company shall be permitted to purchase Dollars through normal commercial banking channels (and to hold in an account of the Company permitted under Section 8.2) in the amount necessary for or in respect of: (i) meeting the Company’s Foreign Currency payment obligations under any agreement that constitutes a part of the Security Package (other than the Financing Documents, for which clause (viii) shall apply); (ii) the repatriation by the Company of any capital contributions or dividends to Foreign Investors and repatriation upon conversion of Dollar proceeds from sales of Ordinary Share Capital purchased with Foreign Currency, which sales are made in accordance with the terms of this Agreement, and proceeds of sale upon dissolution or liquidation; (iii) the Foreign Currency expenses of the Project (including remuneration of the Construction Contractor, O&M Contractor and Lenders and, where applicable, fees, salaries and other monetary emoluments of its employees, agents, and direct foreign collaborators, experts and suppliers and the purchase of spare parts), the payment of premiums and fees to offshore insurers and reinsurers; (iv) all payments into, or out of, any reserve or Escrow Accounts required by the Lenders under the Financing Documents or by BPDB under the Power Purchase Agreement that require Foreign Currency, in accordance with Section 8.3(a); (v) any compensation payments to be made by the GOB in the event of a termination of this Agreement; (vi) in the event of a Restoration or modification of the Facility pursuant to Section 11, any financing provided by the GOB in Taka and payable to foreign contractors of any kind; (vii) any payments of liquidated damages by BPDB to the Company in connection with the Power Purchase Agreement; (viii) meeting the Company’s payment obligations in any Foreign Currency under the Financing Documents, including, without limitation, repayments of principal (whether scheduled or accelerated by Lenders), interest (including default interest), commissions, fees (including without limitation commitment and guarantee fees), expenses, costs, Lender make-whole payments, and other pre-payment costs, and the realization of remedies under the Guarantee. (b) Upon receipt by the GOB of an application in the Prescribed Form from the Company or its nominated commercial bank, the GOB shall, not later than the 6th (sixth) Business Day (the “Transaction Day”) following the date of such application, cause ▇▇▇▇▇▇ Bank to pro...
View SourceView Similar (21)

Related to Availability of Dollars

  • Availability of Funds The County may terminate this Agreement or a portion of the services referenced in the Attachments and Exhibits based upon unavailability of Federal, State, or County funds, by providing written notice to Contractor as soon as is reasonably possible after the County learns of said unavailability of outside funding.

  • Non-Availability of Funds The obligation of the RCO to make payments is contingent on the availability of state and federal funds through legislative appropriation and state allotment. If amounts sufficient to fund the grant made under this Agreement are not appropriated to RCO for expenditure for this Agreement in any biennial fiscal period, RCO shall not be obligated to pay any remaining unpaid portion of this grant unless and until the necessary action by the Legislature or the Office of Financial Management occurs. If RCO participation is suspended under this section for a continuous period of one year, RCO’s obligation to provide any future funding under this Agreement shall terminate. Termination of the Agreement under this section is not subject to appeal by the Sponsor.

  • Availability of Documents Seller has made available to Purchaser copies of all documents, including without limitation all agreements, contracts, commitments, leases, plans, instruments, undertakings, Authorizations, permits, licenses, patents, trademarks, trade names, service marks, copyrights and applications therefor, listed in the Disclosure Schedule or referred to herein. Such copies are true and complete and include all amendments, supplements and modifications thereto or waivers currently in effect thereunder.

  • AVAILABILITY OF AGREEMENT The employer must ensure that copies of this Agreement and the NES are available to all employees to whom they apply, such as on a notice board which is conveniently located at or near the workplace or through electronic means, whichever makes them more accessible.

  • Availability of Services CBT agrees not to discontinue or refuse to provide any service provided or required hereunder other than in accordance with the terms of this Agreement, or unless required by the Commission.