Common use of Suspension; Acceleration of Maturity Clause in Contracts

Suspension; Acceleration of Maturity. Section 5.01. The following are specified as additional events for suspension of the right of the Borrower to make withdrawals from the Loan Account for the purposes of Section 9.01(l) of the Loan Regulations: (a) the Borrower, APSCL or BPDB shall have failed to perform any of their respective obligations under the Subsidiary Loan Agreements; and (b) IsDB Financing Agreement shall have been suspended by IsDB for a reason which in the reasonable opinion of ADB is likely to have an adverse impact on the Project. Section 5.02. The following is specified as an additional event for acceleration of maturity for the purposes of Section 9.07(a)(iv) of the Loan Regulations: any of the events specified in Section 5.01 of this Loan Agreement shall have occurred.

Suspension; Acceleration of Maturity. Section 5.01. The following are specified as additional events for suspension of the right of the Borrower to make withdrawals from the Loan Account for the purposes of Section 9.01(l) of the Loan Regulations: (a) the Borrower, APSCL NWPGCL or BPDB PGCB shall have failed to perform any of their respective obligations under the Subsidiary Loan Agreements; and (b) IsDB Financing Agreement the grant financing for the Project being provided by the European Investment Bank shall have been suspended by IsDB for a reason which in the reasonable opinion of ADB is likely to have an adverse impact on the Project. Section 5.02. The following is specified as an additional event for acceleration of maturity for the purposes of Section 9.07(a)(iv) of the Loan Regulations: any of the events specified in Section 5.01 of this Loan Agreement shall have occurred.

Suspension; Acceleration of Maturity. Section 5.01. The following are specified as additional events for suspension of the right of the Borrower to make withdrawals from the Loan Account for the purposes of Section 9.01(l) of the Loan Regulations: (a) the Borrower, APSCL APSCL, PGCB or BPDB BREB shall have failed to perform any of their respective obligations under the Subsidiary Loan Agreements; and (b) the IsDB Financing Agreement shall have been suspended by IsDB for a reason which in the reasonable opinion of ADB is likely to have an adverse impact on the Project. Section 5.02. The following is specified as an additional event for acceleration of maturity for the purposes of Section 9.07(a)(iv) of the Loan Regulations: any either of the events specified in Section 5.01 of this Loan Agreement shall have occurred.

Suspension; Acceleration of Maturity. Section 5.01. The following are specified as additional events for suspension of the right of the Borrower to make withdrawals from the Loan Account for the purposes of Section 9.01(l) of the Loan Regulations: (a) Any party to the Borrower, APSCL or BPDB Onlending Agreement shall have failed to perform any of their respective obligations material obligation under the Subsidiary Loan Agreements; andOnlending Agreement. (b) IsDB Financing Agreement The Borrower or SPG, without obtaining prior agreement of ADB, shall have been suspended by IsDB for a reason made material change in IA’s legal character or ownership or control of the Project facilities, which in may adversely affect its ability to perform obligations under the reasonable opinion of ADB is likely to have an adverse impact on the ProjectProject Agreement or Onlending Agreement. Section 5.02. The following is specified as an additional event for acceleration of maturity for the purposes of Section 9.07(a)(iv) of the Loan Regulations: any of the events specified in Section 5.01 of this Loan Agreement shall have occurred.