Subsidiary Loan Agreement definition
Examples of Subsidiary Loan Agreement in a sentence
The Borrower shall exercise its rights under the Subsidiary Loan Agreement in such manner as to protect the interests of the Borrower and the Bank and to accomplish the purposes of the Loan.
Except as mutually agreed upon between the Borrower and the Bank, the Borrower shall not assign, amend, abrogate or waive the Subsidiary Loan Agreement or any of its provisions.
In case of any conflict among the terms of the Subsidiary Loan Agreement and those of this Agreement and/or the Other Loan and Credit Agreements, the terms of this Agreement and/or the Other Loan and Credit Agreements shall prevail.
Except as the Bank shall otherwise agree, the Borrower shall not assign, amend, abrogate or waive the Subsidiary Loan Agreement or any of its provisions.
The Additional Condition of Effectiveness is that the Subsidiary Loan Agreement has been entered into between the Borrower and the Project Implementing Entity.