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Form of Credit facility to Banks - Agence Française de Développement

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The invalidity <strong>of</strong> a provision un<strong>de</strong>r any law <strong>of</strong> a country shall not affect its validity un<strong>de</strong>r the<br />

law <strong>of</strong> another country.<br />

15.4 No Waiver<br />

The Len<strong>de</strong>r shall not be consi<strong>de</strong>red <strong>to</strong> waive a right pursuant <strong>to</strong> this Agreement due <strong>to</strong> the fact<br />

that it postponed the exercise <strong>of</strong>, or did not exercise, any <strong>of</strong> its rights hereun<strong>de</strong>r.<br />

The partial exercise <strong>of</strong> a right shall not be consi<strong>de</strong>red as an impediment <strong>to</strong> either its later<br />

exercise or more generally the exercise <strong>of</strong> rights and claims by law.<br />

The rights and claims set forth in this Agreement are cumulative and non exclusive <strong>of</strong> the rights<br />

and claims provi<strong>de</strong>d by law.<br />

15.5 Assignment<br />

The Borrower may not assign, ce<strong>de</strong>, <strong>de</strong>legate or transfer, in any manner whatsoever, all or part<br />

<strong>of</strong> its rights and/or obligations un<strong>de</strong>r the Agreement without the prior written consent <strong>of</strong> the<br />

Len<strong>de</strong>r.<br />

The Len<strong>de</strong>r may assign, ce<strong>de</strong>, <strong>de</strong>legate or transfer <strong>to</strong> any third party its rights and/or obligations<br />

un<strong>de</strong>r the Agreement and enter in<strong>to</strong> any sub-participation agreement relating there<strong>to</strong>.<br />

15.6 Legal Value<br />

The Schedules here<strong>to</strong> and the recitals here<strong>of</strong> form part <strong>of</strong> this Agreement and have the same<br />

legal value.<br />

15.7 Cancellation <strong>of</strong> the Preceding Agreements<br />

As from the Signing Date, the Agreement represents the entire agreement between the Parties<br />

relating <strong>to</strong> the subject matter here<strong>of</strong>, and superse<strong>de</strong>s and replaces all previous documents,<br />

agreements or un<strong>de</strong>rstandings which may have been exchanged or communicated as part <strong>of</strong> the<br />

negotiation <strong>of</strong> the Agreement.<br />

15.8 Amendment<br />

No provision <strong>of</strong> the Agreement shall be amen<strong>de</strong>d, unless such amendment shall be expressly<br />

agreed in writing between the Parties.<br />

15.9 Disclosure <strong>of</strong> Information<br />

Notwithstanding any existing confi<strong>de</strong>ntiality agreement, the Len<strong>de</strong>r may disclose all<br />

information or document in relation <strong>to</strong> the Project (i) <strong>to</strong> its audi<strong>to</strong>rs, counsels, rating agencies,<br />

(ii) <strong>to</strong> any person or entity <strong>to</strong> whom the Len<strong>de</strong>r expects <strong>to</strong> assign or transfer all or part <strong>of</strong> its<br />

rights and obligations un<strong>de</strong>r the Agreement and (iii) <strong>to</strong> any person or entity for the purpose <strong>of</strong><br />

taking any protective measures or protecting the rights <strong>of</strong> the Len<strong>de</strong>r un<strong>de</strong>r the Agreement.<br />

16. NOTICES<br />

16.1 Written Notices<br />

Any notice, request or other communication <strong>to</strong> be given or ma<strong>de</strong> un<strong>de</strong>r this Agreement or<br />

relating <strong>to</strong> it shall be ma<strong>de</strong> in writing and, unless provi<strong>de</strong>d <strong>to</strong> the contrary herein, any such<br />

communication shall be <strong>de</strong>livered by facsimile or by letter <strong>to</strong> the Party’s following address and<br />

number:<br />

29

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