BSTDB closely monitors and supervises its operations in order to ensure that these remain compliant at all times with the requirements of the financing agreement, including the Bank’s Environmental Policy and environmental legislation of the country of operation. The Clients are normally required to provide the Bank annual environmental performance reports and immediately notify in case of any accidents and/or incidents that could have a material adverse effect on environment where the operation is located and/or human health and safety. In the events of non-compliance with the agreed terms the Environment Unit and the Client will work closely to identify measures to mitigate these issues. If all reasonable efforts have been made by the Bank and the Client still does not achieve compliance, then, as with any covenant, the Bank will make a determination whether to declare an event of default, or to waive the breach. Environmental monitoring stops when the loan is repaid or operation canceled.