Common use of Financing Clause in Contracts

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one million nine hundred thousand Special Drawing Rights (SDR 1,900,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May 15 and November 15 in each year. 2.05. The Payment Currency is United States Dollars.

Appears in 2 contracts

Sources: Financing Agreement, Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one four million nine hundred thousand Special Drawing Rights (SDR 1,900,0004,000,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May 15 and November 15 in each year. . 2.05. The Payment Currency is United States DollarsDollar.

Appears in 2 contracts

Sources: Financing Agreement, Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one three million nine four hundred thousand Special Drawing Rights (SDR 1,900,0003,400,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May 15 and November 15 in each year. . 2.05. The Payment Currency is United States Dollars.

Appears in 2 contracts

Sources: Financing Agreement, Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one seven million nine eight hundred thousand Special Drawing Rights (SDR 1,900,0007,800,000) (the “Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May February 15 and November August 15 in each year. . 2.05. The Payment Currency is United States Dollarsthe Dollar.

Appears in 2 contracts

Sources: Financing Agreement, Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one million nine two hundred thousand Special Drawing Rights (SDR 1,900,0001,200,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May 15 March 1 and November 15 September 1 in each year. . 2.05. The Payment Currency is United States DollarsEuro.

Appears in 2 contracts

Sources: Financing Agreement, Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to forty one million nine four hundred thousand Special Drawing Rights (SDR 1,900,00041,400,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May April 15 and November October 15 in each year. 2.05. The Payment Currency is United States Dollars.

Appears in 2 contracts

Sources: Financing Agreement, Financing Agreement

Financing. 2.01. The Association agrees to extend to the RecipientRecipient a grant, on which is deemed as Concessional Financing for purposes of the terms and conditions set forth or referred to in this AgreementGeneral Conditions, a grant in an amount equivalent to twenty one million nine hundred thousand Special Drawing Rights (SDR 1,900,000) (“Financing21,900,000)(“Financing) ), to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV III of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be is one-half of one percent (1/2 of 1%) per annumannum on the Unwithdrawn Financing Balance. 2.04. The Payment Dates are May February 15 and November August 15 in each year. . 2.05. The Payment Currency is United States DollarsDollar.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one eight million nine five hundred thousand Special Drawing Rights (SDR 1,900,0008,500,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May June 15 and November December 15 in each year. . 2.05. The Payment Currency is United States Dollars.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the RecipientRecipient a grant, deemed by the Association to be on the terms and conditions concessional terms, as set forth or referred to in this Agreement, a grant in an amount equivalent to one three million nine six hundred thousand Special Drawing Rights (SDR 1,900,0003,600,000) (“Financing”) ), to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV III of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be is one-half of one percent (1/2 of 1%) per annumannum on the Unwithdrawn Financing Balance. 2.04. The Payment Dates are May 15 January15 and November 15 July15 in each year. . 2.05. The Payment Currency is United States Dollars.Dollar

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one million nine six hundred forty thousand Special Drawing Rights (SDR 1,900,0001,640,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May April 15 and November October 15 in each year. 2.05. The Payment Currency is United States Dollars.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to thirteen million, one million nine hundred thousand Special Drawing Rights (SDR 1,900,00013,100,000) (variously, “Grant” and “Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in support of the Program in accordance with Section IV II of the Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May June 15 and November December 15 in each year. . 2.05. The Payment Currency is United States Dollarsthe Dollar.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one five million nine six hundred thousand Special Drawing Rights (SDR 1,900,0005,600,000) (“FinancingGrant”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May 15 March 1 and November 15 September 1 in each year. . 2.05. The Payment Currency is United States Dollarsthe Dollar.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the RecipientRecipient a grant, on which is deemed as Concessional Financing for purposes of the terms and conditions set forth or referred to in this AgreementGeneral Conditions, a grant in an amount equivalent to one million nine hundred thousand Special Drawing Rights (SDR 1,900,000SDR1,900,000) (“Financing”) ), to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV III of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be is one-half of one percent (1/2 of 1%) per annumannum on the Unwithdrawn Financing Balance. 2.04. The Payment Dates are May 15 1 and November 15 1 in each year. . 2.05. The Payment Currency is United States DollarsDollar.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one three million nine hundred thousand Special Drawing Rights (SDR 1,900,0003,900,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in support of the Program in accordance with Section IV II of the Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May March 15 and November September 15 in each year. . 2.05. The Payment Currency is United States Dollarsthe Dollar.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one two million nine two hundred thousand Special Drawing Rights (SDR 1,900,0002,200,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May 15 January 1 and November 15 July 1 in each year. 2.05. The Payment Currency is United States Dollars.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one five million nine four hundred thousand Special Drawing Rights (SDR 1,900,0005,400,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May June 15 and November December 15 in each year. . 2.05. The Payment Currency is United States Dollars.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one fifty five million nine four hundred thousand Special Drawing Rights (SDR 1,900,00055,400,000) (the Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“ProjectGrant”).; 2.02. The Recipient may withdraw the proceeds of the Financing in support of the Program in accordance with Section IV II of Schedule 2 1 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May December 15 and November June 15 in each year. . 2.05. The Payment Currency is United States DollarsEuro.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one three million nine four hundred thousand Special Drawing Rights (SDR 1,900,000SDR3,400,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May June 15 and November December 15 in each year. . 2.05. The Payment Currency is United States Dollars.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one fourteen million nine five hundred thousand Special Drawing Rights (SDR 1,900,00014,500,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May June 15 and November December 15 in each year. . 2.05. The Payment Currency is United States Dollars.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one two million nine hundred thousand Special Drawing Rights (SDR 1,900,0002,000,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May 15 and November 15 in each year. . 2.05. The Payment Currency is United States Dollars.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one nine million nine hundred thousand Special Drawing Rights (SDR 1,900,0009,900,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May June 15 and November December 15 in each year. . 2.05. The Payment Currency is United States Dollarsthe Dollar.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the RecipientRecipient a grant, on which is deemed as Concessional Financing for purposes of the terms and conditions set forth or referred to in this AgreementGeneral Conditions, a grant in an amount equivalent to one eleven million nine two hundred thousand Special Drawing Rights (SDR 1,900,00011,200,000) (“FinancingGrant) ), to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing Grant in accordance with Section IV III of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be is one-half of one percent (1/2 of 1%) per annumannum on the Unwithdrawn Grant Balance. 2.04. The Payment Dates are May June 15 and November December 15 in each year. . 2.05. The Payment Currency is United States DollarsDollar.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the RecipientRecipient a grant, on which is deemed as Concessional Financing for purposes of the terms and conditions set forth or referred to in this AgreementGeneral Conditions, a grant in an amount equivalent to one thirty nine million nine hundred thousand Special Drawing Rights (SDR 1,900,00039,000,000) (“Financing”) ), to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV III of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be is one-half of one percent (1/2 of 1%) per annumannum on the Unwithdrawn Financing Balance. 2.04. The Payment Dates are May April 15 and November October 15 in each year. . 2.05. The Payment Currency is United States DollarsDollar.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the RecipientRecipient a grant, on which is deemed as Concessional Financing for purposes of the terms and conditions set forth or referred to in this AgreementGeneral Conditions, a grant in an amount equivalent to one eight million nine eight hundred thousand Special Drawing Rights (SDR 1,900,0008, 800,000/-) (“FinancingGrant) ), to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing Grant in accordance with Section IV III of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be is one-half of one percent (1/2 of 1%) per annumannum on the Unwithdrawn Grant Balance. 2.04. The Payment Dates are May 15 1 and November 15 1 in each year. . 2.05. The Payment Currency is United States DollarsDollar.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one four million nine hundred thousand Special Drawing Rights (SDR 1,900,0004,900,000) (“FinancingGrant”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May February 15 and November August 15 in each year. . 2.05. The Payment Currency is United States Dollars.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one thirty two million nine hundred thousand Special Drawing Rights (SDR 1,900,00032,000,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May April 15 and November October 15 in each year. 2.05. The Payment Currency is United States Dollarsthe USD.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one fourteen million nine hundred thousand Special Drawing Rights (SDR 1,900,00014,000,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May 15 June 1 and November 15 December 1 in each year. . 2.05. The Payment Currency is United States DollarsDollar.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one thirty-three million nine eight hundred thousand Special Drawing Rights (SDR 1,900,00033,800,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“ProjectGrant”). 2.02. The Recipient may withdraw the proceeds of the Financing in support of the Program in accordance with Section IV II of the Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Un-withdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May April 15 and November October 15 in each year. 2.05. The Payment Currency is United States Dollarsthe Dollar.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one seventy-eight million nine hundred thousand Special Drawing Rights (SDR 1,900,00078,900,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in support of the Program in accordance with Section IV II of Schedule 2 1 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May 15 and November 15 in each year. . 2.05. The Payment Currency is United States Dollarsthe Euro.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one twenty million nine hundred thousand Special Drawing Rights (SDR 1,900,00020,000,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May 15 1 and November 15 1 in each year. 2.05. The Payment Currency is United States Dollars.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one sixteen million nine three hundred thousand Special Drawing Rights (SDR 1,900,00016,300,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May June 15 and November December 15 in each year. . 2.05. The Payment Currency is United States Dollarsthe Dollar.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one three million nine four hundred thousand Special Drawing Rights (SDR 1,900,0003,400,000) (“FinancingGrant”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May April 15 and November October 15 in each year. 2.05. The Payment Currency is United States Dollars.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one eight million nine hundred thousand Special Drawing Rights (SDR 1,900,0008,000,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.042.05. The Payment Dates are May 15 April 1 and November 15 October 1 in each year. 2.05. 2.06. The Payment Currency is United States DollarsEuro.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one six million nine seven hundred thousand Special Drawing Rights (SDR 1,900,0006,700,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in support of the Program in accordance with Section IV II of the Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May 15 March 1 and November 15 September 1 in each year. 2.05. The Payment Currency is United States Dollars.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one sixteen million nine hundred thousand Special Drawing Rights (SDR 1,900,00016,900,000) (“FinancingGrant”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May June 15 and November December 15 in each year. . 2.05. The Payment Currency is United States Dollars.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one twelve million nine hundred thousand Special Drawing Rights (SDR 1,900,00012,900,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in support of the Program in accordance with Section IV II of Schedule 2 1 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May 15 and November 15 April 1and October 1 in each year. 2.052.06. The Payment Currency is United States Dollars.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the RecipientRecipient a grant, on which is deemed as Concessional Financing for purposes of the terms and conditions set forth or referred to in this AgreementGeneral Conditions, a grant in an amount equivalent to twenty-one million nine two hundred thousand Special Drawing Rights (SDR 1,900,00021,200,000) (“Financing”) ), to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV III of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be is one-half of one percent (1/2 of 1%) per annumannum on the Unwithdrawn Financing Balance. 2.04. The Payment Dates are May March 15 and November September 15 in each year. . 2.05. The Payment Currency is United States DollarsDollar.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an the amount equivalent to one million nine six hundred twenty thousand Special Drawing Rights Rights, (SDR 1,900,000620,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May January 15 and November July 15 in each year. 2.05. 2.07. The Payment Currency is United States DollarsDollar.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to two million one million nine hundred thousand Special Drawing Rights (SDR 1,900,0002,100,000) (“FinancingGrant”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV V of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May 15 April 1 and November 15 October 1 in each year. 2.05. The Payment Currency is United States Dollars.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one ninety-six million nine four hundred thousand Special Drawing Rights (SDR 1,900,00096,400,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in support of the Program in accordance with Section IV II of the Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May 15 January 1 and November 15 July 1 in each year. . 2.05. The Payment Currency is United States Dollarsthe Euro.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one twelve million nine three hundred thousand Special Drawing Rights (SDR 1,900,00012,300,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May 15 June 1 and November 15 December 1 in each year. 2.05. The Payment Currency is United States Dollars.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one three million nine seven hundred thousand Special Drawing Rights (SDR 1,900,0003,700,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May 15 and November 15 in each year. . 2.05. The Payment Currency is United States Dollars.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one seven million nine six hundred forty thousand Special Drawing Rights (SDR 1,900,0007,640,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May April 15 and November October 15 in each year. 2.05. The Payment Currency is United States Dollars.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one twenty six million nine hundred thousand Special Drawing Rights (SDR 1,900,00026,900,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May April 15 and November October 15 in each year. . 2.05. The Payment Currency is United States Dollarsthe Dollar.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the RecipientRecipient a grant, on which is deemed as Concessional Financing for purposes of the terms and conditions set forth or referred to in this AgreementGeneral Conditions, a grant in an amount equivalent to one forty-four million nine five hundred thousand Special Drawing Rights (SDR 1,900,00044,500,000) (“Financing”) ), to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV III of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be is one-half of one percent (1/2 of 1%) per annumannum on the Unwithdrawn Financing Balance. 2.04. The Payment Dates are May February 15 and November August 15 in each year. . 2.05. The Payment Currency is United States DollarsDollar.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one million nine four hundred thousand Special Drawing Rights (SDR 1,900,000SDR1,400,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May June 15 and November December 15 in each year. . 2.05. The Payment Currency is United States DollarsDollar.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one nineteen million nine two hundred thousand Special Drawing Rights (SDR 1,900,00019,200,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May 15 March 1 and November 15 September 1 in each year. . 2.05. The Payment Currency is United States DollarsDollar.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one four million nine seven hundred thousand Special Drawing Rights (SDR 1,900,0004,700,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May June 15 and November December 15 in each year. . 2.05. The Payment Currency is United States Dollars.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the RecipientRecipient a grant, on which is deemed as Concessional Financing for purposes of the terms and conditions set forth or referred to in this AgreementGeneral Conditions, a grant in an amount equivalent to one hundred six million nine five hundred thousand Special Drawing Rights (SDR 1,900,000106,500,000) (“Financing”) ), to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV III of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be is one-half of one percent (1/2 of 1%) per annumannum on the Unwithdrawn Financing Balance. 2.04. The Payment Dates are May April 15 and November October 15 in each year. . 2.05. The Payment Currency is United States DollarsDollar.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one three million nine three hundred thousand Special Drawing Rights (SDR 1,900,0003,300,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May February 15 and November August 15 in each year. . 2.05. The Payment Currency is United States Dollars.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one five million nine six hundred thousand Special Drawing Rights (SDR 1,900,0005,600,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“ProjectGrant”).; 2.02. The Recipient may withdraw the proceeds of the Financing in support of the Program in accordance with Section IV II of Schedule 2 1 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May 15 April 1 and November 15 October 1 in each year. 2.05. The Payment Currency is United States Dollarsdollars.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the RecipientRecipient a grant, on which is deemed as Concessional Financing for purposes of the terms and conditions set forth or referred to in this AgreementGeneral Conditions, a grant in an amount equivalent to one three million nine five hundred thousand Special Drawing Rights (SDR 1,900,000SDR3,500,000) (“Financing”) ), to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV III of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be is one-half of one percent (1/2 of 1%) per annumannum on the Unwithdrawn Financing Balance. 2.04. The Payment Dates are May April 15 and November October 15 in each year. . 2.05. The Payment Currency is United States DollarsDollar.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one million nine hundred fifty thousand Special Drawing Rights (SDR 1,900,000950,000) (“FinancingGrant”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May June 15 and November December 15 in each year. . 2.05. The Payment Currency is United States Dollars.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one two million nine hundred thousand Special Drawing Rights (SDR 1,900,0002,000,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May 15 April 1 and November 15 October 1 in each year. 2.05. The Payment Currency is United States DollarsDollar.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one nine million nine six hundred thousand Special Drawing Rights (SDR 1,900,000SDR9,600,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May June 15 and November December 15 in each year. . 2.05. The Payment Currency is United States Dollars.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one three million nine five hundred thousand Special Drawing Rights (SDR 1,900,0003,500,000) (“FinancingGrant”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing Grant in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Grant Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May 15 April 1 and November 15 October 1 in each year. 2.05. The Payment Currency is United States Dollars.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the RecipientRecipient a grant, on which is deemed as Concessional Financing for purposes of the terms and conditions set forth or referred to in this AgreementGeneral Conditions, a grant in an amount equivalent to one fourteen million nine two hundred thousand Special Drawing Rights (SDR 1,900,00014,200,000) (“Financing”) ), to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV III of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be is one-half of one percent (1/2 of 1%) per annumannum on the Unwithdrawn Financing Balance. 2.04. The Payment Dates are November 1 and May 15 and November 15 1 in each year. . 2.05. The Payment Currency is United States DollarsDollar.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one twelve million nine hundred thousand Special Drawing Rights (SDR 1,900,00012,000,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May April 15 and November October 15 in each year. 2.05. The Payment Currency is United States Dollars.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one twelve million nine hundred thousand Special Drawing Rights (SDR 1,900,00012,000,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May April 15 and November October 15 in each year. 2.05. The Payment Currency is United States DollarsUS dollars.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one twenty-four million nine three hundred thousand Special Drawing Rights (SDR 1,900,00024,300,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”).; 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May February 15 and November August 15 in each year. . 2.05. The Payment Currency is United States Dollarsthe Dollar.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant credit in an amount equivalent to one six million nine eight hundred thousand Special Drawing Rights (SDR 1,900,0006,800,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“ProjectCredit”). 2.02. The Recipient may withdraw the proceeds of the Financing in support of the Program in accordance with Section IV II of Schedule 2 1 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May February 15 and November August 15 in each year. 2.05. The principal amount of the Credit shall be repaid in accordance with the repayment schedule set forth in Schedule 2 to this Agreement. 2.06. The Payment Currency is United States Dollars.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one two million nine two hundred thousand Special Drawing Rights (SDR 1,900,0002,200,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May 15 January 1 and November 15 July 1 in each year. 2.05. The Payment Currency is United States Dollars.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to sixteen million one million nine hundred thousand Special Drawing Rights (SDR 1,900,00016,100,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in support of the Program in accordance with Section IV II of Schedule 2 1 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May April 15 and November October 15 in each year. 2.05. The Payment Currency is United States Dollarsthe Dollar.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to sixty one million nine million, seven hundred thousand Special Drawing Rights (SDR 1,900,00061,700,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%1 percent) per annum. 2.04. The Payment Dates are May 15 June 1 and November 15 December 1 in each year. 2.05. The Payment Currency is United States Dollars.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one three million nine eight hundred thousand Special Drawing Rights (SDR 1,900,0003,800,000) (“FinancingGrant”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May February 15 and November August 15 in each year. . 2.05. The Payment Currency is United States Dollars.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the RecipientRecipient a grant, on which is deemed as Concessional Financing for purposes of the terms and conditions set forth or referred to in this AgreementGeneral Conditions, a grant in an amount equivalent to one twenty-two million nine six hundred thousand Special Drawing Rights (SDR 1,900,00022,600,000) (“Financing”) ), to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV III of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be is one-half of one percent (1/2 of 1%) per annumannum on the Unwithdrawn Financing Balance. 2.04. The Payment Dates are May January 15 and November July 15 in each year. . 2.05. The Payment Currency is United States DollarsDollar.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the RecipientRecipient a grant, on which is deemed as Concessional Financing for purposes of the terms and conditions set forth or referred to in this AgreementGeneral Conditions, a grant in an amount equivalent to one twenty nine million nine two hundred thousand Special Drawing Rights (SDR 1,900,00029,200,000) (“Financing”) ), to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV III of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be is one-half of one percent (1/2 of 1%) per annumannum on the Unwithdrawn Financing Balance. 2.04. The Payment Dates are May February 15 and November August 15 in each year. . 2.05. The Payment Currency is United States DollarsDollar.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one ten million nine hundred thousand Special Drawing Rights (SDR 1,900,00010,000,000) (“FinancingGrant”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”).; 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May March 15 and November September 15 in each year. . 2.05. The Payment Currency is United States Dollarsthe Euro.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one three million nine three hundred thousand Special Drawing Rights (SDR 1,900,0003,300,000 ) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May June 15 and November December 15 in each year. . 2.05. The Payment Currency is United States Dollars.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one twenty-two million nine eight hundred thousand Special Drawing Rights (SDR 1,900,00022,800,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May 15 April 1 and November 15 October 1 in each year. 2.05. The Payment Currency is United States Dollarsthe Euro.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one seventy-three million nine hundred thousand Special Drawing Rights (SDR 1,900,00073,900,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in support of the Program in accordance with Section IV II of the Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May March 15 and November September 15 in each year. . 2.05. The Payment Currency is United States Dollarsthe Dollar.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one two million nine six hundred thousand Special Drawing Rights (SDR 1,900,0002,600,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May March 15 and November September 15 in each year. . 2.05. The Payment Currency is United States DollarsDollar.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one six million nine four hundred thousand Special Drawing Rights (SDR 1,900,0006,400,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in support of the Program in accordance with Section IV II of Schedule 2 1 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May April 15 and November October 15 in each year. 2.05. The Payment Currency is United States Dollars.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on a grant, which is deemed as Concessional Financing for purposes of the terms and conditions set forth or referred to in this AgreementGeneral Conditions, a grant in an amount equivalent to one twenty-six million nine three hundred thousand Special Drawing Rights (SDR 1,900,00026,300,000) (“Financing”) ), to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV III of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be is one-half of one percent (1/2 of 1%) per annumannum on the Unwithdrawn Financing Balance. 2.04. The Payment Dates are May February 15 and November August 15 in each year. . 2.05. The Payment Currency is United States DollarsDollar.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to thirty one million nine and three hundred thousand Special Drawing Rights (SDR 1,900,00031,300,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May April 15 and November October 15 in each year. 2.05. The Payment Currency is United States Dollars.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the RecipientRecipient a grant, on which is deemed as Concessional Financing for purposes of the terms and conditions set forth or referred to in this AgreementGeneral Conditions, a grant in an amount equivalent to one fourteen million nine hundred thousand Special Drawing Rights (SDR 1,900,00014,900,000) (“FinancingGrant) ), to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing Grant in accordance with Section IV III of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be is one-half of one percent (1/2 of 1%) per annumannum on the Unwithdrawn Grant Balance. 2.04. The Payment Dates are May January 15 and November July 15 in each year. . 2.05. The Payment Currency is United States DollarsDollar.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one fifteen million nine three hundred thousand Special Drawing Rights (SDR 1,900,00015,300,000) (“FinancingGrant”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Un-withdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May February 15 and November August 15 in each year. . 2.05. The Payment Currency is United States Dollarsthe Dollar.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one three million nine four hundred thousand Special Drawing Rights (SDR 1,900,0003,400,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in support of the Program in accordance with Section IV II of Schedule 2 1 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May March 15 and November September 15 in each year. . 2.05. The Payment Currency is United States Dollarsthe Euro.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one three million nine eight hundred thousand Special Drawing Rights (SDR 1,900,0003,800,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May 15 April 1 and November 15 October 1 in each year. 2.05. The Payment Currency is United States Dollars.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one million nine seven hundred thousand Special Drawing Rights (SDR 1,900,000700,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May April 15 and November October 15 in each year. 2.05. The Payment Currency is United States Dollars.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the RecipientRecipient a grant, on which is deemed as Concessional Financing for purposes of the terms and conditions set forth or referred to in this AgreementGeneral Conditions, a grant in an amount equivalent to one twenty three million nine seven hundred thousand Special Drawing Rights (SDR 1,900,00023,700,000) (“Financing”) ), to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV III of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be is one-half of one percent (1/2 of 1%) per annumannum on the Unwithdrawn Financing Balance. 2.04. The Payment Dates are May April 15 and November October 15 in each year. . 2.05. The Payment Currency is United States DollarsDollar.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one eleven million nine two hundred thousand Special Drawing Rights (SDR 1,900,00011,200,000) (“FinancingGrant”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May January 15 and November July 15 in each year. 2.05. The Payment Currency is United States Dollars.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one seven million nine six hundred thousand Special Drawing Rights (SDR 1,900,000SDR7,600,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May January 15 and November July 15 in each year. 2.05. The Payment Currency is United States Dollars.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one forty million nine four hundred thousand Special Drawing Rights (SDR 1,900,00040,400,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“ProjectGrant”). 2.02. The Recipient may withdraw the proceeds of the Financing in support of the Program in accordance with Section IV II of the Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May 15 March 31 and November 15 September 30 in each year. . 2.05. The Payment Currency is United States Dollarsthe Dollar.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one three million nine five hundred thousand Special Drawing Rights (SDR 1,900,0003,500,000) (“FinancingGrant”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.032.02. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.042.03. The Payment Dates are May March 15 and November September 15 in each year. 2.05. 2.04. The Payment Currency is United States Dollarsthe Dollar.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one six million nine four hundred thousand Special Drawing Rights (SDR 1,900,0006,400,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May 15 and November 15 in each year. . 2.05. The Payment Currency is United States Dollars.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the RecipientRecipient a grant, on which is deemed as Concessional Financing for purposes of the terms and conditions set forth or referred to in this AgreementGeneral Conditions, a grant in an amount equivalent to one twenty-two million nine three hundred thousand Special Drawing Rights (SDR 1,900,00022,300,000) (“Financing”) ), to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV III of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be is one-half of one percent (1/2 of 1%) per annumannum on the Unwithdrawn Financing Balance. 2.04. The Payment Dates are May 15 January 1 and November 15 July 1in each year. . 2.05. The Payment Currency is United States DollarsDollar.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the RecipientRecipient a grant, on which is deemed as Concessional Financing for purposes of the terms and conditions set forth or referred to in this AgreementGeneral Conditions, a grant in an amount equivalent to one twelve million nine eight hundred thousand Special Drawing Rights (SDR 1,900,000SDR12,800,000) (“Financing”) ), to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV III of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be is one-half of one percent (1/2 of 1%) per annumannum on the Unwithdrawn Financing Balance. 2.04. The Payment Dates are May January 15 and November July 15 in each year. . 2.05. The Payment Currency is United States DollarsDollar. .

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one twenty-seven million nine eight hundred thousand Special Drawing Rights (SDR 1,900,00027,800,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May March 15 and November September 15 in each year. . 2.05. The Payment Currency is United States Dollars.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to referenced in this Agreement, a grant in an amount equivalent to one million nine seven hundred thousand Special Drawing Rights (SDR 1,900,000700,000) (“FinancingGrant”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”).; 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May 15 March 1 and November 15 September 1 in each year. 2.05. 2.06. The Payment Currency is United States Dollars.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one thirteen million nine three hundred thousand Special Drawing Rights (SDR 1,900,00013,300,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in support of the Program in accordance with Section IV II of Schedule 2 1 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May February 15 and November August 15 in each year. . 2.05. The Payment Currency is United States Dollars.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to four million one million nine hundred thousand Special Drawing Rights (SDR 1,900,0004,100,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May January 15 and November July 15 in each year. 2.05. The Payment Currency is United States Dollars.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one hundred eighteen million nine five hundred thousand Special Drawing Rights (SDR 1,900,000118,500,000) (“FinancingGrant) ), to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing Grant in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May 15 April 1 and November 15 October 1 in each year. 2.05. The Payment Currency is United States Dollars.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one fifty two million nine hundred thousand Special Drawing Rights (SDR 1,900,00052,900,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in support of the Program in accordance with Section IV II of Schedule 2 1 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May February 15 and November August 15 in each year. . 2.05. The Payment Currency is United States DollarsDollar.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one ten million nine six hundred thousand Special Drawing Rights (SDR 1,900,00010,600,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May December 15 and November June 15 in each year. 2.05. The Payment Currency is United States Dollarsthe US Dollar.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one thirteen million nine three hundred thousand Special Drawing Rights (SDR 1,900,00013,300,000) (“FinancingGrant”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May April 15 and November October 15 in each year. . 2.05. The Payment Currency is United States Dollarsthe Dollar.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the RecipientRecipient a grant, on which is deemed as Concessional Financing for purposes of the terms and conditions set forth or referred to in this AgreementGeneral Conditions, a grant in an amount equivalent to one three million nine and seven hundred thousand Special Drawing Rights (SDR 1,900,0003,700,000) (“FinancingGrant) ), to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing Grant in accordance with Section IV III of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be is one-half of one percent (1/2 of 1%) per annumannum on the Unwithdrawn Grant Balance. 2.04. The Payment Dates are May 15 January1 and November 15 July 1 in each year. . 2.05. The Payment Currency is United States DollarsDollar.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to ten million one million nine hundred thousand Special Drawing Rights (SDR 1,900,00010,100,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May March 15 and November September 15 in each year. . 2.05. The Payment Currency is United States US Dollars.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equivalent to one eight million nine hundred thousand Special Drawing Rights (SDR 1,900,0008,000,000) (“Financing”) to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum. 2.04. The Payment Dates are May 15 March 1 and November 15 September 1 in each year. . 2.05. The Payment Currency is United States Dollarsthe Dollar.

Appears in 1 contract

Sources: Financing Agreement

Financing. 2.01. The Association agrees to extend to the RecipientRecipient a grant, on which is deemed as Concessional Financing for purposes of the terms and conditions set forth or referred to in this AgreementGeneral Conditions, a grant in an amount equivalent to one six million nine hundred thousand Special Drawing Rights (SDR 1,900,0006,900,000) (“Financing”) ), to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section IV III of Schedule 2 to this Agreement. 2.03. The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be is one-half of one percent (1/2 of 1%) per annumannum on the Unwithdrawn Financing Balance. 2.04. The Payment Dates are May January 15 and November July 15 in each year. . 2.05. The Payment Currency is United States DollarsDollar.

Appears in 1 contract

Sources: Financing Agreement