Common use of Retroactive Financing Clause in Contracts

Retroactive Financing. 5. Withdrawals from the Loan Account may be made for reimbursement of eligible expenditures incurred under the Project before the Effective Date, but not earlier than 12 months before the date of this Loan Agreement in connection with items to be retroactively financed, subject to a maximum amount equivalent to 20% of the Loan amount. Schedule 3 Condition for Withdrawals from Loan Account

Retroactive Financing. 56. Withdrawals from the Loan Account may be made for reimbursement of eligible expenditures incurred under the Project before the Effective Date, but not earlier than 12 months before the date of this Loan Agreement in connection with items to be retroactively financedAgreement, subject to a maximum amount equivalent to 20% of the Loan amount. Schedule 3 Condition for Withdrawals from Loan Account

Retroactive Financing. 56. Withdrawals from the Loan Account may be made for reimbursement of eligible expenditures incurred under the Project before the Effective Date, but not earlier than 12 months before the date of this Loan Agreement in connection with items to be retroactively financedthe Consulting Schedule 2 Services and Project management support, subject to a maximum amount equivalent to 20% of the Loan amount. Schedule 3 Condition for Withdrawals from Loan Account.

Retroactive Financing. 5. Withdrawals from the Loan Account may be made for reimbursement of eligible expenditures incurred under the Project before the Effective Date, but not earlier than 12 months before the date of this Loan Agreement in connection with items to be retroactively financed, subject to a maximum amount equivalent to 20% of the Loan amount. Schedule 3 Condition for Withdrawals from Loan Account.

Retroactive Financing. 5. Withdrawals from the Loan Account may be made for reimbursement of eligible reasonable expenditures incurred under the Project before the Effective Date, but not earlier than 12 months before the date of this Loan Agreement 30 April 2005, in connection with items to be retroactively financed, civil works contracts for specified Subprojects subject to a maximum amount equivalent to 20% of the Loan amount$8,000,000. Schedule 3 Condition for Withdrawals from Loan AccountInterest and Other Charges

Retroactive Financing. 56. Withdrawals from the Loan Account may be made for reimbursement of eligible expenditures incurred under the Project before the Effective Date, but not earlier than Schedule 3 12 months before the date of this Loan Agreement in connection with items to be retroactively financedGoods, Works and Consulting Services, subject to a maximum amount equivalent to 20% of the Loan amount. Schedule 3 Condition for Withdrawals from Loan Account.

Retroactive Financing. 54. Withdrawals from the Loan Account and the Grant Account may be made for reimbursement of eligible expenditures incurred under the Project before the Effective Date, but not earlier than 12 months before the date of this Loan Agreement in connection with items to be retroactively financedFinancing Agreement, subject to a maximum amount equivalent to 20% of the aggregate amount of the Loan amount. Schedule 3 Condition for Withdrawals from Loan Accountand the Grant.

Retroactive Financing. 5. Withdrawals from the Loan Account may be made for reimbursement of eligible expenditures incurred under the Project before the Effective Date, but not earlier than 12 months before the date of this Loan Agreement Agreement, in connection with items to be retroactively financedGoods or Consulting Services, subject to a maximum amount equivalent to 20% of the Loan amount. Schedule 3 Condition for Withdrawals from Loan Account.

Retroactive Financing. 56. Withdrawals from the Loan Account may be made for reimbursement of eligible expenditures incurred under the Project before the Effective Date, but not earlier than 12 months before the date of this Loan Agreement in connection with items to be retroactively financed, subject to a maximum amount equivalent to 20% of the Loan amount. Schedule 3 2 Condition for Withdrawals from Loan Account

Retroactive Financing. 56. Withdrawals from the Loan Account may be made for reimbursement of eligible expenditures incurred under the Project before the Effective Date, but not earlier than Schedule 3 12 months before the date of this Loan Agreement in connection with items to be retroactively financedAgreement, subject to a maximum amount equivalent to 20% of the Loan amount. Schedule 3 Condition for Withdrawals from Loan Account.

Retroactive Financing. 57. Withdrawals from the Loan Account may be made for reimbursement of eligible reasonable expenditures incurred under the Project before the Effective Date, but not earlier than 12 months before the date of this Loan Agreement in connection with items to be retroactively financed, subject to a maximum amount equivalent to 20% 20 percent of the Loan amount. Schedule 3 Condition for Withdrawals from Loan Account.

Retroactive Financing. 56. Withdrawals from the Loan Account may be made for reimbursement of eligible reasonable expenditures incurred under the Project before the Effective Date, but not earlier than 12 months before the date of this Loan Agreement in connection with items to be retroactively financedGoods, Works, and consulting services subject to a maximum amount equivalent to twenty (20% ) percent of the Loan amount. Schedule 3 Condition for Withdrawals from Loan Account.

Retroactive Financing. 56. Withdrawals from the Loan Account may be made for reimbursement of eligible expenditures incurred under the Project before the Effective Date, but not earlier than 12 months before the date of this Loan Agreement in connection with items to be retroactively financed, subject to a maximum amount equivalent to 20% of the Loan amount. Schedule 3 Condition for Withdrawals from Loan Account

Retroactive Financing. 56. Withdrawals from the Loan Account may be made for reimbursement of eligible reasonable expenditures incurred under the Project before the Effective Date, but not earlier than 12 months before the date of this Loan Agreement in connection with items to be retroactively financedWorks and consulting services, subject to a maximum amount equivalent to 20% of the Loan amount. Schedule 3 Condition for Withdrawals from Loan Accountforty million Dollars ($40,000,000).

Retroactive Financing. 56. Withdrawals from the Loan Account may be made for reimbursement of eligible expenditures incurred under the Project before the Effective Date, but not earlier than Schedule 3 12 months before the date of this Loan Agreement Agreement, in connection with items to be retroactively financedWorks and Consulting Services, subject to a maximum amount equivalent to 20% of the Loan amount. Schedule 3 Condition for Withdrawals from Loan Account.

Retroactive Financing. 56. Withdrawals from the Loan Account may be made for reimbursement of eligible expenditures incurred under the Project before the Effective Date, but not earlier than 12 months before the date of this Loan Agreement in connection with items to be retroactively financedthe Consulting Schedule 3 Services and Project management support, subject to a maximum amount equivalent to 20% of the Loan amount. Schedule 3 Condition for Withdrawals from Loan Account.

Retroactive Financing. 57. Withdrawals from the Loan Account may be made for reimbursement of eligible reasonable expenditures incurred under the Project before the Effective Date, but not earlier than 12 months before the date of this Loan Agreement in connection with items to be retroactively financedprocurement of Goods, Works, and Consulting Services, subject to a maximum amount equivalent to 20% of the Loan amount. Schedule 3 Condition for Withdrawals from Loan Account.

Retroactive Financing. 5. Withdrawals from the Loan Account may be made for reimbursement of eligible expenditures incurred under the Project before the Effective Date, but not earlier than 12 months before the date of this Loan Agreement in connection with items to be retroactively financedAgreement, subject to a maximum amount equivalent to 2010% of the Loan amount. Schedule 3 Condition for of Withdrawals from Loan Account

Retroactive Financing. 57. Withdrawals from the Loan Account may be made for reimbursement of eligible reasonable expenditures incurred under the Project before the Effective Date, but not earlier than 12 twelve (12) months before the date of this Loan Agreement in connection with items to be retroactively financedGoods, Works, and consulting services subject to a maximum amount equivalent to twenty (20% ) percent of the Loan amount. Schedule 3 Condition for Withdrawals from Loan Account.

Retroactive Financing. 56. Withdrawals from the Loan Account may be made for reimbursement of eligible expenditures incurred under the Project before the Effective Date, but not earlier than Schedule 3 12 months before the date of this Loan Agreement in connection with items to be retroactively financedWorks, subject to a maximum amount equivalent to 20% of the Loan amount. Schedule 3 Condition for Withdrawals from Loan Account.

Retroactive Financing. 56. Withdrawals from the Loan Account may be made for reimbursement of eligible expenditures incurred under the Project before the Effective Date, but not earlier than Schedule 3 12 months before the date of this Loan Agreement in connection with items to be retroactively financed, subject to a maximum amount equivalent to 201% of the Loan amount. Schedule 3 Condition for Withdrawals from Loan Account.

Retroactive Financing. 5. Withdrawals from the Loan Account may be made for reimbursement of eligible expenditures incurred under the Project before the Effective Date, but not earlier than 12 months before the date of this Loan Agreement in connection with items to be retroactively financed1 contract for Works and 3 contracts for Consulting Services, subject to a maximum amount equivalent to 20% of the Loan amount. Schedule 3 Condition for Withdrawals from Loan Account3

Retroactive Financing. 56. Withdrawals from the Loan Account may be made for reimbursement of eligible expenditures incurred under the Project before the Effective Date, but not earlier than 12 months before the date of this Loan Agreement in connection with items to be retroactively financed, subject to a maximum amount equivalent to 2010% of the Loan amount. Schedule 3 Condition for Withdrawals from Loan Account

Retroactive Financing. 56. Withdrawals from the Loan Account may be made for reimbursement of eligible expenditures incurred under the Project before the Effective Date, but not earlier than 12 months before the date of this Loan Agreement in connection with items to be retroactively financedthe procurement of Goods and Consulting Services, subject to a maximum amount equivalent to 20% of the Loan amount. Schedule 3 Condition for Withdrawals from Loan Account.

Retroactive Financing. 56. Withdrawals from the Loan Account may be made for reimbursement of eligible expenditures incurred under the Project before the Effective Date, but not earlier than 12 months before the date of this Loan Agreement in connection with items to be retroactively financedthe procurement of the Works, Goods, Consulting Services and project management activities, subject to a maximum amount equivalent to 20% of the Loan amount. Schedule 3 Condition for Withdrawals from Loan Account.

Retroactive Financing. 56. Withdrawals from the Loan Account may be made for reimbursement of eligible expenditures incurred under the Project before the Effective Date, but not earlier than 12 months before the date of this Loan Agreement in connection with items to be retroactively financedcivil works and Consulting Services, subject to a maximum amount equivalent to 20% of the Loan amount. Attachment to Schedule 3 Condition TABLE ALLOCATION AND WITHDRAWAL OF LOAN PROCEEDS (Coastal Climate-Resilient Infrastructure Project) Number Item Total Amount Allocated for Withdrawals SCF Funding Basis for Withdrawal from the Loan AccountAccount ($)

Retroactive Financing. 5. Withdrawals from the Loan Account may be made for reimbursement of eligible expenditures incurred under the Project before the Effective Date, but not earlier than 12 months before the date of this Loan Agreement in connection with items to be retroactively financedthe Consulting Services, Goods and Works, subject to a maximum amount equivalent to 20% of the Loan amount. Schedule 3 Condition for Withdrawals from Loan Account

Retroactive Financing. 56. Withdrawals from the Loan Account may be made for reimbursement of eligible expenditures incurred under the Project before the Effective Date, but not earlier than 12 months before the date of this Loan Agreement in connection with items to be retroactively financedWorks, Goods, and Consulting Services, subject to a maximum amount equivalent to 20% of the Loan amount. Schedule 3 Condition for Withdrawals from Loan Account