Common use of The Credit Clause in Contracts

The Credit. Section 2.01. The Association agrees to lend to the Borrower, on the terms and conditions set forth or referred to in the Development Credit Agreement, an amount in various currencies equivalent to thirty-six million nine hundred thousand Special Drawing Rights (SDR 36,900,000). Section 2.02. (a) The amount of the Credit may be withdrawn from the Credit Account in accordance with the provisions of Schedule 1 to this Agreement for expenditures made (or, if the Association shall so agree, to be made) in respect of the reasonable cost of goods and services required for the Project and to be financed out of the proceeds of the Credit.

Appears in 2 contracts

Sources: Development Credit Agreement, Development Credit Agreement

The Credit. Section 2.01. The Association agrees to lend to the Borrower, on the terms and conditions set forth or referred to in the Development Credit this Agreement, an amount in various currencies equivalent to thirty-six eighteen million nine hundred thousand Special Drawing Rights (SDR 36,900,00018,900,000). Section 2.02. (a) The amount of the Credit may be withdrawn from the Credit Account in accordance with the provisions of Schedule 1 to this Agreement for expenditures made (or, if the Association shall so agree, to be made) in respect of the reasonable cost of goods goods, works, services and services Incentives required for the Project and to be financed out of the proceeds of the Credit.

Appears in 2 contracts

Sources: Development Credit Agreement, Development Credit Agreement

The Credit. Section 2.01. The Association agrees to lend to the Borrower, on the terms and conditions set forth or referred to in the Development Credit Agreement, an amount in various currencies equivalent to thirty-six one hundred thirty eight million nine four hundred forty thousand Special Drawing Rights (SDR 36,900,000138 ,440,000). Section 2.02. (a) The amount of the Credit may be withdrawn from the Credit Account in accordance with the provisions of Schedule 1 to this Agreement for expenditures made (or, if the Association shall so agree, to be made) in respect of the reasonable cost of goods goods, works, and services required for the Project and to be financed out of the proceeds of the Credit.

Appears in 2 contracts

Sources: Development Credit Agreement, Development Credit Agreement

The Credit. Section 2.01. The Association agrees to lend to the Borrower, on the terms and conditions set forth or referred to in the Development Credit Agreement, an amount in various currencies equivalent to thirty-thirty three million six million nine hundred thousand Special Drawing Rights (SDR 36,900,00033,600,000). Section 2.02. (a) The amount of the Credit may be withdrawn from the Credit Account in accordance with the provisions of Schedule 1 to this Agreement for expenditures made (or, if the Association shall so agree, to be made) in respect of the reasonable cost of goods and services required for the Project described in Schedule 2 to this Agreement and to be financed out of the proceeds of the Credit.

Appears in 1 contract

Sources: Development Credit Agreement

The Credit. Section 2.01. The Association agrees to lend to the Borrower, on the terms and conditions set forth or referred to in the Development Credit Agreement, an amount in various currencies equivalent to thirty-six forty million nine five hundred thousand Special Drawing Rights (SDR 36,900,00040,500,000). Section 2.02. (a) The amount of the Credit may be withdrawn from the Credit Account in accordance with the provisions of Schedule 1 to this Agreement for expenditures made (or, if the Association shall so agree, to be made) in respect of the reasonable cost of of: (i) goods and services required for the Project and to be financed out of the proceeds of the Credit; and (ii) goods and services required for Subprojects in respect of which the withdrawal from the Credit Account is requested.

Appears in 1 contract

Sources: Development Credit Agreement

The Credit. Section 2.01. The Association agrees to lend to the Borrower, on the terms and conditions set forth or referred to in the Development Credit Agreement, an amount in various currencies equivalent to thirtyninety-six million nine two hundred thousand Special Drawing Rights (SDR 36,900,00096,200,000). Section 2.02. (a) The amount of the Credit may be withdrawn from the Credit Account in accordance with the provisions of Schedule 1 to this Agreement for expenditures made (or, if the Association shall so agree, to be made) in respect of the reasonable cost of goods goods, works, and services required for the Project and to be financed out of the proceeds of the Credit.

Appears in 1 contract

Sources: Development Credit Agreement

The Credit. Section 2.01. The Association agrees to lend to the Borrower, on the terms and conditions set forth or referred to in the Development Credit Agreement, an amount in various currencies equivalent to thirty-six million nine hundred thousand Fourteen Million One Hundred Eighty Thousand Special Drawing Rights (SDR 36,900,000SDR14,180,000). Section 2.02. (a) The amount of the Credit may be withdrawn from the Credit Account in accordance with the provisions of Schedule 1 to this Agreement for expenditures made (or, if the Association shall so agree, to be made) in respect of the reasonable cost of goods and services required for the Project and to be financed out of the proceeds of the Credit.

Appears in 1 contract

Sources: Development Credit Agreement

The Credit. Section 2.01. The Association agrees to lend to the Borrower, on the terms and conditions set forth or referred to in the Development Deve- lopment Credit Agreement, an amount in various currencies equivalent equiva- lent to thirty-six seven million nine three hundred thousand Special Drawing Rights (SDR 36,900,0007,300,000). Section 2.02. (a) The amount of the Credit may be withdrawn from the Credit Account in accordance with the provisions of Schedule 1 to this Agreement for for: (i) expenditures made (or, or if the Association shall so agree, to be made) in respect of the reasonable reason- able cost of goods and services required for Parts A and C of the Project and to be financed out of the proceeds of the Credit.;

Appears in 1 contract

Sources: Development Credit Agreement

The Credit. Section 2.01. The Association agrees to lend to the Borrower, on the terms and conditions set forth or referred to in the Development Credit Agreement, an amount in various currencies equivalent to thirty-six twenty one million nine three hundred thousand Special Drawing Rights (SDR 36,900,00021,300,000). Section 2.02. (a) The amount of the Credit may be withdrawn from the Credit Account in accordance with the provisions of Schedule 1 to this Agreement for expenditures made (or, if the Association shall so agree, to be made) in respect of of: (i) the reasonable cost of goods goods, works and services required for the Project and to be financed out of the proceeds of the Credit; and (ii) withdrawals made on account of Development Plans under Part B.1 of the Project.

Appears in 1 contract

Sources: Development Credit Agreement

The Credit. Section 2.01. The Association agrees to lend to the Borrower, on the terms and conditions set forth or referred to in the Development Credit Agreement, an amount in various currencies equivalent to thirty-six one hundred eighty one million nine hundred thousand Special Drawing Rights (SDR 36,900,000181,900,000). Section 2.02. (a) The amount of the Credit may be withdrawn from the Credit Account in accordance with the provisions of Schedule 1 to this Agreement for expenditures made (or, if the Association shall so agree, to be made) in respect of the reasonable cost of goods and services required for the Project and to be financed out of the proceeds of the Credit.

Appears in 1 contract

Sources: Development Credit Agreement

The Credit. Section 2.01. The Association agrees to lend to the Borrower, on the terms and conditions set forth or referred to in the Development Credit Agreement, an amount in various currencies equivalent to thirty-six fifteen million nine three hundred thousand Special Drawing Rights (SDR 36,900,00015,300,000). Section 2.02. (a) The amount of the Credit may be withdrawn from the Credit Account in accordance with the provisions of Schedule 1 to this Agreement for expenditures made (or, if the Association shall so agree, to be made) in respect of the reasonable cost of works, goods and services required for the Project described in Schedule 2 to this Agreement and to be financed out of the proceeds of the Credit.

Appears in 1 contract

Sources: Development Credit Agreement

The Credit. Section 2.01. The Association agrees to lend to the BorrowerBorrow- er, on the terms and conditions set forth or referred to in the Development Credit Agreement, an amount in various currencies equivalent to thirty-six eight million nine two hundred thousand Special Drawing Rights (SDR 36,900,0008,200,000). Section 2.02. (a) The amount of the Credit may be withdrawn from the Credit Account in accordance with the provisions of Schedule 1 to this Agreement for expenditures made (or, if the Association shall so agree, to be made) in respect of the reasonable reason- able cost of goods and services required for the Project described in Schedule 2 to this Agreement and to be financed out of the proceeds of the Credit.

Appears in 1 contract

Sources: Development Credit Agreement

The Credit. Section 2.01. The Association agrees to lend to the Borrower, on the terms and conditions set forth or referred to in the Development Credit Agreement, an amount in various currencies equivalent to thirty-six twenty one million nine three hundred thousand Special Drawing Rights (SDR 36,900,00021,300,000). Section 2.02. (a) The amount of the Credit may be withdrawn from the Credit Account in accordance with the provisions of Schedule 1 to this Agreement for expenditures made (or, if the Association shall so agree, to be made) in respect of of: (i) the reasonable cost of goods goods, works and services required for the Project and to be financed out of the proceeds of the Credit; and (ii) withdrawals made on account of Development Plans under Part B.1 of the Project.

Appears in 1 contract

Sources: Development Credit Agreement

The Credit. Section 2.01. The Association agrees to lend to the Borrower, on the terms and conditions set forth or referred to in the Development Credit Agreement, an amount in various currencies equivalent to thirtyone hundred ninety-six four million nine eight hundred thousand Special Drawing Rights (SDR 36,900,000l94,800,000). Section 2.02. (a) The amount of the Credit may be withdrawn from the Credit Account in accordance with the provisions of Schedule 1 to this Agreement for expenditures made (or, if the Association shall so agree, to be made) in respect of the reasonable cost of goods goods, works and services required for the Project and to be financed out of the proceeds of the Credit.

Appears in 1 contract

Sources: Development Credit Agreement

The Credit. Section 2.01. The Association agrees to lend to the Borrower, on the terms and conditions set forth or referred to in the Development Credit Agreement, an amount in various currencies equivalent to thirty-six fifty seven million nine three hundred thousand Special Drawing Rights (SDR 36,900,00057,300,000). Section 2.02. (a) The amount of the Credit may be withdrawn from the Credit Account in accordance with the provisions of this Section and of Schedule 1 to this Agreement for expenditures made (or, if the Association shall so agree, to be made) in respect of the reasonable cost of goods and services required for the Project and to be financed out of the proceeds of the Credit.

Appears in 1 contract

Sources: Development Credit Agreement

The Credit. Section 2.01. The Association agrees to lend to the Borrower, on the terms and conditions set forth or referred to in the Development Credit this Agreement, an amount in various currencies equivalent to thirty-six nine million nine hundred thousand Special Drawing Rights (SDR 36,900,0009,900,000). Section 2.02. (a) The amount of the Credit may be withdrawn from the Credit Account in accordance with the provisions of Schedule 1 to this Agreement for expenditures made (or, if the Association shall so agree, to be made) in respect of the reasonable cost of goods goods, works and services required for Parts A; B.1; B.2; and B.3 of the Project and to be financed out of the proceeds of the Credit.

Appears in 1 contract

Sources: Development Credit Agreement

The Credit. Section 2.01. The Association agrees to lend to the Borrower, on the terms and conditions set forth or referred to in the Development Credit Agreement, an amount in various currencies equivalent to thirty-six eight million nine eight hundred thousand Special Drawing Rights (SDR 36,900,00038,800,000). Section 2.02. (a) The amount of the Credit may be withdrawn from the Credit Account in accordance with the provisions of Schedule 1 to this Agreement for Page 3 expenditures made (or, if the Association shall so agree, to be made) in respect of the reasonable cost of goods and services required for the Project and to be financed out of the proceeds of the Credit.

Appears in 1 contract

Sources: Development Credit Agreement

The Credit. Section 2.01. The Association agrees to lend to the Borrower, on the terms and conditions set forth or referred to in the Development Credit Agreement, an amount in various currencies equivalent to thirtyfifty-six two million nine hundred thousand Special Drawing Rights (SDR 36,900,00052,900,000). Section 2.02. (a) The amount of the Credit may be withdrawn from the Credit Account in accordance with the provisions of Schedule 1 to this Agreement for expenditures made (or, if the Association shall so agree, to be made) in respect of the reasonable cost of goods and services required for the Project and to be financed out of the proceeds of the Credit.

Appears in 1 contract

Sources: Development Credit Agreement

The Credit. Section 2.01. The Association agrees to lend to the Borrower, on the terms and conditions set forth or referred to in the Development Credit Agreement, an amount in various currencies equivalent to thirty-six eight million nine two hundred thousand Special Drawing Rights (SDR 36,900,0008,200,000). Section 2.02. (a) The amount of the Credit may be withdrawn from the Credit Account in accordance with the provisions of Schedule 1 to this Agreement for expenditures made (or, if the Association shall so agree, to be made) in respect of the reasonable reason- able cost of goods and services required for the Project described in-Schedule 2 to this Agreement and to be financed out of the proceeds of the Credit.

Appears in 1 contract

Sources: Development Credit Agreement

The Credit. Section 2.01. The Association agrees to lend to the Borrower, on the terms and conditions set forth or referred to in the Development Credit Agreement, an amount in various currencies equivalent to thirtyone hundred forty-six five million nine seven hundred thousand Special Drawing Rights (SDR 36,900,000145,700,000). Section 2.02. (a) The amount of the Credit may be withdrawn from the Credit Account in accordance with the provisions of Schedule 1 to this Agreement for expenditures made (or, if the Association shall so agree, to be made) in respect of the reasonable cost of goods and services required for the Project and to be financed out of the proceeds of the Credit.

Appears in 1 contract

Sources: Development Credit Agreement

The Credit. Section 2.01. The Association agrees to lend to the Borrower, on the terms and conditions set forth or referred to in the Development Credit Agreement, an amount in various currencies equivalent to thirtyfFifty-six million nine hundred thousand fFive mMillion eEight hHundred tThousand Special Drawing Rights (SDR 36,900,00055,800,000). Section 2.02. (a) The amount of the Credit may be withdrawn from the Credit Account in accordance with the provisions of Schedule 1 to this Agreement for expenditures made (or, if the Association shall so agree, to be made) in respect of the reasonable cost of goods goods, works and services required for the Project and to be financed out of the proceeds of the Credit.

Appears in 1 contract

Sources: Development Credit Agreement

The Credit. Section 2.01. The Association agrees to lend to the Borrower, on the terms and conditions set forth or referred to in the Development Credit Agreement, an amount in various currencies equivalent to thirty-six thirteen million nine eight hundred thousand Special Drawing Rights (SDR 36,900,00013,800,000). Section 2.02. (a) The amount of the Credit may be withdrawn from the Credit Account in accordance with the provisions of Schedule 1 to this Agreement for for: (i) expenditures made (or, if the Association shall so agree, to be made) in respect of the reasonable cost of goods works, goods, and services required for the Project and to be financed out of the proceeds of the Credit.

Appears in 1 contract

Sources: Development Credit Agreement

The Credit. Section 2.01. The Association agrees to lend to the Borrower, on the terms and conditions set forth or referred to in the Development Credit Agreement, an amount in various currencies equivalent to thirtyone hundred forty-three million six million nine hundred thousand Special Drawing Rights (SDR 36,900,000143,600,000). Section 2.02. (a) The amount of the Credit may be withdrawn from the Credit Account in accordance with the provisions of Schedule 1 to this Agreement for expenditures made (or, if the Association shall so agree, to be made) in respect of the reasonable cost of goods and services required for the Project and to be financed out of the proceeds of the Credit.

Appears in 1 contract

Sources: Development Credit Agreement

The Credit. Section 2.01. The Association agrees to lend to the Borrower, on the terms and conditions set forth or referred to in the Development Credit Agreement, an amount in various currencies equivalent to thirty-eighteen million six million nine hundred thousand Special Drawing Rights (SDR 36,900,00018,600,000). Section 2.02. (a) The amount of the Credit may be withdrawn from the Credit Account in accordance with the provisions of Schedule 1 to this Agreement for (i) expenditures made (or, or if the Association shall so agree, to be made) in respect of the reasonable cost of goods and services required for Parts A and B (1) of the Project and to be financed out of the proceeds of the Credit.; and

Appears in 1 contract

Sources: Development Credit Agreement

The Credit. Section 2.01. The Association agrees to lend to the Borrower, on the terms and conditions set forth or referred to in the Development Credit Agreement, an amount in various currencies equivalent to thirty-six thirteen million nine eight hundred thousand Special Drawing Rights (SDR 36,900,00013,800,000). Section 2.02. (a) The amount of the Credit may be withdrawn from the Credit Account in accordance with the provisions of Schedule 1 to this Agreement for for: (i) expenditures made (or, if the Association shall so agree, to be made) in respect of the reasonable cost of goods and services required for the Project and to be financed out of the proceeds of the Credit; and (ii) amounts paid (or if the Association shall so agree amounts to be paid) on account of Grants under Grant Agreements under Parts A and B of the Project.

Appears in 1 contract

Sources: Development Credit Agreement

The Credit. Section 2.01. The Association agrees to lend to the Borrower, on the terms and conditions set forth or referred to in the Development Credit Agreement, an amount in various currencies equivalent to thirtyone hundred twenty-six seven million nine and four hundred thousand Special Drawing Rights (SDR 36,900,000127,400,000). Section 2.02. (a) The amount of the Credit may be withdrawn from the Credit Account in accordance with the provisions of Schedule 1 to this Agreement for expenditures made (or, if the Association shall so agree, to be made) in respect of the reasonable cost of goods and services required for the Project and to be financed out of the proceeds of the Credit.

Appears in 1 contract

Sources: Development Credit Agreement

The Credit. Section 2.01. The Association agrees to lend to the Borrower, on the terms and conditions set forth or referred to in the Development Credit Agreement, an amount in various currencies equivalent to thirtytwenty-six nine million nine three hundred thousand Special Drawing Rights (SDR 36,900,00029,300,000). Section 2.02. (a) The amount of the Credit may be withdrawn from the Credit Account in accordance with the provisions of Schedule 1 to this Agreement for expenditures made (or, if the Association shall so agree, to be made) in respect of the reasonable cost cost: (i) of goods goods, works and services required for the Project described in Schedule 2 to this Agreement and to be financed out of the proceeds of the Credit; and (ii) of Imports.

Appears in 1 contract

Sources: Development Credit Agreement

The Credit. Section 2.01. The Association agrees to lend to the Borrower, on the terms and conditions set forth or referred to in the this Development Credit Agreement, an amount in various currencies equivalent to thirtyone hundred and forty-six four million nine two hundred thousand Special Drawing Rights (SDR 36,900,000144,200,000). Section 2.02. (a) The amount of the Credit may be withdrawn from the Credit Account in accordance with the provisions of Schedule 1 to this Agreement for expenditures made (or, if the Association shall so agree, to be made) in respect of the reasonable cost of goods and services required for the Project and to be financed out of the proceeds of the Credit.

Appears in 1 contract

Sources: Development Credit Agreement