{"component": "definition", "props": {"groups": [{"samples": [{"hash": "3IJSwBPZYwY", "uri": "/contracts/3IJSwBPZYwY#fixed-spread", "label": "Loan Agreement", "score": 26.3867206573, "published": true}, {"hash": "kJiE7lWqTfT", "uri": "/contracts/kJiE7lWqTfT#fixed-spread", "label": "Loan Agreement", "score": 26.3442840576, "published": true}, {"hash": "igVL9TeyEiy", "uri": "/contracts/igVL9TeyEiy#fixed-spread", "label": "Loan Agreement", "score": 24.4702262878, "published": true}], "snippet": "means the Bank\u2019s fixed spread in effect at 12:01 a.m. Washington, D.C. time, one calendar day prior to the date of the Loan Agreement, for the Currency of denomination of such amount.\u201d", "snippet_links": [{"key": "the-bank", "type": "definition", "offset": [6, 14]}, {"key": "in-effect", "type": "clause", "offset": [30, 39]}, {"key": "calendar-day", "type": "clause", "offset": [81, 93]}, {"key": "prior-to-the", "type": "clause", "offset": [94, 106]}, {"key": "date-of", "type": "clause", "offset": [107, 114]}, {"key": "the-loan-agreement", "type": "clause", "offset": [115, 133]}, {"key": "currency-of-denomination", "type": "clause", "offset": [143, 167]}], "size": 46, "hash": "f44698987753b9d04eb40294aa1fd7b2", "id": 1}, {"samples": [{"hash": "kJiE7lWqTfT", "uri": "/contracts/kJiE7lWqTfT#fixed-spread", "label": "Loan Agreement", "score": 26.3442840576, "published": true}, {"hash": "igVL9TeyEiy", "uri": "/contracts/igVL9TeyEiy#fixed-spread", "label": "Loan Agreement", "score": 24.4702262878, "published": true}, {"hash": "lXPQvOsa3tH", "uri": "/contracts/lXPQvOsa3tH#fixed-spread", "label": "Loan Agreement", "score": 24.4264202118, "published": true}], "snippet": "means the Bank\u2019s fixed spread for the initial Loan Currency in effect at 12:0 1 a.m. Washington, D.C. time, one calendar day prior to the date of the Loan Agreement; provided, that upon a Currency Conversion of all or any amount of the Unwithdrawn Loan Balance, such fixed spread shall be adjusted on the Execution Date in the manner specified in the Conversion Guidelines; and provided further that notwithstanding the foregoing, for purposes of determining the Default Interest Rate applicable to an amount of the Withdrawn Loan Balance on which interest is payable at a Fixed Rate, the \u201cFixed Spread\u201d means the Bank\u2019s fixed spread in effect at 12:01 a.m. Washington, D.C. time, one calendar day prior to the date of the Loan Agreement, for the Currency of denomination of such amount.\u201d", "snippet_links": [{"key": "the-bank", "type": "definition", "offset": [6, 14]}, {"key": "loan-currency", "type": "definition", "offset": [46, 59]}, {"key": "in-effect", "type": "clause", "offset": [60, 69]}, {"key": "calendar-day", "type": "clause", "offset": [112, 124]}, {"key": "prior-to-the", "type": "clause", "offset": [125, 137]}, {"key": "date-of", "type": "clause", "offset": [138, 145]}, {"key": "the-loan-agreement", "type": "clause", "offset": [146, 164]}, {"key": "conversion-of", "type": "clause", "offset": [197, 210]}, {"key": "unwithdrawn-loan-balance", "type": "definition", "offset": [236, 260]}, {"key": "execution-date", "type": "definition", "offset": [305, 319]}, {"key": "conversion-guidelines", "type": "definition", "offset": [351, 372]}, {"key": "notwithstanding-the-foregoing", "type": "clause", "offset": [400, 429]}, {"key": "for-purposes-of", "type": "clause", "offset": [431, 446]}, {"key": "applicable-to", "type": "definition", "offset": [485, 498]}, {"key": "payable-at", "type": "definition", "offset": [560, 570]}, {"key": "fixed-rate", "type": "definition", "offset": [573, 583]}, {"key": "currency-of-denomination", "type": "clause", "offset": [747, 771]}], "size": 46, "hash": "e2fe6df34671e90a9847f412f435cfc2", "id": 2}, {"samples": [{"hash": "dQYAmivHAe6", "uri": "/contracts/dQYAmivHAe6#fixed-spread", "label": "Loan Agreement", "score": 35.8094215393, "published": true}, {"hash": "iV3cQAQsxpU", "uri": "/contracts/iV3cQAQsxpU#fixed-spread", "label": "Loan Agreement", "score": 32.6037025452, "published": true}, {"hash": "fzG7QyO5cFy", "uri": "/contracts/fzG7QyO5cFy#fixed-spread", "label": "Loan Agreement", "score": 32.4613571167, "published": true}], "snippet": "is modified to read as follows:", "snippet_links": [{"key": "modified-to-read", "type": "clause", "offset": [3, 19]}], "size": 31, "hash": "e195bc9e30ca5374c26e2df01e914fca", "id": 3}, {"samples": [{"hash": "kJiE7lWqTfT", "uri": "/contracts/kJiE7lWqTfT#fixed-spread", "label": "Loan Agreement", "score": 26.3442840576, "published": true}, {"hash": "igVL9TeyEiy", "uri": "/contracts/igVL9TeyEiy#fixed-spread", "label": "Loan Agreement", "score": 24.4702262878, "published": true}, {"hash": "lXPQvOsa3tH", "uri": "/contracts/lXPQvOsa3tH#fixed-spread", "label": "Loan Agreement", "score": 24.4264202118, "published": true}], "snippet": "(as re-numbered) is amended to read as follows:", "snippet_links": [{"key": "is-amended-to-read", "type": "clause", "offset": [17, 35]}], "size": 15, "hash": "04e2cd088e7a41691bbafac9f2bba8f5", "id": 4}, {"samples": [{"hash": "l4RM1EEFg8I", "uri": "/contracts/l4RM1EEFg8I#fixed-spread", "label": "Loan Agreement", "score": 26.5263519287, "published": true}, {"hash": "htL010ARaNe", "uri": "/contracts/htL010ARaNe#fixed-spread", "label": "Loan Agreement", "score": 26.5236148834, "published": true}, {"hash": "gjKAWHuRmdh", "uri": "/contracts/gjKAWHuRmdh#fixed-spread", "label": "Loan Agreement", "score": 26.5236148834, "published": true}], "snippet": "means the Bank\u2019s fixed spread of 0.50% in respect of the initial Loan Currency, provided, that upon a Currency Conversion of all or any portion of the unwithdrawn principal amount of the Loan, such fixed spread shall be adjusted on the Execution Date in the manner specified in the Conversion Guidelines.\u201d\nSection 1.02. Unless the context otherwise requires, the several terms defined in the General Conditions and in the Preamble to this Agreement have the respective meanings therein set forth and the following additional terms have the following meanings:", "snippet_links": [{"key": "the-bank", "type": "definition", "offset": [6, 14]}, {"key": "in-respect-of", "type": "definition", "offset": [39, 52]}, {"key": "loan-currency", "type": "definition", "offset": [65, 78]}, {"key": "conversion-of", "type": "clause", "offset": [111, 124]}, {"key": "principal-amount-of-the-loan", "type": "definition", "offset": [163, 191]}, {"key": "execution-date", "type": "definition", "offset": [236, 250]}, {"key": "conversion-guidelines", "type": "definition", "offset": [282, 303]}, {"key": "the-context", "type": "clause", "offset": [327, 338]}, {"key": "the-general-conditions", "type": "definition", "offset": [388, 410]}, {"key": "the-preamble", "type": "clause", "offset": [418, 430]}, {"key": "to-this-agreement", "type": "clause", "offset": [431, 448]}, {"key": "additional-terms", "type": "definition", "offset": [514, 530]}], "size": 15, "hash": "033dc91916b67b02f80014e70e189c85", "id": 5}, {"samples": [{"hash": "4W9xNbFHzWO", "uri": "/contracts/4W9xNbFHzWO#fixed-spread", "label": "Client Agreement", "score": 33.1308403015, "published": true}, {"hash": "9B04lAEFYUe", "uri": "/contracts/9B04lAEFYUe#fixed-spread", "label": "Client Agreement", "score": 25.9664611816, "published": true}, {"hash": "3EZ0XrLQvRZ", "uri": "/contracts/3EZ0XrLQvRZ#fixed-spread", "label": "Client Agreement", "score": 25.8186168671, "published": true}], "snippet": "means a spread that remains unchanged at all times and is typical for Classic Accounts. Floating Loss is a non-fixed loss for pen positions at current quotations;", "snippet_links": [{"key": "at-all-times", "type": "definition", "offset": [38, 50]}, {"key": "floating-loss", "type": "definition", "offset": [88, 101]}, {"key": "a-non", "type": "clause", "offset": [105, 110]}], "size": 10, "hash": "1f5cdfeb31ef57518fadc03374c99f7d", "id": 6}, {"samples": [{"hash": "iV3cQAQsxpU", "uri": "/contracts/iV3cQAQsxpU#fixed-spread", "label": "Loan Agreement", "score": 32.6037025452, "published": true}, {"hash": "bn6jfbaWa7y", "uri": "/contracts/bn6jfbaWa7y#fixed-spread", "label": "Loan Agreement", "score": 27.5106086731, "published": true}, {"hash": "6g2o6Pj25R0", "uri": "/contracts/6g2o6Pj25R0#fixed-spread", "label": "Loan Agreement", "score": 26.4811763763, "published": true}], "snippet": "means, for each Withdrawal, the Bank\u2019s fixed spread for the Loan Currency of the Withdrawal in effect at 12:01 a.m. Washington,", "snippet_links": [{"key": "the-bank", "type": "definition", "offset": [28, 36]}, {"key": "currency-of", "type": "definition", "offset": [65, 76]}, {"key": "in-effect", "type": "clause", "offset": [92, 101]}], "size": 9, "hash": "5a6b4ace86f8318927a6b51dd889177f", "id": 7}, {"samples": [{"hash": "iV3cQAQsxpU", "uri": "/contracts/iV3cQAQsxpU#fixed-spread", "label": "Loan Agreement", "score": 32.6037025452, "published": true}, {"hash": "5uJHvtcun6I", "uri": "/contracts/5uJHvtcun6I#fixed-spread", "label": "Loan Agreement", "score": 26.4579048157, "published": true}, {"hash": "zVfUdLR1xP", "uri": "/contracts/zVfUdLR1xP#fixed-spread", "label": "Loan Agreement", "score": 26.3867206573, "published": true}], "snippet": "means the Bank\u2019s fixed spread in effect at 12:01 a.m. Washington, D.C. time, one calendar day prior to the date of the Loan Agreement, for the Currency of denomination of such amount; (b) for purposes of fixing the Variable Spread pursuant to Section 4.02, \u201cFixed Spread\u201d means the Bank\u2019s fixed spread for the Loan Currency in effect at 12:01 a.m. Washington, D.C. time on the Conversion Date; and (c) upon a Currency Conversion of all or any amount of the Unwithdrawn Loan Balance pursuant to Section 4.04 (a), the Fixed Spread shall be adjusted on the Execution Date in the manner specified in the Conversion Guidelines.", "snippet_links": [{"key": "the-bank", "type": "definition", "offset": [6, 14]}, {"key": "in-effect", "type": "clause", "offset": [30, 39]}, {"key": "calendar-day", "type": "clause", "offset": [81, 93]}, {"key": "prior-to-the", "type": "clause", "offset": [94, 106]}, {"key": "date-of", "type": "clause", "offset": [107, 114]}, {"key": "the-loan-agreement", "type": "clause", "offset": [115, 133]}, {"key": "currency-of-denomination", "type": "clause", "offset": [143, 167]}, {"key": "for-purposes-of", "type": "clause", "offset": [188, 203]}, {"key": "variable-spread", "type": "definition", "offset": [215, 230]}, {"key": "pursuant-to-section", "type": "definition", "offset": [231, 250]}, {"key": "loan-currency", "type": "definition", "offset": [310, 323]}, {"key": "conversion-date", "type": "definition", "offset": [377, 392]}, {"key": "conversion-of", "type": "clause", "offset": [418, 431]}, {"key": "unwithdrawn-loan-balance", "type": "definition", "offset": [457, 481]}, {"key": "the-fixed", "type": "clause", "offset": [512, 521]}, {"key": "execution-date", "type": "definition", "offset": [554, 568]}, {"key": "conversion-guidelines", "type": "definition", "offset": [600, 621]}], "size": 9, "hash": "2c96a1cf54211d0017fb5555f0472c00", "id": 8}, {"samples": [{"hash": "2InQAb2nfOB", "uri": "https://www.aiib.org/en/policies-strategies/_download/general-conditions/General-Conditions-for-Sovereign-backed-Loans_December_7_2020.pdf", "label": "www.aiib.org", "score": 8.4715948105, "published": false}, {"hash": "9dNrL6Lzgip", "uri": "https://www.aiib.org/en/policies-strategies/_download/operation-policy/4-AIIB-General-Conditions-to-SBF-loans-March-2020.pdf", "label": "www.aiib.org", "score": 8.1362085342, "published": false}, {"hash": "9fL43We2uhy", "uri": "https://www.aiib.org/en/policies-strategies/_download/operation-policy/3-AIIB-General-Conditions-to-SBF-loans-July-2019.pdf", "label": "www.aiib.org", "score": 7.7857632637, "published": false}], "snippet": "means the Bank\u2019s fixed lending spread for loans denominated in the Loan Currency made by the Bank with the same weighted average maturity as the Loan, in effect at 12:01 a.m. Beijing time, one calendar day prior to the date of the Loan Agreement and expressed as a percentage per annum.", "snippet_links": [{"key": "loan-currency", "type": "definition", "offset": [67, 80]}, {"key": "by-the-bank", "type": "clause", "offset": [86, 97]}, {"key": "weighted-average-maturity", "type": "clause", "offset": [112, 137]}, {"key": "in-effect", "type": "clause", "offset": [151, 160]}, {"key": "calendar-day", "type": "clause", "offset": [193, 205]}, {"key": "prior-to-the", "type": "clause", "offset": [206, 218]}, {"key": "date-of", "type": "clause", "offset": [219, 226]}, {"key": "the-loan-agreement", "type": "clause", "offset": [227, 245]}, {"key": "a-percentage", "type": "definition", "offset": [263, 275]}, {"key": "per-annum", "type": "definition", "offset": [276, 285]}], "size": 7, "hash": "c7d769525c5c8c67553a0197e17e7115", "id": 9}, {"samples": [{"hash": "g4XMIWoLnlT", "uri": "/contracts/g4XMIWoLnlT#fixed-spread", "label": "Loan Agreement", "score": 21.2146205902, "published": true}, {"hash": "cOnVbNpuLp7", "uri": "/contracts/cOnVbNpuLp7#fixed-spread", "label": "Loan Agreement", "score": 21.0, "published": true}, {"hash": "abEcInXs0y", "uri": "/contracts/abEcInXs0y#fixed-spread", "label": "Loan Agreement", "score": 21.0, "published": true}], "snippet": "means, for each Withdrawal, the Bank\u2019s fixed spread for the Loan Currency of the Withdrawal in effect at 12:01 a.m. Washington, D.C. time, on the Withdrawal Date; provided, that: (a) for purposes of determining the Default Interest Rate, pursuant to Section 3.02 (d), that is applicable to an amount of the Withdrawn Loan Balance on which interest is payable at a Fixed Rate, the \u201cFixed Spread\u201d means the Bank\u2019s fixed spread in effect at 12:01 a.m. Washington, D.C. time, one calendar day prior to the date of the Loan Agreement, for the Currency of denomination of such amount; (b) for purposes of fixing the Variable Spread pursuant to Section 4.02, \u201cFixed Spread\u201d means the Bank\u2019s fixed spread for the Loan Currency in effect at 12:01 a.m. Washington,", "snippet_links": [{"key": "the-bank", "type": "definition", "offset": [28, 36]}, {"key": "loan-currency", "type": "definition", "offset": [60, 73]}, {"key": "in-effect", "type": "clause", "offset": [92, 101]}, {"key": "withdrawal-date", "type": "definition", "offset": [146, 161]}, {"key": "for-purposes-of", "type": "clause", "offset": [183, 198]}, {"key": "default-interest-rate", "type": "clause", "offset": [215, 236]}, {"key": "pursuant-to-section", "type": "definition", "offset": [238, 257]}, {"key": "applicable-to", "type": "definition", "offset": [276, 289]}, {"key": "withdrawn-loan-balance", "type": "definition", "offset": [307, 329]}, {"key": "payable-at", "type": "definition", "offset": [351, 361]}, {"key": "fixed-rate", "type": "definition", "offset": [364, 374]}, {"key": "calendar-day", "type": "clause", "offset": [476, 488]}, {"key": "prior-to-the", "type": "clause", "offset": [489, 501]}, {"key": "date-of", "type": "clause", "offset": [502, 509]}, {"key": "the-loan-agreement", "type": "clause", "offset": [510, 528]}, {"key": "currency-of-denomination", "type": "clause", "offset": [538, 562]}, {"key": "variable-spread", "type": "definition", "offset": [610, 625]}], "size": 6, "hash": "7ef73a9475af7264067125d2f5161ebf", "id": 10}], "next_curs": "ClkSU2oVc35sYXdpbnNpZGVyY29udHJhY3RzcjULEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIVZml4ZWQtc3ByZWFkIzAwMDAwMDBhDKIBAmVuGAAgAA==", "definition": {"title": "Fixed Spread", "snippet": "means the Bank\u2019s fixed spread in effect at 12:01 a.m. Washington, D.C. time, one calendar day prior to the date of the Loan Agreement, for the Currency of denomination of such amount.\u201d", "size": 138, "id": "fixed-spread", "examples": ["The interest payable by the Borrower for each Interest Period shall be at a rate equal to LIBOR for the Loan Currency plus the <strong>Fixed Spread</strong>; provided, that upon a Conversion of all or any portion of the principal amount of the Loan, the interest payable by the Borrower during the Conversion Period on such amount shall be determined in accordance with the relevant provisions of Article IV of the General Conditions.", "The amount of the Rebate shall be determined by multiplying (i) the difference between the <strong>Fixed Spread</strong> applicable to the outstanding Loan and the <strong>Fixed Spread</strong> that will be applied to new Loans (expressed as a percentage per annum), by (ii) the principal amount of the outstanding Loan on which the Borrower shall pay interest for all interest periods commencing on and after the effective date of the lower <strong>Fixed Spread</strong> that will be applied to new Loans.", "The amount of the Surcharge shall be determined by multiplying (i) the difference between the <strong>Fixed Spread</strong> that will be applied to new Loans and the <strong>Fixed Spread</strong> applicable to the outstanding Loan (expressed as a percentage per annum), by (ii) the principal amount of the outstanding Loan on which the Borrower shall pay interest for all interest periods commencing on and after the effective date of the higher <strong>Fixed Spread</strong> that will be applied to new Loans.", "The interest rate is the Reference Rate plus the <strong>Fixed Spread</strong> or such rate as may apply following a Conversion; subject to Section 3.02(e) of the General Conditions.", "Following any announcement by ADB that the <strong>Fixed Spread</strong> applicable to new Loans shall be reduced, ADB shall provide a Rebate to any Borrower with an outstanding Loan on which a higher <strong>Fixed Spread</strong> is applicable.", "The interest payable by the Borrower for each Interest Period shall be at a rate equal to the Reference Rate for the Loan Currency plus the <strong>Fixed Spread</strong>; provided, that upon a Conversion of all or any portion of the principal amount of the Loan, the interest payable by the Borrower during the Conversion Period on such amount shall be determined in accordance with the relevant provisions of Article IV of the General Conditions.", "The interest payable by the Borrower for each Interest Period shall be at a rate equal to LIBOR for the Loan Currency plus the <strong>Fixed Spread</strong>, provided, that upon a Conversion of all or any portion of the principal amount of the Loan, the interest payable by the Borrower during the Conversion Period on such amount shall be determined in accordance with the relevant provisions of Article IV of the General Conditions.", "The \u201cGeneral Conditions Applicable to Loan and Guarantee Agreements for <strong>Fixed Spread</strong> Loans\u201d of the Bank dated September 1, 1999 (the General Conditions) constitute an integral part of this Agreement.", "Following any announcement by ADB that the <strong>Fixed Spread</strong> applicable to new Loans shall be increased, any Borrower with an outstanding Loan on which a lower <strong>Fixed Spread</strong> is applicable shall pay ADB a Surcharge.", "The interest payable by the Borrower for each Interest Period shall be at a rate equal to LIBOR for the Loan Currency plus the <strong>Fixed Spread</strong>."], "related": [["libor-total-spread", "LIBOR Total Spread", "LIBOR Total Spread"], ["weighted-average-floating-spread", "Weighted Average Floating Spread", "Weighted Average Floating Spread"], ["weighted-average-spread", "Weighted Average Spread", "Weighted Average Spread"], ["excess-spread", "Excess Spread", "Excess Spread"], ["relative-spread", "Relative Spread", "Relative Spread"]], "related_snippets": [], "updated": "2025-07-24T04:27:51+00:00"}, "json": true, "cursor": ""}}