Effective Date. This Loan Agreement shall become effective on the date on which the Lender has received all of the following conditions precedent in form and substance satisfactory to the Lender: 3.1.1 four (4) originals of this Loan Agreement, duly signed by the authorized representatives of all parties to this Loan Agreement;
Effective Date. This Contract shall enter into force (“Effective Date”) upon confirmation by the Bank to the Borrower that it has received a copy of the Official Gazette of the Republic of Serbia publishing the law on ratification of this Contract by the Parliament of the Republic of Serbia. The Effective Date shall not occur later than 12 (twelve) months after the signing of this Contract.
Effective Date. The amendments set out in this Agreement will take effect on and from the date on which the Agent notifies the Borrower that all the conditions precedent listed in Schedule 1 have been fulfilled to its satisfaction (acting on the instructions of all Lenders and MIGA) (the "Effective Date"). If the Effective Date does not occur within 60 days of the date of this Agreement (or such later date agreed by the Agent) the amendments will not take effect.
Effective Date. This Contract shall enter into force (“Effective Date”) upon confirmation by the Bank to the Borrower that it has received a copy of the Official Gazette of the Republic of Serbia publishing the law on ratification of this Contract by the Parliament of the Republic of Serbia. The Effective Date shall not occur later than 12 (twelve) months after the signing of this Contract. The Recitals and following Schedules form part of this Contract: Schedule A Project Specification and Reporting Schedule B Definition of EURIBOR Schedule C Forms for Borrower Schedule D Interest Rate Revision and Conversion Schedule E Certificate to be provided by the Borrower The parties hereto have caused this Contract to be executed in 6 (six) originals in the English language. At Belgrade, this 16 November 2020 At Luxembourg, this 10 November 2020 Signed for and on behalf of THE REPUBLIC OF SERBIA Signed for and on behalf of EUROPEAN INVESTMENT BANK _______________________ Name: Mr. Xxxxxx Xxxx Title: Minister of Finance ______________________ Name: Mr. Xxxxxx Xxxxx Xxxxxxx Title: Head of Division _______________________ Name: Mr. Xxxxxxxxxx Xxxxxxx Title: Legal Counsel The project will train 50.000 primary and general secondary school teachers to use digital content as integral part of their daily teaching activities. It also provides teachers basic digital skills to maintain their equipment as well as includes establishment of a mentoring scheme that will further support the teachers to strengthen their digital skills after receiving the initial training. Moreover, as a result of the project, the majority of the school estates across the country will have WLAN and appropriate connectivity in place. The operation supports the national digital education investment programme (Connected Schools) in Serbia. The project will finance the continuous professional development (training) of teachers in digital skills, the provision of new digital equipment, the upgrade of the academic data network and central locations, and the rollout of Wireless Local Area Network (WLAN). The project components included in this operation are summarised in table below: Table 1: Project components 1 Teacher training, mentoring and monitoring Training of trainers, upskilling of the teachers, headmasters and expert associates including a provision of mentoring, coaching and peer learning programme to effectively support the school-level implementation. Trainings of 250 trainers and 50.000 teachers