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Treaty Series Recuei dens Traitds - United Nations Treaty Collection

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322 <strong>United</strong> <strong>Nations</strong> - <strong>Treaty</strong> <strong>Series</strong> 1967<br />

INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT<br />

LOAN REGULATIONS No. 4, DATED 15 FEBRUARY 1961<br />

REGULATIONS APPLICABLE TO LOANS MADE BY THE BANK TO BORROWERS OTHER<br />

THAN MEMBER GOVERNMENTS<br />

[Not published herein. See <strong>United</strong> <strong>Nations</strong>, <strong>Treaty</strong> <strong>Series</strong>, Vol. 400, p. 212.]<br />

LOAN AGREEMENT<br />

(TELECOMMUNICATIONS PROJECT)<br />

AGREEMENT, dated January 23, 1967, between INTERNATIONAL BANK FOR<br />

RECONSTRUCTION AND DEVELOPMENT (hereinafter called the Bank) and JAMAICA<br />

TELEPHONE COMPANY LIMITED, a company duly incorporated under the laws<br />

of Jamaica (hereinafter called the Borrower).<br />

Article I<br />

LOAN REGULATIONS; SPECIAL DEFINITIONS<br />

Section 1.01. The parties to this Loan Agreement accept all the provisions<br />

of Loan Regulations No. 4 of the Bank dated February 15, 1961, 1 subject, however,<br />

to the modifications thereof set forth in Schedule 3 to this Agreement (said Loan<br />

Regulations No. 4 as so modified being hereinafter called the Loan Regulations),<br />

with the same force and effect as if they were fully set forth herein.<br />

Section 1.02. Unless the context otherwise requires, the following terms shall<br />

have the following meanings wherever used in this Loan Agreement or any Schedule<br />

thereto :<br />

a) The term " Trust Deed" means the Trust Deed dated January 29, 1962,<br />

entered into between the Borrower and Barclays Bank D.C.O., as Trustees,<br />

as amended pursuant to Section 5.16 of this Loan Agreement and includes any<br />

trust deed supplemental thereto which has been or shall be executed and delivered<br />

in accordance with the provisions of the Trust Deed.<br />

b) The term " Debenture Stock " means Debenture Stock issued pursuant to the<br />

provisions of the Trust Deed and this Loan Agreement.<br />

c) The term " subsidiary " means any corporation, firm or association directly<br />

or indirectly controlled by the Borrower.<br />

d) The term " Licences " means the All Island Telephone Licence, 1966, the<br />

I See above.<br />

No. 8608

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