Treaty Series Recuei dens Traitds - United Nations Treaty Collection
Treaty Series Recuei dens Traitds - United Nations Treaty Collection Treaty Series Recuei dens Traitds - United Nations Treaty Collection
350 United Nations - Treaty Series 1967 Article II THE LOAN Section 2.01. The Bank agrees to lend to the Borrower, on the terms and conditions in this Loan Agreement set forth or referred to, an amount in various currencies equivalent to six million dollars ($6,000,000). Section 2.02. The Bank shall open a Loan Account on its books in the name of the Borrower and shall credit to such Account the amount of the Loan. The amount of the Loan may be withdrawn from the Loan Account as provided in, and subject to the rights of cancellation and suspension set forth in, this Loan Agreement. Section 2.03. The Borrower shall pay to the Bank a commitment charge at the rate of three-eighths of one per cent (3s of 1 %) per annum on the principal amount of the Loan not so withdrawn from time to time. Section 2.04. The Borrower shall pay interest at the rate of six per cent (6%) per annum on the principal amount of the Loan so withdrawn and outstanding from time to time. Section 2.05. Except as the Borrower and the Bank shall otherwise agree, the charge payable for special commitments entered into by the Bank at the request of the Borrower pursuant to Section 4.02 of the Loan Regulations shall be at the rate of one-half of one per cent (2 of 1 %) per annum on the principal amount of any such special commitments outstanding from time to time. Section 2.06. Interest and other charges shall be payable semi-annually on May I and November I in each year. Section 2.07. The Borrower shall repay the principal of the Loan in accordance with the amortization schedule set forth in Schedule I to this Agreement. Article III USE OF PROCEEDS OF THE LOAN Section 3.01. The Borrower shall cause the proceeds of the Loan to be applied exclusively to financing the cost of goods required to carry out the Project described in Schedule 2 to this Agreement. The specific goods to be financed out of the proceeds of the Loan and the methods and procedures for procurement of such goods shall be determined by agreement between the Borrower and the Bank, subject to modification by further agreement between them. Section 3.02. The Borrower shall cause all goods financed out of the proceeds of the Loan to be used exclusively in the carrying out of the Project. No. 8609
1967 Nations Unies - Recueil des Traitis 351 Article II L'EMPRUNT Paragraphe 2.01. La Banque consent h l'Emprunteur, aux clauses et conditions stipuldes ou visdes dans le present Contrat, un pr~t en diverses monnaies dquivalant I six millions (6000000) de dollars. Paragraphe 2.02. La Banque ouvrira dans ses livres un compte au nom de l'Emprunteur, qu'elle crditera du montant de l'Emprunt. Le montant de l'Emprunt pourra 6tre pr6lev6 sur ce compte, comme il est pr6vu dans le present Contrat, et sous r~serve des pouvoirs d'annulation et de retrait qui y sont 6nonc~s. Paragraphe 2.03. L'Emprunteur paiera k la Banque une commission d'engagement au taux annuel de trois huiti~mes pour cent (3/8 p. 100) sur la partie du principal de l'Emprunt qui n'aura pas encore 6t6 pr6lev~e. Paragraphe 2.04. L'Emprunteur paiera des int~r~ts au taux annuel de six pour cent (6 p. 100) sur la partie du principal de l'Emprunt qui aura 6t6 pr~lev6e et n'aura pas Wt6 rembours6e. Paragraphe 2.05. Sauf convention contraire entre l'Emprunteur et la Banque, la Commission due au titre des engagements sp~ciaux pris par la Banque h la demande de l'Emprunteur en application du paragraphe 4.02 du R~glement sur les emprunts sera pay6e au taux annuel d'un demi pour cent (/2 p. 100) sur le montant en principal de tout engagement special non liquid6. Paragraphe 2.06. Les int6r~ts et autres charges seront payables semestriellement, le jer mai et le jer novembre de chaque anne. Paragraphe 2.07. L'Emprunteur remboursera le principal de l'Emprunt conform~ment au tableau d'amortissement qui figure h l'annexe 1 du present Contrat. Article III UTILISATION DES FONDS PROVENANT DE L'EMPRUNT Paragraphe 3.01. L'Emprunteur veillera . ce que les fonds provenant de l'Emprunt soient affect~s exclusivement au paiement du cofit des marchandises n~cessaires h 1'exdcution du Projet d~crit h l'annexe 2 du prdsent Contrat. L'Emprunteur et la Banque arr~teront d'un commun accord et pourront de mdme modifier ult~rieurement la liste des marchandises qui devront 6tre achetdes h l'aide des fonds provenant de l'Emprunt, ainsi que les m6thodes et les modalit6s de leur achat. Paragraphe 3.02. L'Emprunteur veillera h ce que toutes les marchandises achet~es . l'aide des fonds provenant de l'Emprunt soient employees exclusivement pour l'ex6cution du Projet. N ° 8609
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- Page 381 and 382: ANNEX A Ratifications, accessions,
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350 <strong>United</strong> <strong>Nations</strong> - <strong>Treaty</strong> <strong>Series</strong> 1967<br />
Article II<br />
THE LOAN<br />
Section 2.01. The Bank agrees to lend to the Borrower, on the terms<br />
and conditions in this Loan Agreement set forth or referred to, an amount<br />
in various currencies equivalent to six million dollars ($6,000,000).<br />
Section 2.02. The Bank shall open a Loan Account on its books in the<br />
name of the Borrower and shall credit to such Account the amount of the<br />
Loan. The amount of the Loan may be withdrawn from the Loan Account<br />
as provided in, and subject to the rights of cancellation and suspension set<br />
forth in, this Loan Agreement.<br />
Section 2.03. The Borrower shall pay to the Bank a commitment charge<br />
at the rate of three-eighths of one per cent (3s of 1 %) per annum on the principal<br />
amount of the Loan not so withdrawn from time to time.<br />
Section 2.04. The Borrower shall pay interest at the rate of six per<br />
cent (6%) per annum on the principal amount of the Loan so withdrawn<br />
and outstanding from time to time.<br />
Section 2.05. Except as the Borrower and the Bank shall otherwise<br />
agree, the charge payable for special commitments entered into by the Bank<br />
at the request of the Borrower pursuant to Section 4.02 of the Loan Regulations<br />
shall be at the rate of one-half of one per cent (2 of 1 %) per annum<br />
on the principal amount of any such special commitments outstanding from<br />
time to time.<br />
Section 2.06. Interest and other charges shall be payable semi-annually<br />
on May I and November I in each year.<br />
Section 2.07. The Borrower shall repay the principal of the Loan in<br />
accordance with the amortization schedule set forth in Schedule I to this<br />
Agreement.<br />
Article III<br />
USE OF PROCEEDS OF THE LOAN<br />
Section 3.01. The Borrower shall cause the proceeds of the Loan to<br />
be applied exclusively to financing the cost of goods required to carry out<br />
the Project described in Schedule 2 to this Agreement. The specific goods<br />
to be financed out of the proceeds of the Loan and the methods and procedures<br />
for procurement of such goods shall be determined by agreement between<br />
the Borrower and the Bank, subject to modification by further agreement<br />
between them.<br />
Section 3.02. The Borrower shall cause all goods financed out of the<br />
proceeds of the Loan to be used exclusively in the carrying out of the Project.<br />
No. 8609
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