Loa n Account. The BanJc shall open a Loan Account in its books in the name of the Borrower. The amount of the Loan shall be credited to the Loan Account and may be withdrawn therefrom as provided, and subject to the rights of cancellation and suspension set out, in the Loan Agreement and in these General Provisions.
Loa n Account. The Bank herebf agrees to open a Loan !ccount in its books 5 in the nane of the Borrowef and shall credit to such account the amou t of the Loan. The amount of.J,he Loan may Qe withdrawn
Section 1. oJ Purpose J?he· purpose fa,: which the Loan is granted ic; assist the Borrower in fin?I1Cing local cci3ts comporents of one or more projects listed in Part 1 of Schedule 1 ta this Loan Agreenent as suc Schedule may be amended from ti.Ioo to xxx:3 by �elll:3nt between the Bank nn: the ·Borrowei.- 'to include other projects approved by the Bank which are bein3 financed by any of the external donors listed in Part II of the said Schedule _
Loa n Account. The Bank shall open a Loan Account on its books in the nome of the Borrower and shall credit to such account the amount of the loan. The amount of the loan may be withdrawn from the Xxxx J1,ccount as provided in, and subject to, the rights of cancellntion and suspension set forth in this Loan Agreement.
