Common use of Modification of the Amortization Schedule Clause in Contracts

Modification of the Amortization Schedule. (a) The Borrower, with the prior consent of the Guarantor, if any, may request the modification of the Amortization Schedule at any time from the entry into effect of the Contract up until sixty (60) days prior to the due date for the first amortization installment of the Loan or the Loan Tranche, as the case may be, for which the modification is requested. The Borrower may also request the modification of the Amortization Schedule in the case of a Currency Conversion or an Interest Rate Conversion, as set forth in Articles 5.03 and 5.04 of these General Conditions. (b) For any modifications to the Amortization Schedule, the Borrower shall deliver to the Bank an Amortization Schedule Modification Request Letter, which shall: (i) state whether the proposed modification to the Amortization Schedule is applicable to all or part of the Loan; and (ii) indicate the new amortization schedule, including the first and last amortization dates, the frequency of payments, and the percentage that these payments represent of the total Loan or Loan Tranche thereof for which the modification is requested. (c) The Bank may accept the requested modifications to the Amortization Schedule, subject to the Bank’s operational and risk management considerations and the satisfaction of the following conditions: (i) the last amortization date and the cumulative WAL of all the Amortization Schedules exceed neither the Final Amortization Date nor the Original WAL; (ii) the Loan Tranche subject to a new Amortization Schedule shall not be less than the equivalent of three million Dollars (US$3,000,000); and (iii) the Loan Tranche subject to the modification of the Amortization Schedule has not been subject to a prior modification, unless the new Amortization Schedule modification is the result of a Currency Conversion. (d) The Bank will communicate to the Borrower its decision in an Amortization Schedule Modification Notification Letter. If the Bank accepts the Borrower’s request, the Amortization Schedule Modification Notification Letter will include: (i) the new Amortization Schedule for the Loan or Loan Tranche; (ii) the cumulative WAL of the Loan; and (iii) the effective date of the new Amortization Schedule. (e) The Loan may not have more than four Loan Tranches denominated in a Non- Borrowing Member Country Currency with different Amortization Schedules. The number of Loan Tranches in Local Currency may exceed this amount, subject to the Bank’s operational and risk management considerations. (f) To ensure that the cumulative WAL continues to be equal to or less than the Original WAL, in those cases in which an extension to the Original Disbursement Period is granted (i) resulting in an extension of such period beyond a date that is sixty (60) days prior to the due date for the first amortization installment of the Loan or the Loan Tranche, as the case may be, and

Modification of the Amortization Schedule. (a) The Borrower, with the prior consent of the Guarantor, if any, may request the modification of the Amortization Schedule at any time from the entry into effect of the Contract up until sixty (60) days prior to the due date for the first amortization installment of the Loan or the Loan Tranchetranche of the Loan, as the case may be, for which the modification is requested. The Borrower may also request the modification of the Amortization Schedule in the case of a Currency Conversion or an Interest Rate Conversion, as set forth in Articles 5.03 and 5.04 of these General Conditions. (b) For any modifications to the Amortization Schedule, the Borrower shall deliver to the Bank an Amortization Schedule Modification Request Letter, which shall: (i) state whether the proposed modification to the Amortization Schedule is applicable to all or part of the Loan; and (ii) indicate the new amortization schedule, including the first and last amortization dates, the frequency of payments, and the percentage that these payments represent of the total Loan or Loan Tranche the tranche thereof for which the modification is requested. (c) The Bank may accept the requested modifications to the Amortization Schedule, subject to the Bank’s operational and risk management considerations and the satisfaction of the following conditions: (i) the last amortization date and the cumulative WAL of all the Amortization Schedules exceed neither the Final Amortization Date nor the Original WAL; (ii) the tranche of the Loan Tranche subject to a new Amortization Schedule shall not be less than the equivalent of three million Dollars (US$3,000,000); and (iii) the tranche of the Loan Tranche subject to the modification of the Amortization Schedule has not been subject to a prior modification, unless the new Amortization Schedule modification is the result of a Currency Conversion. (d) The Bank will communicate to the Borrower its decision in an Amortization Schedule Modification Notification Letter. If the Bank accepts the Borrower’s request, the Amortization Schedule Modification Notification Letter will include: (i) the new Amortization Schedule for the Loan or Loan Tranchetranche thereof; (ii) the cumulative WAL of the Loan; and (iii) the effective date of the new Amortization Schedule. (e) The Loan may not have more than four Loan Tranches tranches denominated in a Non- Non-Borrowing Member Country Currency with different Amortization Schedules. The number of Loan Tranches tranches in Local Currency may exceed this amount, subject to the Bank’s operational and risk management considerations. (f) To ensure that the cumulative WAL continues to be equal to or less than the Original WAL, in those cases in which an extension to the Original Disbursement Period is granted (i) resulting in an extension of such period beyond a date that is sixty (60) days prior to the due date for the first amortization installment of the Loan or the Loan Tranchetranche of the Loan, as the case may be, andand (ii) when disbursements occur during such extension period, the Amortization Schedule shall be modified. Such modification will consist of moving forward the Final Amortization Date or, if the Loan has different tranches, moving forward the final amortization date of the tranche or tranches of the Loan from which funds are disbursed during the extension period of the Original Disbursement Period, unless the Borrower expressly requests, in lieu of the foregoing, an increase in the amount of the amortization installment following each disbursement of the Loan or the tranche of the Loan, as the case may be, that results in a longer WAL than the Original WAL. With respect to this second option, the Bank will determine the corresponding amount for such amortization installment.

Modification of the Amortization Schedule. (a) The Borrower, with the prior consent of the Guarantor, if any, may request the modification of the Amortization Schedule at any time from the entry into effect of the Contract up until sixty (60) days prior to the due date for the first amortization installment of the Loan or the Loan Tranchetranche, as the case may be, for which the modification is requested. The Borrower may also request the modification of the Amortization Schedule in the case of a Currency Conversion or an Interest Rate Conversion, as set forth in Articles 5.03 and 5.04 of these General Conditions. (b) For any modifications to the Amortization Schedule, the Borrower shall deliver to the Bank an Amortization Schedule Modification Request Letter, which shall: (i) state whether the proposed modification to the Amortization Schedule is applicable to all or part of the Loan; and (ii) indicate the new amortization payment schedule, including the first and last amortization dates, the frequency of payments, and the percentage that these payments represent of the total of the Loan or the Loan Tranche thereof tranche for which the modification is requested. (c) The Bank may accept Bank’s acceptance of the requested modifications to the Amortization Schedule, Schedule will be subject to the Bank’s operational and risk management considerations and the satisfaction of the following conditions: (i) the last amortization date and the cumulative WAL of all the Amortization Schedules do not exceed neither the Final Amortization Date nor or the Original WAL, as the case may be; (ii) the Loan Tranche tranche subject to a new Amortization Schedule shall is not be less than the equivalent of three million Dollars (US$3,000,000); and (iii) the Loan Tranche tranche subject to the modification of the Amortization Schedule has not been subject to a prior modification, unless the new Amortization Schedule modification is the result of a Currency Conversion. (d) The Bank will communicate to notify the Borrower of its decision in an Amortization Schedule Modification Notification Letter. If the Bank accepts the Borrower’s request, the Amortization Schedule Modification Notification Letter will include: (i) the new Amortization Schedule for the Loan or Loan Tranchetranche; (ii) the cumulative WAL of the Loan; and (iii) the effective date of the new Amortization Schedule. (e) The Loan may not have more than four (4) Loan Tranches tranches denominated in a Non- Borrowing Member Country Principal Currency with different Amortization Schedules. The number of Loan Tranches tranches in Local Currency may exceed this amount, subject to the Bank’s operational and risk management considerations. (f) To ensure that the cumulative WAL continues to be equal to or less than the Original WAL of the Loan at all times, whenever the WAL of the Loan exceeds the Original WAL, the Amortization Schedule shall be modified. Accordingly, the Bank shall notify the Borrower of any such event, and request that it establish a new amortization schedule, pursuant to the provisions of this Article. Unless the Borrower expressly requests otherwise, such modification will consist of moving forward the Final Amortization Date, with a corresponding adjustment to the amortization installments. (g) Notwithstanding paragraph (f) above, the Amortization Schedule shall be modified in those such cases in which an extension to the Original Disbursement Period is granted granted, which: (i) resulting results in an extension of such period beyond a date that is sixty (60) days prior to the due date for the first amortization installment of the Loan or the Loan Tranchetranche, as the case may be, andand (ii) when disbursements occur during such extension period. Such modification will consist of (i) moving forward the Final Amortization Date or, if the Loan has different tranches, moving forward the Final Amortization Date of the Loan tranche or tranches from which funds are disbursed during the extension period of the Original Disbursement Period, unless the Borrower expressly requests, in lieu of the foregoing, (ii) an increase in the amount of the amortization installment following each disbursement of the Loan or the Loan tranche, as the case may be, that results in a longer WAL than the Original WAL. With respect to this second option, the Bank will determine the corresponding amount for each amortization installment.

Modification of the Amortization Schedule. (a) The Borrower, with the prior consent of the Guarantor, if any, may request the modification of the Amortization Schedule at any time from the entry into effect of the Contract up until sixty (60) days prior to the due date for the first amortization installment expiration of the Loan or the Loan Tranche, as the case may be, for which the modification is requestedOriginal Disbursement Period. The Borrower may also request the modification of the Amortization Schedule in the case of a Currency Conversion or an Interest Rate Conversion, as set forth in Articles 5.03 and 5.04 of these General Conditions. (b) For any modifications to the Amortization Schedule, the Borrower shall deliver to the Bank an Amortization Schedule Modification Request Letter, which shall: (i) state whether the proposed modification to the Amortization Schedule is applicable to all or part of the Loan; and (ii) indicate the new amortization payment schedule, including the first and last amortization dates, the frequency of payments, and the percentage that these payments represent of the total of the Loan or the Loan Tranche thereof tranche for which the modification is requested. (c) The Bank may accept Bank’s acceptance of the requested modifications to the Amortization Schedule, Schedule will be subject to the Bank’s operational and risk management considerations and the satisfaction of the following conditions: (i) the last amortization date and the cumulative WAL of all the Amortization Schedules do not exceed neither the Final Amortization Date nor or the Original WAL, as the case may be; (ii) the Loan Tranche tranche subject to a new Amortization Schedule shall is not be less than the equivalent of three million Dollars (US$3,000,000); and (iii) the Loan Tranche tranche subject to the modification of the Amortization Schedule has not been subject to a prior modification, unless the new Amortization Schedule modification is the result of a Currency Conversion. (d) The Bank will communicate to notify the Borrower of its decision in an Amortization Schedule Modification Notification Letter. If the Bank accepts the Borrower’s request, the Amortization Schedule Modification Notification Letter will include: (i) the new Amortization Schedule for the Loan or Loan Tranchetranche; (ii) the cumulative WAL of the Loan; and (iii) the effective date of the new Amortization Schedule. (e) The Loan may not have more than four (4) Loan Tranches tranches denominated in a Non- Borrowing Member Country Principal Currency with different Amortization Schedules. The number of Loan Tranches tranches in Local Currency may exceed this amount, subject to the Bank’s operational and risk management considerations. (f) To ensure that the cumulative WAL continues to be equal to or less than the Original WAL of the Loan at all times, whenever the WAL of the Loan exceeds the Original WAL, the Amortization Schedule shall be modified. Accordingly, the Bank shall notify the Borrower of any such event, and request that it establish a new amortization schedule, pursuant to the provisions of this Article. Unless the Borrower expressly requests otherwise, such modification will consist of moving forward the Final Amortization Date, with a corresponding adjustment to the amortization installments. (g) Notwithstanding paragraph (f) above, the Amortization Schedule shall be modified in those such cases in which an extension to the Original Disbursement Period is granted granted, which: (i) resulting results in an extension of such period beyond a date that is sixty (60) days prior to the due date for the first amortization installment of the Loan or the Loan Tranchetranche, as the case may be, andand (ii) when disbursements occur during such extension period. Such modification will consist of (i) moving forward the Final Amortization Date or, if the Loan has different tranches, moving forward the Final Amortization Date of the Loan tranche or tranches from which funds are disbursed during the extension period of the Original Disbursement Period, unless the Borrower expressly requests, in lieu of the foregoing, (ii) an increase in the amount of the amortization installment following each disbursement of the Loan or the Loan tranche, as the case may be, that results in a longer WAL than the Original WAL. With respect to this second option, the Bank will determine the corresponding amount for each amortization installment.

Modification of the Amortization Schedule. (a) The Borrower, with the prior consent of the Guarantor, if any, may request the modification of the Amortization Schedule at any time from the entry into effect of the Contract and up until to sixty (60) days prior to the due date for the first amortization installment expiration of the Loan or the Loan Tranche, Original Disbursement Period as the case may be, for which the modification is requestedset forth in this Article. The Borrower may also request the modification of the Amortization Schedule in the case of a Principal Payment Option, a Currency Conversion Conversion, or an Interest Rate Conversion, as set forth respectively in Articles 5.03 3.06, 5.03, and 5.04 of these General Conditions. (b) For any modifications to the Amortization Schedule, except pursuant to the Principal Payment Option, a Currency Conversion, or an Interest Rate Conversion, the Borrower shall deliver to the Bank an Amortization Schedule Modification Request Letter, which shall: : (i) state whether the proposed modification to the Amortization Schedule is applicable to all or part of the Loan; and (ii) indicate the new amortization schedule, including the first and last amortization dates, the frequency of payments, and the percentage that these payments represent of the total Loan or Loan Tranche thereof for which the modification is requested. (c) The Bank may accept the any requested modifications to the Amortization Schedule, subject to the Bank’s operational and risk management considerations and the satisfaction of the following conditions: (i) the last amortization date and the cumulative WAL of all the Amortization Schedules exceed neither the Final Amortization Date nor the Original WAL; (ii) the Loan Tranche subject to a new Amortization Schedule shall not be less than the equivalent of three million Dollars (US$3,000,000); and (iii) the Loan Tranche subject to the modification of the Amortization Schedule has not been subject to a prior modification, unless the new Amortization Schedule modification is the result of the exercise of the Principal Payment Option, a Currency Conversion, or an Interest Rate Conversion. (d) The Bank will communicate to the Borrower its decision in an Amortization Schedule Modification Notification Letter. If the Bank accepts the Borrower’s request, the Amortization Schedule Modification Notification Letter will include: (i) the new Amortization Schedule for the Loan or Loan Tranche; (ii) the cumulative WAL of the Loan; and (iii) the effective date of the new Amortization Schedule. (e) The Loan may not have more than four Loan Tranches denominated in a Non- Non-Borrowing Member Country Currency with different Amortization Schedules. The number of Loan Tranches in Local Currency may exceed this amount, subject to the Bank’s operational and risk management considerations. (f) To ensure that the cumulative WAL continues to be equal to or less than the Original WAL, in those cases in which an extension to the Original Disbursement Period is granted (i) resulting in an extension of such period beyond a date that is sixty (60) days prior to the due date for the first amortization installment of the Loan or the Loan Tranche, as the case may be, ; and

Modification of the Amortization Schedule. (a) The Borrower, with the prior consent of the Guarantor, if any, may request the modification of the Amortization Schedule at any time from the entry into effect of the Contract and up until to sixty (60) days prior to the due date for the first amortization installment expiration of the Loan or the Loan Tranche, Original Disbursement Period as the case may be, for which the modification is requestedset forth in this Article. The Borrower may also request the modification of the Amortization Schedule in the case of a Principal Payment Option, a Currency Conversion Conversion, or an Interest Rate Conversion, as set forth respectively in Articles 5.03 3.06, 5.03, and 5.04 of these General Conditions. (b) For any modifications to the Amortization Schedule, except pursuant to the Principal Payment Option, a Currency Conversion, or an Interest Rate Conversion, the Borrower shall deliver to the Bank an Amortization Schedule Modification Request Letter, which shall: : (i) state whether the proposed modification to the Amortization Schedule is applicable to all or part of the Loan; and (ii) indicate the new amortization schedule, including the first and last amortization dates, the frequency of payments, and the percentage that these payments represent of the total of the Loan or the Loan Tranche thereof tranche for which the modification is requested. (c) The Bank may accept the Bank's acceptance of any requested modifications to the Amortization Schedule, Schedule will be subject to the Bank’s 's operational and risk management considerations and the satisfaction of the following conditions: (i) the last amortization date and the cumulative WAL of all the Amortization Schedules do not exceed neither the Final Amortization Date nor or the Original WAL, as the case may be; (ii) the Loan Tranche tranche subject to a new Amortization Schedule shall is not be less than the equivalent of three million Dollars (US$3,000,000); and (iii) the Loan Tranche tranche subject to the modification of the Amortization Schedule has not been subject to a prior modification, unless the new Amortization Schedule modification is the result of the exercise of the Principal Payment Option, a Currency Conversion, or an Interest Rate Conversion. (d) The Bank will communicate to notify the Borrower of its decision in an Amortization Schedule Modification Notification Letter. If the Bank accepts the Borrower’s 's request, the Amortization Schedule Modification Notification Letter will include: (i) the new Amortization Schedule for the Loan or Loan Tranchetranche; (ii) the cumulative WAL of the Loan; and (iii) the effective date of the new Amortization Schedule. (e) The Loan may not have more than four (4) Loan Tranches tranches denominated in a Non- Borrowing Member Country Principal Currency with different Amortization Schedules. The number of Loan Tranches tranches in Local Currency may exceed this amount, subject to the Bank’s 's operational and risk management considerations. (f) To ensure that the cumulative WAL continues to be equal to or less than the Original WAL of the Loan at all times, whenever the WAL of the Loan exceeds the Original WAL, the Amortization Schedule shaU be modified. Accordingly the Bank shall notify the Borrower of any such event, and request that it establish a new amortization schedule, pursuant to the provisions of this Article. Unless the Borrower expressly requests otherwise, such modification will consist of moving forward the Final Amortization Date, with a corresponding adjustment to the amortization installments. (g) Notwithstanding paragraph (f) above, the Amortization Schedule shall be modified in those such cases in which an extension to the Original Disbursement Period is granted granted, which: (i) resulting results in an extension of such period beyond a date that is sixty (60) days prior to the due date for the first amortization installment of the Loan or the Loan Tranchetranche, as the case may be; and (ii) when disbursements occur during such extension period. Such modification will consist of (i) moving forward the Final Amortization Date or, if the Loan has different tranches, moving forward the Final Amortization Date of the Loan tranche or tranches from which funds are disbursed during the extension period of the Original Disbursement Period, unless the Borrower expressly requests, in lieu of the foregoing, (ii) an increase in the amount of the amortization installment following each disbursement of the Loan or the Loan tranche, as the case may be, andthat results in a longer WAL than the Original WAL. With respect to this second option, the Bank will determine the corresponding amount for each amortization installment.