Common use of Permitted Accounts Clause in Contracts

Permitted Accounts. (i) Any MCC Funding to be disbursed to a bank account must be deposited in an account established by MCA-Côte d’Ivoire in the local currency of Côte d’Ivoire (the “Local Account”) at a financial institution acceptable to MCC, such Local Account to be interest- bearing to the extent practicable. The Local Account will be a Permitted Account. MCC and MCA-Côte d’Ivoire also may mutually agree in writing to the establishment of additional Permitted Accounts from time to time at financial institutions acceptable to MCC, which additional Permitted Accounts will also be interest bearing to the extent practicable. MCA-Côte d’Ivoire agrees to notify MCC promptly if any account information for a Permitted Account changes during the Compact Term and provide MCC with the updated information. (ii) Unless otherwise authorized by MCC in writing, no funds will be co- mingled in a Permitted Account other than MCC Funding and accrued interest and earnings thereon. MCC will have the right, among other things, to view any Permitted Account statements and activity directly on-line, and where such viewing is not feasible, MCA-Côte d’Ivoire agrees to provide copies of such statements to MCC upon its request. Before any MCC Funding is deposited into a Permitted Account, MCA-Côte d’Ivoire agrees to enter into an agreement, in form and substance satisfactory to MCC, with the financial institution approved by MCC to hold such Permitted Account (the “Bank”) that sets forth the signatory authority, access rights, anti-money laundering and anti-terrorist financing provisions, and other terms related to such Permitted Account (the “Bank Agreement”). The Fiscal Agent, and in certain specified cases in the Bank Agreement, designated representatives of MCC, will be the sole signatories on each Permitted Account. (iii) MCC Funding held in a Permitted Account will accrue interest or other earnings in accordance with the Bank Agreement. On a quarterly basis and upon the termination or expiration of the Compact or the Bank Agreement, MCA-Côte d’Ivoire agrees to ensure the transfer of all accrued interest to MCC. (iv) Unless MCC agrees otherwise in writing, if MCC Funding is held in any Permitted Account other than the Local Account, MCA-Côte d’Ivoire agrees to ensure that such MCC Funding will be denominated in the currency of the United States of America prior to its expenditure or transfer to the Local Account. To the extent that any amount of MCC Funding held in U.S. Dollars must be converted into the currency of Côte d’Ivoire for any purpose, MCA- Côte d’Ivoire agrees to ensure that such amount is converted consistent with the requirements of the Bank Agreement or any other applicable Supplemental Agreement.

Permitted Accounts. The Government shall establish, or cause to be established, such accounts (each, a “Permitted Account,” and collectively “Permitted Accounts”) as may be agreed by the Parties in writing from time to time, including: (i) Any A single, completely separate U.S. Dollar interest-bearing account (the “Special Account”) at the Reserve Bank of Vanuatu to receive MCC Funding to be disbursed to a bank account must be deposited in Disbursements; (ii) If necessary, an account established by MCAinterest-Côte d’Ivoire in the bearing local currency of Côte d’Ivoire Vanuatu account (the “Local Account”) at a financial institution acceptable commercial bank that is procured through a competitive process to MCC, which the Fiscal Agent may authorize transfer from any U.S. Dollar Permitted Account for the purpose of making Re-Disbursements payable in local currency; and (iii) Such other interest-bearing accounts to receive MCC Disbursements in such Local Account to be interest- bearing to banks as the extent practicable. The Local Account will be a Permitted Account. MCC and MCA-Côte d’Ivoire also may Parties mutually agree in writing to the establishment of additional Permitted Accounts from time to time at financial institutions acceptable to MCC, which additional Permitted Accounts will also be interest bearing to the extent practicable. MCA-Côte d’Ivoire agrees to notify MCC promptly if any account information for a Permitted Account changes during the Compact Term and provide MCC with the updated information. (ii) Unless otherwise authorized by MCC upon in writing, no . No other funds will shall be co- mingled commingled in a Permitted Account other than MCC Funding and accrued interest and earnings Accrued Interest thereon. All MCC will Funding held in an interest-bearing Permitted Account shall earn interest at a rate of no less than such amount as the Parties may agree in the respective Bank Agreement or otherwise. MCC shall have the right, among other things, to view any Permitted Account statements and activity directly on-lineline or at such other frequency as the Parties may otherwise agree. By such time as shall be specified in the Disbursement Agreement or as otherwise agreed by the Parties, and where such viewing is not feasible, the Government shall ensure that MCA-Côte d’Ivoire agrees to provide copies of such statements to MCC upon its request. Before any MCC Funding is deposited into a Permitted Account, MCA-Côte d’Ivoire agrees to enter Vanuatu enters into an agreementagreement with each Bank, in form and substance respectively, satisfactory to MCC, with the financial institution approved by MCC to hold such Permitted Account (the “Bank”) that sets forth the signatory authority, access rights, anti-money laundering and anti-terrorist financing provisions, and other terms related to such the Permitted Account Account, respectively (the each a “Bank Agreement”). The Fiscal AgentFor purposes of this Compact, and any bank holding an account referenced in certain specified cases in Section 4(d) of this Program Annex are each a “Bank” and, are collectively referred to as the Bank Agreement, designated representatives of MCC, will be the sole signatories on each Permitted Account“Banks. (iii) MCC Funding held in a Permitted Account will accrue interest or other earnings in accordance with the Bank Agreement. On a quarterly basis and upon the termination or expiration of the Compact or the Bank Agreement, MCA-Côte d’Ivoire agrees to ensure the transfer of all accrued interest to MCC. (iv) Unless MCC agrees otherwise in writing, if MCC Funding is held in any Permitted Account other than the Local Account, MCA-Côte d’Ivoire agrees to ensure that such MCC Funding will be denominated in the currency of the United States of America prior to its expenditure or transfer to the Local Account. To the extent that any amount of MCC Funding held in U.S. Dollars must be converted into the currency of Côte d’Ivoire for any purpose, MCA- Côte d’Ivoire agrees to ensure that such amount is converted consistent with the requirements of the Bank Agreement or any other applicable Supplemental Agreement.”

Permitted Accounts. The Government shall establish, or cause to be established, such accounts (each, a “Permitted Account,” and collectively “Permitted Accounts”) as may be agreed by the Parties in writing from time to time, including: (i) Any A single, completely separate U.S. Dollar interest-bearing account (the “Special Account”) at a commercial bank that is procured through a competitive process to receive MCC Funding to be disbursed to a bank account must be deposited in Disbursements; (ii) If necessary, an account established by MCAinterest-Côte d’Ivoire in the bearing local currency of Côte d’Ivoire Georgia account (the “Local Account”) at a financial institution acceptable the commercial bank to MCC, which the Fiscal Agent may authorize transfer from any U.S. Dollar Permitted Account for the purpose of making Re-Disbursements payable in local currency; and (iii) Such other interest-bearing accounts to receive MCC Disbursements in such Local Account to be interest- bearing to banks as the extent practicable. The Local Account will be a Permitted Account. MCC and MCA-Côte d’Ivoire also may Parties mutually agree in writing to the establishment of additional Permitted Accounts from time to time at financial institutions acceptable to MCC, which additional Permitted Accounts will also be interest bearing to the extent practicable. MCA-Côte d’Ivoire agrees to notify MCC promptly if any account information for a Permitted Account changes during the Compact Term and provide MCC with the updated information. (ii) Unless otherwise authorized by MCC upon in writing, no . No other funds will shall be co- mingled commingled in a Permitted Account other than MCC Funding and accrued interest and earnings Accrued Interest thereon. All MCC will Funding held in an interest-bearing Permitted Account shall earn interest at a rate of no less than such amount as the Parties may agree in the respective Bank Agreement or otherwise. MCC shall have the right, among other things, to view any Permitted Account statements and activity directly on-lineline or at such other frequency as the Parties may otherwise agree. By such time as shall be specified in the Disbursement Agreement or as otherwise agreed by the Parties, and where such viewing is not feasible, the Government shall ensure that MCA-Côte d’Ivoire agrees to provide copies of such statements to MCC upon its request. Before any MCC Funding is deposited into a Permitted Account, MCA-Côte d’Ivoire agrees to enter Georgia enters into an agreementagreement with each Bank, in form and substance respectively, satisfactory to MCC, with the financial institution approved by MCC to hold such Permitted Account (the “Bank”) that sets forth the signatory authority, access rights, anti-money laundering and anti-terrorist financing provisions, and other terms related to such the Permitted Account Account, respectively (the each, a “Bank Agreement”). The Fiscal AgentFor purposes of this Compact, and any bank holding an account referenced in certain specified cases in Section 4(d) of this Program Annex are each a “Bank” and, are collectively referred to as the Bank Agreement, designated representatives of MCC, will be the sole signatories on each Permitted Account“Banks. (iii) MCC Funding held in a Permitted Account will accrue interest or other earnings in accordance with the Bank Agreement. On a quarterly basis and upon the termination or expiration of the Compact or the Bank Agreement, MCA-Côte d’Ivoire agrees to ensure the transfer of all accrued interest to MCC. (iv) Unless MCC agrees otherwise in writing, if MCC Funding is held in any Permitted Account other than the Local Account, MCA-Côte d’Ivoire agrees to ensure that such MCC Funding will be denominated in the currency of the United States of America prior to its expenditure or transfer to the Local Account. To the extent that any amount of MCC Funding held in U.S. Dollars must be converted into the currency of Côte d’Ivoire for any purpose, MCA- Côte d’Ivoire agrees to ensure that such amount is converted consistent with the requirements of the Bank Agreement or any other applicable Supplemental Agreement.”

Permitted Accounts. (i) Any MCC Funding to be disbursed to a bank account must be deposited in an account established by MCA-Côte d’Ivoire Benin II in the local currency of Côte d’Ivoire Benin (the “Local Account”) at a financial institution acceptable to MCC, such Local Account to be interest- interest-bearing to the extent practicable. The Local Account will be a Permitted Account. MCC and MCA-Côte d’Ivoire Benin II also may mutually agree in writing to the establishment of a Permitted Account for the deposit of the Government Contribution (the “Government Account”), and additional Permitted Accounts from time to time at financial institutions acceptable to MCC, which additional Permitted Accounts will also be interest bearing to the extent practicable. MCA-Côte d’Ivoire agrees to Benin II will notify MCC promptly if any account information for a Permitted Account changes during the Compact Term and provide MCC with the updated information. (ii) Unless otherwise authorized by MCC in writing, no funds will be co- mingled in a Permitted Account other than MCC Funding and accrued interest and earnings thereon. The Government Contribution will be kept in a Government Account and no other funds will be commingled in such Permitted Account other than the Government Contribution and interest accrued thereon. MCC will have the right, among other things, to view any Permitted Account statements and activity directly on-line, and where such viewing is not feasible, MCA-Côte d’Ivoire agrees to MCA- Benin II will provide copies of such statements to MCC upon its request. Before any MCC Funding or Government Contribution is deposited into a Permitted Account, MCA-Côte d’Ivoire agrees to Benin II will enter into an agreement, in form and substance satisfactory to MCC, with the financial institution approved by MCC to hold such Permitted Account (the “Bank”) that sets forth the signatory authority, access rights, anti-money laundering and anti-terrorist financing provisions, and other terms related to such Permitted Account (the “Bank Agreement”). The Fiscal Agent, and in certain specified cases in the Bank Agreement, designated representatives of MCC, will be the sole signatories on each Permitted Account. (iii) MCC Funding or Government Contribution held in a separate Permitted Account Accounts will accrue interest or other earnings in accordance with the Bank Agreement. On a quarterly basis and upon the termination or expiration of the Compact or the Bank Agreement, MCA-Côte d’Ivoire agrees to Benin II will ensure the transfer of all interest accrued interest on MCC Funding to MCC. Accrued interest on the Government Contribution held in a Permitted Account will be transferred by the Bank to the Government according to instructions agreed upon between MCA-Benin and the Government, unless otherwise agreed between those two entities. (iv) Unless MCC agrees otherwise in writing, if MCC Funding is held in any Permitted Account other than the Local Account, MCA-Côte d’Ivoire agrees to the Government will ensure that such MCC Funding will be denominated in the currency of the United States of America prior to its expenditure or transfer to the Local Account. To the extent that any amount of MCC Funding held in U.S. Dollars must be converted into the currency of Côte d’Ivoire Benin for any purpose, MCA- Côte d’Ivoire agrees to MCA-Benin II will ensure that such amount is converted consistent with the requirements of the Bank Agreement or any other applicable Supplemental Agreement.

Permitted Accounts. (i) Any MCC Funding Grant funding to be disbursed to a bank account of the Government or Accountable Entity must be deposited in an a bank account established by MCA-Côte d’Ivoire in the local currency of Côte d’Ivoire (the “Local Account”) established by the Government or the Accountable Entity, as applicable, in the local currency of The Gambia or United States dollars, as agreed by the Parties, at a financial institution acceptable to MCC. With prior MCC approval, the Accountable Entity may establish such other bank accounts as are needed for the purposes of implementing the Program (each such other bank account, together with the Local Account to be interest- bearing to the extent practicable. The Local Account will be Account, a “Permitted Account. MCC and MCA-Côte d’Ivoire also may mutually agree in writing to the establishment of additional Permitted Accounts from time to time at financial institutions acceptable to MCC, which additional Permitted Accounts will also be interest bearing to the extent practicable. MCA-Côte d’Ivoire agrees to notify MCC promptly if any account information for a Permitted Account changes during the Compact Term and provide MCC with the updated information. (ii) Unless otherwise authorized by MCC in writing, no funds will be co- mingled in a Permitted Account other than MCC Funding and accrued interest and earnings thereon. MCC will have the right, among other things, to view any Permitted Account statements and activity directly on-line, and where such viewing is not feasible, MCA-Côte d’Ivoire agrees to provide copies of such statements to MCC upon its request”). Before any MCC Funding Grant funding is deposited into a Permitted Account, MCA-Côte d’Ivoire agrees to enter the Government shall ensure that the Accountable Entity enters into an agreement, in form and substance satisfactory to MCC, with the financial institution approved by MCC to hold such Permitted Account (the each, a “Bank”) that ), which sets forth the signatory authority, access rights, anti-money laundering and anti-terrorist financing provisions, and other terms related to such Permitted Account (the each, a “Bank Agreement”). The Bank shall be a commercial financial institution unless MCC otherwise agrees. The terms and operation of the Permitted Accounts shall be set forth in the Fiscal Agent, Accountability Plan and in certain specified cases in the Bank Agreement, designated representatives of MCC, will be the sole signatories on each Permitted Account. (iiiii) Unless MCC Funding agrees otherwise, Grant funding held in a Permitted Account will shall accrue interest or other earnings in accordance with the applicable Bank Agreement. On a quarterly basis and upon the termination or expiration of the Compact this Agreement or the relevant Bank Agreement, MCA-Côte d’Ivoire agrees to the Government shall ensure the transfer to MCC of all any interest accrued on amounts held in a Permitted Account. (iii) Unless MCC agrees otherwise, no funds shall be commingled in a Permitted Account other than Grant funding and accrued interest and earnings thereon. MCC has the right, among other things, to MCCview any Permitted Account statements and activity directly on-line, and where such viewing is not feasible, the Government shall provide copies of such statements to MCC upon its request. (iv) Unless MCC agrees otherwise in writingotherwise, if MCC Funding Grant funding is held in any Permitted Account other than the Local Account, MCA-Côte d’Ivoire agrees to the Government shall ensure that such MCC Funding will be Grant funding is denominated in the currency of the United States of America dollars prior to its expenditure or transfer release. Unless MCC agrees otherwise, to the Local Account. To the extent that any amount of MCC Funding Grant funding held by a Bank in U.S. Dollars United States dollars must be converted exchanged into the currency of Côte d’Ivoire The Gambia for any purpose, MCA- Côte d’Ivoire agrees to the Government shall ensure that such amount exchange is converted consistent with the requirements of the Bank Agreement or any other applicable Supplemental Agreement.

Permitted Accounts. The Government shall establish, or cause to be established, such accounts (each, a “Permitted Account,” and collectively “Permitted Accounts”) as may be agreed by the Parties in writing from time to time, including: (i) Any A single, completely separate U.S. Dollar interest-bearing account at either the Central Bank of Armenia or at a commercial bank to receive MCC Funding to be disbursed to a bank account must be deposited in Disbursements; (ii) If necessary, an account established by MCAinterest-Côte d’Ivoire in the bearing local currency of Côte d’Ivoire Armenia account (the “Local Account”) at either the Central Bank of Armenia or at a financial institution acceptable commercial bank that is procured through a competitive process to MCC, which the Fiscal Agent may authorize transfer from any U.S. Dollar Permitted Account for the purpose of making Re-Disbursements payable in local currency; and (iii) Such other interest-bearing accounts to receive MCC Disbursements in such Local Account to be interest- bearing to banks as the extent practicable. The Local Account will be a Permitted Account. MCC and MCA-Côte d’Ivoire also may Parties mutually agree in writing to the establishment of additional Permitted Accounts from time to time at financial institutions acceptable to MCC, which additional Permitted Accounts will also be interest bearing to the extent practicable. MCA-Côte d’Ivoire agrees to notify MCC promptly if any account information for a Permitted Account changes during the Compact Term and provide MCC with the updated information. (ii) Unless otherwise authorized by MCC upon in writing, no . No other funds will shall be co- mingled commingled in a Permitted Account other than MCC Funding and accrued interest and earnings Accrued Interest thereon. All MCC will Funding held in an interest-bearing Permitted Account shall earn interest at a rate of no less than such amount as the Parties may agree in the respective Bank Agreement or otherwise. MCC shall have the right, among other things, to view any Permitted Account statements and activity directly on-lineline or at such other frequency as the Parties may otherwise agree. By such time as shall be specified in the Disbursement Agreement or as otherwise agreed by the Parties, and where such viewing is not feasible, the Government shall ensure that MCA-Côte d’Ivoire agrees to provide copies of such statements to MCC upon its request. Before any MCC Funding is deposited into a Permitted Account, MCA-Côte d’Ivoire agrees to enter Armenia enters into an agreementagreement with each Bank, in form and substance respectively, satisfactory to MCC, with the financial institution approved by MCC to hold such Permitted Account (the “Bank”) that sets forth the signatory authority, access rights, anti-money laundering and anti-terrorist financing provisions, and other terms related to such the Permitted Account Account, respectively (the each a “Bank Agreement”). The Fiscal AgentFor purposes of this Compact, and in certain specified cases in the Bank Agreement, designated representatives of MCC, will be the sole signatories on each Permitted Account. (iii) MCC Funding held in any bank holding a Permitted Account will accrue interest or other earnings referenced in accordance with Section 4(d) of this Program Annex are each a “Bank” and, are collectively referred to as the Bank Agreement. On a quarterly basis and upon the termination or expiration of the Compact or the Bank Agreement, MCA-Côte d’Ivoire agrees to ensure the transfer of all accrued interest to MCC“Banks. (iv) Unless MCC agrees otherwise in writing, if MCC Funding is held in any Permitted Account other than the Local Account, MCA-Côte d’Ivoire agrees to ensure that such MCC Funding will be denominated in the currency of the United States of America prior to its expenditure or transfer to the Local Account. To the extent that any amount of MCC Funding held in U.S. Dollars must be converted into the currency of Côte d’Ivoire for any purpose, MCA- Côte d’Ivoire agrees to ensure that such amount is converted consistent with the requirements of the Bank Agreement or any other applicable Supplemental Agreement.”

Permitted Accounts. (i) Any MCC Unless otherwise agreed by MCC, prior to the initial Disbursement of Program Funding (and prior to be disbursed any applicable Disbursement of Compact Implementation Funding, as set forth in Annex IV to a bank account must be deposited in an account established by the Compact), MCA-Côte d’Ivoire Moldova will establish (1) an interest- bearing account in the local currency of Côte d’Ivoire Moldova (the “Local Account”) at a financial institution commercial bank acceptable to MCC, (2) an account denominated in United States Dollars (the “Special Account”), and (3) such other accounts, in such commercial banks as MCC and the Government mutually agree in writing. Such Local Account, Special Account to be interest- bearing to the extent practicable. The Local Account and each such other account will be a Permitted Account. MCC and MCA-Côte d’Ivoire Moldova also may mutually agree in writing to the establishment of additional Permitted Accounts from time to time at financial institutions commercial banks acceptable to MCC, which additional Permitted Accounts will also be interest bearing to the extent practicable. MCA-Côte d’Ivoire agrees to notify MCC promptly if any account information for a Permitted Account changes during the Compact Term and provide MCC with the updated information. (ii) Unless otherwise authorized by MCC in writingMCC, no other funds will be co- mingled commingled in a Permitted Account other than MCC Funding and accrued interest and earnings thereon. MCC will have the right, among other things, to view any Permitted Account statements and activity directly on-on- line, and where such viewing is not feasible, MCA-Côte d’Ivoire agrees to the Government will provide copies of such statements to MCC upon its request. For the avoidance of doubt, the Fiscal Agent will be the sole signatory on each Permitted Account. Before any MCC Funding is deposited into a Permitted Account, MCA-Côte d’Ivoire agrees to Moldova will enter into an agreement, in form and substance satisfactory to MCC, with the financial institution commercial bank approved by MCC to hold such Permitted Account (the “Bank”) that sets forth the signatory authority, access rights, anti-money laundering and anti-terrorist financing provisions, and other terms related to such Permitted Account (the “Bank Agreement”). The Fiscal Agent, and in certain specified cases in the Bank Agreement, designated representatives of MCC, will be the sole signatories on each Permitted Account. (iii) MCC Funding held in a Permitted Account will accrue interest or other earnings in accordance with the Bank Agreement. On a quarterly basis basis, and upon the termination or expiration of the Compact or the Bank Agreement, MCA-Côte d’Ivoire agrees to Moldova will ensure the transfer of all accrued interest to MCC. (iv) Unless MCA-Moldova will provide in writing to MCC agrees otherwise in writingand the Fiscal Agent the account name, if MCC Funding designated account number, and wire transfer instructions for transfers to Permitted Accounts (the “Account and Wire Transfer Information”) no later than ten (10) business days prior to the date on which the initial Disbursement is held in to be made to a Permitted Account. In the event that any Permitted Account other than or the Local Accountrelated Account and Wire Transfer Information changes during the Compact Term, MCA-Côte d’Ivoire agrees Moldova will provide to ensure that such MCC Funding will be denominated and the Fiscal Agent the new information as soon as practicable, but in the currency of the United States of America prior to its expenditure or transfer to the Local Account. To the extent that any amount of MCC Funding held in U.S. Dollars must be converted into the currency of Côte d’Ivoire for any purpose, MCA- Côte d’Ivoire agrees to ensure that such amount is converted consistent with the requirements of the Bank Agreement or any other applicable Supplemental Agreement.no event later than ten

Permitted Accounts. The Government shall establish, or cause to be established, such accounts (each, a “Permitted Account,” and collectively “Permitted Accounts”) as may be agreed by the Parties in writing from time to time to receive MCC Disbursements, including: (i) Any MCC Funding Either (A) a single, completely separate non-interest bearing account at the Honduran Central Bank, or (B) a single, completely separate U.S. Dollar interest-bearing account at a commercial bank that is procured through a competitive process, whichever bank offers terms that are the most economical to be disbursed to a bank account must be deposited in MCC; (ii) If necessary, an account established by MCAinterest-Côte d’Ivoire in the bearing local currency of Côte d’Ivoire Honduras account (the “Local Account”) at a financial institution acceptable the bank selected under Section 4(d)(i) above to MCC, which the Fiscal Agent may authorize transfer from any U.S. Dollar Permitted Account for the purpose of making Re- Disbursements payable in local currency; and (iii) Such other interest-bearing accounts to receive MCC Disbursements in such Local Account to be interest- bearing to bank as the extent practicable. The Local Account will be a Permitted Account. MCC and MCA-Côte d’Ivoire also may Parties mutually agree in writing to the establishment of additional Permitted Accounts from time to time at financial institutions acceptable to MCC, which additional Permitted Accounts will also be interest bearing to the extent practicable. MCA-Côte d’Ivoire agrees to notify MCC promptly if any account information for a Permitted Account changes during the Compact Term and provide MCC with the updated information. (ii) Unless otherwise authorized by MCC upon in writing, no . No other funds will shall be co- mingled commingled in a Permitted Account other than MCC Funding and accrued interest and earnings Accrued Interest thereon. All MCC will Funding held in an interest-bearing Permitted Account shall earn interest at a rate of no less than such amount as the Parties may agree in the respective Bank Agreement or otherwise. MCC shall have the right, among other things, to view any Permitted Account statements and activity directly on-lineline or at such other frequency as the Parties may otherwise agree. By such time as shall be specified in the Disbursement Agreement or as otherwise agreed by the Parties, and where such viewing is not feasible, the Government shall ensure that MCA-Côte d’Ivoire agrees to provide copies of such statements to MCC upon its request. Before any MCC Funding is deposited into a Permitted Account, MCA-Côte d’Ivoire agrees to enter Honduras enters into an agreementagreement with each Bank, in form and substance respectively, satisfactory to MCC, with the financial institution approved by MCC to hold such Permitted Account (the “Bank”) that sets forth the signatory authority, access rights, anti-money laundering and anti-terrorist financing provisions, and other terms related to such the Permitted Account Account, respectively (the each a “Bank Agreement”). The Fiscal AgentFor purposes of this Compact, and any bank holding an account referenced in certain specified cases in Section 4(d) of this Program Annex are each a “Bank” and, are collectively referred to as the Bank Agreement, designated representatives of MCC, will be the sole signatories on each Permitted Account“Banks. (iii) MCC Funding held in a Permitted Account will accrue interest or other earnings in accordance with the Bank Agreement. On a quarterly basis and upon the termination or expiration of the Compact or the Bank Agreement, MCA-Côte d’Ivoire agrees to ensure the transfer of all accrued interest to MCC. (iv) Unless MCC agrees otherwise in writing, if MCC Funding is held in any Permitted Account other than the Local Account, MCA-Côte d’Ivoire agrees to ensure that such MCC Funding will be denominated in the currency of the United States of America prior to its expenditure or transfer to the Local Account. To the extent that any amount of MCC Funding held in U.S. Dollars must be converted into the currency of Côte d’Ivoire for any purpose, MCA- Côte d’Ivoire agrees to ensure that such amount is converted consistent with the requirements of the Bank Agreement or any other applicable Supplemental Agreement.”

Permitted Accounts. The Government shall establish, or cause to be established, such accounts (each, a “Permitted Account,” and, collectively, the “Permitted Accounts”) as may be agreed by the Parties in writing from time to time, including: (i) Any A single, completely separate United States Dollar interest-bearing account (the “Special Account”) at a commercial bank, subject to MCC Funding approval, that is procured through a competitive process to be disbursed to a bank account must be deposited in receive MCC Disbursements; (ii) If necessary, an account established by MCAinterest-Côte d’Ivoire in the bearing local currency of Côte d’Ivoire Mali account (the “Local Account”) at a financial institution acceptable commercial bank in Mali, subject to MCCMCC approval, such Local Account that is procured through a competitive process to be interest- bearing to which funds deposited in the extent practicable. The Local Special Account will be a Permitted Account. transferred for the purpose of making Re-Disbursements; and (iii) Such other interest-bearing accounts to receive MCC and MCA-Côte d’Ivoire also may Disbursements in such banks as the Parties mutually agree in writing to the establishment of additional Permitted Accounts from time to time at financial institutions acceptable to MCC, which additional Permitted Accounts will also be interest bearing to the extent practicable. MCA-Côte d’Ivoire agrees to notify MCC promptly if any account information for a Permitted Account changes during the Compact Term and provide MCC with the updated information. (ii) Unless otherwise authorized by MCC upon in writing, no . No other funds will shall be co- mingled commingled in a Permitted Account other than MCC Funding and accrued interest and earnings Accrued Interest thereon. All MCC will Funding held in an interest-bearing Permitted Account shall earn interest at a rate of no less than such amount as the Parties may agree in the applicable Bank Agreement or otherwise. MCC shall have the right, among other thingsothers, to view any Permitted Account statements and activity directly on-line, and where such viewing is not feasible, MCA-Côte d’Ivoire agrees to provide copies of or at such statements to MCC upon its requestother frequency as the Parties may otherwise agree. Before any MCC Funding is deposited into a By such time as shall be specified in the Disbursement Agreement or as otherwise agreed by the Parties, the Government shall ensure that, for each Permitted Account, MCA-Côte d’Ivoire agrees to enter Mali enters into an agreementagreement with the applicable Bank, in form and substance satisfactory to MCC, with the financial institution approved by MCC to hold such Permitted Account (the “Bank”) that sets forth the signatory authority, access rights, anti-money laundering and anti-terrorist financing provisions, and other terms related to such the Permitted Account (the each, a “Bank Agreement”). The Fiscal AgentFor purposes of this Compact, the banks holding an account referenced in Sections 4(d) of this Program Annex are each a “Bank” and in certain specified cases in are collectively referred to as the Bank Agreement, designated representatives of MCC, will be the sole signatories on each Permitted Account“Banks. (iii) MCC Funding held in a Permitted Account will accrue interest or other earnings in accordance with the Bank Agreement. On a quarterly basis and upon the termination or expiration of the Compact or the Bank Agreement, MCA-Côte d’Ivoire agrees to ensure the transfer of all accrued interest to MCC. (iv) Unless MCC agrees otherwise in writing, if MCC Funding is held in any Permitted Account other than the Local Account, MCA-Côte d’Ivoire agrees to ensure that such MCC Funding will be denominated in the currency of the United States of America prior to its expenditure or transfer to the Local Account. To the extent that any amount of MCC Funding held in U.S. Dollars must be converted into the currency of Côte d’Ivoire for any purpose, MCA- Côte d’Ivoire agrees to ensure that such amount is converted consistent with the requirements of the Bank Agreement or any other applicable Supplemental Agreement.”

Permitted Accounts. (i) Any MCC Funding Grant funding to be disbursed to a bank account must be deposited in an a bank account established by MCA-Côte d’Ivoire in the local currency of Côte d’Ivoire (the “Local Account”) established by the Accountable Entity in the local currency of Kosovo or United States dollars, as agreed by the Parties, at a financial institution acceptable to MCC. With prior MCC approval, the Accountable Entity may establish such other bank accounts as are needed for the purposes of implementing the Program (each such other bank account, together with the Local Account to be interest- bearing to the extent practicableAccount, a “Permitted Account”). The Local Account will be Before any Grant funding is deposited into a Permitted Account. MCC , the Government will ensure that the Accountable Entity enters into an agreement, in form and MCA-Côte d’Ivoire also may mutually agree in writing to the establishment of additional Permitted Accounts from time to time at financial institutions acceptable substance satisfactory to MCC, with the financial institution approved by MCC to hold such Permitted Account (each a “Bank”), which additional sets forth the signatory authority, access rights, anti-money laundering and anti-terrorist financing provisions, and other terms related to such Permitted Account (each a “Bank Agreement”). The terms and operation of the Permitted Accounts will also be interest bearing to set forth in the extent practicable. MCA-Côte d’Ivoire agrees to notify MCC promptly if any account information for a Permitted Account changes during Fiscal Accountability Plan and the Compact Term and provide MCC with the updated informationBank Agreement. (ii) Unless otherwise authorized by MCC agrees otherwise, Grant funding held in writinga Permitted Account will accrue interest or other earnings in accordance with the applicable Bank Agreement. On a quarterly basis and upon the termination or expiration of this Agreement or the relevant Bank Agreement, the Accountable Entity will ensure the transfer to MCC of any interest accrued on amounts held in a Permitted Account. (iii) Unless MCC agrees otherwise, no funds will be co- mingled commingled in a Permitted Account other than MCC Funding Grant funding and accrued interest and earnings thereon. MCC will have the right, among other things, to view any Permitted Account statements and activity directly on-line, and where such viewing is not feasible, MCA-Côte d’Ivoire agrees to the Accountable Entity will provide copies of such statements to MCC upon its request. Before any MCC Funding is deposited into a Permitted Account, MCA-Côte d’Ivoire agrees to enter into an agreement, in form and substance satisfactory to MCC, with the financial institution approved by MCC to hold such Permitted Account (the “Bank”) that sets forth the signatory authority, access rights, anti-money laundering and anti-terrorist financing provisions, and other terms related to such Permitted Account (the “Bank Agreement”). The Fiscal Agent, and in certain specified cases in the Bank Agreement, designated representatives of MCC, will be the sole signatories on each Permitted Account. (iii) MCC Funding held in a Permitted Account will accrue interest or other earnings in accordance with the Bank Agreement. On a quarterly basis and upon the termination or expiration of the Compact or the Bank Agreement, MCA-Côte d’Ivoire agrees to ensure the transfer of all accrued interest to MCC. (iv) Unless MCC agrees otherwise in writingotherwise, if MCC Funding Grant funding is held in any Permitted Account other than the Local Account, MCA-Côte d’Ivoire agrees to the Accountable Entity will ensure that such MCC Funding Grant funding will be denominated in the currency of the United States of America dollars prior to its expenditure or transfer to the Local Accountrelease. To the extent that any amount of MCC Funding Grant funding held by the Bank in U.S. Dollars United States dollars must be converted exchanged into the currency of Côte d’Ivoire Kosovo for any purpose, MCA- Côte d’Ivoire agrees to the Government will ensure that such amount exchange is converted consistent with Section 2.5 and the requirements of the Bank Agreement or any other applicable Supplemental Agreement.

Permitted Accounts. The Government shall establish, or cause to be established, such accounts (each, a “Permitted Account,” and, collectively, the “Permitted Accounts”) as may be agreed by the Parties in writing from time to time, including: (i) Any A single, completely separate United States Dollar interest-bearing account (the “Special Account”) at a commercial bank, subject to MCC Funding approval, that is procured through a competitive process to be disbursed to a bank account must be deposited in receive MCC Disbursements; (ii) If necessary, an account established by MCAinterest-Côte d’Ivoire in the bearing local currency of Côte d’Ivoire Mali account (the “Local Account”) at a financial institution acceptable commercial bank in Mali, subject to MCCMCC approval, that is procured through a competitive process for the purpose of making Re-Disbursements; and (iii) Such other interest-bearing accounts to receive MCC Disbursements in such Local Account to be interest- bearing to banks as the extent practicable. The Local Account will be a Permitted Account. MCC and MCA-Côte d’Ivoire also may Parties mutually agree in writing to the establishment of additional Permitted Accounts from time to time at financial institutions acceptable to MCC, which additional Permitted Accounts will also be interest bearing to the extent practicable. MCA-Côte d’Ivoire agrees to notify MCC promptly if any account information for a Permitted Account changes during the Compact Term and provide MCC with the updated information. (ii) Unless otherwise authorized by MCC upon in writing, no . No other funds will shall be co- mingled commingled in a Permitted Account other than MCC Funding and accrued interest and earnings Accrued Interest thereon. All MCC will Funding held in an interest-bearing Permitted Account shall earn interest at a rate of no less than such amount as the Parties may agree in the applicable Bank Agreement or otherwise. MCC shall have the right, among other thingsothers, to view any Permitted Account statements and activity directly on-line, and where such viewing is not feasible, MCA-Côte d’Ivoire agrees to provide copies of or at such statements to MCC upon its requestother frequency as the Parties may otherwise agree. Before any MCC Funding is deposited into a By such time as shall be specified in the Disbursement Agreement or as otherwise agreed by the Parties, the Government shall ensure that, for each Permitted Account, MCA-Côte d’Ivoire agrees to enter Mali enters into an agreementagreement with the applicable Bank, in form and substance satisfactory to MCC, with the financial institution approved by MCC to hold such Permitted Account (the “Bank”) that sets forth the signatory authority, access rights, anti-money laundering and anti-terrorist financing provisions, and other terms related to such the Permitted Account (the each, a “Bank Agreement”). The Fiscal AgentFor purposes of this Compact, the banks holding an account referenced in Sections 4(d) of this Program Annex are each a “Bank” and in certain specified cases in are collectively referred to as the Bank Agreement, designated representatives of MCC, will be the sole signatories on each Permitted Account“Banks. (iii) MCC Funding held in a Permitted Account will accrue interest or other earnings in accordance with the Bank Agreement. On a quarterly basis and upon the termination or expiration of the Compact or the Bank Agreement, MCA-Côte d’Ivoire agrees to ensure the transfer of all accrued interest to MCC. (iv) Unless MCC agrees otherwise in writing, if MCC Funding is held in any Permitted Account other than the Local Account, MCA-Côte d’Ivoire agrees to ensure that such MCC Funding will be denominated in the currency of the United States of America prior to its expenditure or transfer to the Local Account. To the extent that any amount of MCC Funding held in U.S. Dollars must be converted into the currency of Côte d’Ivoire for any purpose, MCA- Côte d’Ivoire agrees to ensure that such amount is converted consistent with the requirements of the Bank Agreement or any other applicable Supplemental Agreement.”

Permitted Accounts. The Government shall establish, or cause to be established, such accounts (each, a “Permitted Account,” and collectively “Permitted Accounts”) as may be agreed by the Parties in writing from time to time, including: (i) Any A single, completely separate U.S. Dollar interest-bearing account (the “Special Account”) at a commercial bank that is procured through a competitive process to receive MCC Funding to be disbursed to a bank account must be deposited in Disbursements; (ii) If necessary, an account established by MCAinterest-Côte d’Ivoire in the bearing local currency of Côte d’Ivoire Nicaragua account (the “Local Account”) at a financial institution acceptable the Commercial Bank to MCC, which the Fiscal Agent may authorize transfer from any U.S. Dollar Permitted Account for the purpose of making Re-Disbursements payable in local currency; and (iii) Such other interest-bearing accounts to receive MCC Disbursements in such Local Account to be interest- bearing to bank as the extent practicable. The Local Account will be a Permitted Account. MCC and MCA-Côte d’Ivoire also may Parties mutually agree in writing to the establishment of additional Permitted Accounts from time to time at financial institutions acceptable to MCC, which additional Permitted Accounts will also be interest bearing to the extent practicable. MCA-Côte d’Ivoire agrees to notify MCC promptly if any account information for a Permitted Account changes during the Compact Term and provide MCC with the updated information. (ii) Unless otherwise authorized by MCC upon in writing, no . No other funds will shall be co- mingled commingled in a Permitted Account other than MCC Funding and accrued interest and earnings Accrued Interest thereon. All MCC will Funding held in an interest-bearing Permitted Account shall earn interest at a rate of no less than such amount as the Parties may agree in the respective Bank Agreement or otherwise. MCC shall have the right, among other things, to view any Permitted Account statements and activity directly on-line, and where such viewing is not feasible, or at such other frequency as the Parties may otherwise agree. By such time as shall be specified in the Disbursement Agreement or as otherwise agreed by the Parties, the Government shall ensure that MCA-Côte d’Ivoire agrees to provide copies of such statements to MCC upon its request. Before any MCC Funding is deposited into a Permitted Account, MCA-Côte d’Ivoire agrees to enter Nicaragua enters into an agreementagreement with each Bank, in form and substance respectively, satisfactory to MCC, with the financial institution approved by MCC to hold such Permitted Account (the “Bank”) that sets forth the signatory authority, access rights, anti-money laundering and anti-terrorist financing provisions, and other terms related to such the Permitted Account Account, respectively (the each a “Bank Agreement”). The Fiscal AgentFor purposes of this Compact, and any bank holding an account referenced in certain specified cases in Section 4(d) of this Program Annex are each a “Bank” and, are collectively referred to as the Bank Agreement, designated representatives of MCC, will be the sole signatories on each Permitted Account“Banks. (iii) MCC Funding held in a Permitted Account will accrue interest or other earnings in accordance with the Bank Agreement. On a quarterly basis and upon the termination or expiration of the Compact or the Bank Agreement, MCA-Côte d’Ivoire agrees to ensure the transfer of all accrued interest to MCC. (iv) Unless MCC agrees otherwise in writing, if MCC Funding is held in any Permitted Account other than the Local Account, MCA-Côte d’Ivoire agrees to ensure that such MCC Funding will be denominated in the currency of the United States of America prior to its expenditure or transfer to the Local Account. To the extent that any amount of MCC Funding held in U.S. Dollars must be converted into the currency of Côte d’Ivoire for any purpose, MCA- Côte d’Ivoire agrees to ensure that such amount is converted consistent with the requirements of the Bank Agreement or any other applicable Supplemental Agreement.”

Permitted Accounts. (i) Any Unless MCC Funding to be disbursed to a bank account must be deposited approves otherwise in an account established by writing, MCA-Côte d’Ivoire Zambia II shall establish one or more accounts in the local currency of Côte d’Ivoire Zambia (the each, a “Local Account”) and one or more accounts in United States Dollars (each, a “USD Account”) at a commercial financial institution acceptable to MCC, such . Each Local Account to and USD Account is considered a Permitted Account and must be interest- interest-bearing to the extent practicable. The Local Account will be a Permitted Account. In addition, MCC and MCA-Côte d’Ivoire also may Zambia II shall mutually agree in writing to the establishment of one or more additional Permitted Accounts from time to time at financial institutions acceptable to MCCbank accounts for the deposit of the Country Contribution (the “Country Account”), which additional Permitted Accounts will shall also be interest bearing to the extent practicableconsidered a Permitted Account. MCA-Côte d’Ivoire agrees to Zambia II shall notify MCC promptly if any account information for a Permitted Account changes during the Compact Term and provide MCC with the updated information. (ii) Unless MCC approves otherwise authorized by MCC in writing, no funds will shall be co- co-mingled in a any Permitted Account set up to receive MCC Funding other than MCC Funding and accrued interest and earnings thereon. Likewise, no funds other than the Country Contribution and accrued interest and earnings thereon shall be commingled in the Country Account. MCC will shall have the right, among other things, to view any Permitted Account statements and activity directly on-line, and where such viewing is not feasible, MCA-Côte d’Ivoire agrees to Zambia II shall provide copies of such statements to MCC upon its request. Before any MCC Funding or any portion of the Country Contribution is deposited into a Permitted Account, MCA-Côte d’Ivoire agrees to Zambia II shall enter into an agreement, in form and substance satisfactory to MCC, with the financial institution approved by MCC to hold such Permitted Account (the “Bank”) that sets forth the signatory authority, access rights, anti-money laundering and anti-terrorist financing provisions, and other terms related to such Permitted Account (the “Bank Agreement”). The Fiscal Agent, and in certain cases specified cases in the Bank Agreement, designated representatives of MCC, will shall be the sole signatories on each Permitted Account. (iii) MCC Funding and the Country Contribution held in a separate Permitted Account will Accounts shall accrue interest or other earnings in accordance with the applicable Bank Agreement. On a quarterly basis and upon the termination or expiration of the Compact or the relevant Bank Agreement, MCA-Côte d’Ivoire agrees to Zambia II shall ensure the transfer of all accrued interest on MCC Funding to MCC. Accrued interest on the Country Contribution held in a Permitted Account shall be retained in such account until the funds may be transferred to Zambia according to instructions agreed upon between the Bank and Zambia. (iv) Unless MCC agrees approves otherwise in writing, if MCA-Zambia II shall ensure that any MCC Funding is held deposited in any Permitted a Local Account other than the Local Account, MCA-Côte d’Ivoire agrees to ensure that such MCC Funding will can be denominated in the currency of the United States of America prior to its expenditure or transfer to the Local converted and deposited into a USD Account. To the extent that any amount of MCC Funding held in U.S. United States Dollars must be converted into the currency of Côte d’Ivoire Zambia for any purposepurpose as determined by MCC, MCA- Côte d’Ivoire agrees to MCA-Zambia II shall ensure that such amount is converted consistent with the requirements of the Bank Agreement or any other applicable Supplemental Agreement.

Permitted Accounts. The Government shall establish, or cause to be established, such accounts (each, a “Permitted Account,” and collectively “Permitted Accounts”) as may be agreed by the Parties in writing from time to time, including: (i) Any A single, completely separate U.S. Dollar interest-bearing account (the “Special Account”) at the Bank of Cape Verde (“National Bank”) to receive MCC Funding to be disbursed to a bank account must be deposited in Disbursements; (ii) If necessary, an account established by MCAinterest-Côte d’Ivoire in the bearing local currency of Côte d’Ivoire Cape Verde account (the “Local Account”) at a financial institution acceptable the National Bank to MCC, which the Fiscal Agent may authorize transfer from any U.S. Dollar Permitted Account for the purpose of making Re-Disbursements payable in local currency; and (iii) Such other interest-bearing accounts to receive MCC Disbursements in such Local Account to be interest- bearing to banks as the extent practicable. The Local Account will be a Permitted Account. MCC and MCA-Côte d’Ivoire also may Parties mutually agree in writing to the establishment of additional Permitted Accounts from time to time at financial institutions acceptable to MCC, which additional Permitted Accounts will also be interest bearing to the extent practicable. MCA-Côte d’Ivoire agrees to notify MCC promptly if any account information for a Permitted Account changes during the Compact Term and provide MCC with the updated information. (ii) Unless otherwise authorized by MCC upon in writing, no . No other funds will shall be co- mingled commingled in a Permitted Account other than MCC Funding and accrued interest and earnings Accrued Interest thereon. All MCC will Funding held in an interest-bearing Permitted Account shall earn interest at a rate of no less than such amount as the Parties may agree in the respective Bank Agreement or otherwise. MCC shall have the right, among other things, to view any Permitted Account statements and activity directly on-line, and where such viewing is not feasible, or at such other frequency as the Parties may otherwise agree. By such time as shall be specified in the Disbursement Agreement or as otherwise agreed by the Parties, the Government shall ensure that MCA-Côte d’Ivoire agrees to provide copies of such statements to MCC upon its request. Before any MCC Funding is deposited into a Permitted Account, MCA-Côte d’Ivoire agrees to enter Cape Verde enters into an agreementagreement with each Bank, in form and substance respectively, satisfactory to MCC, with the financial institution approved by MCC to hold such Permitted Account (the “Bank”) that sets forth the signatory authority, access rights, anti-money laundering and anti-terrorist financing provisions, and other terms related to such the Permitted Account Account, respectively (the each, a “Bank Agreement”). The Fiscal AgentFor purposes of this Compact, the National Bank and any bank holding an account referenced in certain specified cases in Section 4(d)(iii) of this Program Annex are each a “Bank” and are collectively referred to as the Bank Agreement, designated representatives of MCC, will be the sole signatories on each Permitted Account“Banks. (iii) MCC Funding held in a Permitted Account will accrue interest or other earnings in accordance with the Bank Agreement. On a quarterly basis and upon the termination or expiration of the Compact or the Bank Agreement, MCA-Côte d’Ivoire agrees to ensure the transfer of all accrued interest to MCC. (iv) Unless MCC agrees otherwise in writing, if MCC Funding is held in any Permitted Account other than the Local Account, MCA-Côte d’Ivoire agrees to ensure that such MCC Funding will be denominated in the currency of the United States of America prior to its expenditure or transfer to the Local Account. To the extent that any amount of MCC Funding held in U.S. Dollars must be converted into the currency of Côte d’Ivoire for any purpose, MCA- Côte d’Ivoire agrees to ensure that such amount is converted consistent with the requirements of the Bank Agreement or any other applicable Supplemental Agreement.”

Permitted Accounts. The Government shall establish, or cause to be established, such accounts (each, a “Permitted Account,” and collectively “Permitted Accounts”) as may be agreed by the Parties in writing from time to time, including: (i) Any A single, completely separate United States Dollar interest-bearing account (the “Special Account”) at the Bank of Ghana to receive MCC Funding to be disbursed to Disbursements; (ii) If necessary, a bank account must be deposited in an account established by MCA-Côte d’Ivoire in the local currency of Côte d’Ivoire Ghana account (interest-bearing as appropriate and as further specified in the relevant Supplemental Agreement) (the “Local Account”) at a financial institution acceptable the Bank of Ghana to MCC, which the Fiscal Agent may authorize transfer from any United States Dollar Permitted Account for the purpose of making Re-Disbursements payable in local currency; and (iii) Such other interest-bearing accounts to receive MCC Disbursements in such Local Account to be interest- bearing to banks as the extent practicable. The Local Account will be a Permitted Account. MCC and MCA-Côte d’Ivoire also may Parties mutually agree in writing to the establishment of additional Permitted Accounts from time to time at financial institutions acceptable to MCC, which additional Permitted Accounts will also be interest bearing to the extent practicable. MCA-Côte d’Ivoire agrees to notify MCC promptly if any account information for a Permitted Account changes during the Compact Term and provide MCC with the updated information. (ii) Unless otherwise authorized by MCC upon in writing, no . No other funds will shall be co- mingled commingled in a Permitted Account other than MCC Funding and accrued interest and earnings Accrued Interest thereon. All MCC will Funding held in an interest-bearing Permitted Account shall earn interest at a rate of no less than such amount as the Parties may agree in the Bank Agreement or otherwise. MCC shall have the right, among other thingsothers, to view any Permitted Account statements and activity directly on-line, and where such viewing is not feasible, MCA-Côte d’Ivoire agrees to provide copies of or at such statements to MCC upon its requestother frequency as the Parties may otherwise agree. Before any MCC Funding is deposited into a Permitted AccountBy such time as shall be specified in the Disbursement Agreement or as otherwise agreed by the Parties, MCA-Côte d’Ivoire agrees to enter the Government shall ensure that MiDA enters into an agreementagreement with the Bank, in form and substance satisfactory to MCC, with the financial institution approved by MCC to hold such Permitted Account (the “Bank”) that sets forth the signatory authority, access rights, anti-money laundering and anti-terrorist financing provisions, and other terms related to such the Permitted Account (the “Bank Agreement”). The Fiscal Agent, and in certain specified cases in the Bank Agreement, designated representatives of MCC, will be the sole signatories on each Permitted Account. (iii) MCC Funding held in a Permitted Account will accrue interest or other earnings in accordance with the Bank Agreement. On a quarterly basis and upon the termination or expiration of the Compact or the Bank Agreement, MCA-Côte d’Ivoire agrees to ensure the transfer of all accrued interest to MCC. (iv) Unless MCC agrees otherwise in writing, if MCC Funding is held in any Permitted Account other than the Local Account, MCA-Côte d’Ivoire agrees to ensure that such MCC Funding will be denominated in the currency of the United States of America prior to its expenditure or transfer to the Local Account. To the extent that any amount of MCC Funding held in U.S. Dollars must be converted into the currency of Côte d’Ivoire for any purpose, MCA- Côte d’Ivoire agrees to ensure that such amount is converted consistent with the requirements of the Bank Agreement or any other applicable Supplemental Agreement.

Permitted Accounts. The Government shall establish, or cause to be established, such accounts (each, a “Permitted Account” and, collectively, the “Permitted Accounts”) as may be agreed by the Parties in writing from time to time, including: (i) Any A single, completely separate United States Dollar interest-bearing account (the “Special Account”) at the Central Reserve Bank of El Salvador to receive MCC Funding to be disbursed to Disbursements; (ii) An account at a commercial bank account must be deposited in an account established by MCA-Côte d’Ivoire in the local currency of Côte d’Ivoire El Salvador (the “Local Account”) at a financial institution acceptable to MCC, such Local Account to be interest- bearing to which funds deposited in the extent practicable. The Local Special Account will be a Permitted Account. MCC and MCA-Côte d’Ivoire also may transferred for the purpose of making Re- Disbursements; and (iii) Such other accounts in such banks as the Parties mutually agree in writing to the establishment of additional Permitted Accounts from time to time at financial institutions acceptable to MCC, which additional Permitted Accounts will also be interest bearing to the extent practicable. MCA-Côte d’Ivoire agrees to notify MCC promptly if any account information for a Permitted Account changes during the Compact Term and provide MCC with the updated information. (ii) Unless otherwise authorized by MCC upon in writing, no . No other funds will shall be co- mingled commingled in a Permitted Account other than MCC Funding and accrued interest and earnings Accrued Interest thereon. All MCC will Funding held in an interest-bearing Permitted Account shall earn interest at a rate of no less than such amount as the Parties may agree in the applicable Bank Agreement or otherwise. MCC shall have the right, among other thingsothers, to view any Permitted Account statements and activity directly on-line, and where such viewing is not feasible, MCA-Côte d’Ivoire agrees to provide copies of or at such statements to MCC upon its requestother frequency as the Parties may otherwise agree. Before any MCC Funding is deposited into a By such time as shall be specified in the Disbursement Agreement or as otherwise agreed by the Parties, the Government shall ensure that, for each Permitted Account, MCA-Côte d’Ivoire agrees to enter FOMILENIO enters into an agreement, in form and substance satisfactory to MCC, with the financial institution approved by MCC to hold such Permitted Account (the “Bank”) applicable Bank that sets forth the signatory authority, access rights, anti-money laundering and anti-terrorist financing provisions, and other terms related to such the Permitted Account (the each, a “Bank Agreement”). The Fiscal Agent, and in certain specified cases in the Bank Agreement, designated representatives of MCC, will be the sole signatories on each Permitted Account. (iii) MCC Funding held in a Permitted Account will accrue interest or other earnings in accordance with the Bank Agreement. On a quarterly basis and upon the termination or expiration of the Compact or the Bank Agreement, MCA-Côte d’Ivoire agrees to ensure the transfer of all accrued interest to MCC. (iv) Unless MCC agrees otherwise in writing, if MCC Funding is held in any Permitted Account other than the Local Account, MCA-Côte d’Ivoire agrees to ensure that such MCC Funding will be denominated in the currency of the United States of America prior to its expenditure or transfer to the Local Account. To the extent that any amount of MCC Funding held in U.S. Dollars must be converted into the currency of Côte d’Ivoire for any purpose, MCA- Côte d’Ivoire agrees to ensure that such amount is converted consistent with the requirements of the Bank Agreement or any other applicable Supplemental Agreement.