Common use of Subsidiary Loan Agreement Clause in Contracts

Subsidiary Loan Agreement. 1. To facilitate the carrying out of the Project, the Borrower shall make the proceeds of the Loan available to the Project Implementing Entity under a subsidiary agreement between the Borrower and the Project Implementing Entity (“Subsidiary Loan Agreement”), in accordance with the regulations of the Borrower in this regard and under terms and conditions agreed by the Borrower and the Bank, and which shall include the following obligations of the Project Implementing Entity:

Subsidiary Loan Agreement. 1. To facilitate the carrying out of the ProjectProject by the Project Implementing Entity, the Borrower Recipient shall make on-lend the proceeds of the Loan available Financing to the Project Implementing Entity under a subsidiary agreement between the Borrower Recipient and the Project Implementing Entity Entity, under terms and conditions approved by the Association, which shall include the following (“Subsidiary Loan Agreement”), in accordance with the regulations of the Borrower in this regard and under terms and conditions agreed by the Borrower and the Bank, and which shall include the following obligations of the Project Implementing Entity:):

Subsidiary Loan Agreement. 1. To facilitate the carrying out of the Project, the Borrower Recipient shall make the proceeds of the Loan Financing available to the Project Implementing Entity under a subsidiary agreement Subsidiary Loan Agreement between the Borrower Recipient and the Project Implementing Entity Entity, under terms and conditions approved by the Association, which shall include the following (“Subsidiary Loan Agreement”), in accordance with the regulations of the Borrower in this regard and under terms and conditions agreed by the Borrower and the Bank, and which shall include the following obligations of the Project Implementing Entity:):

Subsidiary Loan Agreement. 1. To facilitate the carrying out of the ProjectProject by the Project Implementing Entity, the Borrower Recipient shall make on-lend the proceeds of the Loan available Financing to the Project Implementing Entity under a subsidiary loan agreement between the Borrower Recipient and the Project Implementing Entity Entity, under terms and conditions approved by the Association, which shall include the following (“Subsidiary Loan Agreement”), in accordance with the regulations of the Borrower in this regard and under terms and conditions agreed by the Borrower and the Bank, and which shall include the following obligations of the Project Implementing Entity:):

Subsidiary Loan Agreement. 1. To facilitate the carrying out of the Project, the Borrower Recipient shall make the proceeds of the Loan Financing available to the Project Implementing Entity under a subsidiary agreement Subsidiary Loan Agreement between the Borrower Recipient and the Project Implementing Entity (“Subsidiary Loan Agreement”), in accordance with the regulations of the Borrower in this regard and under terms and conditions agreed approved by the Borrower and the BankAssociation, and which shall include the following obligations of the Project Implementing Entityinclude:

Subsidiary Loan Agreement. 1. (a) To facilitate the carrying out of the ProjectProject by the Project Implementing Entity, the Borrower shall make the proceeds of the Loan allocated from time to time to Category (1) available to the Project Implementing Entity under a subsidiary agreement between Subsidiary Loan Agreement to be entered into among the Borrower Borrower, represented by the Ministry of Finance and Ministry of Fuel and Energy, the NERC and the Project Implementing Entity (“Subsidiary Loan Agreement”)Entity, in accordance with the regulations of the Borrower in this regard and under terms and conditions agreed which shall have been approved by the Borrower and the Bank, Bank and which shall include those stipulated in the following obligations of the Project Implementing Entity:Annex to this Schedule 2.