The Loan and the Grant Sample Clauses

The Loan and the Grant. Section 2.01. ADB agrees to provide to the Beneficiary from ADB's Special Funds resources, on terms and conditions set forth in this Financing Agreement: (a) a loan in various currencies equivalent to five million one hundred ninety nine thousand Special Drawing Rights (SDR 5,199,000 ) (the “Loan”); and (b) a grant in the amount of sixteen million Dollars ($16,000,000) (the “Grant”). Section 2.02. (a) The Beneficiary shall pay to ADB an interest charge at the rate of one percent (1%) per annum during the grace period, and one and one- half percent (1.5%) per annum thereafter, on the amount of the Loan withdrawn from the Loan Account and outstanding from time to time.
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The Loan and the Grant. Section 2.01. ADB agrees to provide to the Beneficiary from ADB's Special Funds resources on the terms and conditions set forth in this Financing Agreement: (a) an amount in various currencies equivalent to forty five million fifty six thousand Special Drawing Rights (SDR 45,056,000) (the “Loan”); and (b) an amount of five million Dollars ($5,000,000) (the “Grant”). (a) The Loan proceeds shall be withdrawn from the Loan Account in accordance with the provisions of Schedule 3A to this Financing Agreement for purposes of financing the Program expenditures; and (b) The Grant proceeds shall be withdrawn from the Grant Account in accordance with the provisions of Schedule 3B to this Financing Agreement for purposes of financing the Program expenditures. (a) The Beneficiary shall pay to ADB an interest charge at the rate of one percent (1%) per annum during the grace period, and one and one- half percent (1.5%) per annum thereafter, on the amount of the Loan withdrawn from the Loan Account and outstanding from time to time. (b) The term "grace period" as used in paragraph (a) of this Section means the period prior to payment of the first principal amount of the Loan on the payment date in accordance with the amortization schedule set forth in Schedule 2 to this Financing Agreement. Section 2.04. The interest charge and any other charge on the Loan shall be payable semiannually on 15 June and 15 December in each year. Section 2.05. The Beneficiary shall repay the principal amount of the Loan withdrawn from the Loan Account in accordance with the amortization schedule set forth in Schedule 2 to this Financing Agreement.
The Loan and the Grant. Section 2.01. ADB agrees to provide to the Beneficiary from ADB's Special Funds resources: (a) a loan in various currencies equivalent to nine million two hundred twenty four thousand Special Drawing Rights (SDR9,224,000) (“Loan”); and (b) a grant in the amount of twenty million eight hundred and ten Dollars ($20,810,000) (“Grant”). Section 2.02. (a) The Beneficiary shall pay to ADB an interest charge at the rate of 1% per annum during the grace period, and 1.5% per annum thereafter, on the amount of the Loan withdrawn from the Loan Account and outstanding from time to time.
The Loan and the Grant. Section 2.01. ADB agrees to provide to Sri Lanka from ADB's Special Funds resources, on terms and conditions set forth in this Financing Agreement: (a) a loan in various currencies equivalent to forty one million eight hundred forty seven thousand Special Drawing Rights (SDR 41,847,000) (the “Loan”); and (b) a grant in the amount of fifteen million dollars ($15,000,000) (the “Grant”). (a) The Loan proceeds shall be withdrawn from the Loan Account in accordance with the provisions of Schedule 3A to this Financing Agreement for purposes of financing the Project expenditures under Components and Subcomponents 1(i) and 1(ii), 2(i) through to 2(viii), and 4 as further described in Schedule 1 to this Financing Agreement; and (b) The Grant proceeds shall be withdrawn from the Grant Account in accordance with the provisions of Schedule 3B to this Financing Agreement for purposes of financing the Project expenditures under Components and Subcomponents 1(iii), 2(ix) and 3 as further described in Schedule 1 to this Financing Agreement. (a) Sri Lanka shall pay to ADB an interest charge at the rate of one percent (1%) per annum during the grace period, and one and one-half percent (1.5%) per annum thereafter, on the amount of the Loan withdrawn from the Loan Account and outstanding from time to time. (b) The term "grace period" as used in paragraph (a) of this Section means the period prior to payment of the first principal amount of the Loan on the payment date in accordance with the amortization schedule set forth in Schedule 2 to this Financing Agreement. Section 2.04. The interest charge and any other charge on the Loan shall be payable semiannually on 15 May and 15 November in each year. Section 2.05. Sri Lanka shall repay the principal amount of the Loan withdrawn from the Loan Account in accordance with the amortization schedule set forth in Schedule 2 to this Financing Agreement. Section 2.06. The currency of repayment of the principal amount of the Loan and the currency of payment of the interest charge for the purposes of Section 4.03(a) and 4.04 of the Loan Regulations shall be Dollar.
The Loan and the Grant. Section 2.01. ADB agrees to provide to Xxx PDR from ADB's Special Funds resources, on terms and conditions set forth in this Financing Agreement: (a) a loan in various currencies equivalent to six million two hundred and fifty-six thousand Special Drawing Rights (SDR 6,256,000) (the “Loan”); and (b) a grant in the amount of seven hundred thousand dollars ($700,000) (the “Grant”). (a) The Loan proceeds shall be withdrawn from the Loan Account in accordance with the provisions of Schedule 3A to this Financing Agreement for purposes of financing a portion of the Project expenditures; and (b) The Grant proceeds shall be withdrawn from the Grant Account in accordance with the provisions of Schedule 3B to this Financing Agreement for purposes of financing a portion of the Project expenditures. (a) Lao PDR shall pay to ADB an interest charge at the rate of one percent (1%) per annum during the grace period, and one and one-half percent (1.5%) per annum thereafter, on the amount of the Loan withdrawn from the Loan Account and outstanding from time to time. (b) The term "grace period" as used in paragraph (a) of this Section means the period prior to payment of the first principal amount of the Loan on the payment date in accordance with the amortization schedule set forth in Schedule 2 to this Financing Agreement. Section 2.04. The interest charge and any other charge on the Loan shall be payable semiannually on 15 June and 15 December in each year. Section 2.05. Lao PDR shall repay the principal amount of the Loan withdrawn from the Loan Account in accordance with the amortization schedule set forth in Schedule 2 to this Financing Agreement. Section 2.06. The currency of repayment of the principal amount of the Loan and the currency of payment of the interest charge for the purposes of Sections 4.03(a) and 4.04 of the Loan Regulations shall be Dollar.
The Loan and the Grant. Section 2.01. ADB agrees to provide to the Beneficiary from ADB's Special Funds resources, on terms and conditions set forth in this Financing Agreement: (a) an amount in various currencies equivalent to one hundred fifty four million two hundred twenty seven thousand Special Drawing Rights (SDR 154,227,000) (the “Loan”); and (b) an amount of eighty million dollars ($80,000,000) (the “Grant”). Section 2.02. The Beneficiary shall pay to ADB an interest charge at the rate of one percent (1%) per annum on the amount of the Loan withdrawn from the Loan Account and outstanding from time to time. Section 2.03. The interest charge and any other charge on the Loan shall be payable semiannually on 15 June and 15 December in each year. Section 2.04. The Beneficiary shall repay the principal amount of the Loan withdrawn from the Loan Account in accordance with the amortization schedule set forth in Schedule 2 to this Financing Agreement.
The Loan and the Grant. Section 2.01. ADB agrees to provide to Tajikistan from ADB's Special Funds resources, on terms and conditions set forth in this Financing Agreement: (a) an amount in various currencies equivalent to twenty million three hundred fifty-three Special Drawing Rights (SDR20,353,000) (the “Loan”); and (b) an amount of five hundred thousand ($500,000) (the “Grant”). (a) The Loan proceeds shall be withdrawn from the Loan Account in accordance with the provisions of Schedule 3A to this Agreement for purposes of financing the Project expenditures of the Project, except for the HIV/AIDS and Migration Component; and (b) The Grant proceeds shall be withdrawn from the Grant Account in accordance with the provisions of Schedule 3B to this Agreement for purposes of financing the Project expenditures under the HIV/AIDS and Migration Component of the Project.
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The Loan and the Grant. Section 2.01. ADB agrees to provide to India on terms and conditions set forth in this Financing Agreement (a) an amount equivalent to one hundred million US Dollars ($100,000,000), from ADB's ordinary capital resources, as such amount may be converted from time to time through a Currency Conversion in accordance with the provisions of Section 2.06 of this Financing Agreement; (b) an amount equivalent to one hundred million US Dollars ($100,000,000) from the ADB’s Asian Tsunami Fund (the Grant); and (c) The Loan shall have a term of 32 years, including a grace period of 8 years, as provided in Schedule 2 to this Financing Agreement. Section 2.02. India shall pay to ADB interest on the principal amount of the Loan withdrawn and outstanding from time to time at a rate for each Interest Period equal to the sum of LIBOR and 0.60% as provided by Section 3.02 of the Loan Regulations. (a) India shall pay a commitment charge at the rate of three-fourths of one percent (0.75%) per annum. Such charge shall accrue on amounts of the Loan (less amounts withdrawn from time to time), during successive periods commencing sixty (60) days after the date of this Financing Agreement, as follows: during the first twelve-month period, on $15,000,000; during the second twelve-month period, on $45,000,000; during the third twelve-month period, on $85,000,000; and thereafter, on the full amount of the Loan. (b) If any amount of the Loan is cancelled, the amount of each portion of the Loan stated in paragraph (a) of this Section shall be reduced in the same proportion as the cancellation bears to the full amount of the Loan before such cancellation. Section 2.04. Interest and other charges on the Loan shall be payable semiannually on 15 July and 15 January in each year. Section 2.05. India shall repay the principal amount of the Loan withdrawn from the Loan Account in accordance with the provisions of Schedule 2 to this Financing Agreement. Section 2.06. (a) India may at any time request any of the following Conversions of the terms of the Loan in order to facilitate prudent debt management: (i) a change of the Loan Currency of all or any portion of the principal amount of the Loan, whether withdrawn and outstanding or unwithdrawn, to an Approved Currency; (ii) a change of the interest rate basis applicable to all or any portion of the principal amount of the Loan from a Floating Rate to a Fixed Rate, or vice versa; and (iii) the setting of limits on the Floating Rate applicable to...
The Loan and the Grant. Section 2.01. ADB agrees to provide to the Beneficiary from ADB's Special Funds resources, on terms and conditions set forth in this Financing Agreement: (a) a loan in various currencies equivalent to six million nine hundred and ninety-seven thousand Special Drawing Rights (SDR6,997,000**) (“Loan”); and ** The Loan amount of US$10,500,000 was converted, consistent with ADB’s policy of denominating Special Funds Loans in Special Drawing Rights (SDR), to SDR6,997,000 at the conversion rate of SDR1.00 equaling US$1.500571 which is the conversion rate for ADB’s transactions prevailing on the first day of the Loan negotiations. (b) a grant in the amount of seven million five hundred thousand Dollars ($7,500,000) (“Grant”). Section 2.02. (a) The Beneficiary shall pay to ADB an interest charge at the rate of 1% per annum during the grace period, and 1.5% per annum thereafter, on the amount of the Loan withdrawn from the Loan Account and outstanding from time to time.
The Loan and the Grant. Section 2.01. ADB agrees to provide to Nepal from ADB's Special Funds resources, on terms and conditions set forth in this Financing Agreement: (a) a loan in various currencies equivalent to SDR 44,388,000 (forty four million three hundred eighty eight thousand Special Drawing Rights) (the "Loan"); and (b) a grant in the amount of $10,000,000 (ten million Dollars) (the "Grant"). Section 2.02. (a) Nepal shall pay to ADB an interest charge at the rate of one percent (1%) per annum during the grace period, and one and one-half percent (1.5%) per annum thereafter, on the amount of the Loan withdrawn from the Loan Account and outstanding from time to time.
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