Common use of The Loan and the Grant Clause in Contracts

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per annum during the grace period, and one and one- half percent (1.5%) per annum thereafter, on the amount of the Loan withdrawn from the Loan Account and outstanding from time to time.

Appears in 1 contract

Samples: Financing Agreement

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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 terms and conditions set forth in this Financing Agreement: (a) a loan in various currencies equivalent to eleven million four hundred seventy five million one hundred ninety nine thousand Special Drawing Rights (SDR 5,199,000 SDR11,475,000) (the “Loan”); and (b) a grant in the amount of sixteen seven million Dollars ($16,000,0007,000,000) (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annum during the grace period, and one and one- half percent (1.5%) % per annum thereafter, on the amount of the Loan withdrawn from the Loan Account and outstanding from time to time.

Appears in 1 contract

Samples: Financing Agreement

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 sixteen million one nine hundred ninety nine eighty seven thousand Special Drawing Rights (SDR 5,199,000 SDR16,987,000) (the “Loan”); and (b) a grant in the amount of sixteen twenty five million two hundred fifty thousand Dollars ($16,000,00025,250,000) (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annum during the grace period, and one and one- half percent (1.5%) % per annum thereafter, on the amount of the Loan withdrawn from the Loan Account and outstanding from time to time.

Appears in 1 contract

Samples: Financing Agreement

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 forty three million one six hundred ninety nine eighty thousand Special Drawing Rights (SDR 5,199,000 SDR43,680,000) (the “Loan”); and (b) a grant in the amount of sixteen forty four million five hundred thousand Dollars ($16,000,00044,500,000) (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.

Appears in 1 contract

Samples: Financing Agreement

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 fifteen million one nine hundred ninety nine and twelve thousand Special Drawing Rights (SDR 5,199,000 SDR15,912,000) (the “Loan”); and (b) a grant in the amount of sixteen twelve million five hundred thousand Dollars ($16,000,00012,500,000) (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.

Appears in 1 contract

Samples: Financing Agreement

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 sixteen million one hundred ninety sixty nine thousand Special Drawing Rights (SDR 5,199,000 SDR16,169,000) (the “Loan”); and (b) a grant in the amount of sixteen twenty four million five hundred thousand Dollars ($16,000,00024,500,000) (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.

Appears in 1 contract

Samples: Financing Agreement

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 twenty eight million one hundred ninety twenty nine thousand Special Drawing Rights (SDR 5,199,000 SDR28,129,000) (the “Loan”); and (b) a grant in the amount of sixteen million nine hundred thousand Dollars ($16,000,00016,900,000) (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.

Appears in 1 contract

Samples: Financing Agreement

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 twenty eight million four hundred thirty five million one hundred ninety nine thousand Special Drawing Rights (SDR 5,199,000 thousand(SDR28,435,000) (the “Loan”); and (b) a grant in the amount of sixteen twelve million Dollars ($16,000,00012,000,000) (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.

Appears in 1 contract

Samples: Financing Agreement

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 seven million one two hundred ninety nine fifty-eight thousand Special Drawing Rights (SDR 5,199,000 SDR7,258,000) (the “Loan”); and (b) a grant in the amount of sixteen four million three hundred thousand Dollars ($16,000,0004,300,000) (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.

Appears in 1 contract

Samples: Financing Agreement

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 forty-two million nine hundred seventy-five million one hundred ninety nine thousand Special Drawing Rights (SDR 5,199,000 42,975,000) (the “Loan”); and (b) a grant in the amount of sixteen thirty five million Dollars ($16,000,00035,000,000) (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.

Appears in 1 contract

Samples: Financing Agreement

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 one million one nine hundred ninety nine forty-two thousand Special Drawing Rights (SDR 5,199,000 SDR1,942,000) (the “Loan”); and (b) a grant in the amount of sixteen eleven million Dollars ($16,000,00011,000,000) (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.

Appears in 1 contract

Samples: Financing Agreement

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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 terms and conditions set forth in this Financing Agreement: (a) a loan in various currencies equivalent to five ten million one six hundred ninety nine thirty three thousand Special Drawing Rights (SDR 5,199,000 SDR10,633,000) (the “Loan”); and (b) a grant in the amount of sixteen fifteen million Dollars ($16,000,00015,000,000) (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.

Appears in 1 contract

Samples: Financing Agreement

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 three million one six hundred ninety nine twenty-two thousand Special Drawing Rights (SDR 5,199,000 SDR3,622,000) (the “Loan”); and (b) a grant in the amount of sixteen four million four hundred fifty thousand Dollars ($16,000,0004,450,000) (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.

Appears in 1 contract

Samples: Financing Agreement

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 twenty-five million one three hundred ninety nine fifty-eight thousand Special Drawing Rights (SDR 5,199,000 SDR25,358,000) (the “Loan”); and (b) a grant in the amount of sixteen five million Dollars ($16,000,0005,000,000) (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.

Appears in 1 contract

Samples: Financing Agreement

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 six million one six hundred ninety nine three thousand Special Drawing Rights (SDR 5,199,000 SDR6,603,000) (the “Loan”); and (b) a grant in the amount of sixteen two million eight hundred thousand Dollars ($16,000,0002,800,000) (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.

Appears in 1 contract

Samples: Financing Agreement

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 six million one six hundred ninety nine thirty- four thousand Special Drawing Rights (SDR 5,199,000 SDR6,634,000) (the “Loan”); and (b) a grant in the amount of sixteen ten million Dollars ($16,000,00010,000,000) (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.

Appears in 1 contract

Samples: Financing Agreement

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 seventeen million five million one hundred ninety nine sixty-two thousand Special Drawing Rights (SDR 5,199,000 SDR17,562,000) (the “Loan”); and (b) a grant in the amount of sixteen fourteen million two hundred thirty thousand Dollars ($16,000,00014,230,000) (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.

Appears in 1 contract

Samples: Financing Agreement

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 fifteen million one nine hundred ninety nine four thousand Special Drawing Rights (SDR 5,199,000 SDR15,904,000) (the “Loan”); and (b) a grant in the amount of sixteen three million two hundred and fifty thousand Dollars ($16,000,0003,250,000) (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.

Appears in 1 contract

Samples: Financing Agreement

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