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 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 (a) The Loan proceeds shall be withdrawn from the Loan Account in accordance with the provisions of Schedule 3A to this Financing Agreement for purposes of financing the Program expenditures; and (b) The Grant proceeds shall be withdrawn from the Grant Account in accordance with the provisions of Schedule 3B to this Financing Agreement for purposes of financing the Program expenditures.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per annum during the grace period, and one and one- half percent (1.5%) per annum thereafter, on the amount of the Loan withdrawn from the Loan Account and outstanding from time to time.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 The Beneficiary shall repay the principal amount of the Loan withdrawn from the Loan Account in accordance with the amortization schedule set forth in Schedule 2 to this Financing Agreement.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 resources, on the terms and conditions set forth in this Financing Agreement: (a) an amount a loan in various currencies equivalent to forty five six million fifty four hundred and sixty-six thousand Special Drawing Rights (SDR 45,056,0006,466,000) (the “Loan”); and (b) an a grant in the amount of five nine million Dollars nine hundred thousand dollars ($5,000,0009,900,000) (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 (a) The Loan proceeds shall be withdrawn from the Loan Account in accordance with the provisions of Schedule 3A to this Financing Agreement for purposes of partially financing the Program Project expenditures; and (b) The Grant proceeds shall be withdrawn from the Grant Account in accordance with the provisions of Schedule 3B to this Financing Agreement for purposes of partially financing the Program Project 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 1 May and 15 December 1 November 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. 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 the Beneficiary from ADB's Special Funds resources on the terms and conditions set forth in this Financing Agreementresources: (a) an amount a loan in various currencies equivalent to forty five thirty-two million fifty six fifty-seven thousand Special Drawing Rights (SDR 45,056,000SDR32,057,000) (the “Loan”); and (b) an a grant in the amount of fifty-one million five million hundred thousand Dollars ($5,000,00051,500,000) (the “Grant”). (a) The Loan proceeds shall be withdrawn from the Loan Account in accordance with the provisions of Schedule 3A to this Financing Agreement for purposes of financing expenditures of the Program expendituresEARR; 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 expenditures of the Program expendituresEARR. (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 First 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 January and 15 December July 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 resources, on the terms and conditions set forth in this Financing Agreement: (a) an amount a loan in various currencies equivalent to forty five eighteen million fifty six four hundred ninety two thousand Special Drawing Rights (SDR 45,056,00018,492,000) (hereinafter called the “"Loan”"); and (b) an a grant in the amount of five twenty two million Dollars ($5,000,00022,000,000) (hereinafter called 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; andexpenditures of the Project. (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 expendituresexpenditures of the Project. (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 Principal 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 January and 15 December July 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. 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 the Beneficiary from ADB's ’s Special Funds resources resources, on the terms and conditions set forth in this Financing Agreement: (a) an amount a loan in various currencies equivalent to forty five million fifty six thousand Five Million Nine Hundred Twenty Thousand Special Drawing Rights (SDR 45,056,0005,920,000) (the “Loan”); and (b) an a grant in the amount of five million Eight Million Three Hundred Thousand Dollars ($5,000,0008,300,000) (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 expendituresProject expenditures under the Credit Line and under output 4.2 of Component 4 of the Project; and (b) The With the exception of the items to be financed from the Loan as specified in clause (a) above, 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 expendituresProject expenditures under the Project. (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 May and 15 December November 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. 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 Dollars.

The Loan and the Grant. Section 2.01. ADB agrees to provide to the Beneficiary from ADB's Special Funds resources resources, on the terms and conditions set forth in this Financing Agreement: (a) an amount a loan in various currencies equivalent to forty five six million fifty eight hundred eighty-six thousand Special Drawing Rights (SDR 45,056,0006,886,000) (the “Loan”); and (b) an a grant in the amount of five ten million Dollars ($5,000,00010,000,000) (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; andAgreement. (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 expendituresAgreement. (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 Principal 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 1 January and 15 December 1 July 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. 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 the Beneficiary from ADB's Special Funds resources resources, on the terms and conditions set forth in this Financing Agreement: (a) an amount a loan in various currencies equivalent to forty five eleven million fifty six ten thousand Special Drawing Rights (SDR 45,056,00011,010,000) (the “"Loan”"); and (b) an a grant in the amount of five twenty-eight million one hundred thousand Dollars ($5,000,00028,100,000) (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 expenditures under the Program expenditures; andProject. (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 expenditures under the Program expendituresProject. (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 Principal 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 January and 15 December July 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. 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 the Dollar.

The Loan and the Grant. Section 2.01. ADB agrees to provide to the Beneficiary Sri Lanka from ADB's Special Funds resources resources, on the terms and conditions set forth in this Financing Agreement: (a) an amount a loan in various currencies equivalent to forty five million fifty six four thousand Special Drawing Rights (SDR 45,056,00040,054,000) (the “Loan”); and (b) an a grant in the amount of five twenty-three million two hundred twenty thousand Dollars ($5,000,00023,220,000) (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 expendituresProject expenditures under Component 1(a)(viii) through to (xii) of the Project; 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 expendituresProject expenditures under Component 1(a)(i) through to (vii), Component 1(b), Component 2(b), and Component 3 of the Project. (a) The Beneficiary 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- 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 (ab) of this Section means the period prior to payment of the first principal amount of the Loan on the payment date Principal 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 May and 15 December November in each year. Section 2.05. The Beneficiary 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 the Dollar.

The Loan and the Grant. Section 2.01. ADB agrees to provide to the Beneficiary from ADB's Special Funds resources resources, on the terms and conditions set forth in this Financing Agreement: (a) an amount in various currencies equivalent to forty fifty two million five million fifty six hundred and sixty seven thousand Special Drawing Rights (SDR 45,056,00052,567,000) (the “Loan”); and (b) an amount of five forty million Dollars dollars ($5,000,00040,000,000) (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 expendituresProject expenditures under Part A of the Project; 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 expendituresProject expenditures under Part B of the Project. (a) Section 2.03. 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 February and 15 December August 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. 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 the Beneficiary from ADB's Special Funds resources resources, on the terms and conditions set forth in this Financing Agreement: (a) an amount a loan in various currencies equivalent to forty five million fifty six thousand Nine Million Nine Hundred Twenty Five Thousand Special Drawing Rights (SDR 45,056,0009,925,000) (the “Loan”); and (b) an a grant in the amount of five million 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 expendituresProject expenditures under the Project; 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.financing (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 January and 15 December July 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. 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 Dollars.