Common use of Time of Prepayment Premium Clause in Contracts

Time of Prepayment Premium. The interest rate (expressed as a percentage per annum) applicable to the Loan on the day of prepayment, multiplied by: Not more than three years 0.20 before maturity More than three years but 0.40 not more than six years before maturity More than six years but 0.73 not more than eleven years before maturity More than eleven years but not 0.87 more than thirteen years before maturity More than thirteen years 1.00 before maturity Procurement and Consultants’ Services Section I. Procurement of Goods and Works Part A: International Competitive Bidding

Time of Prepayment Premium. The interest rate (expressed as a percentage per annum) applicable to the Loan on the day of prepayment, prepayment multiplied by: Not more than three years 0.20 before maturity More than three years but 0.40 not more than six years before maturity More than six years but 0.73 not more than eleven 11 years before maturity More than eleven 11 years but not 0.87 more than thirteen 13 years before maturity More than thirteen 13 years before 1.00 before maturity SCHEDULE 4 Procurement and Consultants’ Services Section I. Procurement of Goods and Works Part A: International Competitive Bidding

Time of Prepayment Premium. The interest rate (expressed as a percentage per annum) applicable to the Loan on the day of prepayment, prepayment multiplied by: Not more than three 3 years 0.20 0.18 before maturity More than three 3 years but 0.40 0.35 not more than six 6 years before maturity More than six 6 years but 0.73 0.65 not more than eleven 11 years before maturity More than eleven 11 years but not 0.87 0.88 more than thirteen 15 years before maturity More than thirteen 15 years before 1.00 before maturity Procurement and Consultants’ Services Section I. Procurement of Goods and Works Part A: International Competitive Bidding

Time of Prepayment Premium. The interest rate (expressed as a percentage per annum) applicable to the Loan on the day of prepayment, prepayment multiplied by: Not more than three years 0.20 0.15 before maturity More than three years but 0.40 0.30 not more than six years before maturity More than six years but 0.73 0.55 not more than eleven years before maturity More than eleven years but not 0.87 0.80 more than thirteen sixteen years before maturity More than thirteen sixteen years but not 0.90 more than eighteen years before maturity More than eighteen years before 1.00 before maturity Procurement and Consultants’ Services Section I. Procurement of Goods and Works Part A: International Competitive Bidding

Time of Prepayment Premium. The interest rate (expressed as a percentage per annum) applicable to the Loan on the day of prepayment, prepayment multiplied by: Not more than three years 0.20 before maturity More than three years but 0.40 not more than six years before maturity More than six years but 0.73 not more than eleven 11 years before maturity More than eleven 11 years but not 0.87 more than thirteen 13 years before maturity More than thirteen 13 years before 1.00 before maturity SCHEDULE 4 Procurement and Consultants’ Services Section I. Procurement of Goods and Works Part A: International Competitive Bidding

Time of Prepayment Premium. The interest rate (expressed as a percentage per annum) applicable to the Loan on the day of prepayment, prepayment multiplied by: Not more than three years 0.20 0.15 before maturity More than three years but 0.40 0.30 not more than six years before maturity More than six years but 0.73 0.55 not more than eleven years before maturity More than eleven years but not 0.87 0.80 more than thirteen sixteen years before maturity More than thirteen sixteen years 1.00 but not 0.90 more than eighteen before maturity More than eighteen years before 1.00 maturity SCHEDULE 4 Procurement and Consultants’ Services Section I. Procurement of Goods and Works Part A: International Competitive Bidding

Time of Prepayment Premium. The interest rate (expressed as a percentage per annum) applicable to the Loan on the day of prepayment, prepayment multiplied by: Not more than three years 0.20 before maturity More than three years but 0.40 not more than six years before maturity More than six years but 0.73 not more than eleven 11 years before maturity More than eleven 11 years but not 0.87 more than thirteen 13 years before maturity More than thirteen 13 years before 1.00 before maturity Procurement and Consultants’ Services Section I. Procurement of Goods and Works Part A: International Competitive Bidding

Time of Prepayment Premium. The interest rate (expressed as a percentage per annum) applicable to the Loan on the day of prepayment, prepayment multiplied by: Not more than three years 0.20 before maturity More than three years but 0.40 not more than six years before maturity More than six years but 0.73 not more than eleven 11 years before maturity More than eleven 11 years but not 0.87 more than thirteen 13 years before maturity More than thirteen 13 years before 1.00 before maturity Procurement and Consultants’ Services Section I. SCHEDULE 4 Procurement of Goods and Works Part A: International Competitive Bidding

Time of Prepayment Premium. The interest rate (expressed as a percentage per annum) applicable to the Loan on the day of prepayment, prepayment multiplied by: Not more than three years 0.20 0.18 before maturity More than three years but 0.40 0.35 not more than six years before maturity More than six years but 0.73 0.65 not more than eleven 11 years before maturity More than eleven 11 years but not 0.87 0.88 more than thirteen 15 years before maturity More than thirteen 15 years 1.00 before maturity Procurement and Consultants’ Services Section I. Procurement of Goods and Works Part A: International Competitive Bidding

Time of Prepayment Premium. The interest rate (expressed as a percentage per annum) applicable to the Loan on the day of prepayment, prepayment multiplied by: Not more than three years 0.20 0.15 before maturity More than three years but 0.40 0.30 not more than six years before maturity More than six years but 0.73 0.55 not more than eleven 11 years before maturity More than eleven 11 years but not 0.87 0.80 more than thirteen 16 years before maturity More than thirteen 16 years but not 0.90 more than 18 years before maturity More than 18 years before 1.00 before maturity Procurement and Consultants’ Services Section I. Procurement of Goods and Works Part A: International Competitive Bidding

Time of Prepayment Premium. The interest rate (expressed as a percentage per- centage per annum) applicable to the Loan on the day of prepaymentprepay- ment, multiplied by: Not more than three years 0.20 before maturity More than three years but 0.40 not more than six years before maturity More than six years but 0.73 not more than eleven years before maturity More than eleven years but not 0.87 more than thirteen years before maturity More than thirteen years 1.00 before maturity Procurement and Consultants’ Services Section I. Procurement of Goods and Works Part A: International Competitive Bidding