Common Contracts

PROJECT AGREEMENT

Project Agreement • December 16th, 2004

• Contract Type
  Project Agreement
• Filed
  December 16th, 2004

WHEREAS (A) by the Development Credit Agreement of even date herewith between Republic of Mozambique (the Borrower) and the Association, the Association has agreed to lend to the Borrower an amount in various currencies equivalent to nineteen million two hundred thousand Special Drawing Rights (SDR 19,200,000), on the terms and conditions set forth in the Development Credit Agreement, but only on condition that BM agree to undertake such obligations toward the Association as are set forth in this Agreement;