Common Contracts

INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT

Project Agreement • December 15th, 2004

• Contract Type
  Project Agreement
• Filed
  December 15th, 2004

WHEREAS (A) by the Loan Agreement of even date herewith between Romania (the Borrower) and the Bank, the Bank has agreed to make available to the Borrower an amount in various currencies equivalent to one hundred seventy five million six hundred dollars ($175,600,000), on the terms and conditions set forth in the Loan Agreement, but only on condition that PETROM agree to undertake such obligations toward the Bank as are set forth in this Agreement;