Project AgreementProject Agreement • February 5th, 2021
Contract Type FiledFebruary 5th, 2021WHEREAS: (A) By the Development Credit Agreement of even date herewith between Mongolia (the “Borrower”) and the Association, the Association has agreed to make available to the Borrower an amount in various currencies equivalent to eight million nine hundred thousand Special Drawing Rights (SDR 8,900,000), on the terms and conditions set forth in the Development Credit Agreement, but only on condition that each of the Golomt Bank and Trade and Development Bank take such obligations toward the Association as are set forth in this Agreement; and