Common Contracts

Project Agreement

Project Agreement • December 15th, 2004

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

WHEREAS: (A) By the Development Credit Agreement of even date herewith between the Lao People’s Democratic Republic (the “Borrower”) and the Association, the Association has agreed to make available to the Borrower an amount in various currencies equivalent to twenty-five million seven hundred thousand Special Drawing Rights (SDR 25,700,000), on the terms and conditions set forth in the Development Credit Agreement, but only on conditions that EDL agree to undertake such obligations toward the Association as are set forth in this Agreement;