Common Contracts

Project Agreement (Housing Project) between

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 Albania (the Borrower) and the Association, the Association has agreed to make available to the Borrower an amount in various currencies equivalent to ten million six hundred thousand Special Drawing Rights (SDR 10,600,000), on the terms and conditions set forth in the Development Credit Agreement, but only on condition that NHA agree to undertake such obligations toward the Association as are set forth in this Agreement;