Common Contracts
1 similar Framework Financing Agreement contracts
FRAMEWORK FINANCING AGREEMENTFramework Financing Agreement • August 16th, 2017
Parties This Framework Financing Agreement (“FFA”) dated 14 August 2017 is between the Democratic Socialist Republic of Sri Lanka (“Sri Lanka”), and Asian Development Bank (“ADB”). MFF Investment Program Sri Lanka is committed to and will implement the Second Integrated Road Investment Program, which is an integral part of Sri Lanka’s investment plan for rural road connectivity “(Rural Road Connectivity Program”). Both the Rural Road Connectivity Program and the Investment Program are described in Schedule 1 here to. The total cost of the Investment Program over the period 2017 to 2027 is expected to be $1,084,600,000 equivalent. Multitranche Financing Facility The Multitranche Financing Facility (the Facility) is intended to finance individual projects under the Investment Program applying time-slice modality, provided that such projects comply with the criteria set out in Schedule 4 hereto and that understandings set out in this FFA are complied with. These may include: (i) Roa
