Dated June 2, 1994 TIANJIN PROJECT AGREEMENTTianjin Project Agreement • December 14th, 2004
WHEREAS by the Loan Agreement of even date herewith between People’s Republic of China (the Borrower) and the Bank, the Bank has agreed to make available to the Borrower an amount in various currencies equivalent to one hundred fifty million dollars ($150,000,000), on the terms and conditions set forth in the Loan Agreement, but only on condition that Tianjin Municipality agree to undertake such obligations toward the Bank as are set forth in this Agreement and that the Financial Intermediaries agree to undertake such obligations toward the Bank as are set forth in the Financial Intermediaries Project Agreement; and
