Development Credit Agreement definition

Development Credit Agreement means the agreement of even date herewith between the Borrower and the Association for the Project, as such agreement may be amended from time to time; and such term includes all schedules and agreements supplemental to the Development Credit Agreement.

Development Credit Agreement wherever used in the General Conditions, means this Development Grant Agreement;

Development Credit Agreement means the agreement of even date herewith between the Recipient and the Association for the Project, as such agreement may be amended from time to time; and such term includes the “General Conditions Applicable to Development Credit Agreements” of the Association, dated January 1, 1985, as applied to such agreement, and all schedules and agreements supplemental to the Development Credit Agreement;

Examples of Development Credit Agreement in a sentence

• The Association agrees to lend to the Borrower, on the terms and conditions set forth or referred to in the Development Credit Agreement, an amount in various currencies equivalent to one million five hundred thousand Special Drawing Rights (SDR 1,500,000).

• The amount of the Loan may be withdrawn from the Loan Account in accordance with the provisions of Schedule 1 to the Development Credit Agreement for expenditures made (or, if the Bank shall so agree, to be made) in respect of the reasonable cost of goods and services required for the Project described in Schedule 2 to the Development Credit Agreement and to be financed out of the proceeds of the Loan.

• The following event is specified as an additional condition to the effectiveness of the Development Credit Agreement within the meaning of Section l2.Ol (b) of the General Conditions, namely, that all conditions precedent to the effectiveness of the Loan Agreement have been fulfilled.

• Pursuant to Section 6.02(p) of the General Conditions, the following events are specified, namely, the events set out in Section 5.01 of the Development Credit Agreement.

• If the Development Credit Agreement terminates prior to the termination of this Agreement, the provisions of the Development Credit Agreement referred to in this Agreement shall continue in full force and effect between the Borrower and the Bank.

More Definitions of Development Credit Agreement

Development Credit Agreement means the agreement No. 3483-RW, dated April 25, 2001, between the Recipient and the Association for the Rural Sector Support Project (as hereinafter defined), as such agreement may be amended from time to time; and such term includes all schedules and agreements supplemental to the Development Credit Agreement;

Development Credit Agreement is modified to read “Development Grant Agreement”.

Development Credit Agreement wherever used in the General Conditions, means this ARTF Grant Agreement.

Development Credit Agreement wherever used in the General Conditions, means this Agreement except that in Section 6.02 (a), the term “ Development Credit Agreement” means the XXX Credit Agreement;

Development Credit Agreement means the Development Credit Agreement entered into on the 9th day of January, 1992, between the Republic of Uganda and the International Development Association;

Development Credit Agreement means the Development Credit Agreement of even date herewith between the Association and the Borrower, and such term includes the General Conditions Applicable to Development Credit Agreements of the Association dated January 31, 1969, as made applicable thereto, all agreements supplemental to such Agreement and all schedules thereto, as such Agreement, supplemental agreements and schedules may be amended from time to time;

Development Credit Agreement means this Agreement;