IBRD Loan Agreement definition
Examples of IBRD Loan Agreement in a sentence
If China fails to make any payments due to IBRD under this Agreement or to perform any of its obligations under this Agreement, and such failure is continuing, IBRD may, by notice to China, suspend or cancel in whole or in part the right of China to make withdrawals under: (a) the IBRD Loan Agreement; and (b) any other loan or credit agreement between China and IBRD.
The Additional Condition of Effectiveness consists of the following: The IBRD Loan Agreement has been executed and delivered and all conditions precedent to the effectiveness of, or to the right of the Borrower to make withdrawals under, said IBRD Loan Agreement have been fulfilled.
If China fails to make any payments due to the Bank under this Agreement or to perform any of its obligations under this Agreement, and such failure is continuing, the Bank may, by notice to China, suspend or cancel in whole or in part the right of China to make withdrawals under: (a) the IBRD) Loan Agreement; and (b) any other loan or credit agreement between China and the Bank.
Unless the context requires otherwise, the capitalized terms used in this Agreement have the meanings ascribed to them in the Standard Conditions, in this Agreement or in the Appendix to the IBRD Loan Agreement.
Unless the context requires otherwise, the capitalized terms used in this Agreement have the meanings ascribed to them in the Standard Conditions, or in the Appendix to this Agreement, the Appendix to the IBRD Loan Agreement or the Appendix to the GEF Grant Agreement.