Common use of Allocation Procedure Clause in Contracts

Allocation Procedure. 1.9A Allocation Requests Between the Date of Effectiveness and 3 (three) months prior to the Final Availability Date, and unless otherwise specifically agreed to in writing by the Bank, the Borrower shall procure that the Promoter shall submit for approval of the Bank one or more allocation requests (each an "Allocation Request") in line with the progress of disbursements. If the Promoter has not delivered by 3 (three) months prior to the Final Availability Date an Allocation Request, the Bank may cancel the Credit. All the schemes must be co-financed by at least two sources of funds, including the Loan (e.g. State Funds, EU Funds). Each scheme to be allocated under this Contract will be subject to separate ad hoc appraisal by the Bank. 1.9B Allocation Following such examination of a scheme as the Bank deems necessary, the Bank shall, at its discretion, either approve or decline the relevant Allocation Request and advise the Promoter of its decision. The Bank reserves the right to review the allocation procedures in view of the development of the Project. In the event of approval the Bank shall issue to the Promoter a letter ( a "Letter of Allocation") specifying the portion of the Credit ( an "Allocation") allocated to the eligible scheme in question. The individual schemes shall be subject to approval of the Bank before allocation of the loan’s funds to the scheme. For this purpose, the Promoter shall provide relevant information. The nature and extent of the information shall be at the discretion of the Bank. In particular, the Promoter shall provide to the Bank the following documents for scheme proposed for allocation and considering its cumulative effects: (a) for the schemes requiring an Environmental and Social Impact Assessment (ESIA) due to national legislation or the Environmental and Social Standards, the ESIA report, environmental consent issued by the competent authority and evidence that a public consultation took place. (b) for the schemes in respect of which the relevant national competent authorities have concluded that an Environmental Impact Assessment (EIA) is not required, information as per Xxxxx XX.A of the EIA Directive and the screening out decision. (c) evidence of absence of significant impacts on protected sites.

Allocation Procedure. 1.9A Allocation Requests Between the Effectiveness Date of Effectiveness this Contract and 3 the Allocation Date (three) months prior to as defined in the Final Availability DateTechnical Side Letter), and unless otherwise specifically agreed to in writing by the Bank, the Borrower shall procure that the Promoter shall submit for approval of the Bank one or more allocation requests (each an "Allocation Request") in line with the progress of disbursements. If The Loan may solely be allocated to schemes identified as eligible for financing in the Technical Description. In order for a scheme to qualify for financing hereunder, the Promoter has not delivered by 3 must comply with the allocation procedure modulated according to scheme size in line with applicable framework loan procedures, as set out in this Article 1.9 and in Annex I of the Technical Side Letter (three) months prior to the Final Availability Date an "Allocation Request, the Bank may cancel the Credit. All the schemes must be co-financed by at least two sources of funds, including the Loan (e.g. State Funds, EU FundsProcedure"). Each The Promoter shall verify compliance with the relevant and applicable rules of EU and legislation of the Republic of Serbia, in particular in the fields of environment, social, state aid, public procurement and energy efficiency at the time of requesting scheme to be allocated under this Contract will be subject to separate ad hoc appraisal by the Bankallocation. 1.9B Allocation Following such examination of a scheme as the Bank deems necessary, the Bank shall, at its discretion, either approve or decline the relevant Allocation Request and advise the Promoter of its decision. In the event of approval the Bank shall issue to the Promoter a letter (a "Letter of Allocation") specifying the portion of the Credit (an "Allocation") allocated to the eligible scheme in question. The Bank reserves the right to review the allocation procedures in view of the development of the Project. In 1.9C Re-allocation If the event of approval Promoter would like to reallocate any scheme already included in an allocation, they shall provide the Bank shall issue with appropriate information about the new schemes, in accordance with the format and instructions given above, subject to the Bank’s due diligence and approval. If the Promoter does not request a letter ( a "Letter of Allocation"re-allocation the Borrower shall prepay the Loan in accordance with Article 4.2.B. 1.9D EIB Allocation Report (a) specifying The Borrower shall procure that the portion Promoter shall establish and maintain an internal reporting system for the monitoring of the Credit ( an "Allocation"Allocations (the “EIB Allocation Report”). (b) allocated to the eligible scheme in question. The individual schemes Borrower shall be subject to approval of the Bank before allocation of the loan’s funds to the scheme. For this purpose, procure that the Promoter shall provide relevant information. The nature and extent of the Bank with the EIB Allocation Report including information shall be on all Projects to which allocations have been made under this Contract at the discretion of the Bank. In particular, the Promoter shall provide to the Bank the following documents for scheme proposed for allocation and considering its cumulative effects: (a) for the schemes requiring an Environmental and Social Impact Assessment (ESIA) due to national legislation or the Environmental and Social Standards, the ESIA report, environmental consent issued by the competent authority and evidence that a public consultation took place. (b) for the schemes in respect of which the relevant national competent authorities have concluded that an Environmental Impact Assessment (EIA) is not required, information as per Xxxxx XX.A of the EIA Directive and the screening out decision’s request. (c) evidence of absence of significant impacts on protected sites.

Allocation Procedure. 1.9A Allocation Requests Between the Date date of Effectiveness this Contract and 3 (three) months prior to the Final Availability Date, and unless otherwise specifically agreed to in writing by the Bank, the Borrower shall procure that the Promoter shall submit for approval of the Bank one or more allocation requests (each an "‘‘Allocation Request"’’) in line with the progress of disbursements. If the Promoter has not delivered by 3 (three) months prior to the Final Availability Date an Allocation Request, the Bank may cancel the Credit. All the schemes must be co-financed by at least two sources of funds, including the Loan (e.g. State Funds, EU Funds). Each For each scheme to be allocated allocated, the Promoter will send ex-ante a completed allocation request, in accordance with the Project Fiche under this Contract Schedule F and subject to the Bank’s approval. The allocation request will be subject to separate ad hoc appraisal accompanied by the Bank. additional project documents as specified in A.1 of Schedule A and Schedule F; 1.9B Allocation Following such examination of a scheme project as the Bank deems necessary, the Bank shall, at its discretion, either approve or decline the relevant Allocation Request and advise the Promoter of its decision. In the event of approval the Bank shall issue to the Promoter a letter (hereinafter a ‘‘Letter of Allocation’’). The Bank reserves the right to review the allocation procedures in view of the development of the Project. In 1.9C Re-allocation If the event of approval Promoter would like to reallocate any scheme already included in an allocation, they shall provide the Bank shall issue with appropriate information about the new schemes, in accordance with the format and instructions given above, subject to the Bank’s due diligence and approval. If the Promoter does not request a letter ( a "Letter of Allocation"re-allocation the Borrower shall prepay the Loan in accordance with Article 4.2B. 1.9D EIB Allocation Report a) specifying The Borrower shall procure that the portion Promoter shall establish and maintain an internal reporting system for the monitoring of the Credit ( an "Allocation"Allocations (the “EIB Allocation Report”); and b) allocated to the eligible scheme in question. The individual schemes Borrower shall be subject to approval of the Bank before allocation of the loan’s funds to the scheme. For this purpose, procure that the Promoter shall provide relevant information. The nature and extent of the Bank with the EIB Allocation Report including information shall be on all Projects to which allocations have been made under this Contract at the discretion of the Bank. In particular, the Promoter shall provide to the Bank the following documents for scheme proposed for allocation and considering its cumulative effects: (a) for the schemes requiring an Environmental and Social Impact Assessment (ESIA) due to national legislation or the Environmental and Social Standards, the ESIA report, environmental consent issued by the competent authority and evidence that a public consultation took place. (b) for the schemes in respect of which the relevant national competent authorities have concluded that an Environmental Impact Assessment (EIA) is not required, information as per Xxxxx XX.A of the EIA Directive and the screening out decision’s request. (c) evidence of absence of significant impacts on protected sites.

Allocation Procedure. 1.9A Allocation Requests Between the Date date of Effectiveness this Contract and 3 (three) months prior to the Final Availability Date, and unless otherwise specifically agreed to in writing by the Bank, the Borrower shall procure that the Promoter shall submit for approval of the Bank one or more allocation requests (each an "‘‘Allocation Request"’’) in line with the progress of disbursements. If the Promoter has not delivered by 3 (three) months prior to the Final Availability Date an Allocation Request, the Bank may cancel the Credit. All the schemes must be co-financed by at least two sources of funds, including the Loan (e.g. State Funds, EU Funds). Each For each scheme to be allocated allocated, the Promoter will send ex-ante a completed allocation request, in accordance with the Project Fiche under this Contract Schedule F and subject to the Bank’s approval. The allocation request will be subject to separate ad hoc appraisal accompanied by the Bank. additional project documents as specified in A.1 of Schedule A and Schedule F; 1.9B Allocation Following such examination of a scheme project as the Bank deems necessary, the Bank shall, at its discretion, either approve or decline the relevant Allocation Request and advise the Promoter of its decision. In the event of approval the Bank shall issue to the Promoter a letter (hereinafter a ‘‘Letter of Allocation’’). The Bank reserves the right to review the allocation procedures in view of the development of the Project. In 1.9C Re-allocation If the event of approval Promoter would like to reallocate any scheme already included in an allocation, they shall provide the Bank shall issue with appropriate information about the new schemes, in accordance with the format and instructions given above, subject to the Bank’s due diligence and approval. If the Promoter does not request a letter ( a "Letter of Allocation"re-allocation the Borrower shall prepay the Loan in accordance with Article 4.2B. 1.9D EIB Allocation Report (a) specifying The Borrower shall procure that the portion Promoter shall establish and maintain an internal reporting system for the monitoring of the Credit ( an "Allocation"Allocations (the “EIB Allocation Report”); and (b) allocated to the eligible scheme in question. The individual schemes Borrower shall be subject to approval of the Bank before allocation of the loan’s funds to the scheme. For this purpose, procure that the Promoter shall provide relevant information. The nature and extent of the Bank with the EIB Allocation Report including information shall be on all Projects to which allocations have been made under this Contract at the discretion of the Bank. In particular, the Promoter shall provide to the Bank the following documents for scheme proposed for allocation and considering its cumulative effects: (a) for the schemes requiring an Environmental and Social Impact Assessment (ESIA) due to national legislation or the Environmental and Social Standards, the ESIA report, environmental consent issued by the competent authority and evidence that a public consultation took place. (b) for the schemes in respect of which the relevant national competent authorities have concluded that an Environmental Impact Assessment (EIA) is not required, information as per Xxxxx XX.A of the EIA Directive and the screening out decision’s request. (c) evidence of absence of significant impacts on protected sites.

Allocation Procedure. 1.9A Allocation Requests Between the Date of Effectiveness and 3 (three) months prior The Bank’s loan will be allocated to the Final Availability Dateeligible schemes in line with measures listed in the technical description with procedures commensurate with the scheme size and in line with applicable loan procedures: Eligible schemes with an investment cost below EUR 25m (twenty five million euros) are submitted to the Bank for approval before allocating Bank funds to the schemes, and unless otherwise specifically agreed using a template as defined in Schedule F. The Bank keeps the right to ask for additional information. A partial or in-depth appraisal of the scheme will be undertaken, if judged necessary. Appraisal of such schemes may result in additional conditions and/or undertakings that will be stated in the Allocation Letter. Should the Borrower not accept these conditions/undertakings it should inform the Bank in writing within 10 (ten) days from the receipt of the Allocation Letter and the Bank will proceed with reallocation; Eligible schemes with a cost above EUR 25m (twenty five million euros) are to be treated, in principle, as separate loans and appraised separately by the Bank, the Borrower shall procure that the Promoter shall submit for approval of the Bank one or more allocation requests (each an "Allocation Request") in line with the progress of disbursements’s services. If the Promoter has not delivered by 3 (three) months prior to the Final Availability Date an Allocation Request, the Bank may cancel the Credit. All the schemes must be co-financed by at least two sources of funds, including the Loan (e.g. State Funds, EU Funds). Each scheme to be allocated under this Contract Schemes will be subject to separate ad hoc appraisal by the Bank. 1.9B Allocation Following such examination of a scheme as the Bank deems necessary, the Bank shall, at its discretion, either approve or decline the relevant Allocation Request and advise the Promoter of its decision. The Bank reserves the right to review the allocation procedures in view of the development of the Project. In the event of approval the Bank shall issue to the Promoter a letter ( a "Letter of Allocation") specifying the portion of the Credit ( an "Allocation") allocated to the eligible scheme in question. The individual schemes shall be subject to approval of the Bank before allocation of the loan’s funds to the scheme. For this purposeThe Promoter shall provide documentation requested by the Bank, at its discretion, as individually indicated by the Bank to the Promoter. Appraisal of such schemes may result in additional conditions and/or undertakings that will be stated in the Allocation Letter. Should the Borrower not accept these conditions/undertakings it should inform the Bank in writing within 10 (ten) days from the receipt of the Allocation Letter and the Bank will proceed with reallocation; The Promoter should provide together with an allocation request the documentation required for procurement monitoring for all contracts subject to national procurement procedures and signed prior to the date of the allocation request (unless it has been provided with the previous allocations); Prior to allocating financing to a scheme entailing new construction, the Promoter shall provide relevant information. The nature and extent submit to the Bank (where required): A copy of the information shall be at the discretion of ESIA report (environmental and social impact assessment), including a non-technical summary, satisfactory to the Bank. In particular; The EIA approval or the Environmental Permit issued by the relevant Authorities in Serbia, as well as relevant Ecological Permit or Habitats form; The Environmental and Social Management Plans (ESMP); The Resettlement Action Plan (RAP); For schemes related to upgrading infrastructure or facilities along the same alignment or on the same premises, the Promoter needs to submit the screening document which states whether a full EIA is required or not prior to disbursement against each such scheme. If screening results in the need for a full EIA then the conditions mentioned above for new construction will apply. The eligibility criteria include a requirement for the Promoter to verify the compliance of the schemes with the relevant and applicable Bank’s policies and guidelines as well as Serbian law. All schemes shall provide be technically, economically and financially viable and sustainable, comply with the Bank’s environmental and social standards1, and be undertaken following the procedures as described in the Bank’s Guide to Procurement. The following costs will not be eligible for Bank financing: recoverable VAT and other taxes and duties, land acquisition, maintenance and operating costs, purchase of licences and interest during construction. The information below has to be sent to the Bank under the following documents for scheme proposed for allocation responsibility of: Financial Contact Technical Contact Company Government of the Republic of Serbia Public Investment Management Office (PIMO) Government of the Republic of Serbia Public Investment Management Office (PIMO) Contact person Xxxxxx Xxxxxxxxxxx Xxxxxx Xxxxxxxxxxx Title Function / Department financial and considering its cumulative effects: technical Acting Deputy Director Acting Deputy Director Address Xxxxxxxxx 00 Xxxxxxxx Xxxxxxxxx 00 Xxxxxxxx Phone +000 (a0) 00 0000-000 +000 (0) 00 0000-000 Fax +000 (0) 00 0000-000 +000 (0) 00 0000-000 Email xxxxxx.xxxxxxxxxxx@xxxxxx.xxx.xx xxxxxx.xxxxxxxxxxx@xxxxxx.xxx.xx The above-mentioned contact person(s) is (are) the responsible contact(s) for the schemes requiring an Environmental and Social Impact Assessment (ESIA) due to national legislation or time being. The Promoter shall inform the Environmental and Social Standards, the ESIA report, environmental consent issued by the competent authority and evidence that a public consultation took place. (b) for the schemes EIB immediately in respect case of which the relevant national competent authorities have concluded that an Environmental Impact Assessment (EIA) is not required, information as per Xxxxx XX.A of the EIA Directive and the screening out decisionany change. (c) evidence of absence of significant impacts on protected sites.