Other Obligations. (a) The Guarantor shall not impose any direct or indirect taxes on foreign consultants employed by the Bank or the Borrower in the implementation of the Project and financed out of the proceeds of the Loan or any technical cooperation funds made available by the Bank;
Other Obligations. The Guarantor shall ensure that the proceeds of the Loan and any technical cooperation funds shall not be used for financing of Taxes levied by, or in the territory of, the Guarantor in respect of all goods, works and services (including consultancy services) procured by the Borrower for the purposes of the Project. This Agreement shall become effective in accordance with Article IX of the Standard Terms and Conditions and upon the corresponding ratification of this Agreement by the national assembly of the Republic of Serbia.
Other Obligations. The Guarantor shall exempt from taxes (including, without limitation, VAT) and duties (including, without limitation, any customs duties) all goods, works and services (including consultancy services), procured by the Borrower for the Project and financed from the proceeds of the Loan or any technical cooperation funds made available by the Bank. This Agreement shall become effective in accordance with Article 9.01 of the Standard Terms and Conditions. Notices shall meet the language requirements of Section 10.04 of the Standard Terms and Conditions and the following addresses are specified for purposes of Section 10.01 of the Standard Terms and Conditions, except that any notice shall be deemed to be delivered if by hand, mail, or in pdf or similar format by electronic mail: For the Guarantor: Ministry of Finance of the Republic of Serbia 00 Xxxxx Xxxxxx Xxxxxx 11000 Belgrade The Republic of Serbia Attention: Minister of Finance Email: xxxxxxx@xxxx.xxx.xx For EBRD: European Bank for Reconstruction and Development 0 Xxxx Xxxxxx London E14 4BG United Kingdom Attention: Operation Administration Department / Operation No. 53488 Telephone: +00 00 0000 0000 Email: xxx@xxxx.xxx For purposes of Section 9.03(b) of the Standard Terms and Conditions and in accordance with Section 6.02(b) of the Loan Agreement, the opinion or opinions of counsel shall be given on behalf of the Guarantor by the Minister of Justice. By: Name: Xxx XXXXXXXX Title: State Secretary in the Ministry of Finance By: Name: XXXXXX XXXXXXXXX Title: DIRECTOR, REGIONAL HEAD OF WESTERN BALKANS ČLAN I - STANDARDNI USLOVI POSLOVANJA; DEFINICIJE.......................................
Other Obligations. (a) The Guarantor shall, by 31 December 2013, implement the Performance Contract for the financing of railway infrastructure between the Guarantor and the Infrastructure Manager.
Other Obligations. (a) The Guarantor shall ensure that appropriate state budget allocations are made and maintained in sufficient amounts to cover the payment obligations arising under the Loan Agreement and this Agreement in a timely manner, so as to ensure the punctual performance of the obligations under the Loan Agreement and this Agreement.
Other Obligations. The Guarantor shall not impose any direct or indirect taxes on foreign consultants employed by the Bank, the Borrower or the Project Entity in the implementation of the Project and financed out of the proceeds of the Loan, the EWBJF Grants or any technical cooperation or other grant funds made available from time to time by the Bank in relation to the Project. The Guarantor shall further not impose any direct or indirect taxes on the Borrower or the Project Entity in respect of the proceeds of the EWBJF Grants or such other technical cooperation or other grant funds made available to them for the purposes of the Project. This Agreement shall become effective in accordance with Article IX of the Standard Terms and Conditions and upon the corresponding ratification of this Agreement by the National Assembly of the Republic of Serbia.
Other Obligations. The Guarantor shall exempt from taxes (including, without limitation, VAT) and duties (including, without limitation, any customs duties) all goods, works and services (including consultancy services), procured by the Borrower for the Project and financed from the proceeds of the Loan or any technical cooperation funds made available by the Bank. This Agreement shall become effective in accordance with Article 9.01 of the Standard Terms and Conditions. Notices shall meet the language requirements of Section 10.04 of the Standard Terms and Conditions. The following addresses are specified for purposes of Section 10.01 of the Standard Terms and Conditions, except that any notice shall be deemed to be delivered if by hand, mail, or in pdf or similar format by electronic mail: For the Guarantor: Ministry of Finance of the Republic of Serbia 00 Xxxxx Xxxxxx Xxxxxx 11000 Belgrade Serbia Attention: Minister of Finance Email: xxxxxxx@xxxx.xxx.xx For EBRD: European Bank for Reconstruction and Development Five Bank Street London E14 United Kingdom Attention: Operation Administration Department / Operation No. 53274 Telephone: +00 00 0000 0000 Email: xxx@xxxx.xxx For purposes of Section 9.03(b) of the Standard Terms and Conditions and in accordance with Section 6.03(b) of the Loan Agreement, the opinion of counsel shall be given on behalf of the Guarantor by the Ministry of Justice.
Other Obligations. (a) The Borrower does not comply with any provision of the Finance Documents (other than those referred to in Clause 20.1 (Non- payment)).
Other Obligations. (a) The Borrower does not comply with any provision of this Agreement and/or any Project Document to which it is a party (other than those referred to in Clause (Non-payment)).
Other Obligations. The Guarantor shall exempt from VAT and customs duties all goods, works and services (including consultancy services), procured by the Borrower for the Project and financed from the proceeds of the Loan, or provide for their reimbursement. This Agreement shall become effective in accordance with Article IX of the Standard Terms and Conditions, including following meeting the condition for ratification of this Agreement by the National Assembly of the Republic of Serbia.