Recitals and Schedules. The Recitals and following Schedules form part of this Contract: Schedule A Form of Allocation Request Schedule B Definition of EURIBOR and LIBOR Schedule C1 Form of Disbursement Request Schedule C2 Form of Certificate from the Borrower Schedule D Interest Rate Revision and Conversion IN WITNESS WHEREOF the parties hereto have caused this Contract to be executed in 6 (six) originals in the English language and have initialled each page of this Contract on their behalf. Signed for and on behalf of NATIONAL BANK OF SERBIA The Governor Ms Xxxxxxxxxx XXXXXXXXX A. EURIBOR “EURIBOR” means:
(a) in respect of a relevant period of less than one month, the Screen Rate (as defined below) for a term of one month;
(b) in respect of a relevant period of one or more months for which a Screen Rate is available, the applicable Screen Rate for a term for the corresponding number of months; and
(c) in respect of a relevant period of more than one month for which a Screen Rate is not available, the rate resulting from a linear interpolation by reference to two Screen Rates, one of which is applicable for a period next shorter and the other for a period next longer than the length of the relevant period, (the period for which the rate is taken or from which the rates are interpolated being the “Representative Period”). For the purposes of paragraphs (b) and (c) above, “available” means the rates, for given maturities, that are calculated and published by Global Rate Set Systems Ltd (GRSS), or such other service provider selected by the European Money Markets Institute (EMMI), under the sponsorship of EMMI EURIBOR ACI, or any successor to that function of EMMI and EURIBOR ACI as determined by the Bank. “Screen Rate” means the rate of interest for deposits in EUR for the relevant period as published at 11h00, Brussels time, or at a later time acceptable to the Bank on the day (the “Reset Date”) which falls 2 (two) Relevant Business Days prior to the first day of the relevant period, on Reuters page EURIBOR 01 or its successor page or, failing which, by any other means of publication chosen for this purpose by the Bank. If such Screen Rate is not so published, the Bank shall request the principal euro-zone offices of four major banks in the euro-zone, selected by the Bank, to quote the rate at which EUR deposits in a comparable amount are offered by each of them as at approximately 11h00, Brussels time, on the Reset Date to prime banks in the euro-zone interbank market for a peri...
Recitals and Schedules. The Recitals and following Schedules form part of this Contract: Schedule A Technical Descriprion and Reporting Schedule B Definitions of EURIBOR Schedule C Forms for Borrower Schedule D Interest Rate Revision and Conversion Signed for and on behalf of THE REPUBLIC OF SERBIA Signed for and on behalf of EUROPEAN INVESTMENT BANK A.1 Technical Description (Article 6.2) The project, which aims to substantially improve the provision of tertiary healthcare services to the vast majority of the population of Serbia, comprises the design, construction, equipping and implementation of new build and major refurbishment of existing buildings at four Clinical Centres located at Belgrade, Nis, Novi Sad and Kragujevac in the Republic of Serbia. It also includes a number of smaller supporting investments at the four sites. The project comprises the following components:
a) Clinical Centre Belgrade – This sub-project is divided into 2 phases. Phase 1: Completion of part of the existing podium, construction of a new tower, construction of new technical buildings and parking areas. Phase 2: Renovation of the remaining existing building. The total area impacted bu the sub-project is approximately 150,000 sqm.
b) Clinical Centre Kragujevac – it concern the constrction of a new building, reconstruction of existing medical infrastructure, construction of new technical blocks, landscape works, roads, parking areas and sidewalks. The total area of influence of the project is approximately 30,000 sqm.
Recitals and Schedules. The Recitals and following Schedules form part of this Contract: Schedule A Technical Description and Reporting Schedule B Definitions of EURIBOR and LIBOR Schedule C Forms for Borrower Schedule D Interest Rate Revision and Conversion IN WITNESS WHEREOF the parties hereto have caused this Contract to be executed in 6 (six) originals in the English language and to be initialled on each page of this Contract on their behalf.
Recitals and Schedules. 19 15.2 ENTIRE AGREEMENT 19 15.3 EFFECTIVENESS OF THIS CONTRACT 19 FORM OF DEMAND NOTICE 21
(a) Pursuant to a finance contract dated 28 June 2024 and entered into between the Bank and ELEKTRODISTRIBUCIJA SRBIJE DOO BEOGRAD (the "Borrower") (the "Finance Contract"), the Bank has agreed to grant in favour of the Borrower a credit in the amount of EUR 80,000,000.00 (Eighty million euros).
(b) As a condition precedent to any disbursement under the Finance Contract, the Borrower (acting as donneur d’ordre) has undertaken that the Guarantor shall, and the Guarantor has agreed to, grant a professional payment guarantee (garantie professionnelle de paiement) in favour of the Bank (the "Guarantee") pursuant to this guarantee agreement (the "Guarantee Agreement"). The Guarantee is governed by the Luxembourg Law of 10 July 2020 on professional payment guarantees (the “Law on Professional Payment Guarantees”), which the Guarantor declares to have full knowledge of.
(c) On 11 May 2009, the Republic of Serbia concluded with the Bank a Framework Agreement governing the Bank's activities in the Republic of Serbia (the "Framework Agreement"). The financing provided pursuant to the Finance Contract falls under the scope of the Framework Agreement. In this Guarantee Agreement, unless a contrary indication appears:
(a) any reference to:
(i) the "Guarantor", the "Bank" the "Borrower" shall be construed as to include its and any subsequent successors in title, permitted assigns and permitted transferees;
(ii) this " Guarantee", this "Guarantee Agreement" or any other agreement or instrument is a reference to such agreement or instrument as amended, novated, supplemented, extended or restated from time to time; (iii) a "person" includes any person, firm, company, corporation, government, state or agency of a state or any association, trust or partnership (whether having separate legal personality or not);
(iv) a regulation" includes any regulation, rule, official directive, request or guideline (whether or not having the force of law) of any governmental, intergovernmental or supranational body, agency, department or regulatory, self-regulatory or other authority or organisation;
Recitals and Schedules. 19 15.2 ENTIRE AGREEMENT 19 15.3 EFFECTIVENESS OF THIS CONTRACT…………………………………………………...……19
Recitals and Schedules. The Recitals and following Schedules form part of this Contract: Schedule A Form of Allocation Request Schedule B Definition of EURIBOR and LIBOR Schedule C1 Form of Disbursement Request Schedule C2 Form of Certificate from the Borrower Schedule D Interest Rate Revision and Conversion IN WITNESS WHEREOF the parties hereto have caused this Contract to be executed in four (4) originals in the English language and have initialled each page of this Contract on their behalf. Belgrade, 30 December 2013 Luxembourg, 30 December 2013 Signed for and on behalf of REPUBLIC OF SERBIA Signed for and on behalf of EUROPEAN INVESTMENT BANK The Minister of Finance The Managerial Advisor The Legal Counsel Xxxxx XXXXXX Xxxxxxx XXXXXXXXX Xxxxxxxxxx CAGNATO Signed for and on behalf of NATIONAL BANK OF SERBIA The Governor Xxxxxxxxxx XXXXXXXXX
Recitals and Schedules. The Recitals and following Schedules form part of this Contract: Schedule A Form of Allocation Request Schedule B Definition of EURIBOR and LIBOR Schedule C1 Form of Disbursement Request Schedule C2 Form of Certificate from the Borrower Schedule D Interest Rate Revision and Conversion IN WITNESS WHEREOF the parties hereto have caused this Contract to be executed in four (4) originals in the English language and have initialled each page of this Contract on their behalf. Belgrade, 30 December 2013 Luxembourg, 30 December 2013 Signed for and on behalf of NATIONAL BANK OF SERBIA A. EURIBOR “EURIBOR” means:
Recitals and Schedules. The Recitals and following Schedules form part of this Contract: Schedule A Form of Allocation Request Schedule B Definition of EURIBOR and LIBOR Schedule C1 Form of Disbursement Request Schedule C2 Form of Certificate from the Borrower Schedule D Interest Rate Revision and Conversion IN WITNESS WHEREOF the parties hereto have caused this Contract to be executed in four (4) originals in the English language and have initialled each page of this Contract on their behalf. Belgrade, 30 December 2013 Luxembourg, 30 December 2013 Signed for and on behalf of REPUBLIC OF SERBIA Signed for and on behalf of EUROPEAN INVESTMENT BANK Xxxxx XXXXXX Xxxxxxx XXXXXXXXX Xxxxxxxxxx CAGNATO Signed for and on behalf of NATIONAL BANK OF SERBIA
A. EURIBOR “EURIBOR” means:
Recitals and Schedules. The Recitals and following Schedules form part of this Contract: Schedule A Form of Allocation Request Schedule B Definition of EURIBOR and LIBOR Schedule C1 Form of Disbursement Request Schedule C2 Form of Certificate from the Borrower Schedule D Interest Rate Revision and Conversion Signed for and on behalf of REPUBLIC OF SERBIA Signed for and on behalf of EUROPEAN INVESTMENT BANK The Ministry of Finance The Vice-President Xx Xxxxx XXXXXXX Xx Xxxxx XXXXXXXXXXX Signed for and on behalf of NATIONAL BANK OF SERBIA The Governor Ms Xxxxxxxxxx XXXXXXXXX
Recitals and Schedules. The Recitals and following Schedules form part of this Contract: Schedule A Technical Description and Reporting Schedule B Definitions of EURIBOR and LIBOR Schedule C Forms for Borrower Schedule D Interest Rate Revision and Conversion Signed for and on behalf of THE REPUBLIC OF SERBIA Signed for and on behalf of EUROPEAN INVESTMENT BANK