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RESOLUTION OF THE CABINET OF MINISTERS OF UKRAINE

of August 15, 2012 No. 751

About approval of the Procedure for confirmation of accessory of offers concerning financing of investment projects which are supported by Nordic Investment Bank or the European Investment Bank, to coverage of the framework agreements between Ukraine and such banks

The Cabinet of Ministers of Ukraine decides:

Approve the Procedure for confirmation of accessory of offers concerning financing of investment projects which are supported by Nordic Investment Bank or the European Investment Bank, to coverage of the framework agreements between Ukraine and such banks which is applied.

 

Prime Minister of Ukraine
N. Azarov

Approved by the Resolution of the Cabinet of Ministers of Ukraine of August 15, 2012, No. 751

Procedure for confirmation of accessory of offers concerning financing of investment projects which are supported by Nordic Investment Bank or the European Investment Bank, to coverage of the framework agreements between Ukraine and such banks

1. This Procedure determines the mechanism of confirmation of accessory of offers concerning financing of investment projects which are supported by Nordic Investment Bank or the European Investment Bank (further - banks), to coverage of the Framework agreement between Ukraine and Nordic Investment Bank of December 23, 2005 or the Framework

agreements between Ukraine and the European Investment Bank of June 14, 2005, attraction of borrowing facilities on which does not provide emergence of debt obligations of the state (further - confirmation).

2. In this Procedure terms are used in such value:

1) the beneficiary - physical person or legal entity which receives financing for implementation of the investment project;

2) the investment project - the project which is financed by bank directly or through the intermediary and is implemented in the territory of Ukraine or its financing is performed by bank in the territory of Ukraine.

3. Confirmation is performed by posylaniye to banks of the letter on behalf of the Cabinet of Ministers of Ukraine.

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