of August 4, 2011
About financing (Additional financing for the draft of the prevention of emergency situations)
This agreement of August 4, 2011 is signed between the KYRGYZ REPUBLIC ("Receiver") and INTERNATIONAL DEVELOPMENT ASSOCIATION ("Association") for the purpose of provision of additional financing for the Original Project (according to determination in Amendment to this agreement). The receiver and Association agree as follows present:
1.01. General terms (according to the definition given in Amendment to this agreement) constitute integral part of this agreement.
1.02. If other does not follow from context, the terms designated by capital letters which are used in this agreement have the corresponding values assigned to them General terms or Amendment to this agreement.
2.01. The association agrees to provide to the Receiver - for terms and on the conditions stated or mentioned within this agreement - grant in the amount of, equivalent 1 000 000 (one million dollars) special drawing rights (700 000 SPZ) ("Financing") for assistance to financing of the project described in Appendix 1 to this agreement (Project):
2.02. The receiver can make selection of means of Financing according to provisions of the Section IV of Appendix 2 to this agreement.
2.03. The maximum size of the commission for reservation of not chosen balance of financing paid by the Receiver constitutes half of one percent (1/2 from 1%) in year.
2.04 Payment due dates are on April 15 and on October 15 every year.
2.05 Payment currency is the US dollar.
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