Zakon o potvrđivanju Finansijskog ugovora Železnička pruga Niš - Dimitrovgrad B između Republike Srbije i Evropske investicione banke

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Član 6.1 Zakon o potvrđivanju Finansijskog ugovora Železnička pruga Niš - Dimitrovgrad B između Republike Srbije i Evropske investicione banke – Use of Loan and availability of other funds

Section6.1

Use of Loan and availability of other funds

The Borrower shall ensure that all amounts borrowed by it under this Contract are made available to the Promoter and the Final Beneficiary exclusively for the financing of the Project and in such manner and time as to allow the Promoter and the Final Beneficiary to implement the Project under the terms of the Project Implementation Agreement.
The Borrower shall ensure that it has available to it the other funds listed in Recital (c) and that such funds are expended, to the extent required, on the financing of the Project.
Furthermore, the Borrower shall have available and use the necessary funds to carry out the expropriation and resettlement process in accordance with the EIB Environmental and Social Standards, in particular for providing adequate housing to any project affected persons that need to be resettled, and more specifically for affected facilities and persons as determined by the Resettlement Action Plan.