Tekst ugovora / prilog
Loa n Agre e me nt
dated December 27, 2024
between
KfW, Frankfurt am Main
("KfW")
and
the Republic of Serbia
represented by the Government of the Republic of Serbia by and through the
Ministry of Finance
(the "Borrower")
for
EUR 70,000,000.00
- Efficient Water and Sanitation Programme for Green and Resilient Cities in Serbia (DKTI) -
Loan ID: 31801
BMZ-No. 2021 68 821
CO NTEN TS
CO NT ENT S ............................................................................................................... 2
PREA MBLE ............................................................................................................... 3
1. Loan ............................................................................................................... 4
2. Channelling of the Loan .................................................................................. 5
3. Disbursement ................................................................................................. 5
4. Fees ............................................................................................................... 8
5. Interest ........................................................................................................... 9
6. Repayment and prepayment ........................................................................ 11
7. Calculations and payments in general .......................................................... 14
8. Guarantee from the Federal Republic of Germany ....................................... 15
9. Illegality ........................................................................................................ 15
10. Costs and public charges ............................................................................. 16
11. Special obligations........................................................................................ 17
12. Termination of the Loan Agreement ............................................................. 19
13. Representation and statements .................................................................... 21
14. Publication and transfer of programme-related information .......................... 22
15. General provisions........................................................................................ 24
Annex 1 Disbursement schedule ..................................................................................... 28
Annex 2 Form of Legal Opinion of the Ministry of Justice of the
Republic of Serbia................................................................................................ 29
Annex 3 Confirmation letter from KfW regarding the German
Government Guarantee ....................................................................................... 34
Annex 4 Information concerning Article 15.10 ................................................................. 35
P RE AMBLE
On the basis of the Summary Record of the Negotiations on Development Cooperation between the Government of the Republic of Serbia and the Government of the Federal Republic of Germany dated 11 October 2021 (the “Summary Record”), constituting the programme “Efficient Water and Sanitation Programme for Green and Resilient Cities in Serbia (DKTI)” (the "Programme”) the Borrower and KfW hereby enter into the following Loan Agreement (the “Loan Agreement”).
In addition to the Loan Agreement, the Borrower and KfW envisage to conclude a grant agreement for accompanying measures (the “Grant Agreement I”) and a grant agreement for an investment grant (the “Grant Agreement II”).
KfW will refinance the Loan granted in accordance with the conditions of this Loan Agreement with interest subsidies from low-interest budget funds provided by the Federal Republic of Germany for projects that meet development-policy eligibility criteria. The terms and conditions of the Loan comply with the OECD requirements applicable on the date of signing of the Loan Agreement for recognition as Official Development Assistance (ODA).
On this basis and under the condition that the Federal Republic of Germany extends a guarantee for the Loan, KfW will grant a Loan in accordance with the terms and conditions of this Loan Agreement.