The Borrower hereby declares that it (i) has received a copy of the Applicable Procurement Regulations and (ii) understands the provisions of the Applicable Procurement Regulations, in particular, those provisions relating to any actions which the Lender may take in the case of a breach of the Applicable Procurement Regulations by the Borrower.

The Borrower is contractually bound by the Applicable Procurement Regulations as if such Applicable Procurement Regulations were incorporated by reference into this Agreement.

The Borrower confirms that the procurement, allocation and performance of the contracts relating to the implementation of the Project comply with the Applicable Procurement Regulations. The Borrower has acknowledged the content of AFD’s Covenant of Integrity in Schedule 6 (AFD’s Covenant of Integrity) of this Agreement. Requirements stipulated in AFD’s Covenant of Integrity must be formally produced by any holder of a contract to be concluded within the framework of the Project and therefore, where appropriate, included in the pre-procurement documentation