The Minimum Drawdown Amount shall be EUR 500,000.

The Minimum Prepayment Amount shall be EUR 1,000,000.

The Minimum Cancellation Amount shall be EUR 1,000,000.

The Interest Payment Dates shall be 20 April and 20 October of each year.

(1) The Borrower shall repay the Loan in 22 equal (or as nearly equal as possible) semi-annual instalments on 20 April and 20 October of each year, with the first Loan Repayment Date being 20 October 2029 and the last Loan Repayment Date being 20 April 2040.

The Last Availability Date shall be the date of the fourth anniversary of the date of this Agreement, or such later date requested by the Borrower and approved by the Bank (in its sole discretion). If the Available Amount, or any part thereof, is subject to a Fixed Interest Rate (in case if the Borrower would exercise its right to elect to pay interest at a Fixed Interest rate under

Section 2.02

(h) below), and the Bank postpones the Last Availability Date, the Borrower shall promptly pay to the Bank such amount of Unwinding Costs as shall, from time to time, be notified by the Bank in writing to the Borrower.

The rate of the Commitment Charge shall be 0.5% per annum.

The Loan is subject to a Variable Interest Rate. Notwithstanding the foregoing, the Borrower may, as an alternative to paying interest at a Variable Interest Rate on all or any portion of the Loan then outstanding, elect to pay interest at a Fixed Interest Rate on such portion of the Loan in accordance with Section 3.04(c) of the Standard Terms and Conditions.

The Borrower shall pay to the Bank a front-end commission equal to 1% of the principal amount of the Loan. The Bank shall, on behalf of the Borrower, withdraw such amount from the Available Amount of the Loan on the Effective Date, or within seven (7) days thereafter, as payment of the amount of such front-end commission.

cause all goods, works and services financed out of the proceeds of the Loan to be used exclusively for the purposes of the Project;

perform all of its obligations under the Project Agreement and each Subsidiary Agreement;

ensure that all of obligations under the Project Agreement and each Subsidiary Agreement are fulfilled;

provide or cause to be provided, when requested, all governmental licenses, approvals or consents required for each Sub-Project, and for carrying out their businesses, including all approvals and licenses necessary to ensure rights of way and other land use rights necessary for carrying out each Sub-Project is granted;

exempt from VAT and custom duties, all goods, works and services (including consultancy services), procured by the Borrower, acting through the MEP as the Project Entity, for the Project and financed from the proceeds of the Loan or any technical cooperation funds made available by the Bank, or provide for their reimbursement;

take all actions necessary to provide adequate funds for the completion of the Project (if required);

ensure satisfactory implementation of the Environmental and Social Action Plan and compliance with the Designated Performance Requirements relating to the project preparation and implementation activities by the Project Entity; and

transfer the assets, if relevant and applicable, to be financed from the proceeds of the Loan for the implementation of each Sub-Project together with the relevant LSG to which the relevant Sub-Project relates.

the legislative and regulatory framework applicable to the environmental sector in the territory of the Borrower shall have been amended, suspended, abrogated, repealed or waived in a manner other than as approved by the Bank in writing;

the Statutes shall have been amended, suspended, abrogated, repealed or waived; and/or

the Project Entity shall have failed to perform any of its obligations under the Project Agreement.

ratification of the Loan Agreement by the Parliament of the Republic of Serbia;

the Project Agreement, in form and substance satisfactory to the Bank, have been executed and delivered by the respective parties thereto and all conditions precedents to their effectiveness, except only the effectiveness of the Loan Agreement, have been fulfilled;

legal opinion in form and substance acceptable to the Bank from the Ministry of Justice confirming that the Loan Agreement has been duly authorised by the Borrower and constitute valid and legally binding obligations of the Borrower;

legal opinions in form and substance acceptable to the Bank from the Ministry of Justice confirming that the Project Agreement has been duly authorised by the Borrower acting through the MEP and constitute valid and legally binding obligations of the Borrower acting through the MEP; and

provision of each signed Subsidiary Agreement.

the PIU has been established by the Borrower, acting through the MEP as the Project Entity, with adequate resources and suitably qualified personnel, in form and substance satisfactory to the Bank, and is operational;

for each Sub-Project, appointment of an independent engineer by the Borrower, acting through the MEP as the Project Entity, to supervise construction works of each Sub-Project; and

the PIU has prepared a report on the update of the implementation of the Environmental and Social Action Plan, in particular the actions required to be completed prior to the First Draw-Down, in form and substance satisfactory to the Bank.

For purposes of Section 9.03(a) of the Standard Terms and Conditions, the opinion or opinions of counsel shall be given on behalf of the Borrower by the Minister of Justice.

For purposes of Section 9.03(c) of the Standard Terms and Conditions, the opinions of counsel shall be given on behalf of the Project Entity by the Minister of Justice.

The following addresses are specified for purposes of Section 10.01 of the Standard Terms and Conditions, except that any notice shall be deemed to be delivered if by hand, mail, or in pdf or similar format by electronic mail:

Minimalni iznos za povlačenje je 500.000 evra.

Minimalni iznos prevremenog plaćanja je 1.000.000 evra.

Minimalni iznos koji se može otkazati je 1.000.000 evra.

Datumi za plaćanje kamate su 20. april i 20. oktobar svake godine.

(1) Zajmoprimac otplaćuje Zajam u 22 jednake (ili približno jednake, u mogućoj meri) polugodišnje rate, 20. aprila i 20. oktobra svake godine, pri čemu je prvi Datum otplate Zajma 20. oktobar 2029. godine, a poslednji Datum otplate Zajma 20. april 2040. godine.

Poslednji datum raspoloživosti biće datum četvrte godišnjice dana ovog ugovora ili neki kasniji datum koji zatraži Zajmoprimac, a odobri Banka (prema svom sopstvenom nahođenju). Ako Raspoloživi iznos ili bilo koji njegov deo podleže Fiksnoj kamatnoj stopi (u slučaju da Zajmoprimac iskoristi svoje pravo da odabere da plaća kamatu po Fiksnoj kamatnoj stopi u skladu sa Odeljkom 2.02(h) ispod), a Banka odloži Krajnji datum raspoloživosti, Zajmoprimac će odmah uplatiti Banci iznos Troškova poravnanja o čemu će, povremeno, Banka obavestiti Zajmoprimca u pisanoj formi.

Stopa Naknade za angažovana sredstva iznosi: 0,5% na godišnjem nivou.

Zajam podleže Varijabilnoj kamatnoj stopi. Bez obzira na prethodno navedeno, Zajmoprimac može, kao alternativu plaćanja kamate po Varijabilnoj kamatnoj stopi na ceo iznos Zajma ili na bilo koji njegov deo koji u tom trenutku bude neotplaćen, odabrati da plati kamatu po Fiksnoj kamatnoj stopi na taj deo Zajma, u skladu sa Odeljkom 3.04(c) Standardnih uslova poslovanja.

Zajmoprimac će platiti Banci upisnu proviziju u iznosu od 1% od iznosa glavnice Zajma. Banka će, u ime Zajmoprimca, povući takav iznos iz Raspoloživog iznosa Zajma na Datum stupanja na snagu ili u roku od sedam (7) dana nakon toga, kao isplatu iznosa takve upisne provizije.

učiniti da se sva roba, radovi i usluge finansirani iz sredstava Zajma koriste isključivo za potrebe Projekta;

izvršiti sve svoje obaveze prema Ugovoru o projektu i svakom Dopunskom ugovoru;

obezbediti da su ispunjene sve obaveze prema Ugovoru o projektu i svakom Dopunskom ugovoru;

obezbediti ili učiniti da se obezbede, kada se to zahteva, sve vladine dozvole, odobrenja ili saglasnosti potrebne za svaki Potprojekat i za obavljanje njihovih poslova, uključujući sva odobrenja i dozvole neophodne kako bi se odobrila prava prolaska i druga prava korišćenja zemljišta neophodna za sprovođenje svakog Potprojekta koji je odobren;

osloboditi od PDV-a i carina svu robu, radove i usluge (uključujući konsultantske usluge), koje je Zajmoprimac, postupajući preko MZŽS kao Projektni subjekt, nabavio za Projekat i finansirao iz sredstava Zajma ili bilo kojim sredstvima za tehničku saradnju koje Banka stavlja na raspolaganje ili obezbeđuje njihovu nadoknadu;

preduzeti sve neophodne radnje kako bi se obezbedila adekvatna sredstva za završetak Projekta (ukoliko je potrebno);

obezbediti zadovoljavajuću implementaciju Ekološkog i socijalnog akcionog plana i usklađenost sa Određenim zahtevima za uspešno izvršenje posla u vezi sa aktivnostima pripreme i implementacije projekta od strane Projektnog subjekta; i

preneti sredstva, ukoliko je relevantno i primenljivo, koja će se finansirati iz sredstava Zajma za sprovođenje svakog Potprojekta zajedno sa relevantnom JLS na koju se odnosi odgovarajući Potprojekat.

zakonodavni i regulatorni okvir koji se primenjuje na sektor zaštite životne sredine na teritoriji Zajmoprimca biće izmenjen, obustavljen, stavljen van snage, opozvan ili se od njega odustane na način osim onog koji je Banka odobrila u pisanoj formi;

statuti će biti izmenjeni, obustavljeni, stavljeni van snage, opozvani ili se od njih odustane; i/ili

Projektni subjekt neće uspeti da ispuni bilo koju od svojih obaveza iz Ugovora o projektu.

ratifikacija Ugovora o zajmu od strane Narodne Skupštine Republike Srbije;

Ugovor o projektu, u formi i sadržini zadovoljavajućim za Banku, je potpisan i dostavljen od strane odgovarajućih strana i ispunjeni su svi uslovi koji prethode njegovom stupanju na snagu, osim stupanja na snagu Ugovora o zajmu;

pravno mišljenje Ministarstva pravde u formi i sadržini prihvatljivim za Banku koje potvrđuje da je Ugovor o zajmu propisno potpisan od strane Zajmoprimca i da predstavlja važeću i pravno obavezujuću obavezu Zajmoprimca;

pravna mišljenja Ministarstva pravde u formi i sadržini prihvatljivim za Banku koja potvrđuju da je Ugovor o projektu propisno potpisan od strane Zajmoprimca, postupajuću preko MZŽS i da predstavlja važeću i pravno obavezujuću obavezu Zajmoprimca, postupajući preko MZŽS; i

dostavljen je svaki potpisan Dopunski ugovor.

JIP je formirana od strane Zajmoprimca, postupajući preko MZŽS kao Projektni subjekt, sa adekvatnim resursima i odgovarajućim kvalifikovanim osobljem, u formi i sadržini prihvatljivim za Banku, i operativna je;

za svaki Potprojekat, Zajmoprimac, postupajući preko MZŽS kao Projektni subjekt, je imenovao nezavisnog inženjera za nadzor nad građevinskim radovima za svaki Potprojekat; i

JIP je pripremila ažuriran izveštaj o implementaciji Ekološkog i socijalnog akcionog plana, posebno o aktivnostima koje je potrebno izvršiti pre Prvog povlačenja, u formi i sadržini prihvatljivim za Banku.

U svrhe Odeljka 9.03(a) Standardnih uslova poslovanja, mišljenje ili mišljenja pravnih savetnika će u ime Zajmoprimca dati ministar pravde.

U svrhe Odeljka 9.03(c) Standardnih uslova poslovanja, mišljenja pravnih savetnika će u ime Projektnog subjekta dati ministar pravde.

Sledeće adrese se navode u svrhe Odeljka 10.01 Standardnih uslova poslovanja, osim što će se smatrati da je svako obaveštenje dostavljeno lično, poštom, ili u pdf ili sličnom formatu elektronskom poštom: