Zakon o potvrđivanju Ugovora o zajmu (Projekat izgradnje brane sa akumulacijom Pambukovica) između Republike Srbije i Evropske banke za obnovu i razvoj
Status propisa
Na snazi
Prikazana Verzija
Nema dostupnih verzija
Opšte Informacije
Donosilac
Narodna skupština Republike Srbije
Zakon o potvrđivanju Ugovora o zajmu (Projekat izgradnje brane sa akumulacijom Pambukovica) između Republike Srbije i Evropske banke za obnovu i razvoj
The following are specified for purposes of Section 9.02(c) of the Standard Terms and Conditions as additional conditions to the effectiveness of this Agreement and the Project Agreement:
a)
ratification of this Agreement by the Parliament of the Republic of Serbia and publication of such ratification in the Official Gazette of the Republic of Serbia;
b)
the Project Agreement, in form and substance satisfactory to the Bank, has been executed and delivered; and
The obligation of the Bank to make the first Drawdown under this Agreement shall be subject to the prior fulfilment, in form and substance satisfactory to the Bank, or at the sole discretion of the Bank, the waiver, whether in whole or part and whether subject to conditions or unconditional, of each of the conditions precedent:
a)
The Bank shall have received satisfactory evidence that the Borrower, acting through the Beneficiary and Project Entity, has established a Project Implementation Unit (as set out in the Project Agreement) with adequate resources and suitably qualified personnel, and it is operational;
b)
The Bank shall have received satisfactory evidence that the Project Entity has appointed suitably qualified consultants to support the Project implementation; and
c)
the Bank shall have received, in form and substance satisfactory to the Bank, any other conditions precedent the Bank may, at its sole discretion, reasonably require.
The obligation of the Bank to make the first Drawdown under Schedule 2 Category 1 shall be subject to the prior fulfilment, in form and substance satisfactory to the Bank, or at the sole discretion of the Bank, the waiver, whether in whole or part and whether subject to conditions or unconditional, of each of the conditions precedent:
a)
The Bank has confirmed to the Borrower that it is satisfied with the Borrower’s (acting through the Beneficiary and Project Entity) compliance with the Environmental and Social Action Plan (as set out in the Project Agreement); and
b)
The Bank shall have received satisfactory evidence that the Borrower, acting through the Beneficiary and Project Entity, has appointed supervision consultants (as set out in the Project Agreement).
For purposes of Section 9.03(a) of the Standard Terms and Conditions, the opinion shall be given on behalf of the Borrower by the Minister of Justice, confirming that this Agreement has been duly authorised by the Borrower and constitutes a valid and legally binding obligation of the Borrower enforceable in accordance with its terms.
b)
For purposes of Section 9.03(c) of the Standard Terms and Conditions, the opinion shall be given on behalf of the Project Entity by the head of its legal department confirming that the Project Agreement has been duly authorised by the Project Entity and constitutes valid and legally binding obligations of the Project Entity enforceable in accordance with its terms.
c)
For purposes of Section 9.03(a) of the Standard Terms and Conditions, the opinion shall be given on behalf of the Beneficiary by the Minister of Justice, confirming that the Project Agreement has been duly authorised by the Beneficiary and constitutes a valid and legally binding obligation of the Beneficiary enforceable in accordance with its terms.