prop · H903152 · 2022-03-14 00:00:00 — 67.“” includes mortgages, pledges, charges, privileges and priorities of any kind. 68.“” means the loan provided for in the . 69.“” means the account opened by the Bank in its books in the name of the Borrower to which the amount of the is credited. 70.“” means the loan agreement between the Bank and the Borrower providing for the , as such agreement may be amended from time to time. “” includes these General as applied to the , and all appendices, schedules and agreements supplemental to the . 71.“” means the Currency in which the is denominated; provided that if the provides for Conversions, “” means the Currency in which the is denominated from time to time. If the is denominated in more than one currency, “” refers separately to each of such Currencies. 72.“” means the Borrower or the Guarantor. “” means collectively, the Borrower and the Guarantor. 73.“” means any amount payable by the to the Bank pursuant to the Legal Agreements, including (but not limited to) any amount of the Withdrawn , interest, the Front-end Fee, the Commitment Charge, interest at the Default Interest Rate (if any), any prepayment premium, any surcharge, any transaction fee for a Conversion or early termination of a Conversion, any premium payable upon the of an Interest Rate Cap or Interest Rate Collar, and any Unwinding Amount payable by the Borrower. 10Not available (except for Special Policy Development Loans) due to the suspension of the Fixed Spread terms until further notice. 11Not available (except for Special Policy Development Loans) due to the suspension of the Fixed Spread terms until further notice. 12Not available due to the suspension of the Fixed Spread terms until further notice. 74.“Local Currency” means an Approved Currency that is not a major currency, as reasonably determined by the Bank. 75.“Maturity Fixing Date” means, for each Disbursed Amount, the first day of the Interest Period next following the Interest Period in which the Disbursed Amount is withdrawn. 76.“Member Country” means the member of the Bank which is the Borrower or the Guarantor. 77.“Original ” means the currency of denomination of the as defined in Section 3.08. 78.“Payment Date” means each date specified in the occurring on or after the date of the on which interest and Commitment Charge are payable. 79.“Preparation Advance” means the advance referred to in the and repayable in accordance with Section 2.05 (a). 80.“Principal Payment Date” means each date specified in the on which all or any portion of the principal amount of the is payable. 81.“Program” means the program referred to in the in support of which the is made. 82.“Program Agreement” means the agreement between the Bank and the Program Implementing Entity relating to the implementation of all or part of the Program, as such agreement may be amended from time to time. “Program Agreement” includes these General as applied to the Program Agreement, and all appendices, schedules and agreements supplemental to the Program Agreement. 83.“Program Implementing Entity” means a legal entity (other than the Borrower or the Guarantor) which is responsible for implementing all or a part of the Program and which is a party to the Program Agreement or the Subsidiary Agreement. 84.“Program Implementing Entity’s Representative” means the Program Implementing Entity’s representative specified in the Program Agreement for the purpose of Section 10.02 (a). 85.“” means assets of the Member Country, of any of its political or administrative subdivisions and of any entity owned or controlled by, or operating for the account or benefit of, the Member Country or any such subdivision, including gold and foreign exchange assets held by any institution performing the functions of a central bank or exchange stabilization fund, or similar functions, for the Member Country. 86.“Reference Rate” means, for any Interest Period: (a)(i) for USD, SOFR; (ii) for EUR, EURIBOR; (iii) for GBP, ; and (iv) for JPY, ; provided that if the relevant Reference Rate is not available through the normal sources of information at the customary publication times in respect of the relevant Interest Period, the Bank shall reasonably determine such Reference Rate taking into account the prevailing market practice with respect to alternative methods for calculating the Reference Rate, their market representativeness and acceptability to the Bank for purposes of its asset and liability management, and notify the Borrower accordingly; (b)if the Bank determines that (i) the Reference Rate for the relevant has permanently ceased to be quoted for such currency, or (ii) the Bank is no longer able, or it is no longer commercially acceptable for the Bank, to continue to use such Reference Rate, for purposes of its asset and liability management, such other comparable reference rate for the relevant currency, including any applicable spread, as the Bank shall determine, and notify to the Borrower pursuant to Section 3.02 (c); and (c)for any currency other than USD, EUR or JPY: (i) such reference rate for the Original as shall be specified or referred to in the ; or (ii) in the case of a Currency Conversion to such other currency, such reference rate as shall be determined by the Bank in accordance with the Conversion Guidelines and notice thereof given to the Borrower in accordance with Section 4.01 (c). 87.“Relevant Rate ” means the display page designated by an established financial market data provider selected by the Bank as the page for the purpose of displaying at customary publication times the Reference Rate (including any applicable spread to the relevant prior benchmark rate) for the . 88.“Respective Part of the Program” means, for the Borrower and for any Program Implementing Entity, the part of the Program specified in the Legal Agreements to be implemented by it. 89.“Screen Rate” means with respect to a Conversion, such rate as determined by the Bank on the Execution Date taking into account the applicable interest rate, or a component thereof, and market rates displayed by established information in accordance with the Conversion Guidelines. 90.“SOFR” means for any Interest Period, the Secured Overnight Financing Rate (SOFR) for the relevant Interest Period (whether calculated on a term basis, or other basis designed to replicate a term structure, and which may include an applicable spread to the relevant prior benchmark rate), expressed as a percentage per annum, that appears on the Relevant Rate at customary publication times specified by the applicable benchmark administrator, as reasonably determined by the Bank for the relevant Interest Period. 91.“” means for any Interest Period, the Average () rate for the relevant Interest Period (whether calculated on a term basis, or other basis designed to replicate a term structure, and which may include an applicable spread to the relevant prior benchmark rate), expressed as a percentage per annum, that appears on the Relevant Rate at customary publication times specified by the applicable benchmark administrator, as reasonably determined by the Bank for the relevant Interest Period. 92.“Standard Exposure Limit” means the standard limit on the Bank’s financial exposure to the Member Country, as determined from time to time by the Bank which, if exceeded, would subject the Borrower to the Exposure Surcharge pursuant to Section 3.01 (c). 93.“”, “£” or “GBP” each means the lawful currency of the . 94.“Subsidiary Agreement” means the agreement that the Borrower enters into with the Program Implementing Entity setting forth the respective obligations of the Borrower and the Program Implementing Entity with respect to the Program. 95.“Substitute ” means the substitute currency of denomination of a as defined in Section 3.08. 96.“Taxes” includes imposts, levies, fees and duties of any nature whether in effect at the date of the Legal Agreements or imposed after that date. 97.“” means for any Interest Period, the Overnight Average Rate () for the relevant Interest Period (whether calculated on a term basis, or other basis designed to replicate a term structure, and which may include an applicable spread to the relevant prior benchmark rate), expressed as a percentage per annum, that appears on the Relevant Rate at customary publication times specified by the applicable benchmark administrator, as reasonably determined by the Bank for the relevant Interest Period. 98.“Total Exposure” means, for any given day, the Bank’s total financial exposure to the Member Country, as reasonably determined by the Bank. 99.“Umpire” means the third arbitrator appointed pursuant to Section 8.04 (c). 100.“Unwinding Amount” means, for the early termination of a Conversion: (a) an amount payable by the Borrower to the Bank equal to the net aggregate amount payable by the Bank under transactions undertaken by the Bank to terminate the Conversion, or if no such transactions are undertaken, an amount determined by the Bank on the basis of the Screen Rate, to represent the equivalent of such net aggregate amount; or (b) an amount payable by the Bank to the Borrower equal to the net aggregate amount receivable by the Bank under transactions undertaken by the Bank to terminate the Conversion, or if no such transactions are undertaken, an amount determined by the Bank on the basis of the Screen Rate, to represent the equivalent of such net aggregate amount. 101.“Unwithdrawn ” means the amount of the remaining unwithdrawn from the from time to time. 102.“Variable Rate” means: (a) a variable rate of interest equal to the sum of: (1) the Reference Rate for the Original ; plus (2) the Variable Spread, if interest accrues at a rate based on the Variable Spread, or the Fixed Spread if interest accrues at a rate based on the Fixed Spread;13 and (b) in case of a Conversion, such variable rate as determined by the Bank in accordance with the Conversion Guidelines and notified to the Borrower pursuant to Section 4.01 (c). 103.“Variable Spread” means, for each Interest Period: (a) (1) the Bank’s standard lending spread for Loans established by the Bank in accordance with its policies in effect at 12:01 a.m. 13Fixed Spread terms are suspended until further notice (except Special Development Policy Loans that have a separate fixed spread). time, one calendar day prior to the date of the (including the maturity premium, if applicable); and (2) plus or minus the adjusted weighted average to the Reference Rate, for the relevant Interest Period, in respect of the Bank’s outstanding borrowings or portions thereof allocated by it to fund loans that carry interest at a rate based on the Variable Spread; as reasonably determined by the Bank, expressed as a percentage per annum and periodically published by the Bank; and (b) in case of Conversions, the variable spread, as applicable, as determined by the Bank in accordance with Conversion Guidelines and notified to the Borrower pursuant to Section 4.01(c). In the case of a denominated in more than one Currency, “Variable Spread” applies separately to each of such Currencies. 104.“Withdrawn ” means the amounts of the withdrawn from the and outstanding from time to time. 105.“Yen”, “¥” and “JPY” each means the lawful currency of . 2021/22:152 Bilaga 3 2021/22:152 Bilaga 3 2021/22:152 Bilaga 3 2021/22:152 Bilaga 3 2021/22:152 Bilaga 3 2021/22:152 Bilaga 3 2021/22:152 Bilaga 3 2021/22:152 Bilaga 3 2021/22:152 Bilaga 3 2021/22:152 Bilaga 3 2021/22:152 Bilaga 3 2021/22:152 Bilaga 3 Utdrag ur protokoll vid regeringssammanträde Närvarande: statsråden , ordförande, , , , , , Farmanbar Regeringen beslutar proposition Extra ändringsbudget – Garanti till Internationella återuppbyggnads- och för lån till