제16337호                           관                보                 2006. 9.13. (수요일)

(c) The disbursement period shall be forty           the implementation of the Project shall be
 eight (48) months from the effective date of        selected through competitive bidding among
 the Loan Agreement or such other period as          Korean suppliers.
 the Borrower and the Bank agree upon;           3. The procurement contract shall be
(d) A service charge of one-tenth of one             concluded within eighteen (18) months from
 percent (0.1%) of the amount of each                the effective date of the Loan Agreement.
 disbursement in case of a direct payment        4. Details of the methods and procedures for
 procedure, or of one-tenth of one percent           procurement shall be governed by the Loan
 (0.1%) of the amount specified in the letter        Agreement.
 of commitment in case of a commitment                               Article 4
 procedure, shall be collected by the Bank;          In the event the funds available from the
(e) All banking charges and/or costs for         proceeds of the Loan are insufficient for the
 services rendered by banks in connection        full implementation of the Project, the
 with disbursements of the proceeds of the       Borrower shall promptly make arrangements
 Loan, repayment of principal or payment of      to provide such funds as shall be needed.
 interest payable to the Bank under the Loan                         Article 5
 Agreement shall be subject to a banking             The proceeds of the Loan shall be disbursed
 arrangement to be concluded between the         by the Bank to the Borrower, or to the supplier
 concerned banks of the two countries; and       on behalf of the Borrower in accordance with
(f) In the event the Borrower fails to make      the progress of the Project, up to the amount
 payment of all or any portion of the            of the Loan, and within the disbursement
 principal of the Loan or any other amount       period specified in the Loan Agreement and in
 when due under the Loan Agreement, the          accordance with the disbursement procedure
 unpaid amount shall bear an overdue charge      under the Loan Agreement.
 at the rate of two percent (2.0%) per annum                         Article 6
 above the interest rate.                            Other terms and conditions to be specified
                  Article 3                      in the Loan Agreement shall be determined
1. The eligible source countries for the         through negotiations between the Borrower
 procurement of goods and services               and the Bank.
 including consulting services required for                          Article 7
 the Project shall be the Republic of Korea          This Arrangement shall enter into force on
 for the foreign currency portion and the        the date of signature and shall remain
 Hashemite Kingdom of Jordan for the local       effective, unless otherwise agreed upon by the
 currency portion.                               Contracting Parties, until the Borrower
2. The suppliers of goods and services,          performs all the obligations under the Loan
 including consulting services necessary for     Agreement.

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