제16108호                           관                 보                 2005.10.19.(수요일)

4. A service charge of one-tenth of one              procurement shall be set out in the Loan
 percent (0.1%) of the amount of each                Agreement.
 disbursement in case of a direct payment                              Article 4
 procedure, or of the amount specified in the        In the event the funds available from the
 letter of commitment in case of a                  proceeds of the Loan are insufficient for the
 commitment procedure, shall be collected           full implementation of the Project, the
 by the Bank;                                       Borrower shall promptly make arrangements

5. All banking charges and/or costs for             to provide such funds as shall be needed.

 services rendered by banks in connection                              Article 5

 with disbursements of the proceeds of the           The proceeds of the Loan shall be disbursed
                                                    by the Bank to the Borrower, or to the supplier
 Loan, repayment of principal or payment of
                                                    on behalf of the Borrower in accordance with
 interest payable to the Bank under the Loan
                                                    the progress of the Project, up to the amount
 Agreement shall be subject to a banking
                                                    of the Loan, and within the disbursement
 arrangement to be concluded between the
                                                    period specified in the Loan Agreement and in
 concerned banks of the two countries; and
                                                    accordance with the disbursement procedure
6. In the event the Borrower fails to make
                                                    under the Loan Agreement.
 payment of all or any portion of the
                                                                       Article 6
 principal of the Loan or any other amount
                                                     Other terms and conditions to be specified
 when due under the Loan Agreement, the
                                                    in the Loan Agreement shall be determined
 unpaid amount shall bear an overdue charge
                                                    through negotiations between the Borrower
 at the rate of two percent (2.0%) per annum
                                                    and the Bank.
 above the interest rate.
                                                                       Article 7
                  Article 3                          This Arrangement shall enter into force on
1. The eligible source countries for the            the date of signature and shall remain
 procurement of goods and services required         effective, unless otherwise agreed upon by the
 for the Project shall be the Republic of           Contracting Parties, until the Borrower
 Korea and the United Republic of Tanzania.         performs all the obligations under the Loan
2. The suppliers of all goods and services          Agreement.
 necessary for the implementation of the             Done in duplicate at Dar es Salam, on this
 Project shall be selected through limited          twelfth day of October 2005 in the English
 competitive     bidding      among   Korean        language.
 suppliers.                                           FOR THE GOVERNMENT OF

3. The procurement contract shall be                  THE REPUBLIC OF KOREA

 concluded within eighteen (18) months after                        FOR THE GOVERNMENT OF
 the effective date of the Loan Agreement.                          THE UNITED REPUBLIC OF
4. Details of the methods and procedures for                        TANZANIA

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