제16226호                             관               보                   2006. 4. 4. (화요일)

  (hereinafter referred to as“the Borrower”).         arrangement to be concluded between the
3. The Loan amount shall be denominated in            banks designated by the Borrower and the
  Korean Won. The amount of the Loan shall            Bank; and
  not exceed the equivalent of thirty million       (f) In the event the Borrower fails to make
  US dollars (US$30,000,000) and shall be             payment of all or any portion of the
  fixed in accordance with the relevant               principal of the Loan or any other amount
  provisions of a loan agreement to be                when due under the Loan Agreement, the
  concluded between the Borrower and the              unpaid amount shall bear an overdue charge
  Bank (hereinafter referred to as“the Loan           at the rate of two percent (2.0%) per annum
  Agreement”
           ).                                         above the interest rate.
                   Article 2                                              Article 3
  The terms and conditions of the Loan, as          1. The eligible source countries for the
well as the procedures for its utilization, shall     procurement of goods and services other
be governed by the Loan Agreement, which              than consulting services required for the
shall contain, inter alia, the following              Project shall be the Republic of Korea and
principles:                                           the Republic of the Uzbekistan.
(a) The repayment period shall be thirty (30)       2. The eligible source country for the
  years including a grace period of ten (10)          purchase of consulting services required for
  years;                                              the Project shall be the Republic of Korea
(b) The interest rate shall be one percent            and the consultant shall be selected through
  (1.0%) per annum;                                   competitive     bidding         among   Korean
(c) The disbursement period shall be forty two        consultants pursuant to the Guidelines for
  (42) months from the effective date of the          the Employment of Consultants under the
  Loan Agreement or such other period as the          EDCF Loan provided by the Bank.
  Borrower and the Bank agree upon;                 3. The suppliers of goods and services
(d) A service charge of one-tenth of one              necessary for the implementation of the
  percent (0.1%) of the amount of each                Project     shall    be    selected     through
  disbursement in case of a direct payment            competitive     bidding         among   Korean
  procedure, or of the amount specified in the        companies.
  letter of commitment in case of a                 4. The consulting contract shall be concluded
  commitment procedure, shall be collected            within eighteen (18) months after the
  by the Bank;                                        effective date of the Loan Agreement.
(e) All banking charges and/or costs for            5. Details of the methods and procedures of
  services rendered by banks in connection            procurement shall be governed by the Loan
  with disbursements of the proceeds of the           Agreement.
  Loan, repayment of principal or payment of                              Article 4
  interest payable to the Bank under the Loan         In the event the funds available from the
  Agreement shall be subject to a banking           proceeds of the Loan are insufficient for the

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