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SCHEDULE 1 Piojecl Descrintion 'nre objective of lhe Ptoject is to imProve i frastructurc ierviccs and irrsritutional capacity to suppod increased contribution of tourism in lhe lotal ccononry of lhe Sanrlskhc'Javakheti and Mtskhola_Mtianeti regions. 'l'he Project consists ofthe tbllowing parls: Pr,t I lnhxslr ucture lnvcstmcnt (a) Provision of lnvrjtm--Dl SubProjcct FinanDing' on a graDl basis. k) Pnrlicipalins LSCS lo finsnce Investtnen! SubProjecls for rrbnn ltgencration of oki towns .rnd villages in the Samtskhc-Javakheli and Nlrsklleia_Mliarreti rcgions includins, but nol limited to, restoralion ofbuilding tbcadcs.nd rool!. public.spnccs' nr,rscun,i. ,oa,ls and water supply, and enhallcement ofcultrrral an'l nalual hcrrlagc sircs (as well as tourism facilitics and access to and presenlation of sitcs)' (lr) Provision of lnvestmeDt Subproject Frrancirrg, otr a -qrint bxsis'.to I'articip;rirrg LSC5 lo finan€e Investnreni SubProjecls tor llre crcalion ol prrblic intiustnrctrrie to attract private sector investm€nts in lourism or gribusincss ii thc SLtmtskhcJavakhc(i anJ Mtskhela-)ultianeti regions nrcltrdixg. bul not limilcd lo coosliuclion of roads, sidewalls, and watcr' sanitation, co'nnunicalions and public l:cilitics. Pa( ?: Instihrtional Development Plovision of goods, non_consntla t sewiccs- consullanls' services' irnd Iraining, as *ell as financing of Operating Costs to er)hancc thc institutioMl cnpir'iiy anrl pcitb.nrancc of CNTA, NACHP, Georgia Natiorral Mrrsetnrl. thc Ploicct ImFlcrrcrling Enlity, and other concerned tocal and tcgional enlitics lo crrrl rrul nctiviiics incltding the following: (a) Setting up of a desli,ralion ma,rageme[t office itr cnch oflhc rc-siorrs oi SanrlskheJnvakhcti and Mtskheta-Mtirneti lo assisl in lhc crcation ol arr irrslilulional r,ramework lo ensuls proper destinirtaon nlanagcmerl' prrblic_privtrll:' pn rcrshap a o suslainabilil-w of investnrenls ma(le in each regio'r (ir) Development and inlplemenlation of markeling ard prornolioo lools ir srch ot: the Samtskhe-Javakheti and Mlskheta_Mtiancti regions to prcmolc 'rrch Flgion as a new sustainable tourism destiDation atd to assis( in crealirlg a nrcchtrr\isrn tui .o,nu,unity parlicipalion, stakcttolders' consullalion and involvcrrrenl ol locrl go\cnll'r(nr ir dcvelopirrg lourrjttr rrr lhE n gron Prcparation ol susta;nabte site nranagcnrcnt plans lbr cullural hc lasu II) sircs tirranied undei the Project as wetl as provision ofon-the Job hirinrng to NACI (c) -0- (d) Provisior of Training for ski ed rvorktblce <tcvelopmenr rn<l capacity buildirg to selecled beneficiaries (includins hotet staft, lour opemt(n.s atrd grides. and officials nt the GNTA, NACHP, ccorgja Natronat Museunr ord lhc Projccl lmplcmcnting Entily) aim€d at producilg an inlcg,ared workforcc dcvclopment progum around the skills need€d in tor.rrisnr_rclared-busirresses in rhc Sarrlskhe-.lavakhcti aod Mlskheti-Mt:ancr, r€gions (c) Provision ofcultural heritage advisory services to ihe NACltpair,rcd al: (i) ovcrsecing the preparation process of Mtskheta World Herilagc Sitc rnastcr plan, in compliance with the World l-t.rilagc Committee's decisionsi (;) cs(ibtishjxs advisorl service on lhe wortd Fle.itage Siles Tentatjve Lisr for Ccorgia ani providaog assistance ro NACHP in prepariDg nomination fites fbr inscr'pti;n: (iii) providirg or-lhe,job c6pacily buiiding ro NACHP and nrunicipalitics on orlrrral heritage prcscrvation and site managemcrr plans; and (iv) pro,notins cutrurut hcr itage as no uniquc toorism produci in both the national tourisnr srrategr aird the gtobrt Siik Road initiarivc (which ioitiative is being led by thc United Nations Wortd lcurisrn Organizfltio[ to rcvive the hrstorical s!lk route) (f) Provision of business start-0p/expansion advisora servrcc k| tourisnl and a!ribusrness medrum and smalt enlerprxs to cnhancc rhcrr bu5rniss developnrcnt capacity, ard brild credit !virh tocal and natiorat tini!rtciill in.jrrlrrions. (C) Enhancing capacity for perfbrmance nronitorilg ind cvalualiorl acliviliq in the lonrisn s€ctor in lhe SamtskheJavakheti and Mtskhet -Mliancli rcgions (includrng, designing and conducting seasonal srrveys ro dctemtinc lhc numbcr n origin ol' visitors, sp€Ming activities, and saristhdion tcvcts. rnct Salherirg baseiine data fiom bodr formal and informal toorisnr cnterpires) i xt in(roducc \yays to monitor rhe effcctivencss of cfforrs as w€lt :|s monirorin!: lh. l)'oi,'ct', resulrs urd;calor s rnDually. (h) Ilovision olt€chnical assistance to ttrc project Iilrple renting Eniily l'or onlreach and publio awarencss campaigns, preparatior of ftisibitrt) st;Cius ;f potcnlial Iovestorcnt Subprojects. and dcsign and construatiolt supcrvisrrn and financin! of Opelttirg Costs. ‑7‐

SCHEDULE 2 Prolect ExccutiOn Scttion l A lmpiCmemtation Arttngentents lllStit111loR31 ArFangenlents nblhihf糧 ‖ iR:『 10ft北 常 :よ 喘 ・ 1;ic慧鼈「 鷹 漑 El職 1淵 器鳳∫Ψttc:イ1 tl̀R鳥 f :盟[:[蹴 篭 肛 i∬ :厳 2 コllC Borrowcr shall cause t1lc Projcct lmplcmenⅢ prCpale、 in accordance witll tCrrns of「 Bank, an operat10n man (a) ns Entity lol CFerence Sals● c101y t。 いC Operatiolう al and adnliniStr including: 0)proCurenlc: 10 ClisibHi、 c■ ,Crla For Parlcipating LSCsi(" Subpr● ect F ,ancing, lnvesinlent Subpiclject lcspOnsibilities implenenta oF til On ofthe t (Vili)establiShment and mechanisn,: n Opcratron \4 lr)uil l"xl (hl can-a orrl rhe lrojecl rn rccordance wrth hrs becn approv€d bY thc Bank; and r., propovll Jmc:'d'nc'rl rrrlo lo Ihe pIo!rsions of lhe OPclation Manual and' lhctedlilr' Prrl lhc B'rnk cff""isn"h ar"ndt ,"rt as siall have becD agreed wilh frrmrsh lo lhe Barrt for rrs prror approval' 3ny Sulrsidirry Agr€emctlt ̀ l To tbcilitate the carryinB oltt of the Prqeci lhc Borrower :hrli rlJlt thc l*]hblc to lhe Projccl Lnplcmtrrling lir)lrl) ' or\ 'r ii'J"l f-*' "-.."a. "irr" ;" a srrbsidiary agrcernint to bc signcd bv rl'c ftoro*rt' ;;;.;;;r;", trrrrrr s rrli J rr'5 i'l'-;,.Iilo; ;; t,ltol. a,i the- rrojccr lnrPlenrenrin!rrcnt..) r ",,i li"a itio"t upptnr"a by lhe 8a'tk ( 'Subsid ts ry A Sr ce otrl rls obliEilions rrnl[ r lhc Tlrc BolTower shall exercrse rts rrghls and carry Int(rcsl( ol rIc snhsldiilN Aqreefienl ln such manner as lo nloiccl lh( I o'rrr r:\((pr dl ihc in,ro*.ian.itf]" Bank and lo accomplish lhe purpotcs not gank shall othenvise agree the Borrc$er shall 'rss'gn' I\r''lcrr{" as tlre ―S abrogatc. waivc, fail to elforce or tcrminatc the of rts provisions. {'. Sobsidiary Asrcemcrt or alr! Anti-Corruption '1hc Borrower shatt ensure that rh€ project is ca ed oul rn xccordnncc \lrrtr lhe provrsrons of thc Anti-ConuprioD Cuidcha€s D Safegurrds liwonne tul Monagenent ￨ The llorrower shall cause rhe proicct lmplementrng Lnrily to c.rrr, uur lhr tollowing (itlmplcnrenr rhc rSMl (rn(t,td,ng. ca,,\,r! our Lnvirt nn,cxr.,l So(ial and Coltural Re\orrrce Screenrngs. is;L Js Lr\rrnnnnnl,t andSocialRcvtr\l,asreqUired)andIh(cllvi'UnIlcnillI plans plepared pursLrant therero, a in a manner satisfactotro rlrc Bank arrd neccssary to ensure thai the proJect is implcmintcd rn lccorddnce wrtl sound en\ironnrcntat pracli(es and siandard<. anl (rr).pr\, lo inirration oI thc procurcmenl of $o,l\ Jon((rff{i. frci)] ( and disclose, and carry out stakcholder consutration on. tLc c11\flonnrental mnnasemcnt ptan salr5la(tofv to rhe Ddn( ,r .l (hcrcalrcr \ard tl.lP rha be s hm,ned atonc wrt\ thc dr.rf b.dd rdocrrncnts for thc procuronctrt of sai,t \,ori\ ,.",.,, 1,,,,, ;i,,,: ""d (b) (c) l'rovide to rhe B;nL fo' its prior revrc\v an) r.\rsron protros(Lt lc t,( rnlroduced.tnlo rn) ol lhc ESMF or EMps. ,rs ,c Ld\e nu) bc. I , ordcr to achi(vc lhcir r<spcctrve obje(rrves. rIU rhJrcatr!, rntrod,!: suclr re\rston t,lto litc docunlcntr as <h.tll trr\. been a.rrec,.i \t!l! rhl B.rnt Vrint^in poli.rcs and pru.crlures rdeqUare lo cr)iblc ,r lo nronrror .r.,J (vrlriile. rn rccordancc wrrh Surdclllrei ilccepklrlc ro ql1c g.,,r1, ,1,. r,nplcmcrrtitlon o, lhe Environmenlil and Socral V rcg(n\nl Fianrcwork and El\4I,s and the achieverrnt of tlrcir rcs"pectivc obiecl;ves. Thc Ronower shail cruse rhe projecr Inrplenrenr;ns Entriy tollowins (.,) lo ca y out rl,c (,) whe.ever implcment"tio of lhc projerr, rv lrve\lnieDr S hprolect. or anv part lhcreot, would qive \c lo A,t((l(d l\.r\,nr, p:ovid. lo thc Bar'k tor rtr re!iew. fesr(lemcnt itcl|o plens prJD..r.d in nccordance lvilh lhe principles and procedues scl iorih i rhc Iit)ll (.ch ilnd, thereafter. implement in a manner srtisfactory to lhc Llank, resettlemsnl action plans as shall havc beer acctptcd by lhc tlank rs being satisfactoryi and (ii)works on any sfcsific Proiec! srlc lh:r! give rise lo Affecled Persons shall nol comnletrce unlil thc rcsPe'li\ru RAP is fully inlplemented in 2 manner satislbclor) lo lhe B3nk Providc to lhe Bank ibr its prior revicw, any revisio'r Prol)oscd lo bc introduced into tlre RPF or RAP. as the case nray bc. lo achrclc thc respcctive docunrenl's obJecti!es, and thcreailcr irrliodtrc' srt'h revlsion into suclt docunlent as shall have becn lsrc.d \\'ith lhc 3'nk' Mainrait! policies and Procedures adequale to enible il lo nrorrihr rtrxl cvaluale. ir accordancc with guidehnes acc.ptiblc to thc Bir)k, lho inrplemenlation of lhe RPF and RAPs. and the arhrevcnrcnt ol thcrl respeclive objeclivcs (]rie vo Dcc Redrer s M. c ho ni s n I 3 The Borrower shall cause thc Proiect Implemeoting Entity to €slablisl r:nd ;nplemcnt, throughoul the Project ir ple'mntalioo. an easi')' acccsJi:rlr crievance r.dress m€chanisrn, acceptable lo lhe Brnk, to address lt€d5r!;' ind grievances rctating to the Project as sct fo(h in thc Opc'xtion MaflLtnl Intertlot io) rl WotervaYs ￨ 'l-hc llorrow€r shell cause th€ Project Lrplemenling Unlity to cn\urc- \lltcn rry activity uDder an In\cstrnent Subproject rvill involvc any iniornrilioral Nalcrway (as defined itl the Bank's Opcratioral Polic)'7.50), Ih'rll G) such activil-Y shall be limited to ongoing sche'l]cs. prciccts involvir\s (lr) such activaly shall be Iirrited to only rrinor additions or .lltcralions to the ongoirlg schetrre ind it does llot covel works nnd activilics thal would ixceed the orisiral schcme, chnnge its naturc, or so altcr nr cxpand its scope and cxlerlt as to fiakc rl appcar nc\'r or dilitrc'rt irdd;tiorrs or aiiemtions tha! requirc rchabililttion. conslruclrcn or oth€r changes thatl (i) will not adversel!' chrnge lhe qurlity or quantily oiwaler uov,/s to.lte othcr riPnr;ani and (ii)will lror trc advcrsely ailbcted by the other riparian s possii')le rvstcr rr:cr 'rnd -t0 Scc■ On II PrOlect Mon"。 ling RcDor重 ■■and Eval■ ■ ̀1,, ￨ヽ Projccl Rcports Th(,Bonower shalt causc rtre proiccl Imptenrentnrg Ertnry to mor)iror cvaluil( lhD pogress ol rhc projccl and preprrc ljrotccr ticporrrrrd In accord.nrce wilh the pro!isions ofsect;on S.08 ot rtic Ceneraj Cona;r,orr, :r,rrt or the,hdsis ol'indicitors ?ccephbtc to rhc Bank fach projc.t t(,.f"., ,i;;ii iov':' tl'e prriod o( onc cale,ldar seDrestcr. and shrll bc ti ,r;h<d to tIl( Br,!l nol lai.r than one rnonth after the end ofthe period covered by such rr:por:t Fir:rncilrl Menagcmcnt. Finarcial R€ports rod Audiis ￨ Thr Borro\{q shall nraintaio or cause to be rnarntaincd, i, Ilnincirl syrlenl in a.cordarrce wrth thc pro\rsio|ls oI SeclrnI S 09 ol ,l,r 'nanailernerrl (;el'eraI Co'ldirrons I 'l'h€ Borro\er^sh3l causc the projecr i Thc Bor.rower, throu8h rhe projccr ImptemcntinB Lnrrry. sha hx!c rt_c Frnancial Statcments audited in accordancc rvith rhc prorrsrons oi Srcriorr 5.09 (b) of th€ General Condilions. Each al|dir ot.rhe Fin.nciat Srarc,!)ents shall cover the period of one fiscal year of the Borrolv.r. Th; ;,;,;.; Fin.rn.ul Slalenrcnrs,br cnch s ch period shalt bc l.urnr\hc(t ru rhc udllt ru, ht..r lhJn s,\ months dfrer rhe (.d ot such pe,rod tmplcmentx)g Enrit). h, r,rcDar( :rn,. lu,nish ro lh( Bank nor tarer than forr)_five (45) di, rhe;nj o: calend scmest€r,;nreflm rnraudrled financialreporrs tor"h.; "r,.u rhc protccr cu\crinr the scfire\ter, ;r) for d"(l subslance sarisfactory io the triinl. Serlion I Il. ,｀ Procrrement Gcncral Goods, Work and Noll-consulting Serviccs. A,l soods. wor.ls :nd nol iorsrll:nt scniccs r(qurrcd lot thc protecr and lo b.. irnrnccd u.,t at.tt,r procecJs ol th. Loan shall b€ prJuured in accotdance srrh the rc,lrr.rLrnrnrr so foflh or refefied to in Section i of thc procurenrcni Cuidelines, and rvitlr the provisions ofthis Section. 0 Coosultants' Servic€s. All colsultants' services required tbr the proicc{ lo bc financed out ol $e proceeds of the Loan shali bc orocircrlr irr.l i.cordarrr $rtlt rhe requrrements sct forth or relerre,l ro nr \eL rrrrr. Lrnd tV ol'lhe Consultanr Guidetines and with rhe prcvisions of this Stotion. D D.{iuitions. Thc capitalized tcrms used below in d)is Sectior to descrihg pi(iculr[ procuremert nrethods or methods of re\icu bv lhc I];rnk .l p.rrLriuier'ronrr.rcts Iefcr tr thr cofl.cjpondinq ).lhod drscribl]d ,n Srclro \ ll rnJ lll ot ihe Procurenrenr Cuidelrnes. o, S"ir,ou, ll. ll'. l\. .ruC \ ,,r i,,. (lonsukant Cuidelincs, as dlc case may ‑1‐ be. I'xr(ic hr Methods of Procrrcmcnt of coods. Wolks And Nonconsui!ing Sert ic.s lntcl'llnlional Compsiitiv€ Biddirg. [xcept as oiher!visc providcd in prragraph 2 below, goods. lvorks and non-consultins serviccs sh]!l l,c procured under conlmcls aNarded on the basis of lnternalrotral Competilivc Biddins. , Othcr Mcthods of Procurement of Goods, Works nnd Non-colsulling Scrviccs. 'Ihe tbllo\ving othcr than InterndroDal Compclirivc 'nethods, Iiidding. nray be uscd for procurerrrenl of goods, rvorks and nor'coniulrrrs seryices for thosc conkacts specitied ;n the Procur€men( Plnn: I'rocurc'nent ]!letho(l (a) Nation.l Competrtive Bidding, subject to the additional provisions sei "Opcn co petilive procedures" (i.e "public tendci ) shlrll be the delbult rule A single envclopc proccdure shall b. used tbr lhe submission of goods, works. or non-coDsrllirr-{ (1) Invitations to bid shall be ad\,€rtised in at Ieast on€ \vidcly circulated national daily newspaper allovring a mininrun) ol thirty (10) days for the preparation alld submissior ot bids. Adverlisenrents published in tbreign languige ncwspnpcrs shall bc in comphancc w,th sn(h . i0<iay-rrrrrrrrrrr,r I, nunlber ol d:ys for bids preparatiotr a,rd (ubnri\srun (ii;) Bidding slrall nol be resiricled lo pre'registcred llrl)s ll regislralion is required, rt shall rot be dcnied ic ciigiblc bidders tbr reflsons unrclaled to their capacity arrd rcsourc.s to successf[lly pcrform the contracl (c.9.. nr.nditrr), menrbership ir ptofessio,!al organizatio|ls, classiticaliorr. etc). Post<lualificetion shall be co0drEt.d tc verily lh.rr lhc biddo has thc capabiliiy and resorrrces l) srccessfirllv perfornr the conlract (i, Bonorvcrorvncd enterprises in Georgir shail bc elisiblc lc partic;pite in hiddin8 only ii they can eslablish tl'nl lhcy arc lcga,ly and financia,ly autonomors- operale uir(lcr comm€rcial law and are not a dcpendcnl agelcy of lh. Borrowcr Borrowerrwned err€rpriscs will bc subjccl ro lhe saffe bid and pcrformance securil) reqilirernents rs olhcr bidders. (') Procuring enrities shall use the approt,ri,Ic TJ.,nk's sfinplc ualifi c:!tion docum.nrs. bidding ciocumenls, includin -\2- r Procurcmcnt Metho(t ro. the procuren,c,rr c*lood., t"uitJ; no,rcons,"tri,- scrvrLcr. and such docum.r,rs shajl conl:rir dratr conrr:.r dnd condilions of corrract inclrdi,rr clauses on Iraud .rrrtJ eonxption. audir and pubticarion of award. a acceplrb,c ro the Bank. (vi) (vii) Bids_ dralt bc opcncd in pubtic irnllredi{tety atier thc derdlinc for submission of bids. Bidder,s rotncs€nraliles sl'all bc p€rm,tlcd to an€nd $e bid openrng. Extension of bid validiry shal be.llowed once only for rol morc thnn thirty (10) days. No furrh€r extcnsio,rs shoukt bu requested rvithout th€ prior approval ofrhe Bank. Evallktion of bids sliall be based on qrantifiablc critcrin exprcsscd in nronctary lcrms as dcfined in the bidding docurnerts, no meril point svstenr and no donresric prcltrencc shall be used io the evaluation ofbids Co rracts shall bc ewarded to quatrfi(d biddcr\ tr/vint subn,,rr((t lt:( lowcsi cvaluated substantrally resnonsr\c bid Jnd ,rc negotialions shall be carricd out priorto conkaci aw3rcl. (iヽ ) Crv'l lvorks conrracrs of ton3 drrarron (eg. nror! ,irj,,r eightecn (lt) rnonrhs) \hrll contirn.n apnropriir. adiuslment clanse nriL.. No bid shall be rejected p[.ely on the basis rhar thc bid pricc is higher than rhe estrmated budgrt for tlHr pro(rircrncnr All brds shall flot be rejected and ncw b,ds sohcrled wrtlro r L I thc Bank's prior concrurence. (h) ShopDing (.) Dirccr Conlracr;')g (' ￨ PnrticIhr Me(hods of Procurenrent of Coltsuhants' Serv-'iccs Qtttllity- ard Cost-brscd Sclection. E\cepl as othe!.wisc pro\,i.lcd in I,araqmph 2 below. consultants,services shall be procured undcr conlacts awnrded on thc basis ofQuality and Cosr-based Seleation Olher Metbods of Procurem€nt of Consrltanls, Servic.s. Thc faltowifB rDcthods, othcr than Qualil.v and Cost-bascd Selecrion, may bc useti rii procure,nent ofconsulta ts' services lbr those contmcts which ire socci,lcd in ihc Procurcrnel]r Plan: -D- ︱ ﹁ コ ProcorcmrDt Mctlrod Qualil)-8.!scd Scl.cr'on ● S.leclion un(ler r Fi\ed ｃ 一 て i,crsl Cosl S€lcclron Setection Based on Corsultanls' Qoalilicalions Singlc-Source Selection ofconsulting fi ns -_l Procedur€s sei tbilh in paragraphs 5.1-5.i oI the Cons ltrni Guidelines for the Seleclion oflndividual Consultanls S,"gl.-.*r* proccdrrrcs for the Selection of lrrilivnlrtrl ︱ ︱ (g) ﹁ ︱ D. ﹁ Selecloo ofUniled Nation Ageniil.s Rcvien by lhe Bnnk ofProcrrenlcnl Dccisions The Procuremenr Plan shatl sel tb(h tho$ conlracts $4rich sllall be subiccl to the Bank's Prior Review. AII other contracts shali be snbjccl to Post Rc!i'\! by tIc Bink sr.rn,n lV Withdriwrl of Lo.n Proceeds l. The Borrower nlay withdraw lhc proceeds of the Loan in acco(la'cc \lilh lhc provisions of Articl€ II of ihe General Condilions, lhis Scclion, and sneh :rdditiona! instruclions as the Bank shall spcciry by notice to lhc Borrowcr (inchding lhe "World Bank Disbursement Guidelines for Prolects" (lalcJ May 2006. as revised fro lirr)e rc lrnre by the Bank and .-'s nradc applicablc lo lhis ABrcemenl pursllant to such inslruclions), to linancc Eligiirlc E\p(nditrres as sel fbnh tn the table in paragraph 2 below. 2 thctullo$inSlablEspecificsthecaletoricsofElrgrbieFro.'ndrtrtrr''h'rt rt't' br lirdnced out of lhc procecds o[ lhe Loan ('Caregury ]. the .rllu'"trr"'t o' ll|e rmounls of the t oan to each Category, and the percenla$c ofexpcnditrrr(s to be firanced for Eligible Expenditures in each Category - i.1 Amounl of thc Lo:rn Alloralcd (erpressed in USS) Irinautsl (inrhsivc 0: Tu\cO 59,0i0.000 80̀´ (2) Orral,,rg Costs 800,000 ヽ・ (l) FroDt.cnd irce 150,000 Amornt f.rvaiJlc pLr.snlnl to Sfttion 2.0i oi riris Agrecnrcnt iu iccorda|cc Citcgory ( l) Coods. \Yorks. non- E\pr rlitrrcs tl) b( , consulting services, consullatrts' services and -l'raining ￨〕 rvith Seclii 2 07 {b) ol thc GcrernlConditions (4) lnterest Rate Cap or 0 lnlercst Ralc Collar premiunl Amofint duc fnrsuant t. Sec(ion 1.08(c)olthis ︱﹁ ︱ TOTAL AMOUNT lVithdrllwel Conditions; Wilhdrxwnt period ￨ Nohvithstanding the provisions of pa( A ofthis Secrion, no wirhdra*lt shalt be mad€ for paynlents made prior to the datc of this Agr€enrent- €:(ccpr Ihrl withdrnwals up to an aggr€gale amount nor to e:icce<t USS|2-00000{) cquival€nt, may be rnade for payments mads prior 1() rhe (lntc ul- this Agrcenrcnt but on or afier Aprit ,20t5, for Eligible E\pcnctilrrrs uDCcr Calcso'_.r' (l). ]-Ile Closing Datc is December I t.20lg. SCHEDULE 3 Amortizrtion Schedulc ￨ 'l-he following lable sets fonh rhe principal payment Dates ol'rhe Lonll a ,J the percentage of the total principal amount of thc Loan pryable or cach Principal Payment Date ("lnstaltnrent Share'). lf rhc procceJs of the Loan have been fully witl ra\rn as of the irst prircipat iravrnen( Dnrc. lhc principal anrount ofthe Loan repaysble by the Bono\lcr on erch plincipat -t5- 'Pa],mcnt. Darc_ shall be deiermined by the Bank bv nrutiiptyrn! (r) Witlrdmwn Loan Balancc as of th€ finr principat payrneirr Uatc: bv ifr) thc InsiaiLnent Share for cach prirrcipal paymenl Oai", suct,."p,y"l,l" anrornr to be adjusred, as rrccessary, to deduct any amo[rts reterrer]io n pJr,13r,rpl, I ulthis S(hedule. ro qhtch a Culler,cy Convcrsion a|plrcs l'rinriprl Paymert I)nlc Lrstilhn. t Sharc On cnclr iunc l5 and Dccembcr ls On ,tltlじ , lleBinri,!s December l j, 2029. thongh Dccamber I5, 2039 4 SS・/. 15 2040 445・ /・ コ If the procccds ol llre Loan have not becn fully wir,rdmwn as ot thc lifsr Prrncipal l,ayment Date, rhe principat amount of rtrc Lo:ri repayabte by rirc Borro\vcr on each Principal Paynent Date shall be d€remined as ti,,lows To the exleni that anv procceds oi'th€ t_oan havc bc€n wiihdrarvn r:s of thc firsl Principal Payment Dale, thc Borrorler shall repay rtrc Wilhdrarvn Loan Balance as of such dare rr accordrnc. lvirh paragraph I ofthis Schedule. (b) Any amounl withdrarvn after the tirst Principat pay$€nt Darc jtrxlt be repaid on cach Principal Payment Date falli q atier lhe dilc ol' \rcir \.thdrawat in amo"nts derenrincd h) rhe B; t b! muit.t.t\Ir.r tir anrount of each such wilhdrawal by a traction, the nunrciarol of rvhich is the original Inslalhnenl Share specified in thu tabic in parngraph I of this Schedule for said Principal paymenr I)arc ( Criginal lnstall'nent Share') and ihe dcr)ominaror ol \!hich i\ Lhc sunr of all remainang Original Inslallmcnt Sharcs for ilincipat Pa),ment Dates falling on or aft€r such datc. s ch aDlounis rcpaynble 10 be adjusted, as n€cessary, to deduct any amounts rcfcn.cd lo in oaiagmph 4 of tlis Schcdule, ro which a Cuireocy Convcrsiorr rDplies. , (r) Anrounts ofthe l,oan wittndrawn wilhin two calend:rr nronths prior t. any P|incipal Paynrcnl Date shall, for rh€ pu|poscs solety ol calctlating lhe prancipal anrounts payable on any Principal Payrrrtni Dalc, be t,'eiled as rvithdrawn and outsranding on thc $ccond P.iDcipal l'ayDrenr Datc lbllowing lhe date ol\vithdrawat alld shllll bc r.payable on each Principal Payncnt Date connncnc rg \!irh rhe second Principal Prynre|t Date following the dale olwirtrdrawal Notwithstanding the provisions of sub-parasraplr (,0 ol this parasraph, if al any lirrre lhe Bank adoprs a drre daic Siltin! st,srcnl runCcr which invoices arc issued on o. after the respectivc Pdicrpal -16- Paymetrt Date. thc provisions of such sub-paragr.tph sllall no k\ne!l apply to any lvithdr.wals mad€ afr€i the adcprion of stci biltin! system. Nolw'ithstaodinB thc provisiorrs of paragraphs I a d 2 of rl)is Sshcdulc. uporr a Currency Conv€rsion of all or a|ly po(ior ol thc Withdrau,]r l,orn llillricc lo ill Approved Currcnc].,. the amout so conv€rled ir rhe Appro\cd Crrc cl thal is repayable on anl Principal Paymert Date occLrrring rt,rring tfic Co'rversion Period, drall be detenninej bv the Bank by multipt.vrnr sr.h amount in its currency oide o,nination imntediately prio! lo thc o)nvu,slorl by eilher: (i) lhe exchange rate that reflec(s the arnounts ot p|ir)ciDal ir lti$ Approved Currercy payable by the Bank under rirc Clmcncr itc(t!c -frtnsaotion relating to the Conversion: or (ii) il tlre Barrk so rlctr.inrinesir accofdancc with the Conversion Guidclines. the cxchanAc rnte cociponlri i'i tlr Screen Rate. It the Wilhdrawfl Loan Balance is denominaled in mor,j thrn orc t_orr: CLrrrency, the provisions of th;s Schedule shall appty scp aiel) ro ihe arrcont dcnominated in each Loan Cur'€ncy. so as to prrdtrlc it scpll|ats anrortizalion schedul€ lor each such amount -17-

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LOAN NUMl,ER 8494‐ (:E Loan Agreenlent {'ahird Ilcqional i)a!ctopmcrt p[oie() bcl eeo INTERNAT10NAL BANK FOR RECONSTRUCTloN AND DEVELOPMENT Dated ′ 7ι ι ′ 今′ ̀′ グ ,2015 LOAN MIMBER 319● ̲GE LoAN ACRェ EMENT 師 蝋 げ冨:Ъ 。 縦 ∫ 聡 nハ '研 eA"md、 o面 s A9ecl叫 肌鳥脚i紹棚 蘇 町1彙 ‖ m2撒 llき em■ c寵 即酬 鸞 翼紳 ￨[難鮮 臨 犠 I‖ 1 ARTICLE ll― ― LOAN 2 01 Tl〕 c Bank agiccs 10 1cnd tO the じ0,rO、ver, On ilic tcnns and cOnditiOns sc: hC amou耐 、 、 υ嗣Hon Dtt̲s 1機 と 濡 ξ l跳 几 sI:i:尉 ∫ imぃ nt may bc cOnvertcd rrom mc t。 inc thrOusll a Cu rency cOnvcrsiOn in accOrdance wnh the prOvisiOns Or seclon 潔 nら nmans mc p● 懸 潔 1'卜 絆 ぎ 1∵ 』 i性 1籠 ,‖ 11増 2()2 1 llじ 8o!1。 、 Vet lilay wit卜 dra、 v the p「 ScetiOl:iv OFSchcdt:le 2 10 this A3「 2 03 Occeds oF tlle Loan in accO:tlanct wiih ecmCnt rhc F「 Ontく nd Fcc Payable by the BOrrower shall be equal tO。 one peiccnt(025・/)。 Fthc Loan amOullt ¨.指 :IPTヽ 205 co dcヽ oわ 「 臨∬ wlま よlil織 1ギ l‖ 0、 vei fOr each lntercst PcriOd s1la11 6c at n Spl]1換 t卜 c qua1lcl or e∬ 出 Fi溺 ;明 1｀ llc intc!est payal,le by the 3o「 1〕 ilfl}?「 Cln;11。 器 1::半 llal[ ‖Illllilllll紫 1棚 腎枇 i楓 ll'1轟 ぶ譜 ギ c 「cleva:lt provisiOns Or Articic lv ￨キ Of thc cencに : l c(,ndil10ns :器 出惧鵠瑞 彎癬h∬ 締認IIn撃 ふ:縫 よ 11選 出 :｀ periOd OF口 able by the 3ol「 owel● )an in引 cad ",dayS,then p″ わc calculated as prOvidedthe in intcrcst Sec10n 3 02(c)。 206 f ttc(〕 encra COnd 11〕 c Paゝ ′ :1le:1l Dales arc lune lS and l)cce]nbe: 15 in cach yen: ￨。 ●s 2.01 Thc principal amounl of the Loan shall be repaid in accorda$.c wilh lhc amorriT-arion schedul€ set fonh in Schedule 2.0s. (a) i to this A!rccmcnl The Rorowcr nray al any time requcst any ol the lbtlowing Convcrsions of lhe ten s of thc la6r in ordq to facilitat. Dr[dcnr debt nmoagerlcnr: (i) a chanSe of the [-oan Curtuncy of zl' or nDv porlion of lhc principal anount of rhe Loan. $,irhdmlvn or unwithdrawn, to ar Approved Currenc.!: (ii) a chan8c ol'lhc illrcrcsi ratE basis applicable to: (A) a,l or any poflioD ot ll)e principal anx,o t of lhe t-oan withdrawn and oulsrandins liotn a Variabtc Rarc to :r Fi\cd Ratc, or vicc vcrsa: or (8) all or any portion oi the princrpal altrount ot thc Loan wjrlidrawn .,ld ourstandiru tron) a Variablc Itut€ based o[ a Referefice R.te and tle Variable Spread to a Varirllrlc Rate based on a i:ixed Rcference Rate and the Variablc Spread, or yicc versa; or (C) all ofthe prirrcipal aDroult ofrhc l-oan qithdrdw and outstanding ftom a Variable Rate based on a Variable Sprcid lC) a Variable Rate based on a Fixed Spread; and (iii) rhe scttinB of lirnits on the Variablc Rale or the Reference Rate applical,tD to all or ni! portion of lhe principal amount of the Loan wiihdrar.Jn nnd outstanding by lhe establishmcnt ofan Inleresl Raie Cap or lnLerc\i Rate Collar on lhe Variablc Rale or lhe Ret'ercnce Rate (b) Any conversion requested purstxmt to p.ragraph (a) of (his Scction rhal is accepted by ihe Ballk shal, bc considered a "Convr.rsior]", rs defined in the General Conditions, and sh.ll be ctt'ecrcd in accordance with the provisions of Artrcle lV ol rhc Gcncrnl Cond;tions ard oflhr Curverrror Curdclines (c) Prolllptly lbllowing the Cxecnlion Date for an lntcresl Raic CaF or lnlerest Rate Collar for whicl the BorroNer has requcslcd dral rhe orenr;utu bc paid out oflhe proceeds ofthe LoaI, thc Bank shill. on behalfofthe Borrower, rvithdr.w fiom the Loa[ Accounl rnd pry ro itself the anrounls rcquired lo pay any Drelni rn pn),ablc ir accordance with SectioD 4.05 (c) of lhe General Con(lil;ons up to lhlr anlouot rllocated liom tinre 10 lime for the p rpose in th. rablc i,l Section IV ofSch€dule 2 ro !his Agreenlcnt. ARTICLE III - PROJECT 1.01. Thc Borrower dcclares its commitment to thc objcctivc ofthe Projc.t. _l-o {his cnd, th€ Borrower shall cnuse the Proiect to be carricd o l by thc Loi.ct lDpleNenting Entity in accordance with the provisions of Aficlc V ot llB GcncrnlCond;tions and lhe ProJecl Agreemenl. I02. Withort l;mitation upon the provisions oi Section i 0l of lhis Agrcerrrntr aod except as the Borrower aird the Bank shall olherwise asree. lirc Borrcwci shall cnsure lhat the Project is ca 'jed out itl accordrnce with lhc proyisrors ofSchedule I to this Agreenleni ARTICLE Iv - REMEI,IES oF THE BANK 4.01. The Additional Event of Suspeflsion consists namety ot.rhc followir)s. tlut the Pro,ccl Irnplcrnenting En(iry,s Legislation has bcen amclde<t, suipen<1eiJ. ab.ogated, rep€aled or \,aived so as !o affect, marerially and advcr*,.ty, Ilc rbiliry of the Projecl Inrplerienting Entity to D€rfonn any ol its obtrqalons u (lcr the Project Agreenrent 4 0?. The Addilional Ev€nt of Acceleration consisls narnety of the fo owins. th thc eveDl specified in Socrion 40t of this Agreement n""ur. ol*t i. l conlinring ibr a p€riod of ninet_v (90) days afte roiicc of rhe cvcnl h \ bc! given by the Bank to the tsorrowcr. An'rtCLE V - EFFECTIVENfiSS; TERMTNATIoN 5.01. Thc ACdilionalConditions of Effecdveness consisr ofthe fo owin!: () Thc Srbsidiar] Ag,eenrerrt has beeD execuled by thc Ministry ot Finance and lhe Ministry for Regional Developnrcnr :rnd Infiashucturc or behalf of the Borrowcr and the I)roJc!l lorplerrrcnting Entity. (h) The Project Implemenling Enlrty has adopted rhc Operarion l\4nDurt. iI fornr and substance. satisfactory to the Bank. 5.02. The Addi(ional Legal Maher consists of namely of llre lb owing. rtut lhc Subsidiary Agreemenr has been duly authorizcd or latificd by thc Itorrowcl and th. Proicct lnpletnenling Entit), and is legally bindin,t rnon r|c Borro*cr aDd thc Prcjcct lnrplenrenling Entity rrr accordance rvith its rcrnrs. j.0i. Thc llffectiveness Dcadline is thc datc one hundred and twenly (120) di\,s aftcr th€ dato ol'this Agrecn)ent. ‐,‐ ARTICLE Vl― ― REPRESEヽ TATIVE,ADDRESStS 6()I TI、 c301l owcl'S Repre、 c ltat ve iヽ ltsヽ Иiliistel o'Final,ce 60, 「 1lc Bo「 io、 、cr's AdOress isi Ministiy orFina,lcc 16 Gorsasali Sticet 0114 Tb口 isi Ceorgin 「 nes nile: つ95‐ 32‑22̀2423 6 0S Tli● Bank.s Add:css is lnte「 national Bank for Rcconstttction and Devek),lnent IS18 H Si,cet.Nヽ V ν/ashin31on,D C 20133 し itcd Stales。「 Anぅ ericn 'う CJblt adt,cssi lNTBA「 RAD Washn̲tOn,DC Tc!じ 、: 248423(MCl)。 r ̀4145(MCI) ‑4‐ Fac、 Ⅲl ,ltl l 102 477 63'1 ACREED ar Tbilisi, Georgia, as ofrhc day and year fi.sr above wrilen GEORCIA By 熙 鳳而 モ r\ uthoriT,edRcprcseIrr I i\ ( Naに 幽η のuρ ̲た 盤̲̲lα ス ,nt, FllllilfER nlTERIIAT10NAし BANK FOR RLCOヽ SIRUCll()NAヽ ll DEVE"Э PMENT Bン ￨ N… .11 , . 1.,I 2ノ gttω 蝕鯵一 ヒ ♭ 多 ・ に∠ り raト ― )‐

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APPEND:X Seclì,1, ̀ "Affected Person" means a person \rho, on accofinl of the cxecuiion ol thc Project, llos expericnced or wou,d exp€rience dircct economic and socinl inlpacts caused ty: (a) $€ involuntary taking of tnnd, rcsutt,ng in: (r) relocation or loss of shelter; (ii) loss of asscts or access to assets, or (,ii) toss of inconlc sources or means of livclihood, whcther or not such pe|sons nrusr lnovc lo nnotlrer location; or (b) the involuntary rcstlictioll of acccss fo lrsili) desrgn.rted p.rll< and protecrcd ar.as, resulirng rn rdvclsc rnrprcrs nn the livelihood ofsuch person, and "Affccred persons" means, collectively, rlt such Alf.cted PL'rsons. 2. "Afitr-Corruption Guidelil)es" nreals the ,,Guidelioes on prcventine nd Conrbatills Fraud and Corruprion ;n proJ€cts F;naDced by IBRD Loarts and IDA Credits and Cranrs", dated October t5.2006 and relised in Januilv 201 I ''Calc!ory" rrreans a catego.) sct fo(h in thc tabE ir Section tV ol. Schedulc 2 io Ihis Agreement. 4 ''Consullant Cuidelincs" means thc "Guidetio.s Sctection dnd Ernptoynrcnl of Consuhiuts rrnder IBI{D Loans at|d IDA Crcdirs and Cra'rrs by Wo,td Bank BolTorvers" datcd January 20ll (revised July 2014). ヽ ''llnvi,onrrcntal and Social Minagenrent Framework" or,,ESMF,, means thc Environnrenlal and Social ManaBe,nent Framc$,ork disctoscd by lhc Bo|o$cr o rs *cbsitc oI February 12. 20 t5. and rn the Banl \ I'!to.t;cD or, Febnrary I3,2015, whrch s.ts tbrth the policies ard procedures for rafivrng oril t--n!ir.xrneotal, Social and Cuhural Resource Scree,)ings; conductllr,r Eirvironnrc[tal and Social REviews: and thc preparation of lhe ervironmcnl;ll nranagcn)€nt plans (incl!ding, the roquiremenls for rritigalion nrcasures rc l)c i cludcd in envirornrental managemcnt plans) 6 ''Environrn€utal and Social Revrcw" or "ESR" nteans a rcvicw ol , pr(rposcd investNe[t subprojecl, which has been classificd as high risk environnrcnlal CategoN B ihrough the ESCR carried out;n accordance with the ItSMt-, lo stuCy lhe biophysical cllvironnreni in and around thc propos€d irvestm(nr suL)proicct site, io idcntiry and assess any potenthl environmental, social and cuh$rri resourc€ impacb ol implemcntation of such subproi.ct, cvalllatc alterr.livcs, aod design appropriatc nritigation, managemenl, and monitorirg -'Envirofimenral Manage reit Plan" or "EMP means an)r spccrll! cnvironnrenral ,nanagement plan devcloped for all lnvesimenl Slbproi€cl irr accordancc with the ESMF and satisfactory to tllc Bank. -18- ヽ "Environmental. Social a d Cultulal Resource Sclecnin{ or -FSCliS_ rureans a mandalory revie\y ol €ach proposed in\,eslmen{ subprojslrs rl[Jcr l'arls l(a) and l(b) oithe Projecl, carded our in accordance lyirh th! iasvlF. wrth th€ purpose of c?tcgorizing them by expcctcd cnvironrnental risi.i irnd impacts, Iiltering out proposals based on dcgrce of delriDrc.( to thc crlvironnrenl. identifving a Dcerl fo' prepanng an en\ i,onrncni D I'r('nrnl plnn ard determining appropriate extent and rype of envitonmciltal. sooitli and cultural resourc€ review to be appiied to the proposed in\cstnr( t srbprojects accepted tbr fufiher processing. "6eneral Conditions" m€ans thc "lnternatioml tsank aor lleconstnrcli(,n .r,(l Developmcnt G€neral Cond it io s for Loans ', dated Ma r. h 2. l0lt wilh rli. tnodificatio|ls set forth in Seclion ll ofthis Appendix. 1 ￨￨ "GNTA" ,yreans the Georgian Na{iona! Tourisr) Adnlinishalroll ol_ ILLI "lnvcst'uent Subprojecl Financing AgreeDent" nrca s .n) agreenren! cn{crc.i into between the Project Implenrenting Enlity and a Participating LSC ,br lirc provision of Investment Srrbprcjcct Financing to car!] ont an lnvcsrrncDr Subproject, and "lnvestment Subproject Financins Agrce,nsxts nrclns. collectively all such agrcemenls. l?. "lnvcstN€nt Subproject tinanciog" means a Smnt nlrde by the t,roiccl lnlplenlelltiog Eotitv, out ofthe proceeds oflhe Loan, to a Participxiill! LSC iI accordanc€ with the DrovisioDs of Scction LD of Schedulc to ihe l,rcicc! Agreer ent. ll "lnveslmenl Subproject" means .n investmcnt sLrbprojcct urrde! Pat i(ir) or Part I(b) olthe Pro.ject to be carricd out by a Pafticipating l-S(l utili?ing lhc prcceeds of Investmenl Subproiect Financing and nadc avrilable pullsll: rt lL) all Invcslmenl Subproject Financing Agrcenrent. inrd 'lnvc:Jrncrrl Sut proj€cl!" Ineans. colleclivcl),, all such subprojects. 1■ "MOF" means th€ Borro\ter's Ministry of Financc or any successor thcrrto l.i. "MllDI" mcins the Bofio\\,er's Ministrl, of Regional Dc\'eloprtr€It rId Infi'astructure o[ any successor thereto. 16 "NACHP" rrrcans the National Agercy for Culturc Heritase Preseryalion ol ceorgia. t1. "Operating Costs" meaDs rcasooable and neccssary incrcmenLtl crpar)s(-( ircurred by the Project lr)pler)entntg E,r{ity with rcspcct to I)foiccl irnplcn)cntation, managemcnt and monitoring, and outrcach and a\!arellcss campaigns including. the costs ofsupport statTsalaries (excluding s{iiuies ol the Bon'oweis civil seNice stafo, commonication, ediriDg, printins nd publicalion, !anslation, vehiclc operation ard mainlennncc, birnl chirgcs. - t9- Iocal lrdvel costs and field trip expenses, otice rertals. nljlitics and supp|cs. biscd or nr annual budget agrced wilh rhe Ban[, tfi "Operation Manual" nreans the nDnual prepared by rhe Project lmplemenlrrr Enrily pursuant to paragraph 2(a) of Seltion i.A oF Schcdute 2 to llrts Ag,ecnlcnt and io be adopted by the Project ln)plenrenting Erlily pursuant ro Section i 0l(b) of this Agree,ncnt and which NaDUat iDcludes tlle linvironDrcnlal and Social Managenrent Framework and thr Resctilernent Policv Franrcq.ork, as such Operatioo Manual may be a,n.ndDd tiortr tinrc 1() tinrc \\'ith the agreernent oirhe Bank. "Participating LSG" me.ns: (a)a Local Self Governmcnl csrablishcd and operaling by viduc ofthe Borrowefs Orgaoic Lar! (t cal Selt-Govcrnmcnr Cod€) No. 1958-ll-U of February 5, 2014; (b) a Borrower nationat age cy or cnlity (tbr e\inrple, NACHP. the Agency of Protccred Arcas and thc Ceorrra National lvluseum); or (c) administrition of rcligious organizarions. whictI his been selectcd for the carrying out of ar Invesrmenr Subproiecl rn accordancr with th€ el;gib;liO crileria and procedures sel tbfh i thc Operalion Manual. ''Procrtel|rcnl Cuidelines" nrqns the ''Cuidelines: Procurement of Coods, Works and Non-cons$lting Serviccs under IBRD l-oans and IDA Crtdits and Crants b] World Baok Borrowers" dated January 201 I ('eviscd .tuly 20 t4). ''Itr,rcurement Plan" meals the procurement plan for thc ProJcct daled Fcbmary 20. 2015, and rcfcrrcd to in paragraph I 13 of the I'rocurenrent Guidelincs and paragraph 1.25 of the Consulrant C idelines, as thc sarne sl]ill be updaled frorD time to time ill accordance rvith rhc provisions of saitl prngrirphs. う0 2i. ''Proji:cl lnplementinE Etrtity's Legislar;on" mears tlc C[arcr of \4DI: esl:b lished pursuant to Decree No. I I 8 of the Govern men! of G eor gia datc d iuly 2i. 200j. as arnendcd 10 date. *Proje.l lnrplenrenting EnliN" or'MDF" means the Municipal De.relopnrcnr iirnd of Georgia established pursuant to Presidcntial Ilecrce No. 294 ol (hc Prrsidcrl cfCcorgia. datcd June 7, 1997, as atnended !o dale. 2,1 "Rcselllenrcnt Actio Phn" or "RAP" means a specil-ic rcs.ttlcmeirt aclion plan developed fo. an Invesinent Subpro.ject in accordance lvilh rhe RPF nr)d satisfacrory to ihe Bafik. and "Reseltlement Acrion Plans" nrcaIs. coll€cti!ely, nll such Resettlement Action Plans. つ 一 ''Resettlrmcrt Policy Franrewolk' or "RPF' nrears the rcsctllcnretrt policy frar:reu'ork disclosed by lhe Borrower on its website on Fcbrrlary 12, 1015, :l:rd in ihe Bank's Intbshop on February !E, 2015. which sets lbfih ,//rr arr./ (a) the dcscriplion ofareas covercd by the PrcJect: (b)the legal b.rsis nrd scrccain3 process for land acquisition. resellle$enl and lrnd use in conneclior $.ith works and cooslruction activities to be ca[icd oul undcr lle -20. P,oi('cl: iu) drc rcse lement pIn(iptrs anJ ent,rle-r(r...t \rri.t,r ..r.,,( oJsco oI drrrernt cal.gories of irnpact: ld) the procu,rtIJ5 lor:un,,,ri.,r .,r !erualron. comp€nsa(ion, trvetihoods rc<lordL,on .rnd urt,., ,..",.r,,,,cc on**g personr. incrudrng rrrc 1ri.,,,,.. r,,".,.., ,";it.';',';.: il:111L::.iT !csponsrbrtrlre(. procedures and rcquirerrrents 'rDptementatton of site-specifi c RAps for rl,e clc,cl^pm.,r, :rna ´ ０ つヽ ,1sr_e:m:la,-,n.ans rh( dsrce,,,enr rererred r. ,n pi,,llllr:rpr In .Su::,dil? 5e(tron lB ol Schedule 2 io Ihrs Agreenrcnl pursuain ro siictr rirc n"r,o,rr, shalr nrdlie lhe proceeds of the Lo6I availablc ro Ertity dr( IrroJe(r Inr;.trrrrtrrtin- 'lr.ri,rtrtg nreans exp€ndirures !ncuryed by the protect rrr conn(crron wrth carryinB out training tmnl(nr(,,irnr ;:Ir.,\ actrvirres under pirr : or rh,. p,,,,.,. rnclrdrnts lravel cogrs and pe, dien tot locat tfttr*.. .,rua, a*. conltrences, and non-degrce fe owshjp(, ,enrat t".,t,,,.., .,;i ""..r.i,,-. .r..,,;;;:.,; nnd trir,nrnB.materials a,rd rclated supplrc< Uasra"to,, a s..n,r-rnn,,rl ,,uo,t., a-rc€d with lhe Ba k SCC̀iOn:I MOdi ca● Ons tO thc Cencral cOnd":0■ s 'flre Ceneral Conditions are hereby modifi€d as folloNsl h) ihe Tabl€ of Contents, th€ refcr€nces to ScctioDs. S€clion SeclioD numbers arc nrodified to rencct the modificaticng set lb,th in rhc pa.agraphs bclow. Scc on 3 01 √ ‐ 薇■ ′″′ル ι)ヽ modiFled lo read as 10ilow、 Sec● On 3 01 Fr 劉ギ 〜 ″ FIo Calll″″′ ″ ′c"arge i蠍 胤:胤 W席 腑 λ 盤:認 [織 lilm to flunrbcls.I)(l 服 督 器 liぼ |lroditica!;(rn sct Jo(h 馴 猟￡ :::∬ ‖ ノ 6岬 l型 ‑21‑ Sccti(nr in 'i-h. ApDendi\ is modified by inserling a ncw paragraph l9 w;lh lhc ibllowing definirion of "Cornnritorcnr Charge,,. and rcnurnbcrinq rhc ,ub,currcnr poragraphs accordrngly '19. "Co,nmitment Chalge" means the corn,nihncnt charge specified in rhe Loan Agrccmcnt for rhe purposc ofsccrion -] 0l(b) ' ln lhe renunrbered paragrrph 49 (originally pamgraph .18) of rhe Appendi\, lhc definilion of "Front-€rd Fee" is mdified by rcplacing rhc rcttren.c io Seclron 3.01 !villr ScctioD 3 0l (z). ̀ ln drc renrnlbered pardgraph 68 (originally paragraph 67) of thc ApDendix. the deU rtion ofthe tcrm "l,oan Paymenr" is modilied to reld as foflows: '6E. "Loan Payment'' means any amounl payablc by the l_oan Partics lo the Bank pursuanr to the t-egal Agrcenrents or t,Esc Cclerxl Conditions, including (but nor timiied ro) any anrounr ot tlrc Withdrawn t,Jan Bilance, interest, lhe Front{nd tee, thc Commitmenl ChnrEe, interesi at the Default lnterest Rate (it an:r') aoy Fepaynrent preniurn, any ti"nsaction fee for a Coavcrsion o. eady lermiration oIa Convorsion, the Vnriable Sprcad Fixiltg Char3c (if any). any prcntium payable opon lhe establishnrcnt of ?n tntercst Il.ate Cap or lnrercst Rnte Collar, and any Unwinding ArnoLrnr payable by the Borrolvcr " In thc rcnumbered paragraph 73 (onginally paragraph 72) uf lhc ADpcndrr. tlle dcfinition of "Paynrent Date" is rnodified by delerins the \vord "is" and i sertinq thc words 'afld Commitmcnt Charge are" aftcr lhc \,,ord "irl€rest ' -11-