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ん イ //′ ′ J 肋 槻 EXECUT10N COPY (OpCratiOn Numbcr 36538) AMENDIⅥ ENT A(〕 REEMENTヽ 01 lo a lcan agrccmcnt d.ltcd 18 Februar、 201() (Adjara Sond Wastc Pr● cct) bct、 vccn GEORCIA a1ld EUROPEAN BANK FOR RECONSTRUCT10N AND DEVELOPMENT V 知 助 雫 l イ AiMENDMENT A(:REEMENT N0 1 TO A LOAN ACREEMENT:)ATED 18「 EBRUARY 2010 -l-his amendment agrccmcnt. dated l\ 20ll (rhis "Agrcement"), is made bctwccn CEORG:A (thc "3oFOWCrう and thc EUROPEAN BANK FOR RECONSTRUCT10N AND DEVELOPMENT,an intcrnational or8anisatlon formcd by trcaty(・ EBRD・ ) WHEIIEAS: (A) EBRD has been eslablished to provide financing lbr specific projccts lo losler thc transilion towards open market oriented economies and lo promote privale and entrepreneurial iniliative in lhe Central and Eastem European countries commitled to and applying the principles of multiparty democracy, pluralism and market economics; (B) the Bonower cntcred inlo a loan agreement with EBRD daled l8 February 2010, as amended from time to time (the "Original Agreement"), pursuanl to which EBRD agreed to lend to the Borrowcr, on the terms and subject lo conditions of the Original Agreement, an amount not lo exceed EUR 3,000,000; and (C) lhe Borrower and EBRD wish to amend the Original Agrcement in cenain respects in order to indicate correclly the last Loan Repaymcnt Date given thal thc Panies hereto have agreed that the Borower shall repay thc [,oan in 24 equal (or as nearly cqual as possible) semi-annual instalments on 15 March and 15 Septembcr of each year, with the first Loan Repayment Date being 15 March 2014. NOW, THEREFORE, the Panies hereto agree as follows: Section l. Definitions and lotcrprctation (a) Terms defined in the Original Agreement (whether directly or by reference to any V other agreement or instrument) shall, unless otherwise defined herein, have the same meaning in lhis Agreemcnt. 'l'he provisions of Section l.0J of thc Original Agreemcnl shall havc elTect as itset out in this Agreem. in frll, nutotis nutundii- (b) The Original Agreemenl and this Agreement shall be read and construed as a single document. Scclion 2. AmendmeDts (a) with effect from the date of ratification of this Agreement by the Parliament of Georgia, Section 2.02(e)(l) ofthe Original Agreement shall be deleled in its entirely and replaced with the followingl "(e) (l) Thc Borrowcr shall repay the Loan in 24 equal (or as nearly equal as possible) semi-annual instalments on 15 March and 15 Seplcmber of each year, with the llrst Loan Repaymenl Date being 15 March 2014 and the lasl Loan Repayment fJale being I 5 Seplember 2025." (b) The provisions of the Original Agreement shall, save as amended by this Agreemeot, continue in full force and effect. Scction 3. Furthcr As\ur:lncc\ The Borrower shall, at the request of EBRD and at ils own expense, do all such acls and things necessary or desirable to give effect to thc amendments effected or to be effected pursuant lo this Agreement. Section.t. Misccllancous (a) All the provisions of the EBRD'S Standard Terms and Conditions datcd lOclober2007 are hcrcby incorporated inlo and made applicablc to this Agrccment with the same force and effect ifthcy were fully set forth herein. (b) All relerences to "the Agreemenl" in the Original Agreement and all reference lo the Original Agreemenl in all instruments and agreements executed thereunder shall refer to the Original Agrcemcnt as amcndcd by this Agrccment. (c) This Agreement may be executed in several counterpans, each of which shall be deemed an original, but all of which together shall constitute one and the same agrecment. ー lN WITNESS WHEREOF, lhc Parties hereto, acting firough lheir duly authoriscd representatives, have caused this Agreement to be cxecuted and delivered on the dalc lirst above u'rilten. EUROPEAN BANK FOR RECONSTRUCTION AND DEVELOPMENT 町 Titlc 、IR´ cTCヽ t 4 EXECUT10N COPY (OpCFatiOn Nl血 ber 36,38) LOAN ACREEMENT (A■ 8ra SOud wnste PtteC0 beい ″ ccn V ｀ CEORCIA and EUROPEAN BANK FOR RECONSTRUCT10N AND DEVELOPIIENT V ヽ ¨ 珈 脅 TABLE OF CONTENTS ARTICLE l‐ STmARDTERMS´ ゛こ)CONDrr10NSI DEFNI HONS… … … …1 Section 1 01 1ncorporatlon Ors匈 ぃ記 Tcrllls and Condltlons… ………… …… 1 Scction 1 02 Dcinltions… ………………… ……………………………… ………………… 1 2 Scction 1 03 1nterpretat10n …… … …… …………… …… … … ヽ ARTICLE II― PRINCIPAL TEmlS OF THE LOAN… ………………… …………………… 2 Amount and Curlellcy… … … …… … … …2 Scction 2 02 01her Financial Tenns oftho Loan… … … … …… … 2 Scction 2 03 Drawdowts …… …… … …… …… … 3 Sectlon 2 04 Authoised Represcntanve FOr DEwdowls… … … … … … … … … 3 Section 2 01 ARTICLE In‐ EXECUT10N OF THE PROJECT… ………………………… ………………… 3 ヽ S∝ tion 3 01 0thcr A :̀1lativc ProJcct Co■ cnants… …………… ………………………3 ARTICLE IV― SUSPENS10N… … …… ………………… ………… … ScctiOn 4 01 W Suspcnsion … …… …… …… …… …… … …… … … ……………5 … …… 5 ARTICLE V― EFFECTIVENESS… …………………………………………………………………… 5 Scction 5 01 COnditions Prccedcntto EfFoctlvcnCSs… … … ……… 5 Scction 5 02 Lcga1 0PinionS― ¨……… … ¨… … …… … … ……… …… … …… …… … …6 Section 5 03 Te ,=ination for Faliw to B‐ llle EfFectN、 … … … ……6 ARTICLE VI‐ MISCELLANEOuS… …… …… ……… …………… … … ……… ……… 6 Scction 6 01 Notices ̲… … … …… …… … … … …6 ヽ SCHEDULE l‐ DESCRIPl10N OF THE PROrECT SCHEDULE 2‐ CATEGORIES AnlD DRAWDOWNS V ヽ︑ LOAN ACREEMENT AGREEMENT dared ,/8 '!sg!L 2010 ben|,een GEORGIA (the "Borrower") and EUROPEAN BANK FOR RtrCONSTRUCTION AltD DEVELOPMENT (the 'BanI). PREAMBLE WHERIAS, the &r* has been established to provide financing for spccific projccts to foste! the transition towards opcn ma*et-oricntcd economies end to prcmotc private and cntreprctranrial initialive in the Central end East.flr European countries committed to and applying the principles of multiparty democracy, pluralism and malket economics; WHEREAS, the Borrower intends to implemen. Urc poject as describcd in Schedule I (the "Projc-cr') which is desigrled to assist ir the irnprovement of the solid wastc nunagement system in the Aulonomous Rcpublic ofAdjua in Gcorgia; ▼ WHEREAS, the Project will be caded out by HiSiena 2009 IJ4 a limitcd liability company orgimised and cxisting under lhc law! of G€orgia alld wholly owrcd by the Autonomous Republic of Adjara (the "Company" or the'?rojecl Entity''as defned in the Standad Terms and Conditions); WHERf,AS, the Borrowe., the Autolomous Republic of Adjara and the Compa.y have requested assistance from the Bank in financing the Project; WHEREAS, pulsuart to the Proj€ct Irnplementation atd Support Agrcemcnt (as defined below), thc Aulonomous Rcpublic oI AdjaE, thc City of Batumi and thc Kobuleti Municipality have undertaken to provide lhe Compaly lvilh lhc neccssary support to succcssfully implcment the Prcjert; WHERXAS, the Bank is in rhe process of arraiging technical coop€ratioo fruds otr a 8ratrt basis to assist in implemeotilg ccrlai[ pans ofthc Projccl; WIIEREAS, the Swedish Intemational D.velopment Agcncy ("SIDA") will pmvide a grart in lhe amount of ELR 4,000,000 to assist in thc finsncing ofthe Project, subject to the terms and conditions 10 bc set iorth in an agrcemcDt bctwcco SIDA aod thc Bank (the "SIDA Granr Agreement"); and ヽ︑ WIIEREAS, the Bar ( has a:reed on lhe basis of, intet alia, thc forcSoing to make a loan to the Borrower in rirc adounl of EUR 3,000,000, subject to thc terms and conditions sct forth or rcfcrr€d to in this Agreement, the project implcmeDtation and support agrecment dated the date hereof between the Aulooooous Republic of Adjara, the City of Batumi, the Kobuleti Municipality and the Bank (the "Projcct lmplementatioD and Suppo( Agroement"), aod in the projcct implementation agr@dent dated the date hcreofb€twccn lhe Company and lhe Bank (the "Proj€ct Inplementation AgreerDenf') (each of the Project Implementation and Support Agrcement and the Project Implementation Alreem€ being a ''Project ASrcemcnt" as dclincd in thc Standard Terms and Conditicns). a V NOw, THEREFORE, th! prrlics hereby agr€c as follows: \ ARTICLE I - STANIi.\RD TERMS AND CONDmONS; DEnNmONS Scctiotr 1.01. IDcorporatior ofst rd.rd T.rEs.!d Cotrdltiotrt All of thc provisions of the Bank's Standard Terms and Conditio$ dalcd I October 2007 ar€ herebr- urcolporated into &d madc .pplicable to this Agecment with lhe 6amc force and elfrct as ifthcy were frrlly set forth hercitr (such provisioas arc hcrcinafter called the "Stanurrd TerEs and Condidons"). SGctioEl.02. Deliuitior,:, Wherever used in this Agreement (ircluding the Prcatnble and Schcdules), urless stated othcrwis€ or the colicxt otherwise rcquirEs, the tems dcfitred in the Prsmblc have the respcctive meanir:r given to them thcrcin, the tcrrbs defined in thc Standaad Terms and Conditions lli:vj the rasp€ctivc mcaningt givcn to thcm thercin ad the following terms have the fc i 'owilg meanings: V "Borrowels Authorised Repres€ntativc' "EBRD Procurement Rules" "Fiscal Year" mearB the Ministcr of Finattc€ of thc Borrowcr, cxcapt rs specified in Scction 2.M. means th€ Procurement Policics and Rules for the pmjccts r'inanced by the European Bar* for Reconst.uctioD and D€velopmenl, as amended ftom time to timc by the Bank. rncans the Borrower's fiscal ycar commencing on I I anuary of e3ch year. ヽ︑ ,'On-L€!ding Aglcement" ) .irns the otr-lqrdidg a8rrem€nt to b€ cnl.icd i!tt9 aTot-lg ,l . Autonomous Republio ofAdjara (as borrower) and the iJrrower (as lcndcr) pusuant to S€ctiod 3 01(a)' in form I 1(! substance satisfactory io thc Bank, as such oD-l€oditrg .r ;eaneot may be amendcd &oo time to time' ヽ 1.03. ltrterPretr i t: ln this Agrcemetrt, a.I iience to a sp€cificd Articlc, Scction or Schedule shall' S€ctloo exccpt where st-aIed othenv.,r in this Agr€cment, be construcd as a rcfcrrnce to that spccified Articlc or Section L !r Schedulo to, this Agrrcmcnt' " ARTICLD , ● PRINCIPAL TERMS OF TEE LOAN Sccdor 2.01. AmouDt L .. ilurr€ncy Thc Bank aglees to le ( io lhe Borrow6, on ihe tcrms aDd c'nditions set forth or refer€d !o in lhis A8reemerr 'oe arnouut ofEUR 3,000,0fi) SectioD \ 2.02. Otber Fi, . (ial TcrEs oftl' Lo'! (a) The Minimum DIarnti I n Amouot sha.ll bc EUR l@000' (b) The Minimum PrePar, r r,t Amount 3h8ll be EUR 200'000' (c) The Minimum Cancellr .oo Amoud shall be ELIR 200,000' (d) The Ifltcrgsl Paymeni .) .lcs shall bc 15 March ard 15 SePtember ofcach year' θ ル 鷲 酬 「 ぐだん 睦橙難 畿艶雄 蝉 h2014 and the Fast ttan Repaン ment Dac 面 g iS Septcmb9r 2026 (2) Notrvithstandin: 'r: foregoing, in the eved that (i) the Bo'rowcr does not draw down the enlir.r Loan aEouri prior to thc first I-oan Rcpayment Dat' specified in this Se. i(.'r 2-02(0), aod (iD thc BaDt does not cxtctd the hst Availability Date, il r ihe amounts allocated abovc for repaymclt shall be reduced Dro rala. FL, : irore. in the cvcnt that (i) the Bonowcr does Dol draw down thi entire Lori' , 'unt prior to the first Loar Repayrnent Datc spccificd in thisSection2.O2(e),...,ti)lhcBantcxtcndsOret-astAvailabilityD'tespecifi€d in Seclion 2.02(0 tr'. ' 10 a dat. which falls after such first Lan R€payment Date, thcn the arror .. of each drawdowa made on or after fic first LaIl Rcpayment Date shrl r allocaled for repayment in cqual amounts to the seteral Loan Repaymcnt Dil . 'r hich fal! aftcr thc date ofsuch drawdor*l (with lhe Bank adjusting thc amount. ) allocated as nccesla4/ so asto achevc wholc numbers in 2 ヽ each cas€) The Bank I rll, from time to time' flotify lhe BorDw'! of such allocations. 2013' or such l'tcr datc In The Last Availability Dal' shall bc 31 Deccmber ["rf ruv ln i,tair"t ,ion estahhsh and norify to rht Borrower' (g) The rate ofthc Commitmtrl Chargc shall be 0 57o per aflrum' (h) The lran is subject to a \ ariable Ltercst Rale' that lhe Sectlotr2.03' Drawdou'us ,t" ftom rimc to time in ac4ord8ncc wilh The Availablc Amounl may be draqn down (or' if ihc Balk so agres' t'' linance (t ) expenditut€s made goods' works and scrvicts rcquited for 上ワ 'tl"#ilfi-6.;t;iir,c '.i1'.ilti#i'"rt"a'iJ "asonaule.cost'of Cornmlsslon' the Project, and (2) thc Fronl-(nd Sectlon 2.04. AuthoriseJ Repr6etrtttivc for Dr'wdowns is of $e Altonornous Republic of Adjara anv nlpreseotativ€ ror thc ptrpose-lf-taki:rg The Minister of Finance and Lconomy .".t*:l;i;H;rr;;-o:,'r"rt'o;sea ff lff*ilitJlsff [u'n*1"'*:m.x'+H'"f;ft :"ii;:l:o*"' ARTICLE lll― EXECUTION OF THE PROJECr sec● on 3 01. Other層 ■l matiVe PtteCt C● enalltS 網総膜品,胤=Lヽ鵬 lY∬ 出:よ篤 〕 ‰li鳥 鵬嚇鵠t:ぽ鵬場 鰍Wl島 肌鰤l器 蹴脚‐ 撒dぶ 》 SlandRT翼 :飛 3ank; 囃 諷 l撚 辮 繊脈 構 寧 樹 縦 撫 cmcnt; 霧iv淵 ,冨 環i温 :鷲 TI蹴艦1」篤 '6・ 諄'alnalaあ "gate,t… lllate∝ 〕 温淵獄ぞ朧:器:鶴盟 割1認冊∬」お 『 ヽ︑ 慾∬ :晰l熙 (l) the establisfunent and operation of a project maEgetnent tssk force as provided for in Scction 2.03 of the project Irnplemcr(ation and Support Agreement; (2) procurement of goods, work and services for the project as providcd for in Seltion 2.04 of the Project Implementation and Support Agrccmcnt and more in panicular for purposes of Seclion 4.03 of lhc Standard Ter;E and Conditions lhc following provisions shall, erc€pt as thc Bant.thr.nise ;;;; procurement by the Company of goods, works and sdviccs requirca "gles; for ttrc Plojcct and to be financed out ofthe procccds ofthe Lan: ヽ︑ (a) goods, works and services (othcr ttan consultants, services which arc included within Secrion 2.04(c) of thc project lrnplementation and Suppon Agrcement) shall bc procured through open tcndcrin& (b) for purposcs of Section 2.04(a) of the project knplementation and Suplort Agreemenl, rhe procedures fot open tddering arc ict out in Chapter 3 ofthe EBRD Procu.emcnt Rutes; (c) consultanis to be employed by the Company to assist in the carrying out the Project shali be selected in accordamcc with thc proccdures set out Chaptcr 5 of th€ EBI{D procurement Rules; aad ii (d) all conlracts shall be subject to the prior rcview p.occduGs set out in the Annex I to the EBRD procuement Rules; (3) enviroomental and social matters as provided for in Scction 2.05 of the Proj€ct tnplementarion and Support Agrccmerlt and S6tion 2.02 of lhc projeci tnplemefltation Agreement; (4) employment and use of consullants to assist in the irDplcmentation of thc Projcct as provided for in r-ection 2.06 ofthc pro.ject Irnplemcotation aud Support Agreement; ヽ︑ (5) carrying out a corporale developmerl and rcgioDal suppon plogramme as . provlded lor In Scction 2.06 of rhe p.oject Inplcmcntation and Suppo Agrccrnent; (6) and subn)ission ofrcports on mattcrs rclating to the projcct and lne ^prcparation oncrctions rs provided for ,n Scction 2.07 of the projecl .Uompany's Irnplementation and Suppo( Agrcement and Scction 2.05 of thc projcct lmplemcntation Agreement; ｅ Ｏ ｈ ｔ (7) .mainlcnance of procedures, lecords and accoutts, prEparatiorL auditing and submission lo lhe Bank of financial slatemenls and fumisiring to tle g"nkorhcr relevanr information .elatjng lo thc proje"r o. ttrc Compiny,s opcniioi. provided for in Secri,,n 3.0t of the projecr Imptementarion Age;.nr; ;d *, ri comp‖ ancc with aH cじ vcnants regarding ttnancial and Operational asPccts Of Projcct and thc cOnlpany as prllvidcd for h section 3 01 of the ProJect ゛︑ lmplemcnlalion and Support Agreernent and Scctions 3.02 and 3.03 ofthe Projccl Implementation Agreement; (e) cause any person (olher than a natural persoB) or entity conkolled by the Borrower to pay solid wastc charges to the Compan$ and (0 take, or cause to be laken, all aclions necessary to crDblc thc Company to obtain all pemjts and licenccs requircd for the corsrructir to be carri.d out undcr ihc Project. ⁝ ARTICLE IV. SUSPENSION ・・ ︐ Secliotr4,0l. Suspensiorr ヽ︑ ・ ・ｏ The following are specilied for purposcs of Scctiou 7.01(a)(xvii) of the Standard Tcrms and Conditionsi Ia) Thc Statutes of the Compa{y shall h&ve b€cn ameDded, suspeodcd, abrogated V rcpealed or waived without the Bank's prior writtefl cotrs€ot; {b) The Ministry oi Economic Dcvelopment shall hsvo rrfi$€d to issue the construction permit for lhe Project; and rc) Control of the Company shall have beeD transfellEd to a party othcr than the Autonomous Rcpublic of Adjara. AR]'ICLE V - EFFXCTTVENESS S.ctioo 5.01, Condilions Prec.dert to Ellectivcn6s The following are specified for purposcs ofSection 9.02(c) ofthc Standatd Tcrros rnd Conditions as add;tional conditions to thc cffectiveness oflhis Ag:cemant and each Proj.ct Agrcemcnt: V rlr the On-lending Agreemeot, ia form and 6ubstaflce salilfactory to ttc Bank, has b.en executed ard deiivered and all conditions precedcnt to its cffeclivcr[css or lo the :r!hl ofthc Autonomous Republic of Adjara to mak€ drawings thcrcutdr, cxcept only rh3 effectiveness ofthis Agrecrnent, havc bean fulfilled; ,o, lhc Projecl Lnplemenrarion Agre€ment aDd the l,rojcct Inplch€ntation and Support Ageement, each in form and substance satisfactory to thc Batrk, havc bc€n .\.cuted and dcliver.d rnd ?ll conditionr paeccdcnl to thcir cffeolivcicss, cxc€pt only te effediveness oflhis Agreement, havc been firlfillcd: the SIDA Granr ,^greenrent has becn ciccutcd and dclivcrrd and all couditioas tr.cedent 10 its effe,rivcncss, except only the cffectiveness of lhis Aglecmcnt, have ,..n l'ulfilled; ミ︑ (d) the Ministry ofFinance and Economy ofthc Autonomous Republic ofAdjara has formally notified lhe Bank of its adhereoce to the p.iaciple of progrersive implementation of full cost rccovery lariffs for solid wastc scrviccs takinS into consideration the aflordabiiity constraints; (e) a certilied copy ofthe Statules oflhe Cornparly hrs becn providcd b fhc Bank (0 Ihe Autonomous Republic of Adjara has conhacted consultants in accordanc€ with Section 2.06(a) ofthc Project lrnplementaiioD and Support Agreemc ; and (g) a project nunagemenl lask force has bccn cstablished by the Compaly aod is operating in accordance \vrrh Section 2.03 of lhe Prcjcct IrrpleElentatiotr and Suppon Agcement. Ｌ Section 5.02. Legal O, :nioDs ︐ (a) For purposes of Section 9.03(a) of lhe Slandard Tcms atld Conditions, the opinion ofcounsel shall b- .]ivca on bchalfofthe Bonowcr by thc Minislry ofJuslice. rb) For purposes of Scclion 9.03(c) of the St ndard Terms and Conditions, the opinion or opinions ofcounsel shall bc given ort behalfoflhc Autonomous Rcpublic of Adjara by counsel acccptahle to the Bart ard lhe following arc specified as additional matters to bc included in nic opinion or opinions to bc fumished to thc Bank: the Onlmding Agrecment has becn duly au$orised or ratificd by, ard cxecuted and dclivered on behalf of the Autononr.)us Republic of Adjara and constitutcs a valid and l€gelly binding obligation of tie , \utonomous Republic of AdjaE, enforceable i! accordaocc Nith ils terms. V S.ctioE 5.03. Terminr on for F llure to BecoE€ Elloctive The date 180 days :ricr lie date of this Agreement is spccified for purposes of s.cdon 9.04 ofrhe Stard:,, i Terms and ConditioDs. It is acknowlcdged that pursuant to Sccrion 9.01 of lhe Stand:u,.i Tertrs and Conditiors, this Agreem€nt shall or y become erTective on the date upo, $,hich the Bank dispatches to the Borrower noticc of lhe Bank's acceplance of the cvidedc. rcquired by Scctions 9.02 ad 9.03 of thc St4ndard Terms and Condirions. .、 lICLE VI― MISCELLANEOuS S.qioa 6.01. Notices The lollowing addr. rses are specified for pupos€s of Scction 10.01 of the sGndard Tems and CoDdi iJns: _l- ヽ For thc BorrFlwcri Ccorgla Miniぬ γ OrFinancc 16,Gorgasali Strect 01:4 TЪ lisi ヽ CeOtta Attention: Dcpartment oFEx,cn口 Fax: 十 Rela● o、 '9532261461 Forthe Bank: Ellopcan 3ank For Reconso田 ction md Development Onc Exchangc Square ■ondon EC2A 2Л N LInlted KlngdOm V Atc お■ F● : opcratbn Adr品 ●ratton Unlt +44‐ 20‐ 7338る 100 ヽ︑ ▼ ヽ IN WITNESS WHEREO4 the parties hereto, acting thmugh their duly authorised rcpresentativcs, have caulcd this AgrecmcDt to be siSned itl English in fivc c.pies ald delivercd at Tbilisi, Ge-orgia as of the day and yeat first above wrifterl GEORCIA ヽ︑ By: ￨ EUROPEAN BANK FOR RECONSTRUC■ ヽAND DEVELOPMENT V 町 Title: Pincipali :̀ker ヽ︑ ▼ ヽ︑ 8 SCIIEDULE I - DESCRJP/TION OF THE PROIECT l. solid vasle managcEcnt services in the -a firough (A) th' irnpleocntation of the invls-tmeot The purpose of the Proj ut is to improve ,quroro*-o'u]''n"prUti. of :"' n+"ffi f"t*i{ia*:Jl',:.fi i1il,l', j"#TH""T,ffi ['#i;Tiif "#J ",ifr *;'#E lt#ti:;r#il:'i:"-m:urxlll"t";rilffi suppod progranre EP*sll]'.i1"Lc]-* ffi:...#'il;;;; La -( of ihe Autono-o* Repubtic of Adjara as a bcncliciary XHceire.ni;il;;;;".i' "gionat companv's scrvicc dclivery thrcusb thc il"^i:;;;y:;:;";; implementation ofllc C 'l ' 'onitor the : parts' subject to.6uch modiEcations thcrcof The Project consisls 1 I ': following upon ftoIL timc to ar fie Bank and the Boftower nay aStee f 2. Pan l: -' tiEe: 'roved managcdcnt of of Adjara) Phast Aulu..u,.. - \ disposal of solid wastc in ihe 'blic gas ,on of a new sanihry landfill at C'hakvi' includilg - a-,rwork; and extrac ' systcm ' -Closur': of two cxisting landfills' Part 2: lroiecl Inplementation SuPport, EnSinelring Services ,rvision Technical Co-opcratiotr kogranmc PrLrviji .. alrL: Prov i Tcclllli、 S ThC ProlcctiS ̲ ̲ ,C COrpOratc DcVelopmcllt and Rc810nal SuppOr .tration Progr― c α pCC'I:)bC COmpleted by 31 December 2013 ヽ V Sl‐ 1 ヽ SCHI': .,, ' CATEGORIES AND DRAWDOWNS s€ts forth the Catcgorics' the smoult of.the l. The table atlacire., l- :l Sch€dule percentagc of cxpcndituEs to be fuarced in io- "fio""t"J t" "u.tt C y and thc each Catcgory. no Drawdowtr sha[ b€ 'ions of paragraph I abo-vc' ,.r. s incuned prior to thc date ofthe Loan Agrcement' 2. Notwitl$la.niir. , iua" io .""p""t of "r"": ヽ︑ V , , ) 1 V l ヽ︑ s2-l ′ Attschmeot to Schcdulc 2 (t) Worls and Soods for !trn l 2,970,000 Pcrc.rlrg. of Erpeodlturet to be Finrr..d ヽ︑ tb. Loro Allo"tcd i6 rh. lrm Curr.n'Y i r nt of lOO Ftrlnt of cr9codinlll3 cxcMiry.[ l.xcs 30,000 EUR 3,00'00 ゛一 ヽ ヽ

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