Conformed Copy - C2540 - Agricultural Sector Adjustment Credit - Second Agreement Amending Development Credit Agreement

Page 1 CONFORMED COPY CREDIT NUMBER 2540-2-HO Second Agreement Amending Development Credit Agreement (Agricultural Sector Adjustment Credit) between INTERNATIONAL DEVELOPMENT ASSOCIATION and REPUBLIC OF HONDURAS Dated March 3, 1995 CREDIT NUMBER 2540-2 HO SECOND AGREEMENT AMENDING DEVELOPMENT CREDIT AGREEMENT AGREEMENT, dated March 3, 1995, between REPUBLIC OF HONDURAS (the Borrower) and INTERNATIONAL DEVELOPMENT ASSOCIATION (the Association). WHEREAS (A) the Borrower and the Association have entered into a Development Credit Agreement (Agricultural Sector Adjustment Credit) dated September 27, 1993, (the Development Credit Agreement) for the purpose of assisting the Borrower in the financing of the program referred to in Recital (A) of the Preamble to the Development Credit Agreement (the Program); (B) the Borrower and the Association have entered into the Agreement Amending Development Credit Agreement (Agricultural Sector Adjustment Credit) dated June 10, 1994, whereby additional assistance was made available to the Borrower for the financing of the Program; (C) the Borrower has requested the Bank to provide further additional assistance toward the financing of the Program by increasing the amount made available under the Development Credit Agreement by an amount in various currencies equivalent to eighteen million six hundred thousand Special Drawing Rights (SDR 18,600,000); and WHEREAS the Association has agreed, on the basis, inter alia, of the foregoing, to provide such additional assistance to the Borrower upon the terms and conditions set forth in this Agreement; Page 2 NOW THEREFORE the parties hereto hereby agree as follows: ARTICLE I Amendments of the Development Credit Agreement Section 1.01. Section 1.02. of the Development Credit Agreement is amended by: (a) substituting the amount of "SDR 10,800,000" by the amount of "SDR 29,400,000" in paragraph (o) thereof; (b) deleting the word