Conformed Copy - TF025177 - Fes Environment Rehabilitation Project - Japanese Grant Agreement

Page 1 CONFORMED COPY TF025177 Japanese Grant Agreement (Fes Environment Rehabilitation Project) between INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT on its own behalf and as Administrator of Grant Funds provided by JAPAN and AGENCE POUR LA DEDENSIFICATION ET LA REHABILITATION DE LA MEDINA DE FES Dated December 5, 1994 TF025177 JAPANESE GRANT AGREEMENT AGREEMENT, dated December 5, 1994, between INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT acting on its own behalf (the Bank) and as Administrator (the Administrator) of grant funds provided by JAPAN (Japan) and AGENCE POUR LA DEDENSIFICATION ET LA REHABILITATION DE LA MEDINA DE FES (the Recipient). WHEREAS (A) pursuant to a letter agreement dated July 30, 1990 between Japan and the Bank and International Development Association (the Association), Japan has requested the Bank and the Association, and the Bank and the Association have agreed, to administer grant funds to be made available by Japan for the financing of certain programs and projects supported by the Bank and the Association, as the case may be, in accordance with the provisions of such letter agreement; WHEREAS (B) Japan has agreed to make available to the Recipient a grant out of said grant funds (the Grant) to finance the cost of carrying out the technical assistance described in Schedule 1 to this Agreement (the Technical Assistance) on the terms and conditions hereinafter set forth; WHEREAS (C) pursuant to a letter of agreement of even date herewith between the Kingdom of Morocco (the Kingdom) and the Bank, the Kindgom has agreed to undertake certain obligations in respect of the Grant as set forth in such letter of agreement; WHEREAS (D) the Kingdom has requested the Bank to carry out the Technical Assistance; Page 2 WHEREAS (E) the Bank has agreed to carry out the Technical Assistance on the terms and conditions hereinafter set forth; NOW THEREFORE the parties hereto hereby agree as follows: ARTICLE I Definitions; Term of Technical Assistance Section 1.01. The Technical Assistance shall be undertaken by consultants (the Consultants) who shall, as far as practicable, include Consultants with expertise in the following areas: (a) environment; (b) infrastructure; (c) heritage conservation; and (d) environmental and social assessment. Section 1.02. As used in this Agreement, the terms "yen" and "