Conformed Copy - L4326 - Tashkent Solid Waste Management Project - Project Agreement

Page 1 CONFORMED COPY LOAN NUMBER 4326 UZ Project Agreement (Tashkent Solid Waste Management Project) between INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT and HOKIMIYAT OF TASHKENT and PROIZVODSTVENNOE UPRAVLENIE SPETSTRANS Dated November 16, 1998 LOAN NUMBER 4326 UZ PROJECT AGREEMENT AGREEMENT, dated November 16, 1998, between the INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT (the Bank) and the HOKIMIYAT OF TASHKENT and PROIZVODSTVENNOE UPRAVLENIE SPETSTRANS (Spetstrans). WHEREAS (A) by the Loan Agreement of even date herewith between Republic of Uzbekistan (the Borrower) and the Bank, the Bank has agreed to lend to the Borrower an amount of Dollars, on the terms and conditions set forth in the Loan Agreement, but only on condition that the Hokimiyat of Tashkent and Spetstrans agree to undertake such obligations toward the Bank as are set forth in this Agreement; (B) by a subsidiary loan agreement to be entered into between the Borrower and the Hokimiyat of Tashkent, the proceeds of the Loan provided for under the Loan Agreement will be made available to the Hokimiyat of Tashkent on terms and conditions set forth in said Subsidiary Loan Agreement; and WHEREAS the Hokimiyat of Tashkent and Spetstrans in consideration of the Bank