Conformed Copy - L7085 - Financial Sector Supervisory Authority Project - Loan Agreement

Page 1 CONFORMED COPY LOAN NUMBER 7085 MAS Loan Agreement (Financial Sector Supervisory Authority Project) between REPUBLIC OF MAURITIUS and INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT Dated January 10, 2002 Page 2 LOAN NUMBER 7085 MAS LOAN AGREEMENT AGREEMENT, dated January 10, 2002, between REPUBLIC OF MAURITIUS (the Borrower) and INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT (the Bank). WHEREAS the Borrower, having satisfied itself as to the feasibility and priority of the project described in Schedule 2 to this Agreement (the Project), has requested the Bank to assist in the financing of the Project; and WHEREAS the Bank has agreed, on the basis, inter alia, of the foregoing, to extend the Loan to the Borrower upon the terms and conditions set forth in this Agreement; NOW THEREFORE the parties hereto hereby agree as follows: ARTICLE I General Conditions; Definitions Section 1.01. The