CREDIT NUMBER 257 TU SUPPLEMENTAL LETTER TO DEVELOPMENT C,EDIT AGREEMENT AND PROJECT AGREEMENT (FRUIT AND VEGETABLE EXPORT PROJECT) DATED JUNE 22, 1971 PARTIES TO THE AGREEMENT(S): INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT INTERNATIONAL DEVELOPMNT ASSOCIATION REPUBLIC OF TURKEY AGRICULTURAL BANK OF THE TURKISH REPUBLIC (TfRKIYE CUMHURIYETI ZIRAAT BANKASI) No. 7 INTERNATIONAL DEVELOPMENT ASSOCIATION May 5, 1976 Mr. Muammer Akinci Chief Counselor for Financial and Economic Affairs Embassy of the Republic of Turkey 2523 Massachusetts Avenue, N.W. Washington, D.C. 20008 United States of America Re: Loan No. 1248-TU (Agricultural Credit and Agro-industries Project) Amendments to the 1971 Development Credit Agree- ment and 1971 Project Agreement Dear Sir: With reference to the amendments to both the Development Credit Agreement dated June 22, 1971 between the Republic of Turkey (herein- after called Turkey) and the International Development Association (herein- after called the Association) and the Project Agreement dated June 22, 1971 among the Association, the International Bank for Reconstruction and Development (hereinafter called the Bank) and TUrkiye Cumhuriyeti Ziraat Bankasi (hereinafter called the Borrower), incorporated respectively in Section 4.01 of the Guarantee Agreement of even date herewith between Turkey and the Bank, and in Section 7.02 of the Loan Agreement also of even date herewith between the Bank and the Borrower, we wish to confirm to you that the Association consents to all such amendments as if the Association were a party to such Guarantee and Loan Agreements, and that the Association under- stands that such amendments shall come into full force and effect as and when such Guarantee and Loan Agreements shall become effective pursuant to the terms thereof, without prejudice to any action which may have been taken pursuant to the original provisions- of the amended agreements prior to the effectiveness of the respective amendments thereto and which may have created rights and obligations of a surviving nature. Very truly yours, INTERNATIONAL DEVELOPMENT ASSOCIATION By.//~ A~/ UtIf /
Группа Всемирного банка · Agreement
Tunisia - Fruit And Vegetable Export Project : Credit 0257 - Supplemental Letter to Development Credit Agreement and Project Agreement - Conformed
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