Conformed Copy - C3018 - Uttar Pradesh Forestry Project - Project Agreement

Page 1 CONFORMED COPY CREDIT NUMBER 3018 IN Project Agreement (Uttar Pradesh Forestry Project) between INTERNATIONAL DEVELOPMENT ASSOCIATION and STATE OF UTTAR PRADESH Dated December 30, 1997 CREDIT NUMBER 3018 IN PROJECT AGREEMENT AGREEMENT, dated December 30, 1997, between INTERNATIONAL DEVELOPMENT ASSOCIATION (the Association) and STATE OF UTTAR PRADESH (Uttar Pradesh), acting by its Governor. WHEREAS by the Development Credit Agreement of even date herewith between India (the Borrower) and the Association, the Association has agreed to make available to the Borrower an amount in various currencies equivalent to thirty-nine million Special Drawing Rights (SDR 39,000,000), on the terms and conditions set forth in the Development Credit Agreement, but only on condition that Uttar Pradesh agree to undertake such obligations toward the Association as are set forth in the Development Credit Agreement and in this Agreement; and WHEREAS Uttar Pradesh, in consideration of the Association