Conformed Copy - L4561 - Chongqing Urban Environment Project - Project Agreement

Page 1 CONFORMED COPY LOAN NUMBER 4561 CHA Project Agreement (Chongqing Urban Environment Project) between INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT and CHONGQING MUNICIPALITY Dated November 3, 2000 LOAN NUMBER 4561 CHA PROJECT AGREEMENT AGREEMENT, dated November 3, 2000 between INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT (the Bank) and CHONGQING MUNICIPALITY (Chongqing). WHEREAS (A) by the Loan Agreement of even date herewith between the Borrower and the Bank, the Bank has agreed to make available to the Borrower an amount equal to two hundred million Dollars ($200,000,000) on the terms and conditions set forth in the Loan Agreement, but only on condition that Chongqing agrees to undertake such obligations toward the Bank as are set forth in this Agreement; and WHEREAS Chongqing, in consideration of the Bank