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india-loan-agreement

ID: 74e97e26-aea1-44c3-919d-85a13900dbb0

Start Date: 12/22/2020

Pay Commitment Charge

PaymentRecurring

Threshold: 0.25% per annum on the Unwithdrawn Loan Balance

Pay Interest

PaymentRecurring

Threshold: Payable semi-annually on March 15 and September 15

Reference Rate plus the Variable Spread

Repay Principal

PaymentRecurring

Threshold: Semi-annually on March 15 and September 15, beginning September 15, 2025, as per Schedule 4

Maintain Project Steering Committee and EAP Cell

RestrictiveContinuous

Threshold: Throughout the period of implementation of the Project

Implement Project in Accordance with PFM Manual

RestrictiveContinuous

Threshold: Adherence to all provisions of the PFM Manual

Prohibit Amending PFM Manual without Concurrence

RestrictiveContinuous

Threshold: No amendment, suspension, waiver, or voiding without prior written Bank concurrence

Carry out Project in Accordance with Safeguard Documents

RestrictiveContinuous

Threshold: Compliance with EMF, RPF, TDF, EIAS, EMPS, etc.

Prohibit Interference with Safeguard Documents

RestrictiveContinuous

Threshold: No action to prevent or interfere with implementation without prior written Bank concurrence

Submit Project Reports

InformationRecurring

Threshold: Within 45 days after the end of each calendar semester

Submit Quarterly Safeguard Compliance Reports

InformationRecurring

Threshold: Quarterly throughout the period of Project implementation

Finance Land Acquisition and Resettlement from Own Resources

RestrictiveContinuous

Threshold: Expenditures for land acquisition and resettlement must be financed exclusively by the Borrower

Maintain Grievance Mechanism

RestrictiveContinuous

Threshold: Maintain and publicize throughout Project Implementation