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The proceeds of the Loan shall be disbursed by the Bank to the Borrower, or to the suppliers on behalf of the Borrower in accordance with the progress of the Project, up
The proceeds of the Loan shall be disbursed by the Bank to or on behalf of the Borrower in accordance with the progress of the Project, up to the amount of the Loan, and
Agriculture and Conservation Project Loan Agreement designated as A.I.D.. desire to amend the Loan Agreement to reduce
Agreement and Amendments thereto r emain in full force and effect.. IN WITNESS WHEREOF, the Borrower and the United States
loan agreement, designated as A.I.D. Loan Agreement No.. Conditions Precedent to Commencement. of any Subproject. Prior to the commencement of
this agreement and/or any other loan agreement between lndonesia and the Bank, Indonesia shall no longer be entitled to draw on the loan and the outstanding
Maintenance Systems Project Loan Agreement, designated as A.I.D... Except as amended herein, the Loan Agreement remains in
Like all debt instruments, a loan entails the redistribution of financial assets over time, between the lender and the
