Selanjutnya

LOAH

AGREE LEN T

BE1'-JEEN '!HE

REPUBLIC OF IlllX>N1!.SIA

AND '!HE

UNITED STATES OF ALERICA

,,-

r-Section Nu:.i"!J2r

-- - - -·

J.\RTICLE I

SECTION 1.01

ARTICLE II

SECTIOIJ .! 01

SECTIOiJ 2 . 02

SECTION 2.03

SECTION

£:.04

SECTIOH 2.05

:>RTICLE III

ｓｾｃＧｉｉｏｎ＠ 3 . 01

SEC TI ON 3. 02

.ARTICLE IV

SECTION

4 .01

SECTION 4.02

SEC'l'IOH 1 •• 03

S:i'.:C'i'ION

4

Ql ,

SEC'l'IOH

4.

05

SECTION

4.06

S:CCTIOH ｬｾ＠ . O'{

ｓｅｃｔｉｏＺｾ＠

4 .

08

ARTICLl. V

SECT Im;

5. 01

SIXT ION ).02

S1XTIOH 5 ,03

SECTION

5.04

SEC'rION

5

05

;.,HTICLE VI

SECTION

6.01

SEC'l'ION

6.02

sr;c'rioN

6 . 03

SEC'l'ION

G.o4

SiC'l.'ION

6.05

;':.i\'I'ICLE '/II

SECTION

7.01

SECTION

7.02

SECTION

7

.03

SECTION

7 .04

SECTION

7.05

Ti,BLE OF ｃｏｬ ｾｔｅｩＧｬｔｓ＠

'.l'he Loan- ··· ... · ·· ·-·· . ·--···- ... ··-·-·· · ... . 1

'i'h-=: Lean· - --- · · .. ·-· ·· -·--·- - .... ... · ---- -· 1

Tcr::::1S of ］ｾﾷＲｊ＿ｾｊＮＮ Ｑ ･ｮｴ＠ and. Interest ·- -· - ···-- · · · -··· - · ··· · -- l

ｐ｡ｹｲＮｾ･ｮｴ＠ ｏｾｬｩＺｾＳＮｴｩｯｮｳ＠ -·-·· ·· . ._ . ·· · -··· ··· · ... .... ··· ··· · ···

--Currency of Re:pa;r; :ent ... ·· ... · · ··· · · · · ·· ... ·•··· · ·

-Intt:rest· ... .. ·· ·-·" · ... - ... - · ... ··--· - .. ·· ... · · ... • ... ... -

---Principal-· .... - ... · -· ···-··· ... __ ···· --··· ·- -- --· ... : ._ ... - · · - ·-

--Renegotiation of '1·2rns · .... .. ｾＭ - · - .... ... ... - · .... - ···-·---- ..

·--·-ｃｯｮｵｩｴｩｾｮｳ＠ PreceLent - ·

1 2

2

3

3

Cone,i ti on Precedent to Initial Financinc · -· · .... ＭＭ ｾ ﾷＭＭ ... ·· · 3

'l'crninn.l ｄｾｾｴＮＮＺＮＺＺ＠ for ｆｵｬｦｩｬｬｾＮｩ･ｮｴ＠ of C0ndi t ions Pree 0dent · · - h

Procurern.:nt Utilization e.nG. Elicibili ty of Coiltlocli ties- ···

4

;L r .D. ReGUl:ition I ---- __ .... ___ ... -·-··-·-- -··· -- .. - ·. _ .. _ ..

Source of Procurer::ent-... ·· · .. - · · - ·-· -.- · - ··· ·· · -·

Do.te of Procurer:ent --.... ... _. _ ... --·--.. .. - - - ... - - ... ---Elic;i ble Iteus -· · ···· --·. ... . . .. .. -·-- -·· ... - .. - . - - ... .... . - ... - ··-Pr ::::cur-=:; .. i:..nt for Public Sector---- ····---··· -· ·· •... ···· -·-- · .... .

Utilizc-..ti on uf Cor.l!:.10dities ... ··-·-· -····-·- · .... ··· .. · - -· . - ... .

ＺＭｾｩｮＺ｢ｵｲＡ＠ Size of Tro.ns8.ct ions ... -··---· --·--· ... - -·· ... ·· - · - · ··

Proc0.::.ures

4

4

4

5

5

5

G

6

L.,:ttc.:rs of Corir.itr.'.ent anJ ｄｩｳｾｭｲｳｴＮＺｲＺ･ｮｴＭﾷＭﾷ ﾷＭ ﾷ＠ . .. _ .. -·· 7

Requests for L<:.:tters ｾｦ＠ Cor.ir:ii t:.H.;nt _ ... · - ---.... . ·· .. _ ... - .

7

Other ｆｯｲ［Ｌｾｳ＠ of lJisburser::u.:.:nt .... ... ·· · .... .. · .... . . -·.. ... 7

1'err:"incl Dn.tc fvr Re o_uests fer ｌｾｴｴ･ｲｳ＠ of C:)!'1.T".li tnent. -- · 7

J:cr:::inal ＺＰＸＮｴｾ＠ for Rt:q_uests for Dis1_{jurse111ent· - .... · .... · · ·· ··-}

7

Docur:<:.nto.ticn Requirewent -· -· - ... . .... ···- - ... ·--· - -·

8

A:lcli tic.nc.l Coveno.nts o.nJ. ｗ｡ｲｲｾＢｬｴｩ･ｳＭﾷ＠

Reports ·· .... ··· ...

-Nctic0 of /,_Jvc.rse Devclopr2ents· .. .,. ··- ... . -.. - - ·-- · .... · · .. .

'l':::.x:::.tion on Leon Ｌｾｲｾ ｲ･･ｯ･ｮｴ＠ and ｐＺＺＺＮｹｾＺＭＺ･ｮｴｳ＠ Thereunder-··· - · ..

Co::z.,issicn Pees, and Othi.!r Po.yr.!ents- · -·· · ·- · ·· -- ...

Fino.ncin ::; Physico.l Fc.cilities - - - · --· ·· · ... · · · ··- - · ·

8

8

8

8

9

c _/

Rc:-.lcd.ics ;:;f A. I .D. ---·--" ·-- -- -- - ··· . __ .... ... .. 10

.c.ve:nt s of Def cult; ｩｾ｣｣･ｬ･ｲｮｴｩｯｮＭ ·-.. ·-··· ··· .. . ... · ·• · - 10

Terr.dnation of Disbursenents ｾｔ｡ｮｳｦｾｲ＠ ｾｦ＠ Gootlc to ｾ ＮｉＮｄＮ＠

10

R•.::fu."ldS .. . .. _ ---· ·-·-···----· -·-· - · ... - . ...• - .. . _ ... - . .... . . - · - •. - 11 W:ii vers .... ··· - .. · · --- - ·- -· · · · ... -· · · - · ·· · ... .... · · ·· - ... .. .. 12

r

Section ｾ ｾｵｲｲＮ ｢ ｩＺ］ｲ＠

ACTION VIII

SECTION

8 .

01

SECn 01;

8 ,

02

iviisc0llo.neous--... - . ... -··--··-- -· ····- ·----· -·· ·· ···-· ·· ·- ·-· ·· ·--···. - ···-· .. 12

Use c f ｉ＼ ｴ ｾｰｲ･ｳ･ｮｴｯＮ Ｚ ｣ｩｶ ｴＺ ｳﾷＭ .. - ---.. --.. ·-···-···· ·- ... . _ .. .. .. . -- 12

LOAf, AGR.E.;_

l':ll':.1.'

AGRL:E:·:::::LT

1:•.tc;; .:;_ t 1.e 20th day of Octol.;er ,. 1967 uetween !'HE

R!.FUBLI C OF INDONESIA ( : ..

k ..

rr.,ver )

Ｚ ｾｮｊＮ＠

t:1,_ Uni t t::

:.

Ot::tes of

i.:. . ＮＺ ｲｩ｣ ｾ＠

acting through the AGENCY FOR IN'rERNATIONAL DEVELOP.tv<.ENT (

A.

I. D. " ) .

ARTI CLE I

The Loan

SECTION 1.01.

ｾｨ･＠

Loan. In accordance with the Economic

Cooperation Agreement between the Republic of Indonesia and the United

States of America signed at Djakarta October 16, 1950 as supplemented

by the Exchange of Notes on Economic and Technical Cooperation signed

at Washington and Djakarta January 5 and 12 , 1953, and subject to

the terms and conditions of this Agreement , A.I.D. hereby agrees to

lend Borrower pursuant to the Foreign Assistance Act of 1961 , as

amended an amount not to exceed Seven Million Five Hundred Thousand

Dollars ($7 . 500 .000) for the foreign exchange costs of commodities

and commodity related services needed to promote the rehabilitation

and stabilization of the Indonesian economy. Commodities and services

authorized to be financed hereunder are hereinafter referred to as

Eligible Items . The aggregate amount disbursed hereunder is

hereinafter referred to as

=1

Principa1·· .

ARTICLE II

Tenns of

ｒ･ｰｾｹｭ･ｮｴ＠

and Interest

SECTION 2 . 01. . Payment . Oblign°f{ :t.ona. .. ·-

ｔｨｾ＠ Ｎ ｓＶｾｸｯｷ･ｲ＠

-.agrees ·,

to repay the Loan, and to

pay

interest on the Loan, in accordance with

ｓｅｃｔｉｏｬｾ＠ ｾＮ＠

02.

_g_'E:·rency of ｒ･ｰｾｊＺｐ･ｮｴＮ＠ All obligations of

the Borrower to 1-:ake !Ja:;r.:ents under this Agreeruent shall be discharged

by the payment of suc!i coin or currency e..s ｾｴ＠ the time of payment is

legal tender in t!::.e United States of America for :?ayment of public

and private debts (herein called · united States dollars ).

SECTION 2.03. Interest , Borrower shall :pay to A. I. D •

interest wnich shall accrue at the rate of one percent (1%) per

annum during ten ye2.!'s imr.1ediately following the date of the fi rst

disburser.1ent here:under and at the rate of two and one- htlf percent

(2 -1/2%)

per annura ｴｨ･ｲ･｡ｾ･ｲ＠ on the outstanc.ins balar.ce of Principal

and on any due and uppe.id inter E:st . Interest on the outsta.ndine:

balance shall accrue frou: tne da.te of o:ach r es;,E:: ctive disbursement

and shall be com-outed on the basis of a

36) .

day ｾ ｲ･｡ ｲＮ＠ Disbursements

hereunder shall be deemed to occw:· on the da.te on which payr:.cnt by

A.I.D. is made either d.irt.:ctly to ｂ ｯｲｲｯｾｴＡｲ＠ or its designee or to a

banking institution pursuant to a letter of cow.mitment. Inte::rest

sha ll be paya:::;le stmi annue.l.ly. The first payment of i:cterest shr.J.l

1.: dut and pc:.ya.ble no later than six (6) months after the first

dis·;.;ursement here under on a date to be specified by A.I . D.

SEC'l'ION 2. 04. ｉＺｲｩｮｾｾｾＮ＠ Borrm-1e r shall r epay thE: Principal

to A. I . D. in Uni tea Sti:.tes dollars within f orty (40) years fr01" the

date of the first disbursement her:2ur.G.er in sixty one ( 61 )

o.pproxi-mo.tely e qual semi · £.n11u.c.l installr::ents. ｔ ＺＱ ｾ＠ first ｩｮｳｴ ｡ ｬ｢Ｎ ｾＺｮｴ＠ of

Principal s hall b <:: <.luc end. ｰＺ［ＮｹｵＮ｢ ｬｾ＠ nine :u1d one· -half (

9

··1/2) years

a fter t he first intere:st p(!yrnent is d.ue in ｾＮ｣ ｣ｯｲ､ ｡ｮ｣･＠ with Sect ion 2 . 03.

Upon completion of disbursement

A.I.D. w:i.11

furnish an appropriate

. 3 .

agree that, ut the request of either party but not sooner than six

(6)

months prior to t11e date: when the first repayment of Principal is ､ｵ･ ｾ＠

they will negotia.te concE::rning a.ppropriatt. acceleration of the repayment of the Prine ipal. It is agreed that Borrower and A. I. D. will mutually determine to what extent repa;ynent should be c.cc<::lerated on the be.sis of one or more of the following criteria.

(a) Significant improvement in the internal economic and financial situation of the Republic of Indones ia ;

(b) Favorable trends in the be.lance of IJS.yments and for7ign exchange ｨｯｬＮｃＺＮｩｮｾｳ＠ of the ｒ･ｾｵｾｬｩ｣＠ of ｉｮｵｯｮｾｳｩ｡［＠

(c) Ability of the Republic of ｉ ｲｾ､ ｯｮ･ｳ ｩ｡Ｎ＠ to make

future repayments of A. L D. loans w:i thout int erfering 1:-i th the service of debts owing to any United States Goverw.ent agency or r:my

internc.tiona.l organii.:;i.tion of which the United States is a member,

J..RTICLE III

Conditions Precedent

SECTION

3.01.

Conditions ｐｲｾ｣･､･ｮｴ＠ to ｉｮｩｴｩ ･ ﾱ ＮｊＧｩｮｾｮ ｣ｩｅｾﾷ＠

Prior to and as a condition :precedent to the issuance of the first letter of commitment or other authorization of disbursement under the Loan , the Borrower shall furnish in form and substance so.tisfactory to

r A.I.D •.

( b) Evidence of the e.uthori ty of the person or persons

who wi ll a.ct a.s the representc.ti ves of the Borrower in connt:ction with

the ｯｰ･ＺｲｾＮｩｴｩｯｮ＠ of t!lis Ag re ement, together with the authentice.ted

specir.i.en of signn.tuxE:; in ､ｵＺ［＿ｬｩ｣ｾｴ･Ｌ＠ of each such person.

SECTION 3.02 'Ierl'linal Dn.te for Fulfillment of Conditions

.

- ·

--- - --·---

- ---

-

_ ,,.

-

·-

...

---ｐｲｾ｣･｣ｫｮｴＮ＠ If tne co11ditions required by Section 3.01 ｨｾｷ･＠ not been

conplt:tei.l within ninety days after the date of this Agreement or by

sucn other d8.te as shall be r.grt:ed to in writing by A. I. D . A.. I. D.

me.y n:t any tL:i.e thereafter at its cption t erninate this Agreement by

I

giving notice t o the Bo:i:·rower. Upon the givi ng of suc!'i notice c.11

ｯ｢ｬｩ･［ｾＢｴ［ｩｯｮｳ＠ of the ｰ｡ｲｴｩｾｳ＠ hereunder shc.11 forthwith terminate.

ARTICLE IV

otherwise specify in writing, this Loan and the procureinent o..nd

utilizo.tion of Eligil>l8 ItcLls finruiced under it" is subject to the

terrr.s and conditions of A.I .D. Hct;ulation I e.s fron tix::e to ti:.'!e

a!.1ended and in ･ｦｦｾ｣ｴＬ＠ which i,s incorporat ed and ne.de 8. pc.rt a creof.

If any provision of A.I.D. Regulation I is inconsistent with

a

provision

of this Agreer:ient , the provision of this Agre ･ｾＮｾＲｮ＠ t shall gov1.::rn.

no.y otherrise agree in writing, cll Eligible Ite;::.s shall h:lv e their

ｳｯｵｲ｣ｾ＠ and origin in the United States.

SEC'.i'IOH

4.

0

3.

D:;i.t.;; of Procurer :ent. ｾｊｯ＠ c or:JDodi t i es or

com.1odity relat"'d servici::s L::i.y be fin:-..nc.;;d undc-r let tC;.l'S of credit

open-.!d prior to the Eligibility Do.tE: _ which shall be the u.o.te of this

ａｾｲ･ｾｵ･ｮｴ＠ nor, in the ｣｡ｳｾ＠ of ｰｵｊＷｾｾｮ ｴｳ＠ not ｮ｡､ｾ＠ thr0ugh L:.tters of

Credit \There the bill of luding is dated prior to th0 :Eligib ility

5

ｩｲ Ｎｾｰｯ ｲｨＺ､＠ c..nd po.id for with · iExport Bonus ｾｏｲｩＮＮＺｩｺｮ＠ exch::inge under

regulations of thL Borr m:"'r in .::ff .... ct on the do.te of tl1is Agre:enent

(the B.E. List ) ｳｾｩｾ ｬｬ＠ 'be d ig i'tle for finc.ncing und.er the Lof'l'l

s ubj e ct to nn.y 0xc<::pti ons or c,:mditions stc.ted in this A1:rreeee::nt or in

o.ny Il.'.plerr1e ntaticn Letter or Cor.'lnodity Procure1:!ent Instructi on which

may be issut:d hereunder_ Unless ｣ ｴｨ ｾｮＺｩ ｳ ･＠ agr ;;.;0d in wr i ting t he

o ffici a l B .E List f or purpo st:0s ｯｾｾ＠ this 1'.l.gr ee::!ent sha11 b . .: the list

prorc.ulgated by tl:e Borrom.:r by Decrees of t L:: Hini s t e r of Tro.dt.

dated August 14 ＱＹｇｾＨＮ＠ Othe r i t ens including i t ens ilhich :.1ny

heri=after be .i.dded t o ｴｨｾ＠ B.E. List sh::ill b e c c:_c: eligX::ile fo r

financ ing under thL.: Agre-.;::",ent only -with the wri ttc:n a.gr<.:e;:i.ent of

A.J.D

A. I.D. :_:..y u1-:clinc t o fin--!nc e cn y- ｳｾＺＺ［･｣ｩｦｩ｣＠ co::mioclity or

service ｷｾＱ･ｮＬ＠ in itc ｪｵ､ｧＺ ｾ･ｲＺＮｴ＠ such fin;:i.r:cing would be: inc onsist e nt

with the :purposes of th1:; ｌ ｯｾ＠ or of ｴ ｾＱ･＠ Foreign Assist<.:.nce /\.ct c f

19(1

as

ru:iended.

Stcrl'IOJIT

4

.05. Procuret:ent f or Public Se ctor - wg11 r espect

t o pro cur.::;..1ent hi::r e unae:r by or f or t!ie B0::.·rowcr , it s r-.ge nci t:s and o.ny

«.) ｩｦｯｴＱｾｩｴｨｳｴ｡ｮ､ｩｮｧ＠ S"'ction 201.11 (a ) of A. I .D. Regula.;.

tion I , Borrowt r s'lw.11 avail itself of opportuniti E:s t o ;:r c·cure

U.S . Goverri.l.1ent oi;ned excess property to the ｮｾ ｩ ･ ｕｌ Ｚ＠ e:-.-tent cons is tent

with the p urpcs es of this Loan -:md

(b) T:1e pruvisions cf Section 201.22 uf J..I.D.

Reeula-tiun I regarding c orr,:90titivt; ti c. procvdures shn.11 o.ppl:,r unless A.I.1 .

ot her wise .:...gr e e s i n writing .

SEC'l'ION

4

00. Utiliz ot icn of Connodi_ties. Borrower shell

utilization of the funds ｄ｡Ｎｑｾ＠ availcble c.nd the co?::X::.odities tc be

financed under trd s Agrct;r.:ent in o..cc0rc."ic,r.cc with cpplicable Indonesian

o.nd A. I .D legislation , policies, c....11d r egulations . :.1.nd (b) to

prcvsnt t1:1e use: of co1.ir ... cdities financed UI.1.cler this Agreer.:ent to proI!lute

or assist any pruject or activity associo.t(:d v ith or fin&nciad by any

country not incluJ.cd in Code

935

o f the A. I. D. Geographic CcdE: Bc,ok

as in t:ffl.'.!ct at the til:.c of such pro ject..:<! us<=. exc<::pt v:ith the prior

written consent of ＺＮｾ Ｎ ｉ＠ .D.

SECTIOH 4.07. r'.inioun Size of Tr:msacti...>r.i.s. Except where

ｵｵ ｴｨ ｯ ｲｩｺｾｊ＠ by A. I. D. in ｷｲｩｴｩｮｧｾ＠ nc; :foreign cxcho.nge o.llocation o r

l ctt-=r of crc:di t issuc..d pursuant t'- this 1\green:ent sb.11 be in o.n

umount less than five

Tnouso.nd

Dolle.rs

($5 ,000).

SECTION

4.08.

Prcccdurcs. A.I.D. will issuG n. C0Ir.r.1odity

Pro cur

.;t,ent

Instructi0n (CPI) for tl'.ic i r.f'c,rmation and reference of

both parties uhich vill recorJ.:

•· o. description o f the

procurer1cnt

o.uth1..·rized by this

ｯＮｧ ｲ･･ ｲＮｩｾｮｴ＠ ;

the ｣ＮＮｰｰｬｩ｣ﾣ＾Ｎ｢ｬｾ＠ CCl:Unvdi t ;r Finc,nc ing Procedures which,

ｰｵｲｳｵｾｴ＠ t o this !-\erc\::uent, n.rc A. I .D . · s Stan Jar d ｃ ｯｾｯｊＮｩ ｴｹ＠

Financ i ng

Procedures

utilizing

A.I.D.

ｒ｣ｾｵｬ｡ ｴｩ ｶｮ＠

I

except

as Regulo.tion I r:lay be inconsistent with the Agreerr.ent

the authorized ｷ ｾ ｴｨ｣､ｳ＠ cf financing , as set 0ut in

Article V hert.;)f

sp<::cic.l pr ovisi ons c..ppli cabl'- to the :::·rocur €:!:",ent

autl10rized. by thi3 P.grc::L:I::t::nt (includine: beth provisicns

a.pplic ::.bl<: to sr1r=:cific comr10Ji ty ｣ｯ､ｾｳ＠ enc: previs i ons o f

r

7

-stated in form suitable for incorporation in

instruc-tions to importers issued by Borrower.

ARTICLE V

Letters of Commitment and Disbursement

SECTION

5.01.

Requests for Letters of Commitment. To

obtain disbursements of the Loan , the Borrower may from time to

tiine submit Financing Requests to A.I.D. for the issuanc e of letters

of commitment to one or more banking institutions in the United

States designated by the Borrower and satisfactory to A.I.D. ,

committing A.I.D. to reimburse such bank or banks for

ｰ｡ｊｾｮ･ｮｴｳ＠

made, through letters of credit or otherwise , to the Borrower or

any designee of the Borrower; pursuant to such documentation

requirements as A.I.D. may prescribe. Banking charges incurred

in connection with letters of commitr.1ent and disbursements shall

be for the account of the borrower and may be financed

by

the Loan.

SECTION

5.02.

Other Forms of Disbursement. Disbursements

of the Loan also may be made through such other means a nd

by

such

other procedures as the Borrower and A. I.D. may agree to in wr: ting.

SECTION

5.03.

ｾ［ｩｮ｡ｬ＠

Date for Requests f or Letters of'

Commitment. Except as A.I.D. may otherwise agree in writing, no

letters of commitme nt shall be issued in r3sponse

to a Financing

Request received after six months f rom the date of signing of t his

A;;;reement.

SECTION

5.04.

Terriunal Date for Requests for Disbursement.

Except as A.I.D. may otherwise agree in writing, no disbursement

of tbe Loan shall be made against docur:ientation sub11itted after

or other L.;ethal of fin&"lcing . l.'h.;; C.ocUi:k:nt nu..:1ber shewn in th<:: letter

of cu::c:".it:2t:::nt or ｯ ｴＺ ﾷｾ［［［ ｲ＠ J.if;bursing .::utt0ri z.ation L.._ cur:.ent sh:::J.l b e

the-ｮｵｲ Ｎｾ ｴ｣ｲ＠ refl'"'cteJ. c.n c.l: Jisburse:::ent dc.cu:::.ents s ubLi tteJ to .A . I. D.

In ｣ｾ［｟ＧＮ｣ｬｩ＠ tL.,n tc t he ｾ ＱＮｊ＠ .... ve the Ik:r:::-<.Jwer sh.:;.11 :::a:!..nto.in rec ·.Jr J.s .:,.Jequo.te

t o ·..;st9.blish ｴＡＭｾｮＮｴ＠ tri(.: c on:J.0 Ji ties f'ino.nc.:.;J. hcrE:und<:::r r:.avc.. t..:e:n utilizet..

iI' ＧｊＮ｣｣｣ｲｑ｣Ｌｮ｣ｾ＠ with Sc ctL:m

4.

06 of tl:is :i.grcE::·:,'"nt.

LRTICLE VI

S:'..C'1'IOlJ 6.GL R0norts. A.I.D. sl1cll be furnish.::•2 with such

ＭＭｾＭＭ ..

the L;;:J.n ::-..rnl thl: ｾｾｅＺＺｲｦ｣Ｌｲ［ＮＺｯＮｮ｣｣＠ of :ibrr:wt:r Is ccli::;2..ticns umlc::r thif

A,sreenent o.s it ｲＮＱＺＺＮｾｲ＠ r20.s ')llO.bl;:,r r eq.ul:st.

sho.11 prol.1ptly inf_,ri::. :-.. I.D. of c:ny c ::>n C.itions Yhich ｩｮｴｾｲｌＮｲｴＺ＠ wit h.

e r ｴｨｲｾ｡Ｎｴ･ｮ＠ t o ｩｮｴｾｲｦＮＮ［ｲ ＱＮＺＮＮ＠ with. ｴｨｾ＠ re:!1:-:y;.1er:t c.f ·C[w Loc.n ＮＺＮ ｮ ＧＭｾ＠ th\.:: ｌＱｴ･ｾﾷＭＺｳＱ＠

o r the ｾ･ＡＧ ｲＧｶ ｲｌ ｾｮ ｣ ｌＮ＠ ｯｾＺ Ｇ＠ '-'.ay ether obl5_g :::.tic.n cf th..; ｾ ｙｾ ｲｲ ｣ＮﾷｷｯＺＺ ｲ＠ hereum1er .

ＧｩＧｨｴＺ ｲ ｴＺ ｵｮｊｾｲＮ＠ ｾｨｩ ｳ＠ ＡＬｧｲＮＺＺ･ｾＺＮＮ｣･Ｚｮｴ＠ sh'.'1.l l be f'rf:1... :f'rc::1 ) :::.nd th::: princi:yal vf

ｾｴｮ､＠ interest on the: Lco.n ｳｾｾ｣ｾｬｬ＠ b"" po.iC.. 'Ji thout ＱＮＮｬ＼ＮＺＺ｣ｾｵ｣ｴｩ｣ＺＺＱ＠ fur ｾｮｩＮＺ＠ fr f.:c::

fr c:.: ｃｊＮ ｮｾｲ＠ t£i.xc.th.n or fe<:::s i :_:p.:; s :.::J. unde:r the: lnws o f th;;; l]e:putlic

9

wc.rr'1nts ｾ Ｎｮｊ＠ covE:rnJ.nts teat in connection with ubtainint_; the a.ssistnnce

t c be furnishe:J. h0reunJer or any action und.e:r. this ａｾＧＬ ｲ ･･ｮ･ｮｴ＠ it has

not :pdcl ｾＧＮ ｮ､＠ Yill n(.t po.y or a1;r c,.; to ｰ｣ＮｾＮｲ＠ ncr to the best cf its knowledge

has there bten }?:::.id or T,rill ther2 be paiQ or o.gret::Z::. to be paid by any

other person or entity,. cor::rrnissicns ｦｾ･ｳＬ＠ or other paymE:nts r; f any

kinu) except a.s regular conpensat i c·n to Bcrrmrer' s full ti:1e office r s

::i.n<l er.tployees er a.s coupensati '.)n for beino. fiC!.0 pr ofessional technica l

or cor:.ipo.rc.ble services to which. i t is a part:r or of wl:licl: it he.t

knowledge o.nd if t:.i0 o.nount of ar.y such ｰ･ＮｾｹｲＮＮｩ･ｮｴ＠ is ｾ･･ｲＮ｣ｃＮ＠ unrec.sonc.-cle

by A.I.D., Borrower shc.11 cause a r eduction sc.tisfo.ctory to·i .. I.D . tc

be w:i.de therein

SECTION

6. 05.

ｾＧＮｊＺｅｅＺｅｓＮＡｮｊＮ［＾［＠

_£El..!?iS:G.f ..

ｾＧｾ［Ｎ｣ｩｬｩｴｩ･ｾＭﾷ＠

Exc<.:pt

as

A. I.D .

rr..ay othe:::rwise agree in vritinr not nore tho..'1 .$250,,000 . 00 fro:1 th€

rrvc-:eds of the Loan sna.11 oc ＺＺｾ｣ＮＮｕＮ･＠ r..vl',ilable by t he Borrc,wer f or .a

Single End Use. 1_{.rhe tert! · ｓＱｮ Ｑ｟［ ｬｾ＠ End. Use.: .. !Jeans tha purchase of}

cor:.:.wd.iti<::s :rnd coDnodity rcl ::::.te\2. services for us e in t :12 construction

･ｸｰ｡ｮｳｩｯｮ ｾ＠ 0quipping or alt eration 0f a physical facility or reltlted

physical f8.cilities _ but 1.loes not incluclt: use f c) r purposes cf

rehcJ'Jilit at iun or nodernizat ion of n.n exi stinc faci lity ｷｾ Ｑ ｩ｣ＺＺＱ＠ does

n ut invc·lv.:.: :i. substi-'.ntiul ch::i.nc·e in the size or clmracter of the

facility . For purposes :.crcof , ' related phys ica l f .::ccilitie s ' ;:,ecms

faci liti<::s whicn consic1erini; such factors ｛ｾｓ＠ fUncti 0rml interdependence .

f;00t;r 8.1)l1ic prvxil:1i ty, and ownership, constitut0 i n the ,jucll?'·'·cnt of

.1\.RTICLE VII

ｒｾＺｾ､ｩｾｳ＠ ｾ ｦ＠ ｾＮｉ Ｎ ｊ Ｎ＠

- ··---.-- ----·-·

ｾ ﾷ＠-·

SEC'l'IOl'T 7 ,01 :.vt.:nts ::.f ｄ･ｦ｡ｵｬｴ ｾ＠ .'.\.cce;leration. If '2ny cne

or :::::ore of the followinc; -:::vents ( Ｚ ﾷ ｾｳＺｶ･ＺｮｴＧ［＠ of Def::.ult ) slnll cc cur:

(s.) Borrcwer sh:.;.ll fc.il tc pc..y in full ::ny int·.::rest ur

ｩｮｳｴＧｬｬｬｲＮＮ ｾ ･［ｮｴ＠ l,f Princip:.::l ;rh..:n :J.u;..,

( b) Eorro1,rer shcl.11 fc.il to c0r:rpl:r with 0,ny ｾＺｴｨ｜ＬＬＮｲ＠ ＧＮ ｾｲ｣Ｑｶｩｳ＠ ion

｣ｯｮｴ ｣ＮＮ ｩｮ･ｾ＠ ｨｾｲ･ｩｮ＠ or

( c) 1illv :re:9resent2,tion or 1·:e.rranty r:ack "..:y 0r on teho.lf

of Borr-.;wer i-:i th r.:ospt:ct t.:i ｯ｢ｴｮＮｩｮｩｮｾﾣ＠ ｴｾ､Ｎ＠ s loc.n or ＮＺＺＺｾ､･＠ c.:r r1:.q_uired

t o '..it ｾ Ｎ Ｚ｡､｣ＮＺ＠ he:r:::un<J.-::r is incor:::ect in any ﾷｾＺｯＮｴ･ｲｩ｣Ｎｬ＠ rcs:;:,:iect thr::n ;;. . I .D .. ,

o.t its option ::..1ay 2.eclar(:; all or any p::-.rt Gf the Princi:;Jo.l l.io.lo..nc <.o

th2 default is cur;;;d. v!ithin sixty ( 60) cc:-.ys thereafter 9 such Princi:;;o.l

3:SC'l'I ON 7 . 02 .

Ge 0ds to .t_. LD , In the ev(.;nt tl:.c.t c,t c..ny tir'.e:

(.:i.) /:.n <;.;vent ::.:f ,.:;,er':mlt ho.s occurrE:u

(b) An evLnt occurs v!hich ; •. I.D l e:tt:rr .. ines t c.. b e an

1;;xtraordino.ry situc..tion w;iich ｲ［［｣ｾｫｅＺｳ＠ it ｩＺｴＺｾｰｲｯｃＮｯＮＺｴＮＮﾷｬ ｣＠ tho.t the purposes

0f the Loan '\\'ill be: o.ttcj_ned or that 3crru'·?'Cr 'dill ·oc :-,ble: t v ｰ･ｲｦＧ ｯ ｮ ｾＺ＠

its o ＺＮｾｊＮｩｾｯＮｴ＠ i o ns ｨ･ｲ｣Ｚｵｮ､Ｎ ｴＺＺ ｾ ﾷ Ｎ＠ or

tion gcvernin[

A. I.D .

or

11

-o f its ＺＺＺＮｧｾｮ｣ｩｾｳ＠ then ,,.I.D. in ｲｾｊＮｬｩｴｩｯｨ＠ t ::.:; ｲｾＺＺｩ｣ｊＮｩ｣Ｚｳ＠ :_->rcviCi.ed in .\. I.D. B.1;;gulo.tion I 2.t its :Jytion . Lo.y (i) -..:(.;cline t u issue further

letters cf co1:1t.'.!itr1ent o r otner disbursing ｮｵｴｨＺＭｲｩｾｲＮＮＮｴｩｯｮｳＬ＠ (ii) suspenU. or cancel Siutstc.nding l etters c f com:1itm.ent or <-'ther disbursin0

:).uthorizo.tions G:) the extent th::i.t th (;y have.. not te:en utilizeC.. t hr ou ·h the issuance o f ｩｲｲＸｶ ｯ ｣｡ﾷ ＧＮＮｊ Ｑ Ｈｾ＠ l1::ttE:::rs o f cr.:::C.i t, c. r t o the 2xtent thr ..

t

fl.. I . D. has not r.:nde Ｈｾ ＬｩｲｴＺ｣ｴ＠ ｲ･ｩｮｬ ｾ ｵｲｳ｣ ＺＺＭＺＮＺＮ ･ｮｴ＠ t o th-= Borrmrcr th..::r t:unu.cr, Givinz notice t o i.:.orrower ｰｲｯＺＺＺｰｴｬｾｲ＠ ther<=c.ft.::r., (iii) .:'.8clinc t c 1:::0.kL

､ｩｳ｢ｵｲｳ｣ｮｾｮｴｳ＠ o ther th:::n und.el' letters of cc:-:imit:c'.ent ::..r.d (iv) a t

;LI.D. s t!X:;_.)enst , direct th1t title t o c;oods fino.nce u ':"n:!rC;un(.er sbc..11

be tr:.Lnafurre•l to ｩｾＮ＠ I . D _ if th e:: cooJs o.re in c.. deli vc:ro.ble stJ.te ｾｭｵＮ＠

:10.v-.:: not be en ｃＮﾷｦ ｦｬｯｯＮＮｾｫ､Ｎ＠ in ::_)Orts 0f entry of InJ.ont;sie:. .

SECTIOl!

7,

03. P..:;furnls . I n ･Ｎ､ｾｩｴｩ ｯｮ＠ to a ny ro.d'unC. otht:r,ris t:

r equired. lr.r };., I. D. pursoc.nt t o R<::cula tion :!: _ i f A. I.0 . C.t::ter::iines that c..ny U.is burser:1ent is ':lot SU;?:;?Crte:C. l-y valid. ､Ｎｯ｣ｵＺＺｾ･ｮｴｯＮｴｩｯｮ＠ in n.c cc r la.ncc with this Ac;reu .. ent , c..r i s ir. vio l::l.ti on of the lo:ws ':0v-::rnin;:: J •• I.D.

or tho.t the o.ssistancc financ ed under

tnis

<·rec?_,;:;nt is net financ<::-:i or ust::d iu :::.ccvrJance with t he tcr::.s of this ａ･ ｲ ｴＺＺ･ｴＺｾ･ｮ ｴ＠ _ t i::.c: Borrowe:r sh::i.11 pc.y tJ ｊＮｾＮｉＮｄＮ＠ within ninety Ji:.ys ufte;r rcc<:i;·::. of requ'-'st s t:10.:: full c.::-iount of such Jisl·urser-:e:nt. Refunus pc.L1 by the Borro-..r.;r t c A.I.D r1.;sultine f ror:.. ｶｩｯｬｾｴｌﾷｮｳ＠ of the t err.:.s o f this A:-r ec::l:!ent sho.11 '._,c c ,,i1s i:.l.ere J us ·?, r t;;Quction in the ·:i.::. __.unt cf .i', .• I .:C, s :)l·li ,:ati on under

ｳｨ｣ｾｬ ｬ＠ n.:.it ·l.-c ::>V'.lil:::..;.)l e f or r eus r::: unde r tlie A;r ... c::::.<:nt. For ut.l!'!inistra

$10 000 shcl.l si.:rvc; t o reduce tht: last ｰｲｩｮ｣ｩｾｯＮｬ＠ ｲ ｴＺｾｳＮｹｲＮｩｯ［Ｚｮ ｴＮ＠ When,

h owever such r.::funds r.rc $10, 000 or over the. ｉｵＭＮＱｯ ｲｴｩｺ ｾ ｴ ｩｯｮ＠ Scheclule

shall 1:-1.,; revis2d.

SECTION

7

.Ol.;. W2ivtrl:.l. N ..J dclo.y in excrci sing o r or.ii t t ｩｮ ｦｾ＠

tc :;xercise . l'.ny riGht, power, c.,r accrui nc to ｾＮｉＮｄＮ＠ under

t his .;',cr .... euent sh!lll ·r-.o:.:: construed ::.s ｾ＠ we,iver of any o f these ri ,.,.hts,

powers or rcr1cC.i1.::G.

SECTION '7.05. ｅｸｮ･ｮｾｴｓ＠

of

Collectio n .

·---

-·

Al l r easonable

costs incurr-=d Ly A.L::J. (other th:m sc..lc.l'iE:s o f its staff} in

connection with the collectic·n of c.nounts due un.'.'..cr this Ae;r eer.:ent

ｩＺＺＮＺ｡ｾｲ＠ l:c ch::i.reeC!. to .Oorr·Jwcr Cilld ｲ･ｩｾ｢ｵｲ ｳ･､＠ o.s ;: .. I. D. specif:!.

,\RTICL!: VIII

: 'iisce llan12ous

----·F

____ _

SEC'II01;

3.

01. !:fst

:.:f

ｦｾｲ･ｳｬ［Ａｮ ｴ｡ｴｩ＠ ｶｾｾＮ＠

(a) Hll ｾＧＮ｣ｴｩｯｮｳ＠ required or IJE:r !1i tteJ. to ｨｾ＠ p1:::rfcr;:1ed or

taken under the ａＮｾＡＧｇ･ＡＺ･ｮｴ＠ by th.;:; Bcrrcwer or . t.I.D . nay "..;0 !;erfc.:.n.1C;d

'uy th8ir r-:spectiv.:: J.uly c..uthorized rc.::presEr.t:itiv2s.

(":.;) '1.'hc Bor40wcr here'b-.f l1esi'---no.tes the bt.nk ｎ･ｧｲｾ｡Ｎ＠

L1donesic. as its representdivt: with 8.uthority to J.esicnn.te in

\lri tir..=; other ｲ｣ｰｲｾｳｾｲＺｴｯＮｴｩ＠ ves of the Ba rro;rer in its cler.J.ines with

A. I. D, i n a.ccorC.c,nce with tile ＺＺＮＺｴＮＺ｣ｶｾ＠ subsection. ThEO Borrower 's

ｲ･ｰｲＮＮＺｳＮＬ｟ｮｴｾｴｩ＠ ves n::>.r:c.l pursuant to thE.: ｰｲ･｣･｣ｩＮｩｮ ｾＺ＠ sc-ntence ｾ＠ unless

;,.I.D. is [IiVl:r. !.;.;ticc 0t l.0rwise, sh:ill h'.1V8 o.uthcrity t) n.c:ree on

t.:;hnlf of tht: ｾｲｲＰ｜ｾ＼ＺＺ ｲ＠ t 0 nny notJ.ific utiun or a.r.:plificctic:n o f this

ａｧｲ･･ｲＮｾ･ｮｴ＠ 11hich l:.oes n0t su1:.stenti ｾｬｹ＠ incrt=o.se the Borrower '£

ｾＭ

13

-revocation

by

the Borrouer of the authority of any of its

representa-tives,

A.l.D. may accept the sienature of such representatives on

any instrument

as

conclusive evidence that any action effected

by

such instrument

is authorized

by

the Borrower.

SECTIOn 8.02. Communications.

Any notice request or

other communication e;iven, made or sent

by

the Borrower or A.I.D.

pursuant

to

this

Ac;ree;'llent

shall be in

wri tinr,

and shall be deemed to

have been duly given, made or sent to the party to which it is

addressed when it shall be delivered

by

hand or

by

mail, telegram,

cable or radioeram to such other

party

at the following addresses:

To the Borrower:

To A.I.D.:

ria.il

Address:

Bank Ner,ara Indonesia.

Djalan

Thamrin 2

Djakartat Indonesia

Cable

Address:

Delega.si Djakarta

rlfail

Address:

United States Agency for

International

ｄ･ｶ･ｬｯｰｾ･ｮｴ＠

American

n:ibassy

Djakarta, Indonesia

Cable Address: USAID AMEMB DJAKARTA

Other

addresses

nay be substituted

for the

above upon the

ｾｩｶｩｮｧ＠

of

notice and acknowledgment of such substitution.

REPUBLIC OF

INDONESIA

By Signed

UNITEP STATES OF

AMERICA

Signed