TABLE OF CONTENTS
Article 1
PRELIMINARY PROVISIONS ................................................................................................................................ 7 1.01 Name and Purpose ...................................................................................................................................... 7 1.02 Application ...................................................................................................................................................... 7 1.03 Conflict with Loan Agreement .............................................................................................................. 7 DEFINITIONS AND INTERPRETATION .......................................................................................................... 8 2.01 Definitions ........................................................................................................................................................ 8 2.02 Interpretation ................................................................................................................................................. 11 EFFECTIVENESS ...................................................................................................................................................... 12 3.01 Date of Effectiveness ............................................................................................................................... 12 3.02 Event before Effectiveness ................................................................................................................... 12 COVENANTS AND EXEMPTIONS ................................................................................................................... 12 4.01 Loan Priority ................................................................................................................................................. 12 4.02 Liens .................................................................................................................................................................. 12 4.03 Excepted Liens ............................................................................................................................................ 12 4.04 On-Lending/Transfer of Loan Proceeds ......................................................................................... 13 4.05 Fraud and Corruption .............................................................................................................................. 13 4.06 Exemption from Taxes ............................................................................................................................. 13 4.07 Confidentiality ............................................................................................................................................. 13 4.08 Expropriation and Similar Measures ................................................................................................. 13 FINANCIAL AND OTHER TERMS .................................................................................................................... 13 5.01 Loan Account ............................................................................................................................................... 13 5.02 Interest; Computation of Interest and Other Charges ............................................................ 13 5.03 Commitment Fees; Front-End Fees ................................................................................................. 14 5.04 Financial and Economic Data .............................................................................................................. 14 5.05 Prepayment ................................................................................................................................................... 14 5.06 Repayment .................................................................................................................................................... 14 5.07 Place and Currency of Payment ......................................................................................................... 14 5.08 Business Day ................................................................................................................................................. 14 5.09 Bank Charges ............................................................................................................................................... 15 WITHDRAWAL OF LOAN PROCEEDS .......................................................................................................... 15 6.01 Withdrawal for Eligible Expenditures .............................................................................................. 15 6.02 Application for Withdrawal ................................................................................................................... 15 6.03 Withdrawal Conditions ............................................................................................................................ 15 6.04 Currency of Withdrawal .......................................................................................................................... 15 6.05 Special Commitment ................................................................................................................................ 15 6.06 Refund After Withdrawal ....................................................................................................................... 16 6.07 Sanctions ........................................................................................................................................................ 16 6.08 Withdrawal End Date ............................................................................................................................... 16
Article 2
Article 3
Article 4
Article 5
Article 6
OPEC FUND GENERAL CONDITIONS FOR PUBLIC SECTOR LOANS
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