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PROJECT NO. 497-0302
LOAN NO. 497-T-064
•
AMENDMENT NO. 2 TO
LOAN AGREEMENT
BETWEEN THE
REPUBLIC OF IKDONESIA
AND THE
UNITED STATES OF AMERICA
FOR
APPLIED AGRICULTURAL RESEARCH PROJECT
J
Date:
This AMENDMENT NO. 2, entered into between the REPUBLIC OF INDONESIA
("Borrowertt)and the UNITED STATES OF AMERICA, actingh through the AGENCY
FOR INTERNATIONAL DEVELOPMENT ("A. I.D. ") •
WITNESSETH THAT
WHEREAS, the Borrower and A.I.D. entered into a Loan Agreement, on
September 29, 1980 ("Loan Agreement"), whereby A.I.D. agreed to loan to
the Borrower up to Five Million United States (''U.S.") Dollars ($ 5,000,000)
("Loan") to assist in financing Borrower's program to expand and improve
agricultural research; and
WHEREAS, the Borrower and A.I.D. amended said Loan Agreement on
December 22, 1980 to add $ 8,000,000, thereby increasing the Loan to
$
; and
セSLP@
WHEREAS, the Borrower and A.I.D. desire to amend the Loan to add
an additional $ 1,500,000 thereby increasing the Loan to $ 14,500,000;
NOW, THEREFORE, the Borrower and A.I.D. hereby agree as follows:
1.
The first paragraph of Section 3. 1 is revised to read as
follows:
"Section 3. 1 The Loan.
To assist the Borrower to meet the
costs of carrying out the Project, A.I.D., pursuant to the Foreign
Assistance Act of 1961 as amended, agrees to lend the Borrower t.m.der the
terms of this Agreement not to exceed Fourteen Million Five Hundred 'lhousand
United States ("U.S.") Dollars ($ 14,500,000) ("Loan").
2.
Except as hereinabove expressly amended, the Loan Agreement is
f"'
ratified, confirmed and continued in full force and effect in accordance
""""'
with all of its terms.
IN WITNESS WHEREOF, the Borrower and the United States of America,
2
..
....
each acting through its respective duly authorized representative, have
caused this Amendment No. 2 to be signed in their names and delivered
as of the day and year first above written.
UNITED STATES OF AMERICA
REPUBLIC OF INDONESIA
Signed
M. Panggabean
Minister of Foreign Affairs
Signed
a.i.
Edward E. Masters
Anhassador
LOAN NO. 497-T-064
•
AMENDMENT NO. 2 TO
LOAN AGREEMENT
BETWEEN THE
REPUBLIC OF IKDONESIA
AND THE
UNITED STATES OF AMERICA
FOR
APPLIED AGRICULTURAL RESEARCH PROJECT
J
Date:
This AMENDMENT NO. 2, entered into between the REPUBLIC OF INDONESIA
("Borrowertt)and the UNITED STATES OF AMERICA, actingh through the AGENCY
FOR INTERNATIONAL DEVELOPMENT ("A. I.D. ") •
WITNESSETH THAT
WHEREAS, the Borrower and A.I.D. entered into a Loan Agreement, on
September 29, 1980 ("Loan Agreement"), whereby A.I.D. agreed to loan to
the Borrower up to Five Million United States (''U.S.") Dollars ($ 5,000,000)
("Loan") to assist in financing Borrower's program to expand and improve
agricultural research; and
WHEREAS, the Borrower and A.I.D. amended said Loan Agreement on
December 22, 1980 to add $ 8,000,000, thereby increasing the Loan to
$
; and
セSLP@
WHEREAS, the Borrower and A.I.D. desire to amend the Loan to add
an additional $ 1,500,000 thereby increasing the Loan to $ 14,500,000;
NOW, THEREFORE, the Borrower and A.I.D. hereby agree as follows:
1.
The first paragraph of Section 3. 1 is revised to read as
follows:
"Section 3. 1 The Loan.
To assist the Borrower to meet the
costs of carrying out the Project, A.I.D., pursuant to the Foreign
Assistance Act of 1961 as amended, agrees to lend the Borrower t.m.der the
terms of this Agreement not to exceed Fourteen Million Five Hundred 'lhousand
United States ("U.S.") Dollars ($ 14,500,000) ("Loan").
2.
Except as hereinabove expressly amended, the Loan Agreement is
f"'
ratified, confirmed and continued in full force and effect in accordance
""""'
with all of its terms.
IN WITNESS WHEREOF, the Borrower and the United States of America,
2
..
....
each acting through its respective duly authorized representative, have
caused this Amendment No. 2 to be signed in their names and delivered
as of the day and year first above written.
UNITED STATES OF AMERICA
REPUBLIC OF INDONESIA
Signed
M. Panggabean
Minister of Foreign Affairs
Signed
a.i.
Edward E. Masters
Anhassador