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A.I.D. Loan No. 497-T-058
Project No. 497-0276
AMENDMENT NO. 1 TO
LOAN AGREEMENT BETWEEN THE
REPUBLIC OF INDONESIA
AND THE
UNITED STATES OF AMERICA
FOR
PROVINCIAL AREA DEVELOPMENT PROGRAM II
Date: August 15, 1979
Date: Augus t 15 , 1979
This AMENDMENT NO. 1, entered into between the REPUBLIC
OF INDONESIA ("Borrower") and the UNITED STATES OF AMERICA,
acting through the AGENCY FOR INTERNATIONAL DEVELOPMENT
("A. I.D. "),
WITNESSETH THAT
WHEREAS, the Borrower and A.I.D. entered into a Loan
Agreement, designated as A.I.D. Loan No. 497-T-058 on May 23,
1979 ("Loan Agreement"), whereby A. I. D. agreed to lend to the
Borrower up to seven million United States dollars ($7,000,000)
("Loan") to assist in financing Borrower's program to enable
the provincial and lower levels of government in Bengkulu,
South Kalimantan, Nusa Tenggara Timur and East Java Provinces
to improve their capability for the identification, planning,
implementation, management and evaluation of rural/area
development projects and activi.ties that reach and assist the
rural poor; and
WHEREAS, the Borrower and A.l.D. desire to amend the
Loan Agreement to add two million United States dollars
($2,000,000) to the loan, as hereinafter set forth;
NOW, THEREFORE, the Borrower and A.I.D. hereby agree as
follows:
1.
Section 3.1 of the Loan Agreement is revised to
read as follows:
"Section 3.1.
The Loan.
To assist the Borrower to meet
-1-
-
- - -- -- - --
I
-2the costs of carrying out the Project, A.I.D., pursuant to
the Foreign Assistance Act of 1961 as amended, agrees to lend
the Borrower under the terms of this Agreement not to exceed
nine million United States ("U.S.") dollars ($9,000,000)
("Loan").
The aggregate amount of disbursements under the
Loan is referred to as "Principal".
"The Loan may be used to finance foreign exchange costs,
as defined in Section 7.1, and local currency costs, as defined
in Section 7.2, of goods and services required for the Project."
2.
Except as hereinabove expressly amended, the
Loan Agreement is 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, each acting through its respective duly authorized
representative, have caused this Amendment No. 1 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
ｂｾ＠
Signed
By:
Edward E. Masters
Ambassador
---Prof. Dr.
Mochtar Kusumaatmadja
Minister for Foreign Affairs
I
A.I.D. Loan No. 497-T-058
Project No. 497-0276
AMENDMENT NO. 1 TO
LOAN AGREEMENT BETWEEN THE
REPUBLIC OF INDONESIA
AND THE
UNITED STATES OF AMERICA
FOR
PROVINCIAL AREA DEVELOPMENT PROGRAM II
Date: August 15, 1979
Date: Augus t 15 , 1979
This AMENDMENT NO. 1, entered into between the REPUBLIC
OF INDONESIA ("Borrower") and the UNITED STATES OF AMERICA,
acting through the AGENCY FOR INTERNATIONAL DEVELOPMENT
("A. I.D. "),
WITNESSETH THAT
WHEREAS, the Borrower and A.I.D. entered into a Loan
Agreement, designated as A.I.D. Loan No. 497-T-058 on May 23,
1979 ("Loan Agreement"), whereby A. I. D. agreed to lend to the
Borrower up to seven million United States dollars ($7,000,000)
("Loan") to assist in financing Borrower's program to enable
the provincial and lower levels of government in Bengkulu,
South Kalimantan, Nusa Tenggara Timur and East Java Provinces
to improve their capability for the identification, planning,
implementation, management and evaluation of rural/area
development projects and activi.ties that reach and assist the
rural poor; and
WHEREAS, the Borrower and A.l.D. desire to amend the
Loan Agreement to add two million United States dollars
($2,000,000) to the loan, as hereinafter set forth;
NOW, THEREFORE, the Borrower and A.I.D. hereby agree as
follows:
1.
Section 3.1 of the Loan Agreement is revised to
read as follows:
"Section 3.1.
The Loan.
To assist the Borrower to meet
-1-
-
- - -- -- - --
I
-2the costs of carrying out the Project, A.I.D., pursuant to
the Foreign Assistance Act of 1961 as amended, agrees to lend
the Borrower under the terms of this Agreement not to exceed
nine million United States ("U.S.") dollars ($9,000,000)
("Loan").
The aggregate amount of disbursements under the
Loan is referred to as "Principal".
"The Loan may be used to finance foreign exchange costs,
as defined in Section 7.1, and local currency costs, as defined
in Section 7.2, of goods and services required for the Project."
2.
Except as hereinabove expressly amended, the
Loan Agreement is 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, each acting through its respective duly authorized
representative, have caused this Amendment No. 1 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
ｂｾ＠
Signed
By:
Edward E. Masters
Ambassador
---Prof. Dr.
Mochtar Kusumaatmadja
Minister for Foreign Affairs