Official Documents- Amendment to Loan Agreement for Loan 8795-IN Ref. Cancellation (English)

In addition, we refer to the letter from the Department of Economic Affairs, Ministry of Finance letter no. [...] We are pleased to inform you that, in view of the foregoing and in accordance with the provision of Section 7.01 of the General Conditions (as defined in the Loan Agreement), the Bank hereby cancels as of December 14, 2021, an amount of the Loan equal to thirteen million three hundred eighty thousand United States Dollars (US$ l 3,380,000). [...] Start-Up Fund Grant Facility" means the financing facility through which the DPMUs award a Start-Up Fund Grant to an eligible Beneficiary, out of the proceeds of the Loan, for the financing of the Beneficiary's Business Plans, including for the purpose of on-lending, pursuant to Section D for the Schedule to the Project Agreement and the selection criteria and procedures contemplated in the guidel [...] Project Agreement 1. Section I. D.1 is amended of the Schedule is amended to read as follows: 1. For purposes of implementing Component 1 (c)(iii) of the Project, the Project Implementing Entity through TNRTS, shall ensure that Start-Up Fund Grants are made exclusively to eligible Beneficiaries, in accordance with the eligibility criteria and procedures detailed in the Project Implementation Plan. [...] Results Framework The Results Framework for the Project for the purpose of Section II.