Side Letter

http://vocabulary.worldbank.org/DocumentType/341

• Definition

  • Side Letter is a supplemental letter that may be used to (a) elaborate on a particular covenant or provisions of the General Conditions; or (b) contain representations made by the borrower, the guarantor, or the implementing entity at the time the loan is made. A supplemental letter specifying the member's obligation to provide information about its financial and economic condition is signed for each loan. A supplemental letter including representations regarding the financial condition of the borrower (other than a member) or party to the Project Agreement is normally signed for each loan. A supplemental letter should not be used to create obligations additional to those reflected in the Loan Agreement.

Broader Concepts

• Legal Record
• Project Documents

view more view all

view more

• Author

  • soufil

• http://vocabulary.worldbank.org/WorldBankSearchScheme/Acronym

  • SL

• http://vocabulary.worldbank.org/PoolParty/schema/Worldbank_Ontology/MDK_Code_

  • 540668

• Created on

  • 08 January 2014 [EST: 11:54 PM]

• Contributor

  • denisap74

• http://www.w3.org/2004/02/skos/core#inScheme

  • ImageBank Current
  • WBG Content and Document Type

• RDF Type

  • Concept