Enhanced Structural Adjustment Facility Trust–Borrowing Agreement–Loan Account–Suspension of Drawings


The Fund as Trustee of the ESAF Trust shall refrain from making further drawings under a borrowing agreement for the Loan Account of the ESAF Trust that was entered into before November 30, 1993 if any principal amount under that agreement is not paid within ten days after the due date, pending consultation with the creditor, provided however, that the Trustee may resume drawings under the agreement once arrears to the creditor have been paid.