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AGREEMENT, dated July 11, 1958, between International Bank for Reconstruction and Development (hereinafter called the Bank) and The Japan Development Bank (hereinafter called the Borrower).

Section 1.01. The parties to this Loan Agreement accept all the provisions of Loan Regulations No. 4 of the Bank dated June 15, 1956,^[1] subject, however, to the modifications thereof set forth in Schedule 3^[2] to this Agreement (said Loan Regulations No. 4 as so modified being hereinafter called the Loan Regulations), with the same force and effect as if they were fully set forth herein.

Section 1.02. Unless the context shall otherwise require, the following terms shall have the following meanings:

(a) The term "Sumitomo" means Sumitomo Metal Industries Limited.

(b) The term "Subsidiary Loan Agreement" means the Agreement between the Borrower and Sumitomo referred to in Section 5.06 of this Loan Agreement.

Section 2.01. The Bank agrees to lend to the Borrower, on the terms and conditions in this Agreement set forth or referred to, an amount in various currencies equivalent to thirty-three million dollars ($33,000,000).

Section 2.02. The Bank shall open a Loan Account on its books in the name of the Borrower and shall credit to such Account the amount of the Loan. The amount of the Loan may be withdrawn from the Loan Account as provided herein and in the Loan Regulations, and subject to the rights of cancellation and suspension set forth in the Loan Regulations.

Section 2.03. (a) The Borrower shall be entitled to withdraw from the Loan Account (i) such amounts as shall have been expended for the reasonable cost of imported goods

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