Le Pen's Russian loan: The contract

The French publication Mediapart obtained a copy of the contract for the 9.4 million-euro loan from First Czech-Russian Bank to Marine Le Pen’s political party and shared the document with The Washington Post. A Russian bank gave Marine Le Pen’s party a loan. Then weird things began happening.

t

KPEIWTHMI
r.Mocicsa

A<<11A>> cenTaA'psl 2014r.

flEPBbJh qEwc}cO-POCCJmCICHfl flAHJC
O6u~ecTBo
e
OrpanH~eHno~l
OTBercTBeHuocTbIO,
HMeHyeMsrf~ B flanbHe~imeM A<<ICpeiinropA>>, B flHUe
flpei~ceztaTena flpaBneurn4 flonoBa PoMasa aKy6oBHMa,
neflcTayfowero Ha OCHOB~HHH Ycraaa, C oJIHOfl CTO~0HbT. S
Aceousau~n A<<Haujlona.nbabIfl c~poHTA>> (A<<Front
NationalA>>), opraits3auwt, LteflctsyFoaian B COOTBeTCTBI4H C
saKoHonTeiThcTBoM A<<~pasunn, HM~H~~M~5T B ~ansHeflmeM
A<<3aeMuIHIo, or HMeHH xoTopoi~ 1xeiicTByeT KasHaMeO
ynpanna!ouA>>dt 4rnHaHcaMH
(~HaaHcoBbx~i grspeicrop)
Accousauwu A<<HawioHansNMf* ~ponTA>> ((<Front NationalA>>)
r-H BaanepaH, )ICaH, Mapa, epaacya J~e CCH )KIOCT
naOrHllrec (Wallerand, Jean, Marie, Francois de SAINT
JUST daAUTINGUES), Ha ocnoaanrnl YcTana, PeS0IUOLIHH
npesanel-ITa (npenceitaTena) Accounawia A<<HauHoHanbHbIA
~poaTA>> OT 10 HIOHYI 20 14r., Feweana HcUOJTHI4TBJISHOFO
6iopo or 29 anrycTa 20l4r., AonepeanocTa OT 02 ceHrsrGpYl
2014r, cnpyro~i cTopoai~!,
Aa.aee
a~eaye~sie
A<<CToponaA>>/ A<<CToponblA>>,
saKJnoqnnn nacarogund~ KpenHTHbIfl ~toroBop (nanee
A<<J~oroaopA>>) o HIuaecnegyfouLeM:

CTATb$I 1. TEPMH1-IM H OflPEJLEJIEHFI$1
)4nn uenefl J~oronopa, ecim CTopoaaMn iie
oronopeHo 141-10e, B T~KCT~ ~oronopa npI4MeHSJIOTC1l
cJie)1ylouuTe onpeaenern4~ 0cHOB}OEIX noH5rrfl$i:
A<<Ba.nIoTa JjoronopaA>> - enpo, egI4Han BaSuOTa crpaH
EnponeflcKoro Cojosa (EC).
A<<BbInsIaTaA>> - ntoA'an qacrb 14H15 BeR cy~~a Kpenwra,
npegocrasnaeMas3 3aeMunwy aa ycnosns3x J~oroaopa.

A(c)

A<<Atra l1CflOJA-b3OB2Hh1S &rnJiaTbxA>> - gara oTpa)KCHPISI
C~MMbJ BblnnaTbl no CcyLtnoMy c9eTy.
A<<J~aTa aaaiasia Ilepuoga ucnosi~3oaanns~ KpeisnTaA>> gara nognHcaHnn ~oroBopa.
A<<,L(aTa oKonqaHnsr flepifoiZa ,JdnoJIbsogasnsl KpeAHTa>) <dA>>A>> ceHTnSpsl 2015 r. (BarnosnTensBo).
A<<,llaTa olconqaTesbnoro
noranienna ICpejinTaA>> A<<23A>> cenTsl6ps 2019 r. (aKnEoNwTei1~no) HEM MH~51 gaTa,
npegycMorpeaaaa mi. 5.6, 9.2 )Joronopa.
A<<JLaTa ynnaTbI flpoueHToBA>> - nepBai~ gara yiinaTbl
npouenron, aa~wcnesa~tx sa nepaon C ganT, cne.ayfoweA(r)l
sa gaToti ncnonssoBamsn nepno14 EsinnaThi, no 15.12.2014r.
(eIcnEonMTenbHo) - ~e nosgnee 20.12.2014r.
J~anee, flpoueHTbt ynnaatanatoTca ne nosgaee 20-oro qacita
nocnegr-,ero MecHua xaagoro icaneanapworo KBaprana, a
Taicre n ,L~ary o~omiaTensHoro norameHns Kpegara lUTH
nayio gwry n cooTBeTcTBaM c nn. 5.6 H 9.2 ,L~oroBopa.
A<<Hsnenteane o6 iscnoJTssosarfnM Bsln.naTsIA>> - APStoKyMeHT,
TCOTOpSIM 3aeMwnK Ml4opMT4pyeT KpeAsTopa O HaMepenan
l4CflOflbSOB~Tb
BslnnaTy
n
onpegeneaaylO a gaTy,
oc~opMneHHslfl n cooTBeTcTBHTi e flpnnoA>>oeHMeM ItT I 1<
LWronopy.
A<<Kpe~wrA>> - cyMMa geHeilonix cpencrB B BarnoTe
,floronopa, npenocraBIIsIeMaR/ npenoctanneanasl 3aeMtuuxy
B C00TBeTCTBI4I4 C J~orOBOpoM.
A<<fipouenTA>> - MaTa, nonyaTaeMafl KpeanTopoM OT
3aeMulnxa 3a nonssonairne KpegnToM no floronopy B
cooTneTcTBaN CC cTaTsetl 6 ,L~oroaopa. _____________________

4.,.a

LOAN AGREEMENT NO. 04-03-02/14-28

~orouop X~ 04-03-02/14-28

September 11,2014

Moscow

FIRST CZECH RUSSIAN BANK Limited Liability
Company, hereinaffer referred to as aLeadera represented by
The Chairman ofthe Board Roman Yakubovich Popov acting
pursuant to the Charter, on one hand, and
Laassociation Front National, an organization
operating under the Iaw of France, hereinafter referred to as
aBorrowera represented by Wallerand, Jean, Marie, Francois
de SAINT JUSTdaAUTrNGUES, Treasurer - Finance

Managing Officer (Cheif Financial Officer) of Front National
Association, acting pursuant to the Charter, the Resolution of
the president (Chairman) of Front National Association as of
10 lune 2014, the Resolution ofthe Executive Office as of 29
August 2014, the Power of attorney as of 02 September 2014,
on the other hand,

hereinafier referred tu as aPartya/aPartiesa, have
entered into this ban agreement (this aAgreementa) as

fol bows;
ARTICLE 1. TERMS AND DEFINITIONS
In this Agreement, unless otherwise agreed by the
Parties, the following ternis shall have the meaning ascribed
to them as folbows:
aC,urrency of the Agreementa means the common currency

ofthe countries comprising the Europe Union (EU).
aDisbursementa ineans the entire Loan or part thereof
disbursed to the Borrower on the terms and conditions of the
Agreement.
aDisbursement Utilization Datea means the date on which
the Disbursement is credited to the Loan Account.
aLoan Utilization Period Start Datea means the date on
which the Agreement is signed.
aLoan Utilization Period End Datea means September, 10,
2015 (inclusive).
aFinal Loan Repayment Datea means 23 September 2019
(inclusive) or any other date provided by clauses 5.6 and 9.2

ofthe Agreement.
aInterest Faynient Datea first date of payment of lnterest
accrued for the period from the date following the first
Disbursement Utilization Date, until 15.12.2014 (inclusive)
not later than 20.12.2014.
Then, the Interest shail be paid on a quarterly basis on or
before the 2Oth of the ftrst month of each calendAC/r quarter, as
well as on the Loan Final repayment Date or any other date
pursuant w clauses 5.6 and 9.2 ofthis Agreement.
-.

-

aDisbursement Utilization Noticea means the document
issued pursuant to Annex I hereto whereby the Borrower
shall inform the Lender of its desire to utilize the
Disbursement on a certain date.
aLoana rneans the amount of funds in the Currency of the
Agreement to be provided / provided to the Borrower

pursuant to this Agreement.
aInteresta means payment to be received by the Lender from
the Borrower for the use of the Loan hereunder pursuant to
article 6 ofthis Agreement.

[~flpoueHTriaH
cOOrBeTcTBHM

eTasicaA>>
ro21oBo~i
npouewr,
B
C
KOrOpSIM
Haq~cnseTcn
ImaTa
sa
nonbsosaHMe
Kpe~MTOM
sa
cooTBeTCTsytOwnt~
flpoueHTHhIi~ nepHO1L
A<<llepnoa IfdnOJ1h3OBaH11$~ JCpeauTaA>> - nepHon BpCMeHH, B
reqe~~te coroporo 3aeMntuc MMCCT flpaBO HCnOflb3OBaTh
SbInilaTy B CO0TBeTCTBHH C yCfOBHSMH J~oronopa.
A<<[IpoIleHrHbIii flepHOfl>) - BpeMeHHon nepi4oj.I, n TeqeHne
~oToporo 3ae~.iwn< nonhayeren KpeAwroM H yniia~ItBaeT sa
no flpoueHnI B C00TBeTCTBHc co cTarbC~ 6 ~oronopa.
A<<UpHnrnKeHHeA>> - npHno)JCeHH5I K J~oronopy, ,BflrnOtUHeCS
ero HeoneMneMoil qacnro.
A<<Pa6o91111 APSteHhA>> - APSteHb, Me ~nn,uomk1i~cs nbXOfll4bIM kWH
npa32IHMHHMM flHCM B cooTBeTcTBHH C saKoHogarenbcTsoM
Pocciii~ccoi~ De.aepauHH.
A<<Cny~afl LLOC9OaIHOfO ktCTpe6OBaHHsfl> - sno6oe co6uTrie
HUM cny~aA, yxasaHHbe B eTaThe 9 J~oroBOpa.

A<<CcyaHb!ii CMCTA>> - CtleT/ C4eTa, oTKpbITsIe y KpenMTopa
AJH y~era CCyA}IOfl saztoJnKeBnocTH 3aeMwdKa
10
Jjoroaopy.

2.1.

CTATbSI 2. flPEJJ~MET Jl~oroBOPA
KpeaHTop npeflOCTanJlUeT 3aeMwHKy Kpe~HT B
~op~e ~peJtiiTHon JAHHHM APS .YIHMHTOM BbL1IBMH B
pasMepe
9 400 000,00
WCBHT6
MHJIJIHOHOB afeTblpecTa TbICS1M 00/100) eupo C
RaTO~i

oconqaTenbHoro

norameHHs

Kpe~ura

-

A<<23A>> ceaTa5pn 2019 r., eciui ii~as naTa Me
ycTaHonneHa KpernrropoM
B
cooTBeTcTBllH
C
yCJ1OBH5JMM ,E~OroBopa, C noratueHileM Ha )aCHOBHRX,

22.

wsno)lceHHhJx B n. 5.5 n n. 5.6 )loroaopa, ynnaTofl
flpo.teHToB,
Haqklc.neHnbIx
B
C00TBeTcTBKH
C
yCnoBM~MM CT~TbH 6 Aoroaopa.
KpenxT npenocTasnneTcs 3aeMwMxy Ha cnegyloulue
ueJi4: nOfloJIH~HflC O6OpOTHbIX CpeflCTB.

CTATE$I 3. 0TJ1ArATEJIEHbIE YCJIOBH5I
3.1.

A"

1ICflOJIE3OBAHI4$l KPEAI4TA
Y 3ae~iuinca BosHHEcaer npa~o Ha ncnonbsoBaHI4e
BsrnnaTs B flepnoa HcnOn53OBaHHR Kpennra, a y
KpeniTopa O6$IaaHHOcTb npeflOcTaBMTb BblnnaTy B
flepHon kcnonssosaFms Kpegwra npn BbInoHHeH4H
cneay~ow>ix ycnOnllft

3.1.1.

npencTaBiieHMe SaeMatnxoM 14sBeweHfl.~ ob

~cnonssosaHnn
3.1.2.

Bi~nna~rsi,
cas
3T0
npe~ycMOTpeHo r. 5.2 )Joroaopa;
cyMMa paHee npenoCTaBfleHHMX EbinnaT no
,florosopy, C y~4eTOM CyMMLI BstnnaTbt,
yKasaHHo~1 B npenoCmanneHnOM SaeMuaHKoM
I4sBeuieHHH ob Mcnonssonanwn BslnnaTM,
ie npeubwaeT EHMHTa, yKasaHworo s n. 2.1
~oro~opa;

3.1.3.

nanwne y KpeLiwropa cB060jtHbx pecypcoB
a Ba.moTe J~orosopa;

3.1.4.

3A+-5.

3.1.6.

npenocTanneHle 3aeMutncoM Kpe.uwropy
peLueHnn
ynoJiHOMONeHHOA(r)o
oprana
3aeMurnsa o nonyMectul KpenHTa no
~oronopy, ecnn ~acoe pemeHue rpe6yeTcs
B
cooTBeTcTBun
C
neliCTEylOlliaM
satcoHonaTenscraoM H ywpenHTenbHMMH
lrnxyMeHTaMH 3aeMtunIca;
yrA-naTa 3aeMwHcoM Kpenwropy MOM}ICCHI4
sa oTapbTne Ccy1lHOrO csera cornacuo
~CflOBK5{M n. 8.1 ,E1,OroBopa;
8CC 3asBneHM~ M saBepeHk{n 3aeMulnka,

aJnterest Ratea means the rate per annum used for
calculation of payment for the use of the Loan for the
respective lnterest Period.
aLoan Perioda means a period of finie during which the
Borrower may use the Disbursenient pursuant to the ternis
and conditions ofthis Agreement.
aInterest Perioda means the time period during which die
Borrower shaH utilize the Loan and pay the Interest for its use
pursuant to article 6 of this Agreement.
aAnnexa means the annex to the Agreement forming its
integr~I part.
aBusiness Daya means any day which is not a weekend or
holyday under the law of die Russian Federation.
aAcceleration Eventa means any event or circumstances
specified in article 9 ofthis Agreement.
aLoan Accounta means the account(s) opened with die
Lender to account for rhe Borroweras debi under the
Agreement.

ARTICLE 2. SUBJECT MAflER
2.1. The Leader shah grant the Loan to the Borrower in the
form of a facility with a disbursement unit of aine
million four hundred thousand Euro (a!9,400,000.00)
with a Final Loan RepayA-nent Date of 23 September
2019, unless any other date determined by the Lender
pursuant to the ternis and conditions of this Agreement,
to be repaid on the terms and conditions set out in clause
5.5 and 5.6 and of this Agreement and with payment of
lnterest calculated pursuant to article 6 of this
Agreement.
2.2. The Loan proceeds shall 5e applied by the Bonower to:
replenishment of current assets.
ARTICLE 3. CONDITIONS ERECEDENT FOR THE
LO AN
3.1.The Borrower shaH have the right to utilize and the
Lender shaH have the obligation to make die
Disbursement within the Loan Lltilization Period
provided that the following conditions precedent are
satisfied:
3.1.1. The Disbursement Utilization Notice has been
given by the Borrower as provided by clause
5.2 of this Agreement;
3.1.2. The aggregate of the Disbursements made
hereunder before, including the Disbursement
specified by the Borrower in the
Disbursement Utilization Notice given, is
equal to or below the limit specified in clause
2.1 ofthis Agreement;
3.1.3. Free resources in the Currency of the
Agreement are available to the Lender;
3.1.4. The Borrower bas provided the Lender with a
resolution by the competent body of the
Borrower authorizing the receipt the Loan
under die Agreement, if such resolution is
required pursuant to the Iaws currently in
effect anti the constitutive documents of the
Borrower;
3.1.5. Payment by the Borrower to the Leader ofthe
fee for opening ofthe Loan Account pursuant
to the ternis and Conditions of clause 8.1 of
this Agreement;

3.1.6.

3aHHbIeBcTaTbe4~oroBopa,~8nn~TCfl

32.

A

ae~icTBI4TeJJsHblMw
ia gaTy no)tnHcal-111s
J~oroaopa, itary noriya4eNH~ KpernlTopOM
H3eeutewasl ob Hcnosib3oBaHMH Bb!rlnaTbI li
~ary HcnonsJoBaHwI BsTnnaTsI;
143
CnyHaeB Aocpoa1H0r0
3.1.7. 14H O1IHN
rlcrpe6oBaHHfl HC HMeeT MecTa Ha 21aTy
nowlncaHH5l J~oroBopa, flaTy nonytle14aa
KpeuuTopOM
l4sBeuIeHHE
o6
HcnonbsoBaHHll
8&tnnambl
H
)~aTy
Hcnons3oBaxw4 BblnflaTbl.
Ka~aoe 143 oTJ1~raTeflbHblX ycnOBH~i Mo~KeT 6sITb
oTMeHelIo KpCAHTOpOM ~jrn mo6o~ ~3 BbtnnaT np14
coA'flIOAeBHH
KaIcHx-JIHA'o
ydnoBH~i
~flw
6es
coSnloAeBH5l
oRSIX,
aff0
se yWeMJuICT
npaa
Kpenwropa
Tpe600aTb
BbfnoJrneKHn
3THX
oTJlaraTeJlbHbTX yc.noBHii ~nz rnoA'oro nodneAylOLUerO
wcnonssoBarnsB HHbtX BslnnaT

CTATbS{ 4. 3ASIBJIEHHSJ H 3ABEPEHI4SI

4h

3aeMuiuK sasrnnsleT H saaep5leT cneztylClUee:
4)1. on
~Bn~eTcg
Iopk~aw4ecKHM
1111140M,
goJmc Hw M
OGpa3oM
opPaHHSOBaHH ht M,
saperllcwMpoBaKHblM

B cooTBeTcTBrn4 C
aaxoHolIareJlbcTBoM cTpaH~l pesPweHTcrBa 14
3SKOHHO ocywecTBflS3IOUU4M flewreJlbHOcrb H
ero HacTo~wa~ tjlHsaHcoBo~xos1dicTBeHHan
Ael!TenbHOCTb
ocytUeCTBflBeTcR
B
cooToeTcTnHH
C
nono)KCHHSMH
Cr0
y4pe21ttTeJlhHbIX A0KyMeHTOB;

4.1.2.

4.1.3.

Cr0
npaBOCnOCO6HOCTb
nO3BOSISeT
satunoqHTb J~oroBOp H gpyfl4e noKyMeHTbl,
o~n~ocatuHeCsl
K
~OPOBOPy,
nony4wrb
Kpen*rr H BhtflOJlHHTb asaThie Ha ce6si
obasaTeJtbCTBa no ~orooopy;
JjOJ1)KH0CTHETe natta, nOAnHChtBalOWHe OT
HMeHH 3aeMuu4ka 4~oroaOp H ~pyPHe
OT14OC5IItH~C5t K goroeopy,
J4MetoT
nce
nonHoMOMHa;

4. I .4.

4.1.5.

Heo6xo21HMbtC

1~fl5l

KOTOpOM

cTopOH0~i

no

neny

the date of the executton of this Agreement,
the date of the receipt by the Lender of the
Disbursement Utilization Notice and the
Disbursenient Utilization Date;
3.1.7.
No Acceleration Event bas occurred as of the
date of the execution of the Agreement, the
date of the receipt by the Lender of the
Dishursement Utilization Notice and the
Disbursement Utflization Date.
Each of the conditions precedent may be waived by the
Lender for any of the DisbursemefltS subject to any
conditions and without prejudice to the Lenderas rights
to demand that such conditions precedent be satistied
for any further utilization of other DisbursernentS.

ARTICLE 4. REPRESENTATIONS AND
WARRANTIES
4.1. The Borrower represents and warrants that:
4.1.1.
k is a legal entity duly organized and
registered under the Iaw of the country of
residence and ]awfully operating and its

cuitent financia) and operating activities are
conducted pursuant to the provisions of ils
constitutive documents.

4A+-2.

It bas the capacity to enter into this
Agreement and other documents related
hereto, receive the Loan and perform ils
obligations hereunder;

4.1.3.

The officers signing the Agreement and other
documents related hereto on behaif of the
Lender have ail powers necessary to do that;

4.1.4.

AIl acts, conditions and requireinents
permitting the Borrower to Iawfully enter into
this Agreement and any other documents
related hereto, exercise its rights and perform
ils obligations have been duly performed,
complied with and observed, including the
resolution by the competent body of the
Borrower authorizing the receipt of the Loan
pursuant to flic terrns and conditions of this
Agreement.

4.1.5.

AIl conditions precedent to be satisfied by the
Borrower pursuant to article 3 of this
Agreement shall be satisfA-ed and the entry
into ami performance by the Borrower of the
Agreement is not and shah not be contrary to
any provision of the Charter ofthe Borrower,
any law of the Russian Federation in effect,
any instruction, order, agreement, regulation,
contract or a any court judgment or ruling to
which the Borrower is a party;

TOPO

ace 21eflcrann, ycnoB~~ H TpeA'oBarlwa,
KOTopble 11O3BOJIRIOT 3aeMuuucy 3BKOHHEIM
o6pasoM saxnsoqNTb Aorosop H npyrHe
1joxyMeFrrbl, OTH0CfltJ-1M~CS1 K J~oroaopy,
HcnonbsoBaTb CBOH npaoa H abInonHHTb
CBOH O6B3aTCJ1bCTBa no J~Or0BOpy, 6blnH
4011)1(116111
O6pa3OM
coBepuJefIbI.
14 co6ntoAeHbt, B TOM a414C11C
ynonHOMOateHI-ISIM opra~oM ynpaBneHHn
3aeMuaHKa npHHSITO peltlenHe o nonya-ICHHH
Kpe21HTa B cooTBeTcTBHH C yC11OBH5{MH
HacToawero )~oroBopa;
nce oTnaraTenbHbIe yc.rioBHst,
Korophie
11011)1(146a 66116 abInonFlexhi 3aeMLttMKOM B
cooTseTcTawH GO cTaTEeM 3
Uoroaopa,
6ygyT Obi nonHCNbI,
H saicn,oqeune
H
acnonHeHMC 3aeMWHKOM J~oroBOpa 14e
HapymaT 11 ne GynyT HapytilaTb KM 021140
nonoKesHe YcTaaa 3aeMwHKa, KaKod-Jlt{60
AeiicTByIowH~
3aKoH
Pocct4icKoM
cDenepauHw, HHcTpyKUHIO, pacnopsoKel-lfle.
cornawenwe,
nocTasooneHHe,
ttOAOBOP,
pemenHe 111114 onpe21eneHHe nto6oro cyga, B

3aeMm~iASS

3.2.

AIl representations and warrantles set out in
article 4 of this Agreement remain valid as of

51Ofl5ieTc51

4.1.6.

4.1.7.

4.1.8.

4.1.9.

4. 1.10.

M3aetrHa o6 flOM 3aeMnIuxa;
8 T~HCHM~ cpona APStePcTaktn

J~oronopa

3aeMLLwK ne GyaeT 6es npe.nsapNrenbHoro
nxchMennoro
yaesio~sieni~~i
Kpezwropa
HsMelurrb cBOlO opraHHsaLtMoHHO-npaBOBY?o
c~)opMy;
flCfl
VH~opMatwfi,
npe.noCTanfleHHaSl
3aeMuu.ucoM
KpeJIllTOpy
B
C8533M
c
florosopoM, smnsercs sepnofl, flOnflOli M
ToqHofl 80 acex o~aouieu~sx, n 3aeMmnIc
Fie C1C~bI.a1 O6cTOilTeJISCTB, ECOTO9M e MOrflH
GEl
R~M Mx oGHapyNceHMM Herarnano
~OBfl~~Tb
Ha
pemenne
KpenMTopa,
nacaiotueecs
npe.aocTaBnenHn
Kpewira

3aeMuwKy;
4.1.1 I. w~naxoe
cytuecrseanoe
MsMeHeHMe
obcA(r)osrrenbcrs, B cMblcJle cr451 ~K pe, 113
noropsix OH MCXOJIHII fl~M 35KnlO~eHHN
L~oroaopa, He GyneT SiBJlliTbCSl 0CHOBaHWCM
ansi
MsMeHeHMa
1151M
paCTop)KeHH5I
.L~oroaopa.

1.

U

o65A3aTenscTBa 3aeMuiHKa no J~oroaopy
5!BH5NOTCS 3aX0HH6IMH, fleflcTBMTeJIEHbA-MM M
O6B3aTeESHSIMH K McnonneHMFo CO CTopoHbT
3aeMwnKa;
3aervinuriwy HepnaecrHo HaKaIcoe CyJteGHOe
1151M aJtMMHMcTpaTMBHoe flp0M3BOSICTBO, H
HacTosatee apeMIl cyulecTnyloulee 1151M
oNdwflaeMoe 14 yrpoxcaFou.tee ero MHrepecaM
1411M axTkIaaM, ~oropoe MOnlo GEl olcasaTb
orpKuaTensHoe MaTepMa.nbnoe neflcraae na
cnocoSHocTE 3aeMutMKa MCnOJIHSTE CBOM
o6nsaTenbcTaa no J~oroaopy, a TaK~ne MHEIM
noroaopaM/ cornameHMsM, saluIloNeHHblM
MeNcny CTopoHaMM;
3aeMwMK Ne orKa>KeTcs or MCHOEHeHHS1
CBOMX oA'gaaTenbcTB no J~oroaopy, a TaK,lce
HHb[M
Aor080paMJ
cornameHMjtM,
3alcsEfoqesilslM MeM(.a~a CropoHaMM, a Talo{Ke
ie coaeplllMT nepeBon aonra Ha T~~flC
SUmO 6es flpennapHreflbHOrO flKcEMeHHOro
cornacilsi Kpe.awropa. flpM 3T0M KpenllTop
ocTannaer sa co6ofl npaao 110 cBoeMy
ycMoTpeHMlo
coaepl.UMTE
nepeycTynKy/
sanor npa~ no ~oroBopy, flMCbM~HHO

4.2.

4.3.

4,4.

3aeMutxk

rapaHTwpyer,

NTO

ace

sasnneHws

M

saaepeHi.1n, wsnoA>>(eHHble B Hacrosiatefl cTa1be,
asinonHeHEr Fia ~ary no.anMcannst ~oroaopa n Gystyr
nOCTOSHHO flbinOSiMYlTbCsl B TealesMe cpoKa APStei~cTBMS
J~oroaopa.
3aeMawn o65isaH i4snewan KpesrnTopa O rno6oM
MSMeHeHMH n ero 3asianeFmsx H saaepenHax,
yxasaNnblx n n. 4.1 goroaopa, B T~M~HM~ 3 (Tpex)
Pa6oqrwc ~ C Lt~Tbi HacTynneHMsi TaKorO COAMTMS1.
3aeriww oA'si3yeTcsi fl911 noltflHcaHHH nEOGEIX
flononneHMfl
111134
nsMeHeHwil
K
J~oroaopy
npeacTasJ]STE Kpegrrropy Hanne)Kawe saBepeHable
BbinMciul 115 pemeHM~1 i-ex opranoa ynpannenwii,
KoTophie
O6J1aflalOT
cooTaeTcTBy)O1Ue~i
KoMneTeHuMe~3
no
npMHaTl4lO
pemennfl
o
nosinncaHulM Tanoro posta ~ononHeHMfl M M3M~HeHPdi
na
ocnoaani~a
yt4peliMTeJlEHblX
APStOKYMCHTOB
3aeMwFiKa.

CTATb${ 5. tTCrIOJIb3OBAHIIE, U0rAUIEHI1E

4.1.6.

The obligations of te Borrower under the
Agreement are valid, lawful and binding
obligations assumed by the Borrower;

4.1.7.

Tbe Borrower is flot aware of any court or
administrative proceedings current, pending
or threatened against its interests or assets that
could have a material negative effect on te
Borroweras ability w perform ils obligations
under this Agreement and any other
agreementJcontraCt entered into between te

Parties.

4.1.8.

The

Borrower

shah

not

repudiate

the

Agreement or any other agreernent/contract
entered into between te Parties and shah flot
transfer its debt w any third party without
written consent of the Lender. However, the
Lender reserves the right to assign/pledge its
rights hereunder at its discretion by written
notice to the Borrower.

4.1.9.

The Borrower shaH flot change its forrn of
incorporation during the tersa of this
Agreement without written notice to te
Lender;

4.I.10. AI) information provided by the Borrower to
te Lender in connection with this Agreement
s Ixue, compiete and accurate in ail respects
and te Borrower has flot concealed any fact
which, if discovered, could affect the Lenders
decision reiated to granting the Loan to te
Borrower;
4.1. 1. No matertal change itt circumstanCes, in terms
of article 45 I of the Civil Code of the Russian
Federation, on which it relied in the entry into
this Agreement shah not be a ground for
amendment or termination of this Agreement.
4.2. The Borrower guarantees that ail representations and
warrantA-es set out in this article are true as of te date

of the execution of this Agreement and shah continue
to be mie throughout the term ofthis Agreement.
4.3. The Borrower shah noti~a the Leader of any change in its
representations and warrantA(r)es ser out in clause 4.1 of
this Agreement within three (3) Business Days of sach

change.
4.4. In the event of execution of any supplements or
amendments w this Agreement, the Lender shah
provide the Lender with duty certified extracts frorn
resolutions of a body which have the respective
competence to adopt resolutions on execution of such
supplements and amendments based on te
constitutive documents of the Borrower.

ARTICLE 5. UTILIZATION AND REPAYMENT 0F

j

ta
si.

r

5.2.

5.3.

I

~AN
ICPEJLTITA
5.1. The Borrower may utilize the Loan by way of one or a
3aet~1niMK MOKCeT Hcnonb3oaaTb Kpe~HT QaHOfl
few Disbursements within the Loan Litilization Period
HBcKAflSFCHMH BblnflaTaMN B flepHon Hcnonb3ouaHnfi
pursuant to clause 2.1 ofthis Agreement.
Kpeurra, corilacHo ycnoa~s~ ri. 2.! ~oroBopa.
5.2. The Borrower shaH noti~a that Lender o! iLs desire to
3aeMWNK coo6utaeT KpenHTopy o cnoe~
receive a Disbursement by providing die Lender with a
nonywflTb
BbInnaTy
flyTeM
npencTaBfleHM5l
Disbursement Utilization Notice at least one (1)
KperniTopy
M3BemeHl4s
06
HdnonbsoBaHaa
Business Day before the Disbursement Utilization
BblnnaTsI Fie ~e~ee ~eM 3B I (Oaun) PaA'oaznii lieus
Date. The Disbursement Utilization Notice shah be in
jio Jjarsi ucnoEb3oBaHHsJ Bsrn.naTbl. M3BeuleHHe
the form provided by Annex 1 to this Agreement.
06 Hcnonh3oaal4plH Bs~nnaTbl flOJl)KHO 651rb
The
Disbursernent Utilization Notice shaH be deiivered
coc~a~~ieso
no
4JopMe,
ycTaHoaneHHo~i
to die Lender by conner, facsimile or post.
flpwno~eHl4eM N9 I K J~Or0B0py.
M3BeaLeHHe
oS
Hcnonb3OBaHHn
BbInnaTbI
HanpaBns1eTc~
B agpec
Kpe.anTopa
KypsepoM,
~aKcoM Mml noqmoit
flpi~ 3TOM Kpenllrop ocTaBn~er 3a co6o~ npaso no
ceoeMy
ycMOTpCHFIIO
OTKaSaTS
3aeMuiHXY
B
McnOflb3OBaHI4M Bsinnarsr n cne~yI0EuHX cn3na~x:
5.3.1.
npeBslLlIeHkul
cyMMsI
paHee
npeaocTaBJ]eHHMX BsInnaT no )~oroBopy, C
yqeroM C~MMbI BsInnaTbl, yKasaHHo~i B
npeJiocTaDfleHHOM
I4aBeuIeHMH
oS
Mcnonb3oBaHna
RhinnaThi,
J1MMHTB,
yKa3amloro n n. 2.1 Rorosopa;
5.3.2.
NecooTneTcTBPis
Ha3HaqeHMs
flJlaTe)Ka,

yka3aFmoro B npelrbsBneHHsIx K onnaTe

5.3.3.

5.3.4.

5.3.5.

A(r)

5.3.6.

5.3.7.

5.3.8.
5.3.9.

t.

5.3.10.

nnaTe)lcHbcx
RoKyMeNTax,
UeJIBM,
Hsno,KeHNSIM B n. 2.2 ,floronopa;
HBJIMNMB rlp0Cp04eHnO~ 3aAon)KeHHocTH
no Kpesiwry, flpoueFlTaM aa nonssonaHne
Kpe1ulroM H FIHb]M nJrnTe)lcaM 3aeMwHKa
nepeii Kpe.awropoM no J~oronopy iii unw
541151M
lioronopaM
W114 cornauJeHWlM,
3aKnIOMeHHbIM Me)K)iy CTopoHaMH;
nocTynneww~ AOKyMeHTOB O cnncaHknl
~eHe)rHS1X cpeltcTB 6e3 nononrnsrestsHbIx
pacnOp5DKeHN~
3aeMwHra
CO
ca4eTOB
3aeManlKa, oTIcpbIrblX 3) Kpe2i.MTopa B
f031533) TpeTbMX JIBLI na yc.noBPLssx 3apaHee
nonyaieHuoro alcuenTa 3aeMlwiKa;
yxynuleHHJI
AmiancoBoro
n0Ji0*eHM~
3aeMwmca,
B
TOM
qwcne
ripli
BO3HHKHOBBHI4M y Hero npOcpO~eHHOfl
3allOJDKeHHOCTII nepeA TpeTSHMM nwuaMl4;
Bo3HHKHoBeHH~
OSCTOWrenSCTB,
cnoco6nsix
saTpyJIHWrb
npeHMyluecTaer{HOe
ygOBneTBOpeHHe
TpeSoBaHHu
KpeJiFiTopa no JjoroaOpy
Fi/ HJTH
IIHSIM
noronopaM
5431M
cornaujeHx5lM,
3aKs1[oqeHHMM
Me*~Ily
CTopoHaMM;
no~6yuneHnn n oi~HomeHMH 3aeMuuiKa
npoueflypM SauKpoicTna;
HacTynneHHs omioro 1431M HecKoslbKklx
c.nyqaen
jtocponnoro
HcTpeA'oBaHHn,
npejtycMorpeHHslx n. 9.1 Jtoronopa;
HeBslnonlleHFiJI
54/ 1431M
Henaune)lcaulero
BSIflOJIHCHM5I
3aeMu.tnkoM
nioSoro
oSsBarenscTBa,
npeJlycMOrpe$*{Oro
AoroBopoM M/ 1431M I4BEIMH j~oroBopaMIl H
cornaLuefwsMn, IaKJIIOqeHHSIMM Me)sASSay
KpenMTopoM M 3aeMruHKoM;
~ensinon~e~w~
11/543111
Heaajtne14ASSawero
asInonHeHIls
nopyq~~ene~
nio6oro
o6nsarenscTna,

G

ii

31

npe,uyCMOTpeHMOrD

5.3. However, the Lender reserves the right to deny the
Borrower the right to utilize the disbursement at ils
discretion in any of the following cases:

5.3.1.

The aggregate of the Disbursements made
hereunder before, including the Disbursement
specified by the Borrower in the
Disbursement Utilization Notice given by the
Borrower, is equal to or below the limit
specified in clause 2.1 ofthis Agreement;

5.3.2.

The

actual

application

of any

payment

specified in payment documents submitted
for disbursement is not as provided by clause
2.2 ofthis Agreement;
5.3.3.

There is any debt outstanding with respect to
the principal of the Loan, the Interest for the
use of the Loan or any other payment of the
Borrower to the Lender under the Agreement

and/or any other agreement or contract
entered into between the Parties;
5.3.4.

Any document has been received evidencing

the direct debit of funds from the Borroweras
accounts with the Lender in favor of any
third party under the acceptance obtained
5.3.5.

from the Borrower in advance;
The financiai conditions of the Borrower
have been deteniorated, including due to a

past due debt to any third party;
5.3.6.

There has occurred any event which is abie
to prevent die preferred daims o! the Lender
under the Agreement or any other agreement
or contract entered into between the Parties
from being satisfied;

5.3.7.

The

bankruptcy

proceedings

have

been

initiated against the Borrower;
5.3.8.

5.3.9.

5.3.10.

Any one or a few acceheration events
provided by clause 9.1 of this Agreement
have occurred.
The Borrower bas failed w perform or
impropenly performed any of its obligations
provided by the Agreement and/or any other
agreement or contract entered into between
the Lender and die Borrower;
The surety has faiied to perforni or
improperly performed any of its obligations

providedby any surety agreement andlor any

other agreement or contract entered

goroBopoM nOpyLlHTeflbCTBa H) Kilil HHbIMH

r

ROrOBOJJ~MM

M
Me>Kny KpenwropoM H
nopyMWreJleM, s cny4ae 3aKJuoqeHM5A
norosopa nopyqnTenbcTBa;

aaIaIoqeHnbtMM

5.3.11.

5.3.11.

npH HeHcnonHeHHM HJTM senaanea(aweM
McnonHeHIlw
3asloroaateneM
yc.noBwil
.aoroBopa 3aKnanaJ3aiIorWMnoTexs si MflM
MHhIX

5.3.12.

.aoroaopon

14

mto

between the Lender and the surety if such
surety arising b entered into;

cOr.naweHH~1,

The Pledgor has fai]ed to perform or has
improperly performed the terms and
conditions of any pledgeicharge/mortgage
and/or any other agreement or contract
entered kilo between the Lender and the
Pledgor or a bas or deterioration of the
security
has occurred if any such
pledge/charge agreement is entered into;

~a~n~oqesHbrx Mex(ay Kpe~irropoM FI
3aJ1oro~aTeneM snH B cny~ae yTpar61 4n14
yxynmesw$l Kaa4ecTBa o5ecneqeHFl5l B
cny~ae
~
nor080pa
3aKna1ta/3anora;
HecooTBeTcTBMs
npeuocTaaneHHoro
3aeMuzwKoM
F]sBeuieHwt
oA'
McnoJlb3OBBHHH
BbInnaTsI
~opMe,
yIca3aaHofi
B
flpMno~eHMM Ht I
K

5.3.12.

The
Disbursement Utilization Notice
submitted by the Borrower is not in
compliance with the form provided by Annex
I to the Agreement;

5.3.13.

No &ee resource in the Currency of the
Agreement is avaA-lable to die Lender;
The security, if any, has been Iost or
impaired or an event bas occurred or is hkely
to occur resulting to a Joss andior
deterioration
of
the
security
p]edged/charged/mortgaged to the Lender
pursuant to the Agreement;

~oronopy;
5.3.13.
5.3.14.

4)
5.4.

oTcyTCTBFL~

y

Kpernnopa

CB0AORHEIX

pecypcoB s Baniore ~orosopa;
B cny~iae yTpaTbl FIJIH yXyAUJeHH~ KaqeCTBa
o6ecneqespei nw6o n cnytlae HacTynneHI4s
MI IdflH
BO3MO)KHOCTH
HacTynnewHs
coA'bITMti,
nneKyWHx
yTpaA(r)y
W FIflIS

yxy.ameHMe
Icaqecrea
oGeCfleqeHE&fl,
nepe1zaHHoro
Kpe~wTopy
B
3a.nor/3aKnanIwnoTeKy f30 flOr0B0p3~ B
cny~ae KaJ3FflHSt o6ecneqeHM5I.
3aeMuisr He w.ieeT npano FIcnOSTb3OBaTb AKpern~T, a
Kpewirop xMeeT npa~o se npe~ocTaBnaTb KpeitMT
sa cneAyiollfi4e ueJlw:
o norameRMe ccyzxso~3 3aAOJ1H(eHH0CTH, npoLieHTOB H
FIRbIX o6~saTenbcTB 3aeMatska nepen Kpern1TOpoM
no )jorosopy H FIHbIM 1IQrOBOp~M, 3aKJIIOqeHFIMM
Me?!cuy Cropouawt a TaloKe Me)Kay 3aeMuaHKoM FI

G

5.3.14.

5.4.

The Borrower shah not have the right flot use and the
Lender shah! have the right not to dosburse the Loan
for the following purposes:
G Repayment of a principie or payment of interest or
any other Iiability of the Borrower to the Lender
under the Agreement or any other agreement or
contact entered into between the Parties or between
the Borrower and a third party banks or any other
financial institution;
o Granting of any ban to or repayment of any ban
received from any third party;
aC/ Purchase and retirement of issue-grade securities and
notes;
o Contribution to the charter capita] of any lega] entity;
aC/ Payment against paynient documents on any grounds
other than as provided by clause 2.2 of this
Agreement.

5.5.

The repayment of the principal of the Loan shah] be
made in a lump sum on the Final Loan Repayment
Date.
The Borrower may prepay the entire Loan or part
thereofat any time during the term of Ibis Agreement.
In the event of prepayment of the Loan in full, the
Borrower shal] pay the Lender the Tnterest accrued up
to the date of the full prepayment of the Loan
inclusive.

cTOpOHHHMM O6cny)KUBaIOWBMH AaHKaMFI FIJIM
HHbTMFI Kpe.UMTHbfMH opraHW3aLtH5fMFJ;
~ 3aFIM0B
TAeTSMM
nHuaM
H

norame~we 3aMMoB weTbHX nnu;

Io

F!

noraujeRne

3MHCCMOHHSIX

o

npllo6peresFle

G

LtCHHSIX A'yMar FI netccene~i;
ocyuiecrBnesHe Bno)iceHni~ B ycraasble KannTanw

G

OnflaTy

IopIlAFflIecKMX JIHU;

(s.s.
5.6.

5.7.

6.].

6.2.

flfl~TC)I(KbIX

~o~cy~e~Ton

no

HHbIM

ocHoBasFIsM,
He
~
n. 2.2
4~orosopa.
floraweRMe Kpegwra npDHBBOAFITCSI eAMHoBpeMeHNO
s ~a~y oFcoHa-]aTenbnoro noramenHa Kpe.anTa.
3aeMuwI< FIMeCT npaso Ha ilocpo4nOe norawelixe
scero KpernsTa FUIR ero LIaCTI4 B nepno1t JteflCTBHSf
J~oronopa B rno6oe BpeMsl.
B cnyaiae nonHoro AocpoMHorO noraweMnE KpeDHTa
3aeMwaK o6aayeTca nbInnaTwTb KpenwTopy B APSlaTy
nonHoro
J.tocpo9Horo
norawe~i~s
KpenMTa
flpouesThl,
HatIIlcJleHHbIe
nO
aaTy
[IOJIHOPO
nocpo~Horo norawesHa KpenHTa BIcnIoaiFrrenbHo.
florauiess~ie C~MMbI KpejtwTa se MoryT A'brrb BHOBb
Hcnonb3osasbl 3aeMu.twKoM.

CTATbSA 6. UPOLjEHTM
B J~aTy ynflaTbl npotIeHTOB SaeMu.wK ynna~HBaeT
KpeawTopy flpottesTsl
3a cooTseTcTayfouwti
flpouenrH5IM nepwoil.
flpoueHTb[ 3a nonbsosasne Kpew4ToM saqscnrnoTc~

5.6.

5.7.

No portion ofthe Loan prepaid may be reborrowed by
the Borrower.

ARTICLE 6. TNTEREST
6.]. On the Interest Payment Date, the Borrower shaH pay the
Interest for the relevant Interest Period.
6.2. Payment for the use of the Loan shaH accrue at the

6.3.

no flpoueHTI-rnM craBRe 6,00% (WecTs npOLteHTOB)
COA0BbLX
Ha
Bentf4HHy
tj~aI(TH1eCKO1~
sanonx<e~~ocrn no KpeJnfTy.
flepabri~ f1poueHTHb~M flepHon H~4HHB~TC5~ C ~aTbJ,
Cnejtysowe~ sa ,L~aToii HcnonbsonaHas nepaoM
BstnnaTbI,
H
saKal49MBaeTca
15.12.2014r.
(aRnioM HTeJIbHo).
Ka14cLtbI ~
nocnenyiouu4~
flpOueHTHbltl
nepaon
HaqHaaerCA>>
C
JtaTbI,
cnenyFouaeii sa naTol~ oKoHNaHHs npegblnyulero
flpoaewrworo nepuOga, w saxaHa4HBaeTCsl 15 LiHCna
nocnenHero

6.4.

I

6.5.

6.6.

MeCsltja

xa)Kaoro

Ka.neFsnapF{oro

IceapTa.na
(BRnlo~HTenbHo).
flodnenHHil
flpoueHTHstti
nepi~wt oIASSaHaulBaeTcR B
okowlaTesibHoro
noratuetrnB
KpeAwra
(nKnIoMHTenbHo).
flpoueHrbl sa noJn.1sosaFrHe lKpeLulToM HaqHCESUOTcR
KpASSnHTopoM
Ha
CyMMy
43aKTktHecKofl
3~fiOfl)KCHHOCTH
3aeMtw4Ka
no
KpeuiHTy,
owa~ceHHO~ Ha CcyiwoM c4ere, 14 paccMHTblBaIoTcn
HCXOflR H3 taKTHNecKorO xonn~ecTsa KaneHlxapHsIx
nHe~ n rony (365 Hflf4 366 nHe~) sa ne~cTBMTenbNoe
KonllNecno
xaneHnapHbIx
jiHe~l
flOflb3OBaHl4S
KpenwroM.
84e nosnHee, ~ sa S (flsirb) FCaIIeHJXapHSTX j1uefl no
~acTynneHMs J~arbI ynnavbl flponeHroa, KpeflMTop
wsBecTldT 3aeMuIwIa O CyMMC Haa4HcnenHblx
flpouenToa, noniie>KaW~X yrnlaTe. BbInHcKa ~O
CcynHoMy ~~ery 6y.aeT csTy)xHn ocHonaHI4eM JU151
pac~eTa CyMM flpoueuTon, nowle)RawHx ynuiare B
J~ary
ynftatbi
flpoI.~eHroB.
Hecoo6tueflHe
KpenPrropoM 3aeMuniRy cBe.aeHHfl o HaqncnenHbIx
f!poueHrax Fie ocno6o14cnaeT nocEejrnero Or
orBeTcTBeHHocTw sa npocpoMRy nJlaTe)Ka.
8 J~aTy oI<oHalatenbHoro norauIeHHE Kpewn~a HEM
11Hy10 LIaTy B cooTBeTcTBnH c fin. 5.6 M 9.2 L(oroBopa
3aeMuwx yiLna4HBaeT flpottewrbl, HaMHCEeHHEIe no
J~ary
oFcoHalaTenbHoro
noraujeHan
KpenHTa
(BKnto4nTenbHo).

CTATbSI 7. HAJIoru, PACXOJJ~bI 14 T1POa-IEE
7.a.

4,

Bce nnaTe)Ka (byab w ICpenwr, flpoueHTbl,
K0MHCCHS sa OTK~blTH~ ceynHoro eqeTa [4)114 IcaFiHe
nii6o [lHbIe), Koropwe ~ornioar 6bJTb npo~t3sene~isI
3aeMu.txKoM B HOEb5~ KpenHA(r)opa no )~oronopy,
SyAyr cnenaHbl 6es gaKoro-n146o sa~era HEH
npenbsIBneHns BcTpe~Horo TpeA'OBaHH3l, 6es u~r~eTa
Kag34x-.nHSo Hanoron, cA'opoB, UOWES4H, paCxO.AOB
14)114 HHb[X y)1CpWaHHM.

CTATbfi 8. HP0qHE O6SI3ATEJIbCTBA
8.!.

8.2.

/

He nosn~ee J~arsi ucnoJlhsonaHlln nepso~i Bb!nnaTsI
3aeMwHK ynna9HBaeT fCpe.awropy KOMHCCMFO sa
OTKphITHe CcynHoro cqeTa B pas~epe 141 000,00
(CT0 copoic OLIHH T5ICflMB 00/1 00) enpo.
,L~o ~ex nop, noxa Kpenwr OCT~CTCS HenOraWeHFiblM,
3aeMwwK
npHHHMaeT
Ha
ce6n
c.nenymarne
aononHwrenbHbte
o6nsaTenscTna
nepen
KpenwropoM:
8.2.1. B cnyqae Hacl-ynneHnn [4)151 Helis6e*HOCTH
HacrynneHas
Cny~an(-en)
nocpo4Horo
HcTpe6oBaHMs HesaMeJtflHTenbHo nsnewars
Kpegwropa o6 3TOM H O )1e~iCTBaax, ecnu
TaKoBbTe A'ynyT HMeTb Mecro, RoTophie
3aeMwMx npegnpflMeT gnst ycTpaweHMsl
cjiyajaen ~ocpoqHoro HcTpe6oBaHaa;

tnterest Rate of six per cent (6.00%) per annum on
the amount remaining due on the Loan.

6.3. The first Interest Period starts from the date following
the first Disbursement ljtilization Date and ends
15.12.2014 (inclusive). Each of the subsequent Interest
Period shaH start on the date following the preceding
Interest Period end date and shah end on the I 5-th day
of the last month of each calendar quarter (inclusive).
The hast Interest Period shaH end on the Final Loan
Repayrnent Date (inclusive).

6.4. The interest for tIse use of tIse Loan shah) be charged by
the Leader on the amount remaining due from tIse
Borrower on tIse Loaa shown on tise Loan Account and
shah) be calculated using the actual number of cahendar
days in the year (365 or 366) for the actual number of
calendar days ofthe use ofthe Loan.
6.5.The Leader shall, at least five (5) calendar days before tise
lnterest Payment Date, notify the Borrower ofthe Interest
amount payable. A statement of tIse Loan Accourit shail
serve a ground for calculation of tIse Interest payable on
tIse Jnterest Payment Date. Faihure by tIse Lender to noti~a
tIse Borrower of tIse Interest calculated shah not relieve
tIse Borrower from liability fora delay ofpayment.

6.6.On tise Final Loan Repaynsent Date or any other date
pursuant to clauses 5.6 and 9.2 of this Agreement, tIse
Borrower shall pay the Interest accrued as of tIse Final
Loan Repayment Date inclusive.

ARTICLE 7. TAXES, EXPENSES, ETC.
7.1. AIl payments (whether the principal of tIse Loan, Interest,
ban account opening fee or otherwise) to be made by the
Borrower to tIse Lender under this Agreement shall be
made without any set-off or counter-claim and without
deduction of any tax, fee, duty, expense or any other
withholding.

ARTICLE 8. OTHER OBLIGATIONS
8.1, TIse Borrower shall, on or before the first Disbursement
Utilization Date, pay to the Leader a Loan Account
opening fee in the amount of mie hundred forty one
thousanci euro (a!141, 000.00).

8.2. As long as tIse Loan rensains outstanding the Borrower
shall assume tIse following additional obligations to tIse
Lender:
8.2.1.

In tIse event that tIse Acceleration Event
occurs or is likely to occur, imrnediately
notify tIse Lender of such eveat and steps, if
any, to be taken by tise Borrower to cure such
event;

8.2.2.

Aa

npeflocTaBJlwr~ nO nepaaMy We60Ba1~fo
KpewlTopa, B CpOI 14e nosnHee 5 (Fln~t)
PaA'aqnx
flHefl
nocjie
narIy9eHwl
cooTBeTcTsyFouIero
3anpOca,
KOnHH
~rnHaHconbIx
oTqeToB.
nepHoflwlecFcIl
cocTaBilsIeMbIx 3aeMatl4KoM oTHocwrensao
cocTonHlln etc fleE
H
c~HHaHcOBOrO
nono,iceHn,A-, B TaloiASSe J1106y10 flpyryla
l4Ir4~OpMaurno,
Kacalomyloca
xoBgMcTBeHHoAi,
OpPaHJ43aUHOHHO
K
H~BecrwuwoHHo~ newrenbHocTH 3aeMwxKa,
14/HflH cBM3aHHylo C I4cnonHeHHeM etc
oGnBaTenbcn no ,E~orosopy;
8.2.3. npeflcA(r)aanwra KpennTopy 6yxra~9TepcKyfO
0T4CTHOcT6 SaeMmnKa a/mrn nopyarnTen~ (B
cJIyllae etc Hanw.tHs) &nnis sanorojtaTeflsl (B
cny~ae etc Hajunan), excera2tHO ~ie no3nwee
01 anrycTa rafla, cne~yIoLuero na OTqeTHbIM.
byxranTepcr<an oTqeTHacTb npeztcTaan5leTcM
C
oTMeTKofl
pyKoBow4Tens
o
eA"
nocTosepHocnl BM~CT~ C padurnE~poBxaMH
OTUeflbHbIX craTet4 Ea.naHca, B TOM qHcne:
.uebwropcKafl
3a~ornfASSeHHOcTH,
KpernsropcKofl
saAo.IusASSeHHOcTI4,
KpaTKOCpO9HblX (~ ktHaHcoBbsx BflO)KeKKa,
HHaHcOBbIX nfloXKeHHti,
flonrocpo4nblx
fcpenHToB
K
nOny9eHHbIX
saMMoB.
OTHCTH0c1ab H pacWH4~poBKH )tOfl)KHM 6h1Tb
nepeflaHbl KpetHTopy B OpHrt4I-laE~ H
HoTapwa.nbno 3aBepeHHoM rlepeBoae.
8.2.4. npeflCTaBiI5ATb cnpaaKH O TexyIuefl ccy,ano~i
~a~on)~eFmocTH
3ae,~iuwxa
B
~pyrwx
6aHKax,
naBepeanhie
6aHKaMMKpe1IllTOpaMI4, n cnpasKw oA' o6oporax no
cqeTaM, OTKpbITbIM B .&~~tH X 6aHKax,
naBepeHHble A'aHKaMl4, B 1(OTO~MX oTIASSpbITbI
cqeara 3aeMutuKa, B Te4eBH~ 10 (J~ecaTK)
Pa6aNnx nHefl C )1~Tbt nonyMeHWI nanpoca
Kpegwropa;
8.2.5. HenaMennnTenbHo, HO H~ nonw-Iee 2 (~syx)
Pa6oMHx flHei~ C APSt~Tbt BonHrnASSHoBeHHR
o6cTowresIbcTB,
naTpynHaIoLuux
HcnonweHHe 3aeMtgHKoM KaKOrO-JInSO 143
etc obgnaTenbcTB no RoroBopy [1/ 1451M
HHSIM
noronopaM
5151M
cornauJeHusM,
naRjooqeHabiM
MeM~,ay
CTopoHaMH,
IlnBewaTb KpewiTOpa O BO3HI4KNOBCHI4II
TaKHx O6CT0STe.nbcTB;
8.2.6.1 .naKsnoNaTs C TpeTSHMI4 nnuaMH KpeAIITHSIe
JIoroBophi, ,~orOnopbI nailMa, Jtoronopbl
3aslora (B TOM ~Hcfle noCsienyloWetO
naiiora);
pacnpefleflslTb
nony~eHHL1~i
qijCt&iii 510X051 flpIl HaRFPIHH npocpo~enHoM
3a51OJVKeHHOCTM no HacToHuJeMy ~orOBopy;
npenocrannaTb rapaHTKll, nOpya4HTCJIbCTBa
no
npeflnapHTeiA-bHoMy
nwcbMeIIHoMy
yBenoMneHPno 1{peltnrOpa, cocraBneHHoro
Ha pyCCKOM H Ha aHrnI1McIcoM a3bllcSX w
HanpaBJleHHOrO B aapec KpenMTopa na 5
(fIsTb) pa6OtlH)1 JIHeil no cOBepLlJeHMn
BbluleyIASSananHblx
CLICJT0K/CO6SITIIH
noCpeACTBoM 4JaKCHMHflbHO~i CR51314 C
OItHOBpeMCHHSIM H~fl~BBHCHH~M opllr]4Hana
ysenoMneHaB
nOcpeflcTBOM
nO4TOBO~i
CR51314;

8.2.2..Provide upon demand cf the Leader within five
(5) Business Days after the relevant request,
copies of Iatest available financial statements
prepared by the Borrower from time ta time

with respect ta

its affairs and financial

condition and- any other information related to
the operations, organizationa] and investment
activities cf the Borrower and/or information
related ta the performance of its obligations
hereunder;

8.2.3.

Provide the Lender with the accounts cf the
Borrower and/or surety (if any ) and/or
Pledgor (if any) on a yearly basis on or before
01 August cf the year following the reporting
one. The accounts submitted shah be the
accounts certified by the manager as true and
shall contain details on selected items of the
Balance
Sheet,
including:
accounts
receivable, accaunts payable, shart-term
financia] investments, ]ong-term financial
investments, bans obtained and advances.
The original reporting and notes shabl be
delivered ta the Lender along with their
notarized translation.

8.2.4,

Pravide statements cf current ban debt cf the
Borrower ta other banks and statements cf
accounts opened with other banks certifA-ed by
the banks with which the accounts are opened
within ten (10) Business Days cf the request
by the Lender;

8,2.5.

lmmediately, but A-n any case within twa (2)
Business Days of the date cf occurrence of
circumstances obstructing the performance by
the Borrower af any cf its obligations
hereunder andlor any other agreement or
contact entered inta between the Parties,
noti~a the Lender cf the occurrence cf such
circumstances;

8.2.6.1. te conclude with third parties credit
agreements, ban agreements, pledge
agreements (including subsequent
pledge); allocate the resulting net
income
in
the
presence
of
indebtedness under this Agreement;
ta provide guarantees, warranties
prier written notice of the Creditor,
written in Russian and English and
addressed to the Leader within Five
(5) business days prier te the above

transactionslevents by facsirnibe with
simultaneaus submission cf the
original notice by mail;

8.2.6.2. noti~a
the
Lender about the
encumbranCe of its assets (fixed
assets apd other assets), current and
future incorne; alienation to third

8.2.6.2. yBefloMJ1~Tb KpeflI4TOpa o6 oA'peMenelmH
CBOPJX aKTHB0B (ocHoBHblX cpencra H MHOEO
xMyu.tecTna),

HacTontUHx

M

6ygytnMX

goxo~os; o6 oT9yKneHHH rpeTbHM .nHuaM

parties fixed assets (real estate and
equipment)
in
whatever form,
including, but flot limited to: the
introduction of property, property
rights, funds in the authorized
(share) capital of newly established

OcH0BHbIX
cpeitCTB
(HeRBwKMMOrO
NMytuecTna 4 o6opynOBaHM~) B KaKo~3 6b1 TO
KM
6bJn0
cpopMe,
BxnFoqas, Ko Ne

orpaHi1MHBanCb

t

8.2.7.

~~ecewpIeM

wMyutecTBa,

MMyLttecTBeI4Hbrx npaa, UeHe)KKSIX cpeAcro
B
ycTaBHblfi
(cRnanO4Hb!~l)
KanHTan
coaj~aBaeMbIx IopaflPP4eCK~4X ~ wnH B
onnaA(r)y ~a npMo6peTaeMHe aKUHH Hill! ~ornO
B ~CT~BHOM xanHTane FopanHsecKoro .riuua;
O
EHeceMMil
M3MeHeHM~t
B
CBOH
y9penHtenbsble ZtOKyM~HTbt B TeHeHkle 5
(flwrM pa6oMHx) ~uiei1 e Aarb! coBepWeHHSl
yKa3BHHbIX
.ue~CTBHW
flpM
flOM
yoejtoMneHMe ZtOn)KHO 6bvrb cocTaaneHo Ha
pyecKoM
M
aHrSIHAaCKOM
5I3bIKax
M
HanpasneHo nocpefleTaOM 4aKcHMHl1LHO~
CB$1311 C oaHoBpeMeHHs!M HaflpaBJleHJdeM
OpMrHHa.fla
yBe~oM.neHMfi
OOCpC11CTBOM
flO9TOBO~l cBilsM;
3aeMautIc
o6s3yeTc~
npeJtOCTaBMTb
no2rrflep)lcAeHMe neJieBoro Mcnonb3oeaHHii
ICpe~MTa B Tea4eHfle ojworo IcaneH1lapHoro
~ecsua C ~ cne~tyiotttei1 sa flaToA
nonHoro McnonssoBaHnE KpetMTa:
- oTqeT, noflroTOBneHHbIii M no1tnMcaHHbl~i
o4A>>luManbHbiM
neraJlK3OBaHHbIM
HeSaBHcHMMM
ayflHTOpOM,
noltTaep)KaaloLur4M,
MTO
KpeAMT
cornaci-lo
ycn0BM~M

Legal entities or in the payment for
the acquired shares or share in the
Charter capital of the legal entity;
amending
in
its
constituent
documents within 5 (Five working
days from the date of occurrence of
the specified actions When this
notice shah be written in Russian
and English and sent by facsimile
with simultaneous submission of the
original notice by mail;

8.2.7.

Report prepared and signed by an
independent certifled auditor evidencing that
the Loan is used pursuant to the tenus and
conditions of this Agreement. The original
Report shaH be delivered to the Lender along
with its notarized translation;

Roronopa. OT4er .LtOrnKeFi 6blTs flepe2la[4
lCpegwropy B OpHrMH&I1~ M B HoTapuansHo
sasepefuloM nepenoile;
KOUMH
HaHne,ICaWHM
o6pasOM
sasepeHHblx
BbInHCOR
npOHsBefleHHbiX
onnaT C paeMeTHorO(-bIx)/ TeKywero(-Hx)
eqera(-oa) 3aeMtuMKa n npyrMx 6anKax
oTHocHTenbno McnOrn,soBaHw! tcpejuITHblx
CpeflCTB
(Kpe~HTa,
nonyHeHaoro
3aeMun4KoM B paMKaX J~oroBopa).

9.1. Cnyna~ aocpol*ioro HcTpe6oBaHaa HacTyna!OT

fl~JH
HH)Ke

BosHHIcHoBeHnM o~HorO Hill! HeCKOJIbKHX
nepe4HcneHHux O6CTOflTWIBCTB
9.1.1.
ceint 3aCMUtMK npocpoHHn nnaTe)K B ywiary
flpo~&eHTOB no J~oronopy M/HnH no HHSIM
itoroBopaM,
saKnFotleHIb!M
Me)KLty
KpewttopeiM -i 3ae~iuuii<oM, A'onee qeM Ha

3 (Tpi) Pa6oqic< mu!;

9.1.3.

Copies of duly certified statements of
settlement I cuitent aceount(s) of the
Borrower with other banks to show expenses
paid out from such account(s) regarding the
use of credit funds (reflecting 1mw the
Borroweras fA1nds (the Loan received by the
Borrower under the Agreement) were applied.

ARTICLE 9. ACCELERATION EVENT

CTATbSI 9. CJIYMAII flocPo4J-lorO
I1CTPEBOBAHFLH

9.1.2.

The Borrower shail provide evidence of the
application ofthe Loan as intended within one
calendar month from the date following the
date ofthe full utilization ofthe Loan.

Mini
ecini
3aeMuwK
i-ie
HCROJTHMT
IcaKoe
HeHawAencauIHM o6pasoM HCflOJ1HMT
JIM6o O6R3aTeS!bCTBO no ,flOrOBOpy MI M.OM
HHMM APSiOrOBOp~M, saEuA!oqeHHsIM Me)KJly
KpemiTopoM H 3aeMuu4KoM;
ceint siio6oe M3 3a5!BneHH~3 H 3aBePeHMM
3aeMuiMxa cTaHoBMTc~ Henei~cTBHTenbHsIM,
TepaiouuM cxny MflH HHSIM cnOCO6OM
orpaHx~eHHbIM
B
Ae~CTBMH
B
TaKoil
creneHu,
qTo
Mo)!cer
-!e6naronpHsrFlo

9.1. The Acceleration Event occurs if any of the following
circumstanCes arises:
9.1.1.

9.1.2.

91.3.

The Borrower is late with payment of Interest
under the Agreement and/or any other
agreement entered into between the Lender
and the Borrower for more than three (3)
Business Days;
The Borrower has failed to perform or
improper performed any of its obligations
hereunder or under any other agreement
entered into between the Lender and the

Borrower;
Any of the representations and watranties of
the Borrower becomes unlawful, invalid
otherwise restricted w the extent having an
adverse effect on the abihity of the Borrower
to repay the Loan, provided the Borrower

HocTbsae~1~wKa

9.1.4.

9.1.5.

9.1.6.

9.1.7.

noracllTb Kpe~wr, HEM ecEM 3aeMwMl( iie
w3aecTan Kpenropa o rnoA'oM I4SMeHeHI4M B
ero ~a~~~neHw.nx M naBepeHMflX;
B cny~ae, ecnn B oTHouaeHMn 3aeMuIHKa
flysieT
nsineceno cysieA'noe peIueI-{He.
koaropoe, no MHel000 KpernaTopa, MoxceT
oica3arb cyfltecTBeHHO~ He6siaronpwsTnoe
no3ueflcTalle
na
~eflTeJ1bHOcTI,
HEM
~314HaHcoBoe noEOXceHl4C 3aeMuIHIca 1411M Ha
ero cnocoflHocTb ncnon HMT1, o6a3aTeEbcTBa
no ~oroaopy HI 143114 MHbIM noroaopaM HEM
corEaWeHHSlM,
3~~cniOqeHHbTM
Me)KR~
CTopoHaMl4;
ecriM oTRaHo pacnopsHcenfle ~nM npl1HWra
pe3oEFow4S, MEH npHnsrrbl aHanorMMHbte
fleAtcTBH5I ~JIS EagaanauMa 3aeMwltIca, HEM
ecEl4 npoH3O~AteT njo6oe coGbtTMe, icoropoe
no sakol-laM pocc14Atc1co~ eeAepauaM bysteT
HMeTb aI.taJlormfloe fle~tcTB14e, HEM ecni~
3aeM[srnK
npelcparNT
ocymedTBJlSlTb
AvHancono~xo3$THcTBeHHYbo flewreEbHoCTb
ecnH HacTynaer oJIHO 113 cneAyFOUIMX
co6blTHtt
B oTnoLueHrna 31106014 3aJtoE)IceHHOcTM
3aeMuntlca
KaICMM-31HflO
I<peitHTOpOM
npesrbs1BE~eTc~ Tpe6oaamle o gocpoaIH0M
norawenwM Taxo~t saAosnIceHHocTH
HEM
<aKo~i-nh4Go
KpenwTop
3aeMawRa
nonya1aeT
npaso
O&5SBHTE
nioA'yto
3anon)KeHnocTb 3aeMulMKa nonne)gauleA
Aocpo9HOMY norattIeHH~O
ecnn
KpewiTop
6yaeT
pacnOilaraTb
flocToaepwow
Jt0KyMeHTaJISH0
nonraep)KAeHH0M
p1H~0pMaUl1eH
O
HacrynsieHIIn CO~bITNn, KoTophie MoryT
cywecrneHHo
yxy.alflHTb
cJ)HHaHcoBoe
cocToanne 3aeMtullKa;

ecnw 3aeMwHK ne asInOnHHT KaIoIe-sIHA'O
ycnoaHsT,
orouopenwsle
B
CTtrbC 8
Jjoroaopa, B yCTaHOBfleHHMe J~orOBOpOM
cpOkM;
9.1.9.
no
o6ocHoaaln4OMy
nncbMeHnoMy
rpe6osaaulo KpeW4TOPa
9.1.10. a cnya~ae cywecTBeHHOrO yxyJUlleHHE
cA>>lHaHcoaoro noEO)KCHHY{ 3aeMmnKa, B TOM

representations and warranties;

9.1.4.

Any judgment bas been entered by the court
against the Borrower which, in the Lenders
opinion, is ]ikely to have an adverse effect on
the operations or finances 0f the Borrower or
its ability to perform its obligations under the
Agreement or under any other agreement or
contract entered into between the Parties;

9.1.5.

An order bas been issued or a resolution bas
been adopted or any similar step has been
taken to liquidate the Borrower or aily event
bas occur which pursuant to the laws of the
Russian Federation have a similar effect or
the Borrower cease to conduct its financial
activities and operations;

9.1.6.

One of the following events bas occuned:
With respect to kny debt of the Borrower,
any tender bas raised a daim seeking to repay
such debt before the schedule;
or
Any lender of the Borrower becomes
entitled to declare any debt of the Borrower as
subject to prepayment
-

9.1.7.

The Lender has a reliable and documented
information on the occurrence of any event
likely to materially impair the financial
condition of the Borrower;

9.1.8.

The Borrower bas failed to comply with ah>a
term or condition specifled in article 8 of this
Agreement
within
the
time
periods
determined by the Agreement;

9.1.8.

q~cne npH ao3HH~HoBe~a~ npocpO9eHHOlk
3astosl,KeHHocrH nepelt WeTSHMH nauaME4;

9.1 . Il.

a

cny4ae aoarnll(noaeHHM

OSCTOStTeESCTB,

cnoco6i-aix 3aTpynHMTb npeHMytILecTBeHHOe
yAoBneTaopeHHe Tpe6oBaHMi~ KpeEl1TOpa ~o
~oroaopy M) HEM MHbtM ~oro~opaM HEM
cornaluenlASSlM
3alcrnoqeHHsIM
Me)Kay
CTopoHaMH;
9.1.12. n cnyarne uo36ytcReHM5! B oTHouseHMw
3aeMautKa npouenypbl 6aHKporcTna;
9.1.13. n cnyalae yTpant HEM yxynmennfi KaatecTBa
o6ecneqeHMsl 311460 8 cEyalae HacTynEeHHS
H) MEIat
Bo3Mo)EHOCTM
HacTynEeHHE
co6blTni~,
anerynuiX
yTpaTy
& HE1~
yxyumenwe
[(aqecTna
o6ecnea~eH14fl,
nepesiaMnOro
Kpew4Topy
B
3anor/laKJTa.a/HnoTeMY
B
gorono
3aKE~MeHws
cEyqaca

9.1.9.

Pursuant to a reasonable written demand b>a
the Lender;
9.1.10. The financia] condition of the Borrower has
significarit deteriorated, including due w a
past due debt to any third party;
9.1.11. Any event bas occurred which is likely to
prevent the first priority daims of the Leader
under the Agreement or any other agreement
or contract entered into between the Parties
from being satisfied;
9.I.12.

Bankruptcy proceedings have been initiated
against the Borrower;
9.1.13. The security bas been lost or impaired or an
event bas occurred or is Iikely to occur
resulting to a ioss and/or deterioration of the
security pledged/charged/m0rtga~~ to the
Lender
if
a
pledge/charge/mortgage
agreement is entered into pursuant to the
Agreement;

3aK,nanaJ3aJToralnnolael<H no ,UOrOBOpY;
ecnn nopy4wrens He BSIUOJIHKT HEM
HeHanne*auHM o6pa3oM HCflOJ1HMT A<<aKOC
nw6o
o653aarenscTBO
rio
noronOpy
nopy~MTenscTBa B cnyalae SaKSIIO4CHMS
Aor000pa nopya~ wrenbcTna;
9.I.15. ecnw 3anoronaTesib He BSIn0EHHT 1411M
HeHaane)KaUIHM oSpa3OM iicnojnalvrr KaKoe
no
nor080py
nnA'o
o6a3aTenbCTBO
B
CJl~a4~~
3agnanaJ3an o ram flOTC K n
noroBoPa
3 a Kil 10 aj e H IIB
3aIcnaAa!3aJIo ra~ H nOTeR n;
3aeMuuiKoM
9.1.16. B cilyMae nenpeaocTasneHaa
c.nyNae
cr0
M/nnvl 3asIorozLaTeneM (s
wanw{IIB) &MEH nopy4llareJleM (n cnya4ae ero
HaJIIINMSI) 6yXraJlTepcR0~ OT~4eTHOCTH B
cpoic, yKa3BHHS)M B nyliRTe 8.2.3. goronopa.
npn HacTynsleHnw QaHoro 14)114 HecKoJIbfdHX Cny~aeB
flocpO4HOro ncTpeGoBaHHi{, nepe~HCJIeHHblX s n. 9.]
~oroBopa, KpegaTop l1MeeT npano nMcEMeHHEIM
pl3BeweHneM 3aeMumKy o6aSBBHTS ajacTs JIH60 BCIO
cyMMy
KpeW4Ta
Cpoa4HOl~
n
noAu1e)Kamet~
HCMeAEeHH0My nocpo~HoMy norauleHHIO, nocile
qero owa cTaHoBwTcfl TakoBoil H nowle2KMT ynnaTe
BM~CTC
C
HaqncneKHblMw
tIpoueHTaMH
H
HeycToilxaMM s TeHeH~e 5 (flwrM) Pa6o~ax iwet~ C

9.1.14. The Surety has failed to perform or
improperly performed any of its obligations
under the Surety Agreement if the surety
agreement is in place;
9.I.15. The Pledgor has failed b perform or has
improperly performed any of its obligations
under a pjedge/charge/m0!atgage agreement if
such pledge/charge/mortgage agreement is
entered into;

9.1.14.

9.2.

a

LtaTM nofly4eHI4fl T3KOPO n3BetueHwL
cpog H~ ycraHoanen B H3Bemern4M.

9.3.

9.4.

9.1.16. The Borrower and/or the pledgor (if any)
and!or the surety (if any) have failed w
subrnit their respective accounts within the
period specified in 8.2.3 ofthe Agreement.

9.2.

otherwise provided in die notice.

ecnn 14H0i1

8

9.3.

cnyaiae
ec.na
Kpe~nTop
o6a~sBHT,
tITO
SaAOJnKeHHOCTb AOfl>KHa Gsrrs itocpo~HO noralflena,
3aeMuu4I< o6sI3aH BO3MCCTHTb Kpe~l4TOpY oce
4aKTKNecKM ROHeCeHHble y6bITlcH H pacXOJIbI,
cna3aHnble C LtoCpo4BblM wcTpe6onaHneM1 npM
yciloBl4M MX ~LotcyMeHTa.nbHoro no)tTBepxc.aeHwI.
KpemlTop npeJwTaBllT 3aeMWHKY o6ocHoaaHFaI~i
pac4eT cyMM Taxxx )16b1TK08 14 pacxoitOfl C
npMfIo)KeHHeM noJrrBep)KLiaiOuJ.Hx LtOKyMeHTOB.
9.4.
Kpeaxrop iiMeeT npano noTpeA'oBaTb OT 3aeMulHKa
npenocTanhlTs APSwnonHHTenbaoe oA'ecneqem4e ero
o6g3aTenscTB no ,~oroaopy B ciiyalae yMeKSEUeHMR B
nepHon fl~iiCTBM51 ~orosopa 3anorosoii CTOHMOCTM
npeAMeTa 3anora (B cny4ae ero HaSIPP1HI4) 6onee 9eM
Ha 10% (J~ec~Tb npoueHron), jlifA'O noracl4Tb a4acTb
KpeanTa,
nponopw4oHan bHylO
yMeHbuaef{MIo
CTOI4MOCTH
npeaMeTa
3anora,
B
areqeHMe
30 (Tpsu.utaTM) PaSoaujx JjNeii C laTb] nony~eHHfl
H3Beu~eHl4s ob aaron, ~CTTI4 yMeHbmeHMe CTOI4MOCTH
npejzMeTa saytora BileNer yXy~tLUeKVe ~~~cneqeHHE
nO J~oroBopy.
B
gaqecrBe
nonojTHHTeJIbHOrO
oGeCneMeHHB
no3BpaTa ~eHe>KHblX CpeLtCarB Kpewrropon MOX(CT
GblTb npIlHfiTO CBO6QaHOC OT npwTn3aHI4~i TpeTBHX
JIHU UBH)KHMOC 14f 14)114 HegsmKnMoe klMyUteCTBO
4A>>i3w9eciacoro
H/ HEM
lOpI4AMaleCKOro
ruina,
yiLoB.neTBopsIFoluee tpe600aHHBM KpewlTopa.
,LjonoilHrnaenbnoe o5ecneqeuae so3spaTa JteHe)KI4bIX
cpe.ncTB
npox3Bo.UHTcS
nyTeM
na~ne~~aLui4M o6pa3oM o4rnpMneHHoro goroBopa
3BJ10 rai3aicn agalnn 0T~ K li,
B cnyMae nenpeJloCTaBnet{M51 o6ecne1eHwa B CpOK,
ycTaHoBneHHsI~i B HaCT0SILU~M n3aHRTC, 3aeMu.IHK
oba3as noraciiTb EdO jiii6o qacA(r)s aagorl)KeuHocTH no
)~orooopy.

CTAThM 10. fl~ATE)1Cll H PAC~ETbI

r

In the event that any of or a few Acceleration Events
listed in clause 9.1 of this Agreement occur, the
Lender may by written notice to the Borrower deciare
ail or part of the principal due and irnmediately
payable whereupon h shaH become so and shail be
paid along with lnterest and late payment interest
accrued within five (5) Business Days, unless

In die avent that Lender deciares that the debt is repaid
before die schedule, the Borrower shah indemnify the
Lender ail actual losses and eXpenses reiated to die
acceleration subject to their being documented. The
Lender shah provide die Borrower with reasonabhe
caiculation of such losses and eXpenses with aoy
supporting documents attached.
The Lender may demand from the Borrower additionai
security for its obligations hereunder if the pledge
value of collateral (if any) decreased by more than ten
per cent (10%) or repay part ofthe Loan pro rata tu the
reduction of the value of the collaterai within thirty
(30) Business Days of the date of the notice to such
effect if die decrease of the value of die collateral
resuits in the impairment ofthe seCurity hereunder.

As an additional security for repayment of fu.nds, die
Lender may accept any movable andfor rea] property
of any individual and/or legal entity acceptable to die
Lender free from any encumbrance.
The additional security for repayment of funds shah be
provided by way of entry into a duly executed
pledge/charge/mortgage agreement.
In the event of faiture die provide a seCurity within the
period specified in this clause, the Borrower shall be
required to repay ail or any part of die debt under the
Agreement.

ARTICLE 10. PAYM~IS

loi.

8cc nnaTeNcIl Il pac~eTbl, cBssaRi-cbIe C PICn0J1HCHIICM

10.].

3aeMau4KoM 4 KpewiTopoM cBonx o6a3aTeJlbCTB RO

j

J~orosopy,
J~oronopa.
10.2.

6yLtyT

npON3BOITIITbCS

B

Ba.aroTe

3a ocyulecTBneHRe IcoHBepcHoHHsIx
nepenoaRbix 4 Apyrllx onepaUH~i 6yAyT nswMaTbcsI c
3aeMLuv~<a B coorBeTcrBHn C neOcTByIouulMH
Tapw4~aM11 KpenRTopa.
10.3. Bce nnaTe~icn Gynyr ocyLUeCrBJIBTSCB 3aeMuIHRoM B
nonbsy KpejuiTopa B cneaytouleM nop5LnKe:
aC/ B norameHile Kpenwra a na CcynHsi~1 cqer,
yKa3aHHblfl
B
nHcbMeHHorvl
yBeZL0MJJCHHH
KpennTopa,
c
o6ynaTeJibHbIM
yrcaBaHneM:
A<<Kpenurssin j~oroaop .f~ 04-03-02/14-28 OT
A<<IlA>> ceHTfl6p~l 2014 r., norameane KpeZlHTaA>>;
aC/ B yn~ia~y flpoueHToB a Ha ~ yIcaBaHnsIii B
- rnlcbMeHnoM
yae.aoMneNrn1
KpenwTopa,
C
oOjlBaTesisnbIM
yKasaHHeM
A<<ICpe.ftllTHbTO
aoroaop Jafc 04-03-02/14-28 or A<<11A>> ceuTa6ps~
2014 r., ynsA-ara UpOIICHTOB 3a nepnOJi C
______ 20_r.
no
20
r.A>>;
e
B ynnaTy IcOMRCCHH sa oTlcphrrne Ccynnoro
c~eTa a Ha c~e~
______________
C
o6nsaTenbHbIM
yKa3aHHeM
A<<ICpeJwTHbIfl
floronop
.N~ 04-03-02/14-28
OT
A<<11A>> CeHT~6pH 2014 r., ynsnTa KOMIICCIIR 3B
oTKpbJrIle ceynnoro CMCTBA>>
10.4. flnaA(r)excM
s
no.rIbsy
Kpejmropa
cau1Ta~oTCSl
npoH3BeAeHHblMN o na~ saqHcneHnn cpencro Ha
cooloeTcroyfotane c9eTa, ylcasaunbre B n. 10.3
Roroaopa.
10.5. Ecnw cpox xaxoro-n1160 nnaTe>lca (RaTa ynnaTbl
fipoueHros, flaTa 0K0Ha4aTensHoro noraujenua
KpenHTa) fl~NXO.flHTC3 Ha nary, lcoTopaB Ne nBnsIeTcs
Pa6oMriM
UHeM, TO
C~OK raFcoro
niiare)Jca
nepenocnTcn ~a 6nwica~lmHfl cneay~owirffi Pa6oqntl
KoMwccIlH

neHb.

O6snarenbcrao 3aeMwxica flOP~CJ4Tb Kpenwr 14
HawHcnenHste flpoi.ie~Ts~, a Tagxce rno6ble .apyrlle
cyMMbI, nonnexcanule ynnaTe no ]Joronopy, Ne 6yneT
oA'ycnowneno BbrnonHeHueM icaicoASSi-imA'o Tperbe~i
cropono~i coolIx oA'n3arenbcTs nepeit 3aeMWHK0M no
npyri~~ cornauJeHnsM ii/ 14)114 rcoHTpaxTaM.
10.7. Ecrni 3aeMausx Ne nepenacnseT B ycTaHonnenHblfl
cpolc KafcyIo-nn6o nplla4HTaIOLUY]OC)1 C~MM~ B
norauieniie Kpenwra no J~orosopy, To 3aeMtuHlc no
TpeA'osaHHlo KpejmTopa c itarsl, cne.ayioweii 3B
naTo~i, corna Tallas cyMMa nonnexcur ynnare, no
naTy ce c~a1cT[1a4eclcoro nnaTexca BKnloqHTeflhHO,
GyneT ynna4lloarb UITpA C Heynnaa4eHHo~l CyMMBI B
pa3Mepe cTaolcH, yKasaNNOii B n. 6.2 J~orosopa.
CyMMa wwa4a Gyner paCC~NTaHa IICXO1tM l-13
AKTx4ecxoro con4lqecTsa lcanelUIapKMX nnefl B
rony (365 Hill-1 366 ymefl). llpH 310M ynnara wrpa4rn
ne ocoo6oxcnaer 3aeMuflnca cl ynnarbl flpouenroa.
Ecnn 3aeMutlnc B ycTaHoBneHHbl~i CpOIc ne
ynna~l-1saeT cyMMy flpouenToB, Cc 3aeMwwx 3a
nepioit c JXaTM, cnestyioniefl sa naro0, lcorna ra~as
C~MMB nonne>Kl-IT ynnale, no 1t~T)) ee ~aKTw4ecKoro
nnare>ica Blcntoqldrenbno, A'yneT l1fl~THTb HeycTofllcy
B ~~3MC~C 0,1% (Honb ~~RbIX 011KB necslTaa
npol.telrra) or Reynna~eHH0i~ cyMMhl 3a xascnhlti
neHb npocpo~~ii nnaTe?Ka.
10.8. B
cnyMae
cbpasouawua
npoCpc4eRHO~

10.2.

0.3.

Ail payments related to the performance by Borrower
and the Lender of their respective obligations
hereunder shah be made in the Currency of the
Agreement.
Ail fees for conversion, transfer or other transactions
shaH be charged to..the Borrower according te the fee
schedule ofthe Lender in effect.
AIl payrnents wi]i be made by the Borrower in favor of
the Lender in the foliowing manner:
e
In repayment the Loan a to the Loan Account
specified in the written notice of the Lender
speci~aing: aLoan Agreement No. 04-03-02/1428 as of 11 September 2014, Repayment of the
principala;
aC/ Payment of the lnterest a to the account specified
in a written notice of the Lender specifying aLoan
Agreement No. 04-03-02/14-28 as cf 11
September 2014, Payment cf the interest for the
period
from
~
20.
te
A<< A>>_________ 20_a;
aC/

10.4.

10:5.

Payment of the fee for the opening of the Loan
Account a to account No. _________ with a
reference to aLoan Agreement No. 04-03-02/1428 as cf 11 September 2014, Payment cf fees for
opening cf the ban accounta;

Payment in favor cf the Lender shah be deemed
effected on the date on which the respective funds are
credited to the respective accounts specified in clause
10.3 cf this Agreement.
In the event that the day of any payment (lnterest
Pay4nent Date, Loan Final Repayment Date) faits w a
day *hich is not a Business Day, then such payment
shaH be postpone to the next Business Day.

10.6.

The Borroweras obligation to repay the Loan and any
interest accrued and any other amounts payable
hereunder shaH be conditioned by performance by any
third part)a of its obligations to the Borrower under any
other agreement andJor contact.

10.7.

in the event that the Borrower fails to pay any amount
due in due Urne in the repayment of the Loan
hereunder, then the Borrower shaH upon Creditoras
dernand pay a hate payment fee at a rate specifled in
clause 6.2 hereof from the date fohiowing the date on
which such amount becomes due to its actual payment
date. The amount of the late payment fee shah be
caiculated on the basis cf the actual calendar days in
the year (365 or 366 days). However, no payment of
the late payment fee shaH rehieve the Borrower from
payment cf the Interest.
In the event that be Borrower fails to pay any amount
cf the tnterest in due time, then the Borrower shah,
from date following the date on which such amount
becomes due to the its actual payment date inclusive,
pay the late payment interest at a rate cf zero point
one per cent (0.1%) cf the amount past due for each
dayofthe delay cf payment.

10.6.

10.8. in the event that any overdue debt arises hereunder~

amounts paid by the Borrower in the repayrnent of the
debt hereunder shah te applied by the Lender,
regardless of the description cf payment referred to in
the payment document, in the following order:

laaoJnKeHHocTH
no
~oroaopy,
cyMMhI,
nepea4HcneHHsIe 3aeMujwKOM B c4eT norawenan
3agomgeauocT14
no
J~oroBOpy,
3a~HCfl5FOTc~
Kpe.aHTopoM aRe 3BBMC14M0CTI4 OT Ha3HaqeHl4s

aC/

F
aC/

nnaTex<a, ywa3auHoro B nocTyru4Bu)eM nnate,KH0M
~okyMeHTe, B cneaylouIeM nopsnKe:

10.8.1.

F

llsnep)KKI4

cBx3aHHsIe

3anon)xeHHocTu nO
qiicne
cyASSaeA'HbIe

10.8.2.
10.8.3.
10.8.4.
10.8.5.
10:8.6.

10.9.

Aa

10.10.

BsbIcKaHHeM

floroBopy, B TOM
H3A~PX<KM
(rrpn

flpouenTs,
14~
ynna~e14ub1e
yCtaHOBfleHHbI~ ~orcBcpoM CpOK;
KpennT,
14C
norameunblfl
yCTaHOBJ1eHHbl~ 4~oroaopoM cpox;
flpoueHTM (cTaTsa 6 J~orosopa);

10.8.2.

B

10.8.3.

B

10.8.4.
10.8.5.
10.8.6.

KpenuT;

WTpa~b a4 neycTo~iI(a (n.1O.7 ~oroBopa);
KpensTop
ocTaBnser
sa
co6o~
npaao
B
OEaHocTopoHHeM
nopsnxe
MeHRTS
09epCEHOCT5
noraweHwl nnare>rcei~, ycTaHoBsIeHusIx n.n. 10.8.1 a
10.8.5 ~orosopa.
8 iteu~ J~aTbI ynnaTbt flpouenToa, B J~aTy
oKoaMaTenbHoro norameHHs KpenwTa, a TaloKe B
cnyaiae
HecBoeBpeMeHHOro
noraflIeHH5l
saaonaceHHocTM
no
ynnaTe
flpoueHToB,
H
noraweMMIc KpenHra, fl~l4 uacTyn.neHMn cnyMas
nocpo~aoro
HcTpe6OBaHMS,
Ifl311
APSlOC~O9H0M
noramenaw
Kpenura,
3aeMuulK
6esonbIBHo
npenocTaBnseT KpegwTopy aKLLenT H~ cflMCaHH~
cpencTs
6es
xtoflonHMTeEbHblX
pacnOps)KeHHi~
3aeMufllKa CO acex cqeToa 3aeMuusxa, OTKpbITbIX y
KpeIHTopa, B norawes-me sanornKernlocTw 3aeMatnKa
nepen Kpe.asiTopoM B c0OTBeTCTBI4I4 C ycEOBMflMH
)~oroaopa.
flpw cnHcauMI4 KpenMTopoM neHe)fcHslx cpe.acTB B
noraweu~e sanon)lceHHocTw 3aeMujnKa co caTeT0B
3aeMwHica, OTKpSIThIX B BarnoTe, oTHWIHot~ Or
BasnorbL
J~oroBopa,
KpeJu4Top
ocyu.tecTs.nseT
IcoRBepTauFflo
JleHe)KHbIx
cpencrn
B
Barnory
,floroBopa no Kypcy Ii Ha yCflOBH~X ICpennropa,
yCTaH0BEeHHbIX AlES coBepweF{~S KoHaepcHOHHhlX
onepaw4fl ja neub npoBeneu45 onepauNa.
,Uo non~oro abInonIreHrls o5a3aTeEbCTB SaeMu.wKa
no
J~oronopy
Kpemirop
4Meer
npaBO
icoIlTponwponars
pacxOEaoBaHHe
3aeMwwKoM
nbrpyq 1(11,
nOcTy naio tue~i
OT
RowrpaxToB,
c~l*IaHClA(r)pyeMb!x ~a ctIer Kpenwra.

11.1, flo6an 14H4)opMawln, Ka)Kaoe HsBeweHne, npoCb6a,
rpe6oBarn4e 11)14 HpyrOe 0006UIeHMe, KoTopoe
210)1>1(140 6bITb npencTaBneHo NEF cnesaHo no
I~oroBopy, Syner HanpaBnsrrbcz B nHcbMeuloM BWAl~
B cneay~cw~e ajlpeca:

B anpec KpensTopa: A<<000

~qp~A>>

Anpec: 119454, r. MocKBa, yn. flo6a~eacworo,

~.

27;

Te.n.ft~aKc (495) 727-29-06, (495) 727-29-89;
Bu 1M a 1111m:
B Hue-npe3H21eHTa-HaMaJibHMKa
J~enapraMeHTa KcpnoparwaHoro
Maftaamok AH.

Costs incurred by the Lender in
connection with the recovery of the debt
under the Agreement, inciuding couxt
expenses (if any);
Any Interest flot paid within the period
provided by the Agreement;
The principal of the Loan flot paid within
the period provided by the Agreement;

The Interest (article 6 cf this Agreement);
Loan;
Penalties and late payment interest (clause

10.7 of this Agreement);
The Lender reserves the right to change, at ils
discretion, the order of payrnent set ont in clauses

10.8.1-10.8.5 ofthis Agreement.
10.9.

On the lnterest Payment Date, Loan Final Repayment
Date and in the event of delay cf payrnent cf any
lnterest and Principal cf the Loan in case cf the
Acceleration Event, prepayment 0f the Loan, the
Borrower shall irrevocably give the Lender acceptance

for debit of funds without ftirther instructions of the
Borrower from ail accounts cf tise Borrower opened
with tise Lender in the repayment of tise Borroweras
debt to tise Lender pursuant te the terms and conditions
ofthis Agreement.

In the event of debit by the Lender of funds in the
repayment cf a debt of tise Borrower from any account
open~d in tise currency different from the Currency of
tise Agreement, tise Lender shah convert the funds to
tise Currency cf the Agreement on the Lenderas terms
determined for execution cf conversion transactions on
tise day cf tise transaction.
10.10. Tise Lender may supervise tise application by tise
Borrower cf tise revenue coming from any contracts
financed from the proceeds ofthe Loan.

ARTICLE 11. NOTICES

CTATbS{ Il. M3BEILjEHRE

4A>>lHaHcMpoBaHkvl

B
anpec
3aeMnuila:
Accouuaun~
A<<Hauuoaanbublfl ~poHTA>> (<Front NationalA>>)
Anpec: 92000 Haurep (tpaHuH), yn. Pc ne Cw>wc,
APS1.78.
_____________

f-

10.8.1.

KpenwTopa,

CO

1.1. Any information, each notification, request, demand or
any other communication ta te provided or made

under the Agreement shah te delivered in question to
tise fohlowing address:
In case cf tise Leader: 000 FCRB
Address: 27 Lobachevskcgo Street, 119454 Moscow
Tel./Fax (495) 727-29-06, (495) 727-29-89;
Attention: A.N. Maydanyuk, Vise-President and Head
ofthe Corporate Financing Departinent
In case of tise Borrower: Laassociation Front
National
Address: 78 Rue De Suisses Nanterre 92000 France

Ru ii M 2H 1410

1.2.

Id3MeHeHMe peKBII3I4TOB, yxa3aHHbIx B HacT0~B1CM
rIyHKTe, iie 51nJLneTca OcHOBaHMeM f3151 3a5lBfleHHSl
CTopoHbI O HeflOJIyMeHHIl coo6uaetn4s!/ 3aJsBneH~~,
ecsia HC 6s,sni
co6JlIofeHbl ycnoBFA
ii. 12.3
J4oroaopa.
MeNcny
CtoponaMM
O6MeH

cooGtueHI4sMH/ yBeAoMJIeHIlS{MM
MOKeT
A'bITb
ocywectaneu
nocpencTaoM
noqToBo~
14/143114
KypbepcKoii,
14/ 1431M
4)aKCl4M1431S540~,
11/ 1431M
Tenerpal])Ho~i
c851314.
B
3BDIICISMOCTM
OT
l4cnonblyeMblx CropoHaMH cpefcTB CBST3I4 faToi~
~oflya4eHMM CwpoHO~ coo6uteH14~J yBes1oMsIeHMsl~
ManpauilneMoro ofF4oI~ CTopoKOii upyro54 CTopOHe,
cNl4TaeTcsl:
fl~I4 pJcnans3oBaHliM floqToBoWTe31erpa4lHoH
cB53314 - gaTa yBeaoMnenMs O Bpy4eHMl1
no4TOBOro
oTtTpaBJleHMsI
nony4aloulelk
Cropoae;
npH McnonsaooaHllw gypsepcxofl cBSI3M a gaTa
OTM~TKM
O
nony4ewMM
nonya4a1owe~
CTopoRofl
cooTBeTcTBY}OWerO
coo6uleHwa! yBelzoMneaHn;
51p14 Mcnonb3oBaHpn4 cpaKcwMnJlbHoM CB513H a
gara, yKaaaHHan B aBToMaTWleCI(OM OTqeTe,
nonTaep,lcnasomeM
oTnpaaxy
cooTBeTcToyIOlUerO
coo6ujew4s/ yBeROMJICHMSI C ItaKCMMHJIbFtOrO
anflapaTa
CTopol-sbI
a
oTnpasareJlsl
C
gononHslTensHoM
ronocoBOi~
npOBepKOl4
CTopoHaMM
nepegaauorO
coo6tueHMn/ yneaoMJleHMn no c~JaKCMM14nbHOH
cB5314, conepKawero c~e~~e~4sr o npldeMe
gOKyMeBTa Croponofl - nony4aTeneM.
CTopoKbI 06553a14b1 CaMOCTOSTe31M40 oTcne)fcI-IBaTS
noJiy~eHMe coo6meliMW yBegOMJleHHSl OT gpyrofl
CTopoHbI.
CTopoHa ocTaBJIIleT ~a co6oP ripafto norpe6osaTb OT
rTpOTl4BO nonoIsHoM
CTopoHbI
HaflpaBneHMn
opMrl1sana aasaneHHsI/ coo6uleHl4Y{, HanpaBneHHOrO
no 4)aKcWMMJISHOI4 cB5l3I4.
I .3. Ecnt~ onHa 143 CTopoH I43MeHwr CBOT4 noa4-rosble 145154
K0HTaKTHSIe peKBI13llTbl, nnaTe)IcHMe HHCTpyKLWM,
nofnepn4eTcn peOpraHM3atulK 1431M 31I4KBHAaUMM, TO
oHa O6fl3a14B nncbMeHNo aji~opMnpoBaTb 06 nOM
gpyryso CTopoHy B Te4eIwe 5 (flwrn) Pa6oau4x gE4e~i
C ~BTbI BcTynnew4s B CHEy 3THX MsMeHeHwn.
11.4. 3aeMu.u4K w Kpenwrop A'ygyr coxpawsrrb crporyfo
ASSoHc~waeE4unanbHocTb MH4lOpMaUHl4, oTHocsuaePcsi K

11.5.

npenMeTy M yCnOBl4nM J~oronopa, H npMMyT BCC
ao3Mo,KHsIe Mepsi, a4T0651 npefoxpaHtrrs yKa3aHHYI0
wI44JopMauIno OT pairnawewas TpeTbllM nl4ttaM 3a
wcKn)oqeH 4CM
cnyqaen,
npeJjycMoTpeHHblX
iaKol-{o.aaTenbcTBoM
~occl4icKO~
eegepawln.
J~al-u4oe flO31O)lC~HMC we flpI4MeHflTC5l npw ycTyflKe/
3anore Kpe.awropoM npas weGonaHhIH rio 4~oroBopy.
Konwsi noKyMeHToB, npegocTaBnSleMbIX 3aeMiuMKoM
KpenNTopy,
B
Cnf{anX,
yCTaHOBJleHJlblX
3aKoHoJxaTenbcTBoM
pc),
gornicm,A-
6blTs
aFTOCTM31MpOBaHSI,
sasepeNsi
HOTapltaflbHO
133154
yflOnHOMOa4CHHSIM g0JDKHOCTHSIM 3114110M, COAep)KaT6
F4orapwanbHo 3aBepeHHbI~i nepenou Ha pyCCKl4~3
S3blK, a TaloKe cKpenneHsI OATI4CKOM iiea~a~ii. B
foKyMeHrax,

r

cogepKaWHX

6onee

oRROPO JlI4cTa,

No change of the details specif5ed in this clause shah
serve a ground fora Partyas daim for no receipt ofthe
notice/claim, unless the terms and conditions of clause
12.3 ofthis Agreement are compIied with.

11.2. The exchange of communicatiOn5/n0ti~5 between the
Parties may be by mail and/or courier service andJor
facsimule and!or telegraph communication. Depending
on die communication means used by the Parties, die
communication / notice delivA"red by one Party to the
other shah be deemed received by such other Party:

1f sent by mailltelegraph, on the date of the
dehivery receipt evidencing the delivery of the
Document to the receiving Party;
1f sent by courier, on the date of signature
evidencing the receipt by the receiving party of
the respective communicatiO&notice
if sent using facsimile communication, the date
specified in the automatic report evidencing the
dispatch of the respective communication
!notice from a facsimile machine of the
dispatching Part3a with additional voice check
by the Parties of the communication!notice
dispatched using facsimule communication
containing data of the receipt of the documents

by the receiving Party.

Each of the Parties shah be required to independentlY
control the receipt of a communication / notice from
the other Party
the other
The Partya reserves the right to demand from
of
the
the
orignal
Party
to
dehiver
facsimile
sent
via
communicati on/noti ce
communication.

11.3. if any of die Parties changes its mailing or contact
details, payment details, payment instructions or
becomes engaged in a reorganization or dissolution, il
shah] noti~a the other Party thereof in writing within 5
(Five) Business Days from the effective date of such
changes.

11.4. The Borrower and the Lender shah keep confidential
any information related to me subject matter and the
ternis and conditions of the Agreement and shah take
ail steps to protect such information &om disclosure to

third parties except as provided by die haws of the
Russian Federation in effect. This provision shah not
apply to the case of assignment/pledge by the Lender
of any daim hereunder.
11.5. Any copy of documents provided by the Borrower to
die Lender shah!, if required by the Iaw of the Russian
Federation, be apostiled, notarized or certified by
authorized persons and by the corporate seal and shah
be accompanied with a notarized translation mb
Russian. In case of any document containing more
than one page, the pages shah be numbered, stitched
and fastened on die reverse side of the Iast page,

a

ARTICLE 12. DISPUTE RESOLUTION

CTATbSJ 12. CflOPM
12.1.

2.2.

Bce COOphI H pa3HornacMs, KoTophie MoryT
B03HI4KHyTS B npoueCCe HcO0EHCHkJS j~oroBopa HuM
B C0S314 C HMM, 6y~yr no BO3MO)KHOCTH pernaTscn
nyreM neperoaopon Me7KAy CropoHaMw B ueumx
nbIpaboTKw BsaFfMonpMeMEeMorO peLneHMyi.
B cJlyMae CCJJH CflO~bI 54 pa3HorJlacHS KB MO~~T 6b1T5
peUJCHbI flyreM neperoaOpOs, OHM bynyr peuiaTbCZ B
cooTBeTcrBkrn C 3aKoHOEaarenbcTBoM PoccH~kcKOH
eenepauHH B Ap6MTpBHCH0M cyuie r. MocKBbT.

13.l.3aeMaLHK npejuocTaenuerKpeuaHTopyflpaBO:
13.1.1. npenocranflsTb rn4apMaumo o 3aeMau1Ke,
nxownuyln B cocraB KpeZIHTH011 s4CTopMH

cornacHo saxoHoularesIbcTBy PoccHflcxofl
ee~epauHH, B Ssopo KpenHTHMx wcTopHfl,
BgnIoqeHHoe B rOCyLtapCTBeHHhIfl peecTp
650130 [cpeJlMTHbsX HCTOpH~i, C RoTophiM
KpenMTopoM
3aIcJTloqeH
uioro~op
oS
oIca3aKsln MHtIOpMatIHOHHbIX ycnyr;
13.1.2. rronya~ar~ cBe~enwa O ICpeRMTHOI1 MCTOpHM
3aeMuulKa B S10fJO lcpeulMTHbIX McToptalli H
JeHTpa.nbRoM KaTanore KpeLtHTHb!x wcTopufl
~eorpaai4qe~Hoe KOJIW9CCTBO pa~ 00 CBO~M~
ycMOTpeHJlIO.
13.2. ~oroBOp BCT~fl~CT B cHfly C ~aThI nonnHcaHax
CT0p0HaMH H AeMCTByeT )tO nani HcnonHeHas
3aeMuluKoM BCCX ero neHewHhtX O6S3aTenSCTB no
J~oroB0py.
13.3. B cnyaIae ecn~ 3aeMuuwK He BOCnOflb3OBanCn CBOHM
npaBoM Ha nonyMeMMe lcpenwra B C0OTBCTCTBKH C
yCnOBMSIMH
)~OrOBopa,
~OPOBO~
Ca4MTBBTCH
yTpaTHBWHM
CHny,
ynnaaieHHsie
3aeMwHxoM
KpeutxTopy KOMMCCHM B cooTBeTcTBvsn C ,L~oronopoM

KpelwTopoM Fie Bo3npatnaiorcn.
13.4. B cny~ae pacX0)KaeHHa B TonxoBaHHH nOfl0)KCHM~
HacTonu.tero Jjoronopa HcnonbsyeTci! TeKcT Ha
pyCCKOM 23b1KC.
13.5. ~oroBop UOAOPSCBH B r. MOCICBB Ha 17 (CeMHaRUaTH)
nHcrax (w<nic~aa flpHnoH(eHHe NB I), B 3 (Tpex)
opwrHHanbHb]x
3KSeM nnapax,
aMeidntHX
oulFiHaxoBylo
iopx~iiiaiecKyi0
cwny:
2 Q~sa)
aK3eMnn5tpa ~JIS! KpegHTopa w
guis 3aeMi.uHTca.

I (O.arni)

12.2.

Any dispute or difference arising ont of or in
connection with the performance of this Agreement
shah be as much as possible resolved through
negotiations between the Parties to work out a
mutually acceptable solution.
In the event of failure to resolve any such dispute or
difference through negotiations, they shall be resolved
by the Arbitrazh Court ofthe City of Moscow pursuant
to the law ofthe Russian Federation.

13.1. The Borrower shall give the Lender the right to

13.1.1. Provide information on the Borrower included
in the credit history pursuani to the laws of
the Russian Federation to the credit history
office included in the state registry of credit
histories with which the Lender has entered
into the information service agreement.
13.1.2. Receive details on the credit history of the
Borrower at the credit history office and in
the central catalogue of credit histories
unlimited number of time at its sole
discretion.

13.2. The Agreement shall enter into effect since the date of
its execution and shah be in full force and effect until

full discharge of the rnonetary obligations of the
Borrower hereunder.
13.3. In the event that Borrower waives its right to receive the
Loan pursuant to the terms and conditions of the
Agreement, the Agreement shall be deemed invalid
and no fee paid by the Borrower to the Lender
hereunder shah be refunded.
13.4. In the event of any discrepancy in interpretation of the
provisions of this Agreement, the Russian version
shall prevail.
13.5. The Agreement is executed in the City of Moscow on
seventeen (17) pages (including Annex 1) in three (3)
originals having equal legal force: two (2) originals to
the Lender and one (1) to the Borrower.

ax3eMnnnp

CTATbSI 14. MECTOHAXO)KLLEHI4E,
fIJIATE)ICHhIE PEICBII3IITbI M fl0$JJIICM
CTOPOH:

ARTICLE 14. LOCATION, BANK DETAILS AND
SIGNATURES 0F THE PARTIES:
LENDER:

ICPELIJ4TOP:
HEPBSWI

12.!.

ARTICLE 13. MISCELLANEOUS

CTAThSI 13. r1Po~EE

e

cenified with a signature and theseal.

flHcTb( ~OJ3N<l4bI 6bTrb npoHyMepOBaHbl, npOUJMTbI H
CIC~Cflfl~Hht Ha OAOpOTHOI1 CTOpOHe nocneliHero
rlMcra, 3aBepeHM nO1InHChIO H OTTJ4CKOM neqarH.

q~~c1co~pocCWClCMH

EAHK

O6tnecTBo c 0rpaHui4eHHot~ OrBeycTseHHocTbIO

(A<<000 fIaWBA>>)
I4HH 7701138419 / KrIll 775001001
MecroHaxoKaeHHe: 119454, PoccH~IcKas ctenepauHa, r.
MocKBa, yn. flo6aqencicoro, n. 27
Kop. cqer N9 30101810600000000300 B OflEPY MocKBa,
EMK 044525300

KJc ngonn.CWA N9070-55.075.626 s Raiffeisen Bank

FIRST CZECH RUSSIAN BANK Limited Liability
Company

FCRB LLC
INN 7701138419, KPP 775001001
Location: 27 Lobachevskogo Street,

119454 Moscow,

Russian Federation
Correspondent account

No. 30101810600000000300 with

OPERU Moscow; BIK 044525105
Correspondent account in US dollars 070-55.075.626 with

KJc n espo Nsl-55.075.626 s Raiffeisen Bank International
AG, \aienna, SWIFT: RZBAATWW
Ten./4rnKC: +7 (495) 727-29-06,727-29-59, +7 (495) 22343-43, +7(495) 727-29-89

43, +7 (495) 727-29-89
BORROWER:

3AEMLUFIIC:
Accounaulin

Raiffeisen RanI-c International AG, Vienna, SWIFT:
RZBAATWW
Correspondent account in euro NsI-55.075.626 with
Raiffeisen Bank International AC, Vienna, SWIFT:
RZBAATWW
TeI/Fax: +7 (495) 727-29-06,727-29-59, A+-7 (495) 223-43-

A<<Haunosansnblfl

4poHTA>>

(A<<Front

NationalA>>)
Mec-rowaxrnKaesHe: 92000 HaHTep (~paHuwO, yn. Pic ~te
Ciowc, u.78
(78, Rue des Suisses, 92000 Nanterre, -i-en. Ca~4~ 2~31: &&)I
l-10Mev
n
peerrpe
npeunpWlTHii
H
oprasH3auufl

Or PiMents KPEJIIaITOPA:
flpeJiceAaTe~9b flpaBJiel

Laassociation Front National
Location: 78, Rue des Suisses, 92000 Nanterre, tel. 01 41 20
21 60).
Cornpany and Organization Reaivter number
Account: Ns IRAN: F

On- bA"haif of the LENDER:
Chairman of the Board

Seal ta be affixe

M. n.

Or

ilMeun 3AEMIJ4NnA:
ICa3llaqeii-ynpaBSIfllOuIHlJ tHEEHCaMH (4HfHaHCoEbIii
nspeIcTop)
AccouflaitHil A<<HauHOHaflbHb1i~ 4)pOHTA>>
(A<<Front NationalA>>), ~ellcTByIOL1iHii Ha oenonanmu

YcTa na,
PesanioLnlu
npe3HJleHTa
(npcj~cej1aTeJA-fl)
Accoumaumil A<<HauHoHaJA-bHblfi cppomrA>> OT 10 inoug
2014r., PeiueHna ucnonHnTe,Ihnoro 6IO~3O OT 29 anrycra
2014r., ,LLoBepeHHOcTH o/02,94aH,)46p51 2014 r.

On behaif of the I3ORROWEI:
Treasurer - Finance Managing Officer (CheiYFm~ncial
Officer) of Front National Association acting pursuant to the
Charter, the Resolution of the President (Chairman) of
Front National Association as of 10 Situe 2014, the
Resohition of the Executive Office as of 29 August 2014,
the Power of attorneyps of 02 Septet~ber 2014.
aalLerand,

naOTnnrec (Wallerand,
Jean,
A,pascya ,lje ceHAKl6~a
)Kan,
Mapm,
Marie, ~ daAUTINGUES)/

000

~3~c4%Ye4fl~af! Np~A(r)lON~

Msa,
CE Hue en bc-rsye

~a!cr7 7

goxyMeRTawlI4

j~w14Wallerand,
Mapa, A(r)paucya 11e CefrcsSft~i
Jean, Marie, Francois de
daAUTINGUES)
s
I-IaIIICM
OpHCyTCTBIJ}1,
HHa-IHOCTb
nonnacasuiero
HactonulHfl uolcyMeHT HueHTI4HuHponaHa, nerHTWMHOCTb
nonHouoqpdl nponepeHa.

Signature

floanwct.

Signature

7

BOPOshrju n

Marie,

76-78 Rue des Suisses
NANTERRE -TEL. 01 41 202000
1901 ~CodeAPE94Q~

wftifess ta fact of signing of t1iA-~ ~~~ntbyWalIerand,
Jean, Marie, Francois de SAINT JUST daAUTINGUES in
our presence, the identity of lite person signing this document
bas been established and his/her legal capacity has been
verified.

rlonnKcb

A<<t IA>> ceHTH6pa 2014 r.

Jean

September 11,2014

4
4

I7puno~cenae Ke I ic KpeA'urnnoMy A"o?.oeopy
.4~ 04-03-02/14-28 om A<<11A>> cernn.a5p.n 2014 a

Aunes I b lite Loan Agreement
No. 04-03-02/14-28 of 11 September 2014

rJEPBhIA a-{EWCKO - poccnhcicnh BAHK
O6utecrBo e Orpann9euHoil OTnetcTueaHocrslo

FIRST CZECH RUSSIAN BANK
Limited Liability Company

Kac.:
Kpe~wTHoro ~oroaopa ?~b 04-03-02/I4-7a~
OT
A<<12A>> ceKT)36ps 2014 rona, 3agntoqeHHoro ~exASSay \~<a9OO
fl1PBA>> ~i Aecoiwawiefl A<<HauHoHaJ~bHbIt1 c~poFrS)\ )
a~

1438e[uenue 00 ucnO.qb3o~as1flIaEb

Aa

f,)

B

COOTB~TCTBI4H

.C\KCPO

X904-03-02/14-~~ JA>>

.aoroeopa

HacTo~nwM

cooA'tiiaet,&
O

MM

CBOCM

HaMepeHMM

rona

CyMM~

.and conditions cf Loan

Pursuant to th

KpenMTaoro

20 4

B

ation

aThi

cewrnA'ps

MCfloJ1b3OBaT~)

Re: Loan Agreement No. 04-03-02/14-28
2014 entered into between FCRB LLC
Front National

as cf 11 September 2014, we

Agreement No. 04

,sire to use the Disbursement in the

hereby advise
amou:

______t
rur~
neAt~iicna

Ha

~rn)TaTy
C4eT

2~_.

RpOCHM

J~ IBAN:

te

D:

W~ ask

yztA>>

te. make the

No.

account

IBAN:

R1C

A
a

C

Position cf die officer ofthe Borrower

,Ilos3~cnocmb pyicoeoA'umeirn
3aeMuASSwca

Mn.

A. L.

SenT to be affixed here

)
flpouiwro, npoflyMepoaano H clcpenile!io neaiaTblo
UHOTOII (Stitched. nunibered and sealed:Seventeen (1

On behalf of the LENDER:
Chairman of the Maria amant Board 0f
FCRB ~ /R,Ya.
/P.5l.flonoA>>f

V
SeaI [o be affixed

On behaif cf the BORROWER:

[1< A:
lifluaHil
)uHSUHH

c~HnafIcaMH

(~HuaHconbTi~

A<<HaUHOIEaJ1bHbi~I

cj)POHTA>>

ionalA>>), Jte~crHyioLuHi~ Ha OcHOaaHuH
Pe3ornouHH npe3wAlewra (npencw~aTdna)
ecouHauNA>> A<<FhWH0HaJ~6HbIl4 (jipooT>) cia 10 HIOHSI
2014r., PeweA>>ng HCflOflhI~jiaC)1bH99~ 6jA,fo or 29 anryciaa
20 4r., .flonepeiuiocni A,fO2 c~*iasi~6si 2014 r.

JBarniepaA>>, )lCau, MapH,
.naOrA>>iirec (Wallerand, Jean,
JST dAUTINOUES)!

NATIONAL
92000 NANTERRE TEL. 01 41202000
Ass. Loi 1901 Code APE 9499Z
-

-

Sire! 331 309 013 00042

Treasurer - Finance Managing Officer (Chai
Officer) cf Front National Association acting
to the Charter, the Resolution oU the Pi
(Chairman) of Front National Association as of 10 lui
2014, the Resolution of the Exeeuple Office as of 29

August 2014, the Pow~r cf ak~rody as of 02 September
2014.

2000
9499Z
Siret 331 309 013 00042